Alliance Atlantis Communications Inc
(TSE AAC.B...NSDQ AACB)
Updated Jan 15, 2007
*************************
*****
*******
Alliance Atlantis is one of Canada's most dynamic television broadcasters, with controlling ownership of thirteen Canadian specialty television channels - Showcase, Life Network, FineLiving, History Television, HGTV Canada, Food Network, Showcase Action, Showcase Diva, National Geographic Channel, BBC Canada, BBC Kids, Discovery Health Channel and IFC.
Alliance Atlantis co-owns, co-produces and distributes worldwide (excluding the U.S.) the very popular CSI franchise, which includes CSI: Crime Scene Investigation, its spin-off, CSI: Miami, and the newest addition to the franchise, CSI: NY.
Outside of the CSI franchise, Alliance Atlantis also acquires and distributes television programs to Canadian, American and international broadcasters, home video distributors and sub distributors, and produces a handful of in-house productions that align with the content needs of the Company's broadcast channels.
It holds a 51% limited partnership interest in Motion Picture Distribution LP, the largest distributor of motion pictures in Canada
Recent News:
Alliance Atlantis Communications Inc. exploring strategic alternatives
Scott Cuthbertson ....... TD Securities Jan 15, 2007
Downgraded to HOLD from ACTION LIST BUY
Price Target reduced to $53.00 from $55.00C
AAC.B Price day before: $52.10 Finish day of posting:$52.00Current:$52.00
--------Dec 21, 2006-----
Maintained ACTION LIST BUY
Price Target raised to $55.00 from $46.00C
AAC.B Price day before: $49.00 Finish day of posting:$50.05Current:$52.00
------Oct 30, 2006------
Maintained ACTION LIST BUY
Price Target raised to $46.00 from $44.00C (Target Hit Dec 20, 2006)
AAC.B Price day before: $38.27 Finish day of posting:$38.89Current:$52.00
------Oct 23, 2006------
Maintained ACTION LIST BUY
Price Target raised to $44.00 from $42.00C (Target Hit Dec 20, 2006)
AAC.B Price day before: $36.01 Finish day of posting:$37.21Current:$52.00
-----Aug 14, 2006-----
Maintained ACTION LIST BUY
Price Target reduced to $42.00 from $43.00C (Target Hit Dec 19, 2006)
AAC.B Price day before: $32.22 Finish day of posting:$32.80Current:$52.00
-----Mar 06, 2006----
Maintained BUY
Price Target raised to $44.00 from $39.00C (Target Hit)
AAC.B Price day before: $33.66 Finish day of posting:$34.45Current:$52.00
-------Oct 03, 2005----
Downgraded to HOLD from BUY
Price Target $35.00C (Target Hit Nov 14, 2005)
AAC.B Price day before: $32.10 Finish day of posting:$32.20Current:$52.00
-------July 27, 2005------
Maintained BUY
Price Target $35.00C (Target Hit Nov 14, 2005)
AAC.B Price day before: $31.80 Finish day of posting:$31.11Current:$52.00
--------Apr 01, 2005---------
Maintained BUY
Price Target reduced to $35.00 from $45.00C (Target Hit Nov 14, 2005)
AACB Price day before: $24.76 Finish day of posting:$24.84Current:$22.80US
AAC.B Price day before: $29.97 Finish day of posting:$30.25Current:$52.00
-------Feb 24, 2005------
Maintained BUY
Price Target raised to $45.00 from $37.00C
AACB Price day before: $29.04 Finish day of posting:$29.11Current:$22.80US
AAC.B Price day before: $35.85 Finish day of posting:$35.63Current:$52.00
------Dec 02, 2004----
Maintained BUY
Price Target raised to $37.00 from $35.00C
AACB Price day before: $26.00 Finish day of posting:$25.73Current:$22.80US
AAC.B Price day before: $30.87 Finish day of posting:$30.80Current:$52.00
---------Nov 17, 2004--------
Maintained BUY
Price Target raised to $35.00 from $32.00C (Hit Target Feb 15, 2005)
AACB Price day before: $24.48 Finish day of posting:$24.90Current:$22.80US
AAC.B Price day before: $29.38 Finish day of posting:$29.70Current:$52.00
---------Sept 29, 2004-------
Maintained BUY
Price Target raised to $32.00 from $30.00C (Hit Target Nov 15, 2004)
AACB Price day before: $21.36 Finish day of posting:$21.56Current:$22.80US
AAC.B Price day before: $27.19 Finish day of posting:$27.29Current:$52.00
--------Aug 31, 2004--------
Maintained BUY
Price Target $30.00 (Hit Target Nov 15, 2004)
AACB Price day before: $18.55 Finish day of posting:$18.90Current:$22.80US
AAC.B Price day before: $24.37 Finish day of posting:$24.90Current:$52.00
-------June 04, 2004--------
Maintained BUY
Price Target $30.00 (Hit Target Nov 15, 2004)
AACB Price day before: $18.55 Finish day of posting:$19.48Current:$22.80US
AAC.B Price day before: $25.30 Finish day of posting:$26.19Current:$52.00
---------Dec 11, 2003--------
Maintained BUY
Price Target reduced to $24.00 from $26.00 (Hit Target Mar 17, 2004)
AAC.B Price day before: $20.00 Finish day of posting:$20.30Current:$52.00
--------Nov 25, 2003----------
Maintained BUY
Price Target $26.00 (Hit Target June 04, 2004)
AAC.B Price day before: $21.12 Finish day of posting:$20.43Current:$52.00
---------June10, 2003---------
Maintained BUY
Price Target raised to $26.00 from $21.50 (Hit Target June 04, 2004)
AAC.B Price day before: $18.79 Finish day of posting:$19.25Current:$52.00
--------June 02, 2003-------
Maintained BUY
Price Target raised to $21.50 from $19.00 (Hit Target August 15, 2003)
AAC.B Price day before: $17.50 Finish day of posting:$18.65Current:$52.00
--------May 05, 2003---------
Maintained BUY
Price Target raised to $19.00 from $18.00 (Hit Target June 02, 2003)
AAC.B Price day before: $13.63 Finish day of posting:$14.42Current:$52.00
***************
Carl Bayard ....... Desjardins Securities .Jan 11, 2007
Moved to TENDER
Price Target reduced to $53.00 from $60.00C
AAC.B Price day before: $53.61 Finish day of posting:$52.10Current:$52.00
------Dec 21, 2006-----
Maintained TOP PICK
Price Target raised to $60.00 from $46.00C
AAC.B Price day before: $49.00 Finish day of posting:$50.05Current:$52.00
------Aug 14, 2006--------
Maintained TOP PICK
Price Target reduced to $43.00 from $44.00C (Target Hit Dec 20, 2006)
AAC.B Price day before: $32.22 Finish day of posting:$32.80Current:$52.00
------July 21, 2006-------
Maintained TOP PICK
Price Target reduced to $44.00from $45.50C (Target Hit)
AAC.B Price day before: $34.45 Finish day of posting:$33.50Current:$52.00
--------July 20, 2006----------
Maintained TOP PICK
Price Target placed under review
AAC.B Price day before: $35.35 Finish day of posting:$34.45Current:$52.00
-----July 17, 2006----
Maintained TOP PICK
Price Target raised to $45.50 from $44.00C (Target Hit)
AAC.B Price day before: $34.55 Finish day of posting:$35.14Current:$52.00
------June 16, 2006-----
Upgraded to TOP PICK from BUY
Price Target $44.00C (Target Hit)
AAC.B Price day before: $31.50 Finish day of posting:$31.73Current:$52.00
-----Dec 19, 2005----
Maintained TOP PICK
Price Target raised to $41.00 from $40.00C (Target Hit)
AAC.B Price day before: $35.00 Finish day of posting:$34.00Current:$52.00
------Aug 26, 2005------
Upgraded to TOP PICK from BUY
Price Target raised to $37.00 from $35.00C(Target Hit Apr 13, 2006)
AAC.B Price day before: $29.19 Finish day of posting:$29.19Current:$52.00
-------Aug 12, 2005--------
Maintained BUY
Price Target $35.00C (Target Hit Mar 07, 2006)
AAC.B Price day before: $30.35 Finish day of posting:$30.51Current:$52.00
*************************
Andrew Mitchell ....... Scotia Capital .Dec 21, 2006
Maintained SECTOR OUTPERFORM
Price Target raised to $58.50 from $46.50C
AAC.B Price day before: $49.00 Finish day of posting:$50.05Current:$52.00
--------Nov 26, 2004---------
Maintained SECTOR OUTPERFORM
Price Target raised to $39.00 from $34.00C
AAC.B Price day before: $30.80 Finish day of posting:$30.81Current:$52.00
--------Nov 25, 2003-------
Maintained SECTOR OUTPERFORM
Price Target $30.50 (Hit Target Nov 11, 2004)
EPS est 2004: $1.20 ...2005: $2.20
AAC.B Price day before: $23.14 Finish day of posting:$23.37Current:$52.00
************
?....... CIBC World Markets .Dec 21, 2006
Price Target raised to $50.00 from $42.00C
AAC.B Price day before: $49.00 Finish day of posting:$50.05Current:$52.00
************
Tim Casey ....... BMO Capital Markets Dec 21, 2006
Downgraded to MARKET PERFORM from OUTPERFORM
Price Target raised to $50.00 from $45.00C
AAC.B Price day before: $49.00 Finish day of posting:$50.05Current:$52.00
----------Oct 20, 2006-----
Upgraded to OUTPERFORM from MARKET PERFORM
Price Target raised to $42.00 from $36.00C (Target Hit Dec 19, 2006)
AAC.B Price day before: $35.49 Finish day of posting:$36.01Current:$52.00
***************
Manolis Liodakis PhD ............Citigroup .Dec 05, 2006
Upgraded to ATTRACTIVE 1 from ATTRACTIVE 3
AAC.B Price day before:$40.67Finish day posting$40.70Current:$52.00
------Nov 17, 2006------
Upgraded to ATTRACTIVE 3 from ATTRACTIVE 7
AAC.B Price day before:$39.87Finish day posting$39.93Current:$52.00
-------Nov 03, 2006-----
Downgraded to ATTRACTIVE 7 from ATTRACTIVE 2
AAC.B Price day before:$37.13Finish day posting$37.22Current:$52.00
-------Oct 16, 2006----------
Upgraded to ATTRACTIVE 2 from ATTRACTIVE 4
AAC.B Price day before:$35.14Finish day posting$35.18Current:$52.00
-------Oct 04, 2006-----
Upgraded to ATTRACTIVE 4 from ATTRACTIVE 7
AAC.B Price day before:$34.75Finish day posting$34.95Current:$52.00
***********
Adam Shine ....... National Bank Financial Oct 20, 2006
Upgraded to OUTPERFORM from SECTOR PERFORM
Price Target raised to $40.50 from $35.00C (Target Hit Nov 21, 2006)
AAC.B Price day before: $35.49 Finish day of posting:$36.01Current:$52.00
------Aug 01, 2006------
Maintained OUTPERFORM
Price Target reduced to $35.00 from $39.00C (Target Hit Sept 19, 2006)
AAC.B Price day before: $32.15 Finish day of posting:$32.14Current:$52.00
-------May 29, 2004------
Maintained OUTPERFORM
Price Target $29.00C (Hit Target Oct 08, 2004)
AACB Price day before: $17.94 Finish day of posting:$17.58Current:$22.80US
AAC.B Price day before: $23.96 Finish day of posting:$24.71Current:$52.00
------Mar 18, 2004------
Maintained OUTPERFORM
Price Target raised to $29.00 from $28.00 (Hit Target Oct 08, 2004)
AAC.B Price day before: $24.15 Finish day of posting:$24.25Current:$52.00
------August 26, 2003-------
Maintained OUTPERFORM
Price Target $28.00 (Hit Target Oct 01, 2004)
AAC.B Price day before: $22.25 Finish day of posting:$22.55Current:$52.00
-------June 02, 2003---------
Maintained OUTPERFORM
Price Target raised to $28.00 from $25.00 (Hit Target Oct 01, 2004)
AAC.B Price day before: $17.50 Finish day of posting:$18.65Current:$52.00
***************
....... RBC Capital Markets .Aug 22, 2006
New OUTPERFORM
Price Target $39.00 (Target Hit Oct 30, 2006)
AAC.B Price day before: $33.87 Finish day of posting:$33.18Current:$52.00
**********