| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| US Silver & Gold Inc | TSX | USA | 0.59 | 45.9 | Upgrade to buy from market perform | Graeme Jennings | Cormark Securities Inc. | 1.00 | 69.5% |
| Precision Drilling Corp | TSX | PD | 15.05 | 4,403.1 | Upgrade to buy from hold | Michael W Urban | Deutsche Bank | 16.00 | 6.3% |
| Mason Graphite Inc | TSXV | LLG | 0.64 | 54.9 | Initiate with outperform | Rupert M Merer | National Bank Financial | 1.20 | 87.5% |
| Aecon Group Inc | TSX | ARE | 16.37 | 924.1 | Initiate with outperform | Leon Aghazarian | National Bank Financial | 21.00 | 28.3% |
| Imax Corp | TSX | IMX | 26.83 | 1,833.0 | Downgrade to neutral from overweight | James M Marsh Jr | Piper Jaffray | 30.08 | 12.1% |
Cormark Securities Inc. upgraded US Silver & Gold Inc (TSX: USA), a silver and gold producing company, to buy from market perform increasing its price target to C$1.00 from C$0.70, indicating an upside of 69.5% from current levels.
Precision Drilling Corp (TSX: PD), a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies, was upgraded to buy from hold at Deutsche Bank with a price target of C$16.00, indicating an upside of 6.3% from current levels.
National Bank Financial initiated coverage on Mason Graphite Inc (TSXV: LLG), a graphite mining company and Aecon Group Inc (TSX: ARE), a provider of construction, contracting and infrastructure development services, with an outperform rating. The rating firm assigned a 12-month price target of C$1.20 to LLG and C$21.00 to ARE, indicating an upside potential of 87.5% and 28.3% for both the stocks respectively.
Piper Jaffray downgraded Imax Corp (TSX: IMX), an entertainment technology companies, specializing in motion picture technologies and presentations, to neutral from overweight lowering its price target to C$30.08 from the earlier target of C$38.60, indicating an upside of 12.1% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| SJW Corp | NYSE | SJW | 27.93 | 564.3 | Upgrade to outperform from neutral | David E Parker | Robert W. Baird & Co | 33.00 | 18.2% |
| ORBCOMM Inc | NASDAQ | ORBC | 6.63 | 365.9 | Initiate with neutral | Rajesh Ghai | Macquarie | 7.50 | 13.1% |
| Gastar Exploration Inc | NYSE | GST | 8.06 | 498.3 | Initiate with buy | Karl Chalabala | Canaccord Genuity Corp | 12.00 | 48.9% |
| FleetMatics Group PLC | NYSE | FLTX | 31.36 | 1,177.0 | Initiate with overweight | Alexander E Potter | Piper Jaffray | 39.00 | 24.4% |
| Iteris Inc | NYSE | ITI | 1.60 | 52.4 | Downgrade to neutral from buy | Steve McManus | Sidoti & Company LLC | 1.00 | -37.5% |
Robert W. Baird & Co upgraded SJW Corp (NYSE: SHW), a public utility company engaged in the business of providing water services, to outperform from neutral with a price target of $33.00, indicating an upside of 18.2% from current levels.
Coverage on ORBCOMM Inc (NASDAQ: ORBC), an operator of global commercial wireless messaging system optimized for narrowband communications, was initiated with a neutral rating at Macquarie assigning a 12-month price target of $7.50, indicating an upside of 13.1% from current levels.
Canaccord Genuity Corp initiated coverage on Gastar Exploration Inc (NYSE: GST), an independent energy company engaged in the exploration, development and production of oil, natural gas, condensate, and natural gas liquids, with a buy rating assigning a 12-month price target of $12.00, indicating an upside of 48.9% from current levels.
Analyst Alexander E Potter at Piper Jaffray initiated coverage on FleetMatics Group PLC (NYSE: FLTX), a provider of fleet management solutions delivered as software-as-a-service (SaaS), with an overweight rating assigning a 12-month price target of $39.00, indicating an upside of 24.4% from current levels.
Sidoti & Company LLC downgraded Iteris Inc (NYSE: ITI), a provider of intelligent information solutions to the traffic management market, to neutral from buy with a price target of $1.00, indicating a downside of 37.5% from current levels.
