A Canadian gold project developer and a U.S. bank holding company both received analyst upgrades, one of which has an implied upside of nearly 50%.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Exco Technologies Ltd | TSX | XTC | 12.81 | 539.9 | Upgrade to outperform from market perform | Peter Sklar | BMO Capital Markets | 14.50 | 13.2% |
| High Liner Foods Inc | TSX | HLF | 22.01 | 714.6 | Upgrade to buy from market perform | Marc Robinson | Cormark Securities Inc. | 26.00 | 18.1% |
| Apivio Systems Inc | TSXV | APV | 0.35 | 15.3 | Initiate with buy | Pardeep S Sangha | PI Financial Corp. | 1.00 | 185.7% |
| Engagement Labs Inc | TSXV | EL | 0.56 | 14.1 | Initiate with speculative buy | David McFadgen | Cormark Securities Inc. | 1.00 | 78.6% |
| Dorel Industries Inc | TSX | DII/B | 37.20 | 1,207.1 | Downgrade to hold from buy | Derek Dley | Canaccord Genuity Corp | 39.00 | 4.8% |
BMO Capital Markets upgraded Exco Technologies Ltd (TSX: XTC), engaged in producing precision-engineered tooling primarily for automotive and industrial markets, to outperform from market perform by raising its price target to C$14.50 from C$13.00, indicating an upside potential of 13.2% from current levels.
High Liner Foods Inc (TSX: HLF), engaged in processing and marketing value-added frozen seafood, was upgraded by Cormark Securities Inc. to buy from market perform by raising its price target to $26.00 from $22.50, indicating an upside potential of 18.1% from current levels.
PI Financial Corp. initiated coverage on Apivio Systems Inc (TSXV: APV), engaged in designing, developing and marketing communications equipment and software, with a buy rating assigning a 12-month price target of C$1.00, indicating an upside of 185.7% from current levels.
Coverage on Engagement Labs Inc (TSXV: EL), engaged in developing computer software and offering internet learning services, was initiated with a speculative buy rating at Cormark Securities Inc. by assigning a 12-month price target of C$1.00, indicating an upside potential of 78.6% from current levels.
Canaccord Genuity Corp downgraded Dorel Industries Inc (TSX: DII/B), engaged in marketing juvenile products, bicycles, home furnishings products in North America, to hold from buy by reducing its price target to C$39.00 from C$44.00, indicating an upside of 4.8% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| TCF Financial Corp | NYSE | TCB | 14.74 | 2,464.96 | Upgrade to buy from neutral | Stephen G Geyen | D.A. Davidson & Co | 17.00 | 15.3% |
| Intersil Corp | NASDAQ | ISIL | 14.99 | 1,949.95 | Upgrade to buy from hold | Christian Schwab | Craig-Hallum Capital Group LLC | 19.00 | 26.8% |
| CACI International Inc | NYSE | CACI | 86.92 | 2,068.48 | upgrade to buy from hold | Brian Kinstlinger | Maxim Group LLC | 101.00 | 16.2% |
| Genworth Financial Inc | NYSE | GNW | 6.94 | 3,446.82 | Initiate with buy | Colin W Devine | Jefferies | 10.00 | 44.1% |
| RPC Inc | NYSE | RES | 11.77 | 2,572.95 | Downgrade to neutral from accumulate | Mark Brown | Global Hunter Securities | 10.00 | -15.0% |
D.A. Davidson & Co upgraded TCF Financial Corp (NYSE: TCB), engaged in providing retail and commercial banking services, to buy from neutral with a price target of $17.00, indicating an upside potential of 15.3% from current levels.
Intersil Corp (NASDAQ: ISIL), engaged in manufacturing and marketing analog, mixed-signal and power management integrated circuits, was upgraded by Craig-Hallum Capital Group LLC to buy from hold by raising its price target to $19.00 from $14.00, indicating an upside potential of 26.8% from current levels.
Maxim Group LLC Inc upgraded CACI International Inc (NYSE: CACI), engaged in providing information technology products and services, to buy from hold by raising its price target to $101.00 from $92.00, indicating an upside potential of 16.2% from current levels.
Jefferies initiated coverage on Genworth Financial Inc (NYSE: GNW), engaged in offering insurance, wealth management, investment and financial solutions, with a buy rating assigning a 12-month price target of $10.00, indicating an upside of 44.1% from current levels.
RPC Inc (NYSE: RES), engaged in providing specialized oilfield services and equipment to independent and major oilfield companies, was downgraded by Global Hunter Securities to neutral from accumulate by reducing its price target to $10.00 from $15.00, indicating a downside of 15.0% from current levels.
