| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Sulliden Gold Corp Ltd | TSX | SUE | 1.01 | 317.7 | Upgrade to buy from neutral | Humberto Leon | Kallpa Securities SAB | 1.17 | 15.8% |
| Chartwell Retirement Residences | TSX | CSH-U | 11.02 | 1,919.3 | Upgrade to buy from hold | Jimmy Khing Shan | GMP | 12.00 | 8.9% |
| Enerflex Ltd | TSX | EFX | 18.99 | 1,488.9 | Upgrade to buy from hold | Scott Treadwell | TD Securities | 22.00 | 15.9% |
| TransForce Inc | TSX | TFI | 24.47 | 2,414.7 | Upgrade to buy from hold | Ben Vendittelli | Laurentian Bank Securities | 26.00 | 6.3% |
| Brazil Resources Inc | TSXV | BRI | 0.91 | 66.0 | Initiate with speculative buy | Ash Guglani | Salman Partners | 2.00 | 119.8% |
Kallpa Securities SAB upgraded Sulliden Gold Corp Ltd (TSX: SUE), a Canadian-based gold exploration and development company, to buy from neutral increasing its price target to C$1.17 from C$1.14, indicating an upside of 15.8% from current levels. Recently, Rio Alto Mining Ltd proposed to buy SUE in a deal value of about C$300 million or at C$1.12 per share.
Chartwell Retirement Residences (TSX: CSH-U), an open-ended real estate investment trust, was upgraded to buy from hold at GMP increasing its price target to C$12.00 from C$10.75, indicating an upside of 8.9% from current levels.
TD Securities upgraded Enerflex Ltd (TSX: EFX), a Canada-based company which is a supplier for natural gas compression, oil and gas processing, refrigeration systems and power generation equipment plus in-house engineering and mechanical services, to buy from hold increasing its price target to C$22.00 from C$19.00, indicating an upside of 15.9% from current levels.
TransForce Inc (TSX: TFI), engaged in transportation and logistics services, was upgraded to buy from hold at Laurentian Bank Securities raising its price target to C$26.00 from C$24.5, indicating an upside of 6.3% from current levels.
Salman Partners initiated coverage on Brazil Resources Inc (TSXV: BRI), engaged in the acquisition, exploration and development of mineral properties, with a speculative buy assigning a 12-month price target of C$2.00, indicating an upside of 119.8% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Approach Resources Inc | NASDAQ | AREX | 19.78 | 778.8 | Upgrade to accumulate from neutral | Michael Kelly | Global Hunter Securities | 25.00 | 26.4% |
| WisdomTree Investments Inc | NASDAQ | WETF | 11.43 | 1,523.2 | Upgrade to positive from neutral | Douglas C Sipkin | Susquehanna Financial Group | 13.00 | 13.7% |
| Emerge Energy Services LP | NYSE | EMES | 105.06 | 2,482.4 | Initiate with buy | Abhishek Sinha | Wunderlich Securities | 120.00 | 14.2% |
| LGI Homes Inc | NASDAQ | LGIH | 15.94 | 331.0 | Initiate with buy | Brendan Lynch | Sidoti & Company LLC | 23.00 | 44.3% |
| Quiksilver Inc | NYSE | ZQK | 3.41 | 581.1 | Downgrade to neutral/neutral from buy/neutral | Taposh Bari | Goldman Sachs | 3.70 | 8.5% |
Global Hunter Securities upgraded Approach Resources Inc (NASDAQ: AREX), an independent energy company engaged in the exploration, development, production and acquisition of oil and gas properties, to accumulate from neutral increasing its price target to $25.00 from $20.00, indicating an upside of 26.4% from current levels.
WisdomTree Investments Inc (NASDAQ: WTF), an asset management company focused on exchange-traded funds (ETFs), was upgraded to positive from neutral at Susquehanna Financial Group raising its price target to $13.00 from $11.00, indicating an upside of 13.7% from current levels.
Wunderlich Securities initiated coverage on Emerge Energy Services LP (NYSE: EMES), an owner, operator, acquirer and developer of a diversified portfolio of energy service assets, with a buy rating assigning a 12-month price target of $120.00, indicating an upside of 14.2% from current levels. The rating firm believes that EMES is favorably placed with a unique mix of strengths of high quality asset base and unparalleled logistics outreach.
Coverage on LGI Homes Inc (NASDAQ: LGIH), a homebuilding company engaged in the design and construction of entry-level homes, was initiated at Sidoti & Company LLC with a buy rating assigning a 12-month price target of $23.00, indicating an upside of 44.3% from current levels. Recently, LGHI reported a record for home closings during May 2014 with 228 homes closed, up 59.4% over the homes closed during the same month last year.
Goldman Sachs downgraded Quiksilver Inc (NYSE: ZQK), a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, to neutral/neutral from buy/neutral cutting down its price to $3.70 from $9.50, indicating an upside of 8.5% from current levels.
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