AGCO Corp.
(NYSE: AGCO) and Lundin Mining Corp. (TSX: LUN) are among a number of stocks
that received either an analyst upgrade or downgrade recently, including one
with potential upside of more than 62%.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Yamana Gold Inc | TSX | YRI | 6.28 | 5,531.1 | Upgrade to neutral from underweight | Patrick Chidley | HSBC | 7.26 | 15.6% |
| Lundin Mining Corp | TSX | LUN | 5.22 | 3,058.7 | Upgrade to strong buy from outperform | Alex Terentiew | Raymond James | 8.50 | 62.8% |
| Computer Modelling Group Ltd | TSX | CMG | 11.34 | 895.4 | Initiate with buy | AMR Ezzat | Euro Pacific Canada Inc | 15.00 | 32.3% |
| Rio Alto Mining Ltd | TSX | RIO | 2.48 | 819.7 | Initiate with buy | Richard Gray | Cormark Securities Inc. | 3.75 | 51.2% |
| Superior Plus Corp | TSX | SPB | 12.89 | 1,626.5 | Downgrade market perform from buy | Sarah Hughes | Cormark Securities Inc. | 14.30 | 10.9% |
HSBC upgraded Yamana Gold Inc (TSX: YRI), engaged in the production of gold, to neutral from underweight with a price target of C$7.26, indicating an upside of 15.6% from current levels.
Lundin Mining Corp (TSX: LUN), engaged in the exploration and production of base metals in Europe, was upgraded by Raymond James to strong buy from outperform raising its price target to C$8.50 from C$7.75, indicating an upside potential of 62.8% from current levels.
Euro Pacific Canada Inc initiated coverage on Computer Modelling Group Ltd (TSX: CMG), engaged in the development and licensing of oil and gas reservoir simulation software, with a buy rating assigning a 12-month price target of C$15.00, indicating an upside potential of 32.3% from current levels.
Coverage on Rio Alto Mining Ltd (TSX: RIO), engaged in the acquisition, exploration and development of gold resources and advanced stage exploration projects in both Peru and Latin America, was initiated with a buy rating at Cormark Securities Inc., assigning a 12-month price target of C$3.75, indicating an upside potential of 51.2% from current levels.
Cormark Securities Inc. downgraded Superior Plus Corp (TSX: SPB), engaged in distributing propane, supplying chemicals, technology and producing potassium products, to market perform from buy by reducing its price target to C$14.30 from C$15.50, indicating an upside of 10.9% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Leidos Holdings Inc | NYSE | LDOS | 35.04 | 2,594.3 | Upgrade to neutral from underperform | Robert M Spingarn | Credit Suisse | 35.00 | -0.1% |
| Vantiv Inc | NYSE | VNTV | 31.68 | 4,625.3 | Upgrade to buy from hold | Jason Kupferberg | Jefferies | 37.00 | 16.8% |
| WellCare Health Plans Inc | NYSE | WCG | 58.46 | 2,565.6 | Upgrade to buy from neutral | Brian M Wright | Sterne Agee & Leach | 72.00 | 23.2% |
| Hibbett Sports Inc | NASDAQ | HIBB | 41.87 | 1,052.1 | Initiate with neutral | Stephen Tanal | Goldman Sachs | 45.00 | 7.5% |
| AGCO Corp | NYSE | AGCO | 42.13 | 3,951.6 | Downgrade to neutral from buy | Ryan M Connors | Janney Montgomery Scott LLC | 56.00 | 32.9% |
Credit Suisse upgraded Leidos Holdings Inc (NYSE: LDOS), engaged in providing scientific, engineering, systems integration and technical services and solutions, to neutral from underperform raising its price target to $35.00 from $30.00, indicating a downside of 0.1% from current levels.
Vantiv Inc (NYSE: VNTV), an integrated payment processor, was upgraded by Jefferies to buy from hold raising its price target to $37.00 from $32.00, indicating an upside potential of 16.8% from current levels.
Sterne Agee & Leach upgraded WellCare Health Plans Inc (NYSE: WCG), engaged in providing managed care services targeted exclusively to government-sponsored healthcare programs, to buy from neutral raising its price target to $72.00 from $69.00, indicating an upside of 23.2% from current levels.
Goldman Sachs initiated coverage on Hibbett Sports Inc (NASDAQ: HIBB), engaged in operating a chain of sporting goods stores in the southeastern United States, with a neutral rating assigning a 12-month price target of $45.00, indicating an upside potential of 7.5% from current levels.
AGCO Corp (NYSE: AGCO), engaged in manufacturing and distributing agricultural equipment and related replacement parts globally, was downgraded by Janney Montgomery Scott LLC to neutral from buy by reducing its price target to $56.00 from $72.00, implying an upside potential of 32.9% from current levels.
