BP p.l.c. Common Stock (BP) Upgraded By Goldman Sachs from “Neutral”; L 3 Communications Holdings Has 0.83 Sentiment

April 24, 2018 - By Dolores Ford

BP p.l.c. (NYSE:BP) Logo

In an analyst report shared with investors today, Goldman Sachs upgraded shares of BP p.l.c. Common Stock (NYSE:BP) to a “Buy” rating from “Neutral” rating.

L 3 Communications Holdings Inc (LLL) investors sentiment increased to 0.83 in 2017 Q4. It’s up 0.08, from 0.75 in 2017Q3. The ratio is better, as 5 funds started new and increased positions, while 6 decreased and sold their holdings in L 3 Communications Holdings Inc. The funds in our database now have: 183,126 shares, down from 237,250 shares in 2017Q3. Also, the number of funds holding L 3 Communications Holdings Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 2 Increased: 4 New Position: 1.

The stock decreased 0.06% or $0.12 during the last trading session, reaching $214.97. About 515,643 shares traded. L3 Technologies, Inc. (LLL) has risen 23.75% since April 24, 2017 and is uptrending. It has outperformed by 12.20% the S&P500.

Wedgewood Investors Inc Pa holds 0.76% of its portfolio in L3 Technologies, Inc. for 4,750 shares. Hanseatic Management Services Inc owns 1,530 shares or 0.31% of their US portfolio. Moreover, Cibc World Markets Corp has 0.23% invested in the company for 162,939 shares. The Alabama-based Stanley has invested 0.19% in the stock. Covington Investment Advisors Inc., a Pennsylvania-based fund reported 2,585 shares.

L3 Technologies, Inc. provides aerospace systems, and communication and electronic systems and products used on military and commercial platforms in the United States and internationally. The company has market cap of $16.83 billion. The firm operates in three divisions: Electronic Systems, Aerospace Systems, and Communication Systems. It has a 25.28 P/E ratio. It offers components, products, subsystems, and systems, as well as related services to military and commercial clients in various business areas, such as precision engagement and training, aviation products and security, power and propulsion systems, sensor systems, warrior systems, and advanced programs.

Analysts await L3 Technologies, Inc. (NYSE:LLL) to report earnings on May, 1 before the open. They expect $2.00 earnings per share, down 3.38% or $0.07 from last year’s $2.07 per share. LLL’s profit will be $156.57M for 26.87 P/E if the $2.00 EPS becomes a reality. After $2.35 actual earnings per share reported by L3 Technologies, Inc. for the previous quarter, Wall Street now forecasts -14.89% negative EPS growth.

Ratings analysis reveals 57% of L-3 Communications’s analysts are positive. Out of 7 Wall Street analysts rating L-3 Communications, 4 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $159.0 while the high is $184.0. The stock’s average target of $169.50 is -21.15% below today’s ($214.97) share price. LLL was included in 7 notes of analysts from August 25, 2016. The stock of L3 Technologies, Inc. (NYSE:LLL) earned “Buy” rating by Citigroup on Tuesday, September 6. The firm has “Neutral” rating by Bank of America given on Thursday, December 8. The rating was upgraded by Barclays Capital on Thursday, November 10 to “Overweight”. The firm earned “Overweight” rating on Thursday, August 25 by JP Morgan. The company was maintained on Friday, January 27 by Stifel Nicolaus. The stock of L3 Technologies, Inc. (NYSE:LLL) earned “Sector Perform” rating by RBC Capital Markets on Thursday, January 12. The firm earned “Outperform” rating on Thursday, October 6 by Robert W. Baird.

Among 29 analysts covering BP (NYSE:BP), 21 have Buy rating, 2 Sell and 6 Hold. Therefore 72% are positive. BP has $51.0 highest and $33 lowest target. $42.33’s average target is -3.60% below currents $43.91 stock price. BP had 61 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of BP p.l.c. (NYSE:BP) has “Neutral” rating given on Thursday, October 20 by UBS. The company was initiated on Friday, March 18 by Nomura. The rating was reinitiated by BNP Paribas with “Outperform” on Tuesday, October 11. Piper Jaffray maintained the stock with “Buy” rating in Sunday, April 22 report. The firm has “Buy” rating by Evercore given on Tuesday, November 3. The stock of BP p.l.c. (NYSE:BP) earned “Buy” rating by Scotia Capital on Monday, April 9. BNP Paribas maintained BP p.l.c. (NYSE:BP) on Wednesday, July 29 with “Neutral” rating. Jefferies maintained the stock with “Hold” rating in Wednesday, December 20 report. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, July 29 report. The firm earned “Buy” rating on Tuesday, September 15 by Liberum Capital.

BP p.l.c. operates as an integrated gas and oil firm worldwide. The company has market cap of $143.27 billion. It operates through three divisions: Upstream, Downstream, and Rosneft. It has a 42.8 P/E ratio. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of natural gas, including liquefied natural gas , and power and natural gas liquids (NGLs).

The stock increased 0.94% or $0.41 during the last trading session, reaching $43.91. About 4.50 million shares traded. BP p.l.c. (NYSE:BP) has risen 18.43% since April 24, 2017 and is uptrending. It has outperformed by 6.88% the S&P500.

Analysts await BP p.l.c. (NYSE:BP) to report earnings on May, 1 before the open. They expect $0.70 earnings per share, up 52.17% or $0.24 from last year’s $0.46 per share. BP’s profit will be $2.28B for 15.68 P/E if the $0.70 EPS becomes a reality. After $0.64 actual earnings per share reported by BP p.l.c. for the previous quarter, Wall Street now forecasts 9.37% EPS growth.

L3 Technologies, Inc. (NYSE:LLL) Ratings Chart

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By1 Dolores Ford

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