Encompass Health (EHC) Forms $57.24 Double Top; Legg Mason, Inc. (LM) Covered By 7 Bulls

April 13, 2018 - By Shannon Black

Legg Mason, Inc. (NYSE:LM) Logo

Among 15 analysts covering Legg Mason Inc. (NYSE:LM), 7 have Buy rating, 3 Sell and 5 Hold. Therefore 47% are positive. Legg Mason Inc. had 66 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Legg Mason, Inc. (NYSE:LM) earned “Overweight” rating by Barclays Capital on Monday, November 2. The firm has “Buy” rating given on Friday, April 15 by Citigroup. Deutsche Bank maintained Legg Mason, Inc. (NYSE:LM) on Friday, April 6 with “Buy” rating. Jefferies downgraded the stock to “Hold” rating in Wednesday, January 10 report. Susquehanna maintained Legg Mason, Inc. (NYSE:LM) on Thursday, September 3 with “Negative” rating. The firm earned “Underweight” rating on Thursday, October 5 by Morgan Stanley. Keefe Bruyette & Woods maintained Legg Mason, Inc. (NYSE:LM) rating on Friday, November 10. Keefe Bruyette & Woods has “Buy” rating and $46.0 target. The firm earned “Buy” rating on Sunday, August 27 by Keefe Bruyette & Woods. The company was maintained on Monday, May 2 by RBC Capital Markets. The stock of Legg Mason, Inc. (NYSE:LM) has “Neutral” rating given on Thursday, January 25 by Citigroup. See Legg Mason, Inc. (NYSE:LM) latest ratings:

10/04/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $42 New Target: $40 Maintain
06/04/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $46 New Target: $49 Maintain
06/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $48 New Target: $46 Maintain
30/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $40 New Target: $42 Maintain
25/01/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $42 New Target: $44 Maintain
24/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $53.0 Maintain
24/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $57.0 Maintain
24/01/2018 Broker: Jefferies Rating: Hold New Target: $46.0 Maintain
25/01/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $49 New Target: $50 Maintain
10/01/2018 Broker: Jefferies Rating: Hold New Target: $45.0 Downgrade

Encompass Health Corporation (EHC) formed double top with $62.39 target or 9.00% above today’s $57.24 share price. Encompass Health Corporation (EHC) has $5.62B valuation. The stock increased 0.19% or $0.11 during the last trading session, reaching $57.24. About 454,644 shares traded. Encompass Health Corporation (NYSE:EHC) has risen 32.77% since April 13, 2017 and is uptrending. It has outperformed by 21.22% the S&P500.

Analysts await Encompass Health Corporation (NYSE:EHC) to report earnings on April, 26. They expect $0.81 earnings per share, up 15.71% or $0.11 from last year’s $0.7 per share. EHC’s profit will be $79.49M for 17.67 P/E if the $0.81 EPS becomes a reality. After $0.70 actual earnings per share reported by Encompass Health Corporation for the previous quarter, Wall Street now forecasts 15.71% EPS growth.

The stock increased 0.57% or $0.22 during the last trading session, reaching $38.51. About 1.41 million shares traded or 55.35% up from the average. Legg Mason, Inc. (NYSE:LM) has risen 12.20% since April 13, 2017 and is uptrending. It has outperformed by 0.65% the S&P500.

Investors sentiment increased to 1.52 in 2017 Q4. Its up 0.51, from 1.01 in 2017Q3. It improved, as 20 investors sold Legg Mason, Inc. shares while 88 reduced holdings. 60 funds opened positions while 104 raised stakes. 74.56 million shares or 0.52% less from 74.95 million shares in 2017Q3 were reported. Comml Bank Of Montreal Can reported 8,215 shares. Clarkston Capital Prtn Limited Liability Co accumulated 3.30 million shares. Prudential Fincl invested 0% of its portfolio in Legg Mason, Inc. (NYSE:LM). California Public Employees Retirement Systems reported 336,001 shares. Ww Invsts holds 0.01% or 915,285 shares in its portfolio. Amalgamated State Bank holds 0.02% or 16,788 shares. The Georgia-based Suntrust Banks Inc has invested 0% in Legg Mason, Inc. (NYSE:LM). 13,914 were reported by Raymond James Na. Swiss Comml Bank holds 0.01% of its portfolio in Legg Mason, Inc. (NYSE:LM) for 151,447 shares. Rocky Mountain Advisers Limited Liability Com stated it has 133 shares. Bnp Paribas Arbitrage Sa accumulated 136,856 shares. 34,130 are held by Westpac Banking. Cornerstone Mgmt Holdings Ltd Limited Liability Company has 0.13% invested in Legg Mason, Inc. (NYSE:LM) for 437,375 shares. Gabelli Funds Limited Liability Com holds 1.31 million shares or 0.32% of its portfolio. Eaton Vance reported 135,432 shares.

Legg Mason, Inc. (NYSE:LM) Institutional Positions Chart