November 28, 2016 - By Peter Erickson
In analysts report revealed to clients on Monday morning, Ikkuma Resources Corp (CVE:IKM) stock had its “Buy” Rating reaffirmed by stock analysts at TD Securities. They currently have a $1.25 target price on firm. TD Securities’s target means a potential upside of 45.35% from the company’s previous close.
Out of 2 analysts covering Ikkuma Resources Corp. (CVE:IKM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $1.30 is the highest target while $1 is the lowest. The $1.20 average target is 39.53% above today’s ($0.86) stock price. Ikkuma Resources Corp. has been the topic of 6 analyst reports since November 25, 2015 according to StockzIntelligence Inc. As per Wednesday, November 25, the company rating was downgraded by PI Financial. The firm has “Buy” rating given on Friday, August 26 by TD Securities. TD Securities downgraded Ikkuma Resources Corp (CVE:IKM) on Wednesday, November 25 to “Target” rating. The rating was maintained by Desjardins Securities on Tuesday, June 28 with “”.
It is down 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
Ikkuma Resources Corp. , formerly Panterra Resource Corp., is a Canada gas and oil exploration and production company. The company has a market cap of $82.00 million. The Firm focuses on developing properties in the foothills of Alberta and British Columbia. It currently has negative earnings.
Another recent and important Ikkuma Resources Corp (CVE:IKM) news was published by Marketwired.com which published an article titled: “Ikkuma Resources Corp. Announces $7.0 Million Bought Deal Private Placement of …” on April 27, 2016.
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