Antero Resources Midstream Management Llc (AMGP) “Buy” Rating Reiterated by Robert W. Baird; With $26.0000 Target; Sysco Has 0.9 Sentiment

Sysco Corporation (NYSE:SYY) Logo

Equities researchers at Robert W. Baird have $26.0000 target price per share on Antero Resources Midstream Management Llc (AMGP). Robert W. Baird’s target price per share would suggest a potential upside of 67.10% from the company’s last close price. The rating was disclosed to clients in analysts note on Monday, 9 April.

Sysco Corp (SYY) investors sentiment increased to 0.9 in Q4 2017. It’s up 0.12, from 0.78 in 2017Q3. The ratio is positive, as 351 investment professionals increased and started new stock positions, while 391 decreased and sold equity positions in Sysco Corp. The investment professionals in our database reported: 400.42 million shares, down from 409.47 million shares in 2017Q3. Also, the number of investment professionals holding Sysco Corp in top ten stock positions was flat from 12 to 12 for the same number . Sold All: 46 Reduced: 345 Increased: 242 New Position: 109.

The stock increased 0.22% or $0.13 during the last trading session, reaching $59.85. About 3.05 million shares traded or 5.59% up from the average. Sysco Corporation (SYY) has risen 14.07% since April 10, 2017 and is uptrending. It has outperformed by 2.52% the S&P500.

Trian Fund Management L.P. holds 22.86% of its portfolio in Sysco Corporation for 44.50 million shares. Shayne & Co. Llc owns 352,371 shares or 14.7% of their US portfolio. Moreover, Yacktman Asset Management Lp has 4.67% invested in the company for 7.98 million shares. The Tennessee-based Delta Asset Management Llc Tn has invested 3.99% in the stock. Wilkins Investment Counsel Inc, a Massachusetts-based fund reported 199,475 shares.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, Bahamas, Mexico, Costa Rica, Panama, the United Kingdom, France, Sweden, Ireland, Belgium, Spain, and Luxembourg. The company has market cap of $31.24 billion. It operates through three divisions: U.S. It has a 26.87 P/E ratio. Foodservice Operations, International Foodservice Operations, and SYGMA.

Since January 1, 0001, it had 0 insider buys, and 12 selling transactions for $14.92 million activity.

Analysts await Sysco Corporation (NYSE:SYY) to report earnings on May, 14. They expect $0.66 EPS, up 29.41% or $0.15 from last year’s $0.51 per share. SYY’s profit will be $344.47M for 22.67 P/E if the $0.66 EPS becomes a reality. After $0.66 actual EPS reported by Sysco Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Ratings analysis reveals 29% of Sysco’s analysts are positive. Out of 7 Wall Street analysts rating Sysco, 2 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $47.0 while the high is $53.0. The stock’s average target of $49.33 is -17.58% below today’s ($59.85) share price. SYY was included in 7 notes of analysts from September 23, 2016. Pivotal Research maintained the shares of SYY in report on Tuesday, November 8 with “Hold” rating. The stock has “Overweight” rating by JP Morgan on Tuesday, February 7. The firm earned “Neutral” rating on Friday, December 9 by Goldman Sachs. RBC Capital Markets initiated Sysco Corporation (NYSE:SYY) rating on Wednesday, January 25. RBC Capital Markets has “Sector Perform” rating and $47.0 target. The rating was upgraded by Bank of America on Tuesday, November 8 to “Buy”. The rating was downgraded by Credit Suisse to “Neutral” on Wednesday, November 16. On Friday, September 23 the stock rating was initiated by Barclays Capital with “Underweight”.

The stock decreased 0.77% or $0.12 during the last trading session, reaching $15.56. About 602,054 shares traded. Antero Midstream GP LP (AMGP) has 0.00% since April 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Antero Midstream GP LP owns, operates, and develops midstream energy assets in the Marcellus and Utica Shales in West Virginia and Ohio. The company has market cap of $2.90 billion. The company, through its assets, gathering pipelines, compressor stations, processing and fractionation plants, and water handling and treatment systems provide midstream services to Antero Resources Corporation under long term fixed-fee contracts. It has a 444.57 P/E ratio. The firm was formerly known as Antero Resources Midstream Management LLC and changed its name to Antero Midstream GP LP in May 2017.

Analysts await Antero Midstream GP LP (NYSE:AMGP) to report earnings on May, 8. AMGP’s profit will be $20.48 million for 35.36 P/E if the $0.11 EPS becomes a reality. After $0.03 actual earnings per share reported by Antero Midstream GP LP for the previous quarter, Wall Street now forecasts 266.67% EPS growth.

Among 15 analysts covering Antero Midstream GP (AMGP), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Antero Midstream GP has $36.0 highest and $16 lowest target. $25.39’s average target is 63.17% above currents $15.56 stock price. Antero Midstream GP had 31 analyst reports since May 30, 2017 according to SRatingsIntel. The stock of Antero Midstream GP LP (NYSE:AMGP) has “Hold” rating given on Wednesday, August 2 by Stifel Nicolaus. Wells Fargo upgraded Antero Midstream GP LP (NYSE:AMGP) on Monday, November 6 to “Buy” rating. Goldman Sachs downgraded the shares of AMGP in report on Friday, September 8 to “Hold” rating. The stock of Antero Midstream GP LP (NYSE:AMGP) earned “Buy” rating by Stifel Nicolaus on Thursday, September 28. As per Wednesday, December 6, the company rating was upgraded by Citigroup. The company was maintained on Tuesday, August 22 by Robert W. Baird. The firm has “Neutral” rating by Seaport Global given on Monday, April 9. On Monday, August 14 the stock rating was upgraded by Stifel Nicolaus to “Buy”. Robert W. Baird maintained the shares of AMGP in report on Tuesday, January 2 with “Buy” rating. Barclays Capital downgraded the stock to “Equal-Weight” rating in Wednesday, January 17 report.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart