| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Thompson Creek Metals Co Inc | TSX | TCM | 3.07 | 527.3 | Upgrade to hold from sell | Gary Lampard | Canaccord Genuity Corp | 3.00 | -2.3% |
| Treasury Metals Inc | TSX | TML | 0.37 | 27.0 | Initiate with speculative buy | Peter Campbell | Jennings Capital | 0.55 | 50.7% |
| Argex Titanium Inc | TSX | RGX | 0.81 | 111.3 | Initiate with speculative buy | Luisa Moreno | Euro Pacific Canada Inc | 1.60 | 97.5% |
| Crew Energy Inc | TSX | CR | 11.36 | 1,385.5 | Initiate with strong buy | Kurt B Molnar | Raymond James | 17.00 | 49.6% |
| Oceanic Iron Ore Corp | TSXV | FEO | 0.36 | 7.1 | Downgrade to hold from speculative buy | Gary Lampard | Canaccord Genuity Corp | 0.35 | -2.8% |
Canaccord Genuity Corp upgraded Thompson Creek Metals Co Inc (TSX: TCM), a diversified mining company engaged in producing molybdenum and has copper and gold reserves, to hold from sell increasing its price target of C$3.00 from C$2.70, indicating a downside of 2.3% from current levels.
However, Canaccord downgraded Oceanic Iron Ore Corp (TSX-V: FEO), focused on the development of the Ungava Bay iron properties, to hold from speculative buy lowering its price target to C$0.35 from C$0.40, indicating a downside of 2.8% from current levels.
Jennings Capital initiated coverage on Treasury Metals Inc (TSX: TML), a mineral exploration and development company, with a speculative buy assigning a 12-month price target of C$0.55, indicating an upside of 50.7% from current levels.
Coverage on Argex Titanium Inc (TSX: RGX), engaged in the acquisition, exploration and evaluation of mineral properties, was initiated with a speculative buy at Euro Pacific Canada Inc with a 12-month price target of C$1.60, indicating an upside of 97.5% from current levels.
Raymond James initiated coverage on Crew Energy Inc (TSX: CR), an oil and gas exploration, development and production company, with a strong buy assigning a 12-month price target of C$17.00, indicating an upside of 49.6% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Guess? Inc | NYSE | GES | 28.45 | 2,425.3 | Upgrade to overweight from neutral | Erinn E Murphy | Piper Jaffray | 32.00 | 12.5% |
| Groupon Inc | NASDAQ | GRPN | 6.28 | 4,284.2 | Upgrade to buy from neutral | Sameet Sinha | B Riley & Co | 9.50 | 51.3% |
| Ardmore Shipping Corp | NYSE | ASC | 12.66 | 317.1 | Initiate with buy | Noah Parquette | Canaccord Genuity Corp | 17.00 | 34.3% |
| Kate Spade & Co | NYSE | KATE | 37.06 | 4,689.8 | Initiate with outperform | John D Morris | BMO Capital Markets | 48.00 | 29.5% |
| Louisiana-Pacific Corp | NYSE | LPX | 14.35 | 2,025.2 | Downgrade to sector perform frpm outperform | Paul Quinn | RBC Capital Markets | 16.00 | 11.5% |
Piper Jaffray upgraded Guess? Inc (NYSE: GES), engaged in designing, marketing and distributing apparel and accessories for men, women and children, to overweight from neutral increasing its price target to $32.00 from $25.00, indicating an upside of 12.5% from current levels. Analyst Erinn Murphy believes that the company’s turnaround prospects in Europe are becoming too cheap to pass up. Moreover, GES also raised its 2014 and 2015 earnings-per-share projections from $1.44 to $1.52 and from $1.65 to $1.86, respectively.
Groupon Inc (NASDAQ: GRPN), a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount, was upgraded to buy from neutral at B Riley & Co raising its price target to $9.50 from $6.00, indicating an upside of 51.3% from current levels. The rating firm notes that GRPN is heading into a period of favorable year-over-year comps and analyst expects that the organic billings will accelerate through the year. Additionally, he foresees operational and strategic improvements as aiding organic growth and margin expansion through 2014 and 2015.
Canaccord Genuity Corp initiated coverage on Ardmore Shipping Corp (NYSE: ASC), a provider of seaborne transportation of petroleum products and chemicals, with a buy rating assigning a 12-month price target of $17.00, indicating an upside of 34.3% from current levels.
Coverage on Kate Spade & Co (NYSE: KATE), engaged in designing and marketing a portfolio of retail-based premium brands, was initiated with an outperform rating at BMO Capital Markets with a 12-month price target of $48.00, indicating an upside of 29.5% from current levels.
RBC Capital Markets downgraded Louisiana-Pacific Corp (NYSE: LPX), a manufacturer of building products, to sector perform from outperform lowering its price target to $16.00 from $18.00, indicating an upside of 11.5% from current levels.
