Canada Research Roundup: Canadian Tire Corporation, Franco-Nevada, WSP Global

Canadian Apartment Properties Real Estate Investment Trust

10/11/2023 07:24

Nov 10 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Canadian Tire Corporation, Franco-Nevada and WSP Global,
on Friday. 
    
    HIGHLIGHTS    
     * Airboss of America Corp  BOS.TO : CIBC cuts to underperformer from neutral
     * Altus Group Ltd  AIF.TO : National Bank of Canada cuts to sector perform from outperform
     * Canadian Tire Corporation  CTCa.TO : National Bank of Canada cuts PT to C$152 from C$166
     * Franco-Nevada Corp  FNV.TO : National Bank of Canada cuts PT to C$205 from C$210
     * WSP Global Inc  WSP.TO : Atb Capital Markets raises target price to C$210 from C$200
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Adentra Inc  ADEN.TO : National Bank of Canada cuts target price to C$47 from C$56
     * Airboss of America Corp  BOS.TO : CIBC cuts to underperformer from nerutal
     * Airboss of America Corp  BOS.TO : CIBC cuts target price to C$3.75 from C$6
     * Altus Group Ltd  AIF.TO : CIBC cuts target price to C$51.50 from C$58
     * Altus Group Ltd  AIF.TO : National Bank of Canada cuts target price to C$50 from C$65
     * Altus Group Ltd  AIF.TO : National Bank of Canada cuts to sector perform from outperform
     * Autocanada Inc  ACQ.TO : Atb Capital Markets cuts target price to C$62 from C$70
     * Autocanada Inc  ACQ.TO : CIBC cuts target price to C$22.50 from C$26
     * Bird Construction Inc  BDT.TO : CIBC raises target price to C$14.50 from C$12.50
     * Boralex Inc  BLX.TO : National Bank of Canada cuts target price to C$38 from C$39
     * Canadian Tire Corporation  CTCa.TO : Canaccord Genuity cuts PT to C$167 from C$172
     * Canadian Tire Corporation  CTCa.TO : CIBC cuts target price to C$153 from C$177
     * Canadian Tire Corporation  CTCa.TO : National Bank of Canada cuts PT to C$152 from C$166
     * Canadian Tire Corporation  CTCa.TO : RBC cuts target price to C$199 from C$205
     * Canadian Tire Corporation  CTCa.TO : TD Securities cuts target price to C$160 from C$185
     * Capreit  CAR_u.TO : CIBC cuts target price to C$50 from C$55
     * Capreit  CAR_u.TO : National Bank of Canada raises target price to C$53.5 from C$53
     * CCL Industries Inc  CCLb.TO : RBC cuts target price to C$72 from C$75
     * Choice Properties REIT  CHP_u.TO : CIBC cuts PT to C$15 from C$15.5
     * Cineplex Inc  CGX.TO : RBC raises target price to C$15 from C$14
     * Crombie Real Estate Investment Trust  CRR_u.TO : CIBC cuts PT to C$17 from C$18
     * Docebo Inc  DCBO.TO : Atb Capital Markets raises target price to C$95 from C$90
     * Docebo Inc  DCBO.TO : CIBC raises target price to C$68.50 from C$65
     * Dream Residential Real Estate Investment Trust  DRRu.TO : CIBC cuts PT to $9 from $10.50
     * Enerflex Ltd  EFX.TO : RBC cuts target price to C$12 from C$14
     * Franco-Nevada Corp  FNV.TO : National Bank of Canada cuts PT to C$205 from C$210
     * Granite Real Estate Investment Trust  GRT_u.TO : CIBC cuts PT to C$84 from C$93
     * Headwater Exploration Inc  HWX.TO : Stifel cuts target price to C$9.5 from C$9.75
     * High Liner Foods Inc  HLF.TO : RBC cuts target price to C$13 from C$15
     * Illumin  ILLM.TO : RBC cuts target price to C$2.5 from C$3
     * Innergex Renewable Energy  INE.TO : National Bank of Canada cuts PT to C$15.5 from C$16
     * Innergex Renewable Energy  INE.TO : RBC cuts target price to C$13 from C$16
     * Kelt Exploration Ltd  KEL.TO : National Bank of Canada cuts PT to C$8.75 from C$9.25
     * Quebecor Inc  QBRb.TO : National Bank of Canada raises target price to C$39 from C$38
     * Rogers Communications Inc  RCIb.TO : CIBC raises target price to C$69 from C$67
     * Rogers Communications Inc  RCIb.TO : RBC raises target price to C$71 from C$69
     * Smartcentres Real Estate Investment Trust  SRU_u.TO : CIBC cuts PT to C$30 from C$31
     * Softchoice Corp  SFTC.TO : CIBC raises target price to C$19 from C$17.50
     * Stelco Holdings Inc  STLC.TO : JP Morgan raises target price to C$45 from C$40
     * Suncor Energy Inc  SU.TO : RBC raises target price to C$53 from C$51
     * Tidewater Renewables Ltd  LCFS.TO : CIBC raises target price to C$15 from C$14
     * Verticalscope Holdings Inc  FORA.TO : RBC raises target price to C$13 from C$11
     * Western Forest Products Inc  WEF.TO : CIBC cuts target price to C$0.85 from C$1
     * WSP Global Inc  WSP.TO : Atb Capital Markets raises target price to C$210 from C$200
     * WSP Global Inc  WSP.TO : CIBC raises target price to C$208 from C$204
     * WSP Global Inc  WSP.TO : RBC raises target price to C$212 from C$210
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))