Pure Technologies Ltd. (PUR) PT Lowered to C$6.25 at National Bank Financial

Pure Technologies Ltd. (TSE:PUR) had its price objective lowered by National Bank Financial from C$6.50 to C$6.25 in a research report released on Thursday. The brokerage currently has an outperform rating on the stock. National Bank Financial also issued estimates for Pure Technologies’ FY2017 earnings at $0.14 EPS.

Separately, Canaccord Genuity lowered Pure Technologies from a buy rating to a hold rating and set a C$5.50 price objective on the stock. in a report on Wednesday.

Pure Technologies (TSE PUR) opened at C$4.68 on Thursday. Pure Technologies has a fifty-two week low of C$3.90 and a fifty-two week high of C$5.95.

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In other news, insider Robert Budianto sold 10,000 shares of the stock in a transaction dated Friday, September 8th. The stock was sold at an average price of C$5.50, for a total transaction of C$55,000.00.

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