| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Newalta Corp | TSX | NAL | 21.00 | 10 | Upgrade to sector outperform from sector perform | David Noseworthy | CIBC World Markets | 20.00 | -4.8% |
| Endeavour Silver Corp | TSX | EDR | 5.00 | 10 | Upgrade to hold from sell | Benjamin Asuncion | Haywood Securities Inc. | 5.00 | 0.0% |
| HudBay Minerals Inc | TSX | HBM | 8.87 | 18 | Initiate with hold | Jackie Przybylowski | Desjardins Securities | 10.00 | 12.7% |
| Crown Point Energy Inc | TSXV | CWV | 0.89 | 4 | Initiate with speculative buy | Christopher Brown | Canaccord Genuity Corp | 1.50 | 68.5% |
| Baytex Energy Corp | TSX | BTE | 45.73 | 18 | Downgrade to neutral from outperform | Cristina Lopez | Macquarie | 48.50 | 6.1% |
CIBC World Markets upgraded Newalta Corp (TSX: NAL), engaged in recycling and recovering saleable products from industrial wastes through a network of facilities, to sector outperform from sector perform with a price target of C$20.00, indicating a downside of 4.8% from current levels.
Endeavour Silver Corp (TSX: EDR), engaged in the evaluation, acquisition, exploration, development and exploitation of silver mining properties, was upgraded to hold from sell at Haywood Securities Inc. with a price target of $5.00 per share.
Desjardins Securities initiated coverage on HudBay Minerals Inc (TSX: HBM), an integrated mining company engaged in producing copper concentrate and zinc metal and focused on the discovery, production and marketing of base and precious metals, with a hold rating assigning a 12-month price target of C$10.00, indicating an upside of 12.7% from current levels.
Coverage on Crown Point Energy Inc (TSXV: CWV), a Canada-based oil and gas exploration and development company engaged in developing its level of reserves, production and opportunities present on its seven concessions, was initiated with a speculative buy at Canaccord Genuity Corp with a price target of C$1.50, indicating an upside of 68.5% from current levels.
Macquarie downgraded Baytex Energy Corp (TSX: BTE), engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets, to neutral from outperform with a price target of C$48.50, indicating an upside of 6.1% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Fortune Brands Home & Security Inc | NYSE | FBHS | 42.00 | 15 | Upgrade to outperform from neutral | Michael Dahl | Credit Suisse | 50.00 | 19.0% |
| First Interstate Bancsystem Inc | NASDAQ | FIBK | 28.16 | 7 | Upgrade to overweight from equalweight | Matthew J Keating | Barclays | 32.00 | 13.6% |
| Bank of Marin Bancorp | NASDAQ | BMRC | 45.02 | 6 | Upgrade to outperform from market perform | Donald A Worthington | Raymond James | 50.00 | 11.1% |
| American Midstream Partners LP | NYSE | AMID | 26.51 | 6 | Initiate with overweight | Richard Gross | Barclays | 29.00 | 9.4% |
| PerkinElmer Inc | NYSE | PKI | 45.68 | 16 | Downgrade to neutral from buy | Ross Muken | ISI Group | 49.00 | 7.3% |
Credit Suisse upgraded Fortune Brands Home & Security Inc (NYSE: FBHS), a provider of in home and security products including Kitchen & Bath Cabinetry, Plumbing & Accessories, advanced material windows & entry door Systems, and security and storage products, to outperform from neutral increasing its price target to $50.00 from $47.00, indicating an upside of 19% from current levels.
First Interstate Bancsystem Inc (NASDAQ: FIBK), a bank holding company engaged in delivering a range of banking products and services, was upgraded to overweight from equal-weight at Barclays increasing its price target to $32.00 from $31.00, indicating an upside of 13.6% from current levels.
Meanwhile, Barclays initiated coverage on American Midstream Partners LP (NYSE: AMID), engaged in operating, developing and acquiring a portfolio of natural gas midstream energy assets, with an overweight rating assigning a 12-month price target of $29.00, indicating an upside of 9.4% from current levels.
Raymond James upgraded Bank of Marin Bancorp (NASDAQ: BMRC), a holding company for Bank of Marin with banking focus on small to medium-sized businesses, professionals and not-for-profit organizations, to outperform from market perform with a price target of $50.00, indicating an upside of 11.1% from current levels.
ISI Group downgraded PerkinElmer Inc (NYSE: PKI), a provider of products, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets, to neutral from buy with a price target of $49.00, indicating an upside of 7.3% from current levels.
