| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Trican Well Service Ltd | TSX | TCW | 13.67 | 19 | Upgrade to buy from hold | Scott Treadwell | TD Securities | 17.00 | 24.4% |
| NGEx Resources Inc | TSX | NGQ | 1.65 | 4 | Initiate with buy | Christopher Welch | Pareto Securities | 2.84 | 72.1% |
| Rock Energy Inc | TSX | RE | 4.93 | 9 | Initiate with buy | Gregory Shaw | Jennings Capital | 5.75 | 16.6% |
| Winalta Inc | TSXV | WTA | 1.06 | 3 | Initiate with buy | Steven Salz | M Partners Inc | 1.55 | 46.2% |
| Solium Capital Inc | TSX | SUM | 7.43 | 5 | Downgrade to neutral from buy | Pardeep S Sangha | PI Financial Corp. | 8.25 | 11.0% |
TD Securities upgraded Trican Well Service Ltd (TSX: TCW), an oilfield services company providing an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells, to buy from hold increasing its price target to C$17.00 from C$16.00, indicating an upside of 24.4% from current levels.
Pareto Securities initiated coverage on NGEx Resources Inc (TSX: NGQ), engaged in the acquisition, exploration, and development of precious and base metal properties, with a buy rating assigning a 12-month price target of C$2.84, indicating an upside of 72.1% from current levels.
Coverage on Rock Energy Inc (TSX: RE), an energy company engaged in the exploration for and development and production of crude oil and natural gas, was initiated with a buy at Jennings Capital with a 12-month price target of C$5.75, indicating an upside of 16.6% from current levels.
Analyst Steven Salz at M Partners Inc initiated coverage on Winalta Inc (TSXV: WTA), an energy service provider that specializes in the rental of portable modular structures, with a buy rating assigning a 12-month price target of C$1.55, indicating an upside of 46.2% from current levels.
PI Financial Corp. downgraded Solium Capital Inc (TSX: SUM), a software-as-a-service company, to neutral from buy with a price target of C$8.25, indicating an upside of C$8.25, indicating an upside of 11% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Minerals Technologies Inc | NYSE | MTX | 62.18 | 6 | Upgrade to overweight from equalweight | Steven Schwartz | First Analysis Corp | 74.00 | 19.0% |
| Gran Tierra Energy Inc | NYSE | GTE | 7.47 | 20 | Upgrade to buy from hold | Jamie Somerville | TD Securities | 9.34 | 25.0% |
| Gigamon Inc | NYSE | GIMO | 36.29 | 10 | Initiate with buy | Alexander Henderson | Needham & Co | 44.00 | 21.2% |
| Enbridge Energy Management LLC | NYSE | EEQ | 26.87 | 8 | Downgrade to neutral from buy | Suzanne Hannigan | Janney Montgomery Scott LLC | 29.00 | 7.9% |
| Banc of California Inc | NASDAQ | BANC | 12.41 | 8 | Downgrade to market perform from outperform | Brett Villaume | FIG Partners LLC | 13.50 | 8.8% |
First Analysis Corp upgraded Minerals Technologies Inc (NYSE: MTX), a resource and technology based organization that develops and produces performance-enhancing minerals, mineral-based, and synthetic mineral products, to overweight from equal-weight with a price target of $74.00, indicating an upside of 19% from current levels. Recently, MTX reported that it has signed a definitive merger agreement to acquire minerals and oilfield services company Amcol International Corp. for $45.75 per share in cash or a total consideration of approximately $1.7 billion.
Gran Tierra Energy Inc (NYSE: GTE), an independent international energy company engaged in oil and gas acquisition, exploration, development and production, was upgraded to buy from hold at TD Securities increasing its price target to $9.34 from $8.53, indicating an upside of 25% from current levels.
Needham & Co initiated coverage on Gigamon Inc (NYSE: GIMO), engaged in developing a solution that delivers visibility and control of traffic across networks, with a buy rating assigning a 12-month price target of $44.00, indicating an upside of 21.2% from current levels.
Janney Montgomery Scott LLC downgraded Enbridge Energy Management LLC (NYSE: EEQ), engaged in managing and controlling the business of transporting crude oil, liquid petroleum, and natural gas of Enbridge Energy Partners, LP., to neutral from buy lowering its price target to $29.00 from $31.26, indicating an upside of 7.9% from current levels.
Banc of California Inc (NASDAQ: BANC), a multi-bank holding company engaged in providing commercial, residential and consumer banking and related financial services, was downgraded to market perform from outperform reducing its price target to $13.50 from $16.00, indicating an upside of 8.8% from current levels.
