Redfin (NASDAQ:RDFN) was downgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Monday, Marketbeat.com reports. They currently have a $20.00 target price on the stock. Goldman Sachs Group’s price objective would suggest a potential downside of 9.83% from the stock’s previous close.
Several other brokerages have also issued reports on RDFN. BidaskClub upgraded shares of Redfin from a “hold” rating to a “buy” rating in a report on Wednesday, April 18th. DA Davidson assumed coverage on shares of Redfin in a report on Wednesday, April 4th. They issued a “buy” rating and a $28.00 price objective on the stock. Finally, Zacks Investment Research lowered shares of Redfin from a “hold” rating to a “sell” rating in a report on Tuesday, May 15th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Redfin has a consensus rating of “Hold” and a consensus target price of $25.92.
Top Gold Stocks To Own Right Now: Old Second Bancorp Inc.(OSBC)
Advisors’ Opinion:
- [By Logan Wallace]
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Top Gold Stocks To Own Right Now: Carlsberg A/S (CABGY)
Advisors’ Opinion:
- [By Max Byerly]
Anheuser-Busch InBev (NYSE: BUD) and Carlsberg (OTCMKTS:CABGY) are both large-cap consumer staples companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.
Top Gold Stocks To Own Right Now: Targa Resources, Inc.(TRGP)
Advisors’ Opinion:
- [By Matthew DiLallo]
Kinder Morgan has already started to capture some of this growth. It’s working with two of the largest natural gas gathering and processing companies in the region –DCP Midstream (NYSE:DCP) and Targa Resources(NYSE:TRGP) — on the Gulf Coast Express pipeline. That $1.7 billion pipeline will have the capacity to move 1.92 BCF/D of natural gas to market centers along the Gulf when it comes online next October. It’s the first of what could be many expansion projects for the company in the region over the next several years.
- [By Matthew DiLallo]
The growth opportunities could be significant. Large-scale midstream companies Targa Resources (NYSE:TRGP) and Plains All American Pipelines (NYSE:PAA) currently have billions of dollars of Permian growth projects under way that will significantly increase their cash flow in the coming years. Targa Resources recently secured contracts supporting $500 million of gas gathering and processing investments in the region, which boosted its total backlog of Permian projects to $2.4 billion, or 75% of its total planned spending over the next two years. Those expansions position it to nearly double its earnings by 2021. Plains All American Pipelines, meanwhile, is investing more than 80% of its roughly $2 billion capital budget on the Permian over the next two years, and it could end up spending even more money to meet the demand for oil gathering capacity. Those expansions help position it to grow cash flow at a double-digit annual pace over the next two years. Given Oasis Midstream’s much smaller size, it has the potential to capture needle-moving growth by expanding into the Permian.
- [By Max Byerly]
Aperio Group LLC lowered its stake in shares of Targa Resources (NYSE:TRGP) by 16.1% in the first quarter, Holdings Channel reports. The institutional investor owned 99,458 shares of the pipeline company’s stock after selling 19,134 shares during the period. Aperio Group LLC’s holdings in Targa Resources were worth $4,376,000 as of its most recent filing with the SEC.
- [By Max Byerly]
Xact Kapitalforvaltning AB lifted its position in shares of Targa Resources Corp (NYSE:TRGP) by 10.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 24,262 shares of the pipeline company’s stock after acquiring an additional 2,198 shares during the quarter. Xact Kapitalforvaltning AB’s holdings in Targa Resources were worth $1,068,000 at the end of the most recent quarter.
Top Gold Stocks To Own Right Now: El Paso Electric Company(EE)
Advisors’ Opinion:
- [By Ethan Ryder]
Shares of El Paso Electric (NYSE:EE) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $51.33.
Top Gold Stocks To Own Right Now: Gencor Industries Inc.(GENC)
Advisors’ Opinion:
- [By Max Byerly]
Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 1,892 shares of the firm’s stock in a transaction that occurred on Monday, July 2nd. The stock was sold at an average price of $16.17, for a total transaction of $30,593.64. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Top Gold Stocks To Own Right Now: Semgroup Corporation(SEMG)
Advisors’ Opinion:
- [By Lee Jackson]
SemGroup Corporation (NASDAQ: SEMG) was downgraded to Market Perform from Outperform at Wells Fargo. The 52-week trading range is $20.20 to $30.95. The consensus price target for the company is posted at $26.80. The stock ended trading Friday at $25.
- [By Logan Wallace]
Barclays PLC grew its holdings in SemGroup Corp (NYSE:SEMG) by 32.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 20,779 shares of the pipeline company’s stock after purchasing an additional 5,090 shares during the period. Barclays PLC’s holdings in SemGroup were worth $444,000 as of its most recent SEC filing.
- [By Shane Hupp]
SemGroup (NYSE: SEMG) and Halliburton (NYSE:HAL) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, dividends, valuation, earnings, analyst recommendations and profitability.
- [By Joseph Griffin]
SemGroup (NYSE:SEMG) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
Signet Jewelers (NYSE:SIG) was downgraded by analysts at ValuEngine from a hold rating to a sell rating.
- [By Stephan Byrd]
SemGroup (NYSE: SEMG) and Halliburton (NYSE:HAL) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
- [By Lee Jackson]
SemGroup Corporation (NASDAQ: SEMG) was started with a market perform rating at BMO Capital Markets with a $25 price target. The consensus target across Wall Street is $26.80. The stock closed Monday at $25.15.
