Pretium Resources Inc. (PVG) Reaches $6.96 After 9.00% Down Move; Last Week Berry Global Group, Inc. (BERY) Analysts

April 16, 2018 - By Hugh Holland

The stock of Pretium Resources Inc. (NYSE:PVG) is a huge mover today! The stock decreased 2.93% or $0.21 during the last trading session, reaching $6.96. About 1.08M shares traded. Pretium Resources Inc. (NYSE:PVG) has declined 39.73% since April 16, 2017 and is downtrending. It has underperformed by 51.28% the S&P500.The move comes after 8 months negative chart setup for the $1.22 billion company. It was reported on Apr, 16 by Barchart.com. We have $6.33 PT which if reached, will make NYSE:PVG worth $109.98 million less.

Among 16 analysts covering Berry Plastics Group Inc (NYSE:BERY), 14 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Berry Plastics Group Inc had 57 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 18 by Deutsche Bank. SunTrust initiated the shares of BERY in report on Wednesday, July 13 with “Neutral” rating. The firm earned “Hold” rating on Wednesday, February 7 by KeyBanc Capital Markets. Jefferies maintained the shares of BERY in report on Wednesday, August 30 with “Buy” rating. BMO Capital Markets maintained Berry Global Group, Inc. (NYSE:BERY) rating on Friday, August 26. BMO Capital Markets has “Market Perform” rating and $43 target. The rating was maintained by BMO Capital Markets with “Hold” on Monday, May 1. As per Monday, November 20, the company rating was maintained by Citigroup. On Tuesday, September 13 the stock rating was initiated by JP Morgan with “Overweight”. The stock of Berry Global Group, Inc. (NYSE:BERY) has “Outperform” rating given on Friday, August 26 by Robert W. Baird. The rating was maintained by Barclays Capital with “Overweight” on Monday, August 7. See Berry Global Group, Inc. (NYSE:BERY) latest ratings:

05/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $71 New Target: $66 Maintain
02/03/2018 Broker: SunTrust Rating: Buy New Target: $68.0 Maintain
12/02/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $71 New Target: $70 Maintain
07/02/2018 Broker: KeyBanc Capital Markets Rating: Hold Maintain
08/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $73 New Target: $74 Maintain
24/01/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform Upgrade
20/11/2017 Broker: Citigroup Rating: Buy Old Target: $68 New Target: $71 Maintain
20/11/2017 Broker: BMO Capital Markets Rating: Market Perform Old Target: $63 New Target: $65 Maintain
20/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $69.0 Maintain
16/11/2017 Broker: SunTrust Rating: Buy New Target: $65.0 Maintain

Analysts await Pretium Resources Inc. (NYSE:PVG) to report earnings on May, 11. They expect $0.08 EPS, up 500.00% or $0.10 from last year’s $-0.02 per share. PVG’s profit will be $14.05M for 21.75 P/E if the $0.08 EPS becomes a reality. After $0.07 actual EPS reported by Pretium Resources Inc. for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.61, from 1.74 in 2017Q3. It dived, as 16 investors sold Pretium Resources Inc. shares while 31 reduced holdings. 22 funds opened positions while 31 raised stakes. 83.18 million shares or 4.51% less from 87.11 million shares in 2017Q3 were reported. Raymond James & Assocs has invested 0% of its portfolio in Pretium Resources Inc. (NYSE:PVG). Gluskin Sheff Associate Inc owns 58,090 shares for 0.03% of their portfolio. Ww Asset Management invested in 0% or 10,305 shares. 2.71M are owned by Commonwealth Bank Of. Utd Svcs Automobile Association owns 1.52M shares or 0.05% of their US portfolio. 6.07M were accumulated by National Bank & Trust Of Montreal Can. Gabelli Funds Lc reported 499,400 shares or 0.04% of all its holdings. Dimensional Fund Advsrs Lp invested 0% in Pretium Resources Inc. (NYSE:PVG). Sigma Planning holds 0.01% or 10,858 shares in its portfolio. Glob X Management Limited Liability Corp owns 190,942 shares or 0.05% of their US portfolio. Hightower Advisors Ltd Liability Co has 0% invested in Pretium Resources Inc. (NYSE:PVG). Sei Co holds 0% of its portfolio in Pretium Resources Inc. (NYSE:PVG) for 4,682 shares. Prudential Public Ltd Limited Liability Company invested 0.24% in Pretium Resources Inc. (NYSE:PVG). Lpl Financial Ltd Liability Corp holds 0% in Pretium Resources Inc. (NYSE:PVG) or 12,333 shares. 1832 Asset Management Lp reported 0.03% in Pretium Resources Inc. (NYSE:PVG).

Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas. The company has market cap of $1.22 billion. It primarily explores for gold, silver, and copper deposits. It currently has negative earnings. The firm owns 100% interests in the Brucejack project comprising 4 mining leases and 6 mineral claims covering an area of 3,304 hectares located in northwestern British Columbia; and the Snowfield project consisting of 1 mineral claim covering an area of 1,217 hectares located in northwestern British Columbia.

Among 5 analysts covering Pretium Resources (NYSE:PVG), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Pretium Resources had 20 analyst reports since August 24, 2015 according to SRatingsIntel. On Wednesday, January 24 the stock rating was downgraded by Credit Suisse to “Neutral”. The rating was upgraded by Zacks on Thursday, August 20 to “Hold”. The stock has “Buy” rating by Roth Capital on Monday, November 13. H.C. Wainwright maintained the shares of PVG in report on Monday, August 14 with “Buy” rating. The stock of Pretium Resources Inc. (NYSE:PVG) earned “Buy” rating by H.C. Wainwright on Wednesday, January 24. The company was maintained on Thursday, September 17 by Roth Capital. As per Wednesday, March 8, the company rating was upgraded by RBC Capital Markets. On Monday, March 14 the stock rating was maintained by Roth Capital with “Buy”. The firm has “Buy” rating by H.C. Wainwright given on Tuesday, December 26. H.C. Wainwright maintained Pretium Resources Inc. (NYSE:PVG) on Wednesday, April 11 with “Buy” rating.

The stock increased 0.79% or $0.44 during the last trading session, reaching $55.93. About 450,465 shares traded. Berry Global Group, Inc. (NYSE:BERY) has risen 13.96% since April 16, 2017 and is uptrending. It has outperformed by 2.41% the S&P500.

Pretium Resources Inc. (NYSE:PVG) Ratings Chart

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