Electronic Arts (EA) Now Covered By J.P. Morgan with $150.0000 Target; Labarge Has 1.18 Sentiment

L Brands, Inc. (NYSE:LB) Logo

Labarge Inc (LB) investors sentiment decreased to 1.18 in Q4 2017. It’s down -0.01, from 1.19 in 2017Q3. The ratio fall, as 209 investment managers increased or opened new holdings, while 177 sold and decreased their equity positions in Labarge Inc. The investment managers in our database reported: 218.87 million shares, up from 217.14 million shares in 2017Q3. Also, the number of investment managers holding Labarge Inc in top ten holdings increased from 3 to 10 for an increase of 7. Sold All: 38 Reduced: 139 Increased: 123 New Position: 86.

In a an analyst report published on 1 May, J.P. Morgan analyst just initiated coverage of Electronic Arts (NASDAQ:EA) with Buy rating. The target price is $150.0000.

The stock decreased 0.99% or $0.35 during the last trading session, reaching $34.91. About 3.85M shares traded. L Brands, Inc. (LB) has declined 20.09% since May 1, 2017 and is downtrending. It has underperformed by 31.64% the S&P500.

L Brands, Inc. operates as a specialty retailer of womenÂ’s intimate and other apparel, beauty and personal care products, and accessories. The company has market cap of $9.73 billion. The firm operates in three divisions: VictoriaÂ’s Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. It has a 10.21 P/E ratio. The Company’s products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories.

Analysts await L Brands, Inc. (NYSE:LB) to report earnings on May, 16. They expect $0.18 EPS, down 45.45% or $0.15 from last year’s $0.33 per share. LB’s profit will be $50.18M for 48.49 P/E if the $0.18 EPS becomes a reality. After $2.11 actual EPS reported by L Brands, Inc. for the previous quarter, Wall Street now forecasts -91.47% negative EPS growth.

Ensemble Capital Management Llc holds 7.99% of its portfolio in L Brands, Inc. for 730,133 shares. Makaira Partners Llc owns 752,200 shares or 5.46% of their US portfolio. Moreover, Scharf Investments Llc has 5.16% invested in the company for 3.78 million shares. The Sweden-based Alecta Pensionsforsakring Omsesidigt has invested 5.08% in the stock. Skba Capital Management Llc, a California-based fund reported 410,280 shares.

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on May, 8 after the close. They expect $0.99 EPS, up 70.69% or $0.41 from last year’s $0.58 per share. EA’s profit will be $303.66 million for 29.79 P/E if the $0.99 EPS becomes a reality. After $2.06 actual EPS reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts -51.94% negative EPS growth.

Since December 14, 2017, it had 0 buys, and 32 sales for $15.21 million activity. Miele Laura also sold $89,320 worth of Electronic Arts Inc. (NASDAQ:EA) shares. Soderlund Patrick sold $543,265 worth of stock or 5,000 shares. 10,500 shares were sold by Jorgensen Blake J, worth $1.25M. Bruzzo Chris sold $162,767 worth of Electronic Arts Inc. (NASDAQ:EA) on Tuesday, January 2. 200 shares were sold by Singh Vijayanthimala, worth $25,350 on Thursday, February 1. Another trade for 6,221 shares valued at $793,015 was made by HOAG JAY C on Thursday, February 22. $122,540 worth of Electronic Arts Inc. (NASDAQ:EA) was sold by Schatz Jacob J. on Friday, April 20.

Among 27 analysts covering Electronic Arts (NASDAQ:EA), 24 have Buy rating, 0 Sell and 3 Hold. Therefore 89% are positive. Electronic Arts has $152 highest and $67 lowest target. $124.54’s average target is 5.56% above currents $117.98 stock price. Electronic Arts had 94 analyst reports since July 28, 2015 according to SRatingsIntel. Oppenheimer maintained Electronic Arts Inc. (NASDAQ:EA) rating on Friday, October 14. Oppenheimer has “Outperform” rating and $94 target. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Buy” rating given on Thursday, May 12 by Stifel Nicolaus. The firm earned “Overweight” rating on Friday, December 4 by Atlantic Securities. As per Wednesday, January 31, the company rating was maintained by Credit Suisse. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Buy” rating by SunTrust on Friday, January 12. The company was maintained on Tuesday, October 31 by Oppenheimer. Stifel Nicolaus maintained the shares of EA in report on Thursday, February 1 with “Buy” rating. The firm has “Hold” rating given on Monday, December 18 by BTIG Research. On Wednesday, November 1 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Morgan Stanley on Monday, October 2 with “Overweight”.

The stock increased 0.43% or $0.51 during the last trading session, reaching $117.98. About 1.95M shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 34.78% since May 1, 2017 and is uptrending. It has outperformed by 23.23% the S&P500.

L Brands, Inc. (NYSE:LB) Institutional Positions Chart