Analysts Offer Insights on Materials Companies: Stantec Inc (STN), Surge Energy (OtherZPTAF) and Pengrowth Energy Corp (PGH)


Analysts have been eager to weigh in on the Materials sector with new ratings on Stantec Inc (STN), Surge Energy (ZPTAF) and Pengrowth Energy Corp (PGH).

Stantec Inc (STN)

In a report released yesterday, Ben Cherniavsky from Raymond James upgraded Stantec Inc to Buy. The company’s shares opened today at $23.19, close to its 52-week low of $22.52.

Cherniavsky has an average return of 1.3% when recommending Stantec Inc.

According to TipRanks.com, Cherniavsky is ranked #1050 out of 5108 analysts.

Currently, the analyst consensus on Stantec Inc is a Moderate Buy with an average price target of $39.

See today’s analyst top recommended stocks >>

Surge Energy (ZPTAF)

In a report released yesterday, Jeremy Mccrea from Raymond James reiterated a Buy rating on Surge Energy. The company’s shares opened today at $1.11, close to its 52-week low of $1.04.

According to TipRanks.com, Mccrea is ranked 0 out of 5 stars with an average return of -20.7% and a 21.9% success rate. Mccrea covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Freehold Royalties Ltd, and PrairieSky Royalty Ltd.

The the analyst consensus on Surge Energy is currently a Moderate Buy rating.

Pengrowth Energy Corp (PGH)

In a report released yesterday, Chris Cox from Raymond James reiterated a Sell rating on Pengrowth Energy Corp.

According to TipRanks.com, Cox is a 1-star analyst with an average return of -1.6% and a 45.6% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Crescent Point Energy, and Imperial Oil Limited.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Pengrowth Energy Corp.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts