Sherritt International Corp (S) Receives Average Recommendation of “Hold” from Brokerages
Shares of Sherritt International Corp (TSE:S) have received a consensus recommendation of “Hold” from the eight ratings firms that are covering the stock. Four analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$1.45.
S has been the subject of a number of research reports. National Bank Financial lifted their price objective on Sherritt International Corp from C$0.95 to C$1.10 in a research report on Tuesday, July 26th. TD Securities lifted their price objective on Sherritt International Corp from C$0.85 to C$0.95 and gave the company a “hold” rating in a research report on Tuesday, July 26th. Scotiabank reissued a “sector perform” rating and set a C$1.30 price objective on shares of Sherritt International Corp in a research report on Friday, August 5th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a C$1.00 price objective on shares of Sherritt International Corp in a research report on Friday, July 15th.
Shares of Sherritt International Corp (TSE:S) traded up 1.27% on Tuesday, reaching $0.80. The company had a trading volume of 461,051 shares. Sherritt International Corp has a 52-week low of $0.53 and a 52-week high of $1.07. The company has a 50-day moving average price of $0.82 and a 200-day moving average price of $0.83. The firm’s market capitalization is $235.10 million.
About Sherritt International Corp
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.
Receive News & Ratings for Sherritt International Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherritt International Corp and related companies with MarketBeat.com's FREE daily email newsletter.