Enbridge (ENB:TSE) and CGI (GIB.A: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
ENB Enbridge Inc 7 6 3 0 0 0 4.2500 4.2667 Outperform
FTV Fortive Corp 1 0 3 0 0 0 3.5000 3.6667 Hold
GIB CGI Inc 4 4 4 0 2 0 3.5714 3.7143 Outperform
CPB Campbell Soup Co 0 0 2 0 3 0 1.8000 2.0000 Underperform
LCII LCI Industries Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
RH RH 0 0 4 0 0 0 3.0000 3.2500 Hold
PRT PermRock Royalty Trust 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
ENB Enbridge Inc 7 6 3 0 0 0 4.2500 4.2667 Outperform
GIB.A CGI Inc 4 4 4 0 2 0 3.5714 3.7143 Outperform
DOL Dollarama Inc 1 4 6 0 0 0 3.5455 3.6364 Outperform
AP.UN Allied Properties Real Estate Investment Trust 1 5 2 0 0 0 3.8750 4.0000 Outperform
X TMX Group Ltd 4 3 0 0 0 0 4.5714 4.6667 Buy
HEXO HEXO Corp 6 4 2 0 0 0 4.3333 4.5000 Outperform
DHX DHX Media Ltd 0 1 6 0 2 0 2.6667 2.7000 Hold
MAX Midas Gold Corp 1 1 0 0 0 0 4.5000 4.6667 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HEXO HEXO Corp 6 4 2 0 0 0 4.3333 4.5000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CEVA CEVA Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform
DHXM DHX Media Ltd 0 1 6 0 2 0 2.6667 2.7000 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.

ENB:TSE Enbridge

http://www.enbridge.com
Enbridge has 12000 employees and is headquartered in Canada.
Enbridge Inc serves the oil & gas industry. Its key activity involves gathering and transportation of crude oil and natural gas.

GIB.A:TSE CGI

http://www.cgi.com
CGI has 77000 employees and is headquartered in Canada.
CGI Group Inc manages information technology services. The Company’s services include the management of IT and business functions, systems integration and consulting as well as the sale of software solutions.

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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.