| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Industrial Alliance Insurance & Financial Services Inc | TSX | IAG | 43.84 | 4,368.2 | Upgrade to buy from hold | Gabriel Dechaine | Canaccord Genuity Corp | 48.00 | 9.5% |
| Inovalis Real Estate Investment Trust | TSX | INO-U | 9.86 | 111.3 | Initiate with outperform | Matt Kornack | National Bank Financial | 11.00 | 11.6% |
| TVA Group Inc | TSX | TVA/B | 8.50 | 202.1 | Initiate with hold | Vince Valentini | TD Securities | 9.00 | 5.9% |
| Grenville Strategic Royalty Corp | TSXV | GRC | 0.69 | 27.1 | Initiate with buy | Neal Gilmer | Clarus Securities | 1.00 | 44.9% |
| Amica Mature Lifestyles Inc | TSX | ACC | 7.56 | 232.8 | Downgrade to market perform from outperform | Heather C Kirk | BMO Capital Markets | 8.60 | 13.8% |
Canaccord Genuity Corp upgraded Industrial Alliance Insurance & Financial Services Inc (TSX: IAG), a life and health insurance company, to buy from hold, raising the price target to C$48.00 from C$45.00, an upside of 9.5% from current levels.
National Bank Financial initiated coverage on Inovalis Real Estate Investment Trust (TSX: INO-U), an open-ended real estate investment trust, with outperform assigning a 12-month price target of C$11.00, an upside of 11.6% from current levels.
TD Securities initiated coverage on TVA Group Inc (TSX: TVA/B), a Canada-based communications company operating in two business segments: Television and Publishing, with hold assigning a 12-month price target of C$9.00, an upside of 5.9% from current levels.
Clarus Securities initiated coverage on Grenville Strategic Royalty Corp (TSXV: GRC), a provider of royalty-based finance solutions by acquiring revenue streams generated by industrial and technology businesses., with buy assigning a 12-month price target of C$1.00, an upside of 44.9% from current levels.
Amica Mature Lifestyles Inc (TSX: ACC), engaged in the design, development, marketing, management and ownership of luxury seniors’ residences was downgraded at BMO Capital Markets to market perform from outperform, reducing the price target to C$8.60 from C$9.00, an upside of 13.8% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Prosperity Bancshares Inc | NYSE | PB | 60.91 | 4,247.4 | Upgrade to buy from neutral | Brett D Rabatin | Sterne, Agee & Leach | 71.00 | 16.6% |
| Angie’s List Inc | NASDAQ | ANGI | 12.39 | 725.0 | Upgrade to buy from hold | Blake T Harper | Wunderlich Securities | 15.00 | 21.1% |
| Mattersight Corp | NASDAQ | MATR | 5.12 | 97.7 | Initiate with buy | Matt Blazei | Lake Street Capital Markets LLC | 8.00 | 56.3% |
| Montage Technology Group Ltd | NASDAQ | MONT | 21.49 | 590.9 | Downgrade to neutral from buy | Jay Srivatsa | Chardan Capital Markets | 22.60 | 5.2% |
| Francesca’s Holdings Corp | NASDAQ | FRAN | 14.06 | 593.5 | Downgrade to market perform from market outperform | Mark K Montagna | Avondale Partners LLC | 13.00 | -7.5% |
Sterne, Agee & Leach upgraded Prosperity Bancshares Inc (NYSE: PB), a financial holding company providing a broad line of financial products and services to small and medium-sized businesses and consumers operating through its bank subsidiary, Prosperity Bank, to buy from neutral, raising the price target to $71.00 from $67.00, an upside of 16.6% from current levels.
Angie’s List Inc (NASDAQ: ANGI), a provider of a consumer-driven service for members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services, was upgraded at Wunderlich Securities, to buy from hold, maintaining the price target at $15.00, an upside of 21.1% from current levels.
Lake Street Capital Markets LLC initiated coverage on Mattersight Corp (NASDAQ: MATR), a leader in enterprise analytics for and customer-employee interactions, delivering Mattersight® Behavioral Analytics as a managed service, with buy assigning a 12-month price target of $8.00, an upside of 56.3% from current levels.
Chardan Capital Markets downgraded Montage Technology Group Ltd (NASDAQ: MONT), a global fabless provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets, to neutral from buy, reducing the price target to $22.60 from $28.00, an upside of 5.2% from current levels.
Francesca’s Holdings Corp (NASDAQ: FRAN), a holding company operating a national chain of retail boutiques designed and merchandised through its subsidiary, Francesca’s Collections, Inc., was downgraded at Avondale Partners LLC to market perform from market outperform, reducing the price target to $13.00 from $23.00, a downside of 7.5% from current levels.
