Canada Research Roundup: Birchcliff Energy, Imperial Oil, Tamarack Valley Energy

Baytex Energy

17/01/2025 07:21

Jan 17 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Birchcliff Energy, Imperial Oil and Tamarack Valley Energy
on Friday. 
    
    HIGHLIGHTS   
                 * Birchcliff Energy Ltd  BIR.TO : CIBC raises target price to C$6 from C$5.75
 
                 * Imperial Oil  IMO.TO : CIBC raises target price to C$108 from C$105
 
                 * Tamarack Valley Energy Ltd  TVE.TO : CIBC raises target price to C$6.5 from C$5.75
 
            
  
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
   
                 * Advantage Energy Ltd  AAV.TO : CIBC raises target price to C$11.5 from C$11
 
                 * ARC Resources Ltd  ARX.TO : CIBC raises target price to C$35 from C$34
 
                 * Baytex Energy Corp  BTE.TO : CIBC cuts target price to C$5 from C$6
 
                 * Birchcliff Energy Ltd  BIR.TO : CIBC raises target price to C$6 from C$5.75
 
                 * Imperial Oil  IMO.TO : CIBC raises target price to C$108 from C$105
 
                 * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$11.5 from C$10
 
                 * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$19.5 from C$18
 
                 * Peyto Exploration & Development Corp  PEY.TO : CIBC raises PT to C$17.5 from C$17
 
                 * Strathcona Resources Ltd  SCR.TO : CIBC raises target price to C$37 from C$35
 
                 * Tamarack Valley Energy Ltd  TVE.TO : CIBC raises target price to C$6.5 from C$5.75
 
                 * Topaz Energy Corp  TPZ.TO : CIBC raises target price to C$32 from C$31
 
                 * Tourmaline Oil  TOU.TO : CIBC raises target price to C$80 from C$75
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))