GMP FirstEnergy Downgrades DealNet Capital to Hold

By Ryan Adsit

In a latest note to investors, a research analyst has provided a rating update for the Services sector company, DealNet Capital (TSXV: DLS). GMP FirstEnergy’s analyst Stephen Boland downgraded DLS to Hold on December 1 , with a C$0.15 price target.

According to TipRanks.com, Boland is ranked #4287 out of 4737 analysts.

DealNet Capital has an analyst consensus of Moderate Buy, with a price target consensus of C$0.20.

DealNet Capital’s market cap is currently C$25.31M and has a P/E ratio of 0.

DealNet Capital Corp. is an investment and merchant banking company. It operates through the following segments: Live Engagement BPO Services, Mobile Engagement Services and Consumer Financing.

The company’s shares closed on Friday at C$0.09, equals to its 52-week low of C$0.09.