Canada Research Roundup: Alamos Gold, Canadian Utilities, Toromont Industries

Baytex Energy

29/04/2022 08:44

April 29 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Alamos Gold, Canadian Utilities and Toromont Industries, on
Friday. 
    
    HIGHLIGHTS    
     * Alamos Gold Inc  AGI.TO : National Bank of Canada raises to outperform from sector perform 
     * Canadian Utilities Ltd  CU.TO : RBC raises target price to C$41 from C$38 
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$125 from C$123 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

     * Alamos Gold Inc  AGI.TO : National Bank of Canada raises to outperform from sector perform 
     * Altagas Ltd  ALA.TO : RBC raises target price to C$33 from C$31 
     * Atco Ltd  ACOx.TO : CIBC raises target price to C$53 from C$52 
     * Atco Ltd  ACOx.TO : RBC raises target price to C$49 from C$47 
     * Baytex Energy Corp  BTE.TO : National Bank of Canada raises target to C$9.50 from C$8.75 
     * Canadian Utilities Ltd  CU.TO : RBC raises target price to C$41 from C$38 
     * Fairfax Financial Holdings  FFH.TO : National Bank of Canada ups PT to C$1,050 from C$1,000 
     * Imperial Oil Ltd  IMO.TO : Citigroup raises price target to C$69 from C$47 
     * Leucrotta Exploration Inc  LXE.V : RBC raises target price to C$2 from C$1.50 
     * Morguard North American Residential REIT  MRG_u.TO : RBC raises target to C$24 from C$23 
     * North American Construction Group Ltd  NOA.TO : CIBC cuts target price to C$22 from C$23 
     * Precision Drilling Corp  PD.TO : Atb Capital Markets raises target to C$133 from C$130 
     * Precision Drilling Corp  PD.TO : RBC raises target price to C$147 from C$135 
     * Precision Drilling Corp  PD.TO : Stifel GMP raises target price to C$142 from C$135 
     * Real Matters Inc  REAL.TO : Atb Capital Markets cuts target price to C$10 from C$11.50 
     * Secure Energy Services Inc  SES.TO : National Bank of Canada raises PT to C$9 from C$8 
     * Secure Energy Services Inc  SES.TO : RBC raises target price to C$9 from C$8.50 
     * Stingray Group Inc  RAYa.TO : CIBC raises target price to C$9.50 from C$8.50 
     * Teck Resources Ltd  TECKb.TO : Citigroup raises price target to C$58 from C$52 
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$125 from C$123 
     * Toromont Industries Ltd  TIH.TO : RBC raises target price to C$129 from C$126 
     * Vermilion Energy Inc  VET.TO : RBC raises target price to C$28 from C$26 
     * Whitecap Resources Inc  WCP.TO : RBC raises target price to C$14 from C$13 
    

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