Sprott (<a>TSE:SII</a> – <a>Get Free Report</a>) was downgraded by equities research analysts at TD Securities from a “strong-buy” rating to a “hold” rating in a report released on Tuesday, <a>Marketbeat</a> reports. They currently have a C$100.00 price objective on the stock, up from their prior price objective of C$84.00. TD Securities’ target price suggests a potential upside of 2.77% from the stock’s current price.\n\nSeparately, BMO Capital Markets raised their price objective on shares of Sprott from C$80.00 to C$94.00 in a report on Thursday, June 26th.\n\n<b><a>Read Our Latest Analysis on Sprott</a></b>\n\nSprott Stock Down 1.1%\n<a>SII</a> opened at C$97.30 on Tuesday. The company has a debt-to-equity ratio of 5.65, a current ratio of 3.30 and a quick ratio of 2.89. The company’s 50-day moving average is C$88.85 and its 200 day moving average is C$72.79. Sprott has a fifty-two week low of C$52.20 and a fifty-two week high of C$105.59. The firm has a market capitalization of C$1.74 billion, a P/E ratio of 37.92, a PEG ratio of -3.34 and a beta of 1.45. <h2>Sprott Company Profile</h2>\n\n(<a>Get Free Report</a>)\n\nSprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company’s closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company’s branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.

TD Securities Downgrades Sprott (TSE:SII) to Hold

TD Securities downgraded Sprott (TSE:SII) from a 'strong-buy' to a 'hold' rating, setting a C$100 price objective up from C$84. BMO Capital Markets raised their price objective to C$94 from C$80. Sprott's stock opened at C$97.30 with a debt-to-equity ratio of 5.65 and a P/E ratio of 37.92.