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

Microsoft Sales Pass Street Estimates
Microsoft Sales Pass Street Estimates
Unilever Sales Growth Slowest in Five Years
Unilever Sales Growth Slowest in Five Years
Yahoo Up After Reaping Riches from Alibaba
Yahoo Up After Reaping Riches from Alibaba
Economy in China Grows at Five-Year Low
Economy in China Grows at Five-Year Low
Philips Announced Spinoff on Track but Posts Loss
Philips Announced Spinoff on Track but Posts Loss
Honeywell Profit Passes Forecast, Seeking Deals
Honeywell Profit Passes Forecast, Seeking Deals


Leave a Reply

Advertisement
Advertisement
© 2006-2014 Ticker Report. Google+.