3M (MMM:NYS) and First Quantum Minerals (FM:TSE) Downgraded

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

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
MMM 3M Co 2 0 1 1 0 0 3.7500 4.0000 Outperform
VNO Vornado Realty Trust 1 0 4 0 0 0 3.4000 3.6000 Hold
VEEV Veeva Systems Inc 2 0 2 1 0 0 3.6000 3.7500 Outperform
FCFS FirstCash Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
FM First Quantum Minerals Ltd 4 5 6 0 0 0 3.8667 4.0000 Outperform
RNW TransAlta Renewables Inc 0 2 9 0 0 0 3.1818 3.2000 Hold
HRX Heroux-Devtek Inc 0 2 2 0 0 0 3.5000 3.7500 Hold
IBR Iron Bridge Resources Inc 0 2 4 0 3 0 2.5556 2.7000 Hold
HZM Horizonte Minerals PLC 0 0 0 0 0 1 0.0000 2.0000 NoOpinion
CRWN Crown Capital Partners Inc 1 3 0 0 0 0 4.2500 4.4000 Outperform
ASND Ascendant Resources Inc 2 1 0 0 0 0 4.6667 5.0000 Buy
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BOE GrowMax Resources Corp 0 0 1 0 0 0 3.0000 4.0000 Hold
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
STLD Steel Dynamics Inc 3 0 1 0 1 0 3.8000 4.0000 Outperform
GBNK Guaranty Bancorp 0 0 2 0 0 0 3.0000 4.0000 Hold
LYTS LSI Industries Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform

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.

MMM:NYS 3M

http://www.3m.com
3M has 91536 employees and is headquartered in United States.
3M Co is a diversified technology company. It manufactures a diverse array of industrial and consumer products. Its business segments are Industrial, Safety and Graphics, Health Care, Electronics and Energy, and Consumer.

FM:TSE First Quantum Minerals

http://www.first-quantum.com
First Quantum Minerals has 20000 employees and is headquartered in Canada.
First Quantum Minerals Ltd engaged in exploration, development, operation, and acquisition of mining projects or companies with interest in mining activity. It produces copper in concentrate, copper anode, copper cathode, gold, zinc, and pyrite.

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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.