Canada Research Roundup: Boralex, Emera, Fairfax Financial Holdings

Bluestone Resources

20/09/2022 16:17

Sept 20 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Boralex, Emera and Fairfax Financial Holdings, on Tuesday. 
    
    HIGHLIGHTS    
     * Aritzia Inc  ATZ.TO : Stifel GMP initiates coverage with buy rating and target price C$57
     * Boralex Inc  BLX.TO : BMO raises target price to C$51 from C$50
     * Emera Inc  EMA.TO : BMO cuts target price to C$66 from C$69
     * Fairfax Financial Holdings  FFH.TO : Scotiabank raises target price to C$950 from C$860
     * TCP Energy Corp  TRP.TO : BMO cuts target price to C$70 from C$72
            
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Aritzia Inc  ATZ.TO : Stifel GMP initiates coverage with buy rating and target price C$57
     * Atco Ltd  ACOx.TO : BMO cuts target price to C$50 from C$51
     * Bluestone Resources Inc  BSR.V : Cormark Securities cuts target price to C$2 from C$2.5
     * Boralex Inc  BLX.TO : BMO raises target price to C$51 from C$50
     * Canadian Utilities Ltd  CU.TO : BMO cuts target price to C$38 from C$39
     * Emera Inc  EMA.TO : BMO cuts target price to C$66 from C$69
     * Enbridge Inc  ENB.TO : BMO cuts target price to C$60 from C$63
     * European Residential REIT  ERE_u.TO : Raymond James cuts target price to C$5 from C$5.25
     * Fairfax Financial Holdings  FFH.TO : Scotiabank raises target price to C$950 from C$860
     * Fortis Inc  FTS.TO : BMO cuts target price to C$60 from C$62
     * Gibson Energy Inc  GEI.TO : BMO cuts target price to C$25 from C$26
     * Hydro One Ltd  H.TO : BMO cuts target price to C$37 from C$38
     * Neo Performance Materials  NEO.TO : Canaccord Genuity cuts target price to C$18 from C$24
     * Pembina Pipeline Corp  PPL.TO : BMO cuts target price to C$54 from C$55
     * Petrus Resources Ltd  PRQ.TO : Stifel FirstEnergy raises target price to C$3.25 from C$3
     * Skeena Resources Ltd  SKE.TO : Scotiabank cuts target price to C$16.5 from C$17
     * TCP Energy Corp  TRP.TO : BMO cuts target price to C$70 from C$72
     * Verticalscope Holdings Inc  FORA.TO : National Bank of Canada cuts PT to C$19 from C$22
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))