United States Steel (X) Upgraded By Longbow Research; J C Penney Co (JCP) Has 0.98 Sentiment

June 19, 2017 - By Dolores Ford

J. C. Penney Company, Inc. is a holding company. The company has market cap of $1.61 billion. The Company’s business consists of selling merchandise and services to clients through its department stores and its Website at jcpenney.com. It currently has negative earnings. The Company’s department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website.

Among 22 analysts covering United States Steel Corporation (NYSE:X), 7 have Buy rating, 2 Sell and 13 Hold. Therefore 32% are positive. United States Steel Corporation has $50 highest and $4 lowest target. $19.94’s average target is -1.09% below currents $20.16 stock price. United States Steel Corporation had 62 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, January 12, the company rating was downgraded by Credit Suisse. The stock has “Neutral” rating by Northland Capital on Wednesday, March 9. The company was upgraded on Wednesday, July 6 by Deutsche Bank. The firm has “Hold” rating given on Wednesday, November 4 by Deutsche Bank. The stock of United States Steel Corporation (NYSE:X) earned “Buy” rating by Deutsche Bank on Monday, October 5. The firm has “Neutral” rating by Bank of America given on Wednesday, June 15. The rating was maintained by Cowen & Co with “Market Perform” on Thursday, April 28. The stock has “Neutral” rating by Rosenblatt on Monday, November 21. Jefferies maintained United States Steel Corporation (NYSE:X) on Wednesday, September 16 with “Hold” rating. The firm has “Overweight” rating by JP Morgan given on Tuesday, April 5.

The stock decreased 1.03% or $0.21 during the last trading session, reaching $20.16. About 2,350 shares traded. United States Steel Corporation (NYSE:X) has risen 45.54% since June 19, 2016 and is uptrending. It has outperformed by 28.84% the S&P500.

Analysts await United States Steel Corporation (NYSE:X) to report earnings on July, 25. They expect $0.57 earnings per share, up 283.87% or $0.88 from last year’s $-0.31 per share. X’s profit will be $98.39 million for 8.84 P/E if the $0.57 EPS becomes a reality. After $-0.83 actual earnings per share reported by United States Steel Corporation for the previous quarter, Wall Street now forecasts -168.67% EPS growth.

United States Steel Corporation is an integrated steel producer. The company has market cap of $3.48 billion. The Firm is engaged in producing flat-rolled and tubular products with production activities in North America and Europe. It currently has negative earnings. The Firm operates through three divisions: Flat-Rolled Products , U.

The stock increased 3.72% or $0.18 on June 16, reaching $5.02. About shares traded. J C Penney Company Inc (JCP) has declined 40.00% since June 19, 2016 and is downtrending. It has underperformed by 56.70% the S&P500.

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By1 Dolores Ford

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