Notable Movers: Bank of America (NYSE:BAC), Allergan (NYSE:AGN), Pandora Media (NYSE:P)

Notable Movers: Bank of America (NYSE:BAC), Allergan (NYSE:AGN), Pandora Media (NYSE:P)

- in Business & Finance
0

On Tuesday, Bank of America Corp (NYSE:BAC)’s shares inclined 0.03% to $17.48.

BAC has market value of $183.78 billion while its EPS was booked as $1.35 in the last 12 months. The stock has 10.41 million shares outstanding while 62.90% shares of the company were owned by institutional investors. In the profitability analysis, the company has net profit margin was 30.40%. Beta value of the company was 1.80; beta is used to measure riskiness of the security.

The mean estimate for the short term price target for Bank of America Corp (NYSE:BAC) stands at $18.73 according to 28 Analysts. The higher price target estimate for the stock has been calculated at $20.00 while the lower price target estimate is at $16.00.

Analysts mean recommendation for the stock is 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services.

Allergan PLC (NYSE:AGN)’s shares gained 3.23% to $311.47.

AGN is currently valued at $118.92 billion. The company has 394.12 million shares outstanding and 91.00% shares of the company were owned by institutional investors. The company has 8.22 value in price to sale ratio while price to book ratio was recorded as 1.69. The company exchanged hands with 10.65 million shares as compared to its average daily volume of 5.82 million shares. It beta stands at 0.68.

The mean estimate for the short term price target for Allergan PLC (NYSE:AGN) stands at $364.87 according to 15 Analysts. The higher price target estimate for the stock has been calculated at $400.00 while the lower price target estimate is at $308.00.

Analysts mean recommendation for the stock is 1.60. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Allergan plc develops, manufactures, and distributes generic, branded, biosimilar, and over-the-counter (OTC) pharmaceutical products. It operates in three segments: North American Brands, North American Generics and International, and Anda Distribution.

At the end of Tuesday’s trade, Pandora Media Inc (NYSE:P)‘s shares surged 2.24% to $13.22.

P has beta value of -0.06. The company has the market capitalization of $2.76 billion. Return on assets ratio of the company was -17.80% while its return on equity ratio was -24.60%. ATR value of company was 0.83 while stock volatility for week was 3.67% while for month was 5.14%.

The mean estimate for the short term price target for Pandora Media Inc (NYSE:P) stands at $19.25 according to 28 Analysts. The higher price target estimate for the stock has been calculated at $27.00 while the lower price target estimate is at $10.00.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Pandora Media, Inc. is a United States-based provider of Internet radio in the United States. The Company offers a personalized experience for each of its listeners wherever and whenever they want to listen to radio on a range of smartphones, tablets, computers and car audio systems, as well as a range of other Internet-connected devices.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

Leave a Reply

Your email address will not be published. Required fields are marked *