Canada Research Roundup: Cenovus Energy, Topaz Energy, Western Copper and Gold

Advantage Energy

01/10/2024 12:51

Oct 1 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Cenovus Energy, Topaz Energy and Western Copper and Gold, on Tuesday. 
    
        HIGHLIGHTS   
  
                 * BCE Inc  BCE.TO : National Bank of Canada cuts target price to C$48 from C$52
 
                 * Cenovus Energy Inc  CVE.TO : TD Cowen cuts target price to C$31 from C$33
 
                 * Nuvista Energy Ltd  NVA.TO : TD Cowen cuts target price to C$16 from C$17
 
                 * Topaz Energy Corp  TPZ.TO : TD Cowen raises target price to C$28 from C$27
 
                 * Western Copper and Gold  WRN.TO : National Bank of Canada initiates coverage with outperform
 rating 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries
are in alphabetical order.     

                 * Advantage Energy Ltd  AAV.TO : TD Cowen cuts target price to C$13 from C$14
 
                 * ARC Resources Ltd  ARX.TO : TD Cowen cuts target price to C$30 from C$31
 
                 * Athabasca Oil Corp  ATH.TO : TD Cowen cuts target price to C$5.5 from C$6
 
                 * Baytex Energy Corp  BTE.TO : TD Cowen cuts target price to C$5.5 from C$6
 
                 * BCE Inc  BCE.TO : National Bank of Canada cuts target price to C$48 from C$52
 
                 * BCE Inc  BCE.TO : National Bank of Canada cuts to sector perform from outperform
 
                 * Birchcliff Energy Ltd  BIR.TO : TD Cowen cuts target price to C$5 from C$5.5
 
                 * Canadian Natural Resources Ltd  CNQ.TO : TD Cowen cuts target price to C$56 from C$60
 
                 * Cenovus Energy Inc  CVE.TO : TD Cowen cuts target price to C$31 from C$33
 
                 * Dolly Varden Silver Corp  DV.V : Raymond James raises PT to C$1.60 from C$1.25
 
                 * Metalla Royalty & Streaming  MTA.V : Canaccord Genuity initiates coverage with buy rating 
 
                 * Metalla Royalty & Streaming  MTA.V : Canaccord Genuity initiates coverage with PT C$7.25
 
                 * Nuvista Energy Ltd  NVA.TO : TD Cowen cuts target price to C$16 from C$17
 
                 * Peyto Exploration & Development Corp  PEY.TO : TD Cowen cuts PT to C$18 from C$19
 
                 * Prairiesky Royalty Ltd  PSK.TO : TD Cowen cuts target price to C$25 from C$26
 
                 * Strathcona Resources Ltd  SCR.TO : TD Cowen cuts PT to C$30 from C$34
 
                 * Suncor Energy Inc  SU.TO : TD Cowen raises target price to C$60 from C$59
 
                 * Topaz Energy Corp  TPZ.TO : TD Cowen raises target price to C$28 from C$27
 
                 * Vermilion Energy Inc  VET.TO : TD Cowen cuts target price to C$18 from C$20
 
                 * Western Copper and Gold  WRN.TO : National Bank of Canada initiates coverage with outperform
 rating 
 
                 * Western Copper and Gold  WRN.TO : National Bank of Canada initiates coverage with PT C$3.50
 
 

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