Canada Research Roundup: Baytex Energy Corp, Imperial Oil, Prairiesky Royalty

Baytex Energy

17/09/2024 09:05

Sept 17 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Baytex Energy Corp, Imperial Oil and Prairiesky Royalty,
on Tuesday.

        HIGHLIGHTS    
                 * Baytex Energy Corp  BTE.TO : RBC cuts target price to C$5.5 from C$6.5
 
                 * Canadian Natural Resources Ltd  CNQ.TO : RBC cuts target price to C$59 from C$62
 
                 * Imperial Oil  IMO.TO : RBC cuts target price to C$99 from C$108
 
                 * Prairiesky Royalty Ltd  PSK.TO : RBC raises to outperform from sector perform
 
                 * Suncor Energy Inc  SU.TO : RBC cuts target price to C$64 from C$67
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
                 * Athabasca Oil Corp  ATH.TO : RBC cuts target price to C$5.5 from C$6
 
                 * Baytex Energy Corp  BTE.TO : RBC cuts target price to C$5.5 from C$6.5
 
                 * Canadian Natural Resources Ltd  CNQ.TO : RBC cuts target price to C$59 from C$62
 
                 * Cardinal Energy Ltd (Alberta)  CJ.TO : RBC cuts target price to C$7 from C$8
 
                 * Cenovus Energy Inc  CVE.TO : RBC cuts target price to C$29 from C$33
 
                 * Gran Tierra Energy Inc  GTE.TO : RBC cuts target price to C$10 from C$11
 
                 * Imperial Oil  IMO.TO : RBC cuts target price to C$99 from C$108
 
                 * MEG Energy Corp  MEG.TO : RBC cuts target price to C$35 from C$39
 
                 * Obsidian Energy Ltd  OBE.TO : RBC cuts target price to C$13 from C$15
 
                 * Parex Resources Inc  PXT.TO : RBC cuts target price to C$15 from C$17
 
                 * Parkland Corp  PKI.TO : JP Morgan cuts target price to C$53 from C$54
 
                 * Prairiesky Royalty Ltd  PSK.TO : RBC raises target price to C$33 from C$31
 
                 * Prairiesky Royalty Ltd  PSK.TO : RBC raises to outperform from sector perform
 
                 * Strathcona Resources Ltd  SCR.TO : RBC cuts target price to C$34 from C$37
 
                 * Suncor Energy Inc  SU.TO : RBC cuts target price to C$64 from C$67
 
                 * Vermilion Energy Inc  VET.TO : RBC cuts target price to C$17 from C$20
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))