Statoil (STO:NYS) and Cummins (CMI:NYS) Upgraded

I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Upgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been upgraded by at least one analyst in the last few days.

Why Do Companies Get Upgraded?

Companies can get upgraded for a number of reasons, but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
STO Statoil ASA 1 0 2 0 1 0 3.0000 2.7500 Hold
CMI Cummins Inc 3 0 2 1 1 0 3.4286 2.8571 Hold
NOV National Oilwell Varco Inc 2 0 4 1 1 0 3.1250 2.8750 Hold
YUMC Yum China Holdings Inc 1 1 1 0 0 0 4.0000 3.6667 Outperform
NYCB New York Community Bancorp Inc 0 1 3 0 0 0 3.2500 3.2000 Hold
CAA CalAtlantic Group Inc 4 0 1 0 0 0 4.6000 4.5000 Buy
TKR The Timken Co 3 0 1 0 0 0 4.5000 4.0000 Outperform
LPX Louisiana-Pacific Corp 2 0 2 0 0 0 4.0000 3.5000 Outperform
TBI TrueBlue Inc 0 0 3 0 0 0 3.0000 2.3333 Hold
RAS RAIT Financial Trust 1 0 0 0 0 0 5.0000 4.0000 Buy
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ARX ARC Resources Ltd 6 4 2 0 0 0 4.3333 4.0000 Outperform
GEI Gibson Energy Inc 2 3 8 0 0 0 3.5385 3.3846 Outperform
TDG Trinidad Drilling Ltd 5 3 3 0 1 0 3.9167 3.6364 Outperform
TRL Trilogy International Partners Inc 0 0 1 0 0 0 3.0000 0.0000 Hold
PNE Pine Cliff Energy Ltd 3 3 3 0 0 0 4.0000 3.9000 Outperform
OGD Orbit Garant Drilling Inc 2 1 0 0 0 0 4.6667 4.5000 Buy
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
PNE.R Pine Cliff Energy Ltd 3 3 3 0 0 0 4.0000 3.9000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
MCHP Microchip Technology Inc 0 0 1 0 0 0 3.0000 2.0000 Hold
SNI Scripps Networks Interactive Inc 1 0 4 0 0 0 3.4000 3.3333 Hold
SABR Sabre Corp 4 1 0 0 0 0 4.8000 4.6000 Buy
MESO Mesoblast Ltd 1 2 0 0 0 0 4.3333 4.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

STO:NYS Statoil

http://www.statoil.com
Statoil has 21600 employees and is headquartered in Norway.
Statoil ASA is an integrated oil and gas company. It explores, produces, transports, refines, and markets petroleum and petroleum-derived products. It has operations in Norway, rest of Europe, North America, Africa, Asia and South America.

CMI:NYS Cummins

http://www.cummins.com
Cummins has 55200 employees and is headquartered in United States.
Cummins Inc designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related component products.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.