Canada Research Roundup: Canadian National Railway, Hammerhead Energy, Spin Master

Andlauer Healthcare

05/05/2023 08:17

May 5 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian National Railway, Hammerhead Energy, and Spin Master, on
Friday. 

    HIGHLIGHTS   
                 * Canadian National Railway Co  CNR.TO : CIBC raises to outperformer from neutral 
 
                 * Hammerhead Energy Inc  HHRS.TO : CIBC initiates with outperformer rating
 
                 * Spin Master Corp  TOY.TO : CIBC raises to outperformer from neutral 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

                 * Air Canada  AC.TO : Atb Capital Markets raises target price to C$38 from C$31 
 
                 * Air Canada  AC.TO : CIBC raises target price to C$31 from C$30 
 
                 * Air Canada  AC.TO : RBC raises target price to C$22 from C$20 
 
                 * Akita Drilling Ltd  AKTa.TO : Atb Capital Markets cuts target price to C$3.75 from
 C$4.75 
 
                 * Altus Group Ltd  AIF.TO : CIBC cuts target price to C$58 from C$62 
 
                 * Altus Group Ltd  AIF.TO : National Bank of Canada cuts target price to C$65 from C$75 
 
                 * Andlauer Healthcare Group  AND.TO : CIBC cuts target price to C$50 from C$54 
 
                 * Andlauer Healthcare Group  AND.TO : National Bank of Canada cuts PT to C$58.75 from
 C$60 
 
                 * Andlauer Healthcare Group  AND.TO : RBC cuts target price to C$51 from C$53 
 
                 * Arc Resources Ltd  ARX.TO : Atb Capital Markets raises target price to C$21.5 from C$21
 
                 * Autocanada Inc  ACQ.TO : Atb Capital Markets cuts target price to C$65 from C$80 
 
                 * Autocanada Inc  ACQ.TO : Canaccord Genuity cuts target price to C$18 from C$26 
 
                 * Autocanada Inc  ACQ.TO : CIBC cuts target price to C$22 from C$27 
 
                 * Autocanada Inc  ACQ.TO : National Bank of Canada cuts target price to C$18 from C$26 
 
                 * Badger Infrastructure Solutions Ltd  BDGI.TO : CIBC cuts target price to C$33 from C$36
 
                 * BCE Inc  BCE.TO : TD Securities raises target price to C$65 from C$64 
 
                 * Canadian National Railway Co  CNR.TO : CIBC raises target price to C$185 from C$175 
 
                 * Canadian National Railway Co  CNR.TO : CIBC raises to outperformer from neutral 
 
                 * Canadian Natural Resources  CNQ.TO : National Bank of Canada cuts PT to C$105 from
 C$110 
 
                 * Canfor Corp  CFP.TO : CIBC cuts target price to C$27 from C$28 
 
                 * Canfor Corp  CFP.TO : RBC cuts target price to C$2 from C$30 
 
                 * Hammerhead Energy Inc  HHRS.TO : CIBC initiates with outperformer rating
 
                 * Hammerhead Energy Inc  HHRS.TO : CIBC initiates with price target C$17 
 
                 * IGM Financial Inc  IGM.TO : Scotiabank cuts target price to C$47 from C$49 
 
                 * Information Services Corp  ISV.TO : RBC cuts target price to C$25 from C$26 
 
                 * Jamieson Wellness Inc  JWEL.TO : RBC raises target price to C$42 from C$41 
 
                 * Jamieson Wellness Inc  JWEL.TO : Scotiabank raises target price to C$39 from C$38.50 
 
                 * Killam Apartment REIT  KMP_u.TO : CIBC raises target price to C$22 from C$21.5 
 
                 * Killam Apartment REIT  KMP_u.TO : RBC raises target price to C$23 from C$22 
 
                 * Kinaxis Inc  KXS.TO : Atb Capital Markets raises target price to C$220 from C$210 
 
                 * Lundin Mining Corp  LUN.TO : RBC raises target price to C$12 from C$11 
 
                 * Spin Master Corp  TOY.TO : CIBC raises target price to C$47 from C$42 
 
                 * Spin Master Corp  TOY.TO : CIBC raises to outperformer from neutral 
 
                 * Telus Corp  T.TO : Canaccord Genuity cuts target price to C$32 from C$33 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))