How Analysts Feel About Analogic Corporation (NASDAQ:ALOG)?

March 18, 2018 - By Hazel Jackson

 How Analysts Feel About Analogic Corporation (NASDAQ:ALOG)?
Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.53, from 1.44 in 2017Q2. It dropped, as 16 investors sold Analogic Corporation shares while 52 reduced holdings. 15 funds opened positions while 47 raised stakes. 11.72 million shares or 4.37% less from 12.26 million shares in 2017Q2 were reported.
Moreover, Advisory Incorporated has 1.01% invested in Analogic Corporation (NASDAQ:ALOG) for 758,081 shares. Martingale Asset Management L P invested 0.06% of its portfolio in Analogic Corporation (NASDAQ:ALOG). 354,655 are owned by Ameriprise Fincl. Ironwood Inv Mngmt Limited Liability Company has 13,893 shares. Assetmark Incorporated stated it has 29,311 shares. Tributary Mngmt stated it has 1.27% in Analogic Corporation (NASDAQ:ALOG). California Public Employees Retirement Sys invested 0.01% in Analogic Corporation (NASDAQ:ALOG). Systematic Financial Lp holds 21,017 shares. Sg Americas Limited Company reported 0.01% in Analogic Corporation (NASDAQ:ALOG). Mason Street Ltd Liability Company invested in 0.01% or 3,158 shares. State Board Of Administration Of Florida Retirement reported 0% in Analogic Corporation (NASDAQ:ALOG). Deutsche State Bank Ag reported 38,699 shares. State Common Retirement Fund owns 0% invested in Analogic Corporation (NASDAQ:ALOG) for 19,626 shares. Morgan Stanley holds 0% or 47,605 shares in its portfolio. Loomis Sayles & Limited Partnership has invested 0% in Analogic Corporation (NASDAQ:ALOG).

Analogic Corporation (NASDAQ:ALOG) Ratings Coverage

Among 4 analysts covering Analogic Company (NASDAQ:ALOG), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Analogic Company had 8 analyst reports since November 23, 2015 according to SRatingsIntel. The rating was downgraded by Benchmark to “Hold” on Wednesday, December 7. Jefferies maintained it with “Hold” rating and $80.0 target in Wednesday, December 6 report. The stock has “Neutral” rating by Sidoti on Thursday, March 24. The firm has “Hold” rating given on Wednesday, August 9 by Jefferies. The firm has “Buy” rating by Brean Capital given on Thursday, September 22. Jefferies maintained the stock with “Hold” rating in Monday, March 5 report. On Wednesday, September 20 the stock rating was maintained by Jefferies with “Hold”. Below is a list of Analogic Corporation (NASDAQ:ALOG) latest ratings and price target changes.

05/03/2018 Broker: Jefferies Rating: Hold New Target: $95.0 Maintain
06/12/2017 Broker: Jefferies Rating: Hold New Target: $80.0 Maintain
20/09/2017 Broker: Jefferies Rating: Hold New Target: $75.0 Maintain

The stock decreased 0.05% or $0.05 during the last trading session, reaching $93.5. About 385,521 shares traded or 184.60% up from the average. Analogic Corporation (NASDAQ:ALOG) has declined 8.54% since March 18, 2017 and is downtrending. It has underperformed by 25.24% the S&P500.

Analogic Corporation designs, manufactures, and sells medical imaging systems, ultrasound and security systems, and subsystems to original equipment manufacturers and end users primarily for the medical and airport security markets worldwide. The company has market cap of $1.17 billion. It operates in three divisions: Medical Imaging, Ultrasound, and Security and Detection. It currently has negative earnings. The Medical Imaging segment offers computed tomography (CT) detector systems, data acquisition systems, data management systems, and integrated CT systems; magnetic resonance imaging products, including gradient and radio frequency amplifiers; and digital mammography products, such as detector plates, as well as motion control devices for use in computer-controlled automation systems primarily for the semiconductor, food and beverage, and laboratory automation markets.

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