Canada Research Roundup: Cargojet, Lundin Gold, Stella-Jones

ACT Energy Technologies

08/07/2024 08:03

July 8 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Cargojet, Lundin Gold and Stella-Jones, on Monday. 
    
    HIGHLIGHTS    
     * Cargojet Inc  CJT.TO : RBC raises target price to C$189 from C$182 
     * Lundin Gold Inc  LUG.TO : National Bank of Canada raises to outperform from sector perform
     * Stella-Jones Inc  SJ.TO : RBC cuts to sector perform from outperform 
      
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
        
     * Act Energy Technologies Ltd  ACX.TO : ATB Capital Markets adjusts PT to C$10.5 from C$1.5 to reflect stock consolidation
     * Cargojet Inc  CJT.TO : RBC raises target price to C$189 from C$182 
     * First Quantum Minerals Ltd  FM.TO : Jefferies raises target price to C$23 from C$19.50 
     * Lundin Gold Inc  LUG.TO : National Bank of Canada raises to outperform from sector perform
     * Lundin Gold Inc  LUG.TO : National Bank of Canada raises target to C$27.75 from C$25.25 
     * Rogers Communications Inc  RCIb.TO : CIBC cuts target price to C$76 from C$77 
     * Stella-Jones Inc  SJ.TO : RBC cuts to sector perform from outperform 
     * Teck Resources Ltd  TECKb.TO : Jefferies raises target price to C$85 from C$80 
     * Telus Corp  T.TO : CIBC cuts target price to C$25 from C$26 
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))