Spark Power Group (TSE:SPG) Given New C$2.25 Price Target at Cormark

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Spark Power Group (TSE:SPG) had its price target lowered by Cormark from C$3.00 to C$2.25 in a report released on Thursday, BayStreet.CA reports. Cormark also issued estimates for Spark Power Group’s FY2019 earnings at $0.05 EPS and FY2020 earnings at $0.16 EPS.

Separately, Desjardins reissued a buy rating on shares of Spark Power Group in a report on Tuesday, June 25th.

TSE SPG opened at C$1.40 on Thursday. The firm has a market cap of $64.14 million and a P/E ratio of -1.74. The company has a current ratio of 1.15, a quick ratio of 0.94 and a debt-to-equity ratio of 313.40. Spark Power Group has a 12 month low of C$1.28 and a 12 month high of C$3.40. The firm has a 50 day moving average of C$1.70.

Spark Power Group Company Profile

Spark Power Group Inc provides electrical power services and solutions primarily in North America. The company operates through three divisions: Technical Services; Power Equipment; and Power Advisory and Sustainability. The company offers technical services, such as construction, repair, replacement, maintenance, testing, and commissioning of electrical assets.

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