Companhia Paranaense de Energia – COPEL (ELP) Reaches $7.45 After 8.00% Up Move; 6 Analysts Are Bullish BrightSphere Investment Group plc (OMAM) Last Week

April 17, 2018 - By Vivian Currie

Companhia Paranaense de Energia - COPEL (NYSE:ELP) Logo

Among 9 analysts covering OM Asset Mgmt (NYSE:OMAM), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. OM Asset Mgmt had 27 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of BrightSphere Investment Group plc (NYSE:OMAM) earned “Outperform” rating by Wood on Friday, April 7. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 7. Keefe Bruyette & Woods maintained BrightSphere Investment Group plc (NYSE:OMAM) on Monday, September 4 with “Buy” rating. RBC Capital Markets maintained the shares of OMAM in report on Monday, November 9 with “Outperform” rating. Citigroup maintained BrightSphere Investment Group plc (NYSE:OMAM) rating on Friday, November 3. Citigroup has “Buy” rating and $20 target. The stock of BrightSphere Investment Group plc (NYSE:OMAM) has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. The firm earned “Outperform” rating on Friday, June 30 by RBC Capital Markets. Keefe Bruyette & Woods maintained it with “Buy” rating and $21.0 target in Thursday, December 21 report. The stock of BrightSphere Investment Group plc (NYSE:OMAM) has “Buy” rating given on Monday, June 5 by Wells Fargo. The stock of BrightSphere Investment Group plc (NYSE:OMAM) earned “Buy” rating by Citigroup on Wednesday, June 15. See BrightSphere Investment Group plc (NYSE:OMAM) latest ratings:

20/03/2018 Broker: Citigroup Rating: Buy New Target: $25.0
01/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $22.0 Maintain
18/01/2018 Broker: Credit Suisse Rating: Buy New Target: $24.0 Maintain
11/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $19.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $21.0 Maintain
15/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $20.0 Maintain
03/11/2017 Broker: Citigroup Rating: Buy Old Target: $18.5 New Target: $20 Maintain
02/11/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $18.0 Maintain
18/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $18.0 Maintain

The stock of Companhia Paranaense de Energia – COPEL (NYSE:ELP) is a huge mover today! The stock increased 3.04% or $0.22 during the last trading session, reaching $7.45. About 274,325 shares traded. Companhia Paranaense de Energia – COPEL (NYSE:ELP) has declined 17.48% since April 17, 2017 and is downtrending. It has underperformed by 29.03% the S&P500.The move comes after 5 months positive chart setup for the $1.99 billion company. It was reported on Apr, 17 by Barchart.com. We have $8.05 PT which if reached, will make NYSE:ELP worth $159.12 million more.

Companhia Paranaense de Energia – COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other clients primarily in the State of Paraná, Brazil. The company has market cap of $1.99 billion. As of December 31, 2016, the firm operated 18 hydroelectric plants, 12 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,025.7 megawatts; and owned and operated 2,522 kilometers of transmission lines and 195,458.5 kilometers of distribution lines. It has a 8.05 P/E ratio. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina.

Investors sentiment increased to 1.84 in Q4 2017. Its up 0.48, from 1.36 in 2017Q3. It improved, as 13 investors sold BrightSphere Investment Group plc shares while 37 reduced holdings. 36 funds opened positions while 56 raised stakes. 70.43 million shares or 7.35% more from 65.61 million shares in 2017Q3 were reported. Bogle Investment Mngmt L P De reported 82,161 shares. Product Partners Limited Liability Corp, New York-based fund reported 111,405 shares. Campbell And Adviser Ltd Liability Co invested in 0.27% or 21,861 shares. California State Teachers Retirement Sys holds 0% of its portfolio in BrightSphere Investment Group plc (NYSE:OMAM) for 118,829 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in BrightSphere Investment Group plc (NYSE:OMAM) for 6,135 shares. Fmr Ltd Llc has invested 0.02% in BrightSphere Investment Group plc (NYSE:OMAM). Amer Int Group Inc Inc reported 50,779 shares or 0% of all its holdings. Janney Montgomery Scott Llc has invested 0.01% in BrightSphere Investment Group plc (NYSE:OMAM). 391,708 were reported by Bancorp Of Mellon. Jennison Associate Limited Liability Company owns 1.75M shares. Renaissance Technology Limited Liability Company invested 0.02% in BrightSphere Investment Group plc (NYSE:OMAM). Gator Capital Ltd reported 19,510 shares. Silchester Limited Liability Partnership holds 70,800 shares. Rhumbline Advisers holds 0% or 63,636 shares in its portfolio. Engineers Gate Manager Lp owns 65,988 shares.

The stock decreased 0.97% or $0.15 during the last trading session, reaching $15.35. About 1.31M shares traded or 59.99% up from the average. BrightSphere Investment Group plc (NYSE:OMAM) has risen 6.38% since April 17, 2017 and is uptrending. It has underperformed by 5.17% the S&P500.

BrightSphere Investment Group plc (NYSE:OMAM) Ratings Chart

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By1 Vivian Currie

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