Gap (NYSE:GPS) has got a consensus rating of “Hold”: Symantec Corporation (NASDAQ:SYMC), ABB Ltd (NYSE:ABB), Magellan Midstream Partners (NYSE:MMP)

Posted by on Apr 14, 2014

The Gap (NYSE:GPS) has earned a consensus rating of “Hold” from the thirty-two ratings firms that are currently covering the company, AnalystRatingsNetwork.com reports. Seventeen research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $43.29.The Gap Inc. (NYSE:GPS) shares after opening at $35.83 moved to $38.96 on last trade day and at the end of the day closed at $38.40. Company price to sales ratio in past twelve months was calculated as 11.42 and price to cash ratio as 6.62.The Gap Inc. (NYSE:GPS) showed a negative weekly performance of -6.68%.

Symantec (NASDAQ:SYMC) was downgraded by analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. They currently have a $23.00 price objective on the stock, down from their previous price objective of $26.00. Barclays’ target price suggests a potential upside of 12.77% from the stock’s previous close. Symantec Corporation (NASDAQ:SYMC) shares fell -1.89% in last trading session and ended the day on $20.01. SYMC return on equity ratio is recorded as 15.50% and its return on assets is 6.50%. Symantec Corporation (NASDAQ:SYMC) yearly performance is -15.28%.

ABB (NYSE:ABB) was downgraded by equities researchers at Robert W. Baird from an “outperform” rating to a “neutral” rating in a research report issued on Friday, Analyst Ratings Network.com reports. They currently have a $28.00 target price on the stock, down from their previous target price of $30.00. Robert W. Baird’s price objective suggests a potential upside of 9.46% from the stock’s previous close. ABB Ltd (ADR)(NYSE:ABB) shares moved down -0.27% in last trading session and was closed at $25.51, while trading in range of $25.45 – 25.70. ABB Ltd (ADR)(NYSE:ABB) year to date (YTD) performance is -3.95%.

Magellan Midstream (NYSE:MMP) was downgraded by research analysts at Ladenburg Thalmann from a “buy” rating to a “neutral” rating in a report released on Friday, Stock Ratings Network reports. They currently have a $74.00 price target on the stock, up from their previous price target of $71.00. Ladenburg Thalmann’s price objective suggests a potential upside of 2.41% from the company’s current price. The analysts noted that the move was a valuation call. Magellan Midstream Partners, L.P. (NYSE:MMP) weekly performance is 2.75%. On last trading day company shares ended up $73.51. Magellan Midstream Partners, L.P.(NYSE:MMP) distance from 50-day simple moving average (SMA50) is 6.75%. Analysts mean target price for the company is $73.18.

Leave a Reply

Your email address will not be published. Required fields are marked *