RE:Mackie Research Coverageyou can bet that Mackie will be coming up with a new report at some point, but imho, it can't be released too close to the financing date (the one that just happened) just for appearances... I figure they will want to wait a least a month, but probably more like 2-3-4 months???.... hard to say exactly...
and
their target price will definitely be HIGHER than the $3.60 financing price...
analyst8 wrote: Back in December 2014 Mackie covered Pyrogenesis with a target price of $0.70 .. next coverage will have an extra zero at the end of that target price.
Mackie Research Capital Corp. initiated coverage on PyroGenesis Canada Inc (TSXV: PYR), engaged in designing, developing and manufacturing plasma waste-to-energy systems and plasma torch products, with a speculative buy rating assigning a 12-month price target of C$0.70, indicating an upside of 145.6% from current levels.
| |
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price | Upside/
Downside (%) |
| PyroGenesis Canada Inc | TSXV | PYR | 0.29 | 22.9 | Initiate with speculative buy | Raveel Afzaal | Mackie Research Capital Corp. | 0.70 | 145.6% |