RingCentral, Inc. (RNG) Forms $48.30 Double Top; GasLog Ltd. (GLOG) Covered By 9 Bulls

RingCentral, Inc. (RNG) formed double top with $52.65 target or 9.00% above today’s $48.30 share price. RingCentral, Inc. (RNG) has $3.74B valuation. The stock decreased 1.13% or $0.55 during the last trading session, reaching $48.3. About 160,489 shares traded. RingCentral, Inc. (NYSE:RNG) has risen 80.85% since December 28, 2016 and is uptrending. It has outperformed by 64.15% the S&P500.

Among 13 analysts covering GasLog (NYSE:GLOG), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. GasLog had 30 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Thursday, August 3. The stock has “Overweight” rating by Morgan Stanley on Tuesday, June 13. The stock has “Buy” rating by Jefferies on Monday, December 18. The stock has “Buy” rating by Citigroup on Wednesday, February 15. The stock of GasLog Ltd. (NYSE:GLOG) has “Neutral” rating given on Monday, February 22 by Citigroup. The firm has “Buy” rating given on Thursday, August 3 by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Sunday, October 22. The firm has “Buy” rating given on Friday, September 4 by ABN Amro. Credit Suisse initiated it with “” rating and $21 target in Wednesday, April 26 report. The stock has “Underweight” rating by JP Morgan on Wednesday, March 16. See GasLog Ltd. (NYSE:GLOG) latest ratings:

18/12/2017 Broker: Jefferies Rating: Buy New Target: $20.0 Initiate
02/11/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $19.0 Maintain
22/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $18.0 Maintain
13/09/2017 Broker: DNB Markets Old Rating: Buy New Rating: Hold New Target: $17.8 Downgrade
07/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $18.0 Maintain
05/09/2017 Broker: Jefferies Rating: Buy New Target: $20.0 Maintain
03/08/2017 Broker: Cowen & Co Rating: Buy New Target: $20.0000 Maintain
03/08/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $18.0000 Maintain

Since August 16, 2017, it had 0 insider purchases, and 21 sales for $17.92 million activity. On Wednesday, September 13 the insider Sipes David sold $328,458. Shah Praful had sold 10,000 shares worth $379,800. Williams R Neil had sold 22,000 shares worth $869,000 on Wednesday, August 16. Marlow John H also sold $311,483 worth of RingCentral, Inc. (NYSE:RNG) shares. 73,000 shares were sold by Shmunis Vladimir, worth $3.17M. 3,000 shares were sold by Dhruv Mitesh, worth $143,550 on Tuesday, December 19.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.32, from 1.31 in 2017Q2. It turned negative, as 18 investors sold RingCentral, Inc. shares while 62 reduced holdings. 26 funds opened positions while 53 raised stakes. 55.54 million shares or 2.55% more from 54.16 million shares in 2017Q2 were reported. Pnc Svcs Group Inc Inc stated it has 57,740 shares or 0% of all its holdings. Amer Inc stated it has 41,860 shares or 0.01% of all its holdings. Great West Life Assurance Company Can, Manitoba – Canada-based fund reported 5,200 shares. Envestnet Asset Mngmt holds 0% or 92 shares. Jane Street Grp Ltd invested in 0% or 10,823 shares. Wellington Mngmt Group Incorporated Llp holds 0% or 131,283 shares in its portfolio. 689,812 are held by Vaughan Nelson Investment Mngmt Limited Partnership. Axiom Intl Investors Ltd Com De reported 0.22% stake. Weiss Multi invested in 70,351 shares. Principal Fincl Grp Inc Inc owns 7,363 shares. D E Shaw And invested in 193,523 shares. First Republic Inv Mgmt Incorporated has invested 0% in RingCentral, Inc. (NYSE:RNG). Victory accumulated 2.22 million shares or 0.21% of the stock. 214,101 were accumulated by G2 Inv Prtn Management Ltd Com. Ohio-based Meeder Asset Mgmt has invested 0.01% in RingCentral, Inc. (NYSE:RNG).

Analysts await RingCentral, Inc. (NYSE:RNG) to report earnings on February, 12. They expect $-0.08 EPS, 0.00% or $0.00 from last year’s $-0.08 per share. After $-0.07 actual EPS reported by RingCentral, Inc. for the previous quarter, Wall Street now forecasts 14.29% negative EPS growth.

Among 17 analysts covering RingCentral (NYSE:RNG), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. RingCentral has $52.0 highest and $22 lowest target. $41.64’s average target is -13.79% below currents $48.3 stock price. RingCentral had 50 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Friday, October 6 with “Buy”. The firm has “Outperform” rating given on Wednesday, December 9 by RBC Capital Markets. Northland Capital maintained RingCentral, Inc. (NYSE:RNG) rating on Thursday, July 20. Northland Capital has “Buy” rating and $3700 target. The stock of RingCentral, Inc. (NYSE:RNG) earned “Equal-Weight” rating by Morgan Stanley on Thursday, December 17. The company was initiated on Tuesday, October 6 by RBC Capital Markets. The rating was maintained by Northland Capital with “Buy” on Tuesday, September 5. The firm earned “Hold” rating on Thursday, October 19 by Robert W. Baird. The company was downgraded on Thursday, July 20 by Morgan Stanley. The stock has “Neutral” rating by Robert W. Baird on Friday, August 26. Craig Hallum maintained the stock with “Buy” rating in Thursday, November 9 report.

The stock increased 0.69% or $0.15 during the last trading session, reaching $21.85. About 196,621 shares traded. GasLog Ltd. (NYSE:GLOG) has risen 20.14% since December 28, 2016 and is uptrending. It has outperformed by 3.44% the S&P500.