Canada Research Roundup: ATS, MEG Energy, Stelco Holdings

ATS

23/05/2023 12:35

May 23 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including ATS, MEG Energy and Stelco Holdings, on Tuesday. 
    
    HIGHLIGHTS   
     
     * ATS Corp  ATS.TO : Scotiabank raises target price to C$71 from C$67
     * MEG Energy Corp  MEG.TO : Scotiabank raises to sector outperform from sector perform
     * Stelco Holdings Inc  STLC.TO : JP Morgan initiates coverage with neutral rating and C$48 PT
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * ATS Corp  ATS.TO : Scotiabank raises target price to C$71 from C$67
     * Gogold Resources Inc  GGD.TO : Eight Capital cuts target price to C$4.5 from C$5
     * MEG Energy Corp  MEG.TO : Scotiabank raises to sector outperform from sector perform
     * Pet Valu Holdings Ltd  PET.TO : Eight Capital initiates with buy rating; target C$47
     * Power Corporation of Canada  POW.TO : Barclays raises target price to C$40 from C$39
     * Stelco Holdings Inc  STLC.TO : JP Morgan initiates coverage with neutral rating and C$48 PT
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))