Canaccord Genuity Initiates Coverage on ENTREC Corporation (ENT)
Canaccord Genuity started coverage on shares of ENTREC Corporation (CVE:ENT) in a research note issued on Tuesday, Analyst Ratings Net reports. The firm set a “buy” rating and a C$2.50 price target on the stock. Canaccord Genuity’s price target indicates a potential upside of 49.70% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Dundee Securities upgraded shares of ENTREC Corporation from a “neutral” rating to a “buy” rating in a research note to investors on Monday, November 18th. Finally, analysts at Stonecap Securities cut their price target on shares of ENTREC Corporation from C$2.50 to C$2.25 in a research note to investors on Friday, November 15th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$2.42.
ENTREC specializes in the lifting, transportation (CVE:ENT), loading, off-loading and setting of overweight and oversized cargo for the oil and gas, construction, petrochemical, mining and power generation industries.
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