Notable Analyst Upgrades and Downgrades for Week of March 21 2022

 

Upgrades:

 

Air Products and Chemicals (NYSE:APD) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a note issued to investors on Monday, The Fly reports. The firm presently has a $275.00 price target on the basic materials company's stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 18.70% from the company's previous close.

A number of other equities research analysts also recently commented on APD. Wolfe Research downgraded shares of Air Products and Chemicals from an "outperform" rating to a "peer perform" rating and cut their target price for the stock from $332.00 to $331.00 in a research report on Thursday, December 9th. Vertical Research upgraded shares of Air Products and Chemicals from a "hold" rating to a "buy" rating and set a $335.00 price target on the stock in a research note on Tuesday, January 4th. Mizuho dropped their price target on shares of Air Products and Chemicals from $313.00 to $312.00 and set a "buy" rating on the stock in a research note on Monday, February 7th. BMO Capital Markets cut shares of Air Products and Chemicals from an "outperform" rating to a "market perform" rating and dropped their price target for the stock from $383.00 to $280.00 in a research note on Tuesday, February 8th. Finally, Cowen dropped their price target on shares of Air Products and Chemicals from $365.00 to $345.00 in a research note on Monday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, Air Products and Chemicals currently has a consensus rating of "Buy" and a consensus price target of $313.82. Read more …

 

Ecolab (NYSE:ECL) was upgraded by research analysts at Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday, Briefing.com reports. The brokerage currently has a $196.00 price objective on the basic materials company’s stock, down from their prior price objective of $210.00. Bank of America‘s price target points to a potential upside of 14.81% from the stock’s previous close.

ECL has been the subject of several other research reports. Citigroup reduced their price target on shares of Ecolab from $220.00 to $205.00 and set a “neutral” rating for the company in a report on Wednesday, February 16th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ecolab from $230.00 to $210.00 in a report on Thursday, February 17th. Evercore ISI assumed coverage on shares of Ecolab in a report on Thursday, December 2nd. They issued a $235.00 price target for the company. Royal Bank of Canada lowered shares of Ecolab from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $245.00 to $225.00 in a research note on Friday, January 21st. Finally, Morgan Stanley reduced their price objective on shares of Ecolab from $240.00 to $200.00 and set an “equal weight” rating for the company in a research note on Thursday, February 17th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $210.14. Read more …

 

Altria Group (NYSE:MO) was upgraded by equities researchers at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a research note issued on Tuesday, The Fly reports.

MO has been the topic of a number of other research reports. Bank of America cut Altria Group from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $56.00 to $50.00 in a research note on Wednesday, January 5th. Morgan Stanley lifted their price target on Altria Group from $47.00 to $51.00 and gave the stock an "equal weight" rating in a research note on Wednesday, January 26th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $53.14.

MO stock opened at $52.25 on Tuesday. Altria Group has a 1 year low of $42.53 and a 1 year high of $53.83. The stock's fifty day moving average is $50.94 and its two-hundred day moving average is $48.22. The company has a debt-to-equity ratio of 8.67, a quick ratio of 0.57 and a current ratio of 0.71. The stock has a market capitalization of $94.95 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 2.67 and a beta of 0.59. Read more …

 

 

Procter & Gamble (NYSE:PG) was upgraded by investment analysts at Truist Financial from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, The Fly reports. The brokerage presently has a $175.00 price objective on the stock, up from their previous price objective of $165.00. Truist Financial’s price target would indicate a potential upside of 16.11% from the stock’s previous close.

A number of other research analysts have also issued reports on PG. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Procter & Gamble from $179.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, March 16th. Morgan Stanley raised their price objective on shares of Procter & Gamble from $161.00 to $177.00 and gave the company an “overweight” rating in a report on Thursday, January 20th. Royal Bank of Canada raised their price objective on shares of Procter & Gamble from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Thursday, January 20th. Finally, StockNews.com upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Tuesday, February 15th. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $156.33. Read more …

 

Sherwin-Williams (NYSE:SHW) was upgraded by Bank of America from a "neutral" rating to a "buy" rating in a note issued to investors on Tuesday, The Fly reports.

A number of other brokerages also recently weighed in on SHW. Jefferies Financial Group cut their price target on shares of Sherwin-Williams from $320.00 to $275.00 and set a "hold" rating on the stock in a research report on Wednesday, March 9th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Sherwin-Williams from $350.00 to $330.00 and set a "buy" rating on the stock in a report on Friday, January 28th. TheStreet downgraded shares of Sherwin-Williams from a "b" rating to a "c+" rating in a report on Monday, February 28th. Barclays lowered their price objective on shares of Sherwin-Williams from $355.00 to $345.00 in a report on Tuesday, January 18th. Finally, Morgan Stanley lifted their price objective on shares of Sherwin-Williams from $345.00 to $375.00 and gave the company an "overweight" rating in a report on Tuesday, January 11th. Nine equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $330.85. Read more …

 

ABB (NYSE:ABB) was upgraded by equities research analysts at Oddo Bhf from an "underperform" rating to a "neutral" rating in a note issued to investors on Wednesday, The Fly reports.

Several other equities research analysts have also recently issued reports on the company. Royal Bank of Canada upgraded ABB from a "sector perform" rating to an "outperform" rating in a report on Wednesday, January 19th. HSBC cut ABB from a "buy" rating to a "hold" rating in a report on Tuesday, March 1st. StockNews.com upgraded ABB from a "buy" rating to a "strong-buy" rating in a report on Monday, February 28th. Kepler Capital Markets reiterated a "buy" rating on shares of ABB in a report on Tuesday, December 21st. Finally, Zacks Investment Research upgraded ABB from a "sell" rating to a "hold" rating and set a $37.00 target price on the stock in a report on Tuesday, February 8th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $36.12.

Shares of NYSE:ABB opened at $35.31 on Wednesday. The business's fifty day moving average price is $34.56 and its two-hundred day moving average price is $35.16. The stock has a market cap of $72.50 billion, a PE ratio of 15.56, a price-to-earnings-growth ratio of 3.80 and a beta of 1.06. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.89 and a current ratio of 1.20. ABB has a one year low of $30.07 and a one year high of $39.11. Read more …

 

 

 

Downgrades:

 

Keurig Dr Pepper (NASDAQ:KDP) was downgraded by equities research analysts at Truist Financial from a “buy” rating to a “hold” rating in a report issued on Tuesday, The Fly reports. They currently have a $40.00 price objective on the stock. Truist Financial’s price target indicates a potential upside of 5.88% from the company’s current price.

Shares of NASDAQ:KDP opened at $37.78 on Tuesday. The company has a market cap of $53.58 billion, a P/E ratio of 25.19, a PEG ratio of 3.47 and a beta of 0.67. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.47 and a quick ratio of 0.33. Keurig Dr Pepper has a 1 year low of $32.44 and a 1 year high of $39.35. The stock’s fifty day moving average price is $38.08 and its 200-day moving average price is $36.28.

Keurig Dr Pepper (NASDAQ:KDP) last posted its quarterly earnings data on Thursday, February 24th. The company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. The company had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.30 billion. Keurig Dr Pepper had a return on equity of 9.35% and a net margin of 16.92%. Keurig Dr Pepper’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. On average, sell-side analysts anticipate that Keurig Dr Pepper will post 1.69 earnings per share for the current year. Read more …

 

Philip Morris International (NYSE:PM) was downgraded by analysts at The Goldman Sachs Group from a "buy" rating to a "neutral" rating in a research note issued to investors on Tuesday, The Fly reports.

Other equities research analysts have also recently issued reports about the stock. Barclays dropped their price target on shares of Philip Morris International from $125.00 to $120.00 in a research report on Friday, February 25th. JPMorgan Chase & Co. cut shares of Philip Morris International from an "overweight" rating to a "neutral" rating and dropped their price target for the company from $130.00 to $110.00 in a research report on Monday, March 7th. Morgan Stanley lifted their price objective on shares of Philip Morris International from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Wednesday, January 26th. UBS Group lifted their price objective on shares of Philip Morris International from $95.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, February 17th. Finally, StockNews.com cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Tuesday, March 15th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $112.57. Read more …

 

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) was downgraded by equities research analysts at Industrial Alliance Securities from a "buy" rating to a "hold" rating in a research note issued to investors on Friday, The Fly reports.

A number of other analysts also recently weighed in on the company. Zacks Investment Research downgraded Brookfield Renewable Partners from a "hold" rating to a "strong sell" rating in a report on Wednesday, February 9th. TD Securities upgraded Brookfield Renewable Partners from a "hold" rating to a "buy" rating and decreased their price objective for the company from $44.00 to $41.00 in a report on Thursday, December 16th. Raymond James reiterated an "outperform" rating and set a $42.00 price target on shares of Brookfield Renewable Partners in a report on Monday, February 7th. National Bankshares upgraded Brookfield Renewable Partners from a "sector perform" rating to an "outperform" rating and set a $38.00 price target for the company in a report on Wednesday, January 19th. Finally, Scotiabank upgraded Brookfield Renewable Partners from a "sector perform" rating to a "sector outperform" rating in a report on Friday, January 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $41.88. Read more …

 

 

Prudential Financial (NYSE:PRU) was downgraded by Credit Suisse Group from an "outperform" rating to a "neutral" rating in a report issued on Friday, Briefing.com reports. They presently have a $121.00 price objective on the financial services provider's stock, down from their prior price objective of $131.00. Credit Suisse Group's price target would indicate a potential upside of 1.54% from the company's previous close.

A number of other research analysts have also recently commented on the company. Jefferies Financial Group started coverage on Prudential Financial in a research note on Tuesday, January 25th. They set an "underperform" rating and a $93.00 target price on the stock. JPMorgan Chase & Co. upped their target price on Prudential Financial from $112.00 to $114.00 in a research note on Tuesday, January 4th. The Goldman Sachs Group began coverage on Prudential Financial in a research note on Thursday, December 2nd. They set a "neutral" rating and a $115.00 target price on the stock. Wolfe Research began coverage on Prudential Financial in a research note on Friday, January 21st. They issued a "market perform" rating and a $131.00 price objective on the stock. Finally, Barclays increased their price objective on Prudential Financial from $114.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 11th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $110.71. Read more …

 

Dividend Increases Week 5 (Part 2)

 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 28 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period. This is the second part of the weeks notifications.

 

The table below summarises the dividend change announcements.  The table shows the current dividend, the new dividend and the percentage increase (%). Dividends are shown on an annual basis and in US dollars unless otherwise stated. Yield is the new dividend yield of the most recent price, and Years is the years of consecutive dividend increases.

 

 

 

 

 

Intercontinental Exchange, Inc. (ICE)

Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, the European Union, Singapore, Israel, and Canada. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

On February 3, ICE declared a quarterly dividend of $0.38 per share.

This is a 15.2% increase from prior dividend of $0.33. 

Payable March 31 for shareholders of record March 17, ex-div March 16.

 

CME Group Inc. (CME)

CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income products through its electronic trading platforms, open outcry, and privately negotiated transactions. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.

On February 3, CME declared a quarterly dividend of $1.00 per share.

This is a 11.1% increase from prior dividend of $0.90. 

Payable March 25 for shareholders of record March 10, ex-div March 9.

 

Xylem Inc. (XYL)

Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. Xylem Inc. is headquartered in Rye Brook, New York.

On February 3, XYL declared a quarterly dividend of $0.30 per share.

This is a 7.1% increase from prior dividend of $0.28. 

Payable March 17 for shareholders of record February 17, ex-div February 16.

 

Air Products and Chemicals, Inc. (APD)

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.

On February 3, APD declared a quarterly dividend of $1.62 per share.

This is an 8.0% increase from prior dividend of $1.50. 

Payable May 9 for shareholders of record April 1, ex-div March 31.

 

Microchip Technology Incorporated (MCHP)

Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications in the Americas, Europe, and Asia. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.

On February 3, MCHP declared a quarterly dividend of $0.253 per share.

This is a 9.1% increase from prior dividend of $0.232. 

Payable March 8 for shareholders of record February 22, ex-div February 18.

 

 

Prudential Financial, Inc. (PRU)

Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

On February 3, PRU declared a quarterly dividend of $1.20 per share.

This is a 4.3% increase from prior dividend of $1.15. 

Payable March 11 for shareholders of record February 15, ex-div February 14.

 

Southside Bancshares, Inc. (SBSI)

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

On February 3, SBSI declared a quarterly dividend of $0.34 per share.

This is a 3.0% increase from prior dividend of $0.33. 

Payable March 3 for shareholders of record February 17, ex-div February 16.

 

Avista Corporation (AVA)

Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

On February 3, AVA declared a quarterly dividend of $0.44 per share.

This is a 4.1% increase from prior dividend of $0.4225. 

Payable March 15 for shareholders of record February 18 ex-div February 17.

 

Brookfield Renewable Partners L.P. (BEP)

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration, and biomass sources. Brookfield Renewable Partners L.P. was founded in 1999 and is based in Toronto, Canada.

On February 4, BEP declared a quarterly dividend of $0.32 per share.

This is a 5.3% increase from prior dividend of $0.3038. 

Payable March 31 for shareholders of record February 28, ex-div February 25.

 

Commerce Bancshares, Inc. (CBSH)

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The company was founded in 1865 and is headquartered in Kansas City, Missouri.

On February 4, CBSH declared a quarterly dividend of $0.265 per share.

This is a 1.0% increase from prior dividend of $0.2625. 

Payable March 23 for shareholders of record March 8, ex-div February 7.

 

 

Otter Tail Corporation (OTTR)

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. The company’s Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc. markets. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.

On February 4, OTTR declared a quarterly dividend of $0.4125 per share.

This is a 5.8% increase from prior dividend of $0.39. 

Payable March 10 for shareholders of record February 15, ex-div February 14.

 

RenaissanceRe Holdings Ltd. (RNR)

RenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.

On February 4, RNR declared a quarterly dividend of $0.37 per share.

This is a 2.8% increase from prior dividend of $0.36. 

Payable March 31 for shareholders of record March 15, ex-div March 14.

 

Allegion plc (ALLE)

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.

On February 4, ALLE declared a quarterly dividend of $0.41 per share.

This is a 13.9% increase from prior dividend of $0.36. 

Payable March 31 for shareholders of record March 16, ex-div March 14.

 

Notable Analyst Upgrades and Downgrades for Week of January 3 2022 (Part 2)

 

Upgrades:

 

Kimco Realty (NYSE:KIM) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating in a research report issued on Wednesday, Analyst Ratings Network reports. The brokerage currently has a $27.00 target price on the real estate investment trust's stock. Argus' price objective indicates a potential upside of 7.02% from the stock's previous close.

KIM has been the topic of a number of other research reports. Evercore ISI upgraded Kimco Realty from an "in-line" rating to an "outperform" rating and lifted their target price for the company from $24.00 to $26.00 in a research report on Monday, November 22nd. Wolfe Research initiated coverage on Kimco Realty in a research report on Thursday, September 23rd. They issued a "market perform" rating and a $24.00 target price on the stock. Citigroup lifted their target price on Kimco Realty from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Thursday, December 2nd. Truist lifted their target price on Kimco Realty from $25.00 to $27.00 and gave the company a "buy" rating in a research report on Friday, December 10th. Finally, Deutsche Bank Aktiengesellschaft downgraded Kimco Realty from a "buy" rating to a "hold" rating and boosted their price objective for the company from $24.00 to $26.00 in a report on Monday. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $25.60. Read more …

 

MetLife (NYSE:MET) was upgraded by Evercore ISI from an "in-line" rating to an "outperform" rating in a report issued on Wednesday, Price Targets.com reports. The brokerage presently has a $75.00 price objective on the financial services provider's stock, up from their previous price objective of $67.00. Evercore ISI's price objective suggests a potential upside of 15.49% from the company's current price.

Several other research analysts also recently weighed in on MET. The Goldman Sachs Group assumed coverage on shares of MetLife in a research report on Thursday, December 2nd. They issued a "buy" rating and a $77.00 target price on the stock. Wells Fargo & Company dropped their target price on shares of MetLife from $75.00 to $74.00 and set an "overweight" rating on the stock in a research report on Tuesday. Barclays boosted their price objective on shares of MetLife from $69.00 to $72.00 and gave the company an "overweight" rating in a research report on Tuesday, October 12th. Finally, Morgan Stanley boosted their price objective on shares of MetLife from $74.00 to $75.00 and gave the company an "overweight" rating in a research report on Thursday, October 14th. Thirteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat, MetLife has an average rating of "Buy" and an average price target of $69.29. Read more …

 

Pfizer (NYSE:PFE) was upgraded by Bank of America from a "neutral" rating to a "buy" rating in a report released on Wednesday, The Fly reports.

Several other research firms have also weighed in on PFE. Sanford C. Bernstein raised their price objective on shares of Pfizer from $44.00 to $65.00 and gave the company a "market perform" rating in a research report on Monday. UBS Group upgraded shares of Pfizer from a "neutral" rating to a "buy" rating and raised their target price for the stock from $52.00 to $60.00 in a report on Monday, December 13th. Truist raised their target price on shares of Pfizer from $43.00 to $58.00 and gave the stock a "buy" rating in a report on Wednesday, November 24th. JPMorgan Chase & Co. set a $53.00 target price on shares of Pfizer in a report on Monday, December 13th. Finally, Barclays set a $54.00 target price on shares of Pfizer in a report on Tuesday. Nine analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $56.15. Read more …

 

 

Suncor Energy (NYSE:SU) (TSE:SU) was upgraded by equities research analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a report released on Wednesday, The Fly reports.

A number of other analysts have also recently commented on SU. Credit Suisse Group upped their price objective on shares of Suncor Energy from C$36.00 to C$42.00 and gave the company an "outperform" rating in a research report on Tuesday, November 2nd. BMO Capital Markets upped their price objective on shares of Suncor Energy from C$39.00 to C$43.00 and gave the company an "outperform" rating in a research report on Friday, October 29th. TD Securities increased their target price on Suncor Energy from C$39.00 to C$40.00 and gave the stock a "buy" rating in a report on Thursday, October 28th. Scotiabank increased their target price on Suncor Energy from C$33.00 to C$37.00 and gave the stock an "outperform" rating in a report on Friday, November 19th. Finally, JPMorgan Chase & Co. upgraded Suncor Energy from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $29.00 to $39.00 in a report on Thursday, October 28th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $37.86. Read more …

Notable Analyst Upgrades and Downgrades for Week of March 1, 2021

 

Upgrades:

 

Morgan Stanley (NYSE:MS) was upgraded by equities research analysts at Daiwa Capital Markets from a "neutral" rating to an "outperform" rating in a report released on Tuesday, Briefing.com reports. The brokerage presently has a $86.00 price target on the financial services provider's stock. Daiwa Capital Markets' target price points to a potential upside of 8.64% from the stock's current price.

A number of other brokerages also recently commented on MS. Barclays boosted their price objective on shares of Morgan Stanley from $88.00 to $95.00 and gave the company an "overweight" rating in a research report on Thursday, January 21st. Credit Suisse Group boosted their target price on shares of Morgan Stanley from $74.00 to $84.00 and gave the stock an "outperform" rating in a research report on Monday, January 25th. Piper Sandler upped their price objective on shares of Morgan Stanley from $54.00 to $76.00 and gave the stock a "neutral" rating in a report on Monday, January 11th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Morgan Stanley from $53.00 to $68.00 and gave the stock a "hold" rating in a report on Wednesday, January 6th. Finally, DA Davidson upped their price objective on shares of Morgan Stanley from $80.00 to $90.00 and gave the stock a "buy" rating in a report on Thursday, January 21st. Seven equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of "Buy" and a consensus target price of $66.73. Read more …

 

Nestlé (OTCMKTS:NSRGY) was upgraded by analysts at AlphaValue to a “buy” rating in a research note issued on Tuesday, The Fly reports.

A number of other analysts have also commented on NSRGY. Royal Bank of Canada raised Nestlé from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, January 13th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Nestlé in a research note on Wednesday, December 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Nestlé in a research note on Friday, February 19th. Zacks Investment Research raised Nestlé from a “hold” rating to a “buy” rating and set a $127.00 price target on the stock in a research note on Friday, February 5th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Nestlé in a research note on Thursday, December 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $127.00. Read more …

 

Bank of Montreal (NYSE:BMO) (TSE:BMO) was upgraded by stock analysts at Bank of America from a “neutral” rating to a “buy” rating in a report released on Tuesday, Briefing.com reports.

A number of other research analysts also recently commented on BMO. Canaccord Genuity reiterated a “buy” rating and set a $112.50 target price (up from $106.50) on shares of Bank of Montreal in a research report on Wednesday, February 24th. Barclays increased their target price on Bank of Montreal from $88.00 to $96.00 and gave the company an “underweight” rating in a research report on Tuesday, February 16th. CIBC upgraded Bank of Montreal to an “outperformer” rating and increased their target price for the company from $95.00 to $108.00 in a research report on Thursday, November 19th. Credit Suisse Group upgraded Bank of Montreal from a “neutral” rating to an “outperform” rating and increased their target price for the company from $97.00 to $108.00 in a research report on Wednesday, February 24th. Finally, Zacks Investment Research upgraded Bank of Montreal from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a research report on Wednesday, February 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $93.39. Read more …

 

 

The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) was upgraded by analysts at CIBC from a "neutral" rating to an "outperform" rating in a report issued on Tuesday, Analyst Price Targets reports. The brokerage currently has a $86.00 price target on the bank's stock, up from their previous price target of $83.00. CIBC's price objective indicates a potential upside of 41.49% from the company's current price.

A number of other analysts have also weighed in on BNS. Barclays raised their price target on shares of The Bank of Nova Scotia from $60.00 to $69.00 and gave the company an "underweight" rating in a report on Tuesday, February 16th. BMO Capital Markets lifted their target price on shares of The Bank of Nova Scotia from $75.00 to $80.00 and gave the stock an "outperform" rating in a report on Wednesday, February 24th. TD Securities lifted their target price on shares of The Bank of Nova Scotia from $79.00 to $83.00 and gave the stock a "buy" rating in a report on Wednesday, February 24th. Royal Bank of Canada lifted their target price on shares of The Bank of Nova Scotia from $77.00 to $84.00 and gave the stock an "outperform" rating in a report on Wednesday, February 24th. Finally, Desjardins lifted their target price on shares of The Bank of Nova Scotia from $72.00 to $79.00 and gave the stock a "buy" rating in a report on Thursday, February 25th. Two research analysts have rated the stock with a sell rating and ten have assigned a buy rating to the stock. The company currently has an average rating of "Buy" and a consensus target price of $72.75. Read more …

Notable Analyst Upgrades and Downgrades for Week of December 7, 2020

 

Upgrades:

 

AstraZeneca (NYSE:AZN) was upgraded by research analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating in a research note issued on Monday, Briefing.com reports.

Several other brokerages also recently commented on AZN. HSBC upgraded shares of AstraZeneca from a "reduce" rating to a "hold" rating in a report on Wednesday, November 11th. Oddo Bhf upgraded AstraZeneca from a "reduce" rating to a "buy" rating in a research note on Wednesday, September 23rd. Berenberg Bank initiated coverage on AstraZeneca in a report on Tuesday, September 29th. They issued a "buy" rating on the stock. Finally, UBS Group upgraded AstraZeneca from a "sell" rating to a "neutral" rating in a report on Monday, November 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of "Buy" and an average price target of $61.00.

AZN stock opened at $53.74 on Monday. The company has a 50 day moving average of $53.58 and a two-hundred day moving average of $54.49. The company has a market cap of $141.05 billion, a price-to-earnings ratio of 64.75, a PEG ratio of 1.63 and a beta of 0.50. AstraZeneca has a 12-month low of $36.15 and a 12-month high of $64.94. The company has a quick ratio of 0.63, a current ratio of 0.82 and a debt-to-equity ratio of 1.14. Read more …

 

Vodafone Group (NASDAQ:VOD) was upgraded by Redburn Partners from a “neutral” rating to a “buy” rating in a research note issued on Monday, The Fly reports.

VOD has been the topic of a number of other research reports. Zacks Investment Research upgraded Vodafone Group from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Friday, November 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Vodafone Group in a report on Wednesday, October 7th. UBS Group reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Wednesday, November 11th. Finally, BidaskClub lowered Vodafone Group from a “sell” rating to a “strong sell” rating in a research note on Saturday, November 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $17.00. Read more …

 

The Unilever Group (NYSE:UN) was upgraded by investment analysts at Investec from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

UN has been the topic of a number of other research reports. Zacks Investment Research lowered shares of The Unilever Group from a “buy” rating to a “hold” rating in a report on Friday, November 6th. Credit Suisse Group reissued an “outperform” rating on shares of The Unilever Group in a research note on Monday, August 17th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell initiated coverage on The Unilever Group in a research report on Thursday, November 12th. They issued a “buy” rating for the company. Smith Barney Citigroup assumed coverage on The Unilever Group in a research report on Thursday, November 12th. They set a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft started coverage on The Unilever Group in a research report on Monday, October 19th. They set a “buy” rating for the company. Four analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $59.50. Read more …

 

 

Chubb (NYSE:CB) was upgraded by investment analysts at Smith Barney Citigroup from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Tuesday, The Fly reports. The firm presently has a $176.00 price objective on the financial services provider's stock, up from their previous price objective of $138.00. Smith Barney Citigroup's price objective points to a potential upside of 15.04% from the stock's previous close.

Other equities analysts have also recently issued reports about the company. Raymond James upgraded Chubb from an "outperform" rating to a "strong-buy" rating and increased their price target for the stock from $150.00 to $180.00 in a report on Tuesday, November 24th. Bank of America upgraded Chubb from an "underperform" rating to a "neutral" rating and increased their price target for the stock from $123.00 to $132.00 in a report on Thursday, October 29th. They noted that the move was a valuation call. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised Chubb from a "neutral" rating to a "buy" rating and upped their target price for the stock from $138.00 to $176.00 in a research report on Tuesday. Morgan Stanley upped their target price on Chubb from $137.00 to $149.00 and gave the stock an "equal weight" rating in a research report on Tuesday, November 24th. Finally, MKM Partners upped their target price on Chubb from $150.00 to $180.00 in a research report on Friday, November 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Chubb presently has an average rating of "Buy" and a consensus target price of $153.95. Read more …