Analysts at RBC Capital Reiterate their “Buy” rating for Analog Devices (ADI) with $95.0 Target; Templeton Emerging Markets Income Fund (TEI) Has 0.94 Sentiment

November 15, 2017 - By Darrin Black

Templeton Emerging Markets Income Fund is a non-diversified, closed-ended management investment company. The company has market cap of $540.94 million. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. It currently has negative earnings. It invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk.

Among 28 analysts covering Analog Devices (NASDAQ:ADI), 17 have Buy rating, 0 Sell and 11 Hold. Therefore 61% are positive. Analog Devices has $110.0 highest and $50 lowest target. $81.92’s average target is -9.42% below currents $90.44 stock price. Analog Devices had 98 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Oppenheimer given on Wednesday, August 30. The stock of Analog Devices, Inc. (NASDAQ:ADI) has “Outperform” rating given on Monday, November 23 by RBC Capital Markets. Morgan Stanley upgraded the stock to “Overweight” rating in Wednesday, July 27 report. The firm has “Buy” rating by Drexel Hamilton given on Tuesday, June 20. On Friday, December 4 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The rating was maintained by SunTrust on Wednesday, May 31 with “Buy”. Citigroup maintained it with “Neutral” rating and $66 target in Thursday, August 18 report. M Partners maintained the stock with “Neutral” rating in Wednesday, November 25 report. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Buy” rating by Bank of America on Wednesday, November 23. The stock has “Buy” rating by Drexel Hamilton on Wednesday, May 31.

The stock increased 0.46% or $0.41 during the last trading session, reaching $90.44. About 88 shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 45.85% since November 15, 2016 and is uptrending. It has outperformed by 29.15% the S&P500.

Investors sentiment decreased to 1.14 in Q2 2017. Its down 1.62, from 2.76 in 2017Q1. It dropped, as 66 investors sold Analog Devices, Inc. shares while 222 reduced holdings. 79 funds opened positions while 248 raised stakes. 313.75 million shares or 0.35% less from 314.84 million shares in 2017Q1 were reported. Pacad Invest Ltd owns 24,700 shares for 0.28% of their portfolio. Alphamark Advisors Ltd holds 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 67 shares. Doheny Asset Mngmt Ca stated it has 20,726 shares or 0.76% of all its holdings. Pathstone Family Office Limited Liability Co reported 0.37% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Ing Groep Nv, Netherlands-based fund reported 41,702 shares. Weiss Multi owns 14,777 shares. Horizon Kinetics Limited accumulated 0.03% or 10,255 shares. State Board Of Administration Of Florida Retirement holds 497,371 shares. State Bank Of Stockton holds 16,344 shares or 0.58% of its portfolio. Columbia Ptnrs L L C Inv Mgmt reported 20,478 shares. Madison Invest has 0.02% invested in Analog Devices, Inc. (NASDAQ:ADI). Markel has invested 0.86% in Analog Devices, Inc. (NASDAQ:ADI). Everence owns 7,094 shares. Montag & Caldwell Ltd Liability Corp holds 1.9% or 827,641 shares. Capstone Asset Management owns 124,543 shares or 0.27% of their US portfolio.

Analysts await Analog Devices, Inc. (NASDAQ:ADI) to report earnings on November, 21 before the open. They expect $1.36 earnings per share, up 29.52% or $0.31 from last year’s $1.05 per share. ADI’s profit will be $500.00M for 16.63 P/E if the $1.36 EPS becomes a reality. After $1.26 actual earnings per share reported by Analog Devices, Inc. for the previous quarter, Wall Street now forecasts 7.94% EPS growth.

Analog Devices, Inc. designs, makes and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. The company has market cap of $33.25 billion. The Company’s products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products. It has a 45.15 P/E ratio. The Firm is a supplier of data converter products.

Since May 22, 2017, it had 0 insider purchases, and 4 selling transactions for $4.60 million activity. $6,538 worth of stock was sold by CHAMPY JAMES on Wednesday, June 7. Shares for $244,620 were sold by SEIF MARGARET K on Monday, May 22. The insider ROCHE VINCENT sold $4.11M. Real Peter sold $244,620 worth of stock or 3,000 shares.

Trust Asset Management Llc holds 6.13% of its portfolio in Templeton Emerging Markets Income Fund for 1.50 million shares. Rivernorth Capital Management Llc owns 1.41 million shares or 1.21% of their US portfolio. Moreover, First Heartland Consultants Inc. has 0.45% invested in the company for 155,550 shares. The New York-based Saba Capital Management L.P. has invested 0.39% in the stock. Vident Investment Advisory Llc, a Georgia-based fund reported 412,078 shares.

The stock decreased 0.62% or $0.07 on November 14, reaching $11.27. About shares traded. Templeton Emerging Markets Income Fund (TEI) has risen 10.99% since November 15, 2016 and is uptrending. It has underperformed by 5.71% the S&P500.

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