Peel Hunt Maintains a “Buy” Rating on Tharisa Plc (LON:THS) and GBX 230.00 Target; Hellman Jordan Management Company Has Trimmed By $327,625 Its Bankamerica (BAC) Position

The company have set TP of GBX 230.00 on Tharisa Plc (LON:THS) shares. This is 99.13% from the last stock close. In a research note issued to clients and investors on Wednesday, 10 January, Peel Hunt maintained their “Buy” rating on shares of THS.

Hellman Jordan Management Company Inc decreased Bankamerica Corp (BAC) stake by 41.72% reported in 2017Q3 SEC filing. Hellman Jordan Management Company Inc sold 13,105 shares as Bankamerica Corp (BAC)’s stock declined 6.00%. The Hellman Jordan Management Company Inc holds 18,307 shares with $464,000 value, down from 31,412 last quarter. Bankamerica Corp now has $315.73 billion valuation. The stock increased 0.50% or $0.15 during the last trading session, reaching $30.27. About 69.48M shares traded or 2.97% up from the average. Bank of America Corporation (NYSE:BAC) has risen 58.64% since January 10, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.63, from 1.42 in 2017Q2. It dropped, as 49 investors sold Tharisa plc shares while 91 reduced holdings. 41 funds opened positions while 70 raised stakes. 66.16 million shares or 2.00% more from 64.87 million shares in 2017Q2 were reported. The Illinois-based First Advsrs Ltd Partnership has invested 0.03% in Tharisa plc (LON:THS). 12Th Street Asset Mgmt Ltd has invested 5.71% in Tharisa plc (LON:THS). King Luther Cap Corp invested in 0.02% or 40,263 shares. Teacher Retirement Sys Of Texas holds 4,699 shares. State Of New Jersey Common Pension Fund D owns 400,000 shares. Massachusetts Financial Commerce Ma stated it has 0.04% of its portfolio in Tharisa plc (LON:THS). Riverhead Capital Management Limited Co, a Delaware-based fund reported 4,887 shares. Savings Bank Of America De holds 0% or 229,687 shares. Smithfield Trust Co, a Pennsylvania-based fund reported 70 shares. Diversified Trust reported 8,149 shares. Regions Fincl holds 4,930 shares. Federated Invsts Incorporated Pa has invested 0.01% of its portfolio in Tharisa plc (LON:THS). Crestpoint Management Ltd Com owns 5,300 shares. Cambridge Rech Advsrs reported 6,761 shares. Connable Office Inc holds 3,625 shares.

The stock increased 4.34% or GBX 4.84 during the last trading session, reaching GBX 116.34. About 17,874 shares traded. Tharisa plc (LON:THS) has 0.00% since January 10, 2017 and is . It has underperformed by 16.70% the S&P500.

Tharisa plc, together with its subsidiaries, engages in the mining, processing, marketing, and sale of platinum group metals and chrome concentrates in China, South Africa, Singapore, Hong Kong, South Korea, and internationally. The company has market cap of 298.87 million GBP. The companyÂ’s PGM basket includes platinum, palladium, rhodium, iridium, ruthenium, and osmium. It has a 5.19 P/E ratio. It operates the Tharisa mine that covers an area of approximately 5,475 hectares located on the south-western limb of the Bushveld Complex, South Africa.

Since September 7, 2017, it had 0 insider buys, and 2 sales for $1.54 million activity. 11,480 shares were sold by REED SAM K, worth $775,818.

Analysts await Tharisa plc (LON:THS) to report earnings on February, 8. They expect $0.93 earnings per share, down 18.42% or $0.21 from last year’s $1.14 per share. THS’s profit will be $2.39M for 31.27 P/E if the $0.93 EPS becomes a reality. After $0.67 actual earnings per share reported by Tharisa plc for the previous quarter, Wall Street now forecasts 38.81% EPS growth.

Since August 10, 2017, it had 0 insider purchases, and 1 sale for $2.10 million activity. The insider BRAMBLE FRANK P sold $2.10M.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.08, from 1.12 in 2017Q2. It worsened, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. Principal Fincl Group Inc reported 18.97 million shares stake. New England Private Wealth Advsrs has 0.23% invested in Bank of America Corporation (NYSE:BAC) for 29,846 shares. Kingdon Capital Mngmt Lc has 239,444 shares for 0.4% of their portfolio. Moreover, Retirement Planning has 0.06% invested in Bank of America Corporation (NYSE:BAC) for 8,758 shares. Hanson Mcclain reported 0.06% in Bank of America Corporation (NYSE:BAC). Lockheed Martin Investment reported 0.06% of its portfolio in Bank of America Corporation (NYSE:BAC). Renaissance Lc holds 0.16% or 5.52 million shares in its portfolio. Rmb Capital Mgmt Limited Liability owns 55,128 shares or 0.04% of their US portfolio. Howland Capital Mngmt Ltd Liability Co, Massachusetts-based fund reported 15,419 shares. Parkside Fincl Savings Bank has 25,510 shares. Beacon Fincl Group Inc reported 0.12% of its portfolio in Bank of America Corporation (NYSE:BAC). Van Strum And Towne reported 0.15% stake. Rex Cap Advsr Ltd Liability Corporation holds 0.67% or 34,008 shares in its portfolio. Pinebridge Lp reported 2.04% in Bank of America Corporation (NYSE:BAC). Kingfisher Limited Liability Corp has invested 0.56% in Bank of America Corporation (NYSE:BAC).

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 17 before the open. They expect $0.46 earnings per share, up 15.00% or $0.06 from last year’s $0.4 per share. BAC’s profit will be $4.80 billion for 16.45 P/E if the $0.46 EPS becomes a reality. After $0.48 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.17% negative EPS growth.