Canada Research Roundup: Granite REIT, Dream Unlimited, Terrascend

Canadian Apartment Properties Real Estate Investment Trust

05/07/2023 08:20

July 5 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Granite REIT, Dream Unlimited and Terrascend on Wednesday.
    
    HIGHLIGHTS    
                 * Granite REIT  GRT_u.TO : TD Securities cuts target price to C$97 from C$100
 
                 * Dream Unlimited Corp  DRM.TO : TD Securities cuts target price to C$30 from
 C$35
 
                 * Terrascend Corp  TSND.TO : Atb Capital Markets resumes coverage with
 outperform rating 
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
    
                 * Allied Properties REIT  AP_u.TO : TD Securities cuts target price to C$27 from
 C$32
 
                 * Automotive Properties REIT  APR_u.TO : TD Securities cuts target price to C$12.5
 from C$13
 
                 * Boardwalk REIT  BEI_u.TO : TD Securities cuts target price to C$73 from C$74
 
                 * Calfrac Well Services Ltd  CFW.TO : Atb Capital Markets cuts target price to C$9
 from C$11
 
                 * Capreit  CAR_u.TO : TD Securities cuts target price to C$62 from C$63
 
                 * Chartwell Retirement Residences  CSH_u.TO : TD Securities cuts PT to C$11 from
 C$11.5
 
                 * Choice Properties REIT  CHP_u.TO : TD Securities cuts target price to C$16 from
 C$17
 
                 * Crombie REIT  CRR_u.TO : TD Securities cuts target price to C$17 from C$19
 
                 * CT Real Estate Investment Trust  CRT_u.TO : TD Securities cuts PT to C$16 from
 C$17
 
                 * Dream Impact Trust  MPCT_u.TO : TD Securities cuts target price to C$13.5 from
 C$18
 
                 * Dream Industrial REIT  DIR_u.TO : TD Securities cuts target price to C$16.5 from
 C$17
 
                 * Dream Office REIT  D_u.TO : TD Securities cuts target price to C$15 from C$17
 
                 * Dream Residential REIT  DRRu.TO : TD Securities cuts target price to $12 from $13
 
                 * Dream Unlimited Corp  DRM.TO : TD Securities cuts target price to C$30 from C$35
 
                 * Ensign Energy Services Inc  ESI.TO : Atb Capital Markets cuts PT to C$8 from C$8.5
 
                 * European Residential REIT  ERE_u.TO : TD Securities cuts target price to C$4 from
 C$4.75
 
                 * First Capital REIT  FCR_u.TO : TD Securities cuts target price to C$19 from C$21
 
                 * Granite REIT  GRT_u.TO : TD Securities cuts target price to C$97 from C$100
 
                 * H&R REIT  HR_u.TO : TD Securities cuts target price to C$13.5 from C$15
 
                 * Interrent REIT  IIP_u.TO : TD Securities cuts target price to C$14.5 from C$15
 
                 * Killam Apartment REIT  KMP_u.TO : TD Securities cuts target price to C$21 from
 C$22
 
                 * Minto Apartment REIT  MI_u.TO : TD Securities cuts target price to C$20 from C$21
 
                 * Morguard North American Residential REIT  MRG_u.TO : TD Securities cuts PT to C$23
 from C$24
 
                 * Precision Drilling Corp  PD.TO : Atb Capital Markets cuts target price to C$140
 from C$143
 
                 * Primaris REIT  PMZ_u.TO : TD Securities cuts target price to C$16 from C$17.5
 
                 * Pro REIT  PRV_u.TO : TD Securities cuts target price to C$6 from C$6.5
 
                 * Riocan REIT  REI_u.TO : TD Securities cuts target price to C$24 from C$26
 
                 * Sienna Senior Living Inc  SIA.TO : TD Securities cuts target price to C$14 from
 C$15
 
                 * Slate Office REIT  SOT_u.TO : TD Securities cuts target price to C$2.25 from C$2.5
 
                 * Smartcentres REIT  SRU_u.TO : TD Securities cuts target price to C$26 from C$29
 
                 * Step Energy Services Ltd  STEP.TO : Atb Capital Markets cuts PT to C$7.5 from C$8
 
                 * Storagevault Canada Inc  SVI.TO : TD Securities cuts target price to C$7.5 from
 C$8
 
                 * Tenaz Energy Corp  TNZ.TO : Haywood Securities raises target price to C$4.50 from
 C$3
 
                 * Terrascend Corp  TSND.TO : Atb Capital Markets resumes coverage with outperform
 rating 
 
                 * Terrascend Corp  TSND.TO : Atb Capital Markets resumes coverage with target price
 C$3.5
 
    
  

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))