Monday 27 February 2017

RBC Capital Markets Reiterated Gem Diamonds Ltd (LON:GEMD)’s “Sector Performer” Rating, Fmc Technologies (FTI) Shorts Lowered By 16.24%

In a research note issued to clients and investors on 13 February, RBC Capital Markets reiterated their “Sector Performer” rating on shares of Gem Diamonds Ltd (LON:GEMD).

Fmc Technologies Incorporated (NYSE:FTI) had a decrease of 16.24% in short interest. FTI’s SI was 8.86 million shares in February as released by FINRA. Its down 16.24% from 10.57 million shares previously. With 2.19M avg volume, 4 days are for Fmc Technologies Incorporated (NYSE:FTI)’s short sellers to cover FTI’s short positions. The SI to Fmc Technologies Incorporated’s float is 3.97%. The stock decreased 1.76% or $0.58 during the last trading session, reaching $32.3. About 3,400 shares traded. TechnipFMC plc Ordinary Share (NYSE:FTI) has risen 18.88% since July 21, 2016 and is uptrending. It has outperformed by 9.54% the S&P500.

Among 25 analysts covering FMC Technologies (NYSE:FTI), 14 have Buy rating, 1 Sell and 10 Hold. Therefore 56% are positive. FMC Technologies had 56 analyst reports since July 23, 2015 according to SRatingsIntel. Credit Suisse initiated the shares of FTI in report on Wednesday, January 25 with “Outperform” rating. Cowen & Co maintained TechnipFMC plc Ordinary Share (NYSE:FTI) rating on Thursday, July 23. Cowen & Co has “Outperform” rating and $42 target. KLR Group initiated TechnipFMC plc Ordinary Share (NYSE:FTI) on Monday, December 14 with “Buy” rating. The rating was downgraded by Barclays Capital on Friday, May 20 to “Equal-Weight”. The rating was maintained by Citigroup on Monday, October 5 with “Neutral”. The stock of TechnipFMC plc Ordinary Share (NYSE:FTI) earned “Neutral” rating by Credit Suisse on Friday, September 4. The firm has “Accumulate” rating given on Monday, October 26 by Seaport Global Securities. The firm has “Buy” rating given on Friday, March 11 by Goldman Sachs. On Monday, February 6 the stock rating was initiated by Jefferies with “Hold”. The firm earned “Underperform” rating on Tuesday, January 17 by Bernstein.

Investors sentiment decreased to 0.77 in Q3 2016. Its down 0.09, from 0.86 in 2016Q2. It dropped, as 50 investors sold TechnipFMC plc Ordinary Share shares while 142 reduced holdings. 52 funds opened positions while 113 raised stakes. 196.73 million shares or 1.63% less from 199.99 million shares in 2016Q2 were reported. Invesco reported 861,281 shares stake. Cypress Gp accumulated 14,810 shares. Tarbox Gru reported 0% of its portfolio in TechnipFMC plc Ordinary Share (NYSE:FTI). Utah Retirement invested in 41,178 shares. State Of Tennessee Treasury Department has 74,196 shares for 0.01% of their portfolio. Ing Groep Nv has invested 0% of its portfolio in TechnipFMC plc Ordinary Share (NYSE:FTI). Sg Americas Secs Limited Liability Com has 0.01% invested in TechnipFMC plc Ordinary Share (NYSE:FTI). Focused Wealth Management accumulated 136 shares or 0% of the stock. Strs Ohio holds 1.01M shares. Bluecrest Mngmt Ltd reported 0.04% stake. Secor Capital Advsrs Limited Partnership has invested 0.13% in TechnipFMC plc Ordinary Share (NYSE:FTI). Corecommodity Mngmt Ltd Liability, a Connecticut-based fund reported 54,867 shares. First Trust Advsr Ltd Partnership owns 1.17M shares. American holds 0% of its portfolio in TechnipFMC plc Ordinary Share (NYSE:FTI) for 91,679 shares. Nuance Llc reported 191,671 shares.

Gem Diamonds Limited is a United Kingdom diamond producer, which is engaged in the exploration and development of diamond mines. The company has market cap of 165.80 million GBP. The Firm operates diamond mining activities in Lesotho and Botswana. It has a 22.44 P/E ratio. The Company’s geographical divisions include Lesotho, which is involved in diamond mining activities; Botswana, which is engaged in diamond mining activities; Belgium, which is involved in the sales, marketing and manufacturing of diamonds, and British Virgin Islands , Republic of South Africa (RSA) and the United Kingdom, which provides technical and administrative services.

Among 12 analysts covering Gem Diamonds Ltd (LON:GEMD), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Gem Diamonds Ltd has GBX 279 highest and GBX 100 lowest target. GBX 147.67’s average target is 24.09% above currents GBX 119 stock price. Gem Diamonds Ltd had 88 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, April 7 with “Overweight”. On Tuesday, December 22 the stock rating was maintained by RBC Capital Markets with “Outperform”. Barclays Capital maintained it with “Overweight” rating and GBX 170 target in Wednesday, October 21 report. Barclays Capital maintained the stock with “Overweight” rating in Thursday, February 25 report. The company was maintained on Monday, February 13 by RBC Capital Markets. The stock of Gem Diamonds Limited (LON:GEMD) earned “Outperform” rating by Macquarie Research on Monday, November 30. The firm has “Buy” rating given on Thursday, January 5 by Panmure Gordon. FinnCap maintained the shares of GEMD in report on Tuesday, August 4 with “Buy” rating. The firm earned “Neutral” rating on Tuesday, May 17 by Macquarie Research. The company was maintained on Monday, January 16 by FinnCap.

About 14,256 shares traded. Gem Diamonds Limited (LON:GEMD) has declined 8.57% since July 29, 2016 and is downtrending. It has underperformed by 17.91% the S&P500.

The post RBC Capital Markets Reiterated Gem Diamonds Ltd (LON:GEMD)’s “Sector Performer” Rating, Fmc Technologies (FTI) Shorts Lowered By 16.24% appeared first on Stock Market News | HillCountryTimes | Get it Today.



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