Wall Street analysts are maintaining Buy rating on CVS Health Corporation (NYSE:CVS) company shares. The one year target on the name currently stands at $112.06. The stock recently touched $100.36 and has moved in the range of $99.60 - 100.47 during the current session. Based on a recent bid this places the stock +23.34% away from the 52-week floor of $81.37 and -11.69% away from the 52-week ceiling of $113.65.
When stocks are given “Buy” ratings by analysts, the reasons or criteria for that recommendation can greatly vary. Typically when a stock is given this label, analysts are expecting that the stock will outperform their peers, their sector or the market over a 6 to 12 month time frame. Several factors might include near-term catalysts, future earnings growth. Many analysts only give a Buy recommendation when they expect that the stock will yield a return of at least 5-10% over the course of a year. Since analyst criteria and recommendation terminology can differ, we can look at consensus numbers to get a feel of overall analyst sentiment.
Two Harbors Investments Corp (NYSE:TWO) has been given a consensus Buy rating by analysts on Wall Street. According to Thomson Reuters' First Call, research brokers have a one year price target of $9.45 on the stock. The stock is currently trading -5.66% away from its 200-day moving average of $8.40. Based on a recent trade, shares of Two Harbors Investments Corp are -28.00% away from the 52-week high of $11.00 and +14.62% away from the 52-week low of $6.91.
Analysts are estimating that the company will report earnings of $N/A for the current year and $0.00 for next quarter. The stock closed the most recent trading session at $7.83.
Shares of Navigator Holdings Ltd. (NYSE:NVGS) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $20.25 price target and Buy rating according to the covering analysts. During today’s session the stock hit $17.04 or +0.95% from the previous close, while moving in the range of $16.79 - 17.29.
Shares of Preferred Apartment Communities Inc. (NYSE:APTS) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $13.31 price target according to the covering analysts. During today’s session the stock hit $11.24 or +3.23% from the previous close, while moving in the range of $11.30 - 11.60. This puts the stock -16.49% away from the 52-week high of $13.89 and +33.49% away from the 52-week low of $8.69.
Exact definitions of a “Buy” rating can greatly vary depending on the equity research firm. The consensus rating simply provides an average of those recommendations. It's important to note that a “Buy” rating does not mean that every investor should acquire the stock. It is just a single factor among many that should be considered before making an investment decision.
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