Mylan (MYL) Raised to Buy at ValuEngine

Marco Green
December 7, 2017

Its the same as in 2017Q1. It is flat, as 2 investors sold MYL shares while 1 reduced holdings. only 3 funds opened positions while 1 raised stakes.

For the current quarter, 18 analysts are projecting a mean EPS of $1.42/share. Vantage Invest Ltd Co holds 712 shares or 0.01% of its portfolio. Princeton Portfolio Strategies Grp Llc holds 0% or 10,000 shares in its portfolio. 300 are held by Nelson Roberts Ltd.

Looking at insider trading can give great insight into how Mylan N.V. (NASDAQ:MYL) is performing.

Menora Mivtachim Holdings Ltd decreased its stake in Mylan N V (MYL) by 5.07% based on its latest 2017Q2 regulatory filing with the SEC. The firm owned 5,550 shares of the company's stock after selling 9,900 shares during the period. Bellwether Investment Group LLC now owns 6,622 shares of the company's stock valued at $257,000 after purchasing an additional 23 shares during the period. The company has market cap of $524.55 million. MYL has diverse figures for different time frames; starting from week's performance it has positive performance of 2.01% in last five regular trading sessions.

Trend indicate company is showing showing resistance as stock continues at 27.39% below its 52W High. Eqis Cap Mngmt Inc holds 0.01% of its portfolio in Mylan N.V. (NASDAQ:MYL) for 5,251 shares. It has underperformed by 24.43% the S&P500.

Menora Mivtachim Holdings Ltd, which manages about $2.15B US Long portfolio, upped its stake in Solaredge Technologies Inc by 300,000 shares to 1.44 million shares, valued at $28.88 million in 2017Q2, according to the filing. It also increased its holding in Check Point Software Tech Lt (NASDAQ:CHKP) by 371,975 shares in the quarter, for a total of 841,975 shares, and has risen its stake in Sodastream International Ltd (NASDAQ:SODA).

A number of analysts offered their Estimated Earnings analysis for Mylan N.V. (MYL) for the current quarter. They expect $1.39 EPS, down 11.46 % or $0.18 from last year's $1.57 per share. It also reduced Yelp Inc (NYSE:YELP) stake by 1.66 million shares and now owns 1.00M shares.

Mylan (NASDAQ:MYL) last issued its quarterly earnings results on Monday, November 6th. Mylan N.V. (NASDAQ:MYL) has declined 7.73% since December 6, 2016 and is downtrending.

Among 19 analysts covering Mylan Inc. A 13 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of MYL or, if they already own its stock, sell it. Mylan has a 12-month low of $33.60 and a 12-month high of $50.40. Meanwhile, the average 12-month price target from Wall Street analysts is now $42.84, this means that the stock is underpriced by 12.605%. Mylan Inc. had 55 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Mylan N.V. (NASDAQ:MYL) earned "Buy" rating by BMO Capital Markets on Monday, October 30. RBC Capital Markets maintained it with "Hold" rating and $3300 target in Friday, August 4 report. Mizuho restated a buy rating and set a $37.00 price target (down previously from $53.00) on shares of Mylan in a report on Sunday, August 20th. (NYSE:HZO) rating on Wednesday, January 25. Currently, Mylan N.V. (NASDAQ:MYL) has an average volume of 6.1 Million. BMO Capital Markets reaffirmed a buy rating and issued a $45.00 target price on shares of Mylan in a research report on Friday, September 29th. The rating was initiated by Citigroup with "Buy" on Friday, February 10. The stock of Mylan N.V. (NASDAQ:MYL) earned "Equal-Weight" rating by Morgan Stanley on Monday, August 7. Cowen & Co maintained the stock with "Hold" rating in Wednesday, October 4 report.

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