Latest news with #RBCCapital
Yahoo
2 hours ago
- Business
- Yahoo
RBC Capital Remains Bullish on New Gold (NGD)
New Gold Inc. (NYSE:NGD) is one of the best affordable stocks under $5 to invest in. In a report released on July 7, Michael Siperco from RBC Capital maintained a Buy rating on New Gold Inc. (NYSE:NGD) and set a price target of $6.00. New Gold (NGD) Drops 8.5%, Enters Oversold Territory; Time to Buy? Aerial view of an open mine with large cranes and excavators working on the surface. New Gold Inc. (NYSE:NGD) reported first-quarter consolidated production of 52,186 ounces of gold and 13.6 million pounds of copper at an all-in sustaining expense of $1,727 per gold ounce sold. Q1 2025 gold production accounted for around 15% of the midpoint of annual consolidated production guidance of 325,000 to 365,000 ounces of gold, prompting New Gold Inc. (NYSE:NGD) to be slightly ahead of its planned Q1 of 14%. New Gold Inc. (NYSE:NGD) is a Canada-based intermediate gold mining company that acquires, explores, and develops natural resources properties, including gold. It operates two core-producing assets in the country: the Rainy River gold mine and the New Afton copper-gold mine. New Gold Inc. (NYSE:NGD) also holds other Canadian-focused investments. While we acknowledge the potential of NGD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
3 hours ago
- Business
- Yahoo
RBC Maintains Neutral View on Conagra (CAG) as Q4 Miss Highlights Growth Pressures
Conagra Brands Inc. (NYSE:CAG) is one of the most oversold S&P 500 stocks so far in 2025. The stock has declined around 30%–32% both YTD and over the past year, largely reflecting broader consumer weakness and persistent inflation, which continue to cloud the outlook for packaged food companies. Investor sentiment took a further hit following the company's Q4 FY 2025 results (fiscal year ended May), released on July 10. The numbers confirmed ongoing softness: net sales dropped 4.3% year-over-year, with organic sales falling 3.5%. While lower volumes were the primary driver of this decline, unfavorable price/mix also played a part. A busy supermarket with shelves full of packaged foods. Margins came under pressure, too. Adjusted operating margin contracted by 100 basis points to 13.8%, contributing to an 8% year-over-year decline in earnings per share, which came in at $0.56. Reacting to the results, RBC Capital's Nik Modi lowered Conagra's price target from $25 to $22, maintaining a Sector Perform rating. In his note to clients, Modi acknowledged the firm's Q4 miss and called attention to a cautious FY 2026 outlook, shaped by ongoing cost inflation and the impact of tariffs. Interestingly, Conagra appears to be leaning into the downturn by continuing to invest in its brands, improving supply chain flexibility, and supporting volume recovery, despite the near-term strain this puts on margins and sentiment. According to Modi, these investments are critical for rebuilding momentum, even if they come at a short-term cost. The market may remain cautious in the near term, but it may stabilize and recover depending on how effectively Conagra navigates these headwinds and how soon its investments begin to yield results. Conagra Brands Inc. (NYSE:CAG) is one of North America's leading branded food companies with a portfolio that includes brands such as Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, and Slim Jim. While we acknowledge the potential of CAG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Business Insider
10 hours ago
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on Dunelm Group (DNLM)
RBC Capital analyst Manjari Dhar maintained a Hold rating on Dunelm Group yesterday and set a price target of p1,200.00. The company's shares closed yesterday at p1,194.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Dhar is a 2-star analyst with an average return of 1.0% and a 55.56% success rate. Dhar covers the Consumer Cyclical sector, focusing on stocks such as Hugo Boss, Avolta AG, and Dunelm Group. In addition to RBC Capital, Dunelm Group also received a Hold from Jefferies's Grace Gilberg in a report issued on July 17. However, on July 18, Deutsche Bank maintained a Buy rating on Dunelm Group (LSE: DNLM). The company has a one-year high of p1,279.00 and a one-year low of p836.61. Currently, Dunelm Group has an average volume of 378.3K. Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is neutral on the stock.
Business Insider
10 hours ago
- Business
- Business Insider
Teradata (TDC) Gets a Hold from RBC Capital
In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Hold rating on Teradata, with a price target of $24.00. The company's shares closed yesterday at $21.54. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Hedberg is a top 100 analyst with an average return of 21.8% and a 70.00% success rate. Hedberg covers the Technology sector, focusing on stocks such as Gitlab, ServiceNow, and Snowflake. Teradata has an analyst consensus of Hold, with a price target consensus of $25.38, representing a 17.83% upside. In a report released on July 11, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $24.00 price target.
Business Insider
10 hours ago
- Business
- Business Insider
Qualys (QLYS) Receives a Rating Update from a Top Analyst
In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Hold rating on Qualys, with a price target of $140.00. The company's shares closed yesterday at $139.51. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Hedberg is a top 100 analyst with an average return of 21.8% and a 70.00% success rate. Hedberg covers the Technology sector, focusing on stocks such as Gitlab, ServiceNow, and Snowflake. In addition to RBC Capital, Qualys also received a Hold from TD Cowen's Shaul Eyal in a report issued on July 14. However, on July 18, TR | OpenAI – 4o reiterated a Buy rating on Qualys (NASDAQ: QLYS). Based on Qualys' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $159.9 million and a net profit of $47.53 million. In comparison, last year the company earned a revenue of $145.81 million and had a net profit of $39.73 million
