Raymond James reissued their outperform rating on shares of Spark Power Group (TSE:SPG) in a research report sent to investors on Thursday morning, BayStreet.CA reports. Raymond James currently has a C$2.50 price objective on the stock. Raymond James also issued estimates for Spark Power Group’s FY2020 earnings at $0.20 EPS.
SPG has been the subject of a number of other research reports. Canaccord Genuity downgraded shares of Spark Power Group from a buy rating to a speculative buy rating and decreased their target price for the company from C$3.00 to C$2.25 in a research note on Wednesday, September 11th. Cormark reduced their price target on shares of Spark Power Group from C$3.00 to C$2.25 in a research report on Thursday, August 22nd.
Shares of TSE SPG opened at C$1.35 on Thursday. Spark Power Group has a fifty-two week low of C$0.90 and a fifty-two week high of C$2.79. The firm’s 50 day simple moving average is C$1.05. The company has a market capitalization of $44.19 million and a P/E ratio of -2.21. The company has a quick ratio of 0.90, a current ratio of 1.06 and a debt-to-equity ratio of 356.78.
About Spark Power Group
Spark Power Group Inc provides electrical power services and solutions primarily in North America. The company operates through three divisions: Technical Services; Power Equipment; and Power Advisory and Sustainability. The company offers technical services, such as construction, repair, replacement, maintenance, testing, and commissioning of electrical assets.
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