Raven Industries, Inc. (RAVN) Is At $35.35 Formed Wedge; 10 Analysts Bullish Phillips 66 Partners LP (PSXP)

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Raven Industries, Inc. (RAVN) formed wedge up with $37.82 target or 7.00% above today’s $35.35 share price. Raven Industries, Inc. (RAVN) has $1.27 billion valuation. The stock increased 0.28% or $0.1 during the last trading session, reaching $35.35. About 61,195 shares traded. Raven Industries, Inc. (NASDAQ:RAVN) has risen 18.49% since April 15, 2017 and is uptrending. It has outperformed by 6.94% the S&P500.

Among 15 analysts covering Phillips 66 Partners (NYSE:PSXP), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Phillips 66 Partners had 51 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Phillips 66 Partners LP (NYSE:PSXP) earned “Buy” rating by Citigroup on Wednesday, January 25. The company was maintained on Tuesday, March 13 by JP Morgan. The stock of Phillips 66 Partners LP (NYSE:PSXP) earned “Overweight” rating by Barclays Capital on Monday, October 30. The rating was upgraded by Goldman Sachs to “Buy” on Monday, December 18. Stifel Nicolaus initiated it with “Buy” rating and $59 target in Thursday, August 18 report. Stifel Nicolaus maintained Phillips 66 Partners LP (NYSE:PSXP) on Thursday, September 7 with “Buy” rating. As per Sunday, July 23, the company rating was maintained by RBC Capital Markets. The rating was upgraded by Goldman Sachs on Tuesday, October 17 to “Hold”. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 25. RBC Capital Markets maintained the shares of PSXP in report on Sunday, August 27 with “Buy” rating. See Phillips 66 Partners LP (NYSE:PSXP) latest ratings:

27/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $60 New Target: $56.5 Maintain
13/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $60 New Target: $61 Maintain
05/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $59 New Target: $56 Maintain
04/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $62.0 Maintain
29/01/2018 Broker: Scotia Capital Rating: Buy New Target: $60.0 Maintain
17/01/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Old Target: $59 Downgrade
16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $64.0 Maintain
11/01/2018 Broker: Morgan Stanley Rating: Hold Downgrade
05/01/2018 Broker: Credit Suisse Rating: Neutral New Target: $52 Initiates Coverage On
18/12/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade

Analysts await Raven Industries, Inc. (NASDAQ:RAVN) to report earnings on May, 28. They expect $0.48 earnings per share, up 41.18% or $0.14 from last year’s $0.34 per share. RAVN’s profit will be $17.22 million for 18.41 P/E if the $0.48 EPS becomes a reality. After $0.24 actual earnings per share reported by Raven Industries, Inc. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Among 4 analysts covering Raven Industries (NASDAQ:RAVN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Raven Industries had 12 analyst reports since March 11, 2016 according to SRatingsIntel. SunTrust upgraded Raven Industries, Inc. (NASDAQ:RAVN) rating on Wednesday, January 31. SunTrust has “Buy” rating and $41.0 target. The firm earned “Hold” rating on Thursday, August 24 by Piper Jaffray. The rating was downgraded by Dougherty & Company on Friday, March 11 to “Neutral”. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, November 21 report. The stock has “Neutral” rating by Dougherty on Tuesday, December 5. Dougherty & Company upgraded Raven Industries, Inc. (NASDAQ:RAVN) on Friday, February 17 to “Buy” rating. The firm has “Hold” rating given on Friday, November 3 by Piper Jaffray. The rating was maintained by Piper Jaffray with “Hold” on Thursday, July 27. The firm has “Neutral” rating by Piper Jaffray given on Thursday, December 15. The firm earned “Hold” rating on Friday, September 29 by Piper Jaffray.

Since March 21, 2018, it had 1 insider buy, and 0 insider sales for $114,943 activity. PAROD RICK bought $114,943 worth of stock.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.10, from 1.16 in 2017Q3. It turned negative, as 14 investors sold Raven Industries, Inc. shares while 52 reduced holdings. 27 funds opened positions while 43 raised stakes. 25.24 million shares or 1.01% less from 25.49 million shares in 2017Q3 were reported. Ellington Management Grp Lc stated it has 6,300 shares. Louisiana State Employees Retirement Sys owns 15,400 shares for 0.02% of their portfolio. Gabelli Funds Ltd invested in 113,000 shares. Rhumbline Advisers reported 83,698 shares stake. Royal Comml Bank Of Canada has 0% invested in Raven Industries, Inc. (NASDAQ:RAVN). Schroder Invest invested in 0% or 3,300 shares. Proshare Advisors Lc holds 6,455 shares. 4.43 million were reported by Blackrock. Essex Invest Management Ltd Liability has 42,085 shares for 0.19% of their portfolio. Pub Employees Retirement Association Of Colorado holds 0% in Raven Industries, Inc. (NASDAQ:RAVN) or 10,628 shares. Kbc Group Nv holds 0% or 8,352 shares. Citigroup Incorporated has 9,862 shares. Cap Fund Management Sa stated it has 11,900 shares. Pinebridge Invs Limited Partnership has invested 0.04% in Raven Industries, Inc. (NASDAQ:RAVN). Comerica Commercial Bank holds 36,757 shares or 0.01% of its portfolio.

Phillips 66 Partners LP owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids pipelines and terminals, as well as other transportation midstream assets. The company has market cap of $5.96 billion. It operates pipeline assets in Lake Charles, Sweeny, Wood River, Borger/Ponca City, Billings, and Borger; terminal, rail rack, and storage assets in Louisiana, Texas, Illinois, Missouri, Kansas, Oklahoma, New Jersey, Washington, and Montana; marine assets in Lake Charles and Wood River; and natural gas liquids assets in Texas and Louisiana. It has a 19.37 P/E ratio. Phillips 66 Partners GP LLC operates as the general partner of Phillips 66 Partners LP.

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.22, from 1.19 in 2017Q3. It is negative, as 18 investors sold Phillips 66 Partners LP shares while 43 reduced holdings. 21 funds opened positions while 38 raised stakes. 45.55 million shares or 5.95% more from 42.99 million shares in 2017Q3 were reported. State Of Tennessee Treasury Department owns 112,566 shares for 0.03% of their portfolio. Pinnacle Ltd Liability has invested 0.99% in Phillips 66 Partners LP (NYSE:PSXP). Cadence Capital Limited Liability Com holds 0.58% in Phillips 66 Partners LP (NYSE:PSXP) or 174,834 shares. 53,200 were reported by Fmr Lc. Ontario – Canada-based Royal Comml Bank Of Canada has invested 0% in Phillips 66 Partners LP (NYSE:PSXP). Century has invested 0.01% in Phillips 66 Partners LP (NYSE:PSXP). The North Carolina-based Carroll Fin Assocs Inc has invested 0% in Phillips 66 Partners LP (NYSE:PSXP). Raymond James & Associate has invested 0.01% in Phillips 66 Partners LP (NYSE:PSXP). Texas Yale owns 80,380 shares for 0.36% of their portfolio. Principal Financial Gru Incorporated Inc has invested 0.01% in Phillips 66 Partners LP (NYSE:PSXP). Cushing Asset Limited Partnership invested 2.94% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). Rockefeller Inc reported 0% of its portfolio in Phillips 66 Partners LP (NYSE:PSXP). Wells Fargo Mn accumulated 0% or 261,542 shares. Raymond James Fincl Services Advisors invested in 0.03% or 90,245 shares. 10.16 million were accumulated by Tortoise Capital Ltd Limited Liability Company.

The stock increased 0.22% or $0.11 during the last trading session, reaching $49.04. About 271,621 shares traded. Phillips 66 Partners LP (NYSE:PSXP) has declined 6.62% since April 15, 2017 and is downtrending. It has underperformed by 18.17% the S&P500.

Phillips 66 Partners LP (NYSE:PSXP) Institutional Positions Chart