Softchoice: Stocks Analysts Recently Downgraded on TSX (SFTC)
Softchoice is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital. Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
|Symbol||Name||Buy||Out Perform||Hold||Under Perform||Sell||No Opinion||Mean Rating||Previous Mean Rating||Mean Label|
|CVE-T||Cenovus Energy Inc||9||2||2||0||0||0||4||4||Buy|
|HHRS-T||Hammerhead Energy Inc||4||1||1||0||0||0||4||4||Outperform|
|RNW-T||TransAlta Renewables Inc||0||0||6||0||5||0||2||2||Underperform|
|DSV-T||Discovery Silver Corp||1||1||0||0||0||0||4||4||Outperform|
More about Softchoice Corp
Softchoice Corp is a technology service and solutions provider that equips organizations to be agile for their people to be engaged, connected and creative at work. The company designs, procures, implements and manages complex multi-vendor IT solutions that enable customers' digital transformations using a results-oriented engagement model that drives long-term relationships.
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AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.