GP Strategies (GPX) Is At $21.80 Formed Wedge; Last Week Camden National (CAC) Coverage

Camden National Corporation (NASDAQ:CAC) Logo

Among 3 analysts covering Camden National Corp. (NASDAQ:CAC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Camden National Corp. had 11 analyst reports since September 14, 2015 according to SRatingsIntel. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, June 1. Piper Jaffray maintained it with “Buy” rating and $46.0 target in Tuesday, October 31 report. Piper Jaffray maintained the shares of CAC in report on Friday, December 4 with “Overweight” rating. The rating was initiated by Piper Jaffray with “Overweight” on Wednesday, September 16. Keefe Bruyette & Woods initiated it with “Outperform” rating and $47 target in Monday, September 14 report. The rating was maintained by Keefe Bruyette & Woods on Tuesday, October 3 with “Buy”. PiperJaffray maintained it with “Overweight” rating and $51 target in Friday, February 2 report. The stock of Camden National Corporation (NASDAQ:CAC) has “Buy” rating given on Tuesday, August 8 by Piper Jaffray. The stock has “Hold” rating by Keefe Bruyette & Woods on Wednesday, November 1. See Camden National Corporation (NASDAQ:CAC) latest ratings:

02/02/2018 Broker: PiperJaffray Old Rating: Overweight New Rating: Overweight Old Target: $50.5 New Target: $51 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $48.0 Maintain
01/11/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $46.0 Downgrade
31/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $46.0 Maintain

GP Strategies Corporation (GPX) formed wedge down with $19.84 target or 9.00% below today’s $21.80 share price. GP Strategies Corporation (GPX) has $361.71M valuation. The stock decreased 1.36% or $0.3 during the last trading session, reaching $21.8. About 43,061 shares traded. GP Strategies Corporation (NYSE:GPX) has declined 8.19% since April 9, 2017 and is downtrending. It has underperformed by 19.74% the S&P500.

Investors sentiment increased to 1.84 in 2017 Q4. Its up 0.52, from 1.32 in 2017Q3. It improved, as 8 investors sold GP Strategies Corporation shares while 17 reduced holdings. 17 funds opened positions while 29 raised stakes. 14.26 million shares or 1.85% less from 14.53 million shares in 2017Q3 were reported. Ny State Teachers Retirement Systems holds 0% of its portfolio in GP Strategies Corporation (NYSE:GPX) for 1,100 shares. Cadence Cap Mngmt Limited Liability Company owns 49,439 shares. Massachusetts-based Cubic Asset Management Ltd Liability has invested 0.08% in GP Strategies Corporation (NYSE:GPX). Moreover, Citadel Ltd Liability has 0% invested in GP Strategies Corporation (NYSE:GPX) for 10,828 shares. Caprock Gp owns 22,100 shares. First Interstate Bank & Trust invested in 0.04% or 8,030 shares. Financial Bank Of America De invested 0% of its portfolio in GP Strategies Corporation (NYSE:GPX). Metropolitan Life Com reported 4,627 shares or 0% of all its holdings. Rice Hall James & Associates Limited holds 0.07% in GP Strategies Corporation (NYSE:GPX) or 79,416 shares. Great West Life Assurance Can holds 3,589 shares or 0% of its portfolio. 108,719 were accumulated by Deutsche Financial Bank Ag. 21,402 were accumulated by Wells Fargo Com Mn. Oppenheimer Asset reported 0.03% in GP Strategies Corporation (NYSE:GPX). Northpointe Cap Ltd holds 0.44% or 169,456 shares in its portfolio. Wellington Group Llp reported 919,632 shares stake.

Analysts await GP Strategies Corporation (NYSE:GPX) to report earnings on May, 1. They expect $0.22 EPS, down 8.33% or $0.02 from last year’s $0.24 per share. GPX’s profit will be $3.65 million for 24.77 P/E if the $0.22 EPS becomes a reality. After $0.38 actual EPS reported by GP Strategies Corporation for the previous quarter, Wall Street now forecasts -42.11% negative EPS growth.

Among 6 analysts covering GP Strategies (NYSE:GPX), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. GP Strategies had 15 analyst reports since August 3, 2015 according to SRatingsIntel. As per Tuesday, February 27, the company rating was maintained by FBR Capital. The rating was maintained by Barrington on Monday, February 26 with “Buy”. The company was upgraded on Thursday, October 29 by TH Capital. On Friday, July 28 the stock rating was maintained by Barrington Research with “Outperform”. Roth Capital maintained it with “Buy” rating and $3000 target in Thursday, July 27 report. The rating was maintained by Roth Capital on Thursday, March 1 with “Buy”. The firm has “Buy” rating given on Thursday, November 2 by Roth Capital. The firm has “Neutral” rating given on Monday, August 3 by TH Capital. The stock of GP Strategies Corporation (NYSE:GPX) has “Buy” rating given on Thursday, October 29 by Roth Capital. The company was downgraded on Wednesday, November 2 by B. Riley & Co.

Camden National Corporation operates as the holding firm for Camden National Bank that provides commercial and consumer banking services and products to consumer, institutional, municipal, non-profit, and commercial customers. The company has market cap of $683.60 million. It offers various deposit products, including demand, interest checking, saving, and money market accounts. It has a 24.12 P/E ratio. The firm also originates single family and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties.

The stock decreased 2.55% or $1.15 during the last trading session, reaching $43.89. About 20,685 shares traded. Camden National Corporation (NASDAQ:CAC) has risen 3.55% since April 9, 2017 and is uptrending. It has underperformed by 8.00% the S&P500.

GP Strategies Corporation (NYSE:GPX) Institutional Positions Chart