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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

One-Hour Delivery by Amazon Arrives in Seattle
One-Hour Delivery by Amazon Arrives in Seattle
Dangerous Bacteria in Ground Beef Shows Study
Dangerous Bacteria in Ground Beef Shows Study
Vital Therapies Stock Plunges Following Failed Trial For Liver Therapy
Vital Therapies Stock Plunges Following Failed Trial For Liver Therapy
Sears Reports Profit for the Quarter But Sales Drop
Sears Reports Profit for the Quarter But Sales Drop
Lenovo Sets Up Manufacturing Facility in India
Lenovo Sets Up Manufacturing Facility in India
AT&T Increases Data Plans for Mobile Users to Maintain Pace
AT&T Increases Data Plans for Mobile Users to Maintain Pace


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