Notable Analyst Upgrades and Downgrades for Week of February 28 2022

 

Upgrades:

 

American Electric Power (NASDAQ:AEP) was upgraded by investment analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a report released on Monday, Briefing.com reports. The brokerage currently has a $101.00 target price on the stock, up from their previous target price of $93.00. Wells Fargo & Company's target price points to a potential upside of 12.90% from the company's current price.

Separately, Morgan Stanley cut their target price on shares of American Electric Power from $110.00 to $105.00 and set an "overweight" rating on the stock in a research note on Friday, February 18th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $96.78.

Shares of NASDAQ AEP opened at $89.46 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.48 and a current ratio of 0.63. The firm has a market cap of $45.06 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 3.08 and a beta of 0.35. American Electric Power has a 1 year low of $74.80 and a 1 year high of $91.66. The stock's 50-day simple moving average is $88.50 and its 200-day simple moving average is $86.41. Read more …

 

Lockheed Martin (NYSE:LMT) was upgraded by equities researchers at Wolfe Research from a “peer perform” rating to an “outperform” rating in a note issued to investors on Monday, Briefing.com reports.

Several other equities analysts also recently commented on LMT. Robert W. Baird increased their price objective on shares of Lockheed Martin from $376.00 to $425.00 in a research note on Wednesday, January 26th. Susquehanna raised their price target on shares of Lockheed Martin from $400.00 to $445.00 in a research note on Wednesday, January 26th. Bank of America downgraded shares of Lockheed Martin from a “buy” rating to a “neutral” rating and dropped their price target for the company from $440.00 to $375.00 in a research note on Monday, November 1st. Wells Fargo & Company increased their price objective on shares of Lockheed Martin from $379.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 26th. Finally, Sanford C. Bernstein increased their price objective on shares of Lockheed Martin from $387.00 to $401.00 in a research report on Wednesday, January 26th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $410.68. Read more …

 

Kroger (NYSE:KR) was upgraded by investment analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, Briefing.com reports. The brokerage presently has a $54.00 price objective on the stock, up from their prior price objective of $47.00. Telsey Advisory Group’s target price points to a potential upside of 15.38% from the stock’s previous close.

A number of other research analysts have also recently weighed in on the stock. Wells Fargo & Company cut shares of Kroger from an “equal weight” rating to an “underweight” rating and set a $42.00 target price on the stock. in a research note on Tuesday, January 25th. JPMorgan Chase & Co. upped their price target on shares of Kroger from $44.00 to $45.00 in a research note on Friday. UBS Group upped their price target on shares of Kroger from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, December 3rd. Bank of America upgraded shares of Kroger from an “underperform” rating to a “neutral” rating and upped their price target for the company from $38.00 to $52.00 in a research note on Wednesday, January 19th. Finally, Zacks Investment Research cut shares of Kroger from a “hold” rating to a “sell” rating and set a $47.00 price target on the stock. in a research note on Friday. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $44.88. Read more …

 

 

Pembina Pipeline (NYSE:PBA  (TSE:PPL) was upgraded by stock analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued to investors on Tuesday, The Fly reports.

PBA has been the subject of several other research reports. TD Securities raised their target price on shares of Pembina Pipeline from C$44.00 to C$45.00 in a report on Monday. JPMorgan Chase & Co. started coverage on shares of Pembina Pipeline in a report on Tuesday, November 23rd. They set a “neutral” rating for the company. National Bank Financial raised their target price on shares of Pembina Pipeline from C$41.00 to C$42.00 in a report on Wednesday, January 26th. Zacks Investment Research raised shares of Pembina Pipeline from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Wednesday, February 9th. Finally, Tudor Pickering reissued a “buy” rating and set a C$45.00 target price on shares of Pembina Pipeline in a report on Friday, November 5th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $42.61. Read more …

 

Notable Analyst Upgrades and Downgrades for Week of November 1 2021 (Part 1)

 

Upgrades:

 

Intel (NASDAQ:INTC) was upgraded by analysts at Northland Securities from an “underperform” rating to a “market perform” rating in a research note issued on Monday, PriceTargets.com reports. The firm presently has a $49.00 price target on the chip maker’s stock. Northland Securities’ price target indicates a potential downside of 0.39% from the company’s current price.

A number of other equities research analysts also recently commented on INTC. The Goldman Sachs Group restated a “sell” rating and issued a $44.00 target price (down previously from $51.00) on shares of Intel in a research report on Friday, October 22nd. Zacks Investment Research upgraded Intel from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Friday, July 9th. Citigroup reduced their target price on Intel from $57.00 to $52.00 and set a “neutral” rating on the stock in a research report on Friday, October 22nd. Credit Suisse Group set a $80.00 price objective on Intel in a report on Friday, October 22nd. Finally, Bank of America cut their price objective on Intel from $52.00 to $45.00 and set an “underperform” rating on the stock in a report on Friday, October 22nd. Eleven equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $56.52. Read more …

 

Merck & Co., Inc. (NYSE:MRK) was upgraded by equities researchers at Argus from a “hold” rating to a “buy” rating in a note issued to investors on Monday, Analyst Price Targets reports. The brokerage presently has a $110.00 price objective on the stock. Argus’ price objective would suggest a potential upside of 25.40% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Morgan Stanley lifted their price objective on Merck & Co., Inc. from $88.00 to $90.00 and gave the stock an “equal weight” rating in a report on Friday. Barclays lifted their price objective on Merck & Co., Inc. from $87.00 to $92.00 and gave the stock an “overweight” rating in a report on Friday, October 8th. Truist began coverage on Merck & Co., Inc. in a research report on Tuesday, July 27th. They set a “buy” rating and a $92.00 price target for the company. Berenberg Bank reissued a “hold” rating and set a $92.00 price target (up previously from $86.00) on shares of Merck & Co., Inc. in a research report on Sunday, October 10th. Finally, Zacks Investment Research raised Merck & Co., Inc. from a “sell” rating to a “hold” rating and set a $82.00 price target for the company in a research report on Tuesday, August 24th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Merck & Co., Inc. presently has an average rating of “Buy” and an average target price of $94.16. Read more …

 

Starbucks (NASDAQ:SBUX) was upgraded by research analysts at Stephens from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Monday, The Fly reports. The firm currently has a $130.00 price objective on the coffee company’s stock, up from their previous price objective of $118.00. Stephens’ price objective indicates a potential upside of 22.56% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the stock. Piper Sandler boosted their price objective on shares of Starbucks from $104.00 to $108.00 and gave the stock a “neutral” rating in a report on Wednesday, July 28th. Bank of America assumed coverage on shares of Starbucks in a report on Monday, October 11th. They issued a “buy” rating and a $135.00 price objective for the company. Robert W. Baird lowered their price objective on shares of Starbucks from $144.00 to $128.00 and set an “outperform” rating for the company in a report on Friday. UBS Group lowered their price objective on shares of Starbucks from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Friday. Finally, Atlantic Securities downgraded shares of Starbucks from an “overweight” rating to a “neutral” rating and set a $105.00 target price on the stock. in a research note on Thursday, September 30th. Nine analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $123.00. Read more …

 

 

Sanofi (NASDAQ:SNY) was upgraded by stock analysts at HSBC from a “hold” rating to a “buy” rating in a report released on Monday, The Fly reports.

Several other brokerages have also issued reports on SNY. UBS Group reiterated a “buy” rating on shares of Sanofi in a research note on Thursday, August 12th. Morgan Stanley restated an “overweight” rating on shares of Sanofi in a research note on Friday, August 6th. Zacks Investment Research upgraded shares of Sanofi from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Wednesday, September 29th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Sanofi in a research note on Thursday, October 14th. Finally, SVB Leerink upgraded shares of Sanofi from a “market perform” rating to an “outperform” rating in a research note on Monday, September 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $51.00. Read more …

Notable Analyst Upgrades and Downgrades for Week of September 27, 2021

 

Upgrades:

 

Sanofi (NASDAQ:SNY) was upgraded by SVB Leerink from a “market perform” rating to an “outperform” rating in a report issued on Monday, Analyst Price Targets reports.

Several other equities research analysts have also recently weighed in on SNY. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Sanofi in a report on Friday, July 30th. Morgan Stanley reissued an “overweight” rating on shares of Sanofi in a report on Friday, August 6th. Finally, UBS Group reiterated a “buy” rating on shares of Sanofi in a research report on Thursday, August 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $53.00. Read more …

 

The Western Union (NYSE:WU) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a report issued on Monday, The Fly reports.

NYSE WU opened at $20.23 on Monday. The stock has a fifty day moving average of $21.94 and a 200-day moving average of $23.70. The stock has a market capitalization of $8.22 billion, a P/E ratio of 10.32 and a beta of 0.99. The Western Union has a 52 week low of $19.07 and a 52 week high of $26.61. The company has a debt-to-equity ratio of 10.47, a quick ratio of 0.94 and a current ratio of 0.94. Read more …

 

Eli Lilly and (NYSE:LLY) was upgraded by equities researchers at Citigroup from a "neutral" rating to a "buy" rating in a note issued to investors on Wednesday, The Fly reports. The brokerage presently has a $265.00 price target on the stock, up from their prior price target of $210.00. Citigroup's price objective indicates a potential upside of 19.58% from the company's current price. The analysts noted that the move was a valuation call.

LLY has been the topic of several other research reports. Barclays upped their target price on shares of Eli Lilly and from $227.00 to $250.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 6th. The Goldman Sachs Group upped their target price on shares of Eli Lilly and from $252.00 to $270.00 and gave the stock a "conviction-buy" rating in a research note on Monday, June 14th. Cantor Fitzgerald increased their price objective on shares of Eli Lilly and from $245.00 to $300.00 and gave the company an "overweight" rating in a research report on Thursday, June 24th. Read more …

 

 

UBS Group (NYSE:UBS) was upgraded by research analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a report issued on Wednesday, The Fly reports.

Other research analysts also recently issued reports about the company. Credit Suisse Group reaffirmed an "outperform" rating on shares of UBS Group in a report on Wednesday, July 21st. Morgan Stanley reaffirmed a "hold" rating on shares of UBS Group in a report on Tuesday, August 10th. Barclays reaffirmed an "underweight" rating on shares of UBS Group in a report on Monday, July 19th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of UBS Group in a report on Wednesday, July 21st. Finally, The Goldman Sachs Group set a $15.80 target price on UBS Group and gave the stock a "hold" rating in a report on Thursday, July 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $15.70. Read more …

Notable Analyst Upgrades and Downgrades for Week of September 20, 2021

 

Upgrades:

 

Colgate-Palmolive (NYSE:CL) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report issued on Monday, The Fly reports.

Other research analysts also recently issued reports about the stock. Credit Suisse Group raised shares of Colgate-Palmolive from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $80.00 to $95.00 in a research report on Wednesday, June 9th. Evercore ISI reissued a "buy" rating and set a $95.00 price objective on shares of Colgate-Palmolive in a research report on Sunday, June 20th. Finally, UBS Group assumed coverage on shares of Colgate-Palmolive in a research report on Wednesday, June 23rd. They set a "buy" rating and a $95.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $85.54. Read more …

 

Canadian National Railway (NYSE:CNI) (TSE:CNR) was upgraded by equities research analysts at TD Securities from a “hold” rating to a “buy” rating in a report released on Monday, The Fly reports.

Several other analysts also recently weighed in on CNI. Credit Suisse Group dropped their target price on shares of Canadian National Railway from $121.00 to $112.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 21st. Desjardins dropped their target price on shares of Canadian National Railway from C$147.00 to C$145.00 and set a “hold” rating on the stock in a research report on Wednesday, May 26th. Barclays dropped their target price on shares of Canadian National Railway from $119.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 14th. National Bank Financial upped their price objective on shares of Canadian National Railway from C$139.00 to C$144.00 and gave the company a “sector perform” rating in a report on Monday. Finally, Loop Capital downgraded shares of Canadian National Railway from a “buy” rating to a “hold” rating and set a $157.00 price objective on the stock. in a report on Wednesday, September 1st. Eleven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $139.06. Read more …

 

National Bank of Canada (TSE:NA) was upgraded by stock analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Monday, Price Targets.com reports. The firm currently has a C$40.00 price objective on the financial services provider’s stock. Piper Sandler’s price objective indicates a potential downside of 58.24% from the stock’s previous close.

A number of other analysts also recently issued reports on the company. Credit Suisse Group reaffirmed a “neutral” rating on shares of National Bank of Canada in a research note on Thursday, September 2nd. CIBC increased their price target on National Bank of Canada from C$98.00 to C$102.00 and gave the stock a “neutral” rating in a report on Thursday, August 26th. CSFB increased their price target on National Bank of Canada from C$106.00 to C$110.00 in a report on Wednesday, September 1st. Royal Bank of Canada increased their price target on National Bank of Canada from C$97.00 to C$99.00 and gave the stock a “sector perform” rating in a report on Thursday, August 26th. Finally, TD Securities lowered their price target on National Bank of Canada from C$100.00 to C$99.00 and set a “hold” rating for the company in a report on Thursday, August 26th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$98.85. Read more …

 

 

ABB (NYSE:ABB) was upgraded by analysts at Exane BNP Paribas to a "neutral" rating in a note issued to investors on Tuesday, The Fly reports. The brokerage currently has a CHF 37 price target on the industrial products company's stock.

Other analysts also recently issued reports about the company. Kepler Capital Markets upgraded ABB from a "hold" rating to a "buy" rating and set a $36.00 price target for the company in a research note on Friday, July 2nd. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of ABB in a research note on Tuesday, July 27th. JPMorgan Chase & Co. set a $36.78 target price on ABB and gave the company a "neutral" rating in a research report on Friday, July 23rd. HSBC upgraded ABB from a "hold" rating to a "buy" rating in a research report on Thursday, May 27th. Finally, Barclays set a $36.78 target price on ABB and gave the company an "equal weight" rating in a research report on Friday, July 23rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $35.88. Read more …

Best-in-Class Lockheed Martin Remains a Buy

 

The aerospace and defense company continues to deliver, but is undervalued by at least a low double-digit percentage

 

 

I have long been a fan of Lockheed Martin Corp. (NYSE:LMT), the world's largest defense contractor, as the company is in a prime position to capitalize on increases in defense spending.

 

The company posted better-than-expected results earlier this week and raised its guidance once again. The stock experienced a bit of a selloff following the release of the earnings report, but shares continue to look inexpensive based on the company's historical valuation as well as its intrinsic value as calculated by GuruFocus.

 

Let's examine Lockheed Martin's most recent results more in detail.

 

Lockheed Martin reported third-quarter earnings results on Oct. 20. The company's earnings per share of $6.25 were 16 cents ahead of Wall Streets' estimates and an increase of 10.4% from the previous year. Revenue grew 8.7% to $16.5 billion, $358 million more than expected.

 

Every segment within the company showed positive growth.

 

Aeronautics grew 8% to $6.7 billion. This segment continues to benefit from higher volumes for the F-35 program. Classified development contracts were up $130 million. Operating margins fell 20 basis points to 10.6%.

 

 

Missiles and Fire Control was the real standout as sales were up 14% to just under $3 billion. Tactical and strike missile programs experienced an increase in demand. Integrated air and missile defense, led by the Patriot Advanced Capability-3 and Terminal High Altitude Area Defense programs, also saw higher volumes. Lower volumes for the Apache program led to a slight decline in sensors and global sustainment programs. Operating margins improved 20 basis points to 13.6%.

 

Continue reading …

 

Week's Most Significant Insider Trades: Week of July 22, 2019

Acquisitions:

Bank of New York Mellon Corp (NYSE:BK) Vice Chairman William M. Daley bought 11,350 shares of the business’s stock in a transaction on Thursday, July 18th. The shares were bought at an average price of $44.93 per share, for a total transaction of $509,955.50. Following the completion of the acquisition, the insider now owns 5,700 shares of the company’s stock, valued at $256,101. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

BK stock traded up $0.55 during trading on Monday, hitting $45.82. The company had a trading volume of 4,900,280 shares, compared to its average volume of 5,011,035. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.68 and a current ratio of 0.71. The company has a 50-day simple moving average of $43.86. Bank of New York Mellon Corp has a 12 month low of $42.13 and a 12 month high of $54.47. The company has a market cap of $43.35 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.39 and a beta of 1.04. Read more …

CROWN CASTLE IN/SH SH (NYSE:CCI) Director J Landis Martin purchased 16,300 shares of the firm’s stock in a transaction on Tuesday, July 23rd. The stock was bought at an average price of $127.33 per share, with a total value of $2,075,479.00. Following the acquisition, the director now owns 130,617 shares in the company, valued at $16,631,462.61. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of CCI opened at $130.58 on Friday. The firm has a 50 day simple moving average of $132.66. CROWN CASTLE IN/SH SH has a 52-week low of $103.21 and a 52-week high of $137.85. The firm has a market cap of $53.83 billion, a price-to-earnings ratio of 23.83, a price-to-earnings-growth ratio of 1.48 and a beta of 0.33. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.76. Read more …

Air Products & Chemicals, Inc. (NYSE:APD) CEO Seifi Ghasemi acquired 20,000 shares of Air Products & Chemicals stock in a transaction dated Friday, July 26th. The shares were purchased at an average price of $227.16 per share, with a total value of $4,543,200.00. Following the acquisition, the chief executive officer now owns 453,783 shares of the company’s stock, valued at $103,081,346.28. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of APD stock opened at $230.55 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.16 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $50.11 billion, a PE ratio of 30.95, a P/E/G ratio of 2.26 and a beta of 0.83. The company has a 50 day moving average of $224.80. Air Products & Chemicals, Inc. has a 1 year low of $148.44 and a 1 year high of $231.45. Read more …

Week's Most Significant Insider Trades: Week of February 18, 2019

Acquisitions:

Kinder Morgan Inc (NYSE:KMI) insider Richard D. Kinder acquired 200,000 shares of the company’s stock in a transaction that occurred on Friday, February 15th. The shares were bought at an average cost of $18.93 per share, for a total transaction of $3,786,000.00. Following the acquisition, the insider now directly owns 236,692,545 shares in the company, valued at approximately $4,480,589,876.85. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.  Read more …

Kinder Morgan Inc (NYSE:KMI) insider Richard D. Kinder bought 300,000 shares of the business’s stock in a transaction on Thursday, February 21st. The stock was bought at an average cost of $19.15 per share, for a total transaction of $5,745,000.00. Following the purchase, the insider now directly owns 237,011,657 shares of the company’s stock, valued at approximately $4,538,773,231.55. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. KMI stock traded up $0.18 during trading on Friday, reaching $19.37. 8,769,645 shares of the stock were exchanged, compared to its average volume of 13,353,239. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.76 and a quick ratio of 0.71. Kinder Morgan Inc has a 1 year low of $14.62 and a 1 year high of $19.32. The company has a market capitalization of $42.29 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 2.57 and a beta of 0.89. Read more …

Invesco Ltd. (NYSE:IVZ) Director Rod Canion acquired 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 21st. The shares were bought at an average cost of $18.89 per share, for a total transaction of $377,800.00. Following the acquisition, the director now owns 84,451 shares of the company’s stock, valued at approximately $1,595,279.39. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Rod Canion also recently made the following trade(s):

On Friday, February 8th, Rod Canion acquired 10,000 shares of Invesco stock. The shares were bought at an average cost of $17.97 per share, for a total transaction of $179,700.00.

Shares of NYSE IVZ traded up $0.22 on Friday, hitting $19.05. The company’s stock had a trading volume of 3,319,160 shares, compared to its average volume of 4,720,450. Invesco Ltd. has a 12-month low of $15.38 and a 12-month high of $35.03. The company has a market capitalization of $7.83 billion, a PE ratio of 7.84, a price-to-earnings-growth ratio of 1.15 and a beta of 1.50. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.55 and a quick ratio of 1.55. Read more …

Disposals:

3M Co (NYSE:MMM) EVP Joaquin Delgado sold 4,897 shares of the firm’s stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $207.30, for a total value of $1,015,148.10. Following the transaction, the executive vice president now owns 23,191 shares of the company’s stock, valued at approximately $4,807,494.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Shares of MMM traded down $0.92 during trading hours on Tuesday, reaching $207.94. 48,139 shares of the company traded hands, compared to its average volume of 2,365,593. The firm has a market capitalization of $120.26 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.93 and a beta of 1.06. 3M Co has a 12-month low of $176.87 and a 12-month high of $244.86. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.89 and a quick ratio of 1.29. Read more …

Notable Analyst Upgrades and Downgrades for Week of January 7, 2019

Upgrades:

Enbridge (NYSE:ENB) (TSE:ENB) was upgraded by stock analysts at Wolfe Research from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday, The Fly reports. Other research analysts have also issued research reports about the company. Zacks Investment Research lowered Enbridge from a “hold” rating to a “strong sell” rating in a research report on Monday, December 31st. ValuEngine upgraded Enbridge from a “sell” rating to a “hold” rating in a research report on Tuesday, October 2nd. Wells Fargo & Co upgraded Enbridge from a “market perform” rating to an “outperform” rating in a research report on Monday, November 5th. Citigroup restated a “neutral” rating on shares of Enbridge in a research report on Monday, September 24th. Finally, UBS Group assumed coverage on Enbridge in a research report on Thursday, October 4th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $48.20. Read more …

BMO Capital Markets upgraded shares of General Motors (NYSE:GM) (TSE:GMM.U) from a market perform rating to an outperform rating in a research note issued to investors on Monday, The Fly reports. GM has been the topic of several other reports. Goldman Sachs Group set a $36.00 target price on shares of General Motors and gave the stock a neutral rating in a research report on Tuesday, September 11th. Citigroup cut their target price on shares of General Motors from $60.00 to $57.00 and set a buy rating on the stock in a research report on Thursday, October 4th. Morgan Stanley lifted their target price on shares of General Motors from $43.00 to $44.00 and gave the stock an overweight rating in a research report on Tuesday, November 6th. ValuEngine upgraded shares of General Motors from a sell rating to a hold rating in a research report on Thursday, November 1st. Finally, Barclays set a $48.00 target price on shares of General Motors and gave the stock a buy rating in a research report on Friday, January 4th. One analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. General Motors currently has a consensus rating of Buy and an average target price of $44.91. Read more …

Scotiabank upgraded shares of Union Pacific (NYSE:UNP) from a sector perform rating to an outperform rating in a research report report published on Monday, The Fly reports. UNP has been the topic of a number of other reports. Deutsche Bank upgraded shares of Union Pacific from a hold rating to a buy rating and set a $175.00 target price on the stock in a research report on Tuesday, November 27th. Zacks Investment Research upgraded shares of Union Pacific from a hold rating to a buy rating and set a $176.00 price objective on the stock in a report on Wednesday, September 19th. UBS Group increased their price objective on shares of Union Pacific from $161.00 to $185.00 and gave the company a buy rating in a report on Thursday, September 20th. Bank of America lowered shares of Union Pacific from a buy rating to a neutral rating and set a $164.00 price objective on the stock. in a report on Thursday, October 18th. Finally, Loop Capital upgraded shares of Union Pacific from a hold rating to a buy rating in a report on Tuesday, September 18th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of $163.82. Read more…

Bank of America upgraded shares of Accenture (NYSE:ACN) from a neutral rating to a buy rating in a research report report published on Tuesday, MarketBeat reports. Bank of America currently has $143.07 price target on the information technology services provider’s stock. The analysts noted that the move was a valuation call. Several other analysts have also commented on ACN. Deutsche Bank raised their price objective on shares of Accenture from $170.00 to $180.00 and gave the stock a buy rating in a report on Thursday, September 20th. SunTrust Banks raised their price objective on shares of Accenture to $178.00 and gave the stock a hold rating in a report on Monday, October 1st. Zacks Investment Research upgraded shares of Accenture from a sell rating to a hold rating in a report on Tuesday, September 25th. Moffett Nathanson initiated coverage on shares of Accenture in a report on Thursday, October 4th. They issued a buy rating and a $200.00 price objective for the company. Finally, UBS Group set a $180.00 price objective on shares of Accenture and gave the stock a hold rating in a report on Wednesday, September 26th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $173.55. Read more …

Week's Most Significant Insider Trades: Week of November 5, 2018

Disposals:

American Express (NYSE:AXP) Chairman Stephen J. Squeri sold 12,500 shares of the stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $103.84, for a total value of $1,298,000.00. Following the sale, the chairman now owns 209,957 shares of the company’s stock, valued at approximately $21,801,934.88. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Shares of NYSE AXP traded up $1.50 during mid-day trading on Monday, reaching $105.21. The company had a trading volume of 2,697,676 shares, compared to its average volume of 3,579,099. American Express has a twelve month low of $87.54 and a twelve month high of $111.77. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.58. The company has a market capitalization of $88.60 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 1.40 and a beta of 1.06. Read more …

NextEra Energy Inc (NYSE:NEE) CEO Armando Pimentel, Jr. sold 4,920 shares of the company’s stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $170.11, for a total transaction of $836,941.20. Following the completion of the transaction, the chief executive officer now owns 59,969 shares in the company, valued at $10,201,326.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. NextEra Energy stock traded down $0.80 during midday trading on Thursday, hitting $172.74. 92,364 shares of the company’s stock were exchanged, compared to its average volume of 1,866,117. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.65 and a quick ratio of 0.57. NextEra Energy Inc has a 12 month low of $145.10 and a 12 month high of $176.82. The stock has a market cap of $81.95 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 2.64 and a beta of 0.13. Read more …

Becton Dickinson and Co (NYSE:BDX) Director Timothy M. Ring sold 42,000 shares of Becton Dickinson and stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $237.07, for a total value of $9,956,940.00. Following the sale, the director now directly owns 93,688 shares of the company’s stock, valued at $22,210,614.16. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Shares of BDX traded up $4.60 during midday trading on Thursday, hitting $241.46. The company’s stock had a trading volume of 259,633 shares, compared to its average volume of 1,330,895. Becton Dickinson and Co has a one year low of $209.91 and a one year high of $265.87. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.23. The firm has a market cap of $64.40 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 1.44 and a beta of 1.19. Read more …

Becton Dickinson and Co (NYSE:BDX) EVP James C. Lim sold 5,189 shares of the stock in a transaction on Thursday, November 8th. The shares were sold at an average price of $242.36, for a total value of $1,257,606.04. Following the completion of the sale, the executive vice president now owns 13,318 shares of the company’s stock, valued at $3,227,750.48. The sale was disclosed in a filing with the SEC, which is available at this link. Read more ...

Hasbro, Inc. (NASDAQ:HAS) EVP Wiebe Tinga sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $99.80, for a total transaction of $598,800.00. Following the completion of the transaction, the executive vice president now owns 44,559 shares of the company’s stock, valued at approximately $4,446,988.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. HAS traded down $2.09 during trading hours on Thursday, hitting $98.31. 74,720 shares of the company’s stock were exchanged, compared to its average volume of 1,871,147. Hasbro, Inc. has a 1-year low of $79.00 and a 1-year high of $109.60. The stock has a market capitalization of $12.50 billion, a price-to-earnings ratio of 18.04, a PEG ratio of 1.99 and a beta of 0.96. The company has a current ratio of 2.41, a quick ratio of 1.95 and a debt-to-equity ratio of 0.90. Read more …

Is Lockheed Martin Corporation a Buy?

The world's largest defense contractor delivered an impressive quarter. Are the results sustainable?

Investors had high hopes for Lockheed Martin (NYSE:LMT) heading into the company's third-quarter earnings report, and the aerospace giant delivered results that lived up to those expectations. The company reported earnings per share of $5.14, beating estimates by $0.87, on revenue that, at $14.32 billion, beat expectations by $1.23 billion.

There was a lot to like about the quarter, with all four Lockheed Martin segments delivering top-line growth of between 11% and 20%. The company generated $361 million in cash from operations in the quarter, even after making a $1.5 billion pension contribution, and ended the quarter with a backlog of more than $109 billion.

The company also updated its full-year guidance, saying it expects $5.8 billion in operating profits on sales of $53 billion. Both numbers are at the upper end of previous guidance. Lockheed Martin also expects to generate about $3.4 billion in cash in all of 2018.

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Analysis Collection

Notable Analyst Upgrades and Downgrades for Week of October 22, 2018

Upgrades:

Intel (NASDAQ:INTC) was upgraded by equities researchers at Nomura from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, Marketbeat.com reports. The firm presently has a $50.00 price target on the chip maker’s stock. Nomura’s target price would suggest a potential upside of 12.36% from the company’s previous close. Several other equities research analysts have also recently weighed in on INTC. Sanford C. Bernstein cut shares of Intel from a “market perform” rating to an “underperform” rating and lowered their price target for the stock from $54.00 to $42.00 in a research report on Tuesday, June 26th. Benchmark initiated coverage on shares of Intel in a research report on Tuesday, June 26th. They issued a “hold” rating for the company. ValuEngine cut shares of Intel from a “buy” rating to a “hold” rating in a research report on Tuesday, June 26th. Zacks Investment Research raised shares of Intel from a “hold” rating to a “buy” rating and set a $57.00 target price for the company in a research report on Wednesday, June 27th. Finally, Goldman Sachs Group reissued a “neutral” rating and set a $53.00 target price on shares of Intel in a research report on Wednesday, June 27th. Six equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and twenty-one have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $54.89. Read more …

Raymond James upgraded shares of Occidental Petroleum (NYSE:OXY) from an outperform rating to a strong-buy rating in a research report sent to investors on Monday, MarketBeat Ratings reports. The analysts noted that the move was a valuation call. Other analysts have also recently issued reports about the stock. Mizuho reaffirmed a buy rating on shares of Occidental Petroleum in a research note on Tuesday, July 24th. JPMorgan Chase & Co. decreased their price target on Occidental Petroleum from $94.00 to $90.00 and set a neutral rating on the stock in a research report on Friday, August 10th. Mitsubishi UFJ Financial Group decreased their price target on Occidental Petroleum to $92.00 and set a neutral rating on the stock in a research report on Tuesday, October 16th. Piper Jaffray Companies assumed coverage on Occidental Petroleum in a research report on Friday, September 28th. They set an overweight rating on the stock. Finally, National Alliance Securities upgraded Occidental Petroleum from a hold rating to a buy rating in a research report on Monday, August 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Occidental Petroleum has an average rating of Buy and an average target price of $84.06. Read more …

VF (NYSE:VFC) was upgraded by research analysts at Wedbush from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, The Fly reports. The analysts noted that the move was a valuation call. VFC has been the topic of several other research reports. Royal Bank of Canada reiterated a “buy” rating and issued a $105.00 price target on shares of VF in a research note on Thursday, July 26th. Bank of America upgraded VF from an “underperform” rating to a “buy” rating and set a $96.00 price target on the stock in a research note on Friday, July 13th. Goldman Sachs Group initiated coverage on VF in a research note on Monday, June 25th. They issued a “buy” rating and a $96.00 price target on the stock. Buckingham Research cut their price target on VF from $89.00 to $86.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 17th. Finally, JPMorgan Chase & Co. upgraded VF from a “neutral” rating to an “overweight” rating and set a $78.00 price target on the stock in a research note on Monday, July 16th. Eight analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $94.71. Read more …

Goldman Sachs Group upgraded shares of Lockheed Martin (NYSE:LMT) from a neutral rating to a conviction-buy rating in a report issued on Wednesday morning, Marketbeat reports. The brokerage currently has $394.00 target price on the aerospace company’s stock, up from their previous target price of $391.00. Other analysts have also recently issued research reports about the company. Berenberg Bank raised Lockheed Martin from a hold rating to a buy rating in a report on Thursday, July 26th. Bank of America raised their price target on Lockheed Martin from $400.00 to $412.00 and gave the company a buy rating in a report on Wednesday, July 25th. Stifel Nicolaus lowered their price target on Lockheed Martin from $400.00 to $370.00 and set a buy rating on the stock in a report on Wednesday, July 25th. Zacks Investment Research upgraded Lockheed Martin from a hold rating to a buy rating and set a $343.00 price objective on the stock in a research report on Wednesday, July 11th. Finally, UBS Group began coverage on Lockheed Martin in a research report on Wednesday, August 15th. They set a buy rating and a $400.00 price objective on the stock. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of $376.49. Read more …

Week's Most Significant Insider Trades: Jan 29 - Feb 2, 2018

Disposals:

Procter & Gamble Co (NYSE:PG) insider Deborah P. Majoras sold 4,591 shares of the business’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $87.48, for a total transaction of $401,620.68. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Read more …

Procter & Gamble Co (NYSE:PG) insider Kathleen B. Fish sold 10,192 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $86.97, for a total transaction of $886,398.24. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 

Procter & Gamble Co (PG) opened at $85.52 on Friday. The company has a market cap of $217,663.39 and a PE ratio of 22.95. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.41. Procter & Gamble Co has a fifty-two week low of $85.42 and a fifty-two week high of $94.67. Read more …

American Airlines Group Inc (NASDAQ:AAL) VP Derek J. Kerr sold 39,662 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $52.77, for a total transaction of $2,092,963.74. Following the completion of the sale, the vice president now owns 429,046 shares in the company, valued at $22,640,757.42. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. American Airlines Group Inc (AAL) opened at $53.88 on Friday. The stock has a market cap of $25,780.00, a PE ratio of 13.78, a price-to-earnings-growth ratio of 1.15 and a beta of 0.99. The company has a quick ratio of 0.52, a current ratio of 0.61 and a debt-to-equity ratio of 5.73. American Airlines Group Inc has a 1-year low of $39.21 and a 1-year high of $59.08. Read more …

Raytheon (NYSE:RTN) VP Frank R. Jimenez sold 3,405 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $210.93, for a total value of $718,216.65. Following the completion of the sale, the vice president now directly owns 25,342 shares in the company, valued at $5,345,388.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Read more …

Raytheon (NYSE:RTN) VP Michael J. Wood sold 1,974 shares of the stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $208.07, for a total transaction of $410,730.18. Following the transaction, the vice president now owns 17,467 shares in the company, valued at $3,634,358.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 

Shares of Raytheon (NYSE:RTN) opened at $208.94 on Thursday. Raytheon has a 52-week low of $143.23 and a 52-week high of $212.69. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.46 and a current ratio of 1.54. The company has a market cap of $60,400.00, a P/E ratio of 30.11, a P/E/G ratio of 2.04 and a beta of 0.58. Read more …

PPL Corp (NYSE:PPL) insider Vincent Sorgi sold 10,274 shares of the business’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $31.54, for a total value of $324,041.96. Following the transaction, the insider now owns 3,406 shares of the company’s stock, valued at $107,425.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. PPL Corp (PPL) traded up $0.45 on Wednesday, hitting $31.87. The stock had a trading volume of 6,988,243 shares, compared to its average volume of 7,220,000. PPL Corp has a 1 year low of $30.44 and a 1 year high of $40.20. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.56 and a quick ratio of 0.48. The stock has a market cap of $21,940.00, a PE ratio of 14.42, a P/E/G ratio of 1.94 and a beta of 0.48. Read more …