Citigroup Analyzed Frontier Developments Plc (LON:FDEV) with GBX 1540.00 Target; Salem Investment Counselors Lifted Its Lilly Eli & Co (LLY) Holding

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Stock analysts at Citigroup issued “Buy” rating on Frontier Developments Plc (LON:FDEV). The firm has started coverage in an analyst note sent to investors and clients on Thursday, 3 May. Citigroup’s target price means upside of 17.11% from the company’s last close price.

Salem Investment Counselors Inc increased Lilly Eli & Co (LLY) stake by 12.68% reported in 2017Q4 SEC filing. Salem Investment Counselors Inc acquired 6,144 shares as Lilly Eli & Co (LLY)’s stock declined 11.06%. The Salem Investment Counselors Inc holds 54,604 shares with $4.61 million value, up from 48,460 last quarter. Lilly Eli & Co now has $81.26 billion valuation. The stock decreased 0.30% or $0.24 during the last trading session, reaching $78.83. About 5.17M shares traded or 8.14% up from the average. Eli Lilly and Company (NYSE:LLY) has declined 10.19% since May 3, 2017 and is downtrending. It has underperformed by 21.74% the S&P500.

Salem Investment Counselors Inc decreased Mckesson Corp (NYSE:MCK) stake by 11,795 shares to 6,545 valued at $1.02M in 2017Q4. It also reduced Energy Transfer Partners Lp stake by 21,942 shares and now owns 104,695 shares. Devon Energy Corp New (NYSE:DVN) was reduced too.

Among 22 analysts covering Eli Lilly and Company (NYSE:LLY), 13 have Buy rating, 1 Sell and 8 Hold. Therefore 59% are positive. Eli Lilly and Company has $125 highest and $64 lowest target. $93.70’s average target is 18.86% above currents $78.83 stock price. Eli Lilly and Company had 102 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Leerink Swann with “Hold” on Thursday, August 31. The firm has “Buy” rating by Jefferies given on Monday, February 26. The stock has “Outperform” rating by Leerink Swann on Thursday, November 12. On Monday, November 13 the stock rating was maintained by BMO Capital Markets with “Sell”. The stock has “Neutral” rating by Credit Suisse on Tuesday, October 10. As per Wednesday, April 6, the company rating was initiated by Societe Generale. Piper Jaffray maintained Eli Lilly and Company (NYSE:LLY) rating on Friday, September 8. Piper Jaffray has “Buy” rating and $105.0 target. As per Tuesday, September 27, the company rating was upgraded by Goldman Sachs. The firm has “Buy” rating given on Friday, September 18 by Jefferies. The rating was maintained by Jefferies with “Buy” on Thursday, June 22.

Since December 11, 2017, it had 0 insider purchases, and 9 sales for $36.30 million activity. Simmons Jeffrey N also sold $780,780 worth of Eli Lilly and Company (NYSE:LLY) shares. Zakrowski Donald A had sold 900 shares worth $72,981. $17.64M worth of Eli Lilly and Company (NYSE:LLY) was sold by LILLY ENDOWMENT INC. Mahony Susan sold $1.81M worth of stock. Shares for $237,600 were sold by Smiley Joshua L on Friday, March 16.

Investors sentiment increased to 1.1 in 2017 Q4. Its up 0.21, from 0.89 in 2017Q3. It is positive, as 42 investors sold LLY shares while 380 reduced holdings. 117 funds opened positions while 346 raised stakes. 827.08 million shares or 0.09% less from 827.83 million shares in 2017Q3 were reported. Charter Trust Company reported 93,204 shares. 753,516 were reported by Retirement Systems Of Alabama. Waddell & Reed Financial holds 0.4% or 2.14 million shares in its portfolio. Delta Asset Mngmt Lc Tn holds 752 shares or 0.01% of its portfolio. Amalgamated Bancorp holds 129,028 shares. Mercer Cap Advisers has invested 0.06% in Eli Lilly and Company (NYSE:LLY). Ontario Teachers Pension Plan Board reported 47,182 shares. Lombard Odier Asset (Europe) Ltd has 0.06% invested in Eli Lilly and Company (NYSE:LLY). Becker Inc holds 2,671 shares. Guernsey-based Bluecrest Cap Mgmt has invested 0.56% in Eli Lilly and Company (NYSE:LLY). Papp L Roy Associates stated it has 0.04% of its portfolio in Eli Lilly and Company (NYSE:LLY). Ibm Retirement Fund, New York-based fund reported 24,103 shares. Fincl Architects has invested 0.02% in Eli Lilly and Company (NYSE:LLY). Quantres Asset Management Ltd accumulated 11,000 shares or 0.59% of the stock. Tnb Fin holds 0.06% or 3,762 shares in its portfolio.

Frontier Developments plc, a software technology company, develops and sells video games for the interactive entertainment sector. The company has market cap of 506.79 million GBP. It focuses on video game development across various genres and platforms. It has a 68.04 P/E ratio. The firm serves clients in the United Kingdom, the United States, Canada, and internationally.

The stock increased 2.33% or GBX 30 during the last trading session, reaching GBX 1320. About 22,461 shares traded. Frontier Developments Plc (LON:FDEV) has 0.00% since May 3, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 5 analysts covering Frontier Developments Plc (LON:FDEV), 4 have Buy rating, 1 Sell and 0 Hold. Therefore 80% are positive. Frontier Developments Plc has GBX 1700 highest and GBX 210 lowest target. GBX 1261.50’s average target is -4.43% below currents GBX 1320 stock price. Frontier Developments Plc had 54 analyst reports since September 8, 2015 according to SRatingsIntel. FinnCap maintained the shares of FDEV in report on Wednesday, February 10 with “Corporate” rating. FinnCap maintained Frontier Developments Plc (LON:FDEV) on Thursday, February 9 with “Corporate” rating. Numis Securities maintained the shares of FDEV in report on Wednesday, July 6 with “Hold” rating. The stock of Frontier Developments Plc (LON:FDEV) has “Corporate” rating given on Friday, October 21 by FinnCap. The stock has “Corporate” rating by FinnCap on Wednesday, May 4. The stock of Frontier Developments Plc (LON:FDEV) earned “Buy” rating by Liberum Capital on Tuesday, April 3. The firm earned “Buy” rating on Thursday, September 7 by Liberum Capital. FinnCap maintained the stock with “Corporate” rating in Friday, July 1 report. The firm earned “Corporate” rating on Tuesday, November 3 by FinnCap. FinnCap maintained the shares of FDEV in report on Thursday, September 8 with “Corporate” rating.

Eli Lilly and Company (NYSE:LLY) Institutional Positions Chart