REV Group (REVG) Investors: Stifel Nicolaus Reconfirms Buy Rating, Sees $29/Share; Comerica (CMA) Has 1 Sentiment

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EU: In a research note issued to clients and investors on 7 May, Stifel Nicolaus restate their Buy rating on shares of REV Group (REVG). They currently have a $29 target price per share on the company. Stifel Nicolaus’s target means a potential upside of 63.93% from the company’s previous stock close.

Comerica Inc (CMA) investors sentiment decreased to 1 in 2017 Q4. It’s down -0.06, from 1.06 in 2017Q3. The ratio worsened, as 204 investment professionals increased or opened new stock positions, while 205 decreased and sold their holdings in Comerica Inc. The investment professionals in our database now hold: 139.03 million shares, down from 139.79 million shares in 2017Q3. Also, the number of investment professionals holding Comerica Inc in top ten stock positions increased from 6 to 7 for an increase of 1. Sold All: 38 Reduced: 167 Increased: 135 New Position: 69.

Analysts await REV Group, Inc. (NYSE:REVG) to report earnings on June, 5. They expect $0.32 EPS, up 10.34% or $0.03 from last year’s $0.29 per share. REVG’s profit will be $20.66 million for 13.82 P/E if the $0.32 EPS becomes a reality. After $0.13 actual EPS reported by REV Group, Inc. for the previous quarter, Wall Street now forecasts 146.15% EPS growth.

The stock increased 1.78% or $0.31 during the last trading session, reaching $17.69. About 272,825 shares traded. REV Group, Inc. (REVG) has declined 23.94% since May 7, 2017 and is downtrending. It has underperformed by 35.49% the S&P500.

REV Group, Inc. designs, manufactures, and distributes specialty vehicles in the United States, Canada, Europe, Africa, the Middle East, and internationally. The company has market cap of $1.14 billion. It operates through three divisions: Fire & Emergency, Commercial, and Recreation. It has a 21.73 P/E ratio. The Fire & Emergency segment offers a range of fire apparatus and ambulance products for municipal fire departments, EMS providers, and private fleets through dealers.

More recent REV Group, Inc. (NYSE:REVG) news were published by: Businesswire.com which released: “REV Group Bus Business, ElDorado National, First to Complete Rigorous 12 Year / 500000 Mile Life Cycle Altoona …” on May 07, 2018. Also Businesswire.com published the news titled: “REV Group Fire Division Introduces AXISâ„¢ Smart Truck Technology for the Fire Service” on May 03, 2018. Streetinsider.com‘s news article titled: “REV Group, Inc. (REVG) Announces Return of Tom Phillips as COO” with publication date: April 10, 2018 was also an interesting one.

Among 10 analysts covering REV Group (REVG), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. REV Group has $38.0 highest and $24.0 lowest target. $30.20’s average target is 70.72% above currents $17.69 stock price. REV Group had 32 analyst reports since February 21, 2017 according to SRatingsIntel. Wells Fargo initiated REV Group, Inc. (NYSE:REVG) on Tuesday, February 21 with “Outperform” rating. Goldman Sachs initiated the stock with “Neutral” rating in Tuesday, February 21 report. The firm has “Buy” rating given on Monday, August 14 by BMO Capital Markets. The company was maintained on Wednesday, June 7 by BMO Capital Markets. Robert W. Baird maintained REV Group, Inc. (NYSE:REVG) on Thursday, September 7 with “Buy” rating. The rating was maintained by Jefferies on Tuesday, April 17 with “Buy”. Stifel Nicolaus initiated REV Group, Inc. (NYSE:REVG) rating on Tuesday, February 21. Stifel Nicolaus has “Buy” rating and $33.0 target. Robert W. Baird maintained it with “Buy” rating and $35.0 target in Wednesday, January 17 report. The firm has “Buy” rating given on Friday, April 13 by Robert W. Baird. The rating was maintained by Credit Suisse with “Outperform” on Friday, March 9.

Since January 1, 0001, it had 0 insider buys, and 12 sales for $26.49 million activity.

More recent Comerica Incorporated (NYSE:CMA) news were published by: Seekingalpha.com which released: “Comerica’s (CMA) CEO Ralph Babb on Q1 2018 Results – Earnings Call Transcript” on April 17, 2018. Also Benzinga.com published the news titled: “Wedbush Turns Bullish On Comerica, Says Bank Is A Sector Standout” on April 09, 2018. Bizjournals.com‘s news article titled: “Deal of the Week: Houston’s largest community bank to acquire competitor for $350M” with publication date: May 04, 2018 was also an interesting one.

Pl Capital Advisors Llc holds 6.32% of its portfolio in Comerica Incorporated for 275,000 shares. Ejf Capital Llc owns 740,000 shares or 5.14% of their US portfolio. Moreover, Forest Hill Capital Llc has 3.28% invested in the company for 133,666 shares. The Massachusetts-based Castine Capital Management Llc has invested 2.9% in the stock. Deroy & Devereaux Private Investment Counsel Inc, a Michigan-based fund reported 313,138 shares.

The stock increased 1.18% or $1.1 during the last trading session, reaching $94.08. About 885,119 shares traded. Comerica Incorporated (CMA) has risen 41.51% since May 7, 2017 and is uptrending. It has outperformed by 29.96% the S&P500.

Comerica Incorporated (NYSE:CMA) Institutional Positions Chart