Stocks Traded With 52 Week Highs: Allergan, Inc. (NYSE:AGN), Caterpillar (NYSE:CAT), Big Lots (NYSE:BIG), Finisar Corporation (NASDAQ:FNSR)

Valeant Pharmaceuticals International Inc. (VRX) offered to buy Allergan, Inc. (NYSE:AGN), maker of the Botox wrinkle treatment, in a cash-and-stock deal valued at $45.7 billion in the latest step of the Canadian company’s plan to become one of the world’s largest drugmakers. Allergan, Inc. (NYSE:AGN) shares after opening at $164.39 moved to $165.45 on last trade day and at the end of the day closed at $163.65. Company price to sales ratio in past twelve months was calculated as 7.77 and price to cash ratio as 13.41. Allergan, Inc. (NYSE:AGN) showed a positive weekly performance of 32.01%.

Caterpillar (NYSE:CAT)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Tuesday, American Banking News reports. They currently have a $122.00 price objective on the stock. Deutsche Bank’s price objective points to a potential upside of 18.86% from the company’s current price.Caterpillar Inc. (NYSE:CAT) shares advanced 1.02% in last trading session and ended the day on $103.69. CAT return on equity ratio is recorded as 20.30% and its return on assets is 4.40%. Caterpillar Inc. (NYSE:CAT) yearly performance is 28.71%.

Piper Jaffray upgraded shares of Big Lots (NYSE:BIG) from a neutral rating to an overweight rating in a report issued on Monday,TheFlyOnTheWall.com reports. They currently have $45.00 target price on the stock, up from their previous target price of $39.00. Big Lots, Inc. (NYSE:BIG) shares moved down -0.66% in last trading session and was closed at $39.20, while trading in range of $39.19-$39.73. Big Lots, Inc. (NYSE:BIG) year to date performance is 21.40%.

Finisar (NASDAQ:FNSR) has received an average rating of “Buy” from the seventeen ratings firms that are covering the company, Analyst Ratings.Net reports. Finisar Corporation (NASDAQ:FNSR) weekly performance is 11.77%. On last trading day company shares ended up $28.29. Finisar Corporation (NASDAQ:FNSR) distance from 50-day simple moving average is 13.28%. Analysts mean target price for the company is $28.58.

Comments

Leave a Reply

Your email address will not be published.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