Imperial Metals (III) Given New C$1.00 Price Target at Canaccord Genuity

Imperial Metals (TSE:III) had its price target lowered by Canaccord Genuity from C$2.50 to C$1.00 in a report published on Friday. The firm currently has a sell rating on the stock.

Several other equities research analysts have also commented on III. CIBC restated an outperform rating and issued a C$3.50 price objective on shares of Imperial Metals in a research report on Friday, September 15th. Scotiabank restated an underperform rating and issued a C$3.00 price objective on shares of Imperial Metals in a research report on Tuesday, October 17th. Finally, TD Securities lowered their price objective on Imperial Metals from C$4.00 to C$3.50 in a research report on Thursday, November 16th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of C$3.18.

Shares of Imperial Metals (TSE:III) traded down C$0.39 during trading hours on Friday, reaching C$2.65. 343,015 shares of the company traded hands, compared to its average volume of 212,507. Imperial Metals has a one year low of C$2.19 and a one year high of C$7.89. The firm has a market cap of $303.39, a P/E ratio of -24.09 and a beta of 0.88.

TRADEMARK VIOLATION WARNING: This article was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.dispatchtribunal.com/2018/01/13/imperial-metals-iii-given-new-c1-00-price-target-at-canaccord-genuity.html.

About Imperial Metals

Imperial Metals Corporation is engaged in the exploration and development of base and precious metals from its properties. The Company’s properties include Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia, and Huckleberry copper mine in northern British Columbia.

Analyst Recommendations for Imperial Metals (TSE:III)

Receive News & Ratings for Imperial Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Metals and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply