| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Artek Exploration Ltd | TSX | RTK | 3.63 | 10 | Upgrade to outperform from market perform | Robert J Fitzmartyn | FirstEnergy Capital Corp | 4.50 | 24.0% |
| Bonterra Energy Corp | TSX | BNE | 51.25 | 13 | Upgrade to buy from hold | Ken F Lin | Paradigm Capital Inc | 60.00 | 17.1% |
| HudBay Minerals Inc | TSX | HBM | 9.01 | 15 | Upgrade to buy from neutral | David Charles | Dundee Securities Corp | 10.00 | 11.0% |
| Yoho Resources Inc | TSXV | YO | 3.19 | 6 | Initiate with buy | Mark Heim | Jennings Capital | 5.00 | 56.7% |
| Lumina Copper Corp | TSXV | LCC | 5.75 | 4 | Downgrade to hold from speculative buy | Christopher Chang | Laurentian Bank Securities | 7.25 | 26.1% |
FirstEnergy Capital Corp upgraded Artek Exploration Ltd (TSX: RTK), a junior oil and gas company, to outperform from market perform with a price target of C$4.50, indicating an upside of 24% from current levels.
Bonterra Energy Corp (TSX: BNE), an oil and gas company, was upgraded to buy from hold at Paradigm Capital Inc with a price target of C$60.00, indicating an upside of 17.1% from current levels.
Dundee Securities Corp upgraded HudBay Minerals Inc (TSX: HBM), an integrated mining company engaged in producing copper concentrate and zinc metal and focused on the discovery, production and marketing of base and precious metals, to buy from neutral increasing its price target to C$10.00 from the earlier target of C$8.50, indicating an upside of 11% from current levels.
Jennings Capital initiated coverage on Yoho Resources Inc (TSXV: YO), engaged in petroleum and natural gas exploration and development activities, with a buy rating assigning a 12-month price target of C$5.00, indicating an upside of 56.7% from the current levels.
Laurentian Bank Securities downgraded Lumina Copper Corp (TSXV: LCC), a Canada-based development-stage company engaged in resource exploration with a focus on the exploration, development and advancement of copper exploration projects, to hold from speculative buy lowering its price target to C$7.25 from C$12.50, indicating an upside of 26.1% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Centerstate Banks Inc | NASDAQ | CSFL | 11.25 | 7 | Upgrade to outperform from market perform | Michael Rose | Raymond James | 12.00 | 6.7% |
| United States Steel Corp | NYSE | X | 26.23 | 23 | Upgrade to outperform from neutral | Aldo J Mazzaferro Jr | Macquarie | 30.00 | 14.4% |
| Domtar Corp | NYSE | UFS | 96.32 | 14 | Upgrade to buy from hold | Mark Wilde | Deutsche Bank | 115.00 | 19.4% |
| Kosmos Energy Ltd | NYSE | KOS | 10.50 | 19 | Initiate with buy/attractive | Joseph B Stewart | Goldman Sachs | 13.00 | 23.8% |
| NeuStar Inc | NYSE | NSR | 35.11 | 11 | Downgrade to neutral from outperform | William V Power | Robert W. Baird & Co | 36.00 | 2.5% |
Raymond James upgraded Centerstate Banks Inc (NASDAQ: CSFL), a bank holding company, to outperform from market perform with a price target of $12.00, indicating an upside of 6.7% from current levels. Recently, CSFL announced that it has entered into an agreement to purchase First Southern Bank in a deal valued at $189.5 million. If the deal is approved, CSFL will have about $4 billion in assets, $2.5 billion in loans and $3.4 billion in deposits.
United States Steel Corp (NYSE: X), an integrated steel producer of flat-rolled and tubular products, was upgraded to outperform from neutral at Macquarie increasing its price target to $30.00 from the earlier target of $24.00, indicating an upside of 14.4% from current levels.
Deutsche Bank upgraded Domtar Corp (NYSE: UFS), engaged in designing, manufacturing, marketing and distributing a range of fiber-based products, to buy from hold increasing its price target to $115.00 from $95.00, indicating an upside of 19.4% from current levels.
Goldman Sachs initiated coverage on Kosmos Energy Ltd (NYSE: KOS), an oil exploration and production company, with a buy/attractive rating assigning a 12-month price target of $13.00, indicating an upside of 23.8% from current levels.
Robert W. Baird & Co downgraded NeuStar Inc (NYSE: NSR), a provider of real-time information and analysis, to neutral from outperform lowering its price target to $36.00 from $58.00, indicating an upside of 2.5% from current levels.
