Marco Investment Management Lowered Its Novartis A G (NVS) Stake; ASOS plc (LON:ASC) Had 14 Analysts Last Week

November 15, 2017 - By wolcottdaily

Marco Investment Management Llc decreased Novartis A G (NVS) stake by 14.86% reported in 2017Q2 SEC filing. Marco Investment Management Llc sold 4,870 shares as Novartis A G (NVS)’s stock rose 4.17%. The Marco Investment Management Llc holds 27,895 shares with $2.33M value, down from 32,765 last quarter. Novartis A G now has $215.66B valuation. The stock declined 0.02% or $0.02 reaching $83.01 per share. About 48,388 shares traded. Novartis AG (ADR) (NYSE:NVS) has risen 7.67% since November 15, 2016 and is uptrending. It has underperformed by 9.03% the S&P500.

Among 24 analysts covering ASOS Plc (LON:ASC), 14 have Buy rating, 2 Sell and 8 Hold. Therefore 58% are positive. ASOS Plc had 227 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Tuesday, August 1. As per Tuesday, July 12, the company rating was maintained by Liberum Capital. The stock of ASOS plc (LON:ASC) has “Hold” rating given on Monday, January 11 by Investec. The stock of ASOS plc (LON:ASC) earned “Hold” rating by Deutsche Bank on Tuesday, January 3. The stock has “Buy” rating by HSBC on Friday, February 5. The stock of ASOS plc (LON:ASC) has “Buy” rating given on Tuesday, November 1 by Societe Generale. The stock of ASOS plc (LON:ASC) earned “Add” rating by Numis Securities on Friday, October 16. The rating was maintained by Nomura with “Neutral” on Monday, October 19. Deutsche Bank maintained the shares of ASC in report on Wednesday, October 18 with “Hold” rating. Cantor Fitzgerald reinitiated the stock with “Hold” rating in Tuesday, October 20 report. See ASOS plc (LON:ASC) latest ratings:




13/11/2017 Broker: Credit Suisse Rating: Neutral Old Target: GBX 5600.00 New Target: GBX 5725.00 Maintain
02/11/2017 Broker: Berenberg Rating: Buy Old Target: GBX 6800.00 New Target: GBX 6800.00 Maintain
02/11/2017 Broker: Shore Capital Rating: Buy Maintain
19/10/2017 Broker: Macquarie Research Rating: Outperform Old Target: GBX 7000.00 New Target: GBX 7000.00 Maintain
18/10/2017 Broker: Beaufort Securities Rating: Buy Maintain
18/10/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 6000.00 New Target: GBX 5800.00 Maintain
18/10/2017 Broker: Barclays Capital Rating: Overweight Maintain
17/10/2017 Broker: Canaccord Genuity Rating: Sell Old Target: GBX 3622.00 New Target: GBX 3622.00 Maintain
17/10/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 6400.00 New Target: GBX 6400.00 Maintain
17/10/2017 Broker: Shore Capital Rating: Buy Maintain

Analysts await Novartis AG (ADR) (NYSE:NVS) to report earnings on January, 24. They expect $1.16 EPS, up 3.57% or $0.04 from last year’s $1.12 per share. NVS’s profit will be $3.01B for 17.89 P/E if the $1.16 EPS becomes a reality. After $1.29 actual EPS reported by Novartis AG (ADR) for the previous quarter, Wall Street now forecasts -10.08% negative EPS growth.

Marco Investment Management Llc increased Endo Intl Plc (NASDAQ:ENDP) stake by 27,500 shares to 139,750 valued at $1.56M in 2017Q2. It also upped Northrop Grumman Corp (NYSE:NOC) stake by 2,850 shares and now owns 6,920 shares. Verizon Communications Inc (NYSE:VZ) was raised too.

Among 15 analysts covering Novartis Ag (NYSE:NVS), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 33% are positive. Novartis Ag has $110 highest and $7700 lowest target. $93.40’s average target is 12.52% above currents $83.01 stock price. Novartis Ag had 33 analyst reports since July 28, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, March 29 by Citigroup. The company was downgraded on Tuesday, April 12 by Morgan Stanley. The firm has “Neutral” rating given on Tuesday, January 3 by JP Morgan. The stock of Novartis AG (ADR) (NYSE:NVS) earned “Overweight” rating by Morgan Stanley on Wednesday, July 26. The firm earned “Hold” rating on Wednesday, August 9 by Cowen & Co. The stock has “Hold” rating by Cowen & Co on Tuesday, July 18. Societe Generale upgraded Novartis AG (ADR) (NYSE:NVS) on Wednesday, March 8 to “Buy” rating. JP Morgan maintained the stock with “Neutral” rating in Wednesday, April 19 report. The firm has “Hold” rating by Argus Research given on Tuesday, April 5. The rating was downgraded by Credit Suisse on Wednesday, January 11 to “Neutral”.

Asos PLC is a global fashion destination for a range of things. The company has market cap of 4.76 billion GBP. The Firm sells and offers a range of fashion-related content on ASOS.com. It has a 74.44 P/E ratio. The Company’s divisions include UK, US, EU and RoW.

About 112,317 shares traded. ASOS plc (LON:ASC) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

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