Nomura reiterated their neutral rating on shares of Alcoa Inc (NYSE:AA) in a research report sent to investors on Wednesday morning, Stock Rating sNetwork.com reports. Alcoa Inc (NYSE:AA) shares after opening at $12.83 moved to $12.89 on last trade day and at the end of the day closed at $12.74. Company price to sales ratio in past twelve months was calculated as 0.60 and price to cash ratio as 9.56. Alcoa Inc (NYSE:AA) showed a positive weekly performance of 1.19%.
Gold stocks shot higher as investors appreciated their safe-haven status ahead of Friday’s nonfarm payrolls report. Among the top gainers was Barrick Gold Corporation (USA) (NYSE:ABX) which spiked 4.1% to close at $18.62, boosting options players’ confidence in the stock. To be specific, ABX calls traded at a 63% mark-up to average daily levels, outnumbering puts by a more than 3-to-1 margin. A significant amount of traders targeted weekly and short-term calls, with these options accounting for eight of the 10 most active ABX strikes of the day. Barrick Gold Corporation (USA) (NYSE:ABX) shares fell -1.45% in last trading session and ended the day on $18.35. ABX return on equity ratio is recorded as -65.60% and its return on assets is -25.00%. Barrick Gold Corporation (USA) (NYSE:ABX) yearly performance is -30.81%.
Research analysts at Deutsche Bank raised their price target on shares of Chesapeake Energy Corporation (NYSE:CHK) from $24.00 to $30.00 in a report released on Tuesday, Analyst RN reports. Deutsche Bank’s target price suggests a potential upside of 13.42% from the company’s current price. Chesapeake Energy Corporation (NYSE:CHK) shares moved up 0.64% in last trading session and was closed at $26.62, while trading in range of $ 26.42 – 26.96. Chesapeake Energy Corporation (NYSE:CHK) year to date (YTD) performance is -1.59%.
Vale SA (ADR) (NYSE:VALE), a Brazil based multinational corporation for mining and metals made an announcement on March 28, 2014 that the Exec Board of the firm has approved the proposal of payment of dividend to its shareholders. The approval will soon be submitted to the firm’s directorial board and then will be brought in act. Vale SA (ADR) (NYSE:VALE) weekly performance is 5.42%. On last trading day company shares ended up $14.39. Vale SA (ADR) (NYSE:VALE) distance from 50-day simple moving average (SMA50) is 5.62%. Analysts mean target price for the company is $19.08.