Wells Fargo (WFC:NYS) and 3M (MMM:NYS) Downgraded

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

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

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

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
WFC Wells Fargo & Co 3 1 5 0 0 0 3.7778 3.8750 Outperform
MMM 3M Co 1 0 2 1 0 0 3.2500 3.6000 Hold
NEE NextEra Energy Inc 4 0 1 1 0 0 4.1667 4.5000 Outperform
DHR Danaher Corp 3 0 1 1 0 0 4.0000 4.1667 Outperform
JCI Johnson Controls International PLC 2 1 2 0 0 0 4.0000 4.1667 Outperform
ETN Eaton Corp PLC 2 0 4 0 0 0 3.6667 3.8571 Outperform
FTV Fortive Corp 1 0 3 0 0 0 3.5000 3.8000 Hold
TU TELUS Corp 4 0 6 1 0 0 3.6364 3.7000 Outperform
DOV Dover Corp 0 0 5 0 0 0 3.0000 3.3333 Hold
PNR Pentair PLC 2 0 3 0 0 0 3.8000 4.0000 Outperform
SNX Synnex Corp 0 0 1 0 0 0 3.0000 5.0000 Hold
MUR Murphy Oil Corp 0 0 3 1 0 0 2.7500 2.8000 Hold
AN AutoNation Inc 1 1 3 0 1 0 3.1667 3.5000 Hold
BTE Baytex Energy Corp 1 0 10 0 1 0 3.0000 3.1667 Hold
PGH Pengrowth Energy Corp 0 0 2 0 7 0 1.4444 1.6667 Sell
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
T TELUS Corp 4 0 6 1 0 0 3.6364 3.7000 Outperform
CGO Cogeco Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
BTE Baytex Energy Corp 1 0 10 0 1 0 3.0000 3.1667 Hold
PGF Pengrowth Energy Corp 0 0 2 0 7 0 1.4444 1.6667 Sell
BNP Bonavista Energy Corp 3 2 4 0 0 0 3.8889 4.1111 Outperform
AGT AGT Food and Ingredients Inc 3 1 4 0 0 0 3.8750 4.0000 Outperform
RAY.B Stingray Digital Group Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform
RAY.A Stingray Digital Group Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AGB Atlantic Gold Corp 3 1 0 0 0 0 4.7500 5.0000 Buy
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
NOG Northern Oil & Gas Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ISRG Intuitive Surgical Inc 1 0 4 0 1 0 3.0000 3.1667 Hold
DLTR Dollar Tree Inc 3 0 3 0 0 0 4.0000 4.1667 Outperform
PDCE PDC Energy Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform
GPOR Gulfport Energy Corp 1 1 1 0 0 0 4.0000 4.2500 Outperform
SCSC ScanSource Inc 0 0 1 0 0 0 3.0000 5.0000 Hold

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.

WFC:NYS Wells Fargo

http://www.wellsfargo.com
Wells Fargo has 270600 employees and is headquartered in United States.
Wells Fargo & Co operates as one of the largest banks in the United States. Its business operations are split into three segments: community banking; wholesale banking; and wealth, brokerage, and retirement.

MMM:NYS 3M

http://www.3m.com
3M has 91584 employees and is headquartered in United States.
3M Co is a diversified technology company. It manufactures a diverse array of industrial and consumer products. Its business segments are Industrial, Safety and Graphics, Health Care, Electronics and Energy, and Consumer.

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