Peel Hunt Maintains a “Add” Rating on Chemring Group PLC (LON:CHG) and GBX 210.00 Target; First Fiduciary Investment Counsel Has Trimmed Philip Morris Int’l (PM) Holding

March 20, 2018 - By Shannon Black

In an analyst report revealed to clients and investors on today, Peel Hunt reconfirmed their “Add” rating on Chemring Group PLC (LON:CHG)‘s stock. The target price indicates a potential upside of 3.45% from company’s last stock price.

First Fiduciary Investment Counsel Inc decreased Philip Morris Int’l (PM) stake by 55.23% reported in 2017Q3 SEC filing. First Fiduciary Investment Counsel Inc sold 114,859 shares as Philip Morris Int’l (PM)’s stock rose 10.69%. The First Fiduciary Investment Counsel Inc holds 93,109 shares with $10.34 million value, down from 207,968 last quarter. Philip Morris Int’l now has $158.03B valuation. The stock decreased 1.66% or $1.72 during the last trading session, reaching $101.74. About 4.97M shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since March 20, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.14, from 0.97 in 2017Q2. It improved, as 55 investors sold PM shares while 524 reduced holdings. 112 funds opened positions while 452 raised stakes. 1.10 billion shares or 0.12% more from 1.10 billion shares in 2017Q2 were reported. Waddell And Reed has 5.57 million shares for 1.38% of their portfolio. Natl Pension, Korea-based fund reported 1.18 million shares. Provise Mgmt Gru Ltd Limited Liability Company invested 0.47% in Philip Morris International Inc. (NYSE:PM). New England Private Wealth Advsrs Limited Com invested in 3,059 shares or 0.1% of the stock. Cwm Limited Liability Corp has 0.02% invested in Philip Morris International Inc. (NYSE:PM) for 4,545 shares. Koshinski Asset Mngmt Inc accumulated 2,812 shares. Old Mutual Customised Solutions (Proprietary) Limited owns 26,537 shares. Duncker Streett reported 0.5% in Philip Morris International Inc. (NYSE:PM). Burney Company accumulated 4,580 shares. Sensato Investors Ltd Co stated it has 40,700 shares. Jackson Wealth Mgmt Lc reported 0.61% of its portfolio in Philip Morris International Inc. (NYSE:PM). Boussard & Gavaudan Inv Mngmt Ltd Liability Partnership holds 1.09 million shares. Rand Wealth Ltd Liability Corporation stated it has 0.62% of its portfolio in Philip Morris International Inc. (NYSE:PM). Ballentine Prns Llc holds 0.03% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 5,265 shares. Conning stated it has 0.8% of its portfolio in Philip Morris International Inc. (NYSE:PM).

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on April, 19. They expect $0.87 earnings per share, down 11.22% or $0.11 from last year’s $0.98 per share. PM’s profit will be $1.35B for 29.24 P/E if the $0.87 EPS becomes a reality. After $1.31 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -33.59% negative EPS growth.

Since October 24, 2017, it had 0 buys, and 3 sales for $18.32 million activity. $11.81 million worth of stock was sold by CAMILLERI LOUIS C on Tuesday, October 24. FIRESTONE MARC S sold 13,650 shares worth $1.43 million. $5.08M worth of Philip Morris International Inc. (NYSE:PM) was sold by CALANTZOPOULOS ANDRE.

Among 19 analysts covering Philip Morris International (NYSE:PM), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Philip Morris International has $140.0 highest and $80 lowest target. $113.27’s average target is 11.33% above currents $101.74 stock price. Philip Morris International had 55 analyst reports since August 24, 2015 according to SRatingsIntel. Jefferies maintained the shares of PM in report on Tuesday, June 20 with “Hold” rating. The stock has “Buy” rating by Cowen & Co on Thursday, July 20. Stifel Nicolaus maintained the shares of PM in report on Thursday, August 31 with “Buy” rating. The firm has “Buy” rating by Cowen & Co given on Friday, February 9. The stock of Philip Morris International Inc. (NYSE:PM) earned “Buy” rating by Wells Fargo on Wednesday, November 15. As per Monday, October 3, the company rating was maintained by Goldman Sachs. The firm has “Buy” rating by Bank of America given on Thursday, March 24. Stifel Nicolaus maintained Philip Morris International Inc. (NYSE:PM) rating on Wednesday, January 10. Stifel Nicolaus has “Buy” rating and $125.0 target. The firm has “Buy” rating given on Monday, September 12 by Goldman Sachs. The rating was maintained by Bank of America on Friday, October 20 with “Neutral”.

Chemring Group PLC develops, manufactures, and sells protection solutions for defense and security markets worldwide. The company has market cap of 569.51 million GBP. It operates through three divisions: Countermeasures, Sensors & Electronics, and Energetic Systems. It has a 88.48 P/E ratio. The Countermeasures segment designs, develops, makes, and sells expendable countermeasures for protecting air, sea, and land platforms; and land–based electronic warfare equipment.

The stock increased 2.99% or GBX 5.9 during the last trading session, reaching GBX 203.5. About 21,380 shares traded. Chemring Group plc (LON:CHG) has 0.00% since March 20, 2017 and is . It has underperformed by 16.70% the S&P500.

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