WABCO Holdings (WBC) “Buy” Rating Kept by Bank of America; The Price Target Given is $150; Plexus Corp. (PLXS) Had 2 Analysts Last Week

July 21, 2017 - By Vivian Currie

Among 8 analysts covering Plexus (NASDAQ:PLXS), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Plexus had 11 analyst reports since August 3, 2015 according to SRatingsIntel. Numis Securities downgraded the stock to “Add” rating in Wednesday, November 18 report. Longbow downgraded Plexus Corp. (NASDAQ:PLXS) on Thursday, December 15 to “Neutral” rating. Needham maintained the shares of PLXS in report on Friday, July 22 with “Buy” rating. The firm has “Neutral” rating given on Friday, October 23 by Goldman Sachs. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, January 20. The stock has “Neutral” rating by B. Riley & Co on Friday, July 22. The rating was upgraded by Goldman Sachs to “Buy” on Monday, August 3. The firm has “Hold” rating given on Monday, September 7 by Deutsche Bank. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, October 13 report. The firm has “Strong Buy” rating by Needham given on Friday, July 24. See Plexus Corp. (NASDAQ:PLXS) latest ratings:

Among 14 analysts covering WABCO Holdings (NYSE:WBC), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. WABCO Holdings has $153 highest and $96 lowest target. $122.09’s average target is -12.29% below currents $139.2 stock price. WABCO Holdings had 34 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was upgraded by Stifel Nicolaus to “Buy” on Tuesday, December 8. The firm earned “Neutral” rating on Tuesday, June 28 by Goldman Sachs. The firm earned “Buy” rating on Friday, June 2 by RBC Capital Markets. Seaport Global initiated WABCO Holdings Inc. (NYSE:WBC) rating on Thursday, April 6. Seaport Global has “Buy” rating and $135 target. Deutsche Bank maintained the shares of WBC in report on Wednesday, October 12 with “Hold” rating. Barclays Capital maintained the shares of WBC in report on Wednesday, October 12 with “Equal-Weight” rating. Barclays Capital initiated the stock with “Equal-Weight” rating in Friday, September 25 report. Barclays Capital upgraded WABCO Holdings Inc. (NYSE:WBC) on Monday, October 24 to “Overweight” rating. The company was upgraded on Thursday, February 2 by Piper Jaffray. RBC Capital Markets maintained it with “Buy” rating and $13700 target in Tuesday, July 18 report.

Since February 24, 2017, it had 1 buying transaction, and 2 insider sales for $409,102 activity. Shares for $297,043 were sold by Bardot Nicolas. Shares for $113,810 were sold by Rens Nick on Friday, February 24. Another trade for 15 shares valued at $1,751 was bought by GROSS THOMAS.

About 461,841 shares traded. WABCO Holdings Inc. (NYSE:WBC) has risen 17.28% since July 21, 2016 and is uptrending. It has outperformed by 0.58% the S&P500.

WABCO Holdings Inc. is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers of commercial trucks, buses and trailers, as well as passenger cars. The company has market cap of $7.83 billion. The Firm engineers, develops, makes and sells braking, stability, suspension and transmission automation and air management systems primarily for commercial vehicles. It has a 23.22 P/E ratio. The Company’s products are pneumatic anti-lock braking systems, electronic braking systems, electronic stability control systems, brake controls, automated manual transmission systems, air disc brakes, and a range of conventional mechanical products, such as actuators, air compressors and air control valves for medium- and heavy-duty trucks, buses and trailers.

Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.03, from 0.97 in 2016Q3. It fall, as 39 investors sold WABCO Holdings Inc. shares while 93 reduced holdings. 31 funds opened positions while 93 raised stakes. 51.89 million shares or 0.87% less from 52.34 million shares in 2016Q3 were reported. Huntington Bank stated it has 1,185 shares or 0% of all its holdings. The Utah-based Utah Retirement Systems has invested 0.03% in WABCO Holdings Inc. (NYSE:WBC). Janney Montgomery Scott Llc accumulated 0.02% or 10,607 shares. Mitsubishi Ufj Trust And Corporation accumulated 107,430 shares. New Amsterdam Ltd New York reported 48,626 shares. Principal Financial Grp Inc Inc accumulated 0% or 10,125 shares. 2.19 million were accumulated by Artisan Ptnrs Lp. Ami Invest Mgmt has 1.34% invested in WABCO Holdings Inc. (NYSE:WBC) for 19,035 shares. Clinton Gru owns 9,632 shares. Bamco Inc reported 0.06% in WABCO Holdings Inc. (NYSE:WBC). Massachusetts Financial Services Ma holds 442,969 shares or 0.02% of its portfolio. Paloma Partners Management stated it has 0.02% of its portfolio in WABCO Holdings Inc. (NYSE:WBC). Natixis Asset accumulated 1,582 shares. Columbia Wanger Asset Mgmt Ltd Liability Corp has 226,473 shares for 0.34% of their portfolio. Gulf International National Bank (Uk) Limited holds 0.03% or 16,590 shares.

Plexus Corp. and its subsidiaries are engaged in the electronic manufacturing services (EMS) industry. The company has market cap of $1.88 billion. The Firm delivers end-to-end solutions for clients in the Americas (AMER), Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. It has a 18.54 P/E ratio. The Company’s divisions are AMER, APAC and EMEA.

About 138,042 shares traded. Plexus Corp. (NASDAQ:PLXS) has risen 19.78% since July 21, 2016 and is uptrending. It has outperformed by 3.08% the S&P500.