IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.
Company: Ensco plc
Symbol: ESV
Price: Last trade $10.59
Description: Re-offer range $9.-$9.50
Trade Date: 4/15
Shares: 50 million
Underwriter(s) Goldman Sachs, Morgan Stanley
Rating=Subscription Needed
Company: StoneMor
Symbol: STON
Price: Last trade $24.65
Description: Re-offer range not available
Trade Date: 4/15
Shares: 2 million
Underwriter(s) Raymond James
Co Manager(s) Janney Montgomery Scott, Wunderlich, BB&T Capital Markets, Ladenburg Thalmann
Rating=Subscription Needed
Company: Nomad Foods Limited
Symbol: NOMD
Price: Last trade $8.50
Description: Re-offer $8.30
Trade Date: 4/15
Shares: 3.6 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed
Company: NXP Semiconductors NV
Symbol: NXPI
Price: Last trade $85.49
Description: Re-offer range $85.10-$85.25
Trade Date: 4/15
Shares: 2.7
Underwriter(s) Citigroup
Rating=Subscription Needed