What’s Agilent Technologies, Inc. (A) Upside After Forming Bullish Double Top?

May 21, 2018 - By Nellie Frank

Agilent Technologies, Inc. (NYSE:A) Logo

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.45, from 1.4 in 2017Q3. It turned negative, as 40 investors sold Agilent Technologies, Inc. shares while 198 reduced holdings. 62 funds opened positions while 164 raised stakes. 269.93 million shares or 0.89% more from 267.56 million shares in 2017Q3 were reported.
Tdam Usa has invested 0.01% of its portfolio in Agilent Technologies, Inc. (NYSE:A). Estabrook Mngmt accumulated 1,495 shares or 0.02% of the stock. State Of Alaska Department Of Revenue has 57,154 shares for 0.09% of their portfolio. Wealthfront holds 0.01% of its portfolio in Agilent Technologies, Inc. (NYSE:A) for 10,046 shares. Sun Life has 0% invested in Agilent Technologies, Inc. (NYSE:A). The Pennsylvania-based Federated Invsts Pa has invested 0.06% in Agilent Technologies, Inc. (NYSE:A). Envestnet Asset Mgmt invested 0.01% in Agilent Technologies, Inc. (NYSE:A). Robecosam Ag has 2.16% invested in Agilent Technologies, Inc. (NYSE:A). Caisse De Depot Et Placement Du Quebec stated it has 0.01% in Agilent Technologies, Inc. (NYSE:A). Moreover, Bp Public Lc has 0.1% invested in Agilent Technologies, Inc. (NYSE:A) for 42,000 shares. Wcm Investment Mgmt Ca invested in 0.61% or 800,218 shares. Royal Comml Bank Of Canada has invested 0.03% of its portfolio in Agilent Technologies, Inc. (NYSE:A). Linscomb And Williams Inc holds 6,948 shares or 0.04% of its portfolio. Montgomery Invest Management has invested 0.17% in Agilent Technologies, Inc. (NYSE:A). Conning reported 0.02% stake.

Since December 18, 2017, it had 0 buys, and 9 selling transactions for $9.10 million activity. McMullen Michael R. also sold $3.06M worth of Agilent Technologies, Inc. (NYSE:A) on Wednesday, December 20. The insider Kaltenbach Patrick sold 6,875 shares worth $490,738. On Tuesday, March 27 FIELDS HEIDI sold $340,450 worth of Agilent Technologies, Inc. (NYSE:A) or 5,000 shares. 6,825 shares were sold by Gonsalves Rodney, worth $486,145.

The chart of Agilent Technologies, Inc. (A) shows a double top with $70.11 target or 9.00 % above today’s $64.32 share price. The 6 months chart pattern indicates low risk for the $20.74 billion company. It was reported on May, 21 by Finviz.com. If the $70.11 price target is reached, the company will be worth $1.87B more. Double tops are rare but powerful chart patterns.

The stock increased 1.15% or $0.73 during the last trading session, reaching $64.32. About 4.16M shares traded or 46.98% up from the average. Agilent Technologies, Inc. (NYSE:A) has risen 25.85% since May 21, 2017 and is uptrending. It has outperformed by 14.30% the S&P500.

Agilent Technologies, Inc. (NYSE:A) Ratings Coverage

Among 6 analysts covering Agilent (NYSE:A), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Agilent had 9 analyst reports since December 20, 2017 according to SRatingsIntel. The company was maintained on Thursday, January 18 by Robert W. Baird. The stock of Agilent Technologies, Inc. (NYSE:A) earned “Hold” rating by Cowen & Co on Wednesday, December 20. The firm has “Buy” rating by Robert W. Baird given on Thursday, February 15. The company was initiated on Wednesday, January 3 by Evercore. The stock has “Outperform” rating by Cowen & Co on Tuesday, May 15. The firm has “Hold” rating given on Wednesday, February 14 by Cowen & Co. On Thursday, February 15 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Buy” rating by Jefferies given on Thursday, February 15. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, April 11 report.

More notable recent Agilent Technologies, Inc. (NYSE:A) news were published by: Seekingalpha.com which released: “Stocks To Watch: A Fed Head Talks Crypto” on May 13, 2018, also Seekingalpha.com with their article: “Valeant Pharmaceuticals: Worth At Least $30” published on May 21, 2018, Forbes.com published: “The Week Ahead: Are You Still Worried About A Bear Market?” on May 19, 2018. More interesting news about Agilent Technologies, Inc. (NYSE:A) were released by: Businesswire.com and their article: “Agilent Technologies Announces Webcasts for the Investment Community” published on May 18, 2018 as well as Ft.com‘s news article titled: “NYSE plan to expand floor-traded stocks hits snag” with publication date: April 25, 2018.

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company has market cap of $20.74 billion. It operates through three divisions: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. It has a 107.2 P/E ratio. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; microfluidics based automated electrophoresis products; cell analysis plate based assays; laboratory software and informatics systems; laboratory automation; dissolution testing; vacuum pumps; and measurement technologies.

Agilent Technologies, Inc. (NYSE:A) Ratings Chart

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