Why Talisman Energy (TLM) Stock Is Retreating Today

NEW YORK (TheStreet) -- Shares of Talisman Energy Inc. (TLM) are lower by 2.36% to $8.70 in mid-afternoon trading on Monday, following a ratings downgrade to "hold" from "buy" at TD Securities.

The firm said it reduced its rating on the oil and gas producer as it is uncertain the company will be able to deliver on its plans for revealing shareholder value, the Financial Post reports.

TD Securities believes Talisman needs to deliver on a major transaction, such as spinning out a whole division, or a corporate sale in order to find shareholder value, the Post added.

The firm lowerede its price target on Talisman Energy to $10.50 from $14.

Separately, TheStreet Ratings team rates TALISMAN ENERGY INC as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:

"We rate TALISMAN ENERGY INC (TLM) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity."

You can view the full analysis from the report here: TLM Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

What To Sell: 3 Sell-Rated Dividend Stocks LINE, VNR, TLM

What To Sell: 3 Sell-Rated Dividend Stocks LINE, VNR, TLM

What To Sell: 3 Sell-Rated Dividend Stocks AGNC, TLM, IVR

10 Large-Cap Oil Stocks to Sell Immediately

'Mad Money' Lightning Round: Allegiant Travel Good, Spirit Airlines Better