12:56:15 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Think Research Corp
Symbol THNK
Shares Issued 77,658,684
Close 2023-05-02 C$ 0.40
Market Cap C$ 31,063,474
Recent Sedar Documents

Globe says Dubreuil keeps his "hold" on Think Research

2023-05-03 09:32 ET - In the News

The Globe and Mail reports in its Wednesday, May 3, edition that Desjardins Securities analyst Jerome Dubreuil has reaffirmed his "hold" recommendation for Think Research. The Globe's David Leeder writes that Mr. Dubreuil reduced his share target by a nickel to 65 cents. Analysts on average target the shares at 85 cents. Mr. Dubreuil says in a note: "[Monday's] negative share price reaction [of 18.6 per cent] does not reflect our view of the quarter, which we see as broadly in line with expectations. We maintain our 'hold' rating due to recent dilution and as we want to see more stable results before recommending the stock. However, we note that the improvement in the financing situation, the decent quarter and recent momentum in data connectivity make us more constructive on the name." The Globe reported on Nov. 30 that Echelon Capital Markets analyst Rob Goff rated Think Research "speculative buy." It was then worth 34 cents. The Globe reported on March 9 that Canaccord Genuity analyst Doug Taylor had an unchanged "speculative buy" recommendation on Think Research. The shares could then be had for 60 cents.

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