Canada Research Roundup: Enerplus, Rupert Resources, Tourmaline Oil

Argonaut Gold

21/05/2020 09:42

May 21 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Enerplus, Rupert Resources and Tourmaline Oil on Thursday. 
    
    HIGHLIGHTS    
     * Enerplus Corp  ERF.TO : CIBC raises target price to C$5 from C$4.50
     * Rupert Resources Ltd  RUP.V : Canaccord Genuity initiates with speculative buy
     * Tourmaline Oil Corp  TOU.TO : CIBC raises target price to C$17.50 from C$15
        
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday.
Stock entries are in alphabetical order. 
    
     * Argonaut Gold Inc  AR.TO : National Bank of Canada raises PT to C$3.50 from C$3.25
     * Aritzia Inc  ATZ.TO : RBC cuts target price to C$23 from C$27
     * Crescent Point Energy Corp  CPG.TO : CIBC raises target price to C$2.50 from C$2.25
     * Enerplus Corp  ERF.TO : CIBC raises target price to C$5 from C$4.50
     * Fortuna Silver Mines Inc  FVI.TO : CIBC raises target price to C$6.50 from C$4
     * Paramount Resources Ltd  POU.TO : Credit Suisse raises target price to C$1.75 from C$1.50
     * Peyto Exploration & Development Corp  PEY.TO : CIBC raises target price to C$2.50 from C$2
     * Rupert Resources Ltd  RUP.V : Canaccord Genuity initiates with speculative buy
     * Rupert Resources Ltd  RUP.V : Canaccord Genuity initiates with C$2.10 target price
     * Seven Generations Energy Ltd  VII.TO : CIBC raises target price to C$4 from C$3.75
     * Sienna Senior Living Inc  SIA.TO : RBC cuts target price to C$14.50 from C$15.50
     * Storm Resources Ltd  SRX.TO : CIBC raises target price to C$1.75 from C$1.50
     * Torc Oil & Gas Ltd  TOG.TO : CIBC raises target price to C$2 from C$1.50
     * Tourmaline Oil Corp  TOU.TO : CIBC raises target price to C$17.50 from C$15
     * Vermilion Energy Inc  VET.TO : CIBC raises target price to C$7 from C$6
 

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