Analysts’ Downgrades for January, 6th (TXRH, UBSFY, UCBI, UCTT, UDHCF, UDR, UHS, UIHC, UNM, UNP)

Analysts’ downgrades for Saturday, January 6th:

Texas Roadhouse (NASDAQ:TXRH) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Texas Roadhouse, Inc. is a full-service, casual dining restaurant chain, which offers assorted seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills. It operates restaurants under the Texas Roadhouse and Aspen Creek names. The firm also offers its guests a selection of ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, an assortment of hamburgers, salads and sandwiches. It also provides supervisory and administrative services for other license and franchise restaurants. “

Ubisoft Entertain (OTCMKTS:UBSFY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. Zacks Investment Research currently has $17.00 price target on the stock. According to Zacks, “Ubisoft Entertainment operates in parts of Europe, Canada and the United States and its primary activities are the production, publishing and distribution of interactive entertainment products. Products include video games, educational and cultural software, cartoons, literary, multimedia, audio-visual products, cinematographic and television works. Some of its brands are Driver, Anno, Endwar and Tom Clancy. “

United Community Banks (NASDAQ:UCBI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. They currently have $31.00 target price on the stock. According to Zacks, “United Community Bank is a bank holding company. United conducts its operations through a community-focused operating model of separate community banks, which, as of December 31, 2016, operated at 139 locations throughout the Atlanta-Sandy Springs-Roswell, Georgia, and Gainesville, Georgia metropolitan statistical areas, upstate and coastal South Carolina, north and coastal Georgia, western North Carolina, and east Tennessee. The community banks offer a range of retail and corporate banking services, including checking, savings and time deposit accounts, secured and unsecured loans, wire transfers, brokerage services and other financial services. The Company operates through its subsidiary, United Community Bank, Blairsville, Georgia (the Bank). The Bank owns an insurance agency, United Community Insurance Services, Inc., known as United Community Advisory Services, which is a subsidiary of the Bank. “

Ultra Clean (NASDAQ:UCTT) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. The firm currently has $27.00 price target on the stock. According to Zacks, “ULTRA CLEAN HOLDINGS, INC. is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean’s customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean is headquartered in Menlo Park, California. “

Udg Healthcare (OTCMKTS:UDHCF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. The firm currently has $13.00 price target on the stock. According to Zacks, “UDG Healthcare plc provide services to the healthcare industry. The company’s operating segment consists of Ashfield Commercial & Medical Services, Sharp Packaging Services and Supply Chain Services. Ashfield Commercial & Medical Services division provides sales teams, healthcare communications, telesales, nurse educators, medical information, pharmacovigilance, regulatory and event management services. Sharp Packaging Service division provides contract packaging and clinical trial packaging services. Supply Chain Services provides outsourced sales, marketing, distribution and engineering services. UDG Healthcare plc operates primarily in US, UK, Ireland and Germany. UDG Healthcare plc is based in Dublin, the Republic of Ireland. “

UDR (NYSE:UDR) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Shares of UDR have underperformed the industry it belongs to, in the past month. Notably, the company continues to deal with elevated level of apartment supply in a number of its markets. This limits the landlord’s ability to demand higher rents and also increases concessional activities. Moreover, the company’s extensive development pipeline exposes it to operational risks, entitlement delays and lease-up risks. Also, properties under development tend to drag margins till their completion. Further, any rise in interest rates remains a concern for the company. Nonetheless, UDR’s portfolio with superior product-mix, located in the targeted U.S. markets has the capacity to drive long-term growth in rental income.”

Universal Health Services (NYSE:UHS) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Universal Health’s shares have underperformed the industry in last three months .The company is  exposed to integration risks owing to several acquisitions. Further, its highly leveraged balance sheet is a major headwind. Based upon the operating trends and financial results during the first nine months of 2017, the company has lowered its 2017 earnings guidance. However, its inorganic growth impresses. Consistent growth in its revenue base on the back of solid Acute Care and Behavioral Health platforms also remains a positive.”

United Insurance (NASDAQ:UIHC) was downgraded by analysts at Zacks Investment Research from a hold rating to a strong sell rating. According to Zacks, “United Insurance Holdings Corp., together with its subsidiaries, operates as a property and casualty insurance company. It primarily offers homeowners and dwelling fire insurance policies, as well as provides flood insurance through the National Flood Insurance Program. From its headquarters in St. Petersburg, United’s team of dedicated employees manages a completely integrated insurance company, including sales, underwriting, policyholder service and claims. It principally markets its products through insurance agents. “

Unum Group (NYSE:UNM) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Shares of Unum Group have outperformed industry in a year. The company’s premiums continue to increase, fueled by solid persistency levels in core business lines and sturdy volume of sales, along with solid benefits experience. Acquisitions have provided an additional support. Starmount Life Insurance Company buyout gave access to growth opportunities in the dental market, which is in sync with its strategy to focus more on the employee benefits business. Given wide acceptance of the Unum Dental group insurance plans, Unum Dental plans is available across the country A sustained favorable performance drives solid capital generation and strong financial flexibility aiding active capital deployment. Unum expects 2017 operating earnings to grow at or slightly above 5-8% range. However, exposure to low interest rate environment remains the key headwind affecting the Unum U.K. results.”

Union Pacific (NYSE:UNP) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Shares of Union Pacific have underperformed its industry over the past year due to multiple headwinds like the hurricanes. Moreover, the company's high debt levels are a potent threat. Declining automotive volumes due to sluggish vehicle production in the United States are added concerns. Volumes in its automotive unit have declined 3% on a year-to-date basis. Additionally, higher fuel prices may hinder operating ratio. We are, however, imperessed by the company's efforts to reward shareholders through dividends and buybacks. Efforts to check costs also bode well for the stock.”

Univar (NYSE:UNVR) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Univar Inc. is a distributor of chemicals and innovative services. The Company offers solvents, resins, pigments, acids, bases, surfactants, glycols, inorganic compounds and alcohols. It also offers transportation and warehousing infrastructure, chemicals and hazardous materials handling services. The Company’s operating geographical segments include Univar USA, Univar Canada, Univar Europe and the Middle East as well as Rest of World. It serves coatings and adhesives, food, oil and gas, personal care and pharmaceutical industries. Univar Inc. is headquartered in Downers Grove, Illinois. “

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