| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| IBI Group Inc | TSX | IBG | 1.76 | 30.9 | Upgrade to speculative buy from hold | Yuri Lynk | Canaccord Genuity Corp | 2.75 | 56.3% |
| Mainstreet Equity Corp | TSX | MEQ | 40.47 | 423.7 | Upgrade to buy from hold | Jenny Ma | Canaccord Genuity Corp | 44.00 | 8.7% |
| Primary Energy Recycling Corp | TSX | PRI | 5.45 | 243.6 | Initiate with buy | Bill Cabel | Desjardins Securities | 6.25 | 14.7% |
| Dundee Precious Metals Inc | TSX | DPM | 5.13 | 715.8 | Initiate with outperform | Adam Low | Raymond James | 7.50 | 46.2% |
| Cathedral Energy Services Ltd | TSX | CET | 4.60 | 166.8 | Downgrade to sector perform from outperform | Dana Benner | Alta Corp Capital Inc. | 5.00 | 8.7% |
Canaccord Genuity Corp upgraded IBI Group Inc (TSX: IBG), an international, multi-disciplinary provider of a range of professional services focused on the physical development of cities, to speculative buy from hold increasing its price target to C$2.75 from C$1.50, indicating an upside of 56.3% from current levels.
Meanwhile, Canaccord upgraded Mainstreet Equity Corp (TSX: MEQ), a Canada-based real estate company focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings, to buy from hold raising its price target to $44.00 from the earlier target of C$39.25, indicating an upside of 8.7% from current levels.
Desjardins Securities initiated coverage on Primary Energy Recycling Corp (TSX: PRI), an utility company that converts waste energy to electrical and thermal energy, with a buy rating assigning a 12-month price target of C$6.25, indicating an upside of 14.7% from current levels.
Coverage on Dundee Precious Metals Inc (TSX: DPM), an international gold mining company engaged in the acquisition, exploration, development, mining and processing of precious metals, was initiated with an outperform rating at Raymond James with a price target of C$7.50, indicating an upside of 46.2% from current levels.
Alta Corp Capital Inc. downgraded Cathedral Energy Services Ltd (TSX: CET), engaged in the business of providing selected oilfield services to oil and natural gas companies, to sector perform from outperform with a price target of C$5.00, indicating an upside of 8.7% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Olin Corp | NYSE | OLN | 26.47 | 2,091.4 | Upgrade to neutral from underperform | Cooley May | Macquarie | 27.00 | 2.0% |
| Sandy Spring Bancorp Inc | NASDAQ | SASR | 24.08 | 603.4 | Upgrade to outperform from neutral | Bryce W Rowe | Robert W. Baird & Co | 27.00 | 12.1% |
| Central Valley Community Bancorp | NASDAQ | CVCY | 12.19 | 133.2 | Upgrade to outperform from market perform | Donald A Worthington | Raymond James | 14.00 | 14.8% |
| PEDEVCO Corp | NYSE | PED | 1.91 | 50.7 | Initiate with buy | Joseph Reagor | Roth Capital Partners | 3.00 | 57.1% |
| Advanced Micro Devices Inc | NYSE | AMD | 3.83 | 2,918.6 | Downgrade to market perform from outperform | Christopher Rolland | FBR Capital Markets | 4.50 | 17.5% |
Macquarie upgraded Olin Corp (NYSE: OLIN), manufactures chemicals and ammunition products, to neutral from underperform with a price target of $27.00, indicating an upside of 2% from current levels.
Sandy Spring Bancorp Inc (NASDAQ: SASR), a holding company for Sandy Spring Bank providing a full-service commercial banking business, was upgraded to outperform from neutral at Robert W. Baird & Co with a price target of $27.00, indicating an upside of 12.1% from current levels.
Raymond James upgraded Central Valley Community Bancorp (NASDAQ: CVCY), a bank holding company that operates through its wholly owned subsidiary, Central Valley Community Bank, to outperform from market perform with a 12-month price target of $14.00, indicating an upside of 14.8% from current levels.
Roth Capital Partners initiated coverage on PEDEVCO Corp (NYSE: PED), an energy company engaged primarily in the acquisition, exploration, development and production of oil and natural gas shale plays, with a buy rating assigning a 12-month price target of $3.00, indicating an upside of 57.1% from current levels.
FBR Capital Markets downgraded Advanced Micro Devices Inc (NYSE: AMD), a global semiconductor company with facilities around the world, to market perform from outperform lowering its price target to $4.50 from the earlier target of $6.00, indicating an upside of 17.5% from current levels.
