Canada Research Roundup: Aecon Group, Bank of Montreal, Scotiabank

AKITA Drilling

02/03/2022 07:19

March 2 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Aecon Group, Bank of Montreal and Scotiabank, on Wednesday. 
    
    HIGHLIGHTS    
     * Aecon Group Inc  ARE.TO : National Bank of Canada cuts to sector perform from outperform
     * Bank of Montreal  BMO.TO : CIBC raises target price to C$160 from C$158
     * Pembina Pipeline Corp  PPL.TO : CIBC raises to outperformer from neutral
     * Scotiabank  BNS.TO : CIBC cuts target price to C$103 from C$105
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     * Aecon Group Inc  ARE.TO : National Bank of Canada cuts to sector perform from outperform
     * Aecon Group Inc  ARE.TO : National Bank of Canada cuts target price to C$18 from C$21
     * Aecon Group Inc  ARE.TO : RBC cuts target price to C$18 from C$20
     * Akita Drilling  AKTa.TO : Atb Capital Markets raises target price to C$2.40 from C$1.60
     * Bank of Montreal  BMO.TO : CIBC raises target price to C$160 from C$158
     * Bank of Montreal  BMO.TO : RBC raises target price to C$164 from C$160
     * Boralex Inc  BLX.TO : CIBC raises target price to C$45 from C$42
     * Canfor Pulp Products Inc  CFX.TO : RBC cuts target price to C$7 from C$8
     * Ensign Energy Services Inc  ESI.TO : Atb Capital Markets raises PT to C$5.50 from C$4.75
     * Pembina Pipeline Corp  PPL.TO : Atb Capital market raises target price to C$48 from C$46
     * Pembina Pipeline Corp  PPL.TO : CIBC raises to outperformer from neutral
     * Pembina Pipeline Corp  PPL.TO : CIBC raises price target to C$48 from C$45
     * Precision Drilling  PD.TO : Atb Capital Markets raises target price to C$112 from C$98
     * Scotiabank  BNS.TO : CIBC cuts target price to C$103 from C$105
     * Spin Master Corp  TOY.TO : TD Securities raises target price to C$60 from C$58
     * Topaz Energy Corp  TPZ.TO : RBC raises target price to C$25 from C$22.50
    

 (Compiled by Bengaluru Newsroom)
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