Market News

Vectren (VVC) Reaches $71.27 52-Week High; Lonmin Plc (LON:LMI) Covered By 3 Bulls

Lonmin Plc (LON:LMI) Logo

Among 22 analysts covering Lonmin PLC (LON:LMI), 3 have Buy rating, 9 Sell and 10 Hold. Therefore 14% are positive. Lonmin PLC had 167 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, December 14 the stock rating was upgraded by Peel Hunt to “Hold”. On Wednesday, January 11 the stock rating was maintained by Peel Hunt with “Sell”. The rating was downgraded by Investec to “Sell” on Wednesday, January 20. The firm has “Hold” rating given on Friday, July 24 by Liberum Capital. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, July 24. The stock has “Sell” rating by Liberum Capital on Monday, May 16. The firm has “Sell” rating by Liberum Capital given on Monday, November 9. The stock of Lonmin Plc (LON:LMI) has “Buy” rating given on Thursday, August 6 by AlphaValue. The firm earned “Overweight” rating on Thursday, February 4 by J.P. Morgan. The rating was maintained by Deutsche Bank on Wednesday, February 17 with “Sell”. See Lonmin Plc (LON:LMI) latest ratings:

16/05/2018 Broker: Citigroup Rating: Sell Maintain
15/05/2018 Broker: Deutsche Bank Rating: Hold Maintain
14/05/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 95.00 Maintain
14/05/2018 Broker: Liberum Capital Rating: Sell Old Target: GBX 40.00 Maintain
10/05/2018 Broker: Liberum Capital Rating: Sell Old Target: GBX 75.00 New Target: GBX 40.00 Downgrade
05/04/2018 Broker: Citigroup Rating: Sell Old Target: GBX 95.00 New Target: GBX 56.00 Maintain
22/01/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 75.00 New Target: GBX 75.00 Maintain
22/01/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 95.00 New Target: GBX 95.00 Maintain
15/01/2018 Broker: Deutsche Bank Rating: Hold Upgrade
10/01/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 85.00 New Target: GBX 95.00 Maintain

The stock of Vectren Corporation (NYSE:VVC) hit a new 52-week high and has $74.83 target or 5.00% above today’s $71.27 share price. The 6 months bullish chart indicates low risk for the $5.92 billion company. The 1-year high was reported on Jun, 19 by Barchart.com. If the $74.83 price target is reached, the company will be worth $296.05 million more. The stock decreased 0.15% or $0.11 during the last trading session, reaching $71.27. About 111,487 shares traded. Vectren Corporation (NYSE:VVC) has risen 13.44% since June 19, 2017 and is uptrending. It has outperformed by 0.87% the S&P500. Some Historical VVC News: ; 23/04/2018 – Lester Shen: Exclusive: CenterPoint Energy Nears Deal to Acquire Vectren-Sources – The New York Times; 23/04/2018 – EXCLUSIVE-CENTERPOINT ENERGY INC CNP.N NEARS DEAL TO ACQUIRE VECTREN CORP VVC.N; 01/05/2018 – VECTREN AFFIRMS 2018 GUIDANCE; 23/04/2018 – CenterPoint, Vectren See Merger Closing by 1Q of 2019; 13/03/2018 – Vectren draws three suitors in second round, sources say [00:51 GMT14 Mar 2018] [Proprietary] []; 23/04/2018 – CENTERPOINT ENERGY & VECTREN TO MERGE; 23/04/2018 – Utility CenterPoint Energy to buy Vectren in $6 bln deal; 01/05/2018 – Vectren Backs 2018 EPS $2.80-EPS $2.90; 13/03/2018 – VECTREN SELECTS SPENCER COUNTY, IND. FOR SOLAR ARRAY; 09/03/2018 – S&P REVISES VECTREN UTILITY HOLDINGS INC. OUTLOOK TO ‘NEGATIVE’ FROM ‘STABLE’; RATING ‘A-‘

The stock decreased 2.41% or GBX 1.1 during the last trading session, reaching GBX 44.5. About 120,131 shares traded. Lonmin Plc (LON:LMI) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

Lonmin Plc explores, mines, refines, and markets platinum group metals in South Africa, the Americas, Asia, and Europe. The company has market cap of 125.82 million GBP. It operates through three divisions: PGM Operations, Evaluation, and Exploration. It currently has negative earnings. The firm explores for platinum, palladium, rhodium, iridium, ruthenium, and gold, as well as chrome, nickel, copper, and cobalt deposits.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.30, from 1.18 in 2017Q4. It is negative, as 34 investors sold Vectren Corporation shares while 110 reduced holdings. 43 funds opened positions while 83 raised stakes. 54.35 million shares or 4.88% more from 51.82 million shares in 2017Q4 were reported. Parametric Assocs Lc has 199,034 shares. Marshall Wace Limited Liability Partnership invested 0.04% in Vectren Corporation (NYSE:VVC). Tennessee-based State Of Tennessee Treasury Department has invested 0.01% in Vectren Corporation (NYSE:VVC). Asset invested 0.01% of its portfolio in Vectren Corporation (NYSE:VVC). Deutsche National Bank & Trust Ag owns 65,230 shares for 0% of their portfolio. Geode Mgmt Ltd reported 734,662 shares or 0.02% of all its holdings. Miller Howard invested in 14,203 shares. The California-based Assetmark has invested 0% in Vectren Corporation (NYSE:VVC). The Ohio-based Bartlett And Llc has invested 0% in Vectren Corporation (NYSE:VVC). Donaldson Capital Management Limited Liability invested 0.25% of its portfolio in Vectren Corporation (NYSE:VVC). Us National Bank De invested in 0.01% or 27,836 shares. Citigroup holds 10,784 shares. Lifeplan Finance Group has invested 0% in Vectren Corporation (NYSE:VVC). Goldman Sachs Gru invested in 245,048 shares or 0% of the stock. Royal Comml Bank Of Canada owns 509,437 shares.

Another recent and important Vectren Corporation (NYSE:VVC) news was published by Businesswire.com which published an article titled: “Bragar Eagel & Squire, PC Reminds Stockholders that it is Investigating the Board of Directors of Vectren Corporation …” on June 18, 2018.

Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other contract customers. The company has market cap of $5.92 billion. The firm offers natural gas distribution and transportation services, and electric transmission and distribution services; and owns and operates coal-fired, natural gas or oil-fired, and landfill gas electric generating facilities with an installed generating capacity of 1,248 megawatts. It currently has negative earnings. The Company’s electric transmission system consists of approximately 1,000 circuit miles of 345, 138, and 69 kilovolt lines, and 34 substations; and distribution system comprises 4,558 circuit miles of lower voltage overhead lines and 436 trench miles of conduit containing 2,386 circuit miles of underground distribution cable, as well as 86 distribution substations and 55,000 distribution transformers.

Vectren Corporation (NYSE:VVC) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *