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 (%) |
|---|---|---|---|---|---|---|---|---|---|
| GLV Inc | TSX | GLV/A | 2.04 | 92.1 | Upgrade to outperform from sector perform | Sara O’Brien | RBC Capital Markets | 3.00 | 47.1% |
| Regal Lifestyle Communities Inc | TSX | RLC | 8.75 | 273.0 | Upgrade to buy from neutral | Yashwant Sankpal | Dundee Securities Corp | 10.20 | 16.6% |
| TORC Oil & Gas Ltd | TSX | TOG | 10.64 | 1,024.4 | Upgrade to sector outperform from sector perform | William S Lee | Scotia Capital | 16.00 | 50.4% |
| Santacruz Silver Mining Ltd | TSXV | SCZ | 0.42 | 43.5 | Initiate with buy | Bhakti Pavani | Euro Pacific Capital Inc | 0.91 | 116.7% |
| Total Energy Services Inc | TSX | TOT | 18.66 | 581.7 | Downgrade to market perform from outperform | Kevin Lo | FirstEnergy Capital Corp | 22.00 | 17.9% |
RBC Capital Markets upgraded GLV Inc (TSX: GLV/A), engaged in manufacturing water treatment, pulp and paper production machinery, to outperform from sector perform with a price target of C$3.00, indicating an upside of 47.1% from current levels.
Regal Lifestyle Communities Inc (TSX: RLC), engaged in acquiring a portfolio consisting of income-producing retirement communities offering primarily independent serviced living and assisted living programs, was upgraded by Dundee Securities Corp to buy from neutral raising its price target to C$10.20 from C$9.40, indicating an upside potential of 16.6% from current levels.
Scotia Capital upgraded TORC Oil & Gas Ltd (TSX: TOG), engaged in the acquisition, development and production of oil and natural gas in the Western Canadian Sedimentary Basin, to sector outperform from sector perform with a price target of C$16.00, indicating an upside of 50.4% from current levels.
Euro Pacific Capital Inc initiated coverage on Santacruz Silver Mining Ltd (TSXV: SCZ), engaged in exploring and mining silver ores, with a buy rating assigning a 12-month price target of C$0.91, indicating an upside of 116.7% from current levels.
Total Energy Services Inc (TSX: TOT), engaged in providing rental equipment and gas compression services to the oil and gas industry, was downgraded by FirstEnergy Capital Corp to market perform from outperform by reducing its price target to C$22.00 from C$23.00, implying an upside potential of 17.9% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Rosetta Resources Inc | NASDAQ | ROSE | 36.44 | 2,240.7 | Upgrade to outperform from market perform | Dan McSpirit | BMO Capital Markets | 50.00 | 37.2% |
| Empire State Realty Trust Inc | NYSE | ESRT | 16.01 | 1,643.1 | Upgrade to buy from hold | John W Guinee | Stifel | 18.00 | 12.4% |
| CrossAmerica Partners LP | NYSE | CAPL | 36.25 | 832.4 | Upgrade to buy from neutral | Richard A Verdi | Ladenburg Thalmann & Co | 43.00 | 18.6% |
| Autohome Inc | NYSE | ATHM | 42.99 | 4,519.8 | Initiate with equalweight | Gregory Zhao | Barclays | 47.00 | 9.3% |
| China Lodging Group Ltd | NASDAQ | HTHT | 26.08 | 1,620.4 | Downgrade to hold from buy | Karen Tang | Deutsche Bank | 25.00 | -4.1% |
BMO Capital Markets upgraded Rosetta Resources Inc (NASDAQ: ROSE), engaged in the exploration and production of oil and gas, to outperform from market perform raising its price target to $50.00 from $47.00, indicating an upside of 37.2% from current levels.
Empire State Realty Trust Inc (NYSE: ESRT), engaged in the business of owning, managing, operating, acquiring and repositioning office and retail properties in Manhattan and the greater New York metropolitan area, was upgraded by Stifel to buy from hold with a price target of $18.00, indicating an upside potential of 12.4% from current levels.
Ladenburg Thalmann & Co upgraded CrossAmerica Partners LP (NYSE: CAPL), engaged in the wholesale business of motor fuels, to buy from neutral raising its price target to $43.00 from $40.00, indicating an upside of 18.6% from current levels.
Barclays initiated coverage on Autohome Inc (NYSE: ATHM), engaged in offering online services by delivering comprehensive, independent and interactive content to automobile buyers and owners, with an equal weight rating assigning a 12-month price target of $47.00, indicating an upside of 9.3% from current levels.
China Lodging Group Ltd (NASDAQ: HTHT), engaged in operating a hotel chain business in China, was downgraded by Deutsche Bank to hold from buy by reducing its price target to $25.00 from $29.00, implying a downside potential of 4.1% from current levels.
