Trading Report: The VWR Corp. (VWR) Upgraded at TheStreet

The VWR Corp. (VWR) Upgraded at TheStreet

VWR Corp. (NASDAQ:VWR) was upgraded by equities researchers at TheStreet from a “hold” rating to a “buy” rating in a research report issued on Monday.

A number of other analysts also recently issued reports on VWR. Mizuho boosted their price objective on shares of VWR Corp. from $33.00 to $34.00 and gave the company a “buy” rating in a report on Thursday, August 4th. Jefferies Group boosted their price objective on shares of VWR Corp. from $33.00 to $35.00 and gave the company a “buy” rating in a report on Friday, August 5th. Barclays PLC boosted their price objective on shares of VWR Corp. from $30.00 to $34.00 and gave the company an “overweight” rating in a report on Friday, August 5th. Citigroup Inc. boosted their price objective on shares of VWR Corp. from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Friday, August 5th. Finally, Zacks Investment Research raised shares of VWR Corp. from a “sell” rating to a “hold” rating in a report on Monday, August 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $32.02.

VWR Corp. (NASDAQ:VWR) traded up 0.53% during mid-day trading on Monday, hitting $28.44. 704,825 shares of the stock traded hands. The stock has a market capitalization of $3.74 billion, a PE ratio of 25.85 and a beta of 1.23. The company has a 50 day moving average price of $27.90 and a 200-day moving average price of $28.39. VWR Corp. has a one year low of $21.56 and a one year high of $31.75.

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VWR Corp. (NASDAQ:VWR) last announced its earnings results on Thursday, August 4th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.41 by $0.01. The business earned $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. VWR Corp. had a net margin of 3.26% and a return on equity of 16.05%. VWR Corp.’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 EPS. Equities analysts anticipate that VWR Corp. will post $1.72 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in VWR. BlackRock Institutional Trust Company N.A. boosted its position in VWR Corp. by 8.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,090,330 shares of the company’s stock worth $29,504,000 after buying an additional 85,456 shares in the last quarter. Intermede Investment Partners Ltd boosted its position in VWR Corp. by 18.7% in the second quarter. Intermede Investment Partners Ltd now owns 1,029,251 shares of the company’s stock worth $29,745,000 after buying an additional 161,986 shares in the last quarter. Royal Bank of Canada boosted its position in VWR Corp. by 0.4% in the first quarter. Royal Bank of Canada now owns 36,675 shares of the company’s stock worth $992,000 after buying an additional 128 shares in the last quarter. GW&K Investment Management LLC bought a new position in VWR Corp. during the second quarter worth about $10,410,000. Finally, Systematic Financial Management LP bought a new position in VWR Corp. during the second quarter worth about $2,517,000.

About VWR Corp.

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