Deutsche Bank Upgraded Workspace Group Plc (LON:WKP); Sysco (SYY)’s Sentiment Is 0.9

Sysco Corporation (NYSE:SYY) Logo

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

Deutsche Bank boosted the shares of Workspace Group Plc (LON:WKP) to a Buy rating in a note shared with investors on Tuesday morning. The company currently has GBX 1200.00 PT on the stock.

Among 11 analysts covering Workspace Group (LON:WKP), 7 have Buy rating, 1 Sell and 3 Hold. Therefore 64% are positive. Workspace Group has GBX 1150 highest and GBX 600 lowest target. GBX 1008.36’s average target is -9.26% below currents GBX 1111.31 stock price. Workspace Group had 128 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, June 7 the stock rating was maintained by Peel Hunt with “Buy”. Deutsche Bank maintained it with “Buy” rating and GBX 1150 target in Thursday, June 9 report. The stock has “Buy” rating by Peel Hunt on Friday, January 22. Liberum Capital maintained Workspace Group plc (LON:WKP) rating on Monday, September 19. Liberum Capital has “Buy” rating and GBX 1050 target. The rating was maintained by Liberum Capital with “Buy” on Friday, February 3. Liberum Capital maintained the stock with “Buy” rating in Monday, April 23 report. The stock of Workspace Group plc (LON:WKP) has “Buy” rating given on Friday, October 16 by Liberum Capital. The firm has “Buy” rating given on Friday, July 28 by Liberum Capital. The stock of Workspace Group plc (LON:WKP) has “Hold” rating given on Tuesday, August 16 by Numis Securities. The firm has “Buy” rating given on Thursday, March 22 by Peel Hunt.

The stock increased 0.21% or GBX 2.31 during the last trading session, reaching GBX 1111.31. About 4,542 shares traded. Workspace Group plc (LON:WKP) has 0.00% since May 1, 2017 and is . It has underperformed by 11.55% the S&P500.

Workspace Group PLC, a real estate investment trust , engages in property investment in the form of letting of business accommodation to small and medium sized enterprises in London and the South East of England. The company has market cap of 1.82 billion GBP. It offers space for serviced offices, offices, studios, workshops, and light industrial units. It has a 8.98 P/E ratio. The firm owns 100 estates, comprising approximately 5.77 million square feet, and provides accommodation for 4,000 small businesses in London and the South East.

Since January 1, 0001, it had 0 insider buys, and 12 selling transactions for $14.65 million activity.

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.

The stock decreased 1.33% or $0.84 during the last trading session, reaching $62.54. About 2.94M shares traded or 1.37% up from the average. Sysco Corporation (SYY) has risen 14.07% since May 1, 2017 and is uptrending. It has outperformed by 2.52% the S&P500.

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 -21.12% below today’s ($62.54) share price. SYY was included in 7 notes of analysts from September 23, 2016. The firm has “Buy” rating given on Tuesday, November 8 by Bank of America. RBC Capital Markets initiated Sysco Corporation (NYSE:SYY) on Wednesday, January 25 with “Sector Perform” rating. The stock of Sysco Corporation (NYSE:SYY) earned “Neutral” rating by Credit Suisse on Wednesday, November 16. As per Tuesday, February 7, the company rating was upgraded by JP Morgan. The firm has “Underweight” rating by Barclays Capital given on Friday, September 23. On Friday, December 9 the stock rating was upgraded by Goldman Sachs to “Neutral”. Pivotal Research maintained Sysco Corporation (NYSE:SYY) rating on Tuesday, November 8. Pivotal Research has “Hold” rating and $53.0 target.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart