Canada Research Roundup: Air Canada, Bank of Montreal, Emera

Canopy Growth

12/08/2024 08:46

Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Air Canada, Bank of Montreal and Emera on Monday. 
    
    HIGHLIGHTS   
                 * Air Canada  AC.TO : Jefferies cuts target price to C$16 from C$19
 
                 * Bank of Montreal  BMO.TO : Jefferies cuts target price to C$124 from C$141
 
                 * Emera Inc  EMA.TO : RBC cuts target price to C$57 from C$60
 
                 * Exchange Income Corp  EIF.TO : CIBC raises target price to C$62.5 from
 C$61.5
 
                 * Lassonde Industries  LASa.TO : National Bank of Canada raises PT to C$187
 from C$181
 
 Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
    
                 * Adentra Inc  ADEN.TO : National Bank of Canada raises target price to C$57 from
 C$53
 
                 * Air Canada  AC.TO : Jefferies cuts target price to C$16 from C$19
 
                 * Atkinsréalis  ATRL.TO :ATB Capital Markets raises target price to C$73 from C$70
 
                 * Atkinsréalis  ATRL.TO : CIBC raises target price to C$70 from C$68
 
                 * Atkinsréalis  ATRL.TO : RBC raises target price to C$70 from C$69
 
                 * Bank of Montreal  BMO.TO : Jefferies cuts target price to C$124 from C$141
 
                 * Canadian Imperial Bank of Commerce  CM.TO : Jefferies cuts PT to C$78 from C$79
 
                 * Canadian Natural Resources Ltd  CNQ.TO : Jefferies cuts target price to C$52 from
 C$55
 
                 * Canopy Growth Corp  WEED.TO : Canaccord Genuity cuts target price to C$3.5 from
 C$5
 
                 * Cascades Inc  CAS.TO : CIBC cuts target price to C$10.5 from C$11
 
                 * CCL Industries Inc  CCLb.TO : National Bank of Canada raises PT to C$87 from C$84
 
                 * Chartwell Retirement Residences  CSH_u.TO : CIBC raises target price to C$16.5
 from C$15
 
                 * Chartwell Retirement Residences  CSH_u.TO : RBC raises target price to C$16 from
 C$15
 
                 * Emera Inc  EMA.TO : RBC cuts target price to C$57 from C$60
 
                 * European Residential REIT  ERE_u.TO : RBC raises target price to C$3 from C$2.75
 
                 * Exchange Income Corp  EIF.TO : Canaccord Genuity raises target price to C$68 from
 C$66
 
                 * Exchange Income Corp  EIF.TO : CIBC raises target price to C$62.5 from C$61.5
 
                 * HLS Therapeutics Inc  HLS.TO : Canaccord Genuity cuts target price to C$3.4 from
 C$4
 
                 * Lassonde Industries Inc  LASa.TO : National Bank of Canada raises PT to C$187
 from C$181
 
                 * Mattr Corp  MATR.TO : Canaccord Genuity cuts target price to C$23 from C$25
 
                 * Mattr Corp  MATR.TO : National Bank of Canada cuts target price to C$20 from C$23
 
                 * Mattr Corp  MATR.TO : RBC cuts target price to C$19 from C$20
 
                 * National Bank of Canada  NA.TO : Jefferies cuts target price to C$119 from C$121
 
                 * Nexgen Energy Ltd  NXE.TO : RBC cuts target price to C$10 from C$11
 
                 * Northview Residential REIT  NRR_u.TO : CIBC raises target price to C$19 from
 C$16.5
 
                 * Pembina Pipeline Corp  PPL.TO : RBC raises target price to C$60 from C$58
 
                 * Power Corporation of Canada  POW.TO : RBC raises target price to C$47 from C$46
 
                 * RBC  RY.TO : Jefferies cuts target price to C$165 from C$168
 
                 * Saputo Inc  SAP.TO : CIBC cuts target price to C$35 from C$37
 
                 * Scotiabank  BNS.TO : Jefferies raises target price to C$65 from C$64
 
                 * Sienna Senior Living Inc  SIA.TO : CIBC raises target price to C$17 from C$16
 
                 * Softchoice Corp  SFTC.TO : ATB Capital Markets raises target price to C$23 from
 C$18.5
 
                 * Softchoice Corp  SFTC.TO : ATB Capital Markets raises to outperform from sector
 perform
 
                 * Softchoice Corp  SFTC.TO : RBC raises target price to C$20 from C$19
 
                 * TD Bank Group  TD.TO : Jefferies raises target price to C$82 from C$73
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))