Bank of America decreased their price objective on shares of Laredo Petroleum from $13.00 to $11.00 and set an "underperform" rating on the stock in a research report on Thursday. Encompass Capital Advisors Llc who had been investing in Laredo Petroleum Inc for a number of months, seems to be less bullish one the $2.07 billion market cap company. At the close of regular trading, its last week's stock price volatility was 2.82% which for the month reaches 3.64%. About 318,233 shares traded. Laredo Petroleum, Inc. (NYSE:LPI) has risen 17.65% since March 9, 2017 and is uptrending. It has outperformed by 26.62% the S&P500.
Fulton Bank increased Cummins Inc (CMI) stake by 35.6% reported in 2017Q3 SEC filing. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.
For the current quarter, 18 analysts are projecting a mean EPS of $0.26/share. IBERIA downgraded Laredo Petroleum, Inc.More news: Honda X-Blade 160cc Launched At Rs 78500
Previously Laredo Petroleum Holdings Inc (NYSE:LPI) reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. About 1.47M shares traded. Cummins Inc. (NYSE:CMI) has risen 43.32% since March 9, 2017 and is uptrending. It has outperformed by 97.03% the S&P500. Credit Suisse Group assumed coverage on Laredo Petroleum in a research note on Monday, December 11th.
Laredo Petroleum (NYSE:LPI) last announced its quarterly earnings data on Wednesday, February 14th. Alliancebernstein Lp invested in 0% or 77,640 shares. ANTM's profit will be $1.31B for 11.12 P/E if the $5.12 EPS becomes a reality. Citigroup Inc has invested 0% in Laredo Petroleum, Inc. Wall Street experts also assign a $12.61 price target on Laredo Petroleum, Inc., pointing towards a 44.44% rally from current levels. Therefore 34% are positive. Carbonite had 16 analyst reports since September 21, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, January 18 by Tudor Pickering. The firm has "Buy" rating by Sterne Agee CRT given on Monday, July 27. The stock hit its 52-week high on 04/05/17, and 52-week low on 02/14/18. The company was maintained on Wednesday, August 12 by Credit Suisse. (NYSE:ANTM) on Thursday, February 1 with "Buy" rating. FBR Capital maintained the stock with "Outperform" rating in Wednesday, February 15 report. The firm has "Hold" rating by Williams Capital Group given on Thursday, January 25. Flossbach Von Storch Ag sold 10,088 shares as the company's stock rose 13.55% with the market. The stock of Laredo Petroleum, Inc. The institutional investor held 264,150 shares of the energy company at the end of 2017Q3, valued at $3.42 million, down from 289,850 at the end of the previous reported quarter.
Investors sentiment increased to 1.27 in Q3 2017. Its down 0.28, from 1.36 in 2017Q2. It increased, as 23 investors sold LPI shares while 41 reduced holdings. 20 funds opened positions while 57 raised stakes. It improved, as 23 investors sold Laredo Petroleum, Inc. shares while 41 reduced holdings.More news: Heather Locklear domestic violence charges dropped
Laredo Petroleum Holdings, Inc.is engaged in the exploration, development and acquisition of oil and natural gas properties in the Permian and Mid-Continent regions of the United States.
Press coverage about Laredo Petroleum (NYSE:LPI) has trended somewhat positive on Saturday, according to Accern. (NYSE:LPI). 718,979 were reported by Connor Clark & Lunn Investment Management. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported. Atlantic Tru Group Inc Ltd Liability Corporation accumulated 0% or 37,240 shares. 13,084 are owned by Teacher Retirement Sys Of Texas. Vaughan Nelson Invest Mngmt Limited Partnership accumulated 3.89 million shares. Us Retail Bank De stated it has 200 shares or 0% of all its holdings. Jpmorgan Chase & reported 12,494 shares or 0% of all its holdings. Capital Fund Management S.A. now owns 501,419 shares of the oil and gas producer's stock valued at $5,320,000 after purchasing an additional 464,219 shares during the period. Wafra Advisory Gp Ny holds 4,896 shares or 0.02% of its portfolio. Panagora Asset Mngmt holds 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 15,491 shares. (NYSE:LPI). Campbell & Com Invest Adviser Ltd Liability Corp, Maryland-based fund reported 26,265 shares.More news: Royal pay gap? 'The Crown''s Queen Elizabeth paid less than her prince