Ashmore Group PLC (LON:ASHM) Stock “Buy” Rating Reiterated at Berenberg; The Price Objective Given is GBX 440.00; Huntington Ingalls Industries (HII) Sentiment Is 0.82

February 12, 2018 - By Annabelle Johnson

Huntington Ingalls Industries, Inc. engages in designing, building, overhauling, and repairing ships in the United States. The company has market cap of $10.42 billion. It operates through three divisions: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. It has a 17.34 P/E ratio. The firm is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S.

They currently have a GBX 440.00 TP on Ashmore Group PLC (LON:ASHM). Berenberg’s target would suggest a potential upside of 11.08% from the company’s last stock close price. This was revealed in a report on 12 February.

Ratings analysis reveals 33% of Huntington Ingalls’s analysts are positive. Out of 3 Wall Street analysts rating Huntington Ingalls, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. HII was included in 3 notes of analysts from January 12, 2017. Stifel Nicolaus maintained Huntington Ingalls Industries, Inc. (NYSE:HII) on Friday, February 17 with “Sell” rating. The firm has “Buy” rating by Bank of America given on Thursday, January 12. The stock has “Neutral” rating by Citigroup on Wednesday, March 1.

The stock increased 2.19% or $4.94 during the last trading session, reaching $230.31. About 499,586 shares traded. Huntington Ingalls Industries, Inc. (HII) has risen 26.91% since February 12, 2017 and is uptrending. It has outperformed by 10.21% the S&P500.

Discovery Capital Management Llc Ct holds 1.89% of its portfolio in Huntington Ingalls Industries, Inc. for 350,000 shares. Marietta Investment Partners Llc owns 26,482 shares or 1.8% of their US portfolio. Moreover, Boyer & Corporon Wealth Management Llc has 1.71% invested in the company for 18,043 shares. The Pennsylvania-based Cookson Peirce & Co Inc has invested 1.44% in the stock. Palo Capital Inc., a California-based fund reported 10,879 shares.

Analysts await Huntington Ingalls Industries, Inc. (NYSE:HII) to report earnings on February, 15. They expect $2.88 earnings per share, down 21.53% or $0.79 from last year’s $3.67 per share. HII’s profit will be $130.35M for 19.99 P/E if the $2.88 EPS becomes a reality. After $3.27 actual earnings per share reported by Huntington Ingalls Industries, Inc. for the previous quarter, Wall Street now forecasts -11.93% negative EPS growth.

Ashmore Group plc is a publicly owned investment manager. The company has market cap of 2.63 billion GBP. The firm primarily provides its services to retail and institutional clients. It has a 18.62 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

Among 20 analysts covering Ashmore Group PLC (LON:ASHM), 5 have Buy rating, 5 Sell and 10 Hold. Therefore 25% are positive. Ashmore Group PLC has GBX 450 highest and GBX 181 lowest target. GBX 360.63’s average target is -8.28% below currents GBX 393.2 stock price. Ashmore Group PLC had 211 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, April 10. BNP Paribas maintained the stock with “Underperform” rating in Friday, August 26 report. Goldman Sachs maintained the stock with “Buy” rating in Tuesday, August 16 report. Liberum Capital maintained it with “Hold” rating and GBX 338 target in Tuesday, April 18 report. The stock of Ashmore Group PLC (LON:ASHM) earned “Neutral” rating by Goldman Sachs on Monday, July 4. As per Friday, October 14, the company rating was maintained by Liberum Capital. Liberum Capital maintained Ashmore Group PLC (LON:ASHM) rating on Tuesday, September 6. Liberum Capital has “Sell” rating and GBX 240 target. As per Tuesday, December 13, the company rating was maintained by Goldman Sachs. The stock of Ashmore Group PLC (LON:ASHM) has “Hold” rating given on Wednesday, July 6 by Jefferies. The firm has “Buy” rating by Goldman Sachs given on Tuesday, May 30.

The stock increased 1.71% or GBX 6.6 during the last trading session, reaching GBX 393.2. About 392,261 shares traded. Ashmore Group PLC (LON:ASHM) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.