Were Analysts Bullish Lannett Company, Inc. (NYSE:LCI) This Week?

September 16, 2018 - By Jenna Rose

Investors sentiment decreased to 1.09 in 2018 Q2. Its down 0.09, from 1.18 in 2018Q1. It is negative, as 20 investors sold Lannett Company, Inc. shares while 46 reduced holdings. 31 funds opened positions while 41 raised stakes. 36.78 million shares or 1.73% more from 36.15 million shares in 2018Q1 were reported.
Affinity Investment Advsrs Limited Liability Company holds 0.06% of its portfolio in Lannett Company, Inc. (NYSE:LCI) for 29,501 shares. Employees Retirement Association Of Colorado holds 7,027 shares. Preferred Limited invested in 0.02% or 2,931 shares. State Of Wisconsin Investment Board invested in 0% or 21,000 shares. Quantitative Systematic Strategies Ltd reported 28,163 shares. Martingale Asset Mgmt Limited Partnership reported 0.01% of its portfolio in Lannett Company, Inc. (NYSE:LCI). Balyasny Asset Ltd Liability Corp invested in 29,363 shares. Cubist Systematic Strategies Ltd stated it has 0% in Lannett Company, Inc. (NYSE:LCI). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 1,672 shares or 0% of the stock. Dekabank Deutsche Girozentrale accumulated 0% or 2,420 shares. Thrivent Financial For Lutherans invested in 0% or 20,862 shares. State Of Tennessee Treasury Department accumulated 0% or 20,655 shares. National Bank & Trust Of America De accumulated 367,156 shares. Ny State Teachers Retirement System holds 44,881 shares or 0% of its portfolio. Arizona State Retirement owns 44,305 shares or 0.01% of their US portfolio.

Since May 10, 2018, it had 4 insider purchases, and 0 selling transactions for $552,230 activity. LEPORE PATRICK G had bought 25,000 shares worth $378,250 on Friday, May 11.

Lannett Company, Inc. (NYSE:LCI) Ratings Coverage

Among 5 analysts covering Lannett (NYSE:LCI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Lannett had 5 analyst reports since June 18, 2018 according to SRatingsIntel. The stock of Lannett Company, Inc. (NYSE:LCI) earned “Market Perform” rating by BMO Capital Markets on Tuesday, August 21. The firm has “Hold” rating by Craig Hallum given on Monday, August 20. The firm has “Neutral” rating given on Monday, August 20 by Roth Capital. The rating was downgraded by Raymond James to “Market Perform” on Tuesday, August 21. Below is a list of Lannett Company, Inc. (NYSE:LCI) latest ratings and price target changes.

21/08/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $19 New Target: $8 Maintain
21/08/2018 Broker: Raymond James Old Rating: Outperform New Rating: Market Perform Old Target: $43 Downgrade
20/08/2018 Broker: Craig Hallum Old Rating: Buy New Rating: Hold Downgrade
20/08/2018 Broker: Roth Capital Old Rating: Buy New Rating: Neutral Old Target: $27.5 Downgrade
18/06/2018 Broker: Deutsche Bank Rating: Hold

The stock decreased 0.96% or $0.05 during the last trading session, reaching $5.15. About 1.55 million shares traded or 7.25% up from the average. Lannett Company, Inc. (NYSE:LCI) has declined 71.47% since September 16, 2017 and is downtrending. It has underperformed by 87.09% the S&P500.

Lannett Company, Inc. develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products in the United States. The company has market cap of $200.34 million. The firm offers solid oral, extended release, topical, nasal, and oral solution finished dosage forms of drugs that address a range of therapeutic areas, as well as ophthalmic, patch, foam, buccal, sublingual, soft gel, and injectable dosages. It has a 6.87 P/E ratio. It also provides its products for various medical indications comprising glaucoma, cholesterol, muscle spasm, migraine, pain management, cardiovascular, antipsychosis, gastrointestinal, urinary, bronchospasms, respiratory, gallstone, congestive heart failure, thyroid deficiency, central nervous system, and gout.

More notable recent Lannett Company, Inc. (NYSE:LCI) news were published by: Globenewswire.com which released: “CLASS ACTION UPDATE for LCI and CBS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of …” on September 14, 2018, also Businesswire.com with their article: “Robbins Arroyo LLP: Lannett Company (LCI) Misled Shareholders According to a Recently Filed Class Action” published on September 13, 2018, Fool.com published: “Here’s Why Lannett Company Fell as Much as 14.8% Today” on August 23, 2018. More interesting news about Lannett Company, Inc. (NYSE:LCI) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: TSLA LCI CBS ORCL LOGM NLSN ZN RMTI HMNY SKX: The Law Offices of Vincent Wong …” published on September 13, 2018 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: AMPE NVRO LCI CBS PZZA FIZZ CRON PM QRTEA OPK: The Law Offices of Vincent Wong …” with publication date: September 14, 2018.

Lannett Company, Inc. (NYSE:LCI) Institutional Positions Chart

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.