The Globe and Mail reports in its Friday, March 7, edition that BMO Capital analyst Etienne Ricard commenced coverage on Sprott with an "outperform" recommendation and $75 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $64.83. Mr. Ricard says in a note: "Sprott is a differentiated alternative asset manager with a long-term track record for mid-single-digit net flows throughout precious metals cycles. Further, Sprott benefits from a scalable business model, generating significant free cash flow and supporting valuations north of 20 times earnings. With the stock offering long-term low-to-mid-teens annual return on investment prospects, we initiate coverage on SII at 'outperform.'" The Globe's guest columnist Philip MacKellar recommended buying Sprott on Oct. 9. Sprott shares could then be had for $59.95. The Globe reported on Jan. 21 that Canaccord Genuity analyst Matthew Lee had started coverage on Sprott with a "buy" recommendation. The shares could then be had for $61.14.