Canada Research Roundup: Canadian Pacific Railway, Hudbay Minerals, Tamarack Valley Energy

Bonterra Energy

31/03/2021 09:35

March 31 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Pacific Railway, Hudbay Minerals and Tamarack Valley
Energy, on Wednesday. 
    
    HIGHLIGHTS    
     * Canadian Pacific Railway  CP.TO : National Bank of Canada ups to outperform from sector perform
     * Hudbay Minerals Inc  HBM.TO : RBC raises to outperform from sector perform
     * Tamarack Valley Energy Ltd  TVE.TO : Canaccord Genuity cuts to hold from speculative buy
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.  
     * ARC Resources Ltd  ARX.TO : Canaccord Genuity raises target price to C$9.5 from C$9
     * Baytex Energy Corp  BTE.TO : Canaccord Genuity raises target price to C$1.5 from C$1.25
     * Bonterra Energy Corp  BNE.TO : Canaccord Genuity raises target price to C$3.50 from C$3
     * Canadian National Railway  CNR.TO : National Bank of canada raises PT to C$147 from C$137
     * Canadian Pacific Railway  CP.TO : National Bank of Canada ups to outperform from sector
 perform
     * Canadian Pacific Railway  CP.TO : National Bank of Canada raises PT to C$515 from C$490
     * Crescent Point Energy Corp  CPG.TO : Canaccord Genuity raises target to C$6.50 from C$6
     * Hudbay Minerals Inc  HBM.TO : Credit Suisse raises target price to C$12.5 from C$12
     * Hudbay Minerals Inc  HBM.TO : RBC raises to outperform from sector perform
     * Marathon Gold Corp  MOZ.TO : CIBC cuts target price to C$3.75 from C$4
     * Prairiesky Royalty Ltd  PSK.TO : Canaccord Genuity raises target to C$15 from C$13.5
     * Russel Metals Inc  RUS.TO : Scotiabank cuts to sector perform from sector outperform
     * Tamarack Valley Energy Ltd  TVE.TO : Canaccord Genuity cuts to hold from speculative buy
     * Tamarack Valley Energy Ltd  TVE.TO : Canaccord Genuity raises PT to C$2.50 from C$1.75
     * Uranium Royalty Corp  URC.V : Canaccord Genuity raises target price to C$2.5 from C$1.8
     * Whitecap Resources Inc  WCP.TO : Canaccord Genuity raises target to C$7.50 from C$7
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))