Canada Research Roundup: Calfrac Well Services, Prometic Life Sciences, TMX Group

Cardinal Energy (Alberta)

23/04/2019 10:06

April 23 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Calfrac Well Services, Prometic Life Sciences and TMX Group, on
Tuesday. 
    
    HIGHLIGHTS    
     * Calfrac Well Services Ltd  CFW.TO : CIBC cuts to neutral from outperformer
     * Prometic Life Sciences Inc  PLI.TO : Canaccord Genuity cuts to hold from buy
     * TMX Group Ltd  X.TO : CIBC cuts to neutral from outperformer
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Bonterra Energy Corp  BNE.TO : CIBC raises target price to C$8 from C$7
     * Cae Inc  CAE.TO : CIBC raises target price to C$32 from C$29
     * Calfrac Well Services Ltd  CFW.TO : CIBC cuts to neutral from outperformer
     * Calfrac Well Services Ltd  CFW.TO : CIBC raises price target to C$4 from $3.75
     * Canadian Natural Resources Ltd  CNQ.TO : CIBC raises target price to C$49 from C$45
     * Cardinal Energy Ltd  CJ.TO : CIBC raises target price to C$3.75 from C$3.25
     * Cenovus Energy Inc  CVE.TO : CIBC raises target price to C$16 from C$12.5
     * Imperial Oil Ltd  IMO.TO : CIBC raises target price to C$39 from C$35
     * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$9 from C$8
     * Lundin Mining Corp  LUN.TO : CIBC raises target price to C$9.5 from C$9
     * MEG Energy Corp  MEG.TO : CIBC raises target price to C$7.5 from C$6.5
     * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$8 from C$7.5
     * Parkland Fuel Corp  PKI.TO : RBC raises target price to C$40 from C$39
     * People Corp  PEO.V : Canaccord Genuity raises target price to C$10.25 from C$10
     * People Corp  PEO.V : Desjardins raises target price to C$9.75 from C$9.50
     * Pinnacle Renewable Energy Inc  PL.TO : CIBC raises target price to C$14.5 from C$14
     * Precision Drilling Corp  PD.TO : CIBC raises target price to C$4.75 from C$4.25
     * Prometic Life Sciences Inc  PLI.TO : Canaccord Genuity cuts to hold from buy
     * Prometic Life Sciences Inc  PLI.TO : Canaccord Genuity cuts target to C$0.05 from C$1
     * Saputo Inc  SAP.TO : RBC raises target price to C$52 from C$46
     * Secure Energy Services Inc  SES.TO : CIBC raises target price to C$10.5 from C$10
     * Suncor Energy Inc  SU.TO : CIBC raises target price to C$56 from C$53
     * Tervita Corp  TEV.TO : CIBC cuts target price to C$8.5 from C$9.5
     * TMX Group Ltd  X.TO : CIBC cuts to neutral from outperformer
     * TMX Group Ltd  X.TO : CIBC cuts price target to C$97 from C$101
     * Trican Well Service Ltd  TCW.TO : CIBC raises target price to C$2 from C$1.75
     * Westjet Airlines Ltd  WJA.TO : CIBC cuts target price to C$21 from C$22
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))