Best Bank Stocks To Invest In 2019

Duke Energy (NYSE:DUK) had its price target increased by Morgan Stanley from $86.00 to $91.00 in a report released on Tuesday morning. They currently have a hold rating on the utilities provider’s stock.

Several other brokerages have also recently issued reports on DUK. Guggenheim reaffirmed a buy rating and issued a $86.00 price objective on shares of Duke Energy in a research note on Friday, August 17th. Citigroup raised shares of Duke Energy from a sell rating to a neutral rating and set a $77.00 price objective on the stock in a research note on Friday, July 20th. Zacks Investment Research cut shares of Duke Energy from a buy rating to a hold rating in a report on Monday, July 30th. JPMorgan Chase & Co. upgraded shares of Duke Energy from an underweight rating to a neutral rating and set a $72.00 target price for the company in a report on Monday, July 23rd. Finally, Scotiabank started coverage on shares of Duke Energy in a report on Tuesday, July 24th. They issued a buy rating and a $85.00 target price for the company. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $84.00.

Best Bank Stocks To Invest In 2019: Dillard's, Inc.(DDS)

Advisors’ Opinion:

  • [By ]

    Some reasons for my bearishness on retail stocks:

    Higher Energy Prices. Oil prices have rallied dramatically and back to 2014 levels, rising from about $35 a barrel in early 2016 to around $67 Thursday. That’s bad news for U.S. retailers, as rising oil prices historically squeeze consumer disposable incomes. That’s one reason why I’ve been consistently raising my short exposure to retail and plan to continue doing so. Shaky Same-Store Sales Growth. Recent improvements to same-store sales at Abercrombie & Fitch (ANF) , Urban Outfitters (URBN) , Dillard’s (DDS) , Gap Inc. (GPS) and Macy’s (M) come against downgraded expectations, and might not be sustainable anyway. No Deal for Nordstrom (JWN) . The Nordstrom family has apparently abandoned plans to take its namesake company private. I had expressed concerns that this would happen. Higher Interest Rates. A rise in the London Inter-Bank Offered Rate (LIBOR) has recently accelerated. That’s bad news for retailers, as many variable-rate consumer debts (particularly mortgages) key off of the LIBOR. This will likely put a damper on mortgage refinancings — something that many see as an important ingredient for personal-consumption expenditures.

  • [By Joseph Griffin]

    Shares of Dillard’s (NYSE:DDS) have been given an average recommendation of “Hold” by the eight brokerages that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $78.25.

  • [By Shane Hupp]

    Wall Street brokerages predict that Dillard’s (NYSE:DDS) will post earnings of ($0.52) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Dillard’s’ earnings, with the highest EPS estimate coming in at ($0.31) and the lowest estimate coming in at ($0.72). Dillard’s posted earnings of ($0.58) per share during the same quarter last year, which would suggest a positive year over year growth rate of 10.3%. The firm is scheduled to issue its next earnings results on Thursday, August 9th.

  • [By Adam Levine-Weinberg]

    On Monday, top department store stocks including Macy’s (NYSE:M), Kohl’s (NYSE:KSS), Dillard’s (NYSE:DDS), and J.C. Penney (NYSE:JCP) lost roughly 3% to 4%. The catalyst was a negative analyst report.

  • [By Adam Levine-Weinberg]

    In this episode of Industry Focus: Consumer Goods, Vincent Shen and senior Motley Fool contributor Adam Levine-Weinberg dive into the latest developments from Macy’s (NYSE:M), Kohl’s (NYSE:KSS), and Dillard’s (NYSE:DDS), which have all enjoyed bullish rallies of 30% in the past month.

  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects Walmart Inc. (NYSE: WMT) to report quarterly earnings at $1.13 per share on revenue of $120.51 billion before the opening bell. Walmart shares gained 1 percent to $86.99 in after-hours trading.
    Analysts expect Applied Materials, Inc. (NASDAQ: AMAT) to post quarterly earnings at $1.14 per share on revenue of $4.45 billion after the closing bell. Applied Materials shares rose 0.15 percent to $55.25 in after-hours trading.
    Jack in the Box Inc. (NASDAQ: JACK) reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent. Jack in the Box shares dropped 3.03 percent to $88.60 in the after-hours trading session.
    Before the opening bell, Dillard's, Inc. (NYSE: DDS) is estimated to report quarterly earnings at $2.77 per share on revenue of $1.46 billion. Dillard's shares rose 0.14 percent to $72.10 in after-hours trading.
    Analysts are expecting Childrens Place Inc (NASDAQ: PLCE) to have earned $2.21 per share on revenue of $444.14 million in the latest quarter. Childrens Place will release earnings before the markets open. Childrens Place shares gained 0.29 percent to $138.40 in after-hours trading.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Best Bank Stocks To Invest In 2019: HSBC Holdings plc(HSEA)

Advisors’ Opinion:

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
    Fluor Corporation (NYSE: FLR) fell 13.4 percent to $51.10 in pre-market trading after the company reported downbeat earnings for its first quarter and lowered its profit outlook for the year.
    Integrated Media Technology Limited (NASDAQ: IMTE) fell 9.8 percent to $28.97 in pre-market trading after surging 46.29 percent on Thursday.
    Gogo Inc. (NASDAQ: GOGO) shares fell 8.2 percent to $8.81 in pre-market trading after the company reported Q1 results and disclosed that it is withdrawing its FY18 outlook for adjusted EBITDA, airborne cash capex, airborne equipment inventory purchases and free cash flow.
    Sharing Economy International Inc. (NASDAQ: SEII) shares fell 7.5 percent to $3.98 in pre-market trading after climbing 22.16 percent on Thursday.
    Arista Networks, Inc. (NYSE: ANET) fell 7.4 percent to $248.00 in pre-market trading following first-quarter earnings.
    Web.com Group, Inc. (NASDAQ: WEB) fell 6.7 percent to $18.00 in pre-market trading after reporting Q1 results.
    Varex Imaging Corporation (NASDAQ: VREX) fell 5.2 percent to $34 in pre-market trading after reporting Q2 results.
    Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) shares fell 5.2 percent to $7.60 in pre-market trading after dropping 3.02 percent on Thursday.
    AMN Healthcare Services, Inc (NYSE: AMN) shares fell 4.7 percent to $61.70 in pre-market trading following Q1 earnings.
    HSBC Holdings plc (NYSE: HSEA) fell 4.6 percent to $25.15 in pre-market trading after reporting Q1 results.
    Stratasys Ltd. (NASDAQ: SSYS) shares fell 4 percent to $16.66 in pre-market trading after dropping 2.86 percent on Thursday.
    Melco Resorts & Entertainment Limited (NASDAQ: MLCO) fell 4 percent to $30.65 in pre-market trading.
    Century Aluminum Co (NASDAQ: CENX) fell 4 percent to $15.76 in pre-market trading following Q1 results.
    HSBC Holdings plc (NYSE: HSBC) shares fell 3.5 percent to $48.10 in pre-market tr

  • [By Lisa Levin] Gainers
    Bio-Path Holdings, Inc. (NASDAQ: BPTH) shares rose 29.5 percent to $2.15 in pre-market trading after reporting pre-clinical data demonstrating potential of Prexigebersen presented at the annual American Association for Cancer Research meeting in Chicago.
    Sientra, Inc. (NASDAQ: SIEN) rose 16.7 percent to $12.90 in pre-market trading following the announcement of FDA approval for PMA supplement.
    Aqua Metals, Inc. (NASDAQ: AQMS) rose 13.5 percent to $2.95 in pre-market trading after climbing 14.04 percent on Wednesday.
    Harmony Gold Mining Company Limited (NYSE: HMY) rose 5.6 percent to $2.09 in pre-market trading.
    Alcoa Corporation (NYSE: AA) shares rose 5 percent to $62.32 in pre-market trading after the company reported better-than-expected earnings for its first quarter and raised its FY18 adjusted EBITDA outlook.
    Gold Fields Limited (ADR) (NYSE: GFI) shares rose 4.9 percent to $4.11 in pre-market trading after gaining 1.03 percent on Wednesday.
    ABB Ltd (NYSE: ABB) shares rose 4.3 percent to $24.47 in pre-market trading after reporting Q1 results.
    WPP plc (NYSE: WPP) rose 4.2 percent to $82.99 in pre-market trading.
    American Express Company (NYSE: AXP) rose 4 percent to $98.95 in pre-market trading after the company reported stronger-than-expected profit for its first quarter.
    HSBC Holdings plc (NYSE: HSEA) rose 3.4 percent to $27.30 in pre-market trading.
    Shire plc (NASDAQ: SHPG) rose 3.4 percent to $167.95 in pre-market trading. Takada offered to buy Shire at £46.50 per share, Reuters reported.
    Vipshop Holdings Limited (NYSE: VIPS) rose 3.1 percent to $16.43 in pre-market trading.
    iRobot Corporation (NASDAQ: IRBT) shares rose 3 percent to $63.66 in the pre-market trading session.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Best Bank Stocks To Invest In 2019: Lancaster Colony Corporation(LANC)

Advisors’ Opinion:

  • [By Max Byerly]

    BidaskClub upgraded shares of Lancaster Colony (NASDAQ:LANC) from a strong sell rating to a sell rating in a report released on Wednesday.

    Separately, Zacks Investment Research raised shares of Lancaster Colony from a strong sell rating to a hold rating in a research report on Thursday, April 12th.

  • [By Motley Fool Transcribing]

    Lancaster Colony (NASDAQ:LANC) Q4 2018 Earnings Conference CallAug. 23, 2018 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

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