Transportation

Emblem Corp has 40% upside, Echelon Wealth says

Emblem Cannabis president Maxim Zavet With its financings now complete, Echelon Wealth Partners analyst Russell Stanley has refreshed his model assumptions on Emblem Corp. (TSX:EMC) and finds the stock still has plenty of upside. On November 15, Emblem Corp announce it had completed a bought deal ...

Avigilon still has nearly 40% upside, Haywood says

It has been a strong performer this year, but ahead of the company’s third quarter results, Haywood Securities analyst Pardeep Sangha thinks there is still plenty of money to be made on Avigilon (TSX:AVO). Today, after market close, Avigilon will report its Q3, 2017 results. Sangha thinks the co ...

Commentary – “End of Oil” Narratives are Misleading

This is the fourth and final in a series of columns exploring the potential impact of electric vehicles on oil consumption. The world isn’t reinventing the wheel. But we’re changing how it turns, who it carries and where it’s going. Over the next few decades we’ll be plugging in more cars, ...

Solium Capital is undervalued, National Bank Financial says

Following the company’s $46.0-million financing, National Bank Financial analyst Richard Tse has resumed coverage of Solium Capital (TSX:SUM), and he remains bullish on the stock. This morning, Solium announced it had completed the aforementioned bought deal, which it says it intends to use for ...

Take a pass on Constellation Software, Industrial Alliance says

A quarter of “mixed” results isn’t shaking Industrial Alliance Securities analyst Blair Abernethy’s view that Constellation Software (TSX:CSU) is fully valued. On Thursday, Constellation Software reported its Q3, 2017 results. The company earned $54.26-million on revenue of $637.0-million, ...

With Dramatic Electric Concept, Mitsubishi Primed for EV Comeback

Mitsubishi this week unveiled the e-Evolution concept all-electric high performance SUV. The e-Evolution prototype, which Mitsubishi describes as demonstrating the company’s new direction in sport utility vehicles, electric vehicles, and connected mobility, is a big step forward for an automaker ...

Cortex Business Solutions is still “significantly undervalued”, Haywood says

A quarter that came in slightly better than he expected has Haywood analyst Pardeep Sangha maintaining his bullish target on Cortex Business Solutions (TSXV:CBX). On Tuesday, Cortex reported its Q4 and fiscal 2017 results. In the fourth quarter, the company posted Adjusted EBITDA of $200,000 on re ...

Air Canada gets price target raise at Paradigm Capital

Ahead of the company’s third quarter results Wednesday, Paradigm Capital analyst Corey Hammill is feeling bullish about Canada’s largest airline. In a research update to clients today, Hammill maintained his “Buy” rating, but raised his one-year price target on Air Canada (TSX:AC) from $27. ...

Shopify is still a buy, Industrial Alliance says

Ahead of the company’s third quarter results, Industrial Alliance Securities analyst Blair Abernethy says Shopify (TSX, NYSE:SHOP) is still a buy. On November 1, Shopify is expected to report its Q3, 2017 results. Abernethy thinks the company will generate EBITDA of $600,000 on revenue of $166.8 ...

Canadian-listed U.S. cannabis stocks are looking increasingly attractive: Canaccord Genuity

Canaccord Genuity analyst Matt Bottomley says investors should take a fresh look at cannabis operators that are listed in Canada but have operations in the United States. In a research report to clients today, Bottomley addressed the particular market for the aforementioned listings, noting that s ...