-25.87% to Target, Credit Suisse Keeps “Underperform” Rating for Royal Mail Plc (LON:RMG) Stock; 2 Analysts Covering Dril-Quip, Inc. (DRQ)

London: In a research report shared with investors and clients on Wednesday, 21 February, Credit Suisse maintained their “Underperform” rating on shares of Royal Mail Plc (LON:RMG). They currently have a GBX 420.00 PT on the company. Credit Suisse’s target gives a potential downside of -25.87% from the company’s previous stock close.

Among 14 analysts covering Dril Quip (NYSE:DRQ), 2 have Buy rating, 0 Sell and 12 Hold. Therefore 14% are positive. Dril Quip had 38 analyst reports since July 31, 2015 according to SRatingsIntel. Barclays Capital downgraded it to “Equal Weight” rating and $57 target in Monday, May 1 report. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Sector Outperform” rating given on Friday, July 31 by Howard Weil. As per Monday, January 9, the company rating was upgraded by Barclays Capital. The firm has “Market Perform” rating by Cowen & Co given on Friday, July 31. The rating was maintained by Cowen & Co with “Market Perform” on Wednesday, April 27. The firm has “Neutral” rating by Suntrust Robinson given on Wednesday, February 24. The firm earned “Sector Perform” rating on Friday, July 29 by Howard Weil. The firm has “Neutral” rating by Bank of America given on Friday, July 31. Cowen & Co maintained Dril-Quip, Inc. (NYSE:DRQ) rating on Monday, November 2. Cowen & Co has “Market Perform” rating and $61 target. The stock has “Neutral” rating by Guggenheim on Wednesday, March 1. See Dril-Quip, Inc. (NYSE:DRQ) latest ratings:

11/01/2018 Broker: Cowen & Co Rating: Hold New Target: $45.0 Maintain
30/10/2017 Broker: Cowen & Co Rating: Hold New Target: $39.0 Maintain
19/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $40.0 Maintain
20/10/2017 Broker: Gabelli Rating: Hold New Target: $43 Initiates Coverage On
10/10/2017 Broker: FBR Capital Rating: Buy New Target: $55.0 Upgrade
06/10/2017 Broker: Cowen & Co Rating: Hold New Target: $43.0 Maintain

Dril-Quip, Inc., together with its subsidiaries, designs, makes, sells, and services offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company has market cap of $1.79 billion. It operates through three divisions: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. It currently has negative earnings. The companyÂ’s principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, and diverters, as well as consumable downhole products.

The stock increased 0.35% or $0.1625 during the last trading session, reaching $47.2625. About 45,347 shares traded. Dril-Quip, Inc. (NYSE:DRQ) has declined 8.80% since February 21, 2017 and is downtrending. It has underperformed by 25.50% the S&P500.

Since October 2, 2017, it had 0 buys, and 8 sales for $1.74 million activity. $86,980 worth of Dril-Quip, Inc. (NYSE:DRQ) was sold by DeBerry Blake T.. On Saturday, October 28 Webster James C. sold $202,886 worth of Dril-Quip, Inc. (NYSE:DRQ) or 4,890 shares. The insider Gariepy James A. sold 13,409 shares worth $556,339. Bird Jeffrey J. sold 1,931 shares worth $80,117. On Saturday, October 28 SHUKIS A P sold $26,236 worth of Dril-Quip, Inc. (NYSE:DRQ) or 613 shares.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.19, from 0.85 in 2017Q2. It is positive, as 29 investors sold Dril-Quip, Inc. shares while 68 reduced holdings. 29 funds opened positions while 72 raised stakes. 41.51 million shares or 5.94% less from 44.13 million shares in 2017Q2 were reported. 14,200 were accumulated by State Treasurer State Of Michigan. California Pub Employees Retirement stated it has 111,447 shares. Aqr Cap Limited Liability Corporation has invested 0.03% in Dril-Quip, Inc. (NYSE:DRQ). Regions Financial owns 34,002 shares. State Common Retirement Fund reported 45,634 shares. Comerica Savings Bank holds 0.01% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ) for 32,769 shares. Nikko Asset Mngmt Americas holds 0.22% or 99,749 shares in its portfolio. Wesbanco Savings Bank reported 0.02% in Dril-Quip, Inc. (NYSE:DRQ). First Mercantile Trust Communications holds 1,552 shares or 0.01% of its portfolio. Smithfield Trust holds 0% or 507 shares. Us National Bank & Trust De has 14,225 shares. The Alabama-based Retirement Of Alabama has invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Pub Employees Retirement Association Of Colorado has 0% invested in Dril-Quip, Inc. (NYSE:DRQ) for 7,416 shares. Bank & Trust Of Montreal Can accumulated 23,573 shares. Citadel Ltd Liability Co has invested 0% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ).

Among 20 analysts covering Royal Mail Plc (LON:RMG), 5 have Buy rating, 6 Sell and 9 Hold. Therefore 25% are positive. Royal Mail Plc has GBX 625 highest and GBX 300 lowest target. GBX 465.63’s average target is -17.38% below currents GBX 563.6 stock price. Royal Mail Plc had 162 analyst reports since July 29, 2015 according to SRatingsIntel. As per Tuesday, April 26, the company rating was maintained by Liberum Capital. The firm earned “Strong Sell” rating on Wednesday, July 22 by Credit Suisse. The rating was maintained by Cantor Fitzgerald with “Hold” on Tuesday, October 13. The stock has “Underperform” rating by Credit Suisse on Wednesday, February 21. Panmure Gordon maintained Royal Mail plc (LON:RMG) rating on Thursday, November 19. Panmure Gordon has “Hold” rating and GBX 480 target. JP Morgan maintained it with “Overweight” rating and GBX 530 target in Friday, February 2 report. The firm has “Underperform” rating given on Thursday, November 9 by Jefferies. HSBC maintained the stock with “Buy” rating in Monday, November 20 report. Cantor Fitzgerald maintained the stock with “Buy” rating in Wednesday, May 25 report. On Wednesday, July 20 the stock rating was maintained by Beaufort Securities with “Buy”.

Royal Mail plc operates as an universal postal service well-known provider in the United Kingdom and other European countries. The company has market cap of 5.64 billion GBP. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It has a 15.74 P/E ratio. The firm also provides services for the collection, sorting, and delivery of parcels and letters; and creates and produces stamps and philatelic items, as well as offers media and marketing mail services.

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