Stingray Digit SV (RAY.A) Gets a Buy from RBC Capital
RBC Capital analyst Drew Mcreynolds maintained a Buy rating on Stingray Digit SV (RAY.A – Research Report) on June 11 and set a price target of C$13.00. The company's shares closed yesterday at C$9.77.
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According to TipRanks, Mcreynolds is a 4-star analyst with an average return of 3.7% and a 53.86% success rate. Mcreynolds covers the Communication Services sector, focusing on stocks such as BCE, VerticalScope Holdings, and Rogers Communication.
Currently, the analyst consensus on Stingray Digit SV is a Strong Buy with an average price target of C$12.25, which is a 25.38% upside from current levels. In a report released on June 12, CIBC also maintained a Buy rating on the stock with a C$13.50 price target.
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