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rinchengyatsoon Jan 12, 2016 12:55am
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RE:RE:RE:THE WEEK AHEAD PROMISES TO BE
RE:RE:RE:THE WEEK AHEAD PROMISES TO BE Loyalist Group (LOY-TSX Venture). September 9, 2014
Close: 57¢, up 3¢
Canaccord Genuity analyst Aravinda Galappatthige initiated coverage on Loyalist Group Ltd., an educational company that specializes in English language studies for foreign students, with a "buy" rating. "The market size alone is estimated at $788-million in Canada, comprising mostly small single proprietor operations," he said. Loyalist is moving quickly to acquire many of these independent operations.
Target: He set an 85 cents price target. The consensus is 82 cents.