Looking at top Wall Street opinions, Palatin Technologies, Inc. (NYSE: PTN) has recently made its way into the research list of Canaccord Genuity – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of Buy in the eyes of Canaccord Genuity, as reported on Friday, June 5th, 2015. Another heavy-hitting research note was published by ROTH Capital on Monday January 12th, 2015, with this firm Reiterated PTN to an updated rating of Buy. In the past six months and three months of trading, shares of Palatin Technologies, Inc. (PTN) have moved by 66.15% and 103.97%, respectively.
Brokerage Updates Related to Palatin Technologies, Inc. (PTN) Stock
Not a Single analyst have given underperform rating or sell rating, and 2 have given a rating of Buy or better. Based on the 3 stock market experts following this company, the average 12-month price target is $4.92. Moreover, individual price targets range between $2.75-$6.00. With its recent move to $6.00, we can see that these firms project this stock will gain by 18.32% in one year.
Updates from Palatin Technologies, Inc. (PTN) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 4.40% rise since the beginning of the calendar year. A Director at Palatin Technologies, Inc. (PTN) bought some of its shares in a transaction that was finalized on Nov 20. Similarly, SPANA CARL bought 20,000 shares of the organization’s stock at $0.79 apiece and racked up $15,766 in earnings from the purchase. Now, SPANA CARL holds 4,348,102 shares of the company following the exchange. A Executive VP and CFO/COO of the organization named WILLS STEPHEN T, was engaged in a transaction that occurred on Nov 16 that managed to be worth $15,356 from the purchase of 20,000 common shares at a price of $0.77 per individual share.
Palatin Technologies, Inc. (NYSE:PTN) Results in the Pipeline
The next scheduled release of financial results for Palatin Technologies, Inc. will be for the Mar-19 quarter.
In the preceding quarter, this company’s revenue reached $0.04 million.
Univar Inc. (NYSE:UNVR) experienced a drop of -1.38% from the closing price in the previous trading day. That drove the price to $22.15 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,685,865 shares of stock – compared to the typical average of 1.78M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $27.11.
Pricing Indications for Univar Inc. (UNVR)
This organization has had a price-to-earnings ratio of 16.99 in the last year. Meanwhile, it gained 22.17 from its observable 50-day simple moving average. Right at this moment, the per-share value is -6.29% lower than the mean per-share price over the last 200 days in the market.
Univar Inc. (NYSE:UNVR) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 4 have a Buy rating, 2 have an outperform rating, while 3 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
UNVR Stock Value Potential
In trading activity as of late, this stock’s value was 23.61 up from its 200 day moving average, while also -0.18% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $25.00-$31.00. The market value for the entire organization reached 3.62B. In the last trading session, the price ended the day at $22.46. The institutional holdings related to this organization account for 0.30%, and the Beta factor is now 1.52. This company’s RSI (Relative Strength Index) managed to hit 49.31.
Univar Inc. (NYSE:UNVR) Analyst Points of Focus
Univar Inc. (UNVR) has found itself inside of Berenberg’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Hold, compared to its previous rating of Buy by Berenberg, as garnered from a news report on Wednesday April 17th, 2019. An additional helpful research note was sent out by Deutsche Bank’s on Friday September 21st, 2018. The brokerage decided to resumed UNVR to Buy.