Analysts Have Mixed Ratings On McEwen Mining Inc. (MUX), BT Group plc (BT)

The shares of McEwen Mining Inc. (NYSE:MUX) has been pegged with a rating of Buy by ROTH Capital in its latest research note that was published on December 11th, 2017. The research company has also assigned a $3.25 price target. ROTH Capital wasn’t the only research firm that published a report of McEwen Mining Inc., with other equities research analysts also giving their opinion on the stock. H.C. Wainwright advised investors in its research note published on June 29th, 2015, to Buy the MUX stock while also putting a $1.30 price target. The stock had earned Buy rating from H.C. Wainwright when it published its report on April 20th, 2015. That day the H.C. Wainwright set price target on the stock to $1.25. The stock was given Buy rating by Stifel Nicolaus in its report released on February 8th, 2013, the day when the price target on the stock was placed at $3.75.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $2.74. The price of the stock the last time has raised by 50.41% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 51.38.

The shares of the company dipped by -5.13% during the trading session on Tuesday, reaching a low of $1.765 while ending the day at $1.85. During the trading session, a total of 5.23 million shares were traded which represents a -71.05% decline from the average session volume which is 3.06M shares. MUX had ended its last session trading at 1.95. McEwen Mining Inc. currently has a market cap of $704.44M while its P/E earnings growth sits at 6.69, with a beta of -0.45. McEwen Mining Inc. debt-to-equity ratio currently stands at 0.12, while its quick ratio hovers at 0.90. MUX 52-week low price stands at $1.23 while its 52-week high price is $2.44.

The company in its last quarterly report recorded -$0.03 earnings per share which is above the -$0.04 predicted by most analysts. The McEwen Mining Inc. generated $15.64 million in revenue during the last quarter, which is slightly lower than the $22.82 million predicted by analysts. In the second quarter last year, the firm recorded -$0.06 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -100%. McEwen Mining Inc. has the potential to record -0.17 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Deutsche Bank published a research note on June 24th, 2019 where it informed investors and clients that BT Group plc (NYSE:BT) is now rated as Sell. H.C. Wainwright also rated BT as Resumed on June 29th, 2015, with its price target of $4.50 suggesting that BT could surge by 34.99% from its current share price. Even though the stock has been trading at $10.59/share, analysts expect it to surge higher by -0.19% to reach $16.26/share. It started the day trading at $10.70 and traded between $10.56 and $10.57 throughout the trading session.

A look at its technical shows that BT’s 50-day SMA is 12.37 while its 200-day SMA stands at 14.41. The stock has a high of $17.33 for the year while the low is $10.57. The company’s P/E ratio currently sits at 8.05, while the P/B ratio is 1.45. At the moment, only of BT Group plc shares were sold short. The company’s average trading volume currently stands at 1.21M shares, which means that the short-interest ratio is just 1.91 days. Over the past seven days, the company moved, with its shift of -7.69%. Looking further, the stock has dropped -21.82% over the past 90 days while it lost -28.44% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Renaissance Technologies LLC bought more BT shares, increasing its portfolio by +89.97% during the last quarter. This move now sees Renaissance Technologies LLC purchasing 1,040,200 shares in the last quarter, thus it now holds 2,196,400 shares of BT, with a total valuation of $26,181,088. Morningstar Investment Services L meanwhile bought more BT shares in the recently filed quarter, changing its stake to $22,875,589 worth of shares. Northern Trust Investments Inc followed the path by decreasing its BT portfolio by -12.07% in the quarter. This means that Northern Trust Investments Inc sold -210,808 shares in the last quarter and now controls 1,535,851 shares of the BT stock, with the valuation hitting $18,307,344.

Similarly, Citadel Advisors LLC increased its BT Group plc shares by +4,502.95% during the recently filed quarter. After buying 902,527 shares in the last quarter, the firm now controls 922,570 shares of BT Group plc which are valued at $10,997,034. In the same vein, Goldman Sachs Asset Management LP decreased its BT Group plc shares by during the most recent reported quarter. The firm sold -350,449 shares during the quarter which decreased its stakes to 780,766 shares and is now valued at $9,306,731. Following these latest developments, around 0.40% of BT Group plc stocks are owned by institutional investors and hedge funds.