Investment Analysts’ Ratings Reiterations for May, 23rd (AZN, BCS, BSYBY, CPYYY, ESRX, GSK, LYG, MML, NBCB, NGG)
AstraZeneca plc (NYSE:AZN) had its hold rating reissued by analysts at Deutsche Bank.
Barclays (NYSE:BCS) had its overweight rating reissued by analysts at JPMorgan Chase & Co..
British Sky Broadcasting Group plc (NASDAQ:BSYBY) had its reduce rating reaffirmed by analysts at Nomura.
Centrica PLC (OTC:CPYYY) had its buy rating reaffirmed by analysts at Goldman Sachs.
Express Scripts Holding Company (NASDAQ:ESRX) had its neutral rating reiterated by analysts at Zacks. The firm currently has a $74.00 target price on the stock. Zacks’ analyst wrote, “Express Scripts Holding Company posted first quarter 2014 earnings per share (excluding special items) of $0.99, flat with the year-ago quarter. However, the result fell short of the Zacks Consensus Estimate of $1.01. Revenues were down 9.0% year over year in the reported quarter to $23.7 billion, but marginally surpassed the Zacks Consensus Estimate of $23.5 billion. The roll-off of UnitedHealth Group claims was completed by the end of 2013. We were disappointed by the first quarter results, which missed the Zacks Consensus Estimate and the subsequent lowering of guidance. The decline in prescription volume will adversely impact results in 2014. Hence, we maintain our Neutral recommendation. “
GlaxoSmithKline plc (NYSE:GSK) had its hold rating reiterated by analysts at Deutsche Bank.
Lloyds Banking Group PLC (NYSE:LYG) had its overweight rating reissued by analysts at Barclays.
Medusa Mining Limited (ASX:MML) had its buy rating reaffirmed by analysts at SP Angel.
First NBC Bank Holding Company (NASDAQ:NBCB) had its buy rating reaffirmed by analysts at Sandler O’Neill.
National Grid plc (NYSE:NGG) had its sell rating reiterated by analysts at Goldman Sachs.
Pepco Holdings (NYSE:POM) had its neutral rating reiterated by analysts at Zacks. The firm currently has a $29.00 target price on the stock. Zacks’ analyst wrote, “Pepco Holdings Inc.’s first quarter earnings per share and total revenue surpassed the Zacks Consensus estimate and year-ago numbers. Favorable weather in its service territories created higher demand, which in turn spurred total power sales in the first quarter. Prudent capital outlay to improve infrastructure and continued implementation of cost-containment measures will bode well for Pepco’s future development plans. The company will spend about $5.8 billion over the next five years to replace aging infrastructure and install advanced technologies. However, if the company fails to recover the same through constructive regulatory outcomes, the future growth investment of the company might be jeopardized. Recent merger talks with Exelon have seen a huge upward revision in its share price in the exchange. We maintain our Neutral recommendation on the stock.”
SABMiller plc (NASDAQ:SBMRY) had its buy rating reissued by analysts at Beaufort Securities.
SABMiller plc (NASDAQ:SBMRY) had its equal weight rating reaffirmed by analysts at Barclays.
Tesco PLC (NASDAQ:TSCDY) had its underweight rating reiterated by analysts at JPMorgan Chase & Co..
Unilever plc (NYSE:UL) had its buy rating reaffirmed by analysts at Deutsche Bank.
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