Sherritt International (OTCMKTS:SHERF) Upgraded to “Sector Perform” by Scotiabank

Sherritt International (OTCMKTS:SHERFGet Rating) was upgraded by equities research analysts at Scotiabank from an “underperform” rating to a “sector perform” rating in a research note issued on Wednesday, The Fly reports.

A number of other analysts also recently issued reports on the stock. National Bank Financial raised their price objective on shares of Sherritt International from C$1.00 to C$1.10 in a report on Friday, April 8th. TD Securities raised Sherritt International from a “hold” rating to a “buy” rating in a research report on Friday, January 14th.

OTCMKTS SHERF opened at $0.58 on Wednesday. The business has a fifty day simple moving average of $0.54 and a 200 day simple moving average of $0.41. Sherritt International has a 12 month low of $0.29 and a 12 month high of $0.68.

Sherritt International Company Profile (Get Rating)

Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic sources primarily in Canada and Cuba. It operates through Moa Joint Venture and Fort Site, Metals Other, Oil and Gas, Power, and Technologies segments. The company produces and sells agriculture fertilizers in Western Canada; and provides additional fertilizer storage and administrative facilities in Fort Saskatchewan, Alberta, and Canada.

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