National Bank Financial Cuts Sherritt International (S) Price Target to C$1.25

Sherritt International (TSE:S) had its price target reduced by National Bank Financial from C$1.50 to C$1.25 in a research report sent to investors on Thursday morning. National Bank Financial currently has an outperform rating on the stock.

Shares of S stock opened at C$0.65 on Thursday. Sherritt International has a twelve month low of C$0.56 and a twelve month high of C$1.87.

Sherritt International Company Profile

Sherritt International Corporation engages in mining and refining nickel from lateritic ores in Canada, Cuba, and Madagascar. The company operates through Moa JV and Fort Site, Ambatovy JV, Metals Other, Oil and Gas, Power, and Corporate and Other segments. The Moa JV and Fort Site segment is involved in mining, processing, and refining of nickel and cobalt; and the production and sale of agricultural fertilizers.

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