| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| ATS Automation Tooling Systems Inc | TSX | ATA | 14.82 | 8 | Upgrade to buy from market perform | Macmurray Whale | Cormark Securities Inc. | 17.50 | 18.1% |
| Quebecor Inc | TSX | QBR/B | 26.25 | 17 | Upgrade to buy from hold | Kevin Chu | Accountability Research Corp | 31.00 | 18.1% |
| Falcon Oil & Gas Ltd | TSXV | FO | 0.15 | 3 | Initiate with speculative buy | Ritesh Gaggar | GMP | 0.50 | 233.3% |
| Seabridge Gold Inc | TSX | SEA | 8.39 | 2 | Initiate with speculative buy | Tony Lesiak | Canaccord Genuity Corp | 13.50 | 60.9% |
| Sulliden Gold Corp Ltd | TSX | SUE | 1.12 | 9 | Downgrade to market perform from outperform | Raymond James | Raymond James | 1.20 | 7.1% |
Cormark Securities Inc. upgraded ATS Automation Tooling Systems Inc (TSX: ATA), engaged in providing custom designed, built and installed manufacturing solutions, to buy from market perform increasing its price target to C$17.50 from C$15.00, indicating an upside of 18.1% from current levels.
Quebecor Inc (TSX: QBR/B), holding company for Quebecor Media operating in the fields of publishing, distribution, multimedia, and broadcasting, was upgraded to buy from hold at Accountability Research Corp raising its price target to C$31.00 from C$25.50, indicating an upside of 18.1% from current levels.
GMP initiated coverage on Falcon Oil & Gas Ltd (TSXV: FO), an energy company engaged in the business of acquiring, exploring and developing petroleum and natural gas properties, with a speculative buy assigning a 12-month price target of C$0.50, indicating an upside of 233.3% from current levels.
Coverage on Seabridge Gold Inc (TSX: SEA), a development-stage company engaged in the acquisition and exploration of gold properties, was initiated with a speculative buy at Canaccord Genuity Corp with a price target of C$13.50, indicating an upside of 60.9% from current levels.
Raymond James downgraded Sulliden Gold Corp Ltd (TSX: SUE), a Canada based gold exploration and development company, to market perform from outperform lowering its price target to C$1.20 from C$1.80, indicating an upside of 7.1% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| RTI International Metals Inc | NYSE | RTI | 24.31 | 11 | Upgrade to overweight from neutral | Michael F Gambardella | JPMorgan | 34.00 | 39.9% |
| Bonanza Creek Energy Inc | NYSE | BCEI | 52.12 | 24 | Upgrade to buy from hold | John Herrlin | Societe Generale | 61.00 | 17.0% |
| Worthington Industries Inc | NYSE | WOR | 39.74 | 9 | Upgrade to outperform from neutral | Nathan Littlewood | Credit Suisse | 46.00 | 15.8% |
| Matador Resources Co | NYSE | MTDR | 26.17 | 13 | Initiate with buy | Anas Bennisse | Sidoti & Company LLC | 32.00 | 22.3% |
| Quanex Building Products Corp | NYSE | NX | 18.12 | 10 | Downgrade to neutral from outperform | Al Kaschalk | Wedbush | 21.00 | 15.9% |
JPMorgan upgraded RTI International Metals Inc (NYSE: RTI), a producer and global supplier of advanced titanium mill products and a manufacturer of fabricated titanium and specialty metal components, to overweight from neutral increasing its price target to $34.00 from $32.00, indicating an upside of 39.9% from current levels.
Bonanza Creek Energy Inc (NYSE: BCEI), an oil and natural gas company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas, was upgraded to buy from hold at Societe Generale raising its price target to $61.00 from $52.00, indicating an upside of 17% from current levels.
Credit Suisse upgraded Worthington Industries Inc (NYSE: WOR), a diversified metals processing company, focused on steel processing and manufactured metal products, to outperform from neutral increasing its price target to $46.00 from $43.00, indicating an upside of 15.8% from current levels.
Sidoti & Company LLC initiated coverage on Matador Resources Co (NYSE: MTDR), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with a buy rating assigning a 12-month price target of $32.00, indicating an upside of 22.3% from current levels.
Wedbush downgraded Quanex Building Products Corp (NYSE: NX), engaged in the home building products markets and operating two business segments: Engineered Products and Aluminum Sheet Products, to neutral from outperform with a price target of $21.00, indicating an upside of 15.9% from current levels.
