Post by
fasteddy0043 on Sep 28, 2014 11:16am
Downgrades
GLV (TSE:GLV.A) had its price target decreased by Canaccord Genuity from C$5.00 to C$4.50 in a research note issued to investors on Friday. The firm currently has a buy rating on the stock. Canaccord Genuity has also updated their ratings on a number of other stocks in the last week. The firm raised its price target on shares of Canadian Solar Inc. from $44.00 to $48.00. They have a buy rating on that stock. Also, Canaccord Genuity raised its price target on shares of Nokia Co. (ADR) from $11.00 to $12.00. They have a buy rating on that stock. Finally, Canaccord Genuity reiterated its buy rating on shares of 3D Systems Co.. Several other analysts have also recently commented on the stock. Analysts at RBC Capital downgraded shares of GLV from an outperform rating to a sector perform rating in a research note on Friday. They now have a C$3.50 price target on the stock, down previously from C$4.00. Finally, analysts at Raymond James downgraded shares of GLV from an outperform rating to a market perform rating in a research note on Monday, August 11th. They now have a C$3.50 price target on the stock, down previously from C$5.00. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of C$4.08. GLV Inc together with its subsidiaries operates primarily in the water treatment (TSE:GLV) and pulp and paper (GL&V Pulp and Paper) industries that offer technological solutions, as well as services and equipment tailored to specific client needs.