Alphabet (GOOGL) Reaches $1051.11 52-Week High; Sandridge Permian Trust (PER) Has 0.83 Sentiment

October 27, 2017 - By Henry Gaston

Sandridge Permian Trust is a statutory trust. The company has market cap of $146.95 million. The Trust holds Royalty Interests in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas. It has a 5.54 P/E ratio. The Trust’s business activities are generally limited to owning the Royalty Interests, and entering into hedging arrangements at the inception of the Trust and activities related thereto, including activities required or permitted by the terms of the conveyances related to the Royalty Interests.

The stock of Alphabet Inc (NASDAQ:GOOGL) hit a new 52-week high and has $1135.20 target or 8.00% above today’s $1051.11 share price. The 8 months bullish chart indicates low risk for the $721.34 billion company. The 1-year high was reported on Oct, 27 by Barchart.com. If the $1135.20 price target is reached, the company will be worth $57.71B more. About 2.08 million shares traded or 35.06% up from the average. Alphabet Inc (NASDAQ:GOOGL) has risen 33.46% since October 27, 2016 and is uptrending. It has outperformed by 16.76% the S&P500.

About 24,417 shares traded. SandRidge Permian Trust (PER) has risen 25.53% since October 27, 2016 and is uptrending. It has outperformed by 8.83% the S&P500.

Gsa Capital Partners Llp holds 0.01% of its portfolio in SandRidge Permian Trust for 34,892 shares. Highlander Capital Management Llc owns 2,760 shares or 0.01% of their US portfolio. Moreover, Alexandria Capital Llc has 0% invested in the company for 209 shares. The Massachusetts-based American Research & Management Co. has invested 0% in the stock. Amg National Trust Bank, a Colorado-based fund reported 14,640 shares.

Among 51 analysts covering Google (NASDAQ:GOOGL), 46 have Buy rating, 0 Sell and 5 Hold. Therefore 90% are positive. Google had 158 analyst reports since August 8, 2015 according to SRatingsIntel. FBR Capital maintained it with “Outperform” rating and $809 target in Friday, October 23 report. The firm has “Buy” rating by Robert W. Baird given on Thursday, August 24. Aegis Capital maintained Alphabet Inc (NASDAQ:GOOGL) rating on Monday, July 24. Aegis Capital has “Buy” rating and $109000 target. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 19. The stock of Alphabet Inc (NASDAQ:GOOGL) earned “Buy” rating by Evercore on Thursday, September 3. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, February 2 report. RBC Capital Markets maintained the stock with “Buy” rating in Friday, October 27 report. The stock of Alphabet Inc (NASDAQ:GOOGL) has “Buy” rating given on Thursday, July 20 by Stifel Nicolaus. Argus Research maintained the shares of GOOGL in report on Monday, October 26 with “Buy” rating. The stock has “Buy” rating by Mizuho on Monday, August 7.