GREY:ATIVF - Post by User
Comment by
rickfactoron Nov 26, 2007 12:14pm
297 Views
Post# 13867221
RE: New analyst coverage
RE: New analyst coveragehttps://www.newratings.com/analyst_news/article_1657120.html
Active Control Technology initiated with "buy"
Monday, November 26, 2007 9:20:43 AM ET
Research Capital
NEW YORK, November 26 (newratings.com) - Analysts at Research Capital initiate coverage of Active Control Technology Inc (ticker: ACT) with a "buy" rating. The target price is set to C$1.60.
In a research note published this morning, the analysts mention that the company is poised to benefit going forward from regulations that require mining companies to install hardware that can keep track of employees working in underground mines. Active Control Technology has received its first order for wireless mesh solutions, the successful installation of which will boost the adoption of the solution, the analysts say.