Analysts See $1.37 EPS for Banco de Chile (BCH); 8 Bullish Analysts Covering Summit Hotel Properties, Inc. (INN)

January 19, 2018 - By Darrin Black

Among 10 analysts covering Summit Hotel Properties (NYSE:INN), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Summit Hotel Properties had 32 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird upgraded the shares of INN in report on Friday, August 28 to “Outperform” rating. The firm has “Buy” rating by Robert W. Baird given on Friday, November 10. The company was upgraded on Friday, March 3 by Bank of America. Canaccord Genuity maintained it with “Buy” rating and $20 target in Thursday, May 25 report. The firm has “Buy” rating given on Wednesday, June 28 by Canaccord Genuity. Bank of America downgraded Summit Hotel Properties, Inc. (NYSE:INN) on Monday, August 14 to “Underperform” rating. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, June 22. The stock of Summit Hotel Properties, Inc. (NYSE:INN) has “Buy” rating given on Thursday, September 7 by Robert W. Baird. On Monday, August 7 the stock rating was maintained by RBC Capital Markets with “Buy”. Cantor Fitzgerald maintained the shares of INN in report on Thursday, June 29 with “Buy” rating. See Summit Hotel Properties, Inc. (NYSE:INN) latest ratings:

20/11/2017 Broker: Janney Capital Old Rating: Buy New Rating: Neutral Downgrade
10/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $17.0 Maintain
27/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $17.0 Maintain
30/10/2017 Broker: Raymond James Old Rating: Market Perform New Rating: Outperform Upgrade
26/09/2017 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
22/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
22/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $17.0 Maintain
07/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $17.0 Maintain
14/08/2017 Broker: Bank of America Old Rating: Buy New Rating: Underperform Old Target: $17 Downgrade
07/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $17.0000 Maintain

Analysts expect Banco de Chile (NYSE:BCH) to report $1.37 EPS on January, 30.They anticipate $0.26 EPS change or 23.42% from last quarter’s $1.11 EPS. BCH’s profit would be $217.70 million giving it 18.61 P/E if the $1.37 EPS is correct. After having $1.26 EPS previously, Banco de Chile’s analysts see 8.73% EPS growth. The stock decreased 1.58% or $1.64 during the last trading session, reaching $101.96. About 57,988 shares traded or 34.89% up from the average. Banco de Chile (NYSE:BCH) has risen 26.52% since January 19, 2017 and is uptrending. It has outperformed by 9.82% the S&P500.

Among 6 analysts covering Banco de Chile (NYSE:BCH), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Banco de Chile had 11 analyst reports since August 11, 2015 according to SRatingsIntel. Scotia Capital upgraded Banco de Chile (NYSE:BCH) on Friday, July 15 to “Outperform” rating. JP Morgan downgraded the stock to “Neutral” rating in Friday, May 6 report. The firm has “Neutral” rating by JP Morgan given on Wednesday, September 6. The firm earned “Overweight” rating on Tuesday, December 13 by JP Morgan. The firm has “Hold” rating by J.P. Morgan given on Wednesday, September 6. On Thursday, April 7 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Hold” rating given on Wednesday, August 26 by Standpoint Research. Zacks upgraded Banco de Chile (NYSE:BCH) rating on Tuesday, August 11. Zacks has “Hold” rating and $72 target. The rating was downgraded by Standpoint Research to “Hold” on Monday, August 15.

Banco de Chile provides various banking services and products to individuals, corporate clients, large companies, and small and medium-sized companies in Chile and internationally. The company has market cap of $16.20 billion. The firm operates through four divisions: Retail, Wholesale, Treasury, and Subsidiaries. It has a 18.88 P/E ratio. It offers checking accounts; personal, car, and mortgage loans; credit cards; credit lines; and investment products, such as fixed-term, automatic renewal, and tax benefit deposits, as well as stocks, portfolio management, voluntary retirement savings/mutual funds, foreign currency, and fixed income investment products.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.67, from 1.65 in 2017Q2. It worsened, as 30 investors sold Summit Hotel Properties, Inc. shares while 75 reduced holdings. 32 funds opened positions while 71 raised stakes. 99.13 million shares or 0.27% more from 98.87 million shares in 2017Q2 were reported. Barclays Public Ltd has 0% invested in Summit Hotel Properties, Inc. (NYSE:INN) for 76,744 shares. Cornerstone Capital Hldgs Limited Liability Company has invested 0.02% in Summit Hotel Properties, Inc. (NYSE:INN). State Board Of Administration Of Florida Retirement Systems stated it has 0% of its portfolio in Summit Hotel Properties, Inc. (NYSE:INN). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 11,576 shares. Moreover, Bancorporation Of America Corporation De has 0% invested in Summit Hotel Properties, Inc. (NYSE:INN). Millennium Management Lc stated it has 0.02% of its portfolio in Summit Hotel Properties, Inc. (NYSE:INN). Schroder Mngmt Group holds 0% or 87,645 shares. Amalgamated State Bank has invested 0.01% in Summit Hotel Properties, Inc. (NYSE:INN). Zebra Management Lc has invested 0.1% in Summit Hotel Properties, Inc. (NYSE:INN). Hightower Advisors Limited Liability Corp reported 88,464 shares stake. Pnc Services Grp Inc holds 368,656 shares or 0.01% of its portfolio. Renaissance Technologies Limited Liability Company invested 0.02% in Summit Hotel Properties, Inc. (NYSE:INN). Federated Pa accumulated 806 shares. Loeb Prtn accumulated 48,000 shares or 0.23% of the stock. Genesee Valley, a New York-based fund reported 15,167 shares.

The stock decreased 3.74% or $0.6 during the last trading session, reaching $15.45. About 1.07M shares traded or 43.56% up from the average. Summit Hotel Properties, Inc. (NYSE:INN) has risen 48.87% since January 19, 2017 and is uptrending. It has outperformed by 32.17% the S&P500.