McCoy Global (MCB) Gets a Hold Rating from Canaccord Genuity


McCoy Global (MCB), the Conglomerates sector company, has received a rating update from a Wall Street analyst today. Analyst John Bereznicki from Canaccord Genuity rated McCoy Global (MCB) a Hold, setting a C$0.65 price target.

According to TipRanks.com, Bereznicki is ranked #5066 out of 5237 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for McCoy Global with a C$0.65 average price target.

Based on McCoy Global’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of C$524K. In comparison, last year the company had a GAAP net loss of C$2.95 million.

McCoy Global, Inc. engages in the provision of equipment and technologies designed to support wellbore integrity and assist with collecting critical data for the oil and gas industry. The firm offers sensors for harsh environments, control and monitoring systems, equipment rental services, and calibration and training services.

The company’s shares closed on Monday at C$0.59, close to its 52-week low of C$0.56.

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