38.55% to Target, Credit Suisse Reaffirms “Buy” Rating for Petroleo Brasileiro SA- Petrobras (PBR) Stock; 5 Analysts Are Bullish Perrigo Company plc Ordinary Shares (PRGO) Last Week

May 29, 2017 - By Hazel Jackson

Among 17 analysts covering Perrigo Company Plc (NYSE:PRGO), 5 have Buy rating, 1 Sell and 11 Hold. Therefore 29% are positive. Perrigo Company Plc had 40 analyst reports since October 23, 2015 according to SRatingsIntel. The rating was downgraded by BTIG Research on Monday, April 25 to “Neutral”. The rating was maintained by Jefferies with “Hold” on Monday, January 23. The rating was reinitiated by JP Morgan with “Neutral” on Wednesday, November 18. The company was upgraded on Friday, November 11 by Bank of America. Northland Capital initiated Perrigo Company plc Ordinary Shares (NYSE:PRGO) on Tuesday, December 22 with “Outperform” rating. The stock has “Neutral” rating by B. Riley & Co on Friday, February 19. On Tuesday, February 28 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was downgraded by Wells Fargo to “Market Perform” on Monday, April 25. As per Wednesday, April 6, the company rating was maintained by Argus Research. The rating was maintained by Deutsche Bank with “Buy” on Friday, October 23. See Perrigo Company plc Ordinary Shares (NYSE:PRGO) latest ratings:

03/03/2017 Broker: B. Riley & Co Rating: Neutral Old Target: $83.00 New Target: $67.00 Maintain
28/02/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $100 New Target: $97 Maintain
22/02/2017 Broker: Canaccord Genuity Rating: Buy New Target: $100.0 Initiate
23/01/2017 Broker: Jefferies Rating: Hold Old Target: $84.00 New Target: $70.00 Maintain
17/01/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $92 New Target: $85 Maintain

Among 14 analysts covering Petroleo Brasileiro Petrobras SA (NYSE:PBR), 3 have Buy rating, 4 Sell and 7 Hold. Therefore 21% are positive. Petroleo Brasileiro Petrobras SA has $13 highest and $2 lowest target. $8.90’s average target is -0.56% below currents $8.95 stock price. Petroleo Brasileiro Petrobras SA had 31 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) has “Equal-Weight” rating given on Tuesday, March 22 by Morgan Stanley. As per Friday, August 7, the company rating was maintained by Deutsche Bank. The company was upgraded on Wednesday, September 21 by Raymond James. The firm earned “Overweight” rating on Tuesday, August 11 by Barclays Capital. Barclays Capital downgraded Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) rating on Monday, October 12. Barclays Capital has “Equal-Weight” rating and $6.50 target. On Thursday, October 6 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was downgraded by Raymond James on Thursday, May 19 to “Underperform”. The firm has “Underweight” rating by Barclays Capital given on Wednesday, July 13. The firm earned “Underperform” rating on Tuesday, December 15 by Credit Agricole. The rating was maintained by Credit Suisse with “” on Thursday, March 23.

The stock increased 0.67% or $0.06 on May 26, reaching $8.95. About 22.85M shares traded. Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) has risen 39.56% since May 29, 2016 and is uptrending. It has outperformed by 22.86% the S&P500.

Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The company has market cap of $57.11 billion. The Firm is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. It currently has negative earnings.

The stock decreased 2.64% or $1.9 on May 26, reaching $69.95. About 1.72M shares traded. Perrigo Company plc Ordinary Shares (NYSE:PRGO) has declined 23.00% since May 29, 2016 and is downtrending. It has underperformed by 39.70% the S&P500.

Investors sentiment increased to 0.82 in 2016 Q4. Its up 0.06, from 0.76 in 2016Q3. It improved, as 76 investors sold Perrigo Company plc Ordinary Shares shares while 156 reduced holdings. 75 funds opened positions while 116 raised stakes. 99.42 million shares or 5.12% more from 94.58 million shares in 2016Q3 were reported. Evercore Wealth Mngmt Ltd invested in 45 shares. 25,000 are owned by Rhenman & Prtn Asset Mgmt. State Street Corp holds 0.05% of its portfolio in Perrigo Company plc Ordinary Shares (NYSE:PRGO) for 6.12M shares. 21,557 were reported by Bnp Paribas Invest Prtn Sa. The New York-based Mutual Of America Capital Ltd Liability Corporation has invested 0.03% in Perrigo Company plc Ordinary Shares (NYSE:PRGO). Spirit Of America Mngmt Corporation invested in 0.01% or 1,300 shares. 35,400 were reported by Arizona State Retirement Systems. 45,800 are owned by Hutchin Hill Cap Ltd Partnership. Kanaly reported 0% stake. Alliancebernstein Lp accumulated 292,033 shares. Parametrica Management Limited accumulated 2,444 shares. Blair William And Il accumulated 0.06% or 82,179 shares. Moreover, Riverpoint Cap Management Ltd Liability Com has 0.02% invested in Perrigo Company plc Ordinary Shares (NYSE:PRGO). New Mexico Educational Retirement Board, a New Mexico-based fund reported 15,300 shares. Commonwealth National Bank & Trust Of invested 0% of its portfolio in Perrigo Company plc Ordinary Shares (NYSE:PRGO).