Bank of America Reiterates Buy Rating for Agilent Technologies (A)
Agilent Technologies (NYSE:A)‘s stock had its “buy” rating reiterated by equities research analysts at Bank of America in a research note issued to investors on Thursday, Stock Ratings Network reports. They currently have a $64.00 price objective on the stock, down from their previous price objective of $65.00. Bank of America’s target price suggests a potential upside of 19.56% from the company’s current price.
Agilent Technologies (NYSE:A) traded down 2.49% during mid-day trading on Thursday, hitting $54.46. 3,396,449 shares of the company’s stock traded hands. Agilent Technologies has a 52-week low of $41.85 and a 52-week high of $61.22. The stock has a 50-day moving average of $54.8 and a 200-day moving average of $55.74. The company has a market cap of $18.158 billion and a P/E ratio of 25.74.
Agilent Technologies (NYSE:A) last announced its earnings results on Wednesday, May 14th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.01. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was down .1% on a year-over-year basis. On average, analysts predict that Agilent Technologies will post $3.08 earnings per share for the current fiscal year.
A number of other firms have also recently commented on A. Analysts at Zacks reiterated a “neutral” rating on shares of Agilent Technologies in a research note on Wednesday. They now have a $60.00 price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Agilent Technologies in a research note on Monday. They now have a $66.00 price target on the stock, down previously from $67.00. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Agilent Technologies presently has a consensus rating of “Buy” and a consensus target price of $60.31.
Agilent Technologies, Inc (NYSE:A) is a measurement company providing bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.