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: Multi Packaging Solutions International Limited
Symbol: MPSX
Price: Last trade $16.04
Trade Date: 6/3
Shares: 10 million
Underwriter(s) BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, Goldman Sachs, UBS Investment Bank
Co Manager(s) Baird, BMO Capital Markets
Rating=Subscription Needed
Company: First Republic Bank
Symbol: FRC
Price: Last trade $72.41
Re-offer range $71.20-$71.70
Trade Date: 6/1
Shares: 2.5 million
Underwriter(s) Morgan Stanley, BofA Merrill Lynch, J.P. Morgan
Rating=Subscription Needed
Company: Adeptus Health Inc.
Symbol: ADPT
Price: Last trade $71.50
Trade Date: 6/3
Shares: 2.75 million
Underwriter(s) Goldman Sachs
Rating=Subscription Needed