Canaccord Genuity Analysts Upgrade Esperanza to “Speculative Buy”

Mideast Times reported that investment analysts at Canaccord Genuity have raised Esperanza Resources Corp. (TSXV:EPZ) to a “speculative buy” rating from a “hold” rating.

As quoted in the market news:

EPZ has been the subject of a number of other recent research reports. Analysts at Stonecap Securities downgraded shares of Esperanza Resources from an “outperform” rating to a “sector perform” rating in a research note to investors on Friday. They now have a C$0.75 price target on the stock, down previously from C$1.25. Finally, analysts at National Bank Financial cut their price target on shares of Esperanza Resources from C$2.15 to C$1.60 in a research note to investors on Tuesday, June 11th.

Click here to read the full Mideast Times report.