Today Mizuho Securities Reconfirms a Buy Rating on Quintiles Transnational (NYSE:Q) and a $100.0 Target Price

January 14, 2018 - By Kurt Siggers

 Today Mizuho Securities Reconfirms a Buy Rating on Quintiles Transnational (NYSE:Q) and a $100.0 Target Price

Investors sentiment increased to 1.53 in Q3 2017. Its up 0.60, from 0.93 in 2017Q2. It is positive, as 29 investors sold IQVIA Holdings Inc. shares while 118 reduced holdings. 97 funds opened positions while 128 raised stakes. 197.84 million shares or 1.05% less from 199.95 million shares in 2017Q2 were reported.

Arizona State Retirement System reported 104,088 shares. Beacon has invested 0.09% in IQVIA Holdings Inc. (NYSE:Q). Hutchin Hill Cap Ltd Partnership accumulated 0.01% or 4,100 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 89,106 shares. Opus Point Prtnrs Mngmt Ltd has invested 0.46% in IQVIA Holdings Inc. (NYSE:Q). 21,000 are owned by Tillar. Fpr Prns Ltd Company invested 5.42% in IQVIA Holdings Inc. (NYSE:Q). First Republic Invest invested in 0.01% or 14,849 shares. Blair William And Il has invested 0% in IQVIA Holdings Inc. (NYSE:Q). Ww Asset, Michigan-based fund reported 13,808 shares. Reinhart Ptnrs Inc invested 0.05% of its portfolio in IQVIA Holdings Inc. (NYSE:Q). Westpac Banking reported 71,445 shares. Neuberger Berman Group Limited Liability reported 0.06% of its portfolio in IQVIA Holdings Inc. (NYSE:Q). State Of Tennessee Treasury Department owns 61,358 shares. Three Bays Cap Limited Partnership holds 6.46% or 913,324 shares.

Quintiles Transnational (NYSE:Q) Rating Reaffirmed

In analysts report sent to investors and clients on Thursday morning, The Buy rating of Quintiles Transnational (NYSE:Q) shares was kept at Mizuho Securities, who now has a $100.0 target price per share on the stock. Mizuho Securities’s target price per share suggests a possible downside of -3.36 % from the close price of the company.

Investors sentiment increased to 1.53 in Q3 2017. Its up 0.60, from 0.93 in 2017Q2. It is positive, as 29 investors sold IQVIA Holdings Inc. shares while 118 reduced holdings. 97 funds opened positions while 128 raised stakes. 197.84 million shares or 1.05% less from 199.95 million shares in 2017Q2 were reported.

Arizona State Retirement System reported 104,088 shares. Beacon has invested 0.09% in IQVIA Holdings Inc. (NYSE:Q). Hutchin Hill Cap Ltd Partnership accumulated 0.01% or 4,100 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 89,106 shares. Opus Point Prtnrs Mngmt Ltd has invested 0.46% in IQVIA Holdings Inc. (NYSE:Q). 21,000 are owned by Tillar. Fpr Prns Ltd Company invested 5.42% in IQVIA Holdings Inc. (NYSE:Q). First Republic Invest invested in 0.01% or 14,849 shares. Blair William And Il has invested 0% in IQVIA Holdings Inc. (NYSE:Q). Ww Asset, Michigan-based fund reported 13,808 shares. Reinhart Ptnrs Inc invested 0.05% of its portfolio in IQVIA Holdings Inc. (NYSE:Q). Westpac Banking reported 71,445 shares. Neuberger Berman Group Limited Liability reported 0.06% of its portfolio in IQVIA Holdings Inc. (NYSE:Q). State Of Tennessee Treasury Department owns 61,358 shares. Three Bays Cap Limited Partnership holds 6.46% or 913,324 shares.

IQVIA Holdings Inc. (NYSE:Q) Ratings Coverage

Among 23 analysts covering Quintiles Transnational (NYSE:Q), 8 have Buy rating, 0 Sell and 15 Hold. Therefore 35% are positive. Quintiles Transnational has $125.0 highest and $74 lowest target. $101.26’s average target is -2.15% below currents $103.48 stock price. Quintiles Transnational had 60 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, August 14, the company rating was reinitiated by Credit Suisse. Jefferies maintained the shares of Q in report on Monday, October 30 with “Hold” rating. The stock of IQVIA Holdings Inc. (NYSE:Q) has “Sector Weight” rating given on Monday, November 13 by KeyBanc Capital Markets. The stock has “Hold” rating by Piper Jaffray on Thursday, October 26. Avondale initiated the shares of Q in report on Wednesday, October 21 with “Sector Weight” rating. The rating was downgraded by Deutsche Bank to “Hold” on Friday, February 3. The firm has “Buy” rating given on Tuesday, October 31 by Credit Suisse. Bank of America downgraded the stock to “Neutral” rating in Friday, December 2 report. On Tuesday, August 25 the stock rating was downgraded by Zacks to “Buy”. The company was maintained on Monday, August 7 by Citigroup.

It closed at $103.48 lastly. It is down 27.93% since January 14, 2017 and is uptrending. It has outperformed by 11.23% the S&P500.

Quintiles IMS Holdings, Inc. provides integrated information and technology-enabled healthcare services in the Americas, Europe, Africa, and the Asia-Pacific. The company has market cap of $21.87 billion. It operates through three divisions: Commercial Solutions, Research & Development Solutions, and Integrated Engagement Services. It has a 424.1 P/E ratio. The Commercial Solutions segment offers country level performance metrics related to sales of pharmaceutical products, prescribing trends, medical treatment, and promotional activity across various channels, including retail, hospital, and mail order to life science companies, and investment and financial sectors that deal with life science companies; and measurement of sales or prescribing activity at the regional, zip code, and individual prescriber level to pharmaceutical sales organizations.

More news for IQVIA Holdings Inc. (NYSE:Q) were recently published by: Gurufocus.com, which released: “Sheets Smith Wealth Management Buys IQVIA Holdings Inc, Alibaba Group Holding …” on January 12, 2018. Gurufocus.com‘s article titled: “Bremer Trust National Association Buys Aptiv PLC, Xcel Energy Inc, IQVIA …” and published on January 12, 2018 is yet another important article.

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