Canada Research Roundup: Cenovus Energy, Granite REIT, Pet Valu Holdings

Canadian Apartment Properties Real Estate Investment Trust

19/07/2021 11:10

July 19 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cenovus Energy, Granite REIT and Pet Valu Holdings, on Monday. 
    
    HIGHLIGHTS    
     * Cenovus Energy Inc  CVE.TO : Credit Suisse raises to outperform from neutral
     * Granite REIT  GRT_u.TO : National Bank of Canada raises target price to C$94 from C$90 
     * Pet Valu Holdings Ltd  PET.TO : CIBC initiates coverage with outperformer rating 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 

     * Allied Properties REIT  AP_u.TO : National Bank of Canada raises PT to C$49.25 from C$44.5 
     * Altius Minerals Corp  ALS.TO : Cormark Securities raises target price to C$24 from C$23 
     * Arc Resources Ltd  ARX.TO : National Bank of Canada cuts target price to C$13.5 from C$15 
     * Artemis Gold Inc  ARTG.V : Cormark Securities raises target price to C$15 from C$14 
     * Artis REIT  AX_u.TO : National Bank of Canada raises target price to C$12.25 from C$11.5 
     * Automotive Properties REIT  APR_u.TO : National Bank of Canada ups PT to C$13.5 from C$13 
     * Boardwalk REIT  BEI_u.TO : National Bank of Canada raises target to C$51.5 from C$46.5 
     * BSR REIT  HOMu.TO : National Bank of Canada raises target price to C$15 from C$14 
     * Canadian Natural Resources Ltd  CNQ.TO : National Bank of Canada cuts PT to C$63 from C$66 
     * Capreit  CAR_u.TO : National Bank of Canada raises target price to C$68.5 from C$65.5 
     * Cenovus Energy Inc  CVE.TO : Credit Suisse raises to outperform from neutral
     * Cenovus Energy Inc  CVE.TO : Credit Suisse raises target price to C$15 from C$13 
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada raises target to C$20 from C$19.5 
     * Choice Properties REIT  CHP_u.TO : National Bank of Canada raises PT to C$15 from C$14.5 
     * Crombie REIT  CRR_u.TO : National Bank of Canada raises target price to C$19.5 from C$18.5 
     * Dream Industrial REIT  DIR_u.TO : National Bank of Canada raises PT to C$17 from C$15.5 
     * Dream Office REIT  D_u.TO : National Bank of Canada raises target price to C$24 from C$23 
     * European Residential REIT  ERE_u.TO : National Bank of Canada cuts PT to C$5.2 from C$5.25 
     * Extendicare Inc  EXE.TO : National Bank of Canada raises target price to C$9 from C$8.5 
     * First Capital REIT  FCR_u.TO : National Bank of Canada raises PT to C$19.5 from C$18.5 
     * First Mining Gold Corp  FF.TO : Cormark Securities raises target to C$1.30 from C$1.15 
     * Fortis Inc  FTS.TO : JP Morgan raises target price to C$58 from C$57 
     * Freehold Royalties Ltd  FRU.TO : National Bank of Canada raises PT to C$12 from C$11.5 
     * Galiano Gold Inc  GAU.TO : Cormark Securities raises target price to C$3 from C$2.80 
     * Granite REIT  GRT_u.TO : National Bank of Canada raises target price to C$94 from C$90 
     * H&R REIT  HR_u.TO : National Bank of Canada raises target price to C$19 from C$18 
     * Hamilton Thorne Ltd  HTL.V : Canaccord Genuity raises price target to C$2.75 from C$2.40 
     * Interrent REIT  IIP_u.TO : National Bank of Canada raises target to C$20 from C$17.5 
     * Invesque Inc  IVQu.TO : National Bank of Canada cuts target price to $2.75 from $3 
     * Killam Apartment REIT  KMP_u.TO : National Bank of Canada raises PT to C$23.75 from C$22 
     * Loblaw Companies Ltd  L.TO : National Bank of Canada raises target to C$84 from C$77 
     * MEG Energy Corp  MEG.TO : National Bank of Canada raises target price to C$15 from C$13.5 
     * Minto Apartment REIT  MI_u.TO : National Bank of Canada raises PT to C$26.25 from C$23 
     * Parkland Corp  PKI.TO : JP Morgan cuts target price to C$51 from C$52 
     * Pet Valu Holdings Ltd  PET.TO : CIBC initiates coverage with outperformer rating 
     * Pet Valu Holdings Ltd  PET.TO : CIBC initiates coverage with price target of C$32 
     * Riocan REIT  REI_u.TO : National Bank of Canada raises target price to C$25 from C$23 
     * Sienna Senior Living Inc  SIA.TO : National Bank of Canada ups PT to C$17.5 from C$16.5 
     * Slate Office REIT  SOT_u.TO : National Bank of Canada raises target to C$5.5 from C$4.5 
     * Smartcentres REIT  SRU_u.TO : National Bank of Canada raises target to C$31 from C$30 
     * Summit Industrial Income REIT  SMU_u.TO : National Bank of Canada ups PT to C$21 from C$18 
     * Suncor Energy Inc  SU.TO : National Bank of Canada cuts target price to C$41 from C$42 
     * Thor Explorations Ltd  THX.V : Canaccord Genuity raises target price to C$0.70 from C$0.65 
     * True North Commercial REIT  TNT_u.TO : National Bank of Canada ups PT to C$7.5 from C$7.25 
     * Whitecap Resources Inc  WCP.TO : National Bank of Canada cuts target to C$9.5 from C$10 
     * WPT Industrial REIT  WIRu.TO : National Bank of Canada raises target to $20 from $19 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))