Canada Research Roundup: Cargojet, Equinox Gold, Tourmaline

Advantage Energy

13/01/2023 07:16

Jan 13 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Cargojet, Equinox Gold and Tourmaline, on Friday. 
    HIGHLIGHTS    
     * ARC Resources  ARX.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$22.50
     * Canadian Natural Resources  CNQ.TO : Stifel FirstEnergy resumes with buy rating; PT C$97
     * Cargojet Inc  CJT.TO : ATB Capital Markets cuts target price to C$185 from C$200
     * Equinox Gold Corp  EQX.TO : CIBC cuts to underperform from neutral
     * Tourmaline Oil Corp  TOU.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$82
 Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     * Advantage Energy  AAV.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$14.25
     * Alamos Gold Inc  AGI.TO : CIBC raises target price to C$17.5 from C$15
     * ARC Resources  ARX.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$22.50
     * Birchcliff Energy Ltd  BIR.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$9.75
     * Bird Construction Inc  BDT.TO : ATB Capital Markets raises target price to C$11 from C$10
     * Canadian Natural Resources  CNQ.TO : Stifel FirstEnergy resumes with buy rating; PT C$97
     * Cargojet Inc  CJT.TO : Atb Capital Markets cuts target price to C$185 from C$200
     * Crew Energy Inc  CR.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$8
     * Equinox Gold Corp  EQX.TO : CIBC cuts target price to C$4.2 from C$4.4
     * Equinox Gold Corp  EQX.TO : CIBC cuts to underperform from neutral
     * Filo Mining Corp  FIL.TO : TD Securities raises target price to C$32 from C$31
     * Gear Energy Ltd  GXE.TO : Stifel FirstEnergy resumes coverage with hold rating; PT C$1.15
     * Intact Financial Corp  IFC.TO : RBC raises target price to C$231 from C$225
     * International Petroleum  IPCO.TO : Stifel FirstEnergy resumes with buy rating; PT C$21
     * Journey Energy Inc  JOY.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$7
     * Kelt Exploration Ltd  KEL.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$6.5
     * Organigram Holdings Inc  OGI.TO : Alliance Global Partners cuts PT to C$1.3 from C$1.5
     * Perpetual Energy  PMT.TO : Stifel FirstEnergy resumes coverage with hold rating; PT C$0.70
     * Peyto Exploration & Development  PEY.TO : Stifel FirstEnergy resumes with buy rating; PT C$18
     * Prairiesky Royalty  PSK.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$25
     * Rubellite Energy Inc  RBY.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$2.2
     * Surge Energy Inc  SGY.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$10.25
     * Topaz Energy Corp  TPZ.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$24.5
     * Torex Gold Resources Inc  TXG.TO : CIBC raises target price to C$18.5 from C$16.5
     * Tourmaline Oil Corp  TOU.TO : CIBC cuts target price to C$85 from C$100
     * Tourmaline Oil Corp  TOU.TO : Stifel FirstEnergy resumes coverage with buy rating; PT C$82
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))