Allergan plc (AGN) Forms $176.05 Double Bottom; Amerisafe (AMSF) SI Decreased By 1.72%

Allergan plc (AGN) formed double bottom with $167.25 target or 5.00% below today’s $176.05 share price. Allergan plc (AGN) has $58.55 billion valuation. The stock decreased 0.60% or $1.07 during the last trading session, reaching $176.05. About 2.80 million shares traded. Allergan plc (NYSE:AGN) has declined 3.42% since January 14, 2017 and is downtrending. It has underperformed by 20.12% the S&P500.

Amerisafe Incorporated (NASDAQ:AMSF) had a decrease of 1.72% in short interest. AMSF’s SI was 896,600 shares in January as released by FINRA. Its down 1.72% from 912,300 shares previously. With 68,600 avg volume, 13 days are for Amerisafe Incorporated (NASDAQ:AMSF)’s short sellers to cover AMSF’s short positions. The SI to Amerisafe Incorporated’s float is 4.79%. The stock decreased 0.74% or $0.45 during the last trading session, reaching $60.6. About 114,930 shares traded or 19.94% up from the average. Amerisafe, Inc. (NASDAQ:AMSF) has declined 3.80% since January 14, 2017 and is downtrending. It has underperformed by 20.50% the S&P500.

Analysts await Allergan plc (NYSE:AGN) to report earnings on February, 14. They expect $4.73 EPS, up 21.28% or $0.83 from last year’s $3.9 per share. AGN’s profit will be $1.57 billion for 9.30 P/E if the $4.73 EPS becomes a reality. After $4.15 actual EPS reported by Allergan plc for the previous quarter, Wall Street now forecasts 13.98% EPS growth.

Investors sentiment decreased to 0.33 in 2017 Q3. Its down 0.05, from 0.38 in 2017Q2. It dropped, as 3 investors sold Allergan plc shares while 3 reduced holdings. 0 funds opened positions while 2 raised stakes. 54,287 shares or 4.93% less from 57,100 shares in 2017Q2 were reported. Mitchell Mcleod Pugh Williams owns 3,975 shares for 0.6% of their portfolio. Grassi Mngmt invested 0.24% of its portfolio in Allergan plc (NYSE:AGN). American Rech & Mgmt owns 33 shares for 0% of their portfolio. Eqis Mngmt holds 0.09% or 7,802 shares in its portfolio. Cubic Asset Mngmt Limited Liability Co has 0.13% invested in Allergan plc (NYSE:AGN). Frontier Invest Mngmt has invested 0.51% in Allergan plc (NYSE:AGN). California-based Gemmer Asset Mngmt Lc has invested 0.01% in Allergan plc (NYSE:AGN). 2,086 were reported by Dowling And Yahnke Ltd Liability. Connors Investor accumulated 1,000 shares.

Among 26 analysts covering Allergan Inc. (NYSE:AGN), 17 have Buy rating, 0 Sell and 9 Hold. Therefore 65% are positive. Allergan Inc. has $400 highest and $193.0 lowest target. $269’s average target is 52.80% above currents $176.05 stock price. Allergan Inc. had 101 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, November 6 with “Outperform”. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 14. The stock has “Buy” rating by Deutsche Bank on Friday, August 7. The firm earned “Buy” rating on Friday, August 19 by Mizuho. The firm earned “Outperform” rating on Thursday, April 7 by Raymond James. The stock of Allergan plc (NYSE:AGN) earned “Neutral” rating by Goldman Sachs on Wednesday, May 10. Leerink Swann maintained Allergan plc (NYSE:AGN) on Wednesday, October 28 with “Outperform” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, September 20. The firm earned “Buy” rating on Monday, April 18 by Goldman Sachs. The company was maintained on Thursday, November 3 by Morgan Stanley.

AMERISAFE, Inc., an insurance holding company, provides workersÂ’ compensation insurance in the United States. The company has market cap of $1.17 billion. The Company’s workersÂ’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It has a 18.04 P/E ratio. The firm serves small to mid-sized employers involved in construction, trucking, logging and lumber, manufacturing, agriculture, maritime, gas and oil, and other industries through agencies.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.02, from 1.09 in 2017Q2. It improved, as 9 investors sold Amerisafe, Inc. shares while 46 reduced holdings. 14 funds opened positions while 47 raised stakes. 18.49 million shares or 2.53% less from 18.97 million shares in 2017Q2 were reported. Natl Bank Of America De reported 158,065 shares. Parametric Port Assocs Ltd Liability Corporation has 0% invested in Amerisafe, Inc. (NASDAQ:AMSF) for 26,086 shares. 34,131 were accumulated by Gsa Cap Partners Limited Liability Partnership. 161 were accumulated by Tortoise Investment Mgmt Lc. Bridgeway Cap Management Inc holds 0.02% of its portfolio in Amerisafe, Inc. (NASDAQ:AMSF) for 23,300 shares. State Of Tennessee Treasury Department holds 16,976 shares. California State Teachers Retirement Systems owns 30,564 shares or 0% of their US portfolio. Royal Bankshares Of Canada owns 0.03% invested in Amerisafe, Inc. (NASDAQ:AMSF) for 1.10M shares. Credit Suisse Ag, a Switzerland-based fund reported 30,799 shares. Rhumbline Advisers reported 0.01% of its portfolio in Amerisafe, Inc. (NASDAQ:AMSF). Invesco Limited has invested 0% of its portfolio in Amerisafe, Inc. (NASDAQ:AMSF). Principal Fincl Grp invested in 154,478 shares or 0.01% of the stock. Ny State Common Retirement Fund holds 36,158 shares. Geode Capital Limited Liability Co accumulated 0% or 168,315 shares. 35,364 are held by Legal General Group Public Limited Com.

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