The TD Securities Reiterates Hold Rating for Sherritt International Corp (S)

The TD Securities Reiterates Hold Rating for Sherritt International Corp (S)

Sherritt International Corp (TSE:S)‘s stock had its “hold” rating reiterated by TD Securities in a note issued to investors on Tuesday. They presently have a C$1.80 price objective on the stock. TD Securities’ target price points to a potential upside of 25.00% from the stock’s previous close.

A number of other research firms have also commented on S. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$1.00 target price on shares of Sherritt International Corp in a report on Thursday, October 20th. Scotiabank reduced their target price on Sherritt International Corp from C$1.35 to C$1.20 and set a “sector perform” rating for the company in a report on Wednesday, October 26th. Finally, National Bank Financial lifted their target price on Sherritt International Corp from C$1.35 to C$1.55 in a report on Friday, January 13th.

Shares of Sherritt International Corp (TSE:S) opened at 1.44 on Tuesday. Sherritt International Corp has a one year low of $0.57 and a one year high of $1.67. The company’s 50-day moving average price is $1.43 and its 200-day moving average price is $1.01. The stock’s market cap is $423.20 million.

Sherritt International Corp Company Profile

Sherritt International Corp is engaged in mining and refining of nickel from lateritic ores with operations in Canada, Cuba and Madagascar. The Company’s segments include Metals, Oil and Gas, Power, and Corporate and Other. The Metals segment includes mining, processing and refining nickel and cobalt from lateritic ore bodies.

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