BE Aerospace The commercial aircraft maker reported Wednesday fourth-quarter earnings of $109.1 million on revenue of $654.7 million. Oppenheimer analysts raised their price target on the stock to $51 from $43 in a report on Wednesday. "The Commercial Aircraft business, which expanded 31% in 2011, is poised to continue benefiting from OEM production rate hikes through the next several years," the firm said. "The Consumables business is set to enjoy the compounded benefits of a cyclical recovery and cost synergies at recently acquired companies. And the budding backlog of supplier furnished equipment orders (most notably, the 737 lavatory win) indicate that incremental growth drivers are already taking root for 2013 and beyond." Shares of BE Aerospace hit a 52-week high of $43.97 on Wednesday. The stock's 52-week low of $28.83 was set on Oct. 4. TheStreet Ratings gives BE Aerospace an A- grade and a $48.11 price target. The stock has risen 12.89% year to date.
Marsh & McLennan The professional services company is scheduled to report its fourth-quarter results on Feb. 14. Analysts, on average, anticipate earnings of 45 cents a share on $2.96 billion in revenue. Shares of Marsh & McLennan hit a 52-week high on Wednesday of $32.49. The stock's 52-week low of $25.29 on Oct. 4. TheStreet Ratings gives Marsh & McLennan a B grade and a $40.08 price target. The stock has risen 1.49% year to date.
CA Technologies The company provides information technology software and services. CA Technologies said recently it aims to return $2.5 billion to shareholders through fiscal year 2014. CA Technologies reported third-quarter earnings of $263 million on revenue of $1.26 billion on Jan. 24. "It's our observation that CA's vision around its product platform has been unclear for some time. We believe Peter Griffiths' vision for a more flexible platform as a service is compelling," JPMorgan analysts wrote in a report Wednesday. "Not only will further formulation of this vision be important, but execution (which has been questionable in the past) will be key." Shares of CA Technologies hit a 52-week high of $26.46 on Wednesday. The stock's 52-week low of $18.60 was set on Aug. 19. CA Technologies gets a B grade from TheStreet Ratings and a $29.12 price target. The stock has increased 30.18% year to date.
Provident Energy Pembina Pipeline announced it would acquire the natural gas liquids infrastructure company on Jan. 16. "On the Path towards becoming one of Canada's Largest Publicly Traded Energy Infrastructure Companies with a Proposed Combined Market Cap. of $7.9B and EV of $10B," Haywood Securities analysts wrote in a report on Jan. 17. Shares of Provident Energy hit a 52-week high of $11.61 on Wednesday. The stock's 52-week low of $6.90 was set on Aug. 8. Provident Energy gets a B grade from TheStreet Ratings and a $14.33 price target. The stock has advanced 19% year to date.