Agilent Technologies, Inc. (A) Draws Bearish Attention After Forming Head & Shoulders Chart Pattern

Agilent Technologies, Inc. (NYSE:A) Logo

Investors sentiment increased to 1.23 in 2019 Q1. Its up 0.13, from 1.1 in 2018Q4. It increased, as 26 investors sold Agilent Technologies, Inc. shares while 190 reduced holdings. 75 funds opened positions while 190 raised stakes. 260.99 million shares or 0.81% more from 258.90 million shares in 2018Q4 were reported.
Tower Capital Limited Liability Corp (Trc) accumulated 3,768 shares or 0.02% of the stock. Ameritas Invest Prtn Inc invested 0.02% in Agilent Technologies, Inc. (NYSE:A). Ohio-based Bartlett And Limited Liability Corporation has invested 0% in Agilent Technologies, Inc. (NYSE:A). Duquesne Family Office Limited Liability holds 1.12% in Agilent Technologies, Inc. (NYSE:A) or 478,800 shares. Moreover, Employees Retirement Association Of Colorado has 0.03% invested in Agilent Technologies, Inc. (NYSE:A) for 60,162 shares. Glenmede Trust Na invested in 0.03% or 74,377 shares. Fin Management Inc accumulated 0% or 7 shares. Loomis Sayles And Company Lp owns 0% invested in Agilent Technologies, Inc. (NYSE:A) for 176 shares. Lpl Financial Ltd Liability holds 0.01% or 38,924 shares in its portfolio. The New York-based Orbimed Ltd has invested 0.99% in Agilent Technologies, Inc. (NYSE:A). 39,914 were reported by Quantbot Lp. Panagora Asset Mngmt has 1.39M shares for 0.5% of their portfolio. Comerica Retail Bank reported 0.05% stake. Numerixs Investment Techs holds 0.12% or 11,378 shares in its portfolio. Optimum Inv accumulated 530 shares.

The stock of Agilent Technologies, Inc. (A) formed H&S with $64.72 target or 7.00 % below today’s $69.59 share price. The 9 months Head & Shoulders indicates high risk for the $21.57B company. It was reported on Aug, 16 by Faxor.com. If the $64.72 price target is reached, the company will be worth $1.51 billion less.
Head-and-shoulders are one of the best chart patterns to trade. They work in bear and bull markets and according to many researchers have very low failure rate. Even thought they have high pullback rate, such patters usually provide good risk-reward entry opportunities. The percentage of stocks meeting price targets is 55%.

The stock increased 6.10% or $4 during the last trading session, reaching $69.59. About 6.59 million shares traded or 138.07% up from the average. Agilent Technologies, Inc. (NYSE:A) has risen 7.40% since August 16, 2018 and is uptrending. It has outperformed by 7.40% the S&P500.

Agilent Technologies, Inc. (NYSE:A) Ratings Coverage

Among 8 analysts covering Agilent (NYSE:A), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Agilent has $92 highest and $82 lowest target. $87.33’s average target is 25.49% above currents $69.59 stock price. Agilent had 11 analyst reports since February 20, 2019 according to SRatingsIntel. The stock of Agilent Technologies, Inc. (NYSE:A) has “Buy” rating given on Thursday, February 21 by J.P. Morgan. Jefferies maintained Agilent Technologies, Inc. (NYSE:A) rating on Thursday, February 21. Jefferies has “Buy” rating and $90 target. The company was maintained on Tuesday, March 26 by Cowen & Co. On Thursday, February 21 the stock rating was maintained by Deutsche Bank with “Buy”. The company was maintained on Thursday, February 21 by Barclays Capital. The rating was maintained by Robert W. Baird on Wednesday, February 20 with “Buy”. Needham maintained Agilent Technologies, Inc. (NYSE:A) rating on Monday, February 25. Needham has “Buy” rating and $88 target.

More notable recent Agilent Technologies, Inc. (NYSE:A) news were published by: Benzinga.com which released: “AutoNation Delivers Q2 Beat, But Surprises With Management Change – Benzinga” on July 23, 2019, also Finance.Yahoo.com with their article: “At US$14.27, Is Regions Financial Corporation (NYSE:RF) Worth Looking At Closely? – Yahoo Finance” published on August 14, 2019, Finance.Yahoo.com published: “Update: Flowers Foods (NYSE:FLO) Stock Gained 47% In The Last Three Years – Yahoo Finance” on August 14, 2019. More interesting news about Agilent Technologies, Inc. (NYSE:A) were released by: Finance.Yahoo.com and their article: “Is It Smart To Buy Snap-on Incorporated (NYSE:SNA) Before It Goes Ex-Dividend? – Yahoo Finance” published on August 15, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does Leidos Holdings, Inc.’s (NYSE:LDOS) P/E Ratio Signal A Buying Opportunity? – Yahoo Finance” with publication date: August 15, 2019.

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company has market cap of $21.57 billion. It operates through three divisions: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. It has a 20.82 P/E ratio. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; microfluidics based automated electrophoresis products; cell analysis plate based assays; laboratory software and informatics systems; laboratory automation; dissolution testing; vacuum pumps; and measurement technologies.

Agilent Technologies, Inc. (NYSE:A) Ratings Chart

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