| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Asanko Gold Inc | TSX | AKG | 2.30 | 7 | Upgrade to speculative outperform from market perform | Andrew Breichmanas | BMO Capital Markets | 3.00 | 30.4% |
| Ensign Energy Services Inc | TSX | ESI | 16.10 | 14 | Upgrade to sector outperform from sector perform | Jon Morrison | CIBC World Markets | 21.50 | 33.5% |
| Secure Energy Services Inc | TSX | SES | 16.18 | 12 | Upgrade to outperform from sector perform | Jason Sawatzky | Alta Corp Capital Inc. | 22.00 | 36.0% |
| Sphere 3D Corp | TSXV | ANY | 7.10 | 2 | Initiate with speculative buy | Hubert Mak | Cormark Securities Inc. | 8.50 | 19.7% |
| HudBay Minerals Inc | TSX | HBM | 8.83 | 18 | Downgrade to sector perform from outperform | Patrick Morton | RBC Capital Markets | 9.00 | 1.9% |
BMO Capital Markets upgraded Asanko Gold Inc (TSX: AKG), a natural resource company engaged in the acquisition and exploration of mineral resources, to speculative outperform from market perform increasing its price target to C$3.00 from C$2.50, indicating an upside of 30.4% from current levels.
Ensign Energy Services Inc (TSX: ESI), a provider of oilfield services to the crude oil and natural gas industry, was upgraded to sector outperform from sector perform at CIBC World Markets increasing its price target of C$21.50 from C$20.50, indicating an upside of 33.5% from current levels.
Alta Corp Capital Inc. upgraded Secure Energy Services Inc (TSX: SES), a diversified energy services company, to outperform from sector perform raising its price target to C$22.00 from C$18.00, indicating an upside of 36% from current levels.
Cormark Securities Inc. initiated coverage on Sphere 3D Corp (TSXV: ANY), engaged in providing solutions that enable compatible hardware and software products to work together through device emulation and software virtualization, with a speculative buy assigning a 12-month price target of C$8.50, indicating an upside of 19.7% from current levels.
RBC Capital Markets downgraded HudBay Minerals Inc (TSX: HBM), an integrated mining company engaged in producing copper concentrate and zinc metal, and focused on the discovery, production and marketing of base and precious metals, to sector perform from outperform lowering its target price to C$9.00 from C$10.00, indicating an upside of 1.9% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Diamond Offshore Drilling Inc | NYSE | DO | 46.77 | 36 | Upgrade to market perform from underperform | Thomas Curran | FBR Capital Markets | 45.00 | -3.8% |
| Southcross Energy Partners LP | NYSE | SXE | 17.81 | 7 | Upgrade to equalweight from underweight | Heejung Ryoo | Barclays | 19.00 | 6.7% |
| CommVault Systems Inc | NASDAQ | CVLT | 67.85 | 20 | Upgrade to market outperform from market perform | Greg Mcdowell | JMP Securities | 80.00 | 17.9% |
| Unit Corp | NYSE | UNT | 50.51 | 9 | Initiate with market perform | Marc Bianchi | Cowen and Company | 58.00 | 14.8% |
| Boardwalk Pipeline Partners LP | NYSE | BWP | 13.01 | 14 | Downgrade to sell from hold | Curtis N Launer | Deutsche Bank | 12.00 | -7.8% |
FBR Capital Markets upgraded Diamond Offshore Drilling Inc (NYSE: DO), a global offshore oil and gas drilling contractor, to market perform from underperform with a price target of $45.00, indicating a downside of 3.8% from current levels. The rating firm upgraded the stock on cheap valuation.
Southcross Energy Partners LP (NYSE: SXE), a limited partnership which owns, operates, develops and acquires midstream energy assets, was upgraded to equal-weight from underweight at Barclays increasing its price target to $19.00 from $18.00, indicating an upside of 6.7% from current levels.
JMP Securities upgraded CommVault Systems Inc (NASDAQ: CVLT), a provider of data and information management software applications and related services, to market outperform from market perform with a price target of $80.00, indicating an upside of 17.9% from current levels.
Cowen and Company initiated coverage on Unit Corp (NYSE: UNT), a contract drilling company, with market perform rating assigning a 12-month price target of $58.00, indicating an upside of 14.8% from current levels.
Deutsche Bank downgraded Boardwalk Pipeline Partners LP (NYSE: BWP), a limited partnership company which owns and operates three interstate natural gas pipeline systems including integrated storage facilities, to sell from hold lowering its price target to $12.00 from $27.00, indicating a downside of 7.8% from current levels.
