Stock Analysts’ updated eps estimates for Thursday, August 31st:
888 Holdings Public Limited (LON:888) had its target price increased by Peel Hunt from GBX 300 ($3.88) to GBX 350 ($4.53). They currently have a buy rating on the stock.
Atlantis Resources (LON:ARL) had its under review rating reiterated by analysts at Peel Hunt.
Chico’s FAS (NYSE:CHS) had its buy rating reaffirmed by analysts at FBR & Co. FBR & Co currently has a $14.00 price target on the stock. The analysts wrote, “CHS reported 2Q EPS of $0.18 versus FBR/consensus of $0.19/$0.21 (see 2Q drivers here). CHS is on track to achieve its annualized $100-$110M in savings and expects to realize $25M in 2H17. Management also noted that they have been able to find incremental savings. Management provided updated 2017 guidance around GM of -75 to -100 bps (from flat to +30 bps) due to lowered SSS of -HSD (from -MSD), and SGA expense to be down around $50 to $60 million (from flat). CHS closed 10 stores this quarter and noted that rent was down for the first time this quarter driven by closed stores/rent negotiations (3/4 of boutiques have renegotiable lease terms through 2020). Management pushed back its timeline to achieve DD op margin, which it previously set for 2019, based on lower comps and sales trends YTD. Management has done a good job getting CHS’s cost structure in line with the new omni environment, in our view, and once top line turns we believe there is significant margin upside potential from cost-cutting/operational initiatives. We remain aggressive buyers of CHS given its strong brands, differentiated model and loyal customer.””
Duluth Holdings (NASDAQ:DLTH) had its buy rating reissued by analysts at FBR & Co. They currently have a $26.00 target price on the stock. The analysts wrote, “We are reiterating our Buy rating, $26 price target and estimates for DLTH with the company announcing 2QFY18 (July) results after the close on Tuesday, September 5th. We believe, given the continued YoY growth in store openings (and the recent expansion of the company’s first store at Mt. Horeb), combined with no quarterly guidance, that Street bottom line expectations remain aggressive; we remain conservative near term until store pre-opening patterns somewhat normalize in 2HFY18.””
GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) had its hold rating reissued by analysts at Peel Hunt. They currently have a GBX 765 ($9.89) target price on the stock.
GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) had its hold rating reissued by analysts at Liberum Capital. They currently have a GBX 770 ($9.96) target price on the stock.
HeidelbergCement AG (ETR:HEI) was given a €95.00 ($113.10) price target by analysts at Citigroup Inc.. The firm currently has a buy rating on the stock.
Hansteen Holdings plc (LON:HSTN) had its add rating reiterated by analysts at Numis Securities Ltd. The firm currently has a GBX 143 ($1.85) target price on the stock.
Ladbrokes Coral Group PLC (LON:LCL) had its buy rating reissued by analysts at Peel Hunt. They currently have a GBX 200 ($2.59) target price on the stock.
Ladbrokes Coral Group PLC (LON:LCL) had its hold rating reissued by analysts at Numis Securities Ltd. The firm currently has a GBX 138 ($1.78) target price on the stock.
McColl's Retail Group PLC (LON:MCLS) had its buy rating reissued by analysts at Peel Hunt. Peel Hunt currently has a GBX 325 ($4.20) price target on the stock.
Merck KGaA (FRA:MRK) was given a €112.00 ($133.33) price target by analysts at equinet AG. The firm currently has a buy rating on the stock.
Melrose Industries PLC (LON:MRO) had its buy rating reaffirmed by analysts at Peel Hunt. Peel Hunt currently has a GBX 240 ($3.10) target price on the stock.
Petrofac Limited (LON:PFC) had its buy rating reaffirmed by analysts at Numis Securities Ltd. Numis Securities Ltd currently has a GBX 600 ($7.76) target price on the stock.
Premier African Minerals (LON:PREM) had its corporate rating reissued by analysts at Northland Securities.
Redefine International PLC (LON:RDI) had its buy rating reissued by analysts at Peel Hunt. They currently have a GBX 48 ($0.62) target price on the stock.
Restaurant Group PLC (LON:RTN) had its buy rating reiterated by analysts at Numis Securities Ltd. The firm currently has a GBX 430 ($5.56) target price on the stock.
Satellite Solutions Worldwide Group PLC (LON:SAT) had its buy rating reiterated by analysts at Numis Securities Ltd. The firm currently has a GBX 11.50 ($0.15) price target on the stock.
STV Group Plc. (LON:STVG) had its buy rating reissued by analysts at Numis Securities Ltd. Numis Securities Ltd currently has a GBX 445 ($5.76) target price on the stock.
UBS Group AG (VTX:UBSG) was given a CHF 19.70 price target by analysts at BNP Paribas. The firm currently has a buy rating on the stock.
