Canada Research Roundup: Hydro One, Organigram Holdings, Transalta Renewables

Canadian Utilities

13/04/2022 08:04

April 13 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Hydro One, Organigram Holdings and Transalta Renewables, on
Wednesday. 
    
    HIGHLIGHTS    
     * Copperleaf Technologies Inc  CPLF.TO : CIBC initiates coverage with neutral rating 
     * Hydro One Ltd  H.TO : Credit Suisse cuts to underperform from neutral 
     * Organigram Holdings  OGI.TO : Atb Capital Markets raises to outperform from sector perform 
     * Transalta Renewables Inc  RNW.TO : RBC cuts to sector perform from outperform 
 Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 

     * Atco Ltd  ACOx.TO : Credit Suisse raises target price to C$49 from C$48 
     * Canadian Utilities Ltd  CU.TO : Credit Suisse raises target price to C$41 from C$39 
     * Copperleaf Technologies Inc  CPLF.TO : CIBC initiates coverage with neutral rating 
     * Copperleaf Technologies Inc  CPLF.TO : CIBC initiates coverage with price target of C$18 
     * Emera Inc  EMA.TO : Credit Suisse raises target price to C$66 from C$63 
     * Fortis Inc  FTS.TO : Credit Suisse raises target price to C$66 from C$63 
     * Hexo Corp  HEXO.TO : Atb Capital Markets cuts target price to C$0.80 from C$1.10 
     * Hydro One Ltd  H.TO : Credit Suisse cuts to underperform from neutral 
     * Hydro One Ltd  H.TO : Credit Suisse raises price target to C$36 from C$34 
     * Marathon Gold Corp  MOZ.TO : CIBC cuts target price to C$4 from C$4.25 
     * Metro Inc  MRU.TO : National Bank of Canada raises target price to C$74 from C$72 
     * Oceanagold Corp  OGC.TO : CIBC raises target price to C$3.5 from C$3 
     * Organigram Holdings  OGI.TO : Atb Capital Markets raises to outperform from sector perform 
     * Organigram Holdings  OGI.TO : Atb Capital Markets raises target price to C$3.50 from C$3 
     * Organigram Holdings  OGI.TO : Jefferies cuts target price to C$3.34 from C$3.44 
     * Torex Gold Resources Inc  TXG.TO : CIBC cuts target price to C$20 from C$21 
     * Transalta Renewables Inc  RNW.TO : RBC cuts to sector perform from outperform 
     * Triple Flag Precious Metals Corp  TFPM.TO : CIBC raises target price to C$23 from C$20 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))