Resources Connection, Inc. (RECN) At $15.70 Forms Top; Last Week Marks and Spencer Group plc (MAKSY) Coverage

Resources Connection, Inc. (NASDAQ:RECN) Logo

Among 6 analysts covering Marks and Spencer (OTCMKTS:MAKSY), 3 have Buy rating, 2 Sell and 1 Hold. Therefore 50% are positive. Marks and Spencer had 6 analyst reports since October 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, November 14 by Citigroup. Investec downgraded Marks and Spencer Group plc (OTCMKTS:MAKSY) on Tuesday, November 29 to “Sell” rating. Berenberg downgraded the stock to “Sell” rating in Friday, January 8 report. The stock of Marks and Spencer Group plc (OTCMKTS:MAKSY) has “Buy” rating given on Monday, December 12 by Bank of America. Jefferies upgraded Marks and Spencer Group plc (OTCMKTS:MAKSY) on Tuesday, February 28 to “Buy” rating. The rating was downgraded by JP Morgan on Wednesday, October 7 to “Neutral”. See Marks and Spencer Group plc (OTCMKTS:MAKSY) latest ratings:

Resources Connection, Inc. (RECN) formed multiple top with $16.17 target or 3.00% above today’s $15.70 share price. Resources Connection, Inc. (RECN) has $494.79M valuation. The stock decreased 0.63% or $0.1 during the last trading session, reaching $15.7. About 74,070 shares traded. Resources Connection, Inc. (NASDAQ:RECN) has declined 2.76% since April 22, 2017 and is downtrending. It has underperformed by 14.31% the S&P500.

Analysts await Resources Connection, Inc. (NASDAQ:RECN) to report earnings on July, 19. They expect $0.27 EPS, up 35.00% or $0.07 from last year’s $0.2 per share. RECN’s profit will be $8.51 million for 14.54 P/E if the $0.27 EPS becomes a reality. After $0.18 actual EPS reported by Resources Connection, Inc. for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

Since April 9, 2018, it had 0 insider purchases, and 1 insider sale for $95,232 activity. Shares for $95,232 were sold by Wargotz Michael H.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.43, from 1.29 in 2017Q3. It worsened, as 17 investors sold Resources Connection, Inc. shares while 40 reduced holdings. 15 funds opened positions while 34 raised stakes. 24.23 million shares or 2.38% more from 23.67 million shares in 2017Q3 were reported. Hotchkis Wiley Cap Management Lc holds 0.01% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN) for 106,777 shares. Northern Trust, Illinois-based fund reported 380,685 shares. 19,143 were reported by Texas Permanent School Fund. Invesco Ltd holds 0.01% or 1.36M shares in its portfolio. Gemmer Asset Mngmt Lc invested 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Renaissance Techs Ltd Com, a New York-based fund reported 47,900 shares. Parkside Fin Natl Bank And Trust holds 21 shares or 0% of its portfolio. Peak6 Invests Lp reported 4,795 shares. Jpmorgan Chase & Co holds 236,760 shares. Deutsche National Bank & Trust Ag owns 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 98,447 shares. State Of Tennessee Treasury Department owns 23,528 shares for 0% of their portfolio. 33,407 are held by Stone Ridge Asset Mngmt Ltd Liability Corp. Comerica Commercial Bank invested in 0% or 29,116 shares. Great West Life Assurance Can holds 37,153 shares. Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 16,279 shares.

Among 4 analysts covering Resources Connection Inc. (NASDAQ:RECN), 0 have Buy rating, 3 Sell and 1 Hold. Therefore 0 are positive. Resources Connection Inc. had 10 analyst reports since August 18, 2016 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Hold” on Wednesday, April 4. JP Morgan downgraded Resources Connection, Inc. (NASDAQ:RECN) on Thursday, January 4 to “Underweight” rating. J.P. Morgan downgraded Resources Connection, Inc. (NASDAQ:RECN) on Thursday, January 4 to “Sell” rating. Robert W. Baird maintained the shares of RECN in report on Thursday, October 6 with “Neutral” rating. The company was maintained on Friday, November 10 by Robert W. Baird. The firm has “Hold” rating by Robert W. Baird given on Friday, August 25. Deutsche Bank maintained the stock with “Sell” rating in Thursday, October 6 report. As per Wednesday, January 3, the company rating was maintained by Robert W. Baird. The rating was initiated by Deutsche Bank with “Sell” on Thursday, August 18. Deutsche Bank maintained Resources Connection, Inc. (NASDAQ:RECN) rating on Friday, July 21. Deutsche Bank has “Sell” rating and $12 target.

Resources Connection, Inc. (NASDAQ:RECN) Institutional Positions Chart