CANADA RESEARCH ROUNDUP: BlackBerry, Coastal Energy, 5N Plus

5N Plus

19/06/2013 18:30

June 19 (Reuters) - Securities analysts revised their ratings and price targets on several 
Canadian companies, including BlackBerry and Coastal Energy, on Wednesday.  
     
    HIGHLIGHTS     
    * BlackBerry  BB.TO : Bernstein cuts to underperform; target price to C$9.66 from C$14.49 
    * Coastal Energy  CEN.TO : CIBC cuts target to C$20 from C$24.50; rating sector outperformer 
    * 5N Plus  VNP.TO : LB Securities, Stonecap Securities raise target price on the stock 
         
Following is a summary of research actions on Canadian companies reported by Reuters on 
Wednesday. Stock entries are in alphabetical order. 
     
    * 5N Plus  VNP.TO : LB Securities raises target price to C$3.60 from C$3; rating buy 
    * 5N Plus  VNP.TO : Stonecap Securities raises target to C$2.10 from C$1.50; underperform  
    * Aurcana Corp  AUN.V : BMO starts with market perform (speculative); price target of C$2.50 
    * BlackBerry  BB.TO : Bernstein cuts to underperform from market perform 
    * BlackBerry  BB.TO : Bernstein cuts target price to C$9.66 from C$14.49 
    * Canadian Utilities  CU.TO : Barclays cuts target to $41 from $84; rating equal weight 
    * Coastal Energy  CEN.TO : CIBC cuts target to C$20 from C$24.50; rating sector outperformer 
    * easyhome  EH.TO : Paradigm Capital raises target price to C$15.50 from C$14; rating buy 
    * Petrominerales  PMG.TO : Credit Suisse raises target to C$6.50 from C$6.25; underperform 
    * Petrominerales  PMG.TO : Haywood raises price target to C$7.25 from C$7; rating hold 
    * TSO3  TOS.TO : Canaccord Genuity cuts target to C$2 from C$2.15; rating speculative buy 
 
 (Compiled by Eileen Anupa Soreng in Bangalore) 
 ((eileen.soreng@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. +91 80 6749 
6131)(Reuters messaging: eileen.soreng.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH CANADA/