CANADA RESEARCH ROUNDUP: Esperanza, First Quantum

CareRx

23/08/2013 13:12

Aug 23 (Reuters) - Securities analysts revised their ratings and price targets on several 
Canadian companies, including First Quantum and WesternZagros, on Friday.  
     
    HIGHLIGHTS     
    * Esperanza Resources Corp  EPZ.V : Stonecap cuts to sector perform from outperform 
    * First Quantum Minerals Ltd  FM.TO : Nomura cuts to neutral from buy 
    * WesternZagros Resources Ltd  WZR.V : RBC cuts to sector perform from outperform  
         
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. 
Stock entries are in alphabetical order. See bottom of the table for sector changes.  
      
    * Carillion PLC  CLLN.L : Numis cuts target price to 315p from 350p; rating hold 
    * Centric Health  CHH.TO : Canaccord Genuity cuts target to C$1.75 from C$2; rating buy 
    * Centric Health  CHH.TO : TD Securities cuts target to C$0.50 from C$0.60; rating hold 
    * Brookfield Asset Management  BAM.N : Wells Fargo cuts to market perform fromoutperform 
    * Dorel Industries  DIIb.TO : National Bank Financial ups target to C$35 from C$33; sector 
    * Esperanza Resources Corp  EPZ.V : Stonecap cuts to sector perform from outperform 
    * Esperanza Resources Corp  EPZ.V : Stonecap cuts price target to C$0.75 from C$1.25 
    * First Majestic Silver  FR.TO : Desjardins cuts target to C$17.50 from C$18; rating buy 
    * First Quantum Minerals Ltd  FM.TO : Nomura cuts to neutral from buy 
    * Ic Potash  ICP.TO : Paradigm Capital cuts target price to C$1.50 from C$2.25; rating buy 
    * WesternZagros Resources Ltd  WZR.V : RBC cuts to sector perform from outperform  
    * WesternZagros Resources Ltd  WZR.V : RBC cuts price target to C$1.60 from C$3 
     
     
 ((Compiled by Aby Jose Koilparambil; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. 
+1 646 223 8780))   
  
 
 (Reporting By Aby Jose Koilparambil) 
 ((AbyJose.Koilparambil@thomsonreuters.com)) 
 
Keywords: RESEARCH CANADA/