Stock Analysts’ Downgrades for January, 17th (ASCL, FERG, GROUF, HAWK, HCCI, HDB, HLMAF, HMSNF, HPP, HTBK)

Stock Analysts’ downgrades for Wednesday, January 17th:

Ascential (LON:ASCL) was downgraded by analysts at Peel Hunt to a hold rating. They currently have GBX 375 ($5.09) target price on the stock, up from their previous target price of GBX 360 ($4.88).

Ferguson (LON:FERG) was downgraded by analysts at Royal Bank of Canada to a sector performer rating. They currently have GBX 6,000 ($81.37) price target on the stock, up from their previous price target of GBX 5,200 ($70.52).

Grafton Group (OTCMKTS:GROUF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “

Blackhawk Network (NASDAQ:HAWK) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Blackhawk Network Holdings, Inc. is a provider of prepaid and financial payments products for consumers and businesses. The company distributes gift cards, prepaid handsets and prepaid financial services products. Blackhawk Network Holdings, Inc. is headquartered in Pleasanton, California. “

Heritage-Crystal Clean (NASDAQ:HCCI) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “HERITAGE-CRYSTAL CLEAN, LLC, headquartered in Elgin, Illinois, is a privately-held marketing and sales Company that concentrates on servicing the automotive repair, commercial and industrial marketplaces, primarily in the Midwest and Eastern States. “

HDFC Bank (NYSE:HDB) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “HDFC BANK’s mission is to be a World Class Indian Bank. The Bank’s aim is to build a sound customer franchise across distinct businesses so as to be the preferred provider of banking services in the niche segments that the bank operates in and to achieve healthy growth in profitability, consistent with the bank’s risk appetite. The bank aims to ensure the highest level of ethical standards, professional integrity and regulatory compliance. HDFC Bank’s business philosophy is based on four core values: Operational Excellence, Customer Focus, Product Leadership and People. “

HALMA (OTCMKTS:HLMAF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Halma PLC is a health and safety sensor technology company. It manufactures products which detect hazards and also protect assets and people at work in public and commercial buildings. Halma PLC is headquartered in Amersham, the United Kingdom. “

Hammerson (OTCMKTS:HMSNF) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Hammerson plc is a real estate investment trust. The company’s portfolio includes commercial buildings, offices and shopping centers. It operates primarily in United Kingdom, Germany and France. Hammerson plc is based in London, the United Kingdom. “

Hudson Pacific Properties (NYSE:HPP) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate company focused on owning, operating and acquiring office properties and media and entertainment properties in select growth markets primarily in Northern and Southern California. These markets include Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley and the East Bay. The Company is headquartered in Los Angeles, California. “

Heritage Commerce (NASDAQ:HTBK) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Heritage Commerce Corp. is the holding company of Heritage Bank of Commerce, Heritage Bank East Bay, Heritage Bank South Valley and Bank of Los Altos. The company offers a range of loans, primarily commercial, including real estate, construction, Small Business Administration), inventory and accounts receivable, and equipment loans. The company also accepts checking, savings, and time deposits; NOW and money market deposit accounts; and provides travelers’ checks, safe deposit, and other customary non-deposit banking services. “

US Geothermal (NYSEAMERICAN:HTM) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “U.S. Geothermal Inc. is a leading renewable energy company focused on the development, production and sale of electricity from geothermal energy and is operating geothermal power projects Neal Hot Springs, Oregon, San Emidio, Nevada and Raft River, Idaho. The company is currently developing a project at the Geysers, California, a second phase project at San Emidio, as well as El Ceibillo, an advanced stage, geothermal prospect located within a 24,710 acre (100sq km) energy rights concession area located 8.5 miles (14 km) from Guatemala City, the largest city in Central America. “

Idera Pharmaceuticals (NASDAQ:IDRA) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Idera Pharmaceuticals, Inc. is a drug discovery and development company that is developing drug candidates to treat cancer and infectious, respiratory, and autoimmune diseases, and for use in combination with therapeutic and prophylactic vaccines. Idera’s proprietary drug candidates are designed to modulate Toll-like Receptors, the body’s first line of immune defense. Idera’s pioneering DNA chemistry expertise enables it to identify drug candidates for internal development and creates opportunities for multiple collaborative alliances. “

IMI (OTCMKTS:IMIAY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “IMI PLC is an engineering company. It provides designs, manufactures and services for engineered products which control the movement of fluids. The company primarily serves energy, transportation and infrastructure sector. IMI PLC is headquartered in Birmingham, the United Kingdom. “

Informa (LON:INF) was downgraded by analysts at Peel Hunt to a hold rating. They currently have GBX 780 ($10.58) price target on the stock, up from their previous price target of GBX 740 ($10.04).

Inseego (NASDAQ:INSG) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Inseego Corp. is a provider of software-as-a-service and solutions for the Internet of Things. The company sells telematics solutions under the Ctrack brand, including fleet management, asset tracking and monitoring, stolen vehicle recovery and usage-based insurance platforms. It also sells business connectivity solutions and device management services through Novatel Wireless, Inc. and Feeney Wireless. Inseego Corp., formerly known as Novatel Wireless Inc., is headquartered in San Diego, California. “

Intu Properties (LON:INTU) was downgraded by analysts at Peel Hunt to a reduce rating. Peel Hunt currently has GBX 225 ($3.05) price target on the stock, up from their previous price target of GBX 200 ($2.71).

Identiv (NASDAQ:INVE) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Identiv Inc. is a global security technology company. It provides trust solutions in the connected world, including premises, information and everyday items. The Company’s trust solutions are implemented using standards-driven products and technology, such as hardware, software, digital certificates, and mobility and cloud services. Its products are used in corporate employee identification cards, company email, information technology networks and facility access control, in national ID cards and passports, transport passes, banking and other uses. Identiv Group, Inc., formerly known as Identive Group, Inc., is headquartered in Fremont, California. “

ITE Group (LON:ITE) was downgraded by analysts at Peel Hunt to a reduce rating. The firm currently has GBX 160 ($2.17) price target on the stock.

Moneysupermarket.Com Group (LON:MONY) was downgraded by analysts at Peel Hunt to a hold rating. They currently have GBX 370 ($5.02) target price on the stock.

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