AbbVie’s (ABBV) – Get AbbVie, Inc. Report selloff was overdone after a Sept. 1 setback for its star immunology drug Rinvoq, and the stock remains undervalued, says BMO analyst Gary Nachman.
He has an outperform rating and a $133 price target. The stock recently traded at $106.61, down 0.81%, and has dropped 12% since Aug. 31.
On Sept. 1, the Food and Drug Administration mandated new heart safety and cancer warnings for Rinvoq and other companies’ JAK inhibitor class of medicines.
“Physicians agreed Rinvoq is still likely to get approved for atopic dermatitis (AD), given its overall risk/benefit,” Nachman said. “Even with limited use, it could still be a solid opportunity.”
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So, “Our sensitivity analysis to already conservative Rinvoq forecasts suggests the selloff has been overdone,” he said.
Top 10 Undervalued Stocks For 2022: Smith & Nephew SNATS, Inc.(SNN)
Smith & Nephew plc develops, manufactures, markets, and sells medical technology products and services worldwide. The company offers sports medicine joint repair products for surgeons, including an array of instruments, technologies, and implants necessary to perform minimally invasive surgery of the joints; and arthroscopy enabling technologies for healthcare providers, such as fluid management equipment for surgical access, high definition cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency wands, electromechanical and mechanical blades, and hand instruments for removing damaged tissue. It also provides trauma and extremities products consisting of internal and external devices used in the stabilization of severe fractures and deformity correction procedures; gynecological instrumentation devices; knee implant products for specialized knee replacement procedures; and hip implant products for reconstruction of the hip joint, as well as various products and technologies to assist in surgical treatment of the ear, nose, and throat. In addition, the company offers advanced wound care products for the treatment of acute and chronic wounds, including leg, diabetic and pressure ulcers, burns, and post-operative wounds; advanced wound devices, including traditional and single-use negative pressure wound therapy and hydrosurgery systems; and biologics and other bioactive technology products for debridement and dermal repair/regeneration. The company primarily serves the providers of medical and surgical treatments and services. Smith & Nephew plc was founded in 1856 and is headquartered in London, the United Kingdom.
- [By Ethan Ryder]
The business also recently declared a semiannual dividend, which will be paid on Wednesday, May 8th. Investors of record on Friday, April 5th will be given a $0.44 dividend. This represents a yield of 2.31%. The ex-dividend date is Thursday, April 4th. This is a boost from Smith & Nephew’s previous semiannual dividend of $0.25. Smith & Nephew’s payout ratio is 26.73%.
TRADEMARK VIOLATION WARNING: “76,000 Shares in Smith & Nephew plc (SNN) Purchased by Sivik Global Healthcare LLC” was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at www.tickerreport.com/banking-finance/4194512/76000-shares-in-smith-nephew-plc-snn-purchased-by-sivik-global-healthcare-llc.html.
Smith & Nephew Company Profile
- [By Max Byerly]
Smith & Nephew plc (NYSE:SNN) – Investment analysts at Northcoast Research increased their FY2019 earnings per share estimates for Smith & Nephew in a research note issued on Monday, February 11th. Northcoast Research analyst D. Keiser now anticipates that the medical equipment provider will post earnings per share of $2.05 for the year, up from their previous estimate of $1.94. Northcoast Research also issued estimates for Smith & Nephew’s Q4 2019 earnings at $1.13 EPS.
- [By Joseph Griffin]
Zimmer Biomet (NYSE: ZBH) and Smith & Nephew (NYSE:SNN) are both large-cap medical companies, but which is the better stock? We will compare the two companies based on the strength of their risk, analyst recommendations, dividends, institutional ownership, earnings, valuation and profitability.
Top 10 Undervalued Stocks For 2022: PIMCO Strategic Income Fund, Inc.(RCS)
PIMCO Strategic Global Government Fund, Inc. (the Fund) is a closed-end bond fund. The Fund invests primarily in a portfolio of investment grade fixed-income securities of the United States and other countries. The Fund invests, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in government securities, which include bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities, and synthetic instruments.
Government securities also include mortgage-backed securities issued or guaranteed by certain United States Government agencies and government-sponsored enterprises, including Federal Home Loan Mortgage Corporation (Freddie Mac), Federal National Mortgage Association (Fannie Mae) and Government National Mortgage Association (Ginnie Mae), which may or may not be backed by the full faith and credit of the United States Government. The Fund also invests up to 20% of its total assets in non-investment grade securities regardless of the issuer, including corporate, mortgage-backed and asset-backed securities. Pacific Investment Management Company LLC is the Fund’s investment adviser.
- [By Alexander Bird]
Two funds we like are the Strategic Global Government Fund Inc. (NYSE: RCS), which pays a handsome 7.8% dividend yield, and Oxford Lane Capital Corp. (NASDAQ: OXLC), which pays a massive 16.46% yield.
Top 10 Undervalued Stocks For 2022: Eagle Materials Inc(EXP)
Eagle Materials Inc., incorporated on January 27, 1994, is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The Company operates through five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. The Company’s construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates. Its building material include gypsum wallboard. Its basic materials used for oil and natural gas extraction include frac sand and oil well cement. It sells cement in over six regional markets, including northern Nevada and California, the greater Chicago area, the Rocky Mountain region, the Central Plains region and Texas. It sells slag in the greater Chicago, Illinois area and the greater Midwest area. It has approximately three concrete and aggregates businesses. The Company also operates a recycled paperboard business, which sells internally to its wallboard business, as well as to external customers. It sells oil well cement and frac sand to shale deposit zones across the United States.
The Company’s cement production facilities are located in or near Buda, Texas; LaSalle, Illinois; Laramie, Wyoming; Sugar Creek, Missouri; Tulsa, Oklahoma, and Fernley, Nevada. Its slag grinding facility is located in Chicago, Illinois. Its slag facility can process up to approximately 0.6 million tons per year. The Company’s cement plants utilize dry process technology and approximately 75% of its clinker capacity is from preheater or preheater/pre-calciner kilns. It operates approximately 10 cement plants, a slag grinding facility, over 20 cement distribution terminals, approximately five gypsum wallboard plants, a recycled paperboard plant, over 20 concrete batching plants, approximately four aggregates facilities, over three frac sand wet processing facilities, approximately three frac sand drying facilitie! s and over 10 frac sand trans-load locations. The Company distributes cement and slag directly to its customers mostly through customer pickups, as well as by common carriers from its plants or distribution terminals. It transports cement principally by rail to its storage and distribution terminals.
Concrete and Aggregates
The Company sells readymix concrete to contractors and other customers. It sells aggregates to building contractors and other customers engaged in a range of construction activities. The Company delivers aggregates from its aggregate plants by common carriers and customer pick-up. The construction aggregates business consists of the mining, extraction, production and sale of crushed stone, sand, gravel and lightweight aggregates, such as expanded clays and shales. It produces and distributes readymix concrete from the Company-owned sites north of Sacramento, California; Austin, Texas, and the greater Kansas City area. Construction aggregates of suitable characteristics are employed in various types of construction, including the production of readymix concrete and asphaltic mixes used in highway construction and maintenance. The Company mines and extracts limestone, sand and gravel, the principal raw materials used in the production of aggregates, from quarries owned or leased by the Company and located near its plants.
The Company owns approximately five gypsum wallboard manufacturing facilities. The Company owns land-containing gypsum in the area of Duke, Oklahoma, with additional reserves controlled through a lease agreement. Other gypsum deposits are located near the plant in Duke. The Company mines and extracts natural gypsum rock, the principal raw material used in the manufacture of gypsum wallboard, from mines and quarries owned, leased or subject to mining claims owned by the Company and located near its plants. The Company sells gypsum wallboard to various building materials dealers, gypsum wallboard speci! alty dist! ributors, lumber yards, home center chains and other customers located throughout the United States. The Company owns approximately 100 railcars for transporting gypsum wallboard.
The Company’s recycled paperboard manufacturing operation, which it refers to as Republic Paperboard Company (Republic), is located in Lawton, Oklahoma, and has a paper machine designed primarily for gypsum liner production. The Company also manufactures several alternative products, including containerboard grades and lightweight packaging grades. The principal raw materials are recycled paper fiber (recovered waste paper), water and specialty paper chemicals. The Company sells its recycled paperboard products to gypsum wallboard manufacturers and other industrial users.
Oil and Gas Proppants
The Company mines its frac sand from open pit mines, and processes the sand in its wet plants. The Company owns over two frac sand mines, approximately three frac sand wet processing plants and over three frac sand drying facilities. Its frac sand mines and wet plants are in New Auburn, Wisconsin and Utica, Illinois. Its frac sand drying facilities are in New Auburn, Wisconsin and Corpus Christi, Texas. The Company ships wet sand from its Utica, Illinois mine site to Corpus Christi, Texas, where the sand is processed into various mesh sizes and marketed primarily to oil service companies. The Company sells a portion of the frac sand it produces under long-term contracts that require its customers to pay a specified price per mesh size for a specified volume of sand each month, or quarter depending on the contract. In addition to the long-term sales contracts, it sells frac sand through its distribution network under short-term pricing and other agreements.
- [By Logan Wallace]
Jefferies Financial Group upgraded shares of Eagle Materials (NYSE:EXP) from an underweight rating to a market weight rating in a report released on Monday morning, The Fly reports.
- [By Matthew DiLallo]
Shares of Eagle Materials (NYSE:EXP) rallied 16.3% in January, according to data provided by S&P Global Market Intelligence. Driving up the construction material producer’s stock were its fiscal third-quarter results and news that the Trump administration wants to revive its proposed infrastructure plan.
- [By Max Byerly]
Expanse (EXP) is a proof-of-work (PoW) coin that uses the Dagger hashing algorithm. Its genesis date was July 3rd, 2015. Expanse’s total supply is 19,495,278 coins and its circulating supply is 10,495,278 coins. The Reddit community for Expanse is /r/expanseofficial and the currency’s Github account can be viewed here. The official website for Expanse is www.expanse.tech. Expanse’s official message board is forum.expanse.tech. Expanse’s official Twitter account is @ExpanseOfficial and its Facebook page is accessible here.
Top 10 Undervalued Stocks For 2022: CVB Financial Corporation(CVBF)
CVB Financial Corp. operates as the holding company for Citizens Business Bank that provides various banking and trust services for businesses, professionals, and individuals. It operates in two segments, Business Financial and Commercial Banking Centers, and Treasury. The company offers various deposit products, including checking, savings, money market, and time certificates of deposit for business and personal accounts, as well as serves as a federal tax depository for business customers. It also provides various lending products, such as commercial products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; loans for agribusiness; lease financing for municipal governments; consumer financing products, including automobile leasing and financing, lines of credit, credit cards, and home equity loans and lines of credit; and real estate mortgage and construction loans. In addition, the company offers a range of specialized services, such as cash management systems for monitoring cash flow, a credit card program for merchants, courier pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers by way of domestic and international wires and automated clearinghouse, and on-line account access. Further, it provides various investment products; and financial services and trust services comprising fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2015, it operated 40 business financial centers and 8 commercial banking centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley areas of California, as well as 3 trust offices located in Ontario, Newport Beach, and Pasadena. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.
- [By Stephan Byrd]
CVB Financial (NASDAQ:CVBF) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued on Thursday.
- [By Shane Hupp]
Get a free copy of the Zacks research report on CVB Financial (CVBF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Undervalued Stocks For 2022: AcelRx Pharmaceuticals Inc.(ACRX)
AcelRx Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on the development and commercialization of therapies for the treatment of acute and breakthrough pain in the United States. The company develops ARX-01, a Sufentanil NanoTab PCA system, which completed Phase II clinical trial for acute post-operative pain. The Sufentanil NanoTab PCA system consists of sufentanil, a high therapeutic index opioid; NanoTabs, a non-invasive sublingual dosage form; and a handheld PCA device that enables simple patient-controlled delivery of NanoTabs in the hospital setting and eliminates the risk of programming errors. Its products also include ARX-02, a Sufentanil NanoTab BTP Management System that completed Phase II clinical trial for the treatment of cancer breakthrough pain; and ARX-03, a Sufentanil/Triazolam NanoTab, which completed Phase II clinical trial to provide mild sedation, anxiety reduction, and pain relief for patients undergoing painful procedures in a ph ysician?s office. The company was formerly known as SuRx, Inc. and changed its name to AcelRx Pharmaceuticals, Inc. in August 2006. AcelRx Pharmaceuticals, Inc. was founded in 2005 and is headquartered in Redwood, California.
- [By Keith Speights]
Shares of AcelRx Pharmaceuticals (NASDAQ:ACRX) were sinking by 11.3% as of 10:47 a.m. EST on Friday. The specialty pharmaceutical company announced its fourth-quarter and full-year 2018 results after the market closed on Thursday.
- [By Shane Hupp]
TRADEMARK VIOLATION WARNING: “AcelRx Pharmaceuticals (ACRX) Releases Earnings Results, Beats Expectations By $0.05 EPS” was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at www.tickerreport.com/banking-finance/4206297/acelrx-pharmaceuticals-acrx-releases-earnings-results-beats-expectations-by-0-05-eps.html.
- [By George Budwell, Chuck Saletta, and Todd Campbell]
Armed with this insight, we asked three of our Motley Fool contributors which top small-cap stocks have their attention right now. They named AcelRx Pharmaceuticals (NASDAQ:ACRX),Realogy Holdings (NYSE:RLGY), andRegenxbio Inc. (NASDAQ:RGNX). Read on to find out why.
- [By Keith Speights]
Surprises for small biotechs are often of the unpleasant variety. But that wasn’t the case for AcelRx Pharmaceuticals Inc. (NASDAQ:ACRX) on Wednesday.
Top 10 Undervalued Stocks For 2022: Arqit Quantum Inc.(ARQQ)
Arqit Limited develops and offers quantum key distribution network. It offers QuantumCloud, an unbreakable software encryption keys, using satellite to deliver quantum information to data centers. The company uses the quantum properties of photons to create unique keys that can be shared between two parties in laser transmissions from a satellite. The company was incorporated in 2017 and is based in London, United Kingdom.
- [By James Brumley (TMFjbrumley)]
It took a while to get going, but Arqit Quantum (NASDAQ:ARQQ) shares finally took off following Wednesday morning’s news of a new business agreement. Namely, shares of the UK-based cybersecurity outfit ended today’s session 26.5% higher on the heels of an announcement that it would be exploring network security opportunities with Juniper Networks (NYSE:JNPR).
Top 10 Undervalued Stocks For 2022: Liberty TripAdvisor Holdings, Inc.(LTRPA)
During October 2013, the Board of Directors of Liberty Interactive Corporation and its subsidiaries (“Liberty”) authorized a plan to distribute to the stockholders of Liberty’s Liberty Ventures common stock shares of a newly-formed company, Liberty TripAdvisor Holdings, Inc. (“TripCo” or the “Company”) (the “Trip Spin-Off”). TripCo holds the subsidiaries TripAdvisor, Inc. (“TripAdvisor”) and BuySeasons, Inc., which includes the retail businesses of BuyCostumes.com and Celebrate Express (“BuySeasons”), both of which operate as stand-alone operating entities. Both TripAdvisor and BuySeasons have more revenue in the third quarter, based on a higher travel research period and the Halloween period, respectively, as compared to the other quarters of the year. The Trip Spin-Off was completed on August 27, 2014 and effected as a pro-rata dividend of shares of TripCo to the stockholders of Series A and Series B Liberty Ventures common stock of Liberty. Advisors’ Opinion:
- [By Ethan Ryder]
Engineers Gate Manager LP acquired a new position in Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) during the second quarter, Holdings Channel reports. The fund acquired 102,003 shares of the technology company’s stock, valued at approximately $1,642,000.
- [By Max Byerly]
Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,070,644 shares, an increase of 47.7% from the May 15th total of 1,402,097 shares. Currently, 2.9% of the company’s stock are short sold. Based on an average daily trading volume, of 839,315 shares, the short-interest ratio is currently 2.5 days.
- [By Lisa Levin]
Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) shares shot up 30 percent to $12.05 following TripAdvisor Q1 earnings beat.
Shares of ZAGG Inc (NASDAQ: ZAGG) got a boost, shooting up 26 percent to $14.48 after the company posted better-than-expected Q1 earnings.
- [By Lisa Levin] Gainers
Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) shares jumped 31.6 percent to $12.18 following TripAdvisor Q1 earnings beat.
ZAGG Inc (NASDAQ: ZAGG) rose 26.5 percent to $14.55 after the company posted better-than-expected Q1 earnings.
OPKO Health, Inc. (NASDAQ: OPK) shares gained 25 percent to $4.0234 following Q1 beat.
Axon Enterprise, Inc. (NASDAQ: AAXN) jumped 23.5 percent to $55.12 following a big Q1 beat. The company raised its fiscal 2018 sales growth guidance from 16-18 percent to 18-20 percent.
Penn Virginia Corporation (NASDAQ: PVAC) gained 23.3 percent to $59.00 after reporting Q1 results.
TripAdvisor, Inc. (NASDAQ: TRIP) rose 22.5 percent to $47.51 after the company reported stronger-than-expected results for its first quarter on Tuesday.
Sears Holdings Corporation (NASDAQ: SHLD) shares surged 21.7 percent to $3.36. Amazon.com's partnership with Sears started in 2017 with an agreement to sell Kenmore-branded appliances online. On Wednesday, the companies announced an extension of their relationship to now include tire delivery and installations.
EP Energy Corporation (NYSE: EPE) jumped 21.3 percent to $2.68 following Q1 results.
LendingClub Corporation (NYSE: LC) surged 20.4 percent to $3.395 following better-than-expected Q1 earnings.
Superior Industries International, Inc. (NYSE: SUP) gained 19 percent to $15.82 after reporting Q1 results.
Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) shares rose 18.5 percent to $8.13 following Q1 results.
Twilio Inc. (NYSE: TWLO) rose 18.3 percent to $52.47 after the company posted strong quarterly results.
Cerus Corporation (NASDAQ: CERS) shares jumped 18.3 percent to $6.47 following quarterly results.
IEC Electronics Corp. (NYSE: IEC) shares climbed 17 percent to $4.68 after reporting better-than-expected quarterly earnings.
New Relic, Inc. (NYSE: NEWR) rose 16.8 percent to $90.10 following Q4 results.
Gulfport Energy Corporation (NASDAQ: GPOR)
Top 10 Undervalued Stocks For 2022: MuniVest Fund, Inc.(MVF)
BlackRock MuniVest Fund, Inc. (the Fund), formerly known as MuniVest Fund, Inc., is a non-diversified, closed-end management investment company. The Fund seeks to provide a high a level of current income exempt from federal income taxes by investing primarily in a portfolio of long-term, investment-grade municipal obligations, the interest on which is exempt from federal income taxes.
BlackRock MuniVest Fund, Inc. may invest in certain securities, whose income return is inversely related to changes in a floating interest rate (inverse floaters). The Fund may invest in swap agreements. The Fund may also purchase and write call and put options. BlackRock MuniVest Fund, Inc.’s investment advisor is BlackRock Advisors, LLC, a wholly owned subsidiary of BlackRock, Inc. The Fund’s sub-advisor is BlackRock Investment Management, LLC.
- [By Max Byerly]
BlackRock MuniVest Fund Inc. (NYSEAMERICAN:MVF) declared a monthly dividend on Thursday, September 6th, Wall Street Journal reports. Stockholders of record on Friday, September 14th will be paid a dividend of 0.041 per share by the investment management company on Monday, October 1st. This represents a $0.49 annualized dividend and a dividend yield of 5.57%. The ex-dividend date of this dividend is Thursday, September 13th.
Top 10 Undervalued Stocks For 2022: Canadian Pacific Railway Limited(CP)
Canadian Pacific Railway Limited, through its subsidiaries, operates a transcontinental railway in Canada and the United States. The company provides logistics and supply chain expertise services. It transports bulk commodities, including grain, coal, fertilizers, and sulphur; and intermodal traffic comprising retail goods in overseas containers that can be transported by train, ship, and truck, as well as in domestic containers and trailers that can be moved by train and truck. The company also transports merchandise freight consisting of finished vehicles and automotive parts, chemicals and plastics, crude oil, and forest products, as well as metals, minerals, and consumer products. It provides rail and intermodal transportation services over a network of approximately 13,700 miles serving the business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia, and the United States Northeast and Midwest regions. In addition, the company offers transloading, warehousing, and distribution services of steel products. Canadian Pacific Railway Limited was founded in 1881 and is headquartered in Calgary, Canada.
- [By Ethan Ryder]
TRADEMARK VIOLATION WARNING: “Canadian Pacific Railway Ltd (CP) Stake Lowered by Commonwealth Bank of Australia” was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another site, it was illegally copied and reposted in violation of United States and international trademark and copyright legislation. The original version of this piece can be viewed at www.tickerreport.com/banking-finance/4217521/canadian-pacific-railway-ltd-cp-stake-lowered-by-commonwealth-bank-of-australia.html.
- [By Stephan Byrd]
Canadian Pacific Railway Ltd (NYSE:CP) (TSE:CP) has received an average recommendation of “Buy” from the twenty brokerages that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $234.60.
- [By Lou Whiteman]
Canadian Pacific Railway’s (NYSE:CP) Toronto-traded shares climbed 11.2% in January, according to data provided by S&P Global Market Intelligence, after the railroad reported better-than-expected earnings. The company’s New York Stock Exchange-traded shares were actually up 15.4% for the month.
Top 10 Undervalued Stocks For 2022: Cambrex Corporation(CBM)
Cambrex Corporation, a life sciences company, provides various products and services for the development and commercialization of new and generic therapeutics worldwide. The companys products comprise active pharmaceutical ingredients and pharmaceutical intermediates that are used in the production of prescription and over-the-counter drug products, as well as other fine chemicals. It serves generic drug companies; and companies that discover and commercialize small molecule human therapeutics. The company sells its products directly, as well as through independent agents. Cambrex Corporation was founded in 1981 and is headquartered in East Rutherford, New Jersey.
- [By George Budwell, Chuck Saletta, and Todd Campbell]
So, with the biotech space solidly on the comeback trail, we asked three of our Motley Fool contributors which stocks they think are poised to keep churning higher in February and perhaps for the remainder of the year. They suggested Viking Therapeutics (NASDAQ:VKTX), Cambrex (NYSE:CBM), and Sarepta Therapeutics (NASDAQ:SRPT). Here’s why.
- [By Motley Fool Transcribers]
Cambrex Corp (NYSE:CBM)Q42018 Earnings Conference CallFeb. 13, 2019, 8:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Brian Feroldi]
In response to reporting of fourth-quarter and full-year quarterly results, shares of Cambrex Corporation (NYSE:CBM), a supplier to the life sciences industry, fell 11% as of 11:10 a.m. EST on Wednesday.
- [By Logan Wallace]
Shares of Cambrex Co. (NYSE:CBM) have earned a consensus recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $60.00.