Suedzucker (SZU) PT Set at €11.75 by Kepler Capital Markets

Kepler Capital Markets set a €11.75 ($13.66) price objective on Suedzucker (ETR:SZU) in a research note published on Friday. The firm currently has a sell rating on the stock.

Other equities analysts have also recently issued reports about the stock. Warburg Research set a €16.00 ($18.60) price objective on shares of Suedzucker and gave the stock a neutral rating in a research report on Thursday, May 24th. Goldman Sachs Group set a €13.20 ($15.35) price target on shares of Suedzucker and gave the company a neutral rating in a research report on Thursday, May 17th. equinet set a €12.00 ($13.95) price target on shares of Suedzucker and gave the company a sell rating in a research report on Tuesday, March 27th. Independent Research set a €15.50 ($18.02) price target on shares of Suedzucker and gave the company a neutral rating in a research report on Thursday, May 17th. Finally, Berenberg Bank set a €10.00 ($11.63) price target on shares of Suedzucker and gave the company a sell rating in a research report on Tuesday, March 27th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €16.15 ($18.77).

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Suedzucker opened at €14.74 ($17.13) on Friday, Marketbeat Ratings reports. Suedzucker has a 1 year low of €14.59 ($16.97) and a 1 year high of €23.97 ($27.87).

About Suedzucker

S眉dzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.

Top Bank Stocks To Invest In 2019

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Mercantile Bank Corp (NASDAQ:MBWM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Mercantile Bank Corp provides banking services. The Company, through its subsidiaries, provides banking, insurance and real estate services. Mercantile Bank Corp has a market cap of $576.576 million; its shares were traded at around $34.75 with a P/E ratio of 18.29 and P/S ratio of 4.50. The dividend yield of Mercantile Bank Corp stocks is 2.13%. Mercantile Bank Corp had annual average EBITDA growth of 19.50% over the past five years.

For the last quarter Mercantile Bank Corp reported a revenue of $32.9 million, compared with the revenue of $31.04 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $128.7 million, an increase of 1.5% from last year. For the last five years Mercantile Bank Corp had an average revenue growth rate of 22.5% a year.

The reported diluted earnings per share was $1.9 for the year, a decline of 3.1% from the previous year. Over the last five years Mercantile Bank Corp had an EPS growth rate of 6.3% a year. The Mercantile Bank Corp had a decent operating margin of 35.79%, compared with the operating margin of 36.95% a year before. The 10-year historical median operating margin of Mercantile Bank Corp is 20.72%. The profitability rank of the company is 6 (out of 10).

Top Bank Stocks To Invest In 2019: Ampco-Pittsburgh Corporation(AP)

Advisors' Opinion:

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Top Bank Stocks To Invest In 2019: Wells Fargo & Company(WFC)

Advisors' Opinion:

• [By Max Byerly]

  Northern Oak Wealth Management Inc. boosted its position in Wells Fargo (NYSE:WFC) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 142,579 shares of the financial services provider’s stock after purchasing an additional 1,323 shares during the period. Wells Fargo comprises approximately 1.4% of Northern Oak Wealth Management Inc.’s portfolio, making the stock its 24th biggest holding. Northern Oak Wealth Management Inc.’s holdings in Wells Fargo were worth $8,650,000 at the end of the most recent reporting period.

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Top Bank Stocks To Invest In 2019: HSBC Holdings PLC (HSBA)

Advisors' Opinion:

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  HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.

Top Bank Stocks To Invest In 2019: Canadian Imperial Bank of Commerce(CM)

Advisors' Opinion:

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  Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

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  Shares of Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) have earned an average recommendation of “Hold” from the twelve research firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$130.33.

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  Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.

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Astec Industries, Inc. (ASTE) Receives Consensus Rating of “Buy” from Analysts

Shares of Astec Industries, Inc. (NASDAQ:ASTE) have earned an average recommendation of “Buy” from the nine ratings firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $67.25.

Several research analysts recently weighed in on the company. BidaskClub lowered Astec Industries from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. ValuEngine lowered Astec Industries from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Dougherty & Co raised Astec Industries from a “neutral” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Wednesday, February 21st. William Blair reaffirmed a “buy” rating on shares of Astec Industries in a research report on Tuesday, February 13th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $64.00 target price on shares of Astec Industries in a research report on Friday, April 13th.

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In related news, CEO Benjamin G. Brock sold 11,000 shares of the stock in a transaction on Tuesday, May 1st. The stock was sold at an average price of $54.41, for a total value of $598,510.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.70% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Xact Kapitalforvaltning AB acquired a new stake in Astec Industries in the 1st quarter valued at $257,000. Global X Management Co. LLC increased its holdings in Astec Industries by 316.7% in the 1st quarter. Global X Management Co. LLC now owns 4,667 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 3,547 shares in the last quarter. Blair William & Co. IL acquired a new stake in Astec Industries in the 1st quarter valued at $260,000. Hsbc Holdings PLC acquired a new stake in Astec Industries in the 1st quarter valued at $304,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in Astec Industries in the 4th quarter valued at $365,000. 88.82% of the stock is currently owned by institutional investors and hedge funds.

Shares of Astec Industries stock opened at $60.20 on Friday. Astec Industries has a fifty-two week low of $45.70 and a fifty-two week high of $64.80. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 38.10, a price-to-earnings-growth ratio of 1.77 and a beta of 1.14.

Astec Industries (NASDAQ:ASTE) last issued its quarterly earnings results on Tuesday, April 24th. The industrial products company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.01. Astec Industries had a return on equity of 6.09% and a net margin of 3.60%. The company had revenue of $325.50 million for the quarter, compared to analyst estimates of $336.32 million. During the same quarter in the prior year, the company posted $0.65 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. sell-side analysts expect that Astec Industries will post 3.39 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 30th. Investors of record on Monday, May 14th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend was Friday, May 11th. Astec Industries’s dividend payout ratio (DPR) is currently 25.32%.

Astec Industries Company Profile

Astec Industries, Inc designs, engineers, manufactures, and markets equipment and components for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally. The company operates through Infrastructure Group, Aggregate and Mining Group, and Energy Group segments.