Penske Automotive Group, Inc. (PAG) Reaches $43.20 Formed H&S; Allergan plc (AGN) Covered By 20 Bulls

Allergan plc (NYSE:AGN) Logo

Among 28 analysts covering Allergan Inc. (NYSE:AGN), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. Allergan Inc. had 112 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Friday, August 7. Morgan Stanley downgraded the shares of AGN in report on Wednesday, September 20 to “Equal-Weight” rating. The stock has “Outperform” rating by Wells Fargo on Friday, February 19. The firm has “Buy” rating given on Friday, August 7 by Deutsche Bank. As per Friday, November 13, the company rating was maintained by Mizuho. The rating was downgraded by Mizuho on Wednesday, April 6 to “Neutral”. The stock has “Neutral” rating by Cantor Fitzgerald on Friday, June 16. Credit Suisse maintained the shares of AGN in report on Tuesday, September 26 with “Outperform” rating. The stock of Allergan plc (NYSE:AGN) earned “Buy” rating by RBC Capital Markets on Thursday, November 2. The stock has “Hold” rating by Cantor Fitzgerald on Monday, August 21. See Allergan plc (NYSE:AGN) latest ratings:

01/03/2018 Broker: Credit Suisse Rating: Buy New Target: $215.0 Maintain
01/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $200 New Target: $181 Maintain
23/02/2018 Broker: SunTrust Rating: Buy New Target: $200 Initiates Coverage On
07/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $214 New Target: $215 Maintain
07/02/2018 Broker: Leerink Swann Rating: Buy New Target: $242.0 Maintain
07/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $208 New Target: $215 Maintain
06/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $171.0 Maintain
06/02/2018 Broker: Mizuho Rating: Hold New Target: $185.0 Maintain
29/01/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight Upgrade
23/01/2018 Broker: Mizuho Rating: Hold New Target: $185.0 Maintain

Penske Automotive Group, Inc. (PAG) formed H&S with $41.90 target or 3.00% below today’s $43.20 share price. Penske Automotive Group, Inc. (PAG) has $3.67B valuation. The stock decreased 0.30% or $0.13 during the last trading session, reaching $43.2. About 298,419 shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has declined 7.69% since April 16, 2017 and is downtrending. It has underperformed by 19.24% the S&P500.

Since October 20, 2017, it had 2 buys, and 2 sales for $17 activity. 1.10M shares valued at $50.00M were sold by MITSUI & CO LTD on Friday, October 20. 1.10M shares were bought by PENSKE CORP, worth $50.00 million. PENSKE ROGER S bought $50.00 million worth of Penske Automotive Group, Inc. (NYSE:PAG) on Friday, October 20.

Among 9 analysts covering Penske Automotive Group (NYSE:PAG), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Penske Automotive Group had 14 analyst reports since October 14, 2015 according to SRatingsIntel. The stock of Penske Automotive Group, Inc. (NYSE:PAG) has “Positive” rating given on Thursday, February 2 by Susquehanna. The firm has “Hold” rating given on Monday, November 13 by KeyBanc Capital Markets. The stock of Penske Automotive Group, Inc. (NYSE:PAG) has “Hold” rating given on Thursday, September 15 by Gabelli. The rating was initiated by Seaport Global with “Neutral” on Tuesday, August 9. The firm has “Hold” rating by KeyBanc Capital Markets given on Tuesday, October 3. As per Friday, April 28, the company rating was upgraded by Gabelli. The firm has “Sell” rating by Evercore given on Thursday, October 13. The company was downgraded on Tuesday, June 28 by KeyBanc Capital Markets. The firm has “Hold” rating by KeyBanc Capital Markets given on Thursday, August 31. The firm earned “Overweight” rating on Wednesday, March 14 by Morgan Stanley.

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.20, from 1.28 in 2017Q3. It turned negative, as 27 investors sold Penske Automotive Group, Inc. shares while 65 reduced holdings. 32 funds opened positions while 67 raised stakes. 34.38 million shares or 0.09% more from 34.35 million shares in 2017Q3 were reported. Pdt Prtn Lc invested in 0.26% or 184,707 shares. Lsv Asset Mgmt accumulated 2.52 million shares. Gradient Limited Liability Company holds 0% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG) for 297 shares. 10,206 were reported by Federated Investors Pa. Blue Chip Prtnrs has 43,675 shares. State Street owns 0% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 667,968 shares. First Midwest Bankshares Trust Division, a Illinois-based fund reported 23,452 shares. Bluemountain Capital Mgmt Lc owns 0.03% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 33,516 shares. Connors Investor Services holds 1.64% or 238,724 shares. Perella Weinberg Ptnrs Capital Mgmt L P has invested 0.04% in Penske Automotive Group, Inc. (NYSE:PAG). Brown Brothers Harriman & invested 0% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG). Cap Global accumulated 0% or 300,000 shares. Utah Retirement Sys, Utah-based fund reported 6,600 shares. Hsbc Public Ltd Co accumulated 9,899 shares or 0% of the stock. Moreover, Invesco Ltd has 0% invested in Penske Automotive Group, Inc. (NYSE:PAG).

Analysts await Penske Automotive Group, Inc. (NYSE:PAG) to report earnings on April, 25. They expect $1.15 EPS, up 18.56% or $0.18 from last year’s $0.97 per share. PAG’s profit will be $97.72 million for 9.39 P/E if the $1.15 EPS becomes a reality. After $1.01 actual EPS reported by Penske Automotive Group, Inc. for the previous quarter, Wall Street now forecasts 13.86% EPS growth.

The stock decreased 1.17% or $1.94 during the last trading session, reaching $164.37. About 1.49M shares traded. Allergan plc (NYSE:AGN) has declined 33.03% since April 16, 2017 and is downtrending. It has underperformed by 44.58% the S&P500.

Penske Automotive Group, Inc. (NYSE:PAG) Institutional Positions Chart