How Many Lannett Company, Inc. (NYSE:LCI)’s Analysts Are Bullish?

September 16, 2018 - By Tamara Reed

Investors sentiment decreased to 1.09 in 2018 Q2. Its down 0.09, from 1.18 in 2018Q1. It fall, 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.
Advsr Asset has 0% invested in Lannett Company, Inc. (NYSE:LCI). Blackrock Inc invested in 4.39 million shares. Wellington Management Grp Llp invested in 20,355 shares. Tower Research Cap Limited Liability Company (Trc), New York-based fund reported 2,745 shares. California-based Wells Fargo & Mn has invested 0% in Lannett Company, Inc. (NYSE:LCI). State Of Wisconsin Board owns 21,000 shares. Bowling Portfolio Mgmt Limited Liability reported 0.06% in Lannett Company, Inc. (NYSE:LCI). Prudential Fincl Inc reported 0% of its portfolio in Lannett Company, Inc. (NYSE:LCI). Bridgeway Cap Mngmt Inc reported 120,000 shares. Voya Mgmt invested 0% of its portfolio in Lannett Company, Inc. (NYSE:LCI). Pinnacle Ltd holds 0% of its portfolio in Lannett Company, Inc. (NYSE:LCI) for 16,435 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in Lannett Company, Inc. (NYSE:LCI) for 1,672 shares. Morgan Stanley accumulated 864,829 shares or 0% of the stock. Macquarie Gru invested in 0% or 71,300 shares. California State Teachers Retirement reported 0% of its portfolio in Lannett Company, Inc. (NYSE:LCI).

Since May 10, 2018, it had 4 buys, and 0 sales for $552,230 activity. 2,000 shares were bought by Crew Timothy C, worth $11,020 on Wednesday, August 29.

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 rating was downgraded by Craig Hallum to “Hold” on Monday, August 20. The firm has “Neutral” rating given on Monday, August 20 by Roth Capital. The company was maintained on Tuesday, August 21 by BMO Capital Markets. The firm has “Market Perform” rating given on Tuesday, August 21 by Raymond James. 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 1.55M 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: Benzinga.com which released: “Lannett Downgraded By Raymond James After Loss Of Drug Distribution Deal” on August 21, 2018, also Globenewswire.com with their article: “SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lannett …” published on August 29, 2018, Digitaljournal.com published: “NYSE:LCI Shareholder Notice: Lawsuit Alleges Securities Laws Violations by Lannett Company, Inc” on September 10, 2018. More interesting news about Lannett Company, Inc. (NYSE:LCI) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: AMPE NVRO LCI CBS PZZA FIZZ CRON PM QRTEA OPK: The Law Offices of Vincent Wong …” published on September 14, 2018 as well as Globenewswire.com‘s news article titled: “The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of LCI, ACAD and FB” with publication date: September 13, 2018.

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

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