J.P. Morgan Gives AK Steel Holding (AKS) $7.0 Target; Baidu, Inc. (BIDU) Had 9 Bullish Analysts

December 7, 2017 - By Marguerite Chambers

Among 19 analysts covering AK Steel Holding Corporation (NYSE:AKS), 7 have Buy rating, 1 Sell and 11 Hold. Therefore 37% are positive. AK Steel Holding Corporation has $10 highest and $1 lowest target. $6.31’s average target is 25.45% above currents $5.03 stock price. AK Steel Holding Corporation had 73 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Hold” rating by KeyBanc Capital Markets on Thursday, October 19. The stock has “Underperform” rating by Bank of America on Monday, October 26. The firm has “Hold” rating by Cowen & Co given on Monday, November 6. The firm has “Neutral” rating by Citigroup given on Thursday, November 2. The firm earned “Hold” rating on Friday, October 28 by Deutsche Bank. BMO Capital Markets maintained the stock with “Market Perform” rating in Wednesday, November 1 report. The firm earned “Hold” rating on Thursday, September 10 by BB&T Capital. The rating was upgraded by Morgan Stanley to “Overweight” on Monday, November 14. The firm has “Outperform” rating given on Wednesday, July 29 by Macquarie Research. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Buy” rating by Jefferies on Wednesday, August 30.

Among 24 analysts covering Baidu (NASDAQ:BIDU), 9 have Buy rating, 4 Sell and 11 Hold. Therefore 38% are positive. Baidu had 55 analyst reports since July 28, 2015 according to SRatingsIntel. Wells Fargo initiated Baidu, Inc. (NASDAQ:BIDU) rating on Tuesday, September 26. Wells Fargo has “Buy” rating and $290.0 target. On Friday, July 29 the stock rating was downgraded by TH Capital to “Hold”. The firm earned “Buy” rating on Thursday, May 12 by Jefferies. On Monday, October 30 the stock rating was maintained by JP Morgan with “Neutral”. The rating was maintained by TH Capital on Tuesday, October 27 with “Buy”. The rating was maintained by Jefferies with “Buy” on Monday, June 19. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Buy” rating given on Friday, October 20 by Jefferies. The rating was maintained by Jefferies with “Buy” on Tuesday, October 3. Brean Capital downgraded the shares of BIDU in report on Tuesday, July 28 to “Hold” rating. Bernstein initiated Baidu, Inc. (NASDAQ:BIDU) rating on Wednesday, January 11. Bernstein has “Underperform” rating and $150 target. See Baidu, Inc. (NASDAQ:BIDU) latest ratings:




31/10/2017 Broker: Oppenheimer Rating: Outperform Old Target: $250 New Target: $295 Maintain
30/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $250 New Target: $240 Maintain
30/10/2017 Broker: JP Morgan Rating: Neutral Old Target: $230 New Target: $225 Maintain
27/10/2017 Broker: Jefferies Rating: Buy New Target: $291.0 Maintain
20/10/2017 Broker: Jefferies Rating: Buy New Target: $305.0 Maintain
19/10/2017 Broker: Barclays Capital Rating: Hold New Target: $250.0
19/10/2017 Broker: Inc. – American Depositary Shares Rating: Each Representing One Tenth Class A Ordinary Share Old Target: $Equal-Weight 210
03/10/2017 Broker: Jefferies Rating: Buy New Target: $232.0 Maintain
27/09/2017 Broker: HSBC Rating: Buy New Target: $282.0
27/09/2017 Broker: Inc. – American Depositary Shares Rating: Each Representing One Tenth Class A Ordinary Share Old Target: $Outperform

The stock increased 4.36% or $0.21 during the last trading session, reaching $5.03. About 21.37M shares traded or 29.45% up from the average. AK Steel Holding Corporation (NYSE:AKS) has risen 58.12% since December 7, 2016 and is uptrending. It has outperformed by 41.42% the S&P500.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels and tubular products in the United States and internationally. The company has market cap of $1.58 billion. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; specialty stainless and electrical steels in sheet and strip forms; and carbon and stainless steel that is finished into welded steel tubing. It has a 27.79 P/E ratio. The firm also buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania.

Investors sentiment increased to 1.32 in Q2 2017. Its up 0.35, from 0.97 in 2017Q1. It increased, as 46 investors sold AK Steel Holding Corporation shares while 57 reduced holdings. 45 funds opened positions while 91 raised stakes. 224.47 million shares or 4.37% less from 234.74 million shares in 2017Q1 were reported. Css Limited Liability Company Il reported 0.01% stake. Blair William & Il has invested 0% in AK Steel Holding Corporation (NYSE:AKS). Swiss National Bank accumulated 0% or 530,000 shares. 14.26 million were reported by Tiaa Cref Inv Management Ltd Liability Corporation. Hsbc Public Limited Co owns 20,393 shares or 0% of their US portfolio. State Of Tennessee Treasury Department holds 0.01% or 293,647 shares in its portfolio. Bw Gestao De Investimentos Ltda stated it has 2.65% of its portfolio in AK Steel Holding Corporation (NYSE:AKS). Hodges Mgmt Inc has invested 0.01% in AK Steel Holding Corporation (NYSE:AKS). Stifel reported 13,338 shares stake. Moreover, Glg Ptnrs Ltd Partnership has 0.05% invested in AK Steel Holding Corporation (NYSE:AKS). Point72 Asset Management Ltd Partnership, a Connecticut-based fund reported 591,477 shares. Glenmede Trust Na, a Pennsylvania-based fund reported 2.86 million shares. 200,100 are held by Pinebridge L P. Piedmont Investment Advsr has invested 0.01% in AK Steel Holding Corporation (NYSE:AKS). Moreover, Balyasny Asset Management Limited has 0.02% invested in AK Steel Holding Corporation (NYSE:AKS) for 675,625 shares.

Analysts await AK Steel Holding Corporation (NYSE:AKS) to report earnings on January, 23. They expect $-0.11 EPS, down 144.00% or $0.36 from last year’s $0.25 per share. After $0.02 actual EPS reported by AK Steel Holding Corporation for the previous quarter, Wall Street now forecasts -650.00% negative EPS growth.

Baidu, Inc. provides Internet search services in China and internationally. The company has market cap of $80.26 billion. It operates through three divisions: Search Services, Transaction Services, and IQiyi. It has a 30.24 P/E ratio. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, including Web pages, news, images, documents, and multimedia files through links provided on its Website; and transaction platform, including Nuomi.com to connect online and offline services provided by third-parties.

The stock decreased 0.26% or $0.6 during the last trading session, reaching $231.15. About 2.11M shares traded. Baidu, Inc. (NASDAQ:BIDU) has risen 12.02% since December 7, 2016 and is uptrending. It has underperformed by 4.68% the S&P500.

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