Medtronic (MDT:NYS) and Suncor Energy (SU:TSE) Downgraded

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Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
MDT Medtronic PLC 4 1 2 0 0 0 4.2857 4.3750 Outperform
SU Suncor Energy Inc 7 3 4 1 0 0 4.0667 4.1250 Outperform
CNQ Canadian Natural Resources Ltd 13 3 0 1 0 0 4.6471 4.6667 Buy
TI.A Telecom Italia SpA 0 1 2 0 0 0 3.3333 3.7500 Hold
TI Telecom Italia SpA 0 1 2 0 0 0 3.3333 3.7500 Hold
LH Laboratory Corp of America Holdings 3 0 2 0 0 0 4.2000 4.3333 Outperform
CPN Calpine Corp 1 0 4 0 0 0 3.4000 3.6667 Hold
CCJ Cameco Corp 3 2 1 0 2 0 3.5000 3.5556 Hold
TIME Time Inc 0 0 0 0 1 0 1.0000 3.0000 Sell
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SU Suncor Energy Inc 7 3 4 1 0 0 4.0667 4.1250 Outperform
CNQ Canadian Natural Resources Ltd 13 3 0 1 0 0 4.6471 4.6667 Buy
CCO Cameco Corp 3 2 1 0 2 0 3.5000 3.5556 Hold
NEPT Neptune Technologies & Bioressources Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
TXRH Texas Roadhouse Inc 0 0 3 0 0 0 3.0000 3.5000 Hold
MSTR MicroStrategy Inc 0 0 1 0 0 0 3.0000 4.0000 Hold
ALTR Altair Engineering Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
NEPT Neptune Technologies & Bioressources Inc 0 0 1 0 0 0 3.0000 5.0000 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

MDT:NYS Medtronic

http://www.medtronic.com
Medtronic has 84000 employees and is headquartered in Ireland.
Medtronic PLC is a medical technology company. It primarily manufacture and sell device-based medical therapies. It operates in Cardiac and Vascular, Minimally Invasive Therapies, Restorative Therapies and Diabetes segments.

SU:TSE Suncor Energy

http://www.suncor.com
Suncor Energy has 12837 employees and is headquartered in Canada.
Suncor Energy Inc is a Canadian integrated energy company. It operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, product marketing and a renewable energy portfolio.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.