Posted at 7:00 a.m.
Therapeutic Knight is no longer unanimous on Bay Street after the firm Stifel / GMP withdrew its recommendation to buy the title of the Montreal pharmaceutical company on Thursday.
After reviewing the year-end performance, analyst Justin Keywood points out that despite improving results over the past 12 months and the fact that the stock has proven to be a good hiding place while things brew on the Markets, results and forecasts presented on Thursday suggest limited appreciation for the stock in the short term.
The six other analysts who follow the title of Knight always suggest buying it.
A member of the management team of GDI has just sold for nearly $115,000 shares of the Montreal company specializing in building maintenance. Jocelyn Trottier, executive vice-president, president of the Quebec region and secretary, sold a block of 2,000 shares on March 17.
Four senior executivesUni-Select have just purchased nearly $600,000 in shares of the Boucherville auto parts supplier. Mike Sylvester, Mark Eburne, Émilie Gaudet and Max Rogan bought a total of 20,647 shares on March 15. The transactions were completed at a unit price of $28.83.
At least four large Quebec companies (Air Canada, Nuvei, Gildan and Xebec) will hold an information day for investors this week. These companies must in particular take the opportunity to specify their growth strategy for the years to come.
In the case of Air Canada, in addition to the strategy and the competitive positioning, it will be interesting to know the forecasts and the targets to be reached, which should make it possible to better imagine what the Montreal air carrier will become on the other side of the pandemic.
Calgary asset manager Mawer Investment has just disclosed to stock market authorities that it has dragged its stake in GDI below the 10% mark to start the month of March.
Three initiates of NanoXplore have just bought approximately a quarter of a million dollars in shares of the Montreal producer of graphene. The founder and big boss, Soroush Nazarpour, along with Sandra Pupatello and David Schoch bought a total of 60,000 shares between March 8 and March 15.
The action ofUni-Select reached another 52-week high on the Toronto Stock Exchange this week. In contrast, the Quebec titles of Savaria, Transcontinental, Theratechnologies and Neptune have hit another 52-week low.