A Canadian gold project developer and a U.S. bank holding company both received analyst upgrades, one of which has an implied upside of nearly 50%.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Computer Modelling Group Ltd | TSX | CMG | 11.35 | 896.2 | Upgrade to sector perform from underperform | Steven Arthur | RBC Capital Markets | 12.00 | 5.7% |
| Maple Leaf Foods Inc | TSX | MFI | 19.81 | 2,801.5 | Upgrade to buy from hold | Derek Dley | Canaccord Genuity Corp | 22.00 | 11.1% |
| Emera Inc | TSX | EMA | 37.38 | 5,311.7 | Upgrade to outperform from sector perform | Robert Kwan | RBC Capital Markets | 41.00 | 9.7% |
| Aptose Biosciences Inc | TSX | APS | 7.36 | 85.5 | Initiate with buy | John Newman | Canaccord Genuity Corp | 14.62 | 98.6% |
| TransGlobe Energy Corp | TSX | TGL | 5.02 | 377.6 | Downgrade to hold from buy | Ian W Macqueen | Paradigm Capital Inc | 8.75 | 74.3% |
RBC Capital Markets upgraded Computer Modelling Group Ltd (TSX: CMG), engaged in the development and licensing of oil and gas reservoir simulation software that assists petroleum company clients worldwide to extract significantly increased amounts of oil and gas from their reservoirs, to sector perform from underperform with a price target of C$12.00, indicating an upside of 5.7% from current levels.
Maple Leaf Foods Inc (TSX: MFI), engaged in manufacturing and selling a variety of food products, was upgraded by Canaccord Genuity Corp to buy from hold raising its price target to C$22.00 from C$17.00, indicating an upside potential of 11.1% from current levels.
RBC Capital Markets upgraded Emera Inc (TSX: EMA), engaged in providing diversified energy and services, to outperform from sector perform raising its price target to C$41.00 from C$38.00, indicating an upside of 9.7% from current levels.
Coverage on Aptose Biosciences Inc (TSX: APS), engaged in the development of cancer therapies, was initiated with a buy rating at Canaccord Genuity Corp, assigning a 12-month price target of C$14.62, indicating an upside potential of 98.6% from current levels.
Paradigm Capital Inc downgraded TransGlobe Energy Corp (TSX: TGL), engaged in the exploration, development and production of oil and gas, to hold from buy by reducing its price target to C$8.75 from C$9.00, indicating an upside of 74.3% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| FLIR Systems Inc | NASDAQ | FLIR | 32.05 | 4,542.4 | Upgrade to outperform from in-line | Jeffrey T Kessler | Imperial Capital LLC | 40.00 | 24.8% |
| Aaron’s Inc | NYSE | AAN | 23.99 | 1,734.8 | Upgrade to outperform from market perform | Beryl Bugatch | Raymond James | 28.00 | 16.7% |
| DineEquity Inc | NYSE | DIN | 85.15 | 1,691.2 | Upgrade to buy from neutral | Alton Stump | Longbow Research | 102.00 | 19.8% |
| Flowers Foods Inc | NYSE | FLO | 18.54 | 3,884.9 | Initiate with sell | Timothy S Ramey | Pivotal Research Group LLC | 14.00 | -24.5% |
| Royal Gold Inc | NASDAQ | RGLD | 64.42 | 4,175.1 | Downgrade to neutral from overweight | Patrick Chidley | HSBC | 74.00 | 14.9% |
Imperial Capital LLC upgraded FLIR Systems Inc (NASDAQ: FLIR), engaged in designing, manufacturing and marketing thermal imaging systems, to outperform from in-line with a price target of $40.00, indicating an upside of 24.8% from current levels.
Aaron’s Inc (NYSE: AAN), engaged in the business of retailing consumer electronics, computers, residential furniture, household appliances and accessories, was upgraded by Raymond James to outperform from market perform with a price target of $28.00, indicating an upside potential of 16.7% from current levels.
Longbow Research upgraded DineEquity Inc (NYSE: DIN), engaged in developing, operating, and franchising family restaurants, to buy from neutral with a price target of $102.00, indicating an upside of 19.8% from current levels.
Pivotal Research Group LLC initiated coverage on Flowers Foods Inc (NYSE: FLO), engaged in producing and marketing bakery products in the U.S., with a sell rating assigning a 12-month price target of $14.00, indicating a downside of 24.5% from current levels.
Royal Gold Inc (NASDAQ: RGLD), engaged in the business of acquiring and managing precious metals royalties and similar interests, was downgraded by HSBC to neutral from overweight with a price target of $74.00, implying an upside potential of 14.9% from current levels.
