| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Pason Systems Inc | TSX | PSI | 28.89 | 7 | Upgrade to buy from hold | Steve Li | Industrial Alliance Securities | 32.00 | 10.8% |
| Enerflex Ltd | TSX | EFX | 16.10 | 8 | Upgrade to sector outperform from sector perform | Vladislav C Vlad | Scotia Capital | 19.00 | 18.0% |
| Equitable Group Inc | TSX | EQB | 52.42 | 9 | Upgrade to buy from market perform | Jeff Fenwick | Cormark Securities Inc. | 60.50 | 15.4% |
| Kinross Gold Corp | TSX | K | 5.75 | 27 | Initiate with outperform | Phil Russo | Raymond James | 7.22 | 25.6% |
| Canadian Apartment Properties REIT | TSX | CAR-U | 21.14 | 11 | Downgrade to market perform from outperform | Heather C Kirk | BMO Capital Markets | 24.50 | 15.9% |
Industrial Alliance Securities upgraded Pason Systems Inc (TSX: PSI), an international oil services company engaged in providing instrumentation systems for rent or sale to land-based and offshore drilling operations, to buy from hold increasing its price target to C$32.00 from C$27.00, indicating an upside of 10.8% from current levels.
Enerflex Ltd (TSX: EFX), a supplier for natural gas compression, oil and gas processing, refrigeration systems and power generation equipment plus in-house engineering and mechanical services, was upgraded to sector outperform from sector perform at Scotia Capital increasing its price target to C$19.00 from C$17.50, indicating an upside of 18% from current levels.
Cormark Securities Inc. upgraded Equitable Group Inc (TSX: EQB), a Canada-based financial services company, to buy from market perform raising its price target to C$60.00 from C$53.00, indicating an upside of 15.4% from current levels.
Raymond James initiated coverage on Kinross Gold Corp (TSX: K), engaged in gold mining and related activities, with an outperform rating assigning a 12-month price target of C$7.22, indicating an upside of 25.6% from current levels.
BMO Capital Markets downgraded Canadian Apartment Properties REIT (TSX: CAR-U), an unincorporated open-ended real estate investment trust, to market perform from outperform reducing its price target to C$24.50 from C$25.00, indicating an upside of 15.9% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| RPM International Inc | NYSE | RPM | 42.25 | 12 | Upgrade to outperform from neutral | John P Mcnulty | Credit Suisse | 50.00 | 18.3% |
| SandRidge Energy Inc | NYSE | SD | 6.46 | 26 | Upgrade to accumulate from neutral | Curtis R Trimble | Global Hunter Securities | 8.00 | 23.8% |
| GrafTech International Ltd | NYSE | GTI | 9.63 | 6 | Upgrade to buy from hold | Luke A Folta | Jefferies | 11.50 | 19.4% |
| GT Advanced Technologies Inc | NASDAQ | GTAT | 15.04 | 13 | Initiate with buy/neutral | Brian K Lee | Goldman Sachs | 20.00 | 33.0% |
| Superior Energy Services Inc | NYSE | SPN | 29.12 | 23 | Downgrade to neutral from buy | Darren Gacicia | Guggenheim Securities LLC | 32.00 | 9.9% |
Credit Suisse upgraded RPM International Inc (NYSE: RPM), a marketer and seller of various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, to outperform from neutral increasing its price target to $50.00 from $47.00, indicating an upside of 18.3% from current levels.
SandRidge Energy Inc (NYSE: SD), an independent oil and natural gas company engaged in the development and production activities, was upgraded to accumulate from neutral at Global Hunter Securities increasing its price target to $8.00 from $7.00, indicating an upside of 23.8% from current levels.
Jefferies upgraded GrafTech International Ltd (NYSE: GTI), a manufacturer of graphite electrodes, products essential to the production of electric arc furnace (EAF) steel and various other ferrous and nonferrous metals, to buy from hold with a price target of $11.50, indicating an upside of 19.4% from current levels.
Goldman Sachs initiated coverage on GT Advanced Technologies Inc (NASDAQ: GTAT), a diversified technology company with crystal growth equipment and solutions for the global solar, light emitting diode (LED) and electronics industries, with a buy/neutral assigning a 12-month price target of $20, indicating an upside of 33% from current levels.
Guggenheim Securities LLC downgraded Superior Energy Services Inc (NYSE: SPN), a provider of oilfield services and equipment, to neutral from buy with a price target of $32.00, indicating an upside of 9.9% from current levels.
