Canada Research Roundup: Athabasca Oil Corp, Stantec, Teck Resources Ltd

Baytex Energy

07/12/2023 07:21

Dec 7 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Athabasca Oil Corp, Stantec and Teck Resources Ltd, on Thursday. 
    
        HIGHLIGHTS    
  
    
                 * Athabasca Oil Corp  ATH.TO : RBC raises to outperform from sector
 perform
 
                 * Stantec Inc  STN.TO : Canaccord Genuity raises target price to
 C$110 from C$97
 
                 * Teck Resources Ltd  TECKb.TO : JP Morgan cuts target price to C$63
 from C$70
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. See bottom of the table for sector changes. 
     
                 * Athabasca Oil Corp  ATH.TO : RBC raises to outperform from sector perform
 
                 * Baytex Energy Corp  BTE.TO : Canaccord Genuity cuts target price to C$7.75
 from C$8
 
                 * Baytex Energy Corp  BTE.TO : Stifel cuts target price to C$7 from C$8.25
 
                 * D2L Inc  DTOL.TO : National Bank of Canada raises target price to C$12 from
 C$11
 
                 * Lundin Mining Corp  LUN.TO : Morgan Stanley raises target price to C$12.8
 from C$12.7
 
                 * Stantec Inc  STN.TO : Canaccord Genuity raises target price to C$110 from
 C$97
 
                 * Tamarack Valley Energy Ltd  TVE.TO : Canaccord Genuity cuts PT to C$5 from
 C$5.75
 
                 * Tamarack Valley Energy Ltd  TVE.TO : RBC cuts target price to C$4.50 from
 C$5.50
 
                 * Tamarack Valley Energy Ltd  TVE.TO : Stifel cuts target price to C$5 from
 C$6.25
 
                 * Teck Resources Ltd  TECKb.TO : JP Morgan cuts target price to C$63 from C$70
 
    

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