Tag Archives: Analysts

Analysts bullish on GoDaddy Inc


A little of the lustre on GoDaddy Inc. shares has come off since its successful market debut on April 1, but analysts seem very confident that more gains are coming. The website-hosting service jumped more than 30 per cent on its first trading day, but has since retracted about five percent. RBC Capital Markets and J.P. Morgan – both underwriters ...

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BMO profit beats estimates — but analysts see shortcomings in core Canadian division


Bank of Montreal\’s latest earnings results were high enough to beat estimates, support a dividend increase, and give investors a break from fretting about the impact weaker oil prices may be having on Canada\’s biggest banks, however they weren\’t perfect. BMO\’s bottom line got a big increase in the second quarter from its U.S. personal and commercial operations and also ...

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AGF results get lukewarm response from analysts


AGF Management Ltd’s latest earnings results showed more improvement in the level of net redemptions at the beleaguered mutual fund giant, but nonetheless not enough to reproduce much investor confidence in the stock’s prospects moving forward. “We have lowered our valuation multiples to reflect the challenges of AGF\’s current environment,” said GMP Securities analyst Stephen Boland inside a note to ...

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Analysts showing appetite for Restaurant Brands International


The $US12 billion merger between Burger King Worldwide Inc. and Tim Hortons Inc. late last year has already repaid nicely for investors who own shares within the new combined entity referred to as Restaurant Brands International Inc. But the stock, that is up 16 per cent since its debut, has more room to run over the the coming year, says ...

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Analysts say investors still haven’t learned from Nortel’s ‘boom and bust’


TORONTO – It was 15 years ago this month when Nortel Networks\’ shares hit an all-time a lot of $124.50 on Toronto\’s stock exchange. The company\’s sky-high stock managed to get by far Canada\’s best company at the time – with a market value that briefly surpassed the banks and resource companies listed on the Toronto Stock Exchange. It didn\’t ...

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