IBERIABANK (IBKC) Forms $82.40 Double Bottom; Forum Energy Technologies, Inc. (FET) Had 4 Analysts Last Week

Among 21 analysts covering Forum Energy Technologies (NYSE:FET), 4 have Buy rating, 0 Sell and 17 Hold. Therefore 19% are positive. Forum Energy Technologies had 63 analyst reports since July 28, 2015 according to SRatingsIntel. Societe Generale initiated Forum Energy Technologies, Inc. (NYSE:FET) rating on Wednesday, June 7. Societe Generale has “Buy” rating and $20 target. The company was maintained on Wednesday, July 5 by Jefferies. The firm has “Hold” rating given on Thursday, January 4 by Jefferies. The firm earned “Outperform” rating on Monday, July 27 by Cowen & Co. The firm earned “Equal-Weight” rating on Tuesday, April 19 by Morgan Stanley. The stock of Forum Energy Technologies, Inc. (NYSE:FET) has “Buy” rating given on Thursday, October 6 by DA Davidson. The stock has “Neutral” rating by Citigroup on Wednesday, July 13. William Blair downgraded the shares of FET in report on Friday, December 18 to “Market Perform” rating. The stock has “Hold” rating by Jefferies on Thursday, October 5. The stock of Forum Energy Technologies, Inc. (NYSE:FET) earned “Equal-Weight” rating by Barclays Capital on Wednesday, July 12. See Forum Energy Technologies, Inc. (NYSE:FET) latest ratings:

11/01/2018 Broker: Cowen & Co Rating: Hold New Target: $13.0 Maintain
04/01/2018 Broker: Jefferies Rating: Hold New Target: $17.0 Maintain
16/10/2017 Broker: Jefferies Rating: Hold New Target: $16.0 Maintain
10/10/2017 Broker: Deutsche Bank Rating: Hold New Target: $17 Initiates Coverage On
06/10/2017 Broker: Cowen & Co Rating: Hold New Target: $11.0 Maintain
05/10/2017 Broker: Jefferies Rating: Hold New Target: $17.0 Maintain
05/10/2017 Broker: Citigroup Rating: Neutral Old Target: $14 New Target: $16 Maintain
24/08/2017 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Downgrade
31/07/2017 Broker: Scotia Capital Rating: Hold New Target: $24.0000

IBERIABANK Corporation (IBKC) formed double bottom with $74.98 target or 9.00% below today’s $82.40 share price. IBERIABANK Corporation (IBKC) has $4.44B valuation. The stock increased 0.55% or $0.45 during the last trading session, reaching $82.4. About 19,097 shares traded. IBERIABANK Corporation (NASDAQ:IBKC) has risen 31.12% since January 19, 2017 and is uptrending. It has outperformed by 14.42% the S&P500.

The stock decreased 1.47% or $0.25 during the last trading session, reaching $16.75. About 29,861 shares traded. Forum Energy Technologies, Inc. (NYSE:FET) has risen 4.75% since January 19, 2017 and is uptrending. It has underperformed by 11.95% the S&P500.

Forum Energy Technologies, Inc. designs, makes, and distributes products to the oil and natural gas industry in the United States and internationally. The company has market cap of $1.80 billion. The firm operates in three divisions: Drilling & Subsea, Completions, and Production & Infrastructure. It currently has negative earnings. The Drilling & Subsea segment creates and makes products, and provides related services to the drilling and subsea construction markets.

Investors sentiment decreased to 1.34 in Q3 2017. Its down 0.87, from 2.21 in 2017Q2. It dived, as 21 investors sold Forum Energy Technologies, Inc. shares while 29 reduced holdings. 15 funds opened positions while 52 raised stakes. 97.69 million shares or 4.01% less from 101.77 million shares in 2017Q2 were reported. Contrarius Inv Management holds 0.23% of its portfolio in Forum Energy Technologies, Inc. (NYSE:FET) for 244,217 shares. Mesirow Inv Management holds 1.14 million shares. Goldman Sachs Group holds 299,501 shares. Suntrust Banks Inc accumulated 15,438 shares. Moreover, Manufacturers Life Insurance Company The has 0% invested in Forum Energy Technologies, Inc. (NYSE:FET). Jennison Associate Ltd Liability Company invested in 0.04% or 2.59M shares. Texas-based Simmons L E & Assoc has invested 100% in Forum Energy Technologies, Inc. (NYSE:FET). Vanguard Group Inc reported 5.72 million shares or 0% of all its holdings. California Employees Retirement Sys reported 26,000 shares or 0% of all its holdings. Amer Int holds 0% or 46,273 shares. Invesco Limited holds 3.32M shares. Boston Ptnrs holds 0.02% in Forum Energy Technologies, Inc. (NYSE:FET) or 899,143 shares. Dimensional Fund L P has 0.03% invested in Forum Energy Technologies, Inc. (NYSE:FET). Citigroup reported 29,503 shares or 0% of all its holdings. Loomis Sayles Co Limited Partnership reported 768,420 shares.

Among 14 analysts covering IberiaBank (NASDAQ:IBKC), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. IberiaBank has $97.0 highest and $60 lowest target. $83’s average target is 0.73% above currents $82.4 stock price. IberiaBank had 46 analyst reports since August 25, 2015 according to SRatingsIntel. Sandler O’Neill downgraded IBERIABANK Corporation (NASDAQ:IBKC) on Tuesday, September 13 to “Hold” rating. Jefferies upgraded IBERIABANK Corporation (NASDAQ:IBKC) on Monday, October 9 to “Buy” rating. The firm has “Buy” rating by Jefferies given on Monday, January 8. The rating was upgraded by Raymond James on Friday, May 19 to “Strong Buy”. The rating was upgraded by PiperJaffray on Tuesday, August 15 to “Overweight”. The stock of IBERIABANK Corporation (NASDAQ:IBKC) earned “Mkt Perform” rating by Raymond James on Tuesday, August 25. The rating was downgraded by Robert W. Baird to “Hold” on Monday, October 23. The stock has “Hold” rating by Jefferies on Friday, June 9. The rating was downgraded by Stephens on Friday, October 20 to “Equal-Weight”. The stock of IBERIABANK Corporation (NASDAQ:IBKC) has “Buy” rating given on Monday, July 31 by Stephens.

Since August 7, 2017, it had 0 insider buys, and 2 selling transactions for $882,917 activity. BREAUX ERNEST P JR sold $390,900 worth of stock or 5,000 shares. Another trade for 6,141 shares valued at $492,017 was sold by DAVIS JOHN R.