Primero Mining (PPP) Reaches $0.34 1 Year Low; Genuine Parts Company (GPC) Covered By 2 Bulls

June 19, 2017 - By wolcottdaily

Among 11 analysts covering Genuine Parts Company (NYSE:GPC), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Genuine Parts Company had 18 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Wedbush on Thursday, October 20. The stock of Genuine Parts Company (NYSE:GPC) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, July 21. On Tuesday, October 20 the stock rating was upgraded by Gabelli to “Buy”. Susquehanna initiated Genuine Parts Company (NYSE:GPC) rating on Friday, August 26. Susquehanna has “Neutral” rating and $102 target. The rating was upgraded by Goldman Sachs to “Neutral” on Thursday, January 19. On Friday, May 26 the stock rating was maintained by RBC Capital Markets with “Hold”. As per Wednesday, April 19, the company rating was maintained by Jefferies. The firm has “Hold” rating given on Thursday, July 14 by Gabellu & Co.. On Wednesday, September 30 the stock rating was downgraded by Goldman Sachs to “Sell”. The firm has “Neutral” rating by Atlantic Securities given on Wednesday, December 14. See Genuine Parts Company (NYSE:GPC) latest ratings:

26/05/2017 Broker: RBC Capital Markets Rating: Hold New Target: $96.00 Maintain
20/04/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $94.00 New Target: $96.00 Maintain
19/04/2017 Broker: Jefferies Rating: Hold New Target: $95.00 Maintain
19/01/2017 Broker: Goldman Sachs Old Rating: Sell New Rating: Neutral Upgrade

The stock of Primero Mining Corp (NYSE:PPP) hit a new 52-week low and has $0.33 target or 4.00% below today’s $0.34 share price. The 9 months bearish chart indicates high risk for the $64.84 million company. The 1-year low was reported on Jun, 19 by Barchart.com. If the $0.33 price target is reached, the company will be worth $2.59M less. About 144,813 shares traded. Primero Mining Corp (NYSE:PPP) has declined 74.36% since June 19, 2016 and is downtrending. It has underperformed by 91.06% the S&P500.

Among 2 analysts covering Primero Mining Corp (NYSE:PPP), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Primero Mining Corp had 5 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Primero Mining Corp (NYSE:PPP) has “Sector Perform” rating given on Tuesday, February 23 by IBC. The stock of Primero Mining Corp (NYSE:PPP) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 4. The firm has “Buy” rating given on Tuesday, August 11 by Zacks.

Primero Mining Corp. is a precious metals producer with activities in both Mexico and Canada. The company has market cap of $64.84 million. The Firm is focused on building a portfolio of precious metals assets in the Americas through acquiring, exploring, developing and operating mineral resource properties. It currently has negative earnings. The Company’s divisions include San Dimas, Cerro del Gallo, Black Fox Complex and Corporate.

Investors sentiment increased to 1.03 in Q4 2016. Its up 0.28, from 0.75 in 2016Q3. It increased, as 11 investors sold Primero Mining Corp shares while 18 reduced holdings. 12 funds opened positions while 18 raised stakes. 90.24 million shares or 14.37% less from 105.38 million shares in 2016Q3 were reported. Cibc Mkts Inc accumulated 0% or 36,276 shares. Susquehanna Group Inc Llp holds 0% or 209,335 shares in its portfolio. Franklin has 0% invested in Primero Mining Corp (NYSE:PPP) for 7.73M shares. Barclays Plc holds 127,702 shares. Intrepid Mngmt Inc holds 100,000 shares. Shell Asset reported 14,376 shares. Citadel Advsr Limited Liability Company reported 28,576 shares or 0% of all its holdings. Mackenzie Fincl holds 0% or 47,250 shares. Guardian Capital L P reported 0.01% stake. 17.18 million were accumulated by Donald Smith Com. Agf holds 2.28M shares. X Mgmt Com accumulated 2.01M shares. Citigroup invested in 3,729 shares. Manufacturers Life Ins The reported 6,300 shares. D E Shaw holds 2.31M shares.

Analysts await Primero Mining Corp (NYSE:PPP) to report earnings on August, 3.

Investors sentiment decreased to 0.99 in 2016 Q4. Its down 0.21, from 1.2 in 2016Q3. It turned negative, as 49 investors sold Genuine Parts Company shares while 211 reduced holdings. 50 funds opened positions while 208 raised stakes. 105.05 million shares or 2.36% more from 102.63 million shares in 2016Q3 were reported. Elm Advsr Limited Liability Com holds 0.36% or 4,180 shares. Tokio Marine Asset Mgmt invested in 0.04% or 3,217 shares. Richard Bernstein Advisors Limited Liability Corp invested in 29,982 shares. Hendershot Invs has 0.5% invested in Genuine Parts Company (NYSE:GPC) for 10,966 shares. Moreover, State Board Of Administration Of Florida Retirement Sys has 0.06% invested in Genuine Parts Company (NYSE:GPC). Quantbot Techs L P reported 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Aperio Gp Ltd reported 64,285 shares. Saturna, a Washington-based fund reported 403,510 shares. Exane Derivatives has invested 0% in Genuine Parts Company (NYSE:GPC). Aspiriant Limited Liability Corporation reported 0.07% stake. Dean Investment reported 0.26% of its portfolio in Genuine Parts Company (NYSE:GPC). Edge Asset invested in 66,912 shares or 0.05% of the stock. Ls Advsr Lc invested 0.26% in Genuine Parts Company (NYSE:GPC). Brookstone Cap Mgmt reported 2,793 shares. Ellington Mgmt Limited Liability, Connecticut-based fund reported 3,600 shares.

About 110,269 shares traded. Genuine Parts Company (NYSE:GPC) has declined 1.45% since June 19, 2016 and is downtrending. It has underperformed by 18.15% the S&P500.

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The company has market cap of $13.96 billion. The Company’s divisions include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other. It has a 20.35 P/E ratio. The automotive segment distributes replacement parts for all makes and models of automobiles, trucks and other vehicles.

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