News and analysis of energy stocks. No buy or sell recommendations.

Visit SeekingAlpha Energy Stocks

Raymond James Analyst: ZCL Composites a Good Choice for Investors

Posted on July 02, 2008

The current weakness in the share price of ZCL Composites (ZCLCF.PK) - a manufacturer and distributor of liquid storage systems could be an attractive entry point for investors into what Raymond James analyst Ben Cherniavsky. In a note to clients, Mr. Cherniavsky says that ZCL s stock has fallen more than 16% since what he calls valuation concerns compelled him to downgrade the stock to market perform at the beginning of May. However, the stock now offers a more attractive risk-return profile and a 19% upside to his target price of C$9.50. It is now trading at...

Original article link


trading