Canada Research Roundup: Canadian Tire, CCL Industries, TCP Energy

CCL Industries

19/02/2021 07:55

Feb 19 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Tire, CCL Industries and TCP Energy, on Friday. 
    
    HIGHLIGHTS    
     * Canadian Tire Corporation Ltd  CTCa.TO : CIBC raises target price to C$202 from C$198 
     * CCL Industries Inc  CCLb.TO : CIBC raises target price to C$72 from C$70 
     * TCP Energy Corp  TRP.TO : CIBC raises target price to C$70 from C$69     
    
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

     * Advantage Oil & Gas Ltd  AAV.TO : National Bank of Canada raises PT to C$3.75 from C$3 
     * Arc Resources Ltd  ARX.TO : National Bank of Canada raises target price to C$13 from C$9 
     * Argonaut Gold Inc  AR.TO : Canaccord Genuity raises price target to C$4.25 from C$4 
     * Baytex Energy Corp  BTE.TO : National Bank of Canada raises target to C$1.5 from C$1 
     * Birchcliff Energy Ltd  BIR.TO : National Bank of Canada raises PT to C$4.75 from C$3.5 
     * Canadian Imperial Bank of Commerce  CM.TO : National Bank of Canada ups PT to C$126 from C$124 
     * Canadian Natural Resources Ltd  CNQ.TO : National Bank of Canada ups PT to C$50 from C$41 
     * Canadian Tire Corporation Ltd  CTCa.TO : Canaccord Genuity raises PT to C$190 from C$160 
     * Canadian Tire Corporation Ltd  CTCa.TO : CIBC raises target price to C$202 from C$198 
     * Canadian Tire Corporation Ltd  CTCa.TO : Scotiabank raises target to C$205 from C$185 
     * CCL Industries Inc  CCLb.TO : CIBC raises target price to C$72 from C$70 
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada raises target to C$13.5 from C$13 
     * Chemtrade Logistics Income Fund  CHE_u.TO : National Bank of Canada ups PT to C$6.50 from C$5.50 
     * Crescent Point Energy Corp  CPG.TO : CIBC raises target price to C$5.5 from C$4.5 
     * Crescent Point Energy Corp  CPG.TO : National Bank of Canada raises PT to C$7.5 from C$5.5 
     * Crew Energy Inc  CR.TO : National Bank of Canada raises target price to C$1.5 from C$0.9 
     * Dream Industrial Real Estate Investment Trust  DIR_u.TO : RBC ups PT to C$14 from C$13.50 
     * Enerplus Corp  ERF.TO : National Bank of Canada raises target price to C$10.5 from C$7.5 
     * Exchange Income Corp  EIF.TO : Atb Capital Markets raises target price to C$50 from C$46 
     * Exchange Income Corp  EIF.TO : Canaccord Genuity raises price target to C$44 from C$41 
     * Exchange Income Corp  EIF.TO : National Bank of Canada raises target to C$44 from C$42 
     * Exchange Income Corp  EIF.TO : RBC raises price target to C$42 from C$40 
     * Freehold Royalties Ltd  FRU.TO : National Bank of Canada raises target to C$9 from C$7.5 
     * Harborside Inc  HBOR.CD : Atb Capital Markets raises target price to C$3.50 from C$2.50 
     * Headwater Exploration Inc  HWX.TO : National Bank of Canada raises PT to C$4.5 from C$4 
     * Imperial Oil Ltd  IMO.TO : National Bank of Canada raises target price to C$38 from C$31 
     * Inter Pipeline Ltd  IPL.TO : Credit Suisse raises target price to C$20 from C$16.50 
     * Kelt Exploration Ltd  KEL.TO : National Bank of Canada raises target to C$3.25 from C$2.5 
     * Mav Beauty Brands Inc  MAV.TO : CIBC raises target price to C$7.5 from C$5.5 
     * MEG Energy Corp  MEG.TO : National Bank of Canada raises target price to C$8 from C$5.5 
     * MTY Food Group Inc  MTY.TO : CIBC cuts target price to C$63 from C$65 
     * MTY Food Group Inc  MTY.TO : RBC cuts price target to C$47 from C$43 
     * North American Construction Group  NOA.TO : Atb Capital Markets ups PT to C$18.50 from C$16.50 
     * North American Construction Group  NOA.TO : Canaccord Genuity raises PT to C$21 from C$20 
     * North American Construction Group  NOA.TO : National Bank of Canada ups PT to C$21 from C$18 
     * Nuvista Energy Ltd  NVA.TO : National Bank of Canada raises target to C$2.5 from C$1.25 
     * Osisko Mining Inc  OSK.TO : Cormark Securities raises target price to C$6.50 from C$5.50 
     * Paramount Resources Ltd  POU.TO : National Bank of Canada raises PT to C$13.5 from C$10.5 
     * Parex Resources Inc  PXT.TO : National Bank of Canada raises target to C$35 from C$30 
     * Petroshale Inc  PSH.V : National Bank of Canada raises target price to C$0.4 from C$0.2 
     * Peyto Exploration & Development  PEY.TO : CIBC raises target price to C$6 from C$4 
     * Peyto Exploration & Development  PEY.TO : National Bank of Canada ups PT to C$8 from C$3.5 
     * Pipestone Energy Corp  PIPE.TO : National Bank of Canada raises PT to C$2.5 from C$1.5 
     * Prairiesky Royalty Ltd  PSK.TO : National Bank of Canada raises target to C$15 from C$12 
     * Seven Generations Energy Ltd  VII.TO : National Bank of Canada ups PT to C$14 from C$10 
     * Storm Resources Ltd  SRX.TO : National Bank of Canada raises target price to C$4 from C$3 
     * Summit Industrial Income REIT  SMU_u.TO : Canaccord Genuity raises PT to C$13.50 from C$13 
     * Summit Industrial Income REIT  SMU_u.TO : CIBC raises target price to C$15 from C$14.25 
     * Summit Industrial Income REIT  SMU_u.TO : RBC raises target price to C$15.50 from C$14.50 
     * Suncor Energy Inc  SU.TO : National Bank of Canada raises target price to C$33 from C$28 
     * Superior Plus Corp  SPB.TO : Scotiabank raises price target to C$15 from C$13 
     * Surge Energy Inc  SGY.TO : National Bank of Canada raises target to C$0.75 from C$0.5 
     * Tamarack Valley Energy Ltd  TVE.TO : National Bank of Canada raises PT to C$3 from C$2.25 
     * TCP Energy Corp  TRP.TO : CIBC raises target price to C$70 from C$69 
     * Teck Resources Ltd  TECKb.TO : Canaccord Genuity raises price target to C$27 from C$25 
     * Teck Resources Ltd  TECKb.TO : National Bank of Canada raises target to C$30 from C$28.50 
     * Teck Resources Ltd  TECKb.TO : RBC cuts price target to C$32 from C$33 
     * Terago Inc  TGO.TO : Canaccord Genuity raises price target to C$10 from C$9.50 
     * Topaz Energy Corp  TPZ.TO : National Bank of Canada raises target price to C$18 from C$17 
     * Tourmaline Oil Corp  TOU.TO : National Bank of Canada raises target to C$37.5 from C$30 
     * Vermilion Energy Inc  VET.TO : National Bank of Canada raises target to C$9.5 from C$7 
     * Yangarra Resources Ltd  YGR.TO : National Bank of Canada raises target to C$1.5 from C$1 
        

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