Canada Research Roundup: Altius Minerals, Capital Power, Timbercreek Financial
April 23 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Altius Minerals, Capital Power and Timbercreek Financial, on Wednesday.
HIGHLIGHTS
* Altius Minerals Corp ALS.TO: TD Cowen raises target price to C$31 from C$28 * BRP Inc DOO.TO: UBS cuts target price to C$50 from C$64 * Capital Power Corp CPX.TO: BMO raises to outperform from market perform * Enbridge Inc ENB.TO: Raymond James raises target price to C$73 from C$67 * Timbercreek Financial Corp TF.TO: Canaccord Genuity initiates coverage with buy rating
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* Allied Gold Corp AAUC.TO: Canaccord Genuity raises target price to C$12 from C$8.5 * Altius Minerals Corp ALS.TO: TD Cowen raises target price to C$31 from C$28 * BRP Inc DOO.TO: UBS cuts target price to C$50 from C$64 * Capital Power Corp CPX.TO: BMO raises to outperform from market perform * Capital Power Corp CPX.TO: TD Cowen resumes coverage with buy rating * Capital Power Corp CPX.TO: TD Cowen resumes coverage with price target C$66 vs C$70 * Enbridge Inc ENB.TO: Raymond James raises target price to C$73 from C$67 * Goodfood market Corp FOOD.TO: Stifel cuts target price to C$0.20 from C$0.50 * Ivanhoe Mines IVN.TO: UBS cuts target price to C$17 from C$19 * Lundin Mining Corporation LUN.TO: UBS cuts target price to C$13.5 from C$14.5 * Patriot Battery Metals Inc PMET.TO: UBS cuts target price to C$3.6 from C$5.5 * Teck Resources Ltd TECKb.TO: UBS cuts target price to C$55 from C$67 * Timbercreek Financial Corp TF.TO: Canaccord Genuity initiates coverage with buy rating * Timbercreek Financial Corp TF.TO: Canaccord Genuity initiates coverage with PT C$8 * Triple Flag Precious Metals Corp TFPM.TO: BMO raises target price to C$33 from C$31 * Vermilion Energy Inc VET.TO: JP Morgan cuts target price to C$11 from C$10
(Compiled by Bengaluru Newsroom)
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