Notable Downgrades: RSP Permian (RSPP), Navistar Int’l (NAV), Las Vegas Sands (LVS), Nektar Therapeutics (NKTR), Plug Power (PLUG)

Analysts at ROTH Capital downgraded RSP Permian, Inc. (RSPP) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Wednesday.

The target price for RSPP is lowered from $31 to $29.35.

On valuation measures, RSP Permian Inc. stock it’s trading at a forward P/E multiple of 26.45x. The t-12-month revenue at RSP Permian Inc. is $238.85 million. RSPP ‘s ROE for the same period is (8.13%).

Shares of the $1.97 billion market cap company are down 3.25% year-over-year ; up 7.68% year-to-date.

RSP Permian Inc., currently with a median Wall Street price target of $31.00 and a high target of $36.00, dropped $1.62 to $25.45 in recent trading.

The chart below shows where the equity has traded over the past 52-weeks.

Navistar International Corporation (NAV) was downgraded from ‘Equal-Weight‘ to ‘Underweight‘ at Morgan Stanley (MS).

Shares have traded today between $28.07 and $29.58 with the price of the stock fluctuating between $27.50 to $40.17 over the last 52 weeks.

Navistar International Corp. shares currently have a t-12 price/sales ratio of 0.23. EPS for the same period registers at ($5.07).

Shares of NAV have lost $1.46 to $29.08 in mid-day trading on Wednesday, giving it a market cap of roughly $2.37 billion. The stock traded as high as $40.17 in Sept. 9, 2014.

Credit Agricole reported on Wednesday that they have lowered their rating for Las Vegas Sands Corp. (LVS). The firm has downgraded LVS from ‘Buy‘ to ‘Outperform‘.

Las Vegas Sands Corp. recently traded at $54.05, a gain of $0.71 over Tuesday’s closing price. The name has a current market capitalization of $43.12 billion.

As for passive income investors, the company pays shareholders $2.60 per share annually in dividends, yielding 5.00%.

Nektar Therapeutics (NKTR) was reiterated a ‘Buy’ by Jefferies analysts on Wednesday. The broker also cut its price target on the stock to $14 from $17 implying 17.60% expected downside.

NKTR shares recently lost $1.81 to $12.32. In the past 52 weeks, shares of San Francisco, California-based biopharmaceutical company have traded between a low of $10.10 and a high of $17.53. Shares are up 7.29% year-over-year ; down 8.84% year-to-date.

Plug Power Inc. (PLUG) rating of ‘Neutral’ was reiterated today at ROTH Capital with a price target decrease of $2.60 from $4 (versus a $2.61 previous close).

PLUG shares recently lost 0.02 to $2.59. The stock is down more than 59.91% year-over-year and has lost roughly 13.00% year-to-date. In the past 52 weeks, shares of the Charlotte, North Carolina-company have traded between a low of $2.42 and a high of $8.48. The name has a total market cap of $447.84 million.

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