BB&T (BBT) Hold Rating Reconfirmed by Piper Jaffray; With $55.0 Target; Last Week Approach Resources, Inc. (AREX) Analysts

Among 13 analysts covering Approach Resources (NASDAQ:AREX), 2 have Buy rating, 1 Sell and 10 Hold. Therefore 15% are positive. Approach Resources had 24 analyst reports since July 21, 2015 according to SRatingsIntel. Northland Capital maintained the stock with “Market Perform” rating in Friday, August 7 report. The company was maintained on Monday, November 13 by KeyBanc Capital Markets. The rating was maintained by RBC Capital Markets on Friday, August 7 with “Outperform”. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, September 5. SunTrust upgraded the stock to “Hold” rating in Wednesday, October 26 report. As per Tuesday, September 26, the company rating was maintained by Robert W. Baird. The stock of Approach Resources, Inc. (NASDAQ:AREX) earned “Sell” rating by Seaport Global on Wednesday, June 21. The company was upgraded on Wednesday, October 26 by Suntrust Robinson. The stock of Approach Resources, Inc. (NASDAQ:AREX) earned “Accumulate” rating by KLR Group on Monday, August 10. Wunderlich maintained Approach Resources, Inc. (NASDAQ:AREX) rating on Tuesday, May 24. Wunderlich has “Hold” rating and $3 target. See Approach Resources, Inc. (NASDAQ:AREX) latest ratings:

13/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
26/09/2017 Broker: Robert W. Baird Rating: Hold New Target: $4.0 Maintain
05/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
18/08/2017 Broker: Imperial Capital Rating: In-Line New Target: $2.5 Initiates Coverage On

Among 30 analysts covering BB&T Corp (NYSE:BBT), 10 have Buy rating, 0 Sell and 20 Hold. Therefore 33% are positive. BB&T Corp has $61.0 highest and $35 lowest target. $50.44’s average target is -7.96% below currents $54.8 stock price. BB&T Corp had 95 analyst reports since July 17, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, August 23. The stock has “Neutral” rating by JP Morgan on Wednesday, November 1. The rating was maintained by RBC Capital Markets on Thursday, September 7 with “Buy”. Morgan Stanley downgraded the stock to “Underweight” rating in Monday, November 14 report. The rating was maintained by Sandler O’Neill on Thursday, January 18 with “Hold”. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, January 2 report. The firm earned “Equal Weight” rating on Friday, October 16 by Barclays Capital. Wells Fargo maintained it with “Hold” rating and $51.0 target in Wednesday, December 20 report. The stock of BB&T Corporation (NYSE:BBT) has “Mkt Perform” rating given on Thursday, January 19 by FBR Capital. The rating was downgraded by Robert W. Baird to “Neutral” on Monday, July 11.

The stock increased 2.56% or $0.09 during the last trading session, reaching $3.6. About 1.01 million shares traded or 63.89% up from the average. Approach Resources, Inc. (NASDAQ:AREX) has risen 23.01% since January 21, 2017 and is uptrending. It has outperformed by 6.31% the S&P500.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.33, from 1.5 in 2017Q2. It is negative, as 14 investors sold Approach Resources, Inc. shares while 16 reduced holdings. 14 funds opened positions while 21 raised stakes. 20.88 million shares or 1.85% more from 20.50 million shares in 2017Q2 were reported. American Gru invested 0% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX). Bnp Paribas Arbitrage, a New York-based fund reported 4,199 shares. Price T Rowe Assocs Inc Md holds 0% or 55,021 shares. Jbf has invested 0% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX). Guggenheim Capital Ltd Liability Co reported 0.01% stake. First Manhattan Communication stated it has 1.40 million shares. Manufacturers Life Insur The owns 2,978 shares. Boston Ptnrs stated it has 597,384 shares. Dimensional Fund Advsrs Lp reported 161,294 shares. Bridgeway Cap Mngmt, a Texas-based fund reported 670,500 shares. Legal General Gru Public Ltd stated it has 0% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX). Lubar Inc reported 1.00 million shares. Hl Fin Limited Liability Corp reported 10,600 shares or 0% of all its holdings. Geode Cap Management Limited Liability Co owns 0% invested in Approach Resources, Inc. (NASDAQ:AREX) for 410,697 shares. 119,878 were reported by Janney Montgomery Scott Limited Liability.

Since December 4, 2017, it had 5 insider buys, and 0 insider sales for $6.53 million activity. Wilks Brothers – LLC also bought $807,280 worth of Approach Resources, Inc. (NASDAQ:AREX) shares.

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional gas and oil reserves in the United States. The company has market cap of $326.85 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas. It currently has negative earnings. It also owns interests in east Texas Basin.

Since August 16, 2017, it had 0 buys, and 7 selling transactions for $7.30 million activity. Another trade for 7,762 shares valued at $373,811 was sold by Bradley W Bennett. On Friday, October 20 the insider KING KELLY S sold $3.15M. Wilson Donta L sold $201,929 worth of BB&T Corporation (NYSE:BBT) on Friday, October 20. Henson Christopher L sold $2.01M worth of BB&T Corporation (NYSE:BBT) on Friday, October 20. 8,752 shares valued at $410,539 were sold by Weaver David Hudson on Wednesday, August 16. Shares for $589,373 were sold by Johnson Robert Jerome JR. 11,508 shares were sold by BANNER JENNIFER S, worth $559,259 on Thursday, October 26.

The stock increased 1.22% or $0.66 during the last trading session, reaching $54.8. About 5.76 million shares traded or 20.00% up from the average. BB&T Corporation (NYSE:BBT) has risen 20.68% since January 21, 2017 and is uptrending. It has outperformed by 3.98% the S&P500.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.23, from 1.16 in 2017Q2. It worsened, as 56 investors sold BB&T Corporation shares while 291 reduced holdings. 81 funds opened positions while 241 raised stakes. 500.82 million shares or 2.15% less from 511.81 million shares in 2017Q2 were reported. Utah Retirement System holds 0.16% or 148,651 shares in its portfolio. The Massachusetts-based Cadence Capital Ltd Liability Co has invested 0.37% in BB&T Corporation (NYSE:BBT). Andra Ap holds 98,900 shares. New England Research And Mngmt Incorporated accumulated 34,090 shares. Marshwinds Advisory accumulated 0.21% or 9,428 shares. Veritable Limited Partnership, a Pennsylvania-based fund reported 28,300 shares. Jacobus Wealth Mgmt holds 10,701 shares. Hamel Assoc Inc owns 108,975 shares. Thrivent Financial For Lutherans owns 41,327 shares or 0.01% of their US portfolio. Tnb Financial holds 0.27% in BB&T Corporation (NYSE:BBT) or 34,087 shares. Teachers Annuity Association Of America holds 0.21% in BB&T Corporation (NYSE:BBT) or 168,640 shares. Washington stated it has 0.51% of its portfolio in BB&T Corporation (NYSE:BBT). Willis Investment Counsel invested 1.51% in BB&T Corporation (NYSE:BBT). South Dakota Council has 230,134 shares for 0.22% of their portfolio. Capital Glob Invsts accumulated 25.48M shares.

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