The Globe and Mail reports in its Friday, Nov. 7, edition that TD Cowen analyst Graham Ryding continues to rate Sprott "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. Ryding gave his share target a $5 boost to $130. Analysts on average target the shares at $103.50. Mr. Ryding says in a note: "AUM growth and flows in the quarter were very strong, but broadly in-line with expectations. Growth post quarter has been better than expected. Adjusted EBITDA (margins) were better than expected (excludes share based compensation), albeit adjusted EPS missed due to elevated share based compensation. We have increased our estimates. Valuation remains fair and we maintain our 'hold' rating." The Globe reported on July 23 that Mr. Ryding had lowered his recommendation for Sprott to "hold" from "buy" citing valuation concerns after the stock's 71-per-cent rally this year. Sprott shares could then be had for $98.37. The Globe reported on Sept. 19 that BMO Capital analyst Etienne Ricard continued to rate Sprott "outperform." The shares were then going for $99.28.