Putnam High Income Securities Fund (PCF) Is At $9.09 Formed Wedge; First Republic Bank (FRC) Had 7 Bulls

Among 17 analysts covering First Republic Bank (NYSE:FRC), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. First Republic Bank had 68 analyst reports since October 6, 2015 according to SRatingsIntel. As per Monday, February 22, the company rating was upgraded by HSBC. The stock of First Republic Bank (NYSE:FRC) has “Hold” rating given on Wednesday, November 29 by Keefe Bruyette & Woods. The rating was upgraded by Jefferies to “Buy” on Monday, February 22. The stock of First Republic Bank (NYSE:FRC) earned “Overweight” rating by Barclays Capital on Friday, October 14. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, March 23 report. The stock of First Republic Bank (NYSE:FRC) earned “Hold” rating by RBC Capital Markets on Friday, July 14. The company was maintained on Monday, October 19 by RBC Capital Markets. BMO Capital Markets maintained the shares of FRC in report on Monday, October 16 with “Market Perform” rating. The firm has “Hold” rating given on Friday, August 18 by RBC Capital Markets. The company was maintained on Friday, July 15 by Keefe Bruyette & Woods. See First Republic Bank (NYSE:FRC) latest ratings:

02/01/2018 Broker: Barclays Capital Rating: Hold New Target: $101.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $98.0 Maintain
18/12/2017 Broker: BMO Capital Markets Rating: Hold New Target: $94.0 Maintain
15/12/2017 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
12/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $100.0 Maintain
14/12/2017 Broker: Morgan Stanley Rating: Equal-Weight New Target: $106 Maintain
29/11/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $88.0 Maintain
24/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $100.0 Maintain
18/10/2017 Broker: Jefferies Rating: Buy New Target: $111.0 Maintain
16/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $104 New Target: $102 Maintain

Putnam High Income Securities Fund (PCF) formed wedge up with $9.91 target or 9.00% above today’s $9.09 share price. Putnam High Income Securities Fund (PCF) has $117.96M valuation. The stock increased 0.44% or $0.04 during the last trading session, reaching $9.09. About 14,875 shares traded. Putnam High Income Securities Fund (NYSE:PCF) has risen 15.98% since January 4, 2017 and is uptrending. It has underperformed by 0.72% the S&P500.

First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas of the United States. The company has market cap of $14.10 billion. It operates through two divisions, Commercial Banking and Wealth Management. It has a 20.71 P/E ratio. The firm offers deposit products, such as checking, money market checking, savings, and passbook deposits, as well as certificates of deposit.

The stock increased 3.35% or $2.85 during the last trading session, reaching $87.81. About 2.17 million shares traded or 54.40% up from the average. First Republic Bank (NYSE:FRC) has risen 29.07% since January 4, 2017 and is uptrending. It has outperformed by 12.37% the S&P500.

Investors sentiment increased to 2.43 in Q3 2017. Its up 1.90, from 0.53 in 2017Q2. It improved, as 0 investors sold Putnam High Income Securities Fund shares while 7 reduced holdings. 5 funds opened positions while 12 raised stakes. 4.21 million shares or 7.31% more from 3.93 million shares in 2017Q2 were reported. 1.52M were reported by Bulldog Ltd Liability Corp. Us Bank & Trust De has 0% invested in Putnam High Income Securities Fund (NYSE:PCF). Fifth Third Fincl Bank holds 0% or 1,006 shares. Clear Harbor Asset Mgmt Ltd Llc stated it has 11,438 shares or 0.02% of all its holdings. Northwestern Mutual Wealth Mgmt holds 0% or 158 shares in its portfolio. Citigroup Inc holds 0% or 29,130 shares in its portfolio. Royal Comml Bank Of Canada reported 2,316 shares. 2,356 are owned by Thomas J Herzfeld Advisors Inc. Grantham Mayo Van Otterloo Limited Liability Corp invested in 287,259 shares. Morgan Stanley accumulated 54,521 shares or 0% of the stock. The Florida-based Raymond James Fin Serv Advsr has invested 0% in Putnam High Income Securities Fund (NYSE:PCF). Walleye Trading Ltd Liability Corp holds 0% or 31,530 shares. Provise Management Group Incorporated invested in 16,708 shares. Pnc Financial Service Group accumulated 13,500 shares. Rmb Cap Ltd Company owns 50,038 shares for 0.01% of their portfolio.