Analysts at Stifel Nicolaus Kept the Same their Hold rating for Eastgroup Properties (EGP) with $78.0000 Price Target; Chemring Group plc (LON:CHG) Had 4 Bullish Analysts

July 17, 2017 - By Clifton Ray

Among 7 analysts covering Chemring Group PLC (LON:CHG), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Chemring Group PLC had 64 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Neutral” rating by J.P. Morgan on Thursday, January 21. The company was maintained on Monday, March 20 by JP Morgan. The rating was upgraded by Liberum Capital on Thursday, October 13 to “Buy”. The rating was maintained by JP Morgan with “Neutral” on Wednesday, June 22. The rating was maintained by Barclays Capital on Thursday, November 26 with “Underweight”. The stock of Chemring Group plc (LON:CHG) has “Buy” rating given on Monday, January 30 by Canaccord Genuity. JP Morgan maintained the shares of CHG in report on Monday, September 14 with “Neutral” rating. Barclays Capital maintained it with “Underweight” rating and GBX 205 target in Tuesday, January 5 report. On Wednesday, November 25 the stock rating was maintained by Liberum Capital with “Hold”. On Thursday, January 5 the stock rating was maintained by JP Morgan with “Neutral”. See Chemring Group plc (LON:CHG) latest ratings:

05/07/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 200.00 New Target: GBX 205.00 Maintain
23/06/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 185.00 New Target: GBX 200.00 Reiteration
22/06/2017 Broker: Panmure Gordon Rating: Buy Old Target: GBX 190.00 New Target: GBX 216.00 Maintain
22/06/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 210.00 New Target: GBX 210.00 Maintain
22/05/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 210.00 New Target: GBX 210.00 Maintain
21/04/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 185.00 New Target: GBX 185.00 Maintain
07/04/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 210.00 New Target: GBX 210.00 Maintain
20/03/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 170.00 New Target: GBX 185.00 Maintain
17/03/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 192.00 New Target: GBX 210.00 Maintain
13/02/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 192.00 New Target: GBX 192.00 Maintain

Among 12 analysts covering Eastgroup Properties Inc. (NYSE:EGP), 1 have Buy rating, 0 Sell and 11 Hold. Therefore 8% are positive. Eastgroup Properties Inc. has $83 highest and $47 lowest target. $68.71’s average target is -16.44% below currents $82.23 stock price. Eastgroup Properties Inc. had 16 analyst reports since August 20, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Thursday, August 20. The stock of Eastgroup Properties Inc (NYSE:EGP) earned “Neutral” rating by Citigroup on Tuesday, December 13. The firm has “Buy” rating by Mizuho given on Wednesday, September 28. The firm has “Buy” rating given on Friday, August 21 by Zacks. The rating was maintained by Stifel Nicolaus on Friday, July 14 with “Hold”. The stock of Eastgroup Properties Inc (NYSE:EGP) earned “Hold” rating by Stifel Nicolaus on Friday, July 22. The stock of Eastgroup Properties Inc (NYSE:EGP) has “Market Perform” rating given on Monday, January 9 by Raymond James. The stock of Eastgroup Properties Inc (NYSE:EGP) has “Hold” rating given on Friday, July 22 by Sandler O’Neill. As per Friday, July 15, the company rating was upgraded by KeyBanc Capital Markets. As per Tuesday, September 8, the company rating was maintained by Evercore.

Since March 14, 2017, it had 0 insider purchases, and 4 sales for $651,390 activity. 1,048 shares were sold by EAVES HAYDEN C III, worth $73,706. COLEMAN JOHN F also sold $402,819 worth of Eastgroup Properties Inc (NYSE:EGP) shares. Another trade for 1,259 shares valued at $105,756 was made by HOSTER DAVID H II on Friday, June 9. The insider BAILEY H C JR sold $69,109.

Investors sentiment decreased to 1.23 in Q4 2016. Its down 0.27, from 1.5 in 2016Q3. It is negative, as 18 investors sold Eastgroup Properties Inc shares while 63 reduced holdings. 27 funds opened positions while 73 raised stakes. 29.28 million shares or 4.50% less from 30.66 million shares in 2016Q3 were reported. Stevens Cap Mgmt L P has 0.01% invested in Eastgroup Properties Inc (NYSE:EGP). Daiwa Securities Gru, a Japan-based fund reported 1,900 shares. Nomura Asset Mgmt Commerce Ltd accumulated 21,300 shares or 0.03% of the stock. Pennsylvania-based Susquehanna Intl Gru Llp has invested 0% in Eastgroup Properties Inc (NYSE:EGP). Bessemer reported 0.01% of its portfolio in Eastgroup Properties Inc (NYSE:EGP). California-based Menta Cap Lc has invested 0.1% in Eastgroup Properties Inc (NYSE:EGP). Manufacturers Life Ins Com The stated it has 0% of its portfolio in Eastgroup Properties Inc (NYSE:EGP). Echo Street Capital Ltd Llc holds 89,749 shares or 0.26% of its portfolio. Utd Capital Finance Advisers Limited Liability Com owns 21,655 shares. 7,287 were accumulated by Aperio Gp Ltd Llc. D E Shaw & owns 27,803 shares for 0% of their portfolio. Arkansas-based Stephens Inc Ar has invested 0.13% in Eastgroup Properties Inc (NYSE:EGP). Kempen Cap Mgmt Nv owns 14,194 shares or 0.13% of their US portfolio. California State Teachers Retirement accumulated 65,172 shares. Hexavest accumulated 1,700 shares or 0% of the stock.

The stock increased 0.62% or $0.51 on July 14, reaching $82.23. About shares traded. Eastgroup Properties Inc (NYSE:EGP) has risen 30.21% since July 17, 2016 and is uptrending. It has outperformed by 13.51% the S&P500.

Analysts await Eastgroup Properties Inc (NYSE:EGP) to report earnings on July, 25 after the close. They expect $1.05 EPS, up 6.06% or $0.06 from last year’s $0.99 per share. EGP’s profit will be $35.75M for 19.58 P/E if the $1.05 EPS becomes a reality. After $0.99 actual EPS reported by Eastgroup Properties Inc for the previous quarter, Wall Street now forecasts 6.06% EPS growth.

EastGroup Properties, Inc. is an equity real estate investment trust . The company has market cap of $2.80 billion. The Firm is focused on the development, acquisition and operation of industrial properties in various Sunbelt markets across the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. It has a 31.08 P/E ratio. The Firm holds its properties as long-term investments but may determine to sell certain properties that no longer meet its investment criteria.

About 5,753 shares traded. Chemring Group plc (LON:CHG) has 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

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