| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Major Drilling Group International Inc | TSX | MDI | 7.98 | 631.7 | Upgrade to buy from hold | Ben Jekic | Industrial Alliance Securities | 9.00 | 12.8% |
| HudBay Minerals Inc | TSX | HBM | 10.91 | 2,105.9 | Upgrade to sector outperform from sector perform | Orest Wowkodaw | Scotia Capital | 13.00 | 19.2% |
| Toromont Industries Ltd | TSX | TIH | 26.39 | 2,033.7 | Upgrade to outperform from market perform | Ben Cherniavsky | Raymond James | 29.00 | 9.9% |
| RDM Corp | TSX | RC | 2.55 | 55.0 | Initiate with buy | Manish Grigo | M Partners Inc | 4.25 | 66.7% |
| Strategic Oil & Gas Ltd | TSXV | SOG | 0.44 | 158.7 | Downgrade to hold from buy | Ken F Lin | Paradigm Capital Inc | 0.50 | 13.6% |
Industrial Alliance Securities upgraded Major Drilling Group International Inc (TSX: MDI), a drilling service company primarily serving the mining industry, to buy from hold increasing its price target to C$9.00 from C$8.50, indicating an upside of 12.8% from current levels.
HudBay Minerals Inc (TSX: HBM), an integrated mining company engaged in producing copper concentrate and zinc metal and focuses on the discovery, production and marketing of base and precious metals, was upgraded to sector outperform from sector perform at Scotia Capital increasing its price target to $13.00 from $9.00, indicating an upside of 19.2% from current levels.
Raymond James upgraded Toromont Industries Ltd (TSX: TIH), engaged in selling Caterpillar construction equipment and power systems in the provinces of Ontario, Manitoba, Newfoundland, Labrador and Nunavut, Canada, to outperform from market perform raising its price target to C$29.00 from C$26.00, indicating an upside of 9.9% from current levels.
M Partners Inc initiated coverage on RDM Corp (TSX: RC), a provider of solutions for the electronic commerce and payment processing markets, with a buy rating assigning a 12-month price target of C$4.25, indicating an upside of 66.7% from current levels.
Paradigm Capital Inc downgraded Strategic Oil & Gas Ltd (TSXV: SOG), engaged in the exploration for and development of petroleum and natural gas reserves, to hold from buy lowering its price target to C$0.50 from C$0.60, indicating an upside of 13.6% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Sanmina Corp | NASDAQ | SANM | 22.35 | 1,839.8 | Upgrade to hold from sell | Sherri Scribner | Deutsche Bank | 24.00 | 7.4% |
| Qlik Technologies Inc | NASDAQ | QLIK | 21.80 | 1,954.1 | Upgrade to overweight from equalweight | Raimo Lenschow | Barclays | 31.00 | 42.2% |
| Trex Co Inc | NYSE | TREX | 27.07 | 909.4 | Upgrade to buy from hold | John A Baugh | Stifel | 37.00 | 36.7% |
| Minerals Technologies Inc | NYSE | MTX | 61.83 | 2,132.1 | Initiate with outperform | Al Kaschalk | Wedbush | 72.00 | 16.4% |
| Key Energy Services Inc | NYSE | KEG | 6.92 | 1,061.5 | Downgrade to in-line from outperform | Scott Levine | Imperial Capital LLC | 7.50 | 8.4% |
Deutsche Bank upgraded Sanmina Corp (NASDAQ: SANM), a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services, to hold from sell increasing its price target to $24.00 from $15.00, indicating an upside of 7.4% from current levels.
Qlik Technologies Inc (NASDAQ: QLIK), a provider of user-driven business intelligence (BI) solution that enables its customers, was upgraded to overweight from equal-weight at Barclays with a price target of $31.00, indicating an upside of 42.2% from current levels.
Stifel upgraded Trex Co Inc (NYSE: TREX), a manufacturer and distributor of wood/plastic composite products, as well as related accessories, primarily for residential and commercial decking and railing applications, to buy from hold with a price target of $37.00, indicating an upside of 36.7% from current levels.
Wedbush initiated coverage on Minerals Technologies Inc (NYSE: MTX), a resource and technology-based company that develops, produces and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and supporting systems and services, with an outperform rating assigning a 12-month price target of $72.00, indicating an upside of 16.4% from current levels.
Imperial Capital LLC downgraded Key Energy Services Inc (NYSE: KEG), an onshore, rig-based well servicing contractor, to in-line rating from outperform lowering its price target to $7.50 from $10.50, indicating an upside of 8.4% from current levels.
