Parallel Energy Trust’s Hold Rating Reaffirmed at Canaccord Genuity (PLT.UN)

Share on StockTwits

Parallel Energy Trust (TSE: PLT.UN)‘s stock had its “hold” rating reiterated by Canaccord Genuity in a research note issued on Thursday, Analyst Ratings.Net reports.

A number of other firms have also recently commented on PLT.UN. Analysts at National Bank Financial downgraded shares of Parallel Energy Trust from a “sector perform” rating to an “underperform” rating in a research note to investors on Friday, May 10th. They now have a C$3.75 price target on the stock, down previously from C$4.75. Separately, analysts at TD Securities upgraded shares of Parallel Energy Trust from a “hold” rating to a “buy” rating in a research note to investors on Friday, May 10th. They now have a C$4.75 price target on the stock, down previously from C$5.00. Finally, analysts at Scotiabank cut their price target on shares of Parallel Energy Trust from C$6.00 to C$5.00 in a research note to investors on Friday, May 10th. They now have a “sector perform” rating on the stock.

One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of C$4.60.

Parallel Energy Trust (TSE: PLT) is an unincorporated open-ended limited purpose trust.

Latest News

Lloyds See Annual Profit, Restarts Dividends
Lloyds See Annual Profit, Restarts Dividends
China Bars U.S. Tech Firms From Its Government List
China Bars U.S. Tech Firms From Its Government List
Same Store Sales at Lowe’s Boosts Earnings
Same Store Sales at Lowe’s Boosts Earnings
Profit Rises at Home Depot by 36%
Profit Rises at Home Depot by 36%
HSBC Boss Hid His Bonuses in Swiss Bank Account
HSBC Boss Hid His Bonuses in Swiss Bank Account
Valeant Nearing Deal to Acquire Salix for $10 Billion
Valeant Nearing Deal to Acquire Salix for $10 Billion


Leave a Reply

Advertisement
Advertisement
© 2006-2015 Ticker Report. Google+.