Mack-Cali Realty (CLI) At $21.68 Forms Bottom; Last Week ARC Resources Ltd. (TSE:ARX) Coverage

Among 6 analysts covering ARC Resources (TSE:ARX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. ARC Resources had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of ARC Resources Ltd. (TSE:ARX) earned “” rating by Raymond James on Monday, June 6. IBC initiated the shares of ARX in report on Wednesday, June 15 with “Outperform” rating. As per Thursday, November 17, the company rating was maintained by TD Securities. On Friday, November 11 the stock rating was maintained by Scotia Capital with “Outperform”. TD Securities maintained ARC Resources Ltd. (TSE:ARX) on Friday, July 29 with “Hold” rating. The company was maintained on Friday, July 29 by Scotia Capital. On Friday, November 18 the stock rating was maintained by Scotia Capital with “Outperform”. The company was maintained on Friday, November 11 by National Bank Canada. National Bank Canada maintained ARC Resources Ltd. (TSE:ARX) rating on Thursday, November 19. National Bank Canada has “Outperform” rating and $25 target. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 16 report. See ARC Resources Ltd. (TSE:ARX) latest ratings:

10/11/2017 Broker: National Bank Canada Rating: Sector Perform Old Target: $17.50 New Target: $17.00 Target Down
04/08/2017 Broker: National Bank Canada Rating: Outperform Old Target: $19.00 New Target: $20.00 Target Up

Mack-Cali Realty Corporation (CLI) formed multiple bottom with $21.03 target or 3.00% below today’s $21.68 share price. Mack-Cali Realty Corporation (CLI) has $2.18B valuation. The stock increased 0.05% or $0.01 during the last trading session, reaching $21.68. About 17,277 shares traded. Mack-Cali Realty Corporation (NYSE:CLI) has risen 9.23% since January 3, 2017 and is uptrending. It has underperformed by 7.47% the S&P500.

Analysts await Mack-Cali Realty Corporation (NYSE:CLI) to report earnings on February, 27. They expect $0.54 EPS, down 3.57% or $0.02 from last year’s $0.56 per share. CLI’s profit will be $54.20 million for 10.04 P/E if the $0.54 EPS becomes a reality. After $0.57 actual EPS reported by Mack-Cali Realty Corporation for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

Among 9 analysts covering Mack Cali Realty Corp (NYSE:CLI), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Mack Cali Realty Corp has $3000 highest and $20 lowest target. $25.29’s average target is 16.65% above currents $21.68 stock price. Mack Cali Realty Corp had 33 analyst reports since August 14, 2015 according to SRatingsIntel. The company was downgraded on Friday, December 9 by Citigroup. On Friday, January 15 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained the shares of CLI in report on Monday, January 18 with “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Monday, May 16. The rating was upgraded by Zacks on Monday, August 24 to “Hold”. The firm has “Hold” rating given on Tuesday, September 8 by Evercore. The rating was maintained by Barclays Capital on Wednesday, March 30 with “Underweight”. The stock of Mack-Cali Realty Corporation (NYSE:CLI) earned “Underweight” rating by Barclays Capital on Tuesday, July 19. On Monday, July 24 the stock rating was maintained by Stifel Nicolaus with “Buy”. Zacks upgraded the shares of CLI in report on Monday, August 17 to “Hold” rating.

Investors sentiment increased to 1.5 in Q3 2017. Its up 0.21, from 1.29 in 2017Q2. It increased, as 16 investors sold Mack-Cali Realty Corporation shares while 52 reduced holdings. 25 funds opened positions while 77 raised stakes. 87.38 million shares or 0.53% more from 86.91 million shares in 2017Q2 were reported. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv reported 45,897 shares stake. Frontier Capital Co Ltd Liability Co has 2.33 million shares for 0.4% of their portfolio. Fisher Asset Limited Liability Corp invested in 0.01% or 341,830 shares. Weaver C Barksdale And Associates reported 0% in Mack-Cali Realty Corporation (NYSE:CLI). Fifth Third Bank & Trust invested in 100 shares or 0% of the stock. Panagora Asset Management has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Geode Cap Mngmt Limited Liability stated it has 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Schroder Investment Mngmt Grp Inc reported 0% in Mack-Cali Realty Corporation (NYSE:CLI). Jpmorgan Chase And invested in 514,361 shares or 0% of the stock. Invesco holds 0% or 233,686 shares in its portfolio. Laurion Mgmt Lp has 0% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 18,120 shares. Nomura Asset Ltd owns 53,470 shares. Morgan Stanley has 0.04% invested in Mack-Cali Realty Corporation (NYSE:CLI). Clearbridge Ltd Limited Liability Company invested in 20,900 shares or 0% of the stock. National Bank & Trust Of Montreal Can has 0% invested in Mack-Cali Realty Corporation (NYSE:CLI) for 122,557 shares.