Chevron (CVX:NYS) and Simon Property Group (SPG:NYS) Downgraded

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Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CVX Chevron Corp 4 0 3 0 0 0 4.1429 4.2500 Outperform
SPG Simon Property Group Inc 1 0 2 0 0 0 3.6667 4.0000 Outperform
PSX Phillips 66 2 0 3 0 0 0 3.8000 4.0000 Outperform
CNC Centene Corp 3 0 1 0 0 0 4.5000 4.6000 Outperform
AVB AvalonBay Communities Inc 1 0 2 0 0 0 3.6667 4.0000 Outperform
IRM Iron Mountain Inc 0 1 0 0 1 0 2.5000 3.3333 Underperform
UAA Under Armour Inc 0 0 8 0 2 0 2.6000 2.7000 Hold
UA Under Armour Inc 0 0 8 0 2 0 2.6000 2.7000 Hold
RXN Rexnord Corp 1 0 1 0 0 0 4.0000 5.0000 Outperform
DO Diamond Offshore Drilling Inc 2 0 1 0 2 0 3.0000 3.3333 Hold
BHLB Berkshire Hills Bancorp Inc 0 0 2 0 0 0 3.0000 4.0000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
PEGI Pattern Energy Group Inc 4 3 1 0 0 0 4.3750 4.5000 Outperform
CLQ Clean TeQ Holdings Ltd 2 2 0 0 0 0 4.5000 4.6667 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ADSK Autodesk Inc 8 0 0 1 0 0 4.6667 4.7778 Buy
STX Seagate Technology PLC 0 0 5 0 2 0 2.4286 2.7500 Underperform
PEGI Pattern Energy Group Inc 4 3 1 0 0 0 4.3750 4.5000 Outperform
INFN Infinera Corp 1 0 1 0 0 0 4.0000 5.0000 Outperform

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

CVX:NYS Chevron

http://www.chevron.com
Chevron has 51900 employees and is headquartered in United States.
Chevron Corp engages in the exploration, production, and refining operations worldwide. Its oil refineries are spread across the United States, South Africa, and Asia with an approximate capacity of 2 million barrels of oil a day.

SPG:NYS Simon Property Group

http://www.simon.com
Simon Property Group has 5000 employees and is headquartered in United States.
Simon Property Group Inc is real estate investment trust. It owns, develops and manages retail real estate properties including malls, outlets and community and lifestyle centers.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.