| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Perpetual Energy Inc | TSX | PMT | 1.96 | 291.9 | Upgrade to outperform from sector perform | Shailender Randhawa | RBC Capital Markets | 2.50 | 27.6% |
| Empire Co Ltd | TSX | EMP/A | 67.69 | 6,248.5 | Upgrade to sector outperform from sector perform | Perry Caicco | CIBC World Markets | 82.00 | 21.1% |
| Premier Gold Mines Ltd | TSX | PG | 2.84 | 430.4 | Initiate with buy | Christos Doulis | PI Financial Corp. | 3.75 | 32.0% |
| Spartan Energy Corp | TSXV | SPE | 3.98 | 1,039.7 | Initiate with buy | Kristopher Zack | Desjardins Securities | 5.00 | 25.6% |
| Etrion Corp | TSX | ETX | 0.60 | 200.4 | Downgrade to underperform from sector perform | Jeremy Mersereau | National Bank Financial | 0.50 | -16.7% |
RBC Capital Markets upgraded Perpetual Energy Inc (TSX: PMT), an oil and natural gas exploration and production company engaged in producing primarily natural gas with growing volumes of oil and liquids from properties, to outperform from sector perform increasing its price target to C$2.50 from C$2.00, indicating an upside of 27.6% from current levels.
Empire Co Ltd (TSX: EMP/A), engaged in food retailing and related real estate business, was upgraded to sector outperform from sector perform at CIBC World Markets increasing its price target to C$82.00 from C$80.00, indicating an upside of 21.1% from current levels.
PI Financial Corp. initiated coverage on Premier Gold Mines Ltd (TSX: PG), an exploration companies with a pipeline of gold projects focused in mining jurisdictions in Canada and the U.S., with a buy rating assigning a 12-month price target of C$3.75, indicating an upside of 32% from current levels.
Coverage on Spartan Energy Corp (TSX-V: SPE), engaged in the exploration for and production of crude oil and natural gas, was initiated with a buy at Desjardins Securities with a 12-month price target of C$5.00, indicating an upside of 25.6% from current levels.
National Bank Financial downgraded Etrion Corp (TSX: ETX), an independent solar power producer that owns and operates renewable assets, to underperform from sector perform lowering its price target to C$0.50 from C$0.90, indicating a downside of 16.7% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| PAREXEL International Corp | NASDAQ | PRXL | 53.12 | 3,021.2 | Upgrade to outperform from neutral | Eric W Coldwell | Robert W. Baird & Co | 64.00 | 20.5% |
| PowerSecure International Inc | NYSE | POWR | 9.78 | 218.7 | Upgrade to buy from hold | Robert D. Brown | Lake Street Capital Markets LLC | 12.00 | 22.7% |
| Blount International Inc | NYSE | BLT | 13.54 | 669.7 | Upgrade to outperform from market perform | Lawrence T De Maria | William Blair & Co | 16.00 | 18.2% |
| Pinnacle Foods Inc | NYSE | PF | 33.21 | 3,895.4 | Upgrade to outperform from sector perform | David Palmer | RBC Capital Markets | 36.00 | 8.4% |
| Five Oaks Investment Corp | NYSE | OAKS | 11.29 | 160.2 | Initiate with market outperform | Trevor Cranston | JMP Securities | 12.50 | 10.7% |
Robert W. Baird & Co upgraded PAREXEL International Corp (NASDAQ: PRXL), a biopharmaceutical services company, providing a range of expertise in clinical research, medical communications, consulting, and advanced technology products and services, to outperform from neutral increasing its price target to $64.00 from $55.00, indicating an upside of 20.5% from current levels.
PowerSecure International Inc (NYSE: POWR), a provider of products and services to electric utilities and to their commercial, institutional and industrial customers, was upgraded to buy from hold at Lake Street Capital Markets LLC with a price target of $12.00, indicating an upside of 22.7% from current levels.
William Blair & Co upgraded Blount International Inc (NYSE: BLT), a global industrial company that designs, manufactures, and markets equipment, replacement and component parts, and accessories for professionals and consumers, to outperform from market perform raising its price target to $16.00 from $12.00, indicating an upside of 18.2% from current levels.
RBC Capital Markets upgraded Pinnacle Foods Inc (NYSE: PF), a manufacturer, marketer and distributor of branded food products, to outperform from sector perform with a price target of $36.00, indicating an upside of 8.4% from current levels.
JMP Securities initiated coverage on Five Oaks Investment Corp (NYSE: OAKS), engaged in investing, financing and managing a leveraged portfolio of Agency and Non-Agency residential mortgage-backed securities, or RMBS, residential mortgage loans and other mortgage-related investments, with market outperform rating assigning a 12-month price target of $12.50, indicating an upside of 10.7% from current levels.
