Barnes Group Inc. (B) Is At $59.88 Formed Wedge; 4 Analysts Are Bullish Crescent Point Energy Corp. (CPG) Last Week

Barnes Group Inc. (NYSE:B) Logo

Among 4 analysts covering Crescent Point Energy (NYSE:CPG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Crescent Point Energy had 7 analyst reports since July 22, 2015 according to SRatingsIntel. The company was upgraded on Friday, July 22 by Barclays Capital. As per Friday, August 14, the company rating was downgraded by UBS. Barclays Capital downgraded Crescent Point Energy Corp. (NYSE:CPG) on Wednesday, July 22 to “Equal Weight” rating. The firm has “Buy” rating by Dundee Securities given on Friday, November 11. The stock of Crescent Point Energy Corp. (NYSE:CPG) has “Neutral” rating given on Friday, September 9 by Dundee Securities. As per Thursday, October 29, the company rating was upgraded by Barclays Capital. See Crescent Point Energy Corp. (NYSE:CPG) latest ratings:

Barnes Group Inc. (B) formed wedge down with $56.89 target or 5.00% below today’s $59.88 share price. Barnes Group Inc. (B) has $3.18B valuation. The stock decreased 2.49% or $1.53 during the last trading session, reaching $59.88. About 256,205 shares traded or 18.92% up from the average. Barnes Group Inc. (NYSE:B) has risen 19.73% since April 7, 2017 and is uptrending. It has outperformed by 8.18% the S&P500.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.06, from 1.25 in 2017Q3. It increased, as 23 investors sold Barnes Group Inc. shares while 64 reduced holdings. 35 funds opened positions while 79 raised stakes. 45.52 million shares or 0.42% less from 45.71 million shares in 2017Q3 were reported. Glenmede Tru Na stated it has 0.01% in Barnes Group Inc. (NYSE:B). Fifth Third Fincl Bank owns 269 shares. Mondrian Investment Prns Limited owns 0.07% invested in Barnes Group Inc. (NYSE:B) for 43,466 shares. Advisors Asset Inc holds 0.05% or 47,051 shares. Pacad Invest Ltd stated it has 0.01% of its portfolio in Barnes Group Inc. (NYSE:B). 4,838 were reported by Dubuque Bancshares & Tru Commerce. Laurion Cap Mgmt Lp reported 0.01% in Barnes Group Inc. (NYSE:B). Schwab Charles Investment Mgmt Inc invested in 317,394 shares or 0.02% of the stock. Ubs Asset Management Americas has 0% invested in Barnes Group Inc. (NYSE:B) for 33,720 shares. Employees Retirement System Of Texas reported 37,000 shares stake. Columbia Wanger Asset Ltd Liability Corp reported 223,977 shares. Comml Bank Of America Corp De holds 0.05% in Barnes Group Inc. (NYSE:B) or 5.18 million shares. Tiaa Cref Invest Management Limited Liability Company invested 0.01% of its portfolio in Barnes Group Inc. (NYSE:B). Susquehanna Intll Gru Llp owns 32,736 shares. Invesco Limited has 0.01% invested in Barnes Group Inc. (NYSE:B).

Since February 21, 2018, it had 3 insider purchases, and 4 sales for $743,077 activity. BENANAV GARY G also bought $1,809 worth of Barnes Group Inc. (NYSE:B) on Friday, March 9. MANGUM MYLLE H also bought $1,809 worth of Barnes Group Inc. (NYSE:B) shares. BARNES THOMAS O also sold $160,000 worth of Barnes Group Inc. (NYSE:B) shares. The insider ACKER MARIAN sold $496,161. Hipple Richard J bought $80,678 worth of stock or 1,300 shares.

Among 8 analysts covering Barnes Group (NYSE:B), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Barnes Group had 24 analyst reports since July 28, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Wednesday, June 7 report. The company was maintained on Friday, October 27 by Robert W. Baird. The firm has “Buy” rating given on Friday, July 28 by Oppenheimer. The rating was maintained by Robert W. Baird with “Hold” on Friday, February 16. On Thursday, September 7 the stock rating was maintained by Robert W. Baird with “Hold”. The rating was maintained by Oppenheimer with “Outperform” on Friday, February 12. The rating was maintained by Deutsche Bank on Friday, September 8 with “Buy”. The firm has “Hold” rating given on Monday, January 8 by SunTrust. Sidoti upgraded Barnes Group Inc. (NYSE:B) on Tuesday, January 12 to “Buy” rating. The firm earned “Neutral” rating on Monday, October 19 by Buckingham Research.

Analysts await Barnes Group Inc. (NYSE:B) to report earnings on April, 27. They expect $0.67 earnings per share, down 5.63% or $0.04 from last year’s $0.71 per share. B’s profit will be $35.57 million for 22.34 P/E if the $0.67 EPS becomes a reality. After $0.71 actual earnings per share reported by Barnes Group Inc. for the previous quarter, Wall Street now forecasts -5.63% negative EPS growth.

Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company has market cap of $3.84 billion. The company's natural gas and crude oil properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah. It currently has negative earnings.

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