20 Stocks with the Potential to Drop
It's the basic question when investing in a stock: is it on the way up or will it go down? To answer this question, the street has developed numerous ways of attempting to predict what will happen, estimating various attributes tied to stock performance in order to determine what the future holds for a company's valuation.
After dissecting the data, analysts following a particular stock produce a price target of where they believe the stock is headed. From the entire S&P 500, which stocks are analysts expecting to have the biggest drops? With data from ThomsonReuters, we took a look at which stocks have mean consensus estimates farthest below their stock prices (as of market close on 9/22/10).
So, which stocks do analysts on average predict will have the biggest drop? Click ahead to find out!
By Ariel Nelson, Giovanny Moreano & Paul Toscano Posted 22 Sept 2010
20. Bristol-Myers Squibb (BMY)
Potential to Drop: -4.7%
Mean Price Target: $26.51
Closing Price (9/22): $27.82
Number of Analysts: 17
High Estimate: $30
Low Estimate: $20.20
Get BMY Real-Time Quote
19. HCP Inc. (HCP)
Potential to Drop: -4.71%
Mean Price Target: $34.75
Closing Price (9/22): $36.47
Number of Analysts: 12
High Estimate: $40
Low Estimate: $30
Get HCP Real-Time Quote
17. (Tied) M&T Bank (MTB)
Potential to Drop: -4.8%
Mean Price Target: $84.68
Closing Price (9/22): $88.94
Number of Analysts: 17
High Estimate: $95
Low Estimate: $68
Get MTB Real-Time Quote
17. (Tied) Ventas (VTR)
Potential to Drop: -4.8%
Mean Price Target: $49.80
Closing Price (9/22): $52.32
Number of Analysts: 10
High Estimate: $56
Low Estimate: $41
Get VTR Real-Time Quote
16. Eastman Kodak (EK)
Potential to Drop: -5.3%
Mean Price Target: $3.67
Closing Price (9/22): $3.87
Number of Analysts: 3
High Estimate: $4
Low Estimate: $3
Get EK Real-Time Quote
15. Verizon (VZ)
Potential to Drop: -5.7%
Mean Price Target: $30.54
Closing Price (9/22): $32.39
Number of Analysts: 25
High Estimate: $35
Low Estimate: $24.50
Get VZ Real-Time Quote
14. Netapp (NTAP)
Potential to Drop: -6.3%
Mean Price Target: $45.40
Closing Price (9/22): $48.45
Number of Analysts: 25
High Estimate: $56
Low Estimate: $39
Get NTAP Real-Time Quote
13. Nicor (GAS)
Potential to Drop: -7.0%
Mean Price Target: $41.67
Closing Price (9/22): $44.78
Number of Analysts: 3
High Estimate: $44
Low Estimate: $38
Get GAS Real-Time Quote
11. (Tied) Titanium Metals (TIE)
Potential to Drop: -7.4%
Mean Price Target: $17.67
Closing Price (9/22): $19.08
Number of Analysts: 3
High Estimate: $23
Low Estimate: $14
Get TIE Real-Time Quote
11. (Tied)Â Kimco Realty (KIM)
Potential to Drop: -7.4%
Mean Price Target: $15.43
Closing Price (9/22): $16.67
Number of Analysts: 15
High Estimate: $18
Low Estimate: $12
Get KIM Real-Time Quote
10. Salesforce.com (CRM)
Potential to Drop: -7.6%
Mean Price Target: $109.66
Closing Price (9/22): $118.69
Number of Analysts: 29
High Estimate: $140
Low Estimate: $65
Get CRM Real-Time Quote
9. Pepco Holdings (POM)
Potential to Drop: -7.9%
Mean Price Target: $16.95
Closing Price (9/22): $18.40
Number of Analysts: 5
High Estimate: $19
Low Estimate: $15
Get POM Real-Time Quote
8. Priceline.com (PCLN)
Potential to Drop: -8.3%
Mean Price Target: $310.18
Closing Price (9/22): $338.15
Number of Analysts: 17
High Estimate: $384
Low Estimate: $210
Get PCLN Real-Time Quote
7. Ameren (AEE)
Potential to Drop: -9.7%
Mean Price Target: $27.54
Closing Price (9/22): $27.81
Number of Analysts: 5
High Estimate: $28
Low Estimate: $23
Get AEE Real-Time Quote
6. Integrys Energy (TEG)
Potential to Drop: -10.5%
Mean Price Target: $45.42
Closing Price (9/22): $50.73
Number of Analysts: 3
High Estimate: $47
Low Estimate: $44
Get TEG Real-Time Quote
5. Novell Inc. (NOVL)
Potential to Drop: -11.7%
Mean Price Target: $5.75
Closing Price (9/22): $6.51
Number of Analysts: 5
High Estimate: $7.50
Low Estimate: $4.50
Get NOVL Real-Time Quote
4. Sears Holdings (SHLD)
Potential to Drop: -15.3%
Mean Price Target: $60.80
Closing Price (9/22): $71.77
Number of Analysts: 5
High Estimate: $70
Low Estimate: $54
Get SHLD Real-Time Quote
3. Citrix Systems (CTXS)
Potential to Drop: -15.6%
Mean Price Target: $56.79
Closing Price (9/22): $67.28
Number of Analysts: 24
High Estimate: $74
Low Estimate: $40
Get CTXS Real-Time Quote
2. Akamai Tech (AKAM)
Potential to Drop: -17.1%
Mean Price Target: $41.44
Closing Price (9/22): $50.00
Number of Analysts: 17
High Estimate: $60
Low Estimate: $25
Get AKAM Real-Time Quote
1. American Int’l Group (AIG)
Potential to Drop: -30.4%
Mean Price Target: $24.83
Closing Price (9/22): $35.67
Number of Analysts: 3
High Estimate: $40
Low Estimate: $6
Get AIG Real-Time Quote