Breaking: Stifel Nicolaus Keeps $20.0 PT On Kemet Corp (NYSE:KEM) Shares, Keeps Their Original “Hold” Rating

December 8, 2017 - By Adrian Mccoy

 Breaking: Stifel Nicolaus Keeps $20.0 PT On Kemet Corp (NYSE:KEM) Shares, Keeps Their Original

Investors sentiment increased to 2.29 in Q2 2017. Its up 0.38, from 1.91 in 2017Q1. It increased, as 15 investors sold KEMET Corporation shares while 23 reduced holdings. 50 funds opened positions while 37 raised stakes. 30.66 million shares or 20.56% more from 25.43 million shares in 2017Q1 were reported.

Menta reported 0.06% of its portfolio in KEMET Corporation (NYSE:KEM). Geode Mngmt Limited Liability Co stated it has 358,151 shares or 0% of all its holdings. Pacad owns 0.03% invested in KEMET Corporation (NYSE:KEM) for 14,605 shares. Tfs Limited Liability Company reported 15,076 shares or 0.08% of all its holdings. Rhumbline Advisers reported 49,522 shares. Cubist Systematic Strategies Ltd Liability Company has 0.02% invested in KEMET Corporation (NYSE:KEM) for 24,759 shares. Renaissance Ltd Co holds 3.79 million shares or 0.06% of its portfolio. Moreover, Peak6 Invs Limited Partnership has 0% invested in KEMET Corporation (NYSE:KEM) for 5,730 shares. Voya Inv Mgmt Limited Liability Corp invested in 21,090 shares. Connor Clark Lunn Inv Mngmt accumulated 0% or 45,075 shares. Hillsdale Management Inc owns 67,600 shares or 0.17% of their US portfolio. Fincl Bank Of Montreal Can stated it has 0% of its portfolio in KEMET Corporation (NYSE:KEM). Wellington Management Group Inc Llp has invested 0% in KEMET Corporation (NYSE:KEM). Eam Limited Com, a California-based fund reported 170,938 shares. Deutsche Bancorp Ag has invested 0% of its portfolio in KEMET Corporation (NYSE:KEM).

Kemet Corp (NYSE:KEM) Rating Reaffirmed

Kemet Corp (NYSE:KEM) just had their share rating of a ‘”Hold”‘ issued by research analysts at Stifel Nicolaus, who now has a $20.0 TP on the $816.41M market cap company or a 38.12 % upside potential. This key information was revealed in a research note on 4 October.

Investors sentiment increased to 2.29 in Q2 2017. Its up 0.38, from 1.91 in 2017Q1. It increased, as 15 investors sold KEMET Corporation shares while 23 reduced holdings. 50 funds opened positions while 37 raised stakes. 30.66 million shares or 20.56% more from 25.43 million shares in 2017Q1 were reported.

Menta reported 0.06% of its portfolio in KEMET Corporation (NYSE:KEM). Geode Mngmt Limited Liability Co stated it has 358,151 shares or 0% of all its holdings. Pacad owns 0.03% invested in KEMET Corporation (NYSE:KEM) for 14,605 shares. Tfs Limited Liability Company reported 15,076 shares or 0.08% of all its holdings. Rhumbline Advisers reported 49,522 shares. Cubist Systematic Strategies Ltd Liability Company has 0.02% invested in KEMET Corporation (NYSE:KEM) for 24,759 shares. Renaissance Ltd Co holds 3.79 million shares or 0.06% of its portfolio. Moreover, Peak6 Invs Limited Partnership has 0% invested in KEMET Corporation (NYSE:KEM) for 5,730 shares. Voya Inv Mgmt Limited Liability Corp invested in 21,090 shares. Connor Clark Lunn Inv Mngmt accumulated 0% or 45,075 shares. Hillsdale Management Inc owns 67,600 shares or 0.17% of their US portfolio. Fincl Bank Of Montreal Can stated it has 0% of its portfolio in KEMET Corporation (NYSE:KEM). Wellington Management Group Inc Llp has invested 0% in KEMET Corporation (NYSE:KEM). Eam Limited Com, a California-based fund reported 170,938 shares. Deutsche Bancorp Ag has invested 0% of its portfolio in KEMET Corporation (NYSE:KEM).

KEMET Corporation (NYSE:KEM) Ratings Coverage

Among 2 analysts covering Kemet (NYSE:KEM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Kemet has $27.5 highest and $15.5000 lowest target. $23.75’s average target is 64.02% above currents $14.48 stock price. Kemet had 5 analyst reports since May 23, 2016 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, October 4 by Stifel Nicolaus. The firm has “Hold” rating given on Sunday, September 10 by Stifel Nicolaus. The rating was initiated by B. Riley & Co on Monday, May 23 with “Buy”. The firm has “Hold” rating given on Sunday, August 6 by Stifel Nicolaus.

The stock increased 1.97% or $0.28 during the last trading session, reaching $14.48. About 2.41M shares traded. KEMET Corporation (NYSE:KEM) has risen 468.67% since December 8, 2016 and is uptrending. It has outperformed by 451.97% the S&P500.

Analysts await KEMET Corporation (NYSE:KEM) to report earnings on February, 1. They expect $0.32 earnings per share, up 220.00 % or $0.22 from last year’s $0.1 per share. KEM’s profit will be $18.04M for 11.31 P/E if the $0.32 EPS becomes a reality. After $0.43 actual earnings per share reported by KEMET Corporation for the previous quarter, Wall Street now forecasts -25.58 % negative EPS growth.

KEMET Corporation, together with its subsidiaries, makes and sells passive electronic components under the KEMET brand worldwide. The company has market cap of $816.41 million. The firm operates through two divisions, Solid Capacitors, and Film and Electrolytic. It has a 2.96 P/E ratio. The Company’s products include tantalum, multilayer ceramic, film, electrolytic, paper, and solid aluminum capacitors, as well as EMI filters.

More news for KEMET Corporation (NYSE:KEM) were recently published by: Seekingalpha.com, which released: “What Happened To Kemet?” on November 09, 2017. Globenewswire.com‘s article titled: “KEMET Announces Cost Improvement Actions” and published on November 16, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: