Markets

Analyst Actions: Jennings Capital Gives Sprott Resource "Buy" Rating on Positive Outlook

Jennings Capital Inc. analyst Marc Charbin said in a research note today that Sprott Resource Corp. (SCP.TO) "provides compelling exposure" to private companies involved in oil and gas, agriculture and mining, the Globe and Mail reported. Mr. Charbin notes "SCP's management team and board have a proven track record and continue to see more deal flow in the resource sector than perhaps most investors in the world."

Jennings Capital initiated coverage with a "buy" rating and has set a price target of $6.25.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More