Horizon Bancorp (HBNC) Is At $29.82 Formed Wedge; Last Week Atlantica Yield plc – Ordinary (ABY) Analysts

April 26, 2018 - By John Hoffman

Horizon Bancorp (NASDAQ:HBNC) Logo

Horizon Bancorp (HBNC) formed wedge up with $32.21 target or 8.00% above today’s $29.82 share price. Horizon Bancorp (HBNC) has $762.22M valuation. The stock decreased 1.00% or $0.3 during the last trading session, reaching $29.82. About 45,637 shares traded. Horizon Bancorp (NASDAQ:HBNC) has risen 18.45% since April 26, 2017 and is uptrending. It has outperformed by 6.90% the S&P500.

Among 5 analysts covering Abengoa Yield (NASDAQ:ABY), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Abengoa Yield had 13 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Sunday, October 29 by RBC Capital Markets. RBC Capital Markets maintained Atlantica Yield plc – Ordinary (NASDAQ:ABY) on Monday, November 13 with “Buy” rating. The firm earned “Buy” rating on Tuesday, August 11 by Canaccord Genuity. The rating was downgraded by Morgan Stanley on Wednesday, September 30 to “Equal-Weight”. The company was downgraded on Monday, November 30 by Canaccord Genuity. The company was downgraded on Monday, November 30 by Bank of America. On Monday, August 3 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Atlantica Yield plc – Ordinary (NASDAQ:ABY) has “Neutral” rating given on Tuesday, September 8 by Bank of America. On Sunday, September 24 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating given on Sunday, August 20 by RBC Capital Markets. See Atlantica Yield plc – Ordinary (NASDAQ:ABY) latest ratings:

13/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $26.0 Maintain
29/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $23.0 Maintain

Atlantica Yield plc acquires, owns, and manages renewable energy, conventional power, electric transmission lines and water assets in North America, South America, Spain, Algeria, and South Africa. The company has market cap of $. As of December 31, 2016, it had 21 contracted assets, including 1,442 megawatts of renewable generation assets comprising solar power and wind plants; 300 MW of conventional power generation assets that produce electricity and steam from natural gas; 1,099 miles of electric transmission lines; and desalination plants with an aggregate capacity of 10.5 million cubic feet per day. It currently has negative earnings. The firm was formerly known as Abengoa Yield plc and changed its name to Atlantica Yield plc in May 2016.

The stock increased 0.17% or $0.04 during the last trading session, reaching $23.52. About 620,141 shares traded or Infinity% up from the average. Atlantica Yield plc – Ordinary (NASDAQ:ABY) has 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 10 analysts covering Horizon Bancorp (NASDAQ:HBNC), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Horizon Bancorp had 22 analyst reports since August 7, 2015 according to SRatingsIntel. Sandler O’Neill maintained the shares of HBNC in report on Wednesday, January 3 with “Hold” rating. The rating was initiated by PiperJaffray with “Overweight” on Thursday, October 6. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, January 25 report. The stock of Horizon Bancorp (NASDAQ:HBNC) earned “Mkt Perform” rating by Bruyette & Woods” on Friday, August 7. The stock of Horizon Bancorp (NASDAQ:HBNC) has “Overweight” rating given on Friday, October 2 by Stephens. The rating was upgraded by Bruyette & Woods” to “Outperform” on Friday, August 7. FIG Partners upgraded Horizon Bancorp (NASDAQ:HBNC) on Monday, March 14 to “Outperform” rating. As per Friday, July 28, the company rating was maintained by Piper Jaffray. The firm earned “Buy” rating on Thursday, August 24 by Keefe Bruyette & Woods. The firm has “Overweight” rating by Piper Jaffray given on Thursday, October 6.

Investors sentiment increased to 1.83 in 2017 Q4. Its up 0.13, from 1.7 in 2017Q3. It increased, as 6 investors sold Horizon Bancorp shares while 24 reduced holdings. 15 funds opened positions while 40 raised stakes. 12.17 million shares or 8.67% more from 11.20 million shares in 2017Q3 were reported. Advisory holds 767,690 shares or 0.35% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,028 shares. Sei Investments holds 0% or 13,680 shares. Pl Capital Advisors Lc invested 6.54% of its portfolio in Horizon Bancorp (NASDAQ:HBNC). Foundry Partners Ltd Liability holds 237,902 shares. Manitoba – Canada-based Great West Life Assurance Communications Can has invested 0% in Horizon Bancorp (NASDAQ:HBNC). 327,846 were reported by Jacobs Asset Ltd Limited Liability Company. Group reported 0% in Horizon Bancorp (NASDAQ:HBNC). 26,423 are held by Alliancebernstein Ltd Partnership. Schwab Charles Invest Mgmt stated it has 0% of its portfolio in Horizon Bancorp (NASDAQ:HBNC). Menta Capital Limited Com holds 9,203 shares or 0.05% of its portfolio. Bnp Paribas Arbitrage Sa, a New York-based fund reported 6,802 shares. Pacific Ridge Cap Ptnrs Llc invested in 149,323 shares or 1.1% of the stock. Comerica National Bank invested in 0.04% or 196,291 shares. Bancshares Of Montreal Can has invested 0% in Horizon Bancorp (NASDAQ:HBNC).

Horizon Bancorp (NASDAQ:HBNC) Institutional Positions Chart