Analysts at Deutsche Bank (DB) are out with a report this morning upgrading shares of Supervalu Inc. (SVU) with a ‘Buy‘ from ‘Hold‘ rating. The firm raised its price target for the company to $13 from $8.50.
Supervalu Inc. shares are currently priced at 15.45x this year’s forecasted earnings, which makes them quite inexpensive compared to the industry’s 15.89x earnings multiple. Ticker has a forward P/E of 14.38 and t-12 price-to-sales ratio of 0.15. EPS for the same period is $0.68.
In the past 52 weeks, shares of wholesale distributor have traded between a low of $6.39 and a high of $10.72 and are now at $10.55. Shares are up 54.16% year-over-year and 5.05% year-to-date.
Analysts at Standpoint Research upgraded their rating on the shares of Symantec Corporation (SYMC). In a research note published on Tuesday, the firm lifted the name with a ‘Buy‘ from ‘Hold‘ rating.
On valuation measures, Symantec Corp. shares are currently priced at 18.18x this year’s forecasted earnings compared to the industry’s 10.28x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.78 and 12.40, respectively. Price/Sales for the same period is 2.52 while EPS is $1.33. Currently there are 5 analysts that rate SYMC a ‘Buy’, 23 rate it a ‘Hold’. 2 analysts rate it a ‘Sell’. SYMC has a median Wall Street price target of $25.00 with a high target of $30.00.
Newmont Mining Corporation (NEM) was raised to ‘Hold‘ from ‘Underperform‘ at Jefferies on Tuesday.
NEM is down $0.42 at $21.98 on heavy volume. Midway through trading Tuesday, 6.43 million shares of Newmont Mining Corp. have exchanged hands as compared to its average daily volume of 7.87 million shares. The stock ranged in a price between $21.80-$22.93 after having opened the day at $22.30 as compared to the previous trading day’s close of $22.40.
In the past 52 weeks, shares of the producer of gold, copper, and silver deposits have traded between a low of $17.60 and a high of $27.40. Shares are down 8.00% year-over-year ; up 18.62% year-to-date.
HSBC Holdings plc (HSBC) was upgraded to ‘Buy‘ from ‘Neutral‘ by Goldman (GS) analysts on Tuesday.
HSBC is currently printing a normal trading volume with the issue trading 1.63 million shares, compared to the average volume of 2.00 million. The stock began trading this morning at $42.85 to currently trade 1.42% lower from the prior days close of $42.95. On an intraday basis it has gotten as low as $42.27 and as high as $42.86.
HSBC Holdings PLC shares are priced at 12.27x this year’s forecasted earnings, compared to the industry’s 18.60x earnings multiple. The company’s current year and next year EPS growth estimates stand at (75.9%) and 68.70% compared to the industry growth rates of 15.20% and 11.60%, respectively. HSBC has a t-12 price-to-sales ratio of 2.87. EPS for the same period registers at $3.45.
HSBC shares have declined 6.67% in the last 4 weeks and 11.04% in the past three months. Over the past 5 trading sessions the stock has lost 2.10%.
The London-based bank, which is currently valued at $162.01 billion, has a median Wall Street price target of $50.61 with a high target of $60.49. HSBC Holdings is down 11.84% year-over-year, compared with a 11.34% gain in the S&P 500.
Hewlett-Packard Company (HPQ) had its rating hiked to ‘Buy‘ from ‘Neutral‘ by UBS today. The firm currently has a $40 price target on the stock, up from their previous price target of $37.25.
HPQ shares recently lost $0.39 to $32.56. The stock is up 11.09% year-over-year and has lost roughly 17.50% year-to-date. In the past 52 weeks, shares of Palo Alto, California-based company have traded between a low of $28.75 and a high of $41.10.
Hewlett-Packard Co. closed Monday at $32.95. The name has a total market cap of $59.68 billion.
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