NextDecade (NEXT) Coveraged By Bank of America with $10 Target; Royce Micro-cap Trust (RMT) Sentiment Is 1.42

Royce Micro-cap Trust Inc (RMT) investors sentiment decreased to 1.42 in Q4 2017. It’s down -0.19, from 1.61 in 2017Q3. The ratio has worsened, as 34 investment managers started new and increased equity positions, while 24 reduced and sold holdings in Royce Micro-cap Trust Inc. The investment managers in our database now hold: 9.45 million shares, down from 10.09 million shares in 2017Q3. Also, the number of investment managers holding Royce Micro-cap Trust Inc in top ten equity positions decreased from 2 to 1 for a decrease of 1. Sold All: 5 Reduced: 19 Increased: 23 New Position: 11.

Bank of America started its coverage on NextDecade (NEXT), today 17 April. Investment firm finds the stock of NEXT attractive and has price target of $10 with “Buy” rating.

NextDecade Corporation operates as a development and management firm of land and floating LNG projects. The company has market cap of $593.70 million. The company’s focus is on a land project on the United States Gulf Coast called Rio Grande LNG in Brownsville, Texas. It currently has negative earnings. It provides various services to its customers, including supply and trade of LNG volumes; creation of new natural gas infrastructure, including pipeline and natural gas liquefaction facilities; and treatment and processing of natural gas into LNG, as well as technical engineering and design services related to the development and execution of natural gas infrastructure, transporting, shipping, and storage of LNG.

The stock increased 4.30% or $0.23 during the last trading session, reaching $5.58. About 33,808 shares traded. NextDecade Corporation (NEXT) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 2 analysts covering NextDecade (NEXT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. NextDecade has $10 highest and $9 lowest target. $9.50’s average target is 70.25% above currents $5.58 stock price. NextDecade had 2 analyst reports since January 5, 2018 according to SRatingsIntel.

Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. The company has market cap of $375.64 million. It invests in the public equity markets of the United States. It has a 5.42 P/E ratio. The fund seeks to invest in stocks of companies operating across diversified sectors.

The stock increased 0.72% or $0.0699 during the last trading session, reaching $9.7799. About 48,912 shares traded. Royce Micro-Cap Trust, Inc. (RMT) has risen 13.38% since April 17, 2017 and is uptrending. It has outperformed by 1.83% the S&P500.

Shaker Financial Services Llc holds 2.67% of its portfolio in Royce Micro-Cap Trust, Inc. for 597,398 shares. Fca Corp Tx owns 342,022 shares or 1.29% of their US portfolio. Moreover, Bard Associates Inc has 1.1% invested in the company for 242,391 shares. The New York-based Horizon Kinetics Llc has invested 0.75% in the stock. Advisory Alpha Llc, a Michigan-based fund reported 239,083 shares.

NextDecade Corporation (NASDAQ:NEXT) Ratings Chart