Wall Street Analyst Actions To Watch: Itau Unibanco Holding S.A. (ITUB), Chevron Corporation (CVX)

Itau Unibanco Holding S.A. (NYSE:ITUB) was less active in the last trading session as around 6.7 million shares exchanged hands on Wall Street, representing a decrease from its normal capacity of 9.54 million shares. A 0.15% change after the initial price of $13.28, sent the closing price to $13.26.

Itau Unibanco Holding S.A. (ITUB) Analyst Opinion

Itau Unibanco Holding S.A. has a consensus hold rating from 7 Wall Street analysts, and the number of shares currently sold short amount to at least 0.39% of shares outstanding. The stock sank -1.63% last month and is up 32.82 this year. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover ITUB having a buy-equivalent rating. Analysts have placed a $13.44 price target on Itau Unibanco Holding S.A., suggesting a 1.36% gain from recent close. It’s currently trading about -9.08% below its 52-week high.

Itau Unibanco Holding S.A. Earnings Surprise

Itau Unibanco Holding S.A. (ITUB) surprised the stock market in its last reported earnings when it earned $0.3 a piece versus the consensus-estimated $0.29. Its revenue totaled $8.46 billion up 0.01% from the previous quarter.

Itau Unibanco Holding S.A. (NYSE:ITUB) Intraday View

This stock (ITUB) is ahead of its 52-week low with 52.26%. Its last month’s stock price volatility remained 2.02% which for the week stands at 2.43%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.75% and stays -1.66% away from its 50 days moving average. Over the last five days, shares have managed 5.83% gains and now is up 7.51% since hitting its 200-day moving average of $12.42. Itau Unibanco Holding S.A. (ITUB) has made its way to a 12-month gain of 30.1%.

Turning to Chevron Corporation (NYSE:CVX), its shares were trading at $115.91 a gain of $0.74, on the trading floor. The stock, after opening at $115.49, touched a high of $116.7798 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Chevron Corporation has 7 buy ratings, 7 holds and 0 sells even after the stock tumbled -4.12% from its high of $120.89 to a $219.89 billion market value through last close.

Chevron Corporation (CVX) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.12 to 2.08 during a month. Analysts set a 12-month price target of $124.18 a share. The target implies a 7.13% spike from where the shares are currently trading. Also, the current price highlights a discount of 18.2% to analysts’ high consensus price target.

Chevron Corporation (NYSE:CVX) Intraday Trading

The counter witnessed a trading volume of 3.95 million shares versus an average volume of 5.14 million shares during last trading session. Its last month’s stock price volatility remained 0.96% which for the week approaches 1.33%. The lowest price the stock reached in the last trading day was $115.32 and compares with the $102.55 52-week low. The stock recovered 13.03% since its low point and has performed -1.52% year-to-date.

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