Analysts at VSA Capital Didn’t Change their “Buy” rating for Egdon Resources PLC (LON:EDR) with GBX 35.50 Target Price; Overstockcom (OSTK) Has 1.5 Sentiment

July 17, 2017 - By Linda Rogers

Overstock.com, Inc. is an online retailer and incubator of blockchain technology. The company has market cap of $406.18 million. Through its online retail business, the Company offers a range of price-competitive brand name, non-brand name and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods. It currently has negative earnings. It operates Retail and Medici businesses.

In a research report revealed to clients and investors on Monday, 17 July, Egdon Resources PLC (LON:EDR) stock had its “Buy” Rating maintained by research analysts at VSA Capital. They currently have a GBX 35.50 target price on company. VSA Capital’s target would suggest a potential upside of 381.03% from the company’s previous stock close.

Since February 23, 2017, it had 2 buys, and 2 sales for $1.18 million activity. Schaefer Kimberly bought $37,630 worth of stock. 10,000 shares valued at $406,200 were sold by Cahill William J on Tuesday, March 7. Mackie Lindsey also bought $10,717 worth of Egdon Resources Plc (LON:EDR) on Monday, March 13. CHURCHEY RANDY L had sold 20,000 shares worth $825,800 on Thursday, February 23.

Egdon Resources plc is a United Kingdom company, which is engaged in onshore gas and oil exploration and production business with over 40 licenses in gas and oil producing basins. The company has market cap of 17.50 million GBP. The principal activity of the Company is exploration and production of hydrocarbons in the United Kingdom and France. It currently has negative earnings. The Company’s divisions include UK and France.

Analysts await Egdon Resources Plc (LON:EDR) to report earnings on July, 31 before the open. They expect $0.42 EPS, up 7.69% or $0.03 from last year’s $0.39 per share. EDR’s profit will be $1.01 million for 4.35 P/E if the $0.42 EPS becomes a reality. After $0.60 actual EPS reported by Egdon Resources Plc for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.

Investors sentiment decreased to 1.47 in Q4 2016. Its down 0.19, from 1.66 in 2016Q3. It turned negative, as 21 investors sold Egdon Resources Plc shares while 60 reduced holdings. 31 funds opened positions while 88 raised stakes. 79.90 million shares or 1.04% more from 79.08 million shares in 2016Q3 were reported. Blackrock Investment Lc holds 0.02% or 506,545 shares in its portfolio. Thrivent Fincl For Lutherans holds 36,698 shares or 0.01% of its portfolio. Advsr Asset Inc accumulated 10,615 shares. Natixis holds 5,639 shares or 0% of its portfolio. Virginia Retirement Systems Et Al has 30,200 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys holds 10,815 shares. State Of New Jersey Common Pension Fund D invested in 0.02% or 95,000 shares. Asset One owns 198,493 shares. Landscape Cap Limited Company owns 61,700 shares. Mason Street Advsrs Limited Co invested in 34,092 shares. Kanaly holds 0% or 130 shares in its portfolio. Moreover, Barclays Pcl has 0% invested in Egdon Resources Plc (LON:EDR). Aperio Grp Inc Ltd Liability Com invested in 6,840 shares. Swiss National Bank accumulated 120,096 shares. Kbc Grp Nv owns 59,539 shares or 0.02% of their US portfolio.

Among 2 analysts covering Egdon Resources PLC (LON:EDR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Egdon Resources PLC has GBX 39 highest and GBX 31 lowest target. GBX 32.50’s average target is 345.21% above currents GBX 7.3 stock price. Egdon Resources PLC had 35 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald with “Buy” on Tuesday, April 26. VSA Capital maintained the stock with “Buy” rating in Tuesday, April 11 report. The firm earned “Buy” rating on Friday, May 19 by Cantor Fitzgerald. The stock of Egdon Resources Plc (LON:EDR) earned “Buy” rating by Cantor Fitzgerald on Monday, February 15. The firm earned “Buy” rating on Thursday, July 13 by VSA Capital. VSA Capital maintained the shares of EDR in report on Thursday, January 12 with “Buy” rating. The firm has “Buy” rating by VSA Capital given on Monday, June 12. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, October 22. The rating was maintained by Cantor Fitzgerald with “Buy” on Friday, September 4. The stock of Egdon Resources Plc (LON:EDR) has “Buy” rating given on Monday, July 10 by VSA Capital.

About shares traded. Egdon Resources Plc (LON:EDR) has 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

The stock increased 0.31% or $0.05 on July 14, reaching $16.2. About shares traded. Overstock.com, Inc. (OSTK) has declined 7.99% since July 17, 2016 and is downtrending. It has underperformed by 24.69% the S&P500.

Fairfax Financial Holdings Ltd Can holds 4.77% of its portfolio in Overstock.com, Inc. for 3.18 million shares. Chou Associates Management Inc. owns 582,271 shares or 3.26% of their US portfolio. Moreover, Thomson Horstmann & Bryant Inc has 1.42% invested in the company for 656,465 shares. The Tennessee-based Lee Danner & Bass Inc has invested 1.07% in the stock. J. Goldman & Co Lp, a New York-based fund reported 443,300 shares.

Since January 1, 0001, it had 0 buys, and 10 sales for $42.05 million activity.

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