Canada Research Roundup: Corus Entertainment, Orla Mining, TMX Group

Bonterra Energy

15/12/2023 06:55

Dec 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Corus Entertainment, Orla Mining and TMX Group, on Friday. 
    
        HIGHLIGHTS    
  
     * Corus Entertainment  CJRb.TO : National Bank of Canada raises to outperform from sector perform
     * Orla Mining Ltd  OLA.TO : RBC initiates coverage with outperform rating; PT C$6
     * TMX Group Ltd  X.TO : CIBC raises target price to C$34 from C$32
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries
are in alphabetical order. See bottom of the table for sector changes. 
     
     * Bonterra Energy Corp  BNE.TO : Stifel cuts target price to C$8.50 from C$10.25
     * Corus Entertainment  CJRb.TO : National Bank of Canada raises to outperform from sector perform
     * Empire Company Ltd  EMPa.TO : CIBC cuts target price to C$42 from C$44
     * Empire Company Ltd  EMPa.TO : National Bank of Canada cuts PT to C$42 from C$44
     * Empire Company Ltd  EMPa.TO : RBC cuts target price to C$49 from C$50
     * Orla Mining Ltd  OLA.TO : RBC initiates coverage with outperform rating; PT C$6
     * Snowline Gold Corp  SGD.V : CIBC initiates coverage with outperformer rating; PT C$7.5
     * TMX Group Ltd  X.TO : CIBC raises target price to C$34 from C$32
     * Transat AT Inc  TRZ.TO : National Bank of Canada raises target price to C$3.25 from C$3
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))