ARC Group Worldwide, Inc. (ARCW) Forms $2.15 Double Bottom; 28 Analysts Bullish CBS (CBS)

CBS Corporation (NYSE:CBS) Logo

Among 37 analysts covering CBS Corp (NYSE:CBS), 28 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. CBS Corp had 116 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Pacific Crest on Friday, October 9 with “Sector Weight”. The rating was initiated by Drexel Hamilton with “Buy” on Tuesday, September 6. The firm earned “Buy” rating on Tuesday, January 24 by Needham. Benchmark maintained it with “Buy” rating and $76 target in Friday, May 5 report. RBC Capital Markets maintained CBS Corporation (NYSE:CBS) rating on Monday, September 11. RBC Capital Markets has “Buy” rating and $77.0 target. As per Tuesday, September 19, the company rating was maintained by Cowen & Co. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, August 11. RBC Capital Markets maintained it with “Buy” rating and $66.0 target in Friday, November 3 report. The firm earned “Buy” rating on Thursday, July 13 by Jefferies. The stock of CBS Corporation (NYSE:CBS) earned “Outperform” rating by Credit Suisse on Friday, November 3. See CBS Corporation (NYSE:CBS) latest ratings:

16/04/2018 Broker: Barrington Rating: Buy New Target: $73.0000
03/04/2018 Broker: KeyBanc Capital Markets Rating: Hold Maintain
28/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $71 New Target: $61 Maintain
16/03/2018 Broker: Loop Capital Rating: Buy New Target: $75 Initiates Coverage On
22/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $75 New Target: $71 Maintain
21/02/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $75 New Target: $70 Maintain
16/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $71.0 Maintain
16/02/2018 Broker: Cowen & Co Rating: Buy New Target: $69.0 Maintain
29/01/2018 Broker: Wells Fargo Rating: Hold New Target: $63.0 Downgrade
22/01/2018 Broker: Stephens Rating: Hold New Target: $64.0 Downgrade

ARC Group Worldwide, Inc. (ARCW) formed double bottom with $2.04 target or 5.00% below today’s $2.15 share price. ARC Group Worldwide, Inc. (ARCW) has $39.36 million valuation. The stock decreased 4.44% or $0.1 during the last trading session, reaching $2.15. About 46,354 shares traded or 170.10% up from the average. ARC Group Worldwide, Inc. (NASDAQ:ARCW) has declined 51.22% since April 18, 2017 and is downtrending. It has underperformed by 62.77% the S&P500.

Investors sentiment decreased to 0.59 in 2017 Q4. Its down 0.44, from 1.03 in 2017Q3. It is negative, as 80 investors sold CBS Corporation shares while 278 reduced holdings. 65 funds opened positions while 148 raised stakes. 226.28 million shares or 0.25% more from 225.71 million shares in 2017Q3 were reported. Amundi Pioneer Asset Mngmt Incorporated stated it has 602,128 shares or 0.05% of all its holdings. Vestor Capital Ltd Company has invested 0.21% of its portfolio in CBS Corporation (NYSE:CBS). Hourglass Llc accumulated 155,896 shares or 2.09% of the stock. Philadelphia invested in 169,028 shares or 0.78% of the stock. Gulf Savings Bank (Uk) Ltd holds 107,675 shares or 0.08% of its portfolio. Manufacturers Life Ins The holds 0% or 4 shares in its portfolio. Guardian Company holds 16,100 shares or 0.01% of its portfolio. Harvey Cap Mgmt holds 160,046 shares. Moneta Group Inc Invest Advsrs Limited Liability Corporation holds 0% in CBS Corporation (NYSE:CBS) or 200 shares. Us Bancorp De owns 30 shares. Ssi Mgmt holds 0.02% or 3,860 shares. 48,397 are held by Matrix Asset Incorporated Ny. Dana Investment Advsrs invested 0.01% in CBS Corporation (NYSE:CBS). 27,000 are held by Alpine Woods Capital Limited Liability. Principal Finance Inc holds 0.03% or 543,231 shares in its portfolio.

The stock increased 0.47% or $0.24 during the last trading session, reaching $51.14. About 2.22M shares traded. CBS Corporation (NYSE:CBS) has declined 22.43% since April 18, 2017 and is downtrending. It has underperformed by 33.98% the S&P500.

CBS Corporation operates as a mass media firm worldwide. The company has market cap of $19.45 billion. The firm operates through four divisions: Entertainment, Cable Networks, Publishing, and Local Media. It has a 58.05 P/E ratio. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces, acquires, and distributes theatrical motion pictures; and digital streaming services.

Since December 12, 2017, it had 0 insider buys, and 12 sales for $59.33 million activity. 2,910 shares valued at $175,000 were sold by Ianniello Joseph R on Tuesday, January 16. $5.15M worth of CBS Corporation (NYSE:CBS) was sold by MOONVES LESLIE on Thursday, January 18.

Since February 15, 2018, it had 2 insider buys, and 0 selling transactions for $20,350 activity. $10,350 worth of ARC Group Worldwide, Inc. (NASDAQ:ARCW) was bought by Knaley Brian on Thursday, February 15. 5,000 shares valued at $10,000 were bought by Neely Eddie W on Friday, February 23.

CBS Corporation (NYSE:CBS) Institutional Positions Chart