Canada Research Roundup: Alamos Gold, Kinross Gold, Toromont Industries

Brookfield Business Partners LP

30/07/2021 08:29

July 30 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Alamos Gold, Kinross Gold and Toromont Industries, on Friday. 
    
    
  HIGHLIGHTS
     * Alamos Gold Inc  AGI.TO : Laurentian Bank Securities cuts target price to C$14.25
     * Kinross Gold Corp  K.TO : National Bank of Canada raises to outperform from sector perform
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$109 from C$106
    
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     
     * Alamos Gold Inc  AGI.TO : Laurentian Bank Securities cuts target price to C$14.25
     * Alamos Gold Inc  AGI.TO : TD Securities cuts target price to C$15.50 from C$16
     * Alaris Equity Partners Income Trust  AD_u.TO : Scotiabank raises PT to C$21 from C$20
     * Altagas Ltd  ALA.TO : CIBC raises target price to C$29 from C$28
     * Altagas Ltd  ALA.TO : National Bank of Canada raises target price to C$29 from C$26
     * Atco Ltd  ACOx.TO : CIBC raises target price to C$50 from C$49
     * Atco Ltd  ACOx.TO : RBC raises price target to C$47 from C$46
     * Calfrac Well Services  CFW.TO : Atb Capital Markets cuts target price to C$5 from C$5.50
     * Canadian Pacific Railway Ltd  CP.TO : CIBC raises target price to C$106 from C$105
     * Canadian Utilities Ltd  CU.TO : CIBC raises target price to C$38 from C$37
     * Canadian Utilities Ltd  CU.TO : RBC raises price target to C$38 from C$37
     * Cenovus Energy Inc  CVE.TO : JP Morgan raises target price to C$15 from C$14.50
     * Cenovus Energy Inc  CVE.TO : RBC raises target price to C$16 from C$15
     * Element Fleet Management Corp  EFN.TO : CIBC cuts target price to C$15.50 from C$16
     * Fairfax Financial Holdings  FFH.TO : National Bank of Canada raises PT to C$775 from C$750
     * Fortis Inc  FTS.TO : CIBC raises target price to C$59 from C$58
     * Fortis Inc  FTS.TO : National Bank of Canada cuts target price to C$59 from C$60
     * Gfl Environmental Inc  GFL.TO : CIBC raises target price to C$48 from C$47
     * Ia Financial Corporation  IAG.TO : Canaccord Genuity raises PT to C$83.50 from C$81.50
     * Ia Financial Corporation  IAG.TO : National Bank of Canada raises PT to C$80 from C$76
     * Kinross Gold Corp  K.TO : Canaccord Genuity cuts target price to C$12.50 from C$13.50
     * Kinross Gold Corp  K.TO : National Bank of Canada raises to outperform from sector perform
     * Metro Inc  MRU.TO : National Bank of Canada raises target price to C$66 from C$65
     * Morguard North American Residential REIT  MRG_u.TO : CIBC raises PT to C$21 from C$20
     * Stingray Group Inc  RAYa.TO : RBC raises price target to C$10 from C$9
     * Suncor Energy Inc  SU.TO : JP Morgan cuts target price to C$31 from C$32
     * Suncor Energy Inc  SU.TO : National Bank of Canada cuts target price to C$36 from C$41
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$109 from C$106
     * Whitecap Resources Inc  WCP.TO : National Bank of Canada raises PT to C$10 from C$9.50
    

 (Compiled by Bengaluru Newsroom)
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