YY Inc.
(NASDAQ: YY) and Marquee Energy Ltd. (TSXV: MQL) are among a number of stocks
that received either an analyst upgrade or downgrade recently, including one
with upside potential of more than 62%.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Marquee Energy Ltd | TSXV | MQL | 0.80 | 96.3 | Upgrade to buy from hold | Aaron Swanson | GMP | 1.30 | 62.5% |
| SEMAFO Inc | TSX | SMF | 4.22 | 1,170.8 | Upgrade to buy from hold | Stuart McDougall | Jennings Capital | 5.75 | 36.3% |
| Plaza Retail REIT | TSX | PLZ-U | 3.84 | 353.7 | Initiate with hold | Michael Markidis | Desjardins Securities | 4.25 | 10.7% |
| Powder Mountain Energy Ltd | TSXV | PDM | 0.58 | 27.9 | Initiate with speculative buy | Garett Ursu | Cormark Securities Inc. | 2.00 | 244.8% |
| Goldrock Mines Corp | TSXV | GRM | 0.32 | 25.3 | Downgrade to hold from buy | Michael Curran | Beacon Securities Ltd | 0.50 | 56.3% |
GMP upgraded Marquee Energy Ltd (TSXV: MQL), engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves in Western Canada, to buy from hold with a price target of C$1.30, indicating an upside of 62.5% from current levels.
SEMAFO Inc (TSX: SMF), engaged in gold production and exploration activities in West Africa, was upgraded by Jennings Capital to buy from hold with a price target of C$5.75, indicating an upside potential of 36.3% from current levels.
Desjardins Securities initiated coverage on Plaza Retail REIT (TSX: PLZ-U), engaged in owning and developing retail properties, with a hold rating assigning a 12-month price target of C$4.25, indicating an upside potential of 10.7% from current levels.
Coverage on Powder Mountain Energy Ltd (TSXV: PDM), engaged in the exploration and development of oil and natural gas in North America and Colombia, was initiated with a speculative buy rating at Cormark Securities Inc., assigning a 12-month price target of C$2.00, indicating an upside potential of 244.8% from current levels.
Beacon Securities Ltd downgraded Goldrock Mines Corp (TSXV: GRM), engaged in the exploration and development of minerals, to hold from buy by reducing its price target to C$0.50 from C$1.50, indicating an upside of 56.3% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| JetBlue Airways Corp | NASDAQ | JBLU | 10.30 | 3,004.7 | Upgrade to market outperform from market perform | Fred T Lowrance | Avondale Partners LLC | 13.00 | 26.3% |
| United Natural Foods Inc | NASDAQ | UNFI | 64.58 | 3,214.5 | Upgrade to overweight from neutral | Sean Naughton | Piper Jaffray | 74.00 | 14.6% |
| Sabra Health Care REIT Inc | NASDAQ | SBRA | 25.38 | 1,351.8 | Upgrade to overweight from equalweight | Joshua R Raskin | Barclays | 29.00 | 14.3% |
| YY Inc | NASDAQ | YY | 72.40 | 4,046.8 | Initiate with overweight | Alicia Yap | Barclays | 105.00 | 45.0% |
| Urban Outfitters Inc | NASDAQ | URBN | 34.69 | 4,660.1 | Downgrade to neutral from outperform | Laurent Vasilescu | Macquarie | 39.00 | 12.4% |
Avondale Partners LLC upgraded JetBlue Airways Corp (NASDAQ: JBLU), engaged in providing nonstop passenger flight service through its Airbus A320 aircraft, to market outperform from market perform with a price target of $13.00, indicating an upside of 26.3% from current levels.
United Natural Foods Inc (NASDAQ: UNFI), engaged in distributing natural, organic and specialty foods and non-food products in the U.S. and Canada, was upgraded by Piper Jaffray to overweight from neutral raising its price target to $74.00 from $70.00, indicating an upside potential of 14.6% from current levels.
Barclays upgraded Sabra Health Care REIT Inc (NASDAQ: SBRA), engaged in owning nursing homes, rehabilitation centers, assisted living facilities, and independent living centers, to overweight from equal weight with a price target of $29.00, indicating an upside of 14.3% from current levels.
Barclays initiated coverage on YY Inc (NASDAQ: YY), a provider of communication social platform that engages users in real-time online group activities through voice, text and video, with an overweight rating assigning a 12-month price target of $105.00, indicating an upside potential of 45.0% from current levels.
Urban Outfitters Inc (NASDAQ: URBN), engaged in selling fashion apparel, accessories, household and gift merchandise, was downgraded by Macquarie to neutral from outperform by reducing its price target to $39.00 from $43.00, implying an upside potential of 12.4% from current levels.
