Author: Stephanie Byars

  • Consumer Goods New Highs: Tyson Foods, Inc. (NYSE:TSN), PACCAR Inc (NASDAQ:PCAR), Autoliv Inc. (NYSE:ALV), Brunswick Corporation (NYSE:BC)

    Stock analysts at JPMorgan Chase & Co. increased their target price on shares of Tyson Foods (NYSE:TSN) from $36.00 to $45.00 in a report issued on Friday, American Banking News reports. JPMorgan Chase & Co.’s price objective suggests a potential upside of 5.29% from the company’s current price. Tyson Foods, Inc. (NYSE:TSN) shares after opening at $42.63 moved to $42.86 on last trade day and at the end of the day closed at $42.37. Company price to sales ratio in past twelve months was calculated as 0.42 and price to cash ratio as 17.51. Tyson Foods, Inc. (NYSE:TSN)} showed a positive weekly performance of 2.15%.

    DA Davidson upped their price target on shares of PACCAR Inc (NASDAQ:PCAR) from $68.00 to $78.00 in a research note issued on Monday, American Banking and Market News reports. DA Davidson’s target price suggests a potential upside of 20.00% from the stock’s previous close. PACCAR Inc (NASDAQ:PCAR) shares advanced 0.66% in last trading session and ended the day on $67.39. PCAR return on equity ratio is recorded as 22.40% and its return on assets is 7.10%. PACCAR Inc (NASDAQ:PCAR) yearly performance is 39.96%.

    On March 17, 2014, Autoliv Inc. (Autoliv) announced that it expects to issue $1.25 billion of long term debt securities. According to the Company, it anticipates that the senior notes issued would have an average interest rate of 3.84%. The notes would consist of: $208 million of 5 year senior notes with an interest rate of 2.84%; $275 million of 7 year senior notes with an interest rate of 3.51%; $297 million of 10 year senior notes with an interest rate of 4.09%; $285 million of 12 year senior notes with an interest rate of 4.24%; and $185 million of 15 year senior notes with an interest rate of 4.44%.  Autoliv Inc. (NYSE:ALV) shares moved up 2.17% in last trading session and was closed at $100.84, while trading in range of $98.60-$100.88. Autoliv Inc. (NYSE:ALV) year to date performance is 10.45%.

    Brunswick Corp. (NYSE:BC) was upgraded by equities researchers at Wells Fargo & Co. to an “overweight” rating in a research report issued on Monday, TheFlyOnTheWall.com reports. Brunswick Corporation (NYSE:BC) weekly performance is 4.31%. On last trading day company shares ended up $46.67. Brunswick Corporation (NYSE:BC) distance from 50-day simple moving average is 6.98%. Analysts mean target price for the company is $51.07.