OM Asset Management plc (OMAM) Reaches $18.34 52-Week High; Profile of 3 Analysts Covering JinkoSolar Holding Co., Ltd. (JKS)

January 14, 2018 - By Linda Rogers

The stock of OM Asset Management plc (NYSE:OMAM) hit a new 52-week high and has $19.62 target or 7.00% above today’s $18.34 share price. The 7 months bullish chart indicates low risk for the $2.01 billion company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $19.62 price target is reached, the company will be worth $140.84 million more. The stock increased 2.80% or $0.5 during the last trading session, reaching $18.34. About 417,070 shares traded. OM Asset Management plc (NYSE:OMAM) has risen 4.82% since January 14, 2017 and is uptrending. It has underperformed by 11.88% the S&P500.

Among 9 analysts covering JinkoSolar Holding Co. (NYSE:JKS), 3 have Buy rating, 4 Sell and 2 Hold. Therefore 33% are positive. JinkoSolar Holding Co. had 17 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was downgraded by Credit Suisse on Tuesday, August 22 to “Neutral”. Roth Capital maintained the shares of JKS in report on Friday, November 20 with “Buy” rating. The rating was initiated by Northland Capital on Friday, December 18 with “Outperform”. The stock of JinkoSolar Holding Co., Ltd. (NYSE:JKS) earned “Buy” rating by Roth Capital on Tuesday, August 25. The stock of JinkoSolar Holding Co., Ltd. (NYSE:JKS) earned “Outperform” rating by Credit Suisse on Monday, March 21. The company was downgraded on Friday, August 5 by Roth Capital. Morgan Stanley downgraded the stock to “Underweight” rating in Friday, May 26 report. TH Capital maintained JinkoSolar Holding Co., Ltd. (NYSE:JKS) rating on Friday, November 20. TH Capital has “Buy” rating and $35 target. The rating was maintained by Credit Suisse with “Hold” on Monday, January 8. On Monday, September 25 the stock rating was maintained by Roth Capital with “Hold”. See JinkoSolar Holding Co., Ltd. (NYSE:JKS) latest ratings:




08/01/2018 Broker: Credit Suisse Rating: Hold New Target: $25.0 Maintain
09/01/2018 Broker: Goldman Sachs Rating: Sell New Target: $16 Initiates Coverage On
25/09/2017 Broker: Roth Capital Rating: Hold New Target: $26.0 Maintain
21/09/2017 Broker: Axiom Capital Rating: Sell New Target: $10 Initiates Coverage On
22/08/2017 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Downgrade

Analysts await OM Asset Management plc (NYSE:OMAM) to report earnings on February, 1. They expect $0.40 earnings per share, up 21.21% or $0.07 from last year’s $0.33 per share. OMAM’s profit will be $43.88 million for 11.46 P/E if the $0.40 EPS becomes a reality. After $0.43 actual earnings per share reported by OM Asset Management plc for the previous quarter, Wall Street now forecasts -6.98% negative EPS growth.

Since August 3, 2017, it had 0 buys, and 4 insider sales for $7.46 million activity. 145,842 shares were sold by BAIN PETER L, worth $2.10M on Thursday, August 3. Another trade for 7,900 shares valued at $127,348 was made by RITCHIE JAMES JOSEPH on Thursday, December 14.

OM Asset Management Limited is a privately owned asset management holding company. The company has market cap of $2.01 billion. The firm provides its services to individuals and institutions. It has a 26.93 P/E ratio. It manages separate client focused portfolios through its subsidiaries.

Among 8 analysts covering OM Asset Mgmt (NYSE:OMAM), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. OM Asset Mgmt had 24 analyst reports since August 7, 2015 according to SRatingsIntel. As per Friday, August 7, the company rating was maintained by Citigroup. The firm has “Buy” rating given on Wednesday, June 15 by Citigroup. RBC Capital Markets maintained it with “Buy” rating and $1800 target in Thursday, August 3 report. The firm earned “Buy” rating on Thursday, November 2 by Keefe Bruyette & Woods. The company was downgraded on Tuesday, January 26 by Morgan Stanley. The stock of OM Asset Management plc (NYSE:OMAM) earned “Outperform” rating by RBC Capital Markets on Friday, August 7. The firm has “Outperform” rating by RBC Capital Markets given on Friday, June 30. On Friday, April 7 the stock rating was maintained by Wood with “Outperform”. RBC Capital Markets maintained it with “Buy” rating and $20.0 target in Friday, December 15 report. The stock of OM Asset Management plc (NYSE:OMAM) has “Buy” rating given on Monday, September 4 by Keefe Bruyette & Woods.

Investors sentiment decreased to 1.36 in 2017 Q3. Its down 1.93, from 3.29 in 2017Q2. It dropped, as 19 investors sold OM Asset Management plc shares while 36 reduced holdings. 15 funds opened positions while 60 raised stakes. 65.61 million shares or 50.26% less from 131.89 million shares in 2017Q2 were reported. Balyasny Asset Management Ltd Liability holds 0.05% of its portfolio in OM Asset Management plc (NYSE:OMAM) for 820,699 shares. Fmr Limited Co has invested 0.02% in OM Asset Management plc (NYSE:OMAM). Mangrove Partners stated it has 2.23% in OM Asset Management plc (NYSE:OMAM). Millennium Ltd Llc owns 2.07M shares. Citigroup has invested 0% of its portfolio in OM Asset Management plc (NYSE:OMAM). Moreover, D E Shaw & Commerce has 0% invested in OM Asset Management plc (NYSE:OMAM). 183,538 are owned by Comerica Natl Bank. Financial Bank Of America Corp De holds 254,002 shares. Sei Investments Company reported 0% stake. Globeflex Capital Lp invested in 2.8% or 659,829 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0% or 1,913 shares. Ajo Lp accumulated 530,287 shares or 0.03% of the stock. Cubist Systematic Strategies Ltd Llc reported 2,579 shares stake. Gsa Prtn Ltd Liability Partnership owns 0.14% invested in OM Asset Management plc (NYSE:OMAM) for 136,606 shares. 35,129 were accumulated by Legal General Grp Pcl.

The stock decreased 0.73% or $0.18 during the last trading session, reaching $24.59. About 431,458 shares traded. JinkoSolar Holding Co., Ltd. (NYSE:JKS) has declined 11.42% since January 14, 2017 and is downtrending. It has underperformed by 28.12% the S&P500.

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