Analysts Swing to Diverse Views for Ensco plc (ESV), Royal Bank of Canada (RY)

Shares of Ensco plc (NYSE:ESV) opened at $5.55, and ended 2.58% higher at $5.57. Nearly 6.82 million shares were traded by the close, lower than its average daily volume of 16.74 million shares.

Ensco plc (ESV) Analyst Opinion

Ensco plc has a consensus hold rating from 32 Wall Street analysts, and the number of shares currently sold short amount to at least 16.54% of shares outstanding. The stock spiked 10.08% last month and is down -42.7 this year. Wall Street is only getting more bullish on the stock, with 15 of analysts who cover ESV having a buy-equivalent rating. Analysts have placed a $6.54 price target on Ensco plc, suggesting a 17.41% gain from recent close. It’s currently trading about -53.74% below its 52-week high.

Ensco plc Earnings Surprise

Ensco plc (ESV) surprised the stock market in its last reported earnings when it earned -$0.05 a piece versus the consensus-estimated -$0.13. Its revenue totaled $458.61 million up 0.24% from the previous quarter.

Ensco plc (NYSE:ESV) Intraday View

This stock (ESV) is ahead of its 52-week low with 35.85%. Its last month’s stock price volatility remained 3.5% which for the week stands at 5.83%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.41% and stays 1.09% away from its 50 days moving average. Over the last five days, shares have managed 0.91% gains and now is down -15.65% since hitting its 200-day moving average of $5.54. Ensco plc (ESV) has made its way to a 12-month decline of -35.31%.

Turning to Royal Bank of Canada (NYSE:RY), its shares were trading at $79.79 a gain of $0.84, on the trading floor. The stock, after opening at $79.28, touched a high of $79.97 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.6. Royal Bank of Canada has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -1.47% from its high of $80.98 to a $116.24 billion market value through last close.

Royal Bank of Canada (RY) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.57 to 2.57 during a month. Analysts set a 12-month price target of $80.78 a share. The target implies a 1.24% spike from where the shares are currently trading. Also, the current price highlights a discount of 0.26% to analysts’ high consensus price target.

Royal Bank of Canada (NYSE:RY) Intraday Trading

The counter witnessed a trading volume of 0.73 million shares versus an average volume of 0.79 million shares during last trading session. Its last month’s stock price volatility remained 0.88% which for the week approaches 0.86%. The lowest price the stock reached in the last trading day was $79.18 and compares with the $64.82 52-week low. The stock recovered 23.09% since its low point and has performed 17.84% year-to-date.

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