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 (%) |
|---|---|---|---|---|---|---|---|---|---|
| Uni-Select Inc | TSX | UNS | 36.99 | 784.8 | Upgrade to buy from hold | Michael Glen | Laurentian Bank Securities | 52.00 | 40.6% |
| Whistler Blackcomb Holdings Inc | TSX | WB | 19.04 | 724.0 | Upgrade to outperform from sector perform | Irene Nattel | RBC Capital Markets | 23.00 | 20.8% |
| Park Lawn Corp | TSXV | PLC | 12.40 | 71.8 | Initiate with buy | Raveel Afzaal | Mackie Research Capital Corp. | 17.00 | 37.1% |
| Midas Gold Corp | TSX | MAX | 0.50 | 70.9 | Initiate with buy | Bhakti Pavani | Euro Pacific Capital Inc | 1.07 | 114.0% |
| Norbord Inc | TSX | NBD | 28.41 | 1,518.7 | Downgrade to neutral from outperform | Andrew M Kuske | Credit Suisse | 30.00 | 5.6% |
Laurentian Bank Securities upgraded Uni-Select Inc (TSX: UNS), engaged in the wholesale distribution of automotive replacement parts, equipment, tools, and accessories, to buy from hold by raising its price target to C$52.00 from C$31.00, indicating an upside potential of 40.6% from current levels.
Whistler Blackcomb Holdings Inc (TSX: WB), engaged in operating the four season mountain ski resort, was upgraded by RBC Capital Markets to outperform from sector perform by increasing its price target to C$23.00 from C$20.00, indicating an upside potential of 20.8% from current levels.
Coverage on Park Lawn Corp (TSXV: PLC), engaged in owning interests in cemetary related assets, was initiated with a buy rating at Mackie Research Capital Corp. by assigning a 12-month price target of C$17.00, indicating an upside potential of 37.1% from current levels.
Euro Pacific Capital Inc initiated coverage on Midas Gold Corp (TSX: MAX), engaged in the exploration of minerals, with a buy rating assigning a 12-month price target of C$1.07, indicating an upside of 114.0% from current levels.
Credit Suisse downgraded Norbord Inc (TSX: NBD), engaged in producing wood-based panelboard, to neutral from outperform with a price target of C$30.00, indicating an upside of 5.6% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| TECO Energy Inc | NYSE | TE | 20.79 | 4,879.25 | Upgrade to buy from neutral | Julien Dumoulin-Smith | UBS | 22.00 | 5.8% |
| Fifth Street Finance Corp | NASDAQ | FSC | 6.95 | 1,065.72 | Initiate with market perform | James Ronald Fotheringham | BMO Capital Markets | 9.00 | 29.5% |
| SLM Corp | NASDAQ | SLM | 9.45 | 3,998.91 | Initiate with market perform | James Ronald Fotheringham | BMO Capital Markets | 9.00 | -4.8% |
| Prospect Capital Corp | NASDAQ | PSEC | 8.63 | 3,093.01 | Initiate with market perform | James Ronald Fotheringham | BMO Capital Markets | 9.00 | 4.3% |
| RPC Inc | NYSE | RES | 12.56 | 2,745.64 | Downgrade to equalweight from overweight | Matthew Marietta | Stephens Inc | 13.00 | 3.5% |
UBS upgraded TECO Energy Inc (NYSE: TE), engaged in providing retail electric services to customers in west central Florida, to buy from neutral by raising its price target to $22.00 from $19.00, indicating an upside potential of 5.8% from current levels.
BMO Capital Markets initiated coverage on Fifth Street Finance Corp (NASDAQ: FSC), engaged in providing financing solutions to small and mid-sized companies, primarily in connection with private equity sponsors, with a market perform rating assigning a 12-month price target of $9.00, indicating an upside of 29.5% from current levels.
Coverage on SLM Corp (NASDAQ: SLM), engaged in providing education funding, originating and servicing of U.S. government guaranteed and private student loans, was initiated with a market perform rating at BMO Capital Markets by assigning a 12-month price target of $9.00, indicating a downside potential of 4.8% from current levels.
BMO Capital Markets initiated coverage on Prospect Capital Corp (NASDAQ: PSEC), engaged in providing flexible private debt and equity capital, with a market perform rating assigning a 12-month price target of $9.00, indicating an upside of 4.3% from current levels.
RPC Inc (NYSE: RES), engaged in providing specialized oilfield services and equipment to independent and major oilfield companies, was downgraded by Stephens Inc to equal weight from overweight by reducing its price target to $13.00 from $17.00, indicating an upside of 3.5% from current levels.
