Sprott (SII) Given New C$2.75 Price Target at Desjardins
A number of other equities research analysts have also issued reports on SII. BMO Capital Markets upgraded shares of Sprott from an underperform rating to a market perform rating in a report on Tuesday, July 3rd. Royal Bank of Canada cut their price target on shares of Sprott from C$3.25 to C$2.75 and set an underperform rating on the stock in a report on Tuesday.
SII stock opened at C$2.98 on Tuesday. Sprott has a 52-week low of C$2.09 and a 52-week high of C$3.62.
In other Sprott news, Director Kevin Lloyd Hibbert sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, July 9th. The shares were sold at an average price of C$3.07, for a total value of C$153,500.00. In the last quarter, insiders sold 138,526 shares of company stock worth $425,816.
Sprott Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts.
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