NYSE New Highs: Alcoa Inc (NYSE:AA), Taiwan Semiconductor (ADR)(NYSE:TSM), Halliburton Company (NYSE:HAL), PepsiCo (NYSE:PEP)

Posted by on Apr 18, 2014

Alcoa (NYSE:AA) was upgraded by analysts at RBC Capital from an “underperform” rating to a “sector perform” rating in a research report issued to clients and investors on Thursday, Analyst Ratings News reports. The firm currently has a $15.00 price target on the stock, up from their previous price target of $12.00. RBC Capital’s price target suggests a potential upside of 11.77% from the company’s current price. Alcoa Inc (NYSE:AA) shares after opening at $13.50 moved to $13.68 on last trade day and at the end of the day closed at $13.56. Company price to sales ratio in past twelve months was calculated as 0.65 and price to cash ratio as 21.98. Alcoa Inc (NYSE:AA) showed a positive weekly performance of 6.77%.

Taiwan Semiconductor Mfg. Co. (NYSE:TSM) reached a new 52-week high on Thursday following a stronger than expected earnings report, AmericanBankingNews.com reports. The company traded as high as $20.92 and last traded at $20.76, with a volume of 13,180,193 shares changing hands. The stock had previously closed at $20.15.Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE:TSM) shares advanced 2.83% in last trading session and ended the day on $20.72. TSM return on equity ratio is recorded as 5.80% and its return on assets is 10.70%.Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE:TSM) yearly performance is 18.74%.

Halliburton Company (NYSE:HAL) EVP Lawrence Pope sold 3,000 shares of the company’s stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $59.38, for a total transaction of $178,140.00.Halliburton Company (NYSE:HAL) shares moved up 0.66% in last trading session and was closed at $60.90, while trading in range of $60.08 – 61.46. Halliburton Company (NYSE:HAL) year to date (YTD) performance is 20.31%.

Shares of PepsiCo (NYSE:PEP) have been given an average recommendation of “Hold” by the nineteen analysts that are covering the stock, ARN reports. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $90.79. PepsiCo, Inc. (NYSE:PEP) weekly performance is 2.31%. On last trading day company shares ended up $85.55. PepsiCo, Inc. (NYSE:PEP) distance from 50-day simple moving average (SMA50) is 5.41%. Analysts mean target price for the company is $90.44.

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