Stifel Nicolaus Keeps Noble Energy (NBL) As “Buy”; Has PT Of $39.0000, Seven Eight Capital Cut Its Conagra Brands (CAG) Position

July 17, 2017 - By Clifton Ray

Among 25 analysts covering Noble Energy Inc. (NYSE:NBL), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Noble Energy Inc. has $60 highest and $3.50 lowest target. $42.90’s average target is 51.80% above currents $28.26 stock price. Noble Energy Inc. had 61 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Wednesday, June 21 by Seaport Global. The firm has “Buy” rating given on Friday, September 11 by Jefferies. Wunderlich maintained the stock with “Buy” rating in Wednesday, July 6 report. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, June 21 report. The stock has “Overweight” rating by Morgan Stanley on Monday, September 21. The firm earned “Buy” rating on Friday, September 4 by Wunderlich. As per Tuesday, June 7, the company rating was upgraded by Seaport Global. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, January 4 report. The stock of Noble Energy, Inc. (NYSE:NBL) has “Buy” rating given on Tuesday, November 3 by UBS. The stock of Noble Energy, Inc. (NYSE:NBL) has “Buy” rating given on Thursday, May 11 by Bank of America.

Seven Eight Capital Llc decreased Conagra Brands Inc (CAG) stake by 54.45% reported in 2016Q4 SEC filing. Seven Eight Capital Llc sold 37,800 shares as Conagra Brands Inc (CAG)’s stock declined 4.77%. The Seven Eight Capital Llc holds 31,623 shares with $1.25M value, down from 69,423 last quarter. Conagra Brands Inc now has $14.31 billion valuation. The stock increased 0.18% or $0.06 on July 14, reaching $33.58. About shares traded. Conagra Brands Inc (NYSE:CAG) has risen 8.39% since July 17, 2016 and is uptrending. It has underperformed by 8.31% the S&P500.

Since March 29, 2017, it had 0 insider purchases, and 1 sale for $245,528 activity. MARSHALL RUTH ANN sold $245,528 worth of stock or 6,046 shares.

Investors sentiment increased to 1.07 in Q4 2016. Its up 0.10, from 0.97 in 2016Q3. It increased, as 57 investors sold CAG shares while 203 reduced holdings. 63 funds opened positions while 214 raised stakes. 322.35 million shares or 0.59% more from 320.45 million shares in 2016Q3 were reported. New York-based Bnp Paribas Arbitrage Sa has invested 0.04% in Conagra Brands Inc (NYSE:CAG). Fort Washington Oh reported 19,166 shares stake. American Century Companies stated it has 5.42M shares or 0.23% of all its holdings. 24,706 are owned by Leavell Investment Incorporated. Sandy Spring State Bank stated it has 0% in Conagra Brands Inc (NYSE:CAG). M&T Bancorporation Corp reported 43,819 shares. Preferred Ltd holds 0.03% or 1,365 shares in its portfolio. Clearbridge Investments Limited Liability Corporation, New York-based fund reported 1,847 shares. Highlander Capital Management Lc stated it has 250 shares. Ubs Oconnor Ltd Liability Com holds 0% in Conagra Brands Inc (NYSE:CAG) or 1.77 million shares. Compass Management has 0.16% invested in Conagra Brands Inc (NYSE:CAG). Natl Bank has 0.03% invested in Conagra Brands Inc (NYSE:CAG) for 6,650 shares. Fund Management Sa reported 581,815 shares. Huber Cap Management Lc has invested 0.8% in Conagra Brands Inc (NYSE:CAG). Capstone Asset Mngmt Co invested in 0.05% or 42,089 shares.

Among 13 analysts covering ConAgra Foods (NYSE:CAG), 7 have Buy rating, 2 Sell and 4 Hold. Therefore 54% are positive. ConAgra Foods had 32 analyst reports since September 16, 2015 according to SRatingsIntel. The rating was upgraded by Citigroup on Wednesday, January 11 to “Buy”. The company was maintained on Friday, June 30 by UBS. On Friday, February 12 the stock rating was upgraded by Bank of America to “Buy”. UBS initiated Conagra Brands Inc (NYSE:CAG) rating on Monday, November 14. UBS has “Neutral” rating and $36 target. Credit Suisse maintained Conagra Brands Inc (NYSE:CAG) rating on Friday, June 30. Credit Suisse has “Hold” rating and $3900 target. The stock of Conagra Brands Inc (NYSE:CAG) has “Sector Perform” rating given on Friday, July 1 by RBC Capital Markets. The rating was maintained by Deutsche Bank on Friday, April 8 with “Hold”. Jefferies maintained the stock with “Buy” rating in Friday, July 14 report. The firm earned “Hold” rating on Friday, September 25 by Deutsche Bank. TheStreet downgraded the shares of CAG in report on Thursday, September 24 to “Hold” rating.

Seven Eight Capital Llc increased Pinnacle Foods Inc Del (NYSE:PF) stake by 31,700 shares to 51,248 valued at $2.74M in 2016Q4. It also upped Kennametal Inc (NYSE:KMT) stake by 35,400 shares and now owns 50,700 shares. Time Warner Inc (NYSE:TWX) was raised too.

Analysts await Conagra Brands Inc (NYSE:CAG) to report earnings on October, 5. They expect $0.40 earnings per share, down 34.43% or $0.21 from last year’s $0.61 per share. CAG’s profit will be $170.46 million for 20.99 P/E if the $0.40 EPS becomes a reality. After $0.37 actual earnings per share reported by Conagra Brands Inc for the previous quarter, Wall Street now forecasts 8.11% EPS growth.

Since January 30, 2017, it had 0 buys, and 3 selling transactions for $2.83 million activity. 48,610 shares were sold by STOVER DAVID L, worth $1.93 million. Another trade for 3,000 shares valued at $118,530 was made by CAWLEY MICHAEL A on Tuesday, February 7. Shares for $788,210 were sold by BERENSON JEFFREY L on Friday, March 10.

The stock increased 0.21% or $0.06 on July 14, reaching $28.26. About shares traded. Noble Energy, Inc. (NYSE:NBL) has declined 10.36% since July 17, 2016 and is downtrending. It has underperformed by 27.06% the S&P500.

Investors sentiment decreased to 1.1 in Q4 2016. Its down 0.01, from 1.11 in 2016Q3. It dropped, as 36 investors sold Noble Energy, Inc. shares while 174 reduced holdings. 69 funds opened positions while 161 raised stakes. 408.41 million shares or 2.68% more from 397.76 million shares in 2016Q3 were reported. Gabelli Funds, a New York-based fund reported 229,854 shares. 188 are owned by City Hldg Commerce. Legal And General Grp Plc accumulated 1.96M shares. Texas Permanent School Fund stated it has 128,417 shares or 0.07% of all its holdings. Conning Inc, a Connecticut-based fund reported 10,398 shares. Investec Asset Mgmt North America accumulated 254,185 shares. Everence Cap Mngmt holds 19,793 shares or 0.22% of its portfolio. Commerzbank Aktiengesellschaft Fi holds 15,363 shares. Moreover, Morgan Stanley has 0.03% invested in Noble Energy, Inc. (NYSE:NBL) for 2.40 million shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt has invested 0.03% in Noble Energy, Inc. (NYSE:NBL). Beach Investment Counsel Pa holds 0.22% or 51,330 shares in its portfolio. Prudential Financial Inc has 1.10 million shares. 39,799 are owned by M&T National Bank & Trust Corp. S&Co owns 7,890 shares or 0.05% of their US portfolio. Jacobs Levy Equity Mngmt Incorporated has 55,708 shares.

Noble Energy, Inc. is an independent energy company. The company has market cap of $13.78 billion. The Firm is engaged in crude oil, natural gas and natural gas and natural gas liquids exploration, development, production and acquisition. It currently has negative earnings. The Company’s divisions include: United States, including the onshore DJ Basin, Permian Basin, Eagle Ford Shale, Marcellus Shale and offshore deepwater Gulf of Mexico, as well as the consolidated accounts of Noble Midstream Partners LP (Noble Midstream Partners); Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea, Cameroon and Gabon, and Other International and Corporate, including new ventures, such as offshore the Falkland Islands, Suriname and Newfoundland.

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