November 24, 2016 - By Linda Rogers
Starcom PLC (LON:STAR) had its stock rating noted as Buy by analysts at Northland Capital. Northland Capital currently has a GBX 3.70 price target on the 4.29 million GBP market cap company or 18.21% upside potential. This was disclosed to clients in analysts report on Thursday morning.
Out of 2 analysts covering Starcom PLC (LON:STAR), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. GBX 4.10 is the highest target while GBX 3.70 is the lowest. The GBX 3.70 average target is 23.33% above today’s (GBX 3) stock price. Starcom PLC has been the topic of 19 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Thursday, November 24 by Northland Capital. The firm has “Corporate” rating by Northland Capital given on Wednesday, January 6. The rating was maintained by Northland Capital with “Corporate” on Wednesday, September 30. Northland Capital maintained Starcom PLC (LON:STAR) rating on Friday, November 4. Northland Capital has “Buy” rating and GBX 3.70 price target. The stock of Starcom PLC (LON:STAR) earned “Corporate” rating by Northland Capital on Friday, August 21. Northland Capital maintained the stock with “Corporate” rating in Thursday, December 3 report. Northland Capital maintained the shares of STAR in a report on Wednesday, May 4 with “Buy” rating. The rating was maintained by Northland Capital on Monday, August 3 with “Corporate”. The stock of Starcom PLC (LON:STAR) has “Corporate” rating given on Friday, October 21 by Northland Capital. Beaufort Securities maintained Starcom PLC (LON:STAR) on Monday, August 24 with “Hold” rating.
About 103,251 shares traded hands. Starcom PLC (LON:STAR) has risen 25.00% since April 25, 2016 and is uptrending. It has outperformed by 19.59% the S&P500.
Analysts await istar Inc (NYSE:STAR) to report earnings on February, 23.
Insitutional Activity: The institutional sentiment increased to 1.2 in 2016 Q2. Its up 0.83, from 0.37 in 2016Q1. The ratio increased, as 22 funds sold all Starcom PLC shares owned while 57 reduced positions. 9 funds bought stakes while 20 increased positions. They now own 57.92 million shares or 11.20% less from 65.22 million shares in 2016Q1.
Ny State Common Retirement Fund has invested 0.01% of its portfolio in Starcom PLC (LON:STAR). Bnp Paribas Arbitrage holds 0% or 2,834 shares in its portfolio. Geode Capital Lc last reported 0% of its portfolio in the stock. Ubs Asset Mgmt Americas has 0% invested in the company for 58,287 shares. Art Advsrs Ltd Liability Co last reported 102,104 shares in the company. Goldman Sachs Grp Inc Inc reported 5.28M shares or 0.02% of all its holdings. Wells Fargo Communication Mn has 47,094 shares for 0% of their US portfolio. Swiss Savings Bank has invested 0% of its portfolio in Starcom PLC (LON:STAR). The Florida-based Ladenburg Thalmann Fincl Svcs has invested 0% in Starcom PLC (LON:STAR). Alliancebernstein L P, a New York-based fund reported 122,180 shares. Citadel Advsr Lc owns 15,774 shares or 0% of their US portfolio. Fifth Third Bancorporation holds 0% of its portfolio in Starcom PLC (LON:STAR) for 560 shares. California State Teachers Retirement Sys last reported 0% of its portfolio in the stock. Deutsche Bancorporation Ag last reported 0.01% of its portfolio in the stock. Pnc Financial Ser Group owns 531 shares or 0% of their US portfolio.
Starcom plc is engaged in the development of wireless solutions for the remote tracking, monitoring and protection of various types of assets and people. The company has a market cap of 4.29 million GBP. The Company, along with its subsidiaries, has four operating divisions: sets, accessory, Web and other. It currently has negative earnings. The Firm has two wholly owned subsidiaries: Starcom G.P.S.
According to Zacks Investment Research, “iStar Financial Inc. is the leading publicly traded finance company focused on the commercial real estate industry. The company, which is taxed as a real estate investment trust, provides structured mortgage, mezzanine and lease financing through its origination, acquisition and servicing platform. The company’s mission is to maximize risk-adjusted returns on equity by providing innovative and value-added financing solutions to private and corporate owners of real estate nationwide. (PRESS RELEASE)”
iStar Inc., formerly iStar Financial Inc., incorporated on June 15, 1999, finances, invests in and develops real estate and real estate related projects as part of its integrated investment platform. The Company’s business divisions include Real Estate Finance, Net Lease, Operating Properties, and Land and Development. The Real Estate Finance portfolio consists of senior and mezzanine real estate loans that may be either fixed-rate or variable-rate. The Net Lease portfolio consists of properties owned by the Company and leased to single tenants, where the properties are subject to long-term leases. The Operating Properties portfolio consists of commercial and residential properties, which represent a pool of assets across geographies and property types. The Land & Development portfolio consists of land entitled for master planned communities, as well as waterfront and urban infill land parcels located throughout the United States.
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By Linda Rogers