EMCOR Group, Inc. (EME) Touches $84.14 High on Jan, 14; Franklin Resources, Inc. (BEN) Covered By 1 Bullish Analysts Last Week

January 14, 2018 - By Migdalia James

Among 16 analysts covering Franklin Resources Inc. (NYSE:BEN), 1 have Buy rating, 4 Sell and 11 Hold. Therefore 6% are positive. Franklin Resources Inc. had 87 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, July 29 with “Neutral”. On Monday, July 24 the stock rating was downgraded by Wells Fargo to “Market Perform”. The rating was maintained by Deutsche Bank on Monday, August 17 with “Hold”. The firm earned “Hold” rating on Wednesday, June 28 by Jefferies. Deutsche Bank downgraded the shares of BEN in report on Thursday, November 10 to “Sell” rating. The rating was downgraded by UBS to “Sell” on Thursday, June 2. The rating was maintained by Wood on Thursday, September 3 with “Market Perform”. The rating was maintained by Deutsche Bank with “Hold” on Thursday, March 17. The firm has “Neutral” rating given on Thursday, April 7 by JP Morgan. The firm has “Hold” rating by Jefferies given on Wednesday, October 7. See Franklin Resources, Inc. (NYSE:BEN) latest ratings:

10/01/2018 Broker: Jefferies Rating: Hold New Target: $43.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $47.0 Maintain
27/10/2017 Broker: UBS Rating: Neutral Old Target: $46 New Target: $48 Maintain
27/10/2017 Broker: Wells Fargo Rating: Market Perform Old Target: $50 New Target: $48 Maintain
27/10/2017 Broker: Citigroup Rating: Neutral Old Target: $45 New Target: $44 Maintain
25/09/2017 Broker: Jefferies Rating: Hold New Target: $44.0 Maintain
08/09/2017 Broker: Barclays Capital Rating: Underweight New Target: $40.00 Initiate
01/09/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $44.0 Maintain
17/08/2017 Broker: Jefferies Rating: Hold New Target: $44.0 Maintain
31/07/2017 Broker: UBS Rating: Neutral Old Target: $46 New Target: $45 Maintain




The stock of EMCOR Group, Inc. (NYSE:EME) reached all time high today, Jan, 14 and still has $88.35 target or 5.00% above today’s $84.14 share price. This indicates more upside for the $4.95 billion company. This technical setup was reported by Barchart.com. If the $88.35 PT is reached, the company will be worth $247.45M more. The stock increased 1.09% or $0.91 during the last trading session, reaching $84.14. About 176,716 shares traded. EMCOR Group, Inc. (NYSE:EME) has risen 40.80% since January 14, 2017 and is uptrending. It has outperformed by 24.10% the S&P500.

Since October 27, 2017, it had 0 buys, and 1 sale for $1.01 million activity. RYAN JERRY E had sold 13,000 shares worth $1.01M.

EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company has market cap of $4.95 billion. The firm designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical process, food process, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, and controls and filtration systems; roadway and transit lighting and fiber-optic lines; heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; plumbing, processing, and piping systems; central plant heating and cooling systems; cranes and rigging; millwrighting; and steel fabrication, erection, and welding. It has a 23.52 P/E ratio. It also offers building services to facilities, such as commercial and government site activities and maintenance; reception, security, and catering; outage services to utilities and industrial plants; military base activities support; mobile mechanical maintenance and services; floor care and janitorial; landscaping, lot sweeping, and snow removal; facilities and vendor management; call center; installation and support for building systems; technical consulting and diagnostics; small modification and retrofit; infrastructure and building projects; and program development, management, and maintenance services for energy systems.

Analysts await EMCOR Group, Inc. (NYSE:EME) to report earnings on February, 22. They expect $0.86 earnings per share, up 19.44% or $0.14 from last year’s $0.72 per share. EME’s profit will be $50.58 million for 24.46 P/E if the $0.86 EPS becomes a reality. After $1.09 actual earnings per share reported by EMCOR Group, Inc. for the previous quarter, Wall Street now forecasts -21.10% negative EPS growth.

Investors sentiment increased to 1.34 in 2017 Q3. Its up 0.22, from 1.12 in 2017Q2. It is positive, as 16 investors sold EMCOR Group, Inc. shares while 90 reduced holdings. 35 funds opened positions while 107 raised stakes. 53.99 million shares or 0.01% more from 53.99 million shares in 2017Q2 were reported. Sector Pension Board has invested 0% in EMCOR Group, Inc. (NYSE:EME). Prudential Financial has 1.10 million shares for 0.13% of their portfolio. Hancock Co owns 26,619 shares. Corbyn Investment Mngmt Md has invested 4.53% of its portfolio in EMCOR Group, Inc. (NYSE:EME). Adage Cap Prtnrs Gp Limited Liability accumulated 0.05% or 316,576 shares. Silvercrest Asset Mngmt Grp Inc Limited Liability Corporation reported 1.09 million shares. Voya Inv invested in 0.13% or 854,123 shares. Vanguard Group Incorporated invested in 0.02% or 4.97M shares. Bancshares Of Ny Mellon, a New York-based fund reported 1.14M shares. Rhumbline Advisers, a Massachusetts-based fund reported 145,296 shares. Gemmer Asset Mgmt reported 0.01% in EMCOR Group, Inc. (NYSE:EME). Public Employees Retirement Association Of Colorado holds 0% or 9,815 shares. Washington-based Cornerstone Advsr has invested 0.02% in EMCOR Group, Inc. (NYSE:EME). The Manitoba – Canada-based Great West Life Assurance Company Can has invested 0.01% in EMCOR Group, Inc. (NYSE:EME). New York-based Train Babcock Advsrs Ltd Com has invested 1.69% in EMCOR Group, Inc. (NYSE:EME).

Among 4 analysts covering EMCOR Group (NYSE:EME), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. EMCOR Group had 15 analyst reports since October 14, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $57 target in Monday, May 2 report. On Friday, October 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, July 5. The rating was maintained by KeyBanc Capital Markets on Thursday, October 5 with “Hold”. Stifel Nicolaus upgraded EMCOR Group, Inc. (NYSE:EME) on Friday, February 24 to “Buy” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, September 20 report. Macquarie Research initiated EMCOR Group, Inc. (NYSE:EME) on Friday, January 13 with “Neutral” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, October 31 report. DA Davidson downgraded the shares of EME in report on Friday, February 26 to “Neutral” rating. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Tuesday, July 19 report.

Since October 30, 2017, it had 0 buys, and 2 insider sales for $4.61 million activity. 49,988 shares were sold by JOHNSON GREGORY E, worth $2.18 million.

The stock increased 1.34% or $0.59 during the last trading session, reaching $44.53. About 2.00 million shares traded. Franklin Resources, Inc. (NYSE:BEN) has risen 19.40% since January 14, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

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