Analyst Activity – Scotiabank Lowers Its Price Target On Sherritt International Corp (TSE:S) to C$1.15

Analyst Ratings For Sherritt International Corp (TSE:S)

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Today, Scotiabank lowered its price target on Sherritt International Corp (TSE:S) to C$1.15 per share.

There are 3 hold ratings on the stock.

The current consensus rating on Sherritt International Corp (TSE:S) is Hold (Score: 2.00) with a consensus target price of C$1.49 per share, a potential .

Some recent analyst ratings include

  • 4/27/2017-TD Securities Reiterated Rating of Hold.
  • 2/9/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.
  • 4/22/2016-CIBC Reiterated Rating of Sector Perform.
  • 10/29/2015-BMO Capital Markets was Downgraded by analysts at BMO Capital Markets from a “Market Perform (Speculative)” rating to a “” rating.

    About Sherritt International Corp (TSE:S)
    Sherritt International Corporation is engaged in the mining and refining of nickel and cobalt from lateritic ores with projects and 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, through the partnership with General Nickel Company S.A. of Cuba (the Moa Joint Venture); an interest in the Ambatovy Joint Venture that owns a nickel operation in Madagascar. It has fertilizer, sulfuric acid, utilities and storage facilities in Fort Saskatchewan, Canada. The Oil and Gas segment includes the oil and gas operations in Cuba, as well as the exploration and development of oil and gas in Cuba, Spain and Pakistan. Its Power segment includes power generating assets, located in Cuba at Varadero, Boca de Jaruco and Puerto Escondido. The Corporate and Other segment consists of the metallurgical technology business.

    Recent Trading Activity for Sherritt International Corp (TSE:S)
    Shares of Sherritt International Corp closed the previous trading session at 0.900 up +0.050 5.88% with 544,283 shares trading hands.

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