5 Analyst Stock Picks That Were Big Misses

April 23, 2018 / smallcappower.com / Article Link

The analyst stock picks on our list have underperformed significantly this year despite positive analyst coverage

SmallCapPower | April 23, 2018: While identifying good stocks can be difficult, analysts research companies in-depth and advise investors on whether or not they are good buys. The analyst stock picks on our list today were rated on a 1-5 scale, where 5 represents a "Strong Buy" and 1 represents a "Strong Sell." These companies have decreased an average of 35% YTD. If the analyst consensus is correct, these stocks could see some nice gains sometime in 2018.

Aimia Inc. (TSX:AIM) – $1.75Professional Information Services

Aimia focuses on providing loyalty systems for its customers. The Company operates Aeroplan and Air Miles Middle East, two coalition airline loyalty programs with 6.6M active members. AIM operates on a software-as-a-service loyalty platform, and also provides consulting, analytics and marketing services.

Market Cap: $266.5 MillionRecommendation – Mean (1-5): 3.2Recommendation – Number of Total: 10Average Price Target: $2.29Price Upside: 35.2%YTD Total Return: -53.2%

Imperial Metals Corp. (TSX:III) – $2.01Diversified Mining

Imperial Metals is a junior copper-gold-silver producer operating in British Columbia. The Company operates two producing mines, which produced 93.7Mlbs Cu, 81,000 oz. Au, and 170,000 oz. Ag. Imperial also owns one mine currently on standby, and four exploration and development projects.

Market Cap: $236.2 MillionRecommendation – Mean (1-5): 3.5Recommendation – Number of Total: 6Average Price Target: $2.68Price Upside: 28.4%YTD Total Return: -40.7%

Corus Entertainment Inc. (TSX:CJR.B) – $6.62Broadcasting

Corus Entertainment operates many Canada-focused media programs. The Company operates 59 television services and 39 radio services across Canada. Corus' partnerships with other media producers provide the majority of its content, in addition to some of its own properties. The Company recently launched a video-on-demand operation, and plans to add an automated advertising buying platform.

Market Cap: $1,352.0 MillionRecommendation – Mean (1-5): 3.2Recommendation – Number of Total: 10Average Price Target: $7.78Price Upside: 17.9%YTD Total Return: -40.5%

Bellatrix Exploration Ltd. (TSX:BXE) – $1.70Oil & Gas Exploration and Production

Bellatrix Exploration is a Canada-based oil and natural gas company operating in Alberta. The Company controls significant infrastructure, including compression facilities and pipelines, surrounding its flagship asset, the Spirit River wells. The Company is guided to produce ~36,000 boe/d in 2018.

Market Cap: $83.8 MillionRecommendation – Mean (1-5): 3.4Recommendation – Number of Total: 12Average Price Target: $1.67Price Downside: -5.1%YTD Total Return: -20.9%

Hudson’s Bay Co. (TSX:HBC) – $8.93Department Stores

Hudson's Bay is a Canada-based retail company operating in North America and Europe with over 480 stores and 66,000 employees. The Company operates Hudson's Bay, Saks Fifth Avenue, Gilt, and Lord & Taylor in North America, as well as Galeria in Europe, responsible for ~70% and 30% of the Company's revenue, respectively. HBC aims to further expand its digital sales platform, expand its European presence, and continue marketing and optimization for its retail platform.

Market Cap: $1,632.9 MillionRecommendation – Mean (1-5): 3.2Recommendation – Number of Total: 9Average Price Target: $9.81Price Upside: 7.9%YTD Total Return: -20.7%

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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