Beigene Ltd (ADR) (BGNE) Reaches $48.55 52-Week High, Clearbridge Investments Has Lifted By $1.14 Million Its Caseys Gen Stores (CASY) Stake

July 3, 2017 - By wolcottdaily

Clearbridge Investments Llc increased Caseys Gen Stores Inc (CASY) stake by 0.88% reported in 2016Q4 SEC filing. Clearbridge Investments Llc acquired 9,660 shares as Caseys Gen Stores Inc (CASY)’s stock declined 2.30%. The Clearbridge Investments Llc holds 1.11M shares with $132.11 million value, up from 1.10M last quarter. Caseys Gen Stores Inc now has $4.19B valuation. The stock rose 0.39% or $0.42 reaching $107.53 per share. About 42,521 shares traded. Casey’s General Stores Inc (NASDAQ:CASY) has risen 0.79% since July 3, 2016 and is uptrending. It has underperformed by 15.91% the S&P500.

The stock of Beigene Ltd (ADR) (NASDAQ:BGNE) hit a new 52-week high and has $50.49 target or 4.00% above today’s $48.55 share price. The 5 months bullish chart indicates low risk for the $1.94B company. The 1-year high was reported on Jul, 3 by Barchart.com. If the $50.49 price target is reached, the company will be worth $77.60 million more. About 36,291 shares traded. Beigene Ltd (ADR) (NASDAQ:BGNE) has risen 36.36% since July 3, 2016 and is uptrending. It has outperformed by 19.66% the S&P500.

BeiGene, Ltd. is a clinical-stage biopharmaceutical company. The company has market cap of $1.94 billion. The Firm is focused in the discovery and development of molecularly targeted and immuno-oncology drugs for the treatment of cancer. It currently has negative earnings. The Firm had used its cancer biology platform to develop four clinical-stage drug candidates, such as BGB-3111, BGB-A317, BGB-290 and BGB-283, as of December 31, 2016.

Since March 15, 2017, it had 0 insider purchases, and 3 selling transactions for $522,284 activity. Another trade for 2,200 shares valued at $239,228 was made by Walljasper William J on Wednesday, March 15. Shares for $65,076 were sold by DANOS JOHNNY. KIMBALL WILLIAM C also sold $217,980 worth of Casey’s General Stores Inc (NASDAQ:CASY) on Wednesday, March 15.

Among 8 analysts covering Casey’s General Stores (NASDAQ:CASY), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Casey’s General Stores had 29 analyst reports since August 18, 2015 according to SRatingsIntel. RBC Capital Markets maintained Casey’s General Stores Inc (NASDAQ:CASY) on Thursday, September 1 with “Outperform” rating. The firm earned “Buy” rating on Wednesday, June 29 by Goldman Sachs. The rating was initiated by Barclays Capital with “Equal-Weight” on Friday, September 23. On Wednesday, March 30 the stock rating was upgraded by Deutsche Bank to “Buy”. The stock of Casey’s General Stores Inc (NASDAQ:CASY) earned “Outperform” rating by RBC Capital Markets on Thursday, December 8. RBC Capital Markets upgraded the stock to “Outperform” rating in Wednesday, March 9 report. Deutsche Bank maintained it with “Hold” rating and $120 target in Wednesday, December 9 report. RBC Capital Markets maintained the stock with “Hold” rating in Monday, May 29 report. The firm earned “Market Perform” rating on Monday, November 16 by BMO Capital Markets. RBC Capital Markets downgraded the shares of CASY in report on Tuesday, March 7 to “Sector Perform” rating.