| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Alamos Gold Inc | TSX | AGI | 10.16 | 18 | Upgrade to buy from hold | Ryan Hanley | Mackie Research Capital Corp. | 12.00 | 18.1% |
| Strategic Oil & Gas Ltd | TSXV | SOG | 0.50 | 8 | Upgrade to buy from neutral | Chad Ellison | Dundee Securities Corp | 0.65 | 30.0% |
| Oryx Petroleum Corp Ltd | TSX | OXC | 14.64 | 12 | Initiate with speculative buy | Garett Ursu | Cormark Securities Inc. | 22.00 | 50.3% |
| Northern Frontier Corp | TSXV | FFF | 3.88 | 4 | Initiate with buy | Sarah Hughes | Cormark Securities Inc. | 5.00 | 28.9% |
| Surge Energy Inc | TSX | SGY | 6.02 | 13 | Downgrade to market perform from outperform | Cody R Kwong | FirstEnergy Capital Corp | 6.75 | 12.1% |
Mackie Research Capital Corp. upgraded Alamos Gold Inc (TSX: AGI), engaged in the acquisition, exploration, development and extraction of precious metals, to buy from hold with a price target of C$12.00, indicating an upside of 18.1% from current levels. Recently, AGI declared a semiannual dividend of C$0.10 per share payable on April 30th 2014 to the shareholders as of record on Tuesday, April 15th 2014.
Strategic Oil & Gas Ltd (TSXV: SOG), engaged in the exploration and development of petroleum and natural gas reserves, was upgraded to buy from neutral at Dundee Securities Corp with a price target of C$0.65, indicating an upside of 30% from current levels. Recently, SOG reported that it has successfully completed the last of its planned major infrastructure projects with the connection of its 115 km long Bistcho pipeline. Oil started to flow into the pipeline on March 29, 2014.
Cormark Securities Inc. initiated coverage on Oryx Petroleum Corp Ltd (TSX: OXC), an international oil exploration company, with a speculative buy assigning a 12-month price target of C$22.00, indicating an upside of 50.3% from current levels.
The rating firm also started coverage on Northern Frontier Corp (TSXV: FFF), a capital pool company focused on creating a large resource maintenance and essential services business through a buy and build growth strategy, with a buy rating with a 12-month price target of C$5.00, indicating an upside of 28.9% from current levels.
FirstEnergy Capital Corp downgraded Surge Energy Inc (TSX: SGY), an oil focused exploration and production (E&P) company, to market perform from outperform lowering its price target to C$6.75 from C$7.25, indicating an upside of 12.1% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Balchem Corp | NASDAQ | BCPC | 63.98 | 3 | Upgrade to buy from neutral | Daniel D Rizzo | Sidoti & Company LLC | 67.00 | 4.7% |
| Informatica Corp | NASDAQ | INFA | 39.79 | 27 | Upgrade to overweight from equalweight | Raimo Lenschow | Barclays | 45.00 | 13.1% |
| Laboratory Corp of America Holdings | NYSE | LH | 102.27 | 27 | Upgrade to buy from neutral | A J Rice | UBS | 112.00 | 9.5% |
| American Eagle Energy Corp | NYSE | AMZG | 7.47 | 7 | Initiate with buy | Irene O Haas | Wunderlich Securities | 14.00 | 87.4% |
| Oasis Petroleum Inc | NYSE | OAS | 42.01 | 31 | downgrade to hold from buy | Stephen Richardson | Deutsche Bank | 46.00 | 9.5% |
Sidoti & Company LLC upgraded Balchem Corp (NASDAQ: BCPC), engaged in the development, manufacture and marketing of specialty performance ingredients and products, to buy from neutral raising its price target to $67.00 from $56.00, indicating an upside of 4.7% from current levels. Recently, BCPC entered into a definitive agreement to acquire all the outstanding shares of SensoryEffects, a privately held supplier of customized food and beverage ingredient systems, headquartered in St. Louis, Missouri for $567 million. The deal is expected to close within the next forty days.
Informatica Corp (NASDAQ: INFA), an independent provider of enterprise data integration and data quality software and services, was upgraded to overweight from equal-weight at Barclays increasing its price target to $45.00 from $44.00, indicating an upside of 13.1% from current levels.
UBS upgraded Laboratory Corp of America Holdings (NYSE: LH), a clinical laboratory company offering a range of testing services used by the medical profession in routine testing, patient diagnosis and in the monitoring and treatment of disease, to buy from neutral raising its price target to $112.00 from $93.00, indicating an upside of 9.5% from current levels. During the last trading session, the stock gained 4.13% and closed at $102.27.
Wunderlich Securities initiated coverage on American Eagle Energy Corp (NYSE: AMZG), engaged in the exploration of petroleum and natural gas, with a buy rating assigning a 12-month price target of $14.00, indicating an upside of 87.4% from current levels. The rating firm believes that reduced costs and increased efficiency will result in higher reserves per well, better returns and shorter payback periods. Currently, AMZG trades below peer average and rating firm foresees a steady multiple expansion in the stock as AMZG continues to grow production and deliver strong returns.
Deutsche Bank downgraded Oasis Petroleum Inc (NYSE: OAS), an exploration and production company engaged in the acquisition and development of unconventional oil and natural gas resources, to hold from buy with a price target of $46.00, indicating an upside of 9.5% from current levels.
