CDI Corp. (CDI) Reaches $5.75 After 4.00% Down Move, 4 Bullish Analysts Covering National Grid plc (ADR) (NGG)

June 12, 2017 - By Dolores Ford

The stock of CDI Corp. (NYSE:CDI) is a huge mover today! The stock decreased 4.17% or $0.25 on June 12, reaching $5.75. About 58,374 shares traded or 81.04% up from the average. CDI Corp. (NYSE:CDI) has risen 8.47% since June 12, 2016 and is uptrending. It has underperformed by 8.23% the S&P500.The move comes after 6 months negative chart setup for the $110.24 million company. It was reported on Jun, 12 by Barchart.com. We have $5.52 PT which if reached, will make NYSE:CDI worth $4.41M less.

Among 12 analysts covering National Grid (NYSE:NGG), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. National Grid had 19 analyst reports since September 18, 2015 according to SRatingsIntel. The stock of National Grid plc (ADR) (NYSE:NGG) earned “Buy” rating by Berenberg on Friday, January 20. Argus Research initiated National Grid plc (ADR) (NYSE:NGG) on Thursday, April 7 with “Hold” rating. The firm has “Sell” rating by Goldman Sachs given on Tuesday, November 29. The stock has “Buy” rating by Bank of America on Monday, May 15. On Tuesday, March 21 the stock rating was upgraded by BNP Paribas to “Neutral”. RBC Capital Markets downgraded National Grid plc (ADR) (NYSE:NGG) on Friday, May 5 to “Sector Perform” rating. Argus Research upgraded National Grid plc (ADR) (NYSE:NGG) on Thursday, December 1 to “Buy” rating. The rating was downgraded by Jefferies to “Hold” on Friday, November 6. The firm earned “Buy” rating on Friday, January 13 by Investec. RBC Capital Markets downgraded National Grid plc (ADR) (NYSE:NGG) on Friday, July 29 to “Sector Perform” rating. See National Grid plc (ADR) (NYSE:NGG) latest ratings:

15/05/2017 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
12/05/2017 Broker: Barclays Capital Rating: Equal Weight New Target: $69.00 Reinitiate
11/05/2017 Broker: Berenberg Old Rating: Buy New Rating: Hold Downgrade
05/05/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Downgrade
21/03/2017 Broker: BNP Paribas Old Rating: Underperform New Rating: Neutral Upgrade
30/01/2017 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
20/01/2017 Broker: Berenberg Old Rating: Hold New Rating: Buy Upgrade
13/01/2017 Broker: Investec Old Rating: Hold New Rating: Buy Upgrade

CDI Corp. provides engineering, information technology and staffing solutions. The company has market cap of $110.24 million. The Firm operates in three divisions: Global Engineering and Technology Solutions , Professional Staffing Services (PSS) and Management Recruiters International (MRI). It currently has negative earnings. It provides staffing services through its MRINetwork of franchisees.

Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.58, from 0.66 in 2016Q3. It improved, as 5 investors sold CDI Corp. shares while 20 reduced holdings. 11 funds opened positions while 20 raised stakes. 6.73 million shares or 0.87% less from 6.79 million shares in 2016Q3 were reported. Mason Street Advisors Ltd Liability Corp has 0% invested in CDI Corp. (NYSE:CDI). Texas Permanent School Fund holds 10,071 shares. Gemmer Asset Mgmt reported 0% in CDI Corp. (NYSE:CDI). Citigroup Inc holds 0% in CDI Corp. (NYSE:CDI) or 12,816 shares. Nine Chapters Capital Management has invested 0.13% in CDI Corp. (NYSE:CDI). Principal Financial Gp holds 0% or 101,265 shares. American Gp owns 2,179 shares or 0% of their US portfolio. Dimensional Fund L P stated it has 0.01% of its portfolio in CDI Corp. (NYSE:CDI). Financial Bank Of Ny Mellon holds 0% of its portfolio in CDI Corp. (NYSE:CDI) for 71,737 shares. Tci Wealth Advsr invested 0% of its portfolio in CDI Corp. (NYSE:CDI). Walleye Trading Limited Co holds 0% or 500 shares in its portfolio. Susquehanna Grp Llp reported 22,377 shares. Morgan Stanley owns 3,599 shares. Boston Prtn holds 0% or 298,739 shares in its portfolio. Parametric Portfolio Associate Limited Com reported 40,643 shares.