The shares of Allergan plc (NYSE:AGN) has been pegged with a rating of Buy by Guggenheim in its latest research note that was published on October 9th, 2018. Guggenheim wasn’t the only research firm that published a report of Allergan plc, with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on April 24th, 2018, to Buy the AGN stock while also putting a $200 price target. The stock had earned Outperform rating from Evercore ISI when it published its report on April 23rd, 2018. The stock was given Hold rating by Stifel in its report released on April 17th, 2018, the day when the price target on the stock was placed at $192. SunTrust was of a view that AGN is Buy in its latest report on February 23rd, 2018 while giving it a price target of $200. Leerink Partners thinks that AGN is worth Outperform rating. This was contained in the firm’s report on February 7th, 2018 in which the stock’s price target was also moved to $242.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $206.94. The price of the stock the last time has raised by 18.61% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 57.44.
The shares of the company added by 2.02% during the trading session on Friday, reaching a low of $145.36 while ending the day at $149.26. During the trading session, a total of 3.02 million shares were traded which represents a -12.22% decline from the average session volume which is 2.69M shares. AGN had ended its last session trading at 146.30. Allergan plc currently has a market cap of $50.60B while its P/E earnings growth sits at 3.16, with a beta of 1.48. Allergan plc debt-to-equity ratio currently stands at 0.33, while its quick ratio hovers at 0.80. AGN 52-week low price stands at $125.84 while its 52-week high price is $197.00.
The company in its last quarterly report recorded $4.25 earnings per share which is above the $4.04 predicted by most analysts. The Allergan plc generated $3,911.40 million in revenue during the last quarter, which is slightly higher than the $3,885.38 million predicted by analysts. In the second quarter last year, the firm recorded $4.42 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -4%. Allergan plc has the potential to record -0.58 EPS for the current fiscal year, according to equities analysts.
Investment analysts at CL King published a research note on June 28th, 2018 where it informed investors and clients that Welbilt, Inc. (NYSE:WBT) is now rated as Neutral. Citigroup also rated WBT as Resumed on April 24th, 2018, with its price target of suggesting that WBT could surge by 36.69% from its current share price. Even though the stock has been trading at $12.71/share, analysts expect it to surge higher by -2.52% to reach $19.57/share. It started the day trading at $12.67 and traded between $11.86 and $12.39 throughout the trading session.
A look at its technical shows that WBT’s 50-day SMA is 13.26 while its 200-day SMA stands at 18.87. The stock has a high of $23.85 for the year while the low is $10.66. The company’s P/E ratio currently sits at 19.67, while the P/B ratio is 10.50. The company’s average trading volume currently stands at 1.71M shares, which means that the short-interest ratio is just 6.39 days. Over the past seven days, the company moved, with its shift of 6.90%. Looking further, the stock has dropped -33.42% over the past 90 days while it lost -47.48% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Select Equity Group LP sold more WBT shares, decreasing its portfolio by -1.46% during the last quarter. This move now sees Select Equity Group LP selling -204,548 shares in the last quarter, thus it now holds 13,804,575 shares of WBT, with a total valuation of $153,368,828. The Vanguard Group Inc meanwhile bought more WBT shares in the recently filed quarter, changing its stake to $132,947,871 worth of shares.
Similarly, Champlain Investment Partners LLC increased its Welbilt, Inc. shares by +4.87% during the recently filed quarter. After buying 277,115 shares in the last quarter, the firm now controls 5,966,285 shares of Welbilt, Inc. which are valued at $66,285,426. In the same vein, Impax Asset Management Ltd increased its Welbilt, Inc. shares by during the most recent reported quarter. The firm bought 2,084,060 shares during the quarter which increased its stakes to 5,923,937 shares and is now valued at $65,814,940. Following these latest developments, around 0.10% of Welbilt, Inc. stocks are owned by institutional investors and hedge funds.