| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Platinum Group Metals Ltd | TSX | PTM | 1.27 | 8 | Re-initiated with speculative outperform | Edward Sterck | BMO Capital Markets | 1.50 | 18.1% |
| Painted Pony Petroleum Ltd | TSX | PPY | 6.94 | 9 | Downgrade to underweight from hold | Doug Walters | EVA Dimensions | NA | NA |
BMO Capital Markets re-initiated coverage on Platinum Group Metals Ltd (TSX: PTM), a platinum-focused exploration and development company conducting work on mineral properties, with a speculative outperform rating assigning a 12-month price target of C$1.50, indicating an upside of 18.1% from current levels. Recently, PTM closed its previously announced public offering of shares worth C$175.2 million representing 148.5 million of common shares at a price of C$1.18 per share.
EVA Dimensions downgraded Painted Pony Petroleum Ltd (TSX: PPY), engaged in the exploration, development and production of petroleum and natural gas resources, to underweight from hold. The rating firm did not assign any price target to the stock.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Astoria Financial Corp | NYSE | AF | 13.83 | 15 | Upgrade to outperform from market perform | Brian Kleinhanzl | Keefe, Bruyette & Woods | 17.00 | 22.9% |
| SEACOR Holdings Inc | NYSE | CKH | 91.20 | 7 | Initiate with outperform | Trey Stolz | Iberia Capital Partners LLC | 101.00 | 10.7% |
| Ener-Core Inc | OTC BB | ENCR | 1.54 | 1 | Initiate with buy | Philip Shen | Roth Capital Partners | 2.50 | 62.3% |
| Xencor Inc | NASDAQ | XNCR | 9.14 | 3 | Initiate with outperform | Christopher N Marai | Wedbush | 18.00 | 96.9% |
| Aeroflex Holding Corp | NYSE | ARX | 6.50 | 6 | Downgrade to neutral/neutral from buy/attractive | James V Covello | Goldman Sachs | 7.00 | 7.7% |
Keefe, Bruyette & Woods upgraded Astoria Financial Corp (NYSE: AF), an unitary savings and loan association holding company of Astoria Federal Savings and Loan Association, to outperform from market perform increasing its price target to $17.00 from $13.00, indicating an upside of 22.9% from current levels.
Iberia Capital Partners LLC initiated coverage on SEACOR Holdings Inc (NYSE: CKH), a provider of equipment and services supporting the offshore oil and gas and marine transportation industries, with an outperform rating assigning a 12-month price target of $101.00, indicating an upside of 10.7% from current levels.
Coverage on Ener-Core Inc (OTC BB: ENCR), a designer and manufacturer of systems for producing continuous energy from a range of sources, including previously unusable ultra-low quality gas, was initiated at Roth Capital Partners with a buy rating assigning a 12-month price target of $2.50, indicating an upside of 62.3% from current levels.
Analyst Christopher Marai at Wedbush initiated coverage on Xencor Inc (NASDAQ: XNCR), a clinical-stage biopharmaceutical company, with an outperform rating assigning a 12-month price target of $18.00, indicating an upside of 96.9% from current levels.
Goldman Sachs downgraded Aeroflex Holding Corp (NYSE: ARX), a provider of radio frequency (RF) and microwave integrated circuits, components and systems, to neutral/neutral from buy/attractive lowering its price target to $7.00 from $9.00, indicating an upside of 7.7% from current levels.
