Aurcana Rating Increased to Outperform at BMO Capital Markets (AUN)
Aurcana (CVE:AUN) was upgraded by investment analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a note issued to investors on Monday, American Banking and Market News reports. The firm currently has a C$4.00 price objective on the stock, up from their previous price objective of C$3.00. BMO Capital Markets’ price target would suggest a potential upside of 81.82% from the stock’s previous close.
A number of other analysts have also recently weighed in on AUN. Analysts at Stonecap Securities upgraded shares of Aurcana (CVE:AUN) from an “underperform” rating to a “sector perform” rating in a research note to investors on Friday. They now have a C$3.50 price target on the stock, up previously from C$3.25. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Aurcana (CVE:AUN) in a research note to investors on Friday, September 13th. They now have a C$2.00 price target on the stock.
Aurcana Corporation (CVE:AUN) is a Canada-based company.
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