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 (%) |
|---|---|---|---|---|---|---|---|---|---|
| Canacol Energy Ltd | TSX | CNE | 3.42 | 368.7 | Upgrade to sector outperform from sector perform | David Popowich | CIBC World Markets | 5.00 | 46.2% |
| Integra Gold Corp | TSXV | ICG | 0.29 | 60.0 | Initiate with speculative buy | Killian Charles | Laurentian Bank Securities | 0.40 | 40.4% |
| Lundin Gold Inc | TSX | LUG | 3.96 | 400.7 | Initiate with buy | George V Albino | GMP | 6.75 | 70.5% |
| Cathedral Energy Services Ltd | TSX | CET | 2.12 | 76.9 | Downgrade to sector perform from outperform | Dana Benner | Alta Corp Capital Inc. | 2.50 | 17.9% |
CIBC World Markets upgraded Canacol Energy Ltd (TSX: CNE), engaged in the exploration and production of oil, to sector outperform from sector perform by raising its price target to C$5.00 from C$2.75, indicating an upside potential of 46.2% from current levels.
Laurentian Bank Securities initiated coverage on Integra Gold Corp (TSXV: ICG), engaged in the business of exploring gold and diamonds, with a speculative buy rating assigning a 12-month price target of C$0.40, indicating an upside of 40.4% from current levels.
Coverage on Lundin Gold Inc (TSX: LUG), engaged in the exploration of minerals, was initiated with a buy rating at GMP by assigning a 12-month price target of C$6.75, indicating an upside potential of 70.5% from current levels.
Alta Corp Capital Inc. downgraded Cathedral Energy Services Ltd (TSX: CET), engaged in the business of providing oilfield services, to sector perform from outperform by reducing its price target to C$2.50 from C$3.00, indicating an upside of 17.9% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Youku Tudou Inc | NYSE | YOKU | 17.01 | 3,542.90 | Upgrade to neutral from underweight | Chi Tsang | HSBC | 20.00 | 17.6% |
| Jumei International Holding Ltd | NYSE | JMEI | 13.01 | 1,862.10 | Upgrade to neutral from underweight | Chi Tsang | HSBC | 16.00 | 23.0% |
| USG Corp | NYSE | USG | 30.63 | 4,433.14 | Upgrade to outperform from neutral | Michael R Wood | Macquarie | 37.00 | 20.8% |
| YY Inc | NASDAQ | YY | 72.4 | 4,096.49 | Initiate with buy | Zoe Zhu | BNP Paribas Equity Research | 98.00 | 35.4% |
| First Cash Financial Services Inc | NASDAQ | FCFS | 48.38 | 1,369.49 | Downgrade to neutral from buy | Sameer Gokhale | Janney Montgomery Scott LLC | 55.00 | 13.7% |
HSBC upgraded Youku Tudou Inc (NYSE: YOKU), engaged in offering Internet television platform service that enables consumers to search, view and share video content quickly and easily across multiple devices in the People’s Republic of China, to neutral from underweight with a price target of $20.00, indicating an upside potential of 17.6% from current levels.
Jumei International Holding Ltd (NYSE: JMEI), engaged in the business of retailing beauty products online, was upgraded by HSBC to neutral from underweight with a price target of $16.00, indicating an upside potential of 23.0% from current levels.
Macquarie Inc upgraded USG Corp (NYSE: USG), engaged in manufacturing and distributing building materials, to outperform from neutral by raising its price target to $37.00, indicating an upside potential of 20.8% from current levels.
BNP Paribas Equity Research initiated coverage on YY Inc (NASDAQ: YY), engaged in offering communication social platform that engages users in real-time online group activities through voice, text and video, with a buy rating assigning a 12-month price target of $98.00, indicating an upside of 35.4% from current levels.
First Cash Financial Services Inc (NASDAQ: FCFS), engaged in operating pawn stores in North America, was downgraded by Janney Montgomery Scott LLC to neutral from buy by reducing its price target to $55.00 from $60.00, indicating an upside of 13.7% from current levels.
