Canada Research Roundup: Cardinal Energy, Loblaw Companies, Stelco Holdings

Cardinal Energy (Alberta)

23/09/2019 11:57

Sept 23 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cardinal Energy, Loblaw Companies and Stelco Holdings on Monday. 
    
  HIGHLIGHTS
     * Cardinal Energy Ltd (Alberta)  CJ.TO : RBC initiates coverage with sector perform rating 
     * Fission Uranium Corp  FCU.TO : Eight Capital raises price target to C$2.30 from C$2.00
     * Loblaw Companies Ltd  L.TO : Scotiabank raises target price to C$78 from C$69
     * Southern Energy Corp  SOU.V : Eight Capital starts with buy rating; price target C$0.13
     * Stelco Holdings Inc  STLC.TO : JP Morgan cuts Dec-2020 price target to C$15 from C$23
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     
     * Brookfield Renewable Partners LP  BEP_u.TO : Credit Suisse raises pt to C$50 from C$48
     * Cardinal Energy Ltd (Alberta)  CJ.TO : RBC initiates coverage with sector perform rating 
     * Cardinal Energy Ltd (Alberta)  CJ.TO : RBC initiates coverage with target price of C$3.50
     * Fission Uranium Corp  FCU.TO : Eight Capital raises price target to C$2.30 from C$2.00
     * Leagold Mining Corp  LMC.TO : TD Securities initiates with buy, C$4.50 target price
     * Loblaw Companies Ltd  L.TO : Scotiabank raises target price to C$78 from C$69
     * MEG Energy Corp  MEG.TO : UBS raises target price to C$6 from C$5.50
     * Osisko Gold Royalties  OR.TO : Canaccord Genuity cuts pt to C$18.50 from C$19.50; buy
     * Precision Drilling Corp  PD.TO : Citigroup cuts target price to C$2.50 from C$3.50
     * Southern Energy Corp  SOU.V : Eight Capital starts with buy rating; price target C$0.13
     * Stelco Holdings Inc  STLC.TO : JP Morgan cuts Dec-2020 price target to C$15 from C$23
     * Turquoise Hill Resources  TRQ.TO : Canaccord Genuity cuts pt to C$1.25 from C$2.50
    

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