Canada Research Roundup: Bombardier, CGI, Loblaw Companies

CGI

02/05/2024 09:12

May 2 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies including Bombardier, CGI and Loblaw Companies, on Thursday.
    
        HIGHLIGHTS    
  
                 * Bombardier  BBDb.TO : CIBC raises to outperformer from neutral; raises PT to C$91
 from C$67
 
                 * CGI Inc  GIBa.TO : CIBC cuts target price to C$165 from C$169
 
                 * Loblaw Companies Ltd  L.TO : Scotiabank raises target price to C$161 from
 C$148.27       
 
 Following is a summary of research actions on Canadian companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.
     
                 * Allied Properties REIT  AP_u.TO : Raymond James cuts PT to C$19 from C$19.25
 
                 * Allied Properties REIT  AP_u.TO : Scotiabank cuts PT to C$21.25 from C$21.75
 
                 * Bombardier  BBDb.TO : CIBC raises to outperformer from neutral; raises PT to C$91
 from C$67
 
                 * Bombardier  BBDb.TO : RBC raises target price to C$99 from C$95
 
                 * Cameco Corp  CCO.TO : RBC raises target price to C$75 from C$70
 
                 * Canadian General Investments Ltd  CGI.TO : RBC cuts target price to C$163 from
 C$170
 
                 * Canfor Corp  CFP.TO : CIBC cuts target price to C$21 from C$22
 
                 * Capital Power Corp  CPX.TO : CIBC cuts target price to C$39 from C$40
 
                 * Capital Power Corp  CPX.TO : National Bank of Canada cuts target price to C$43 from
 C$45
 
                 * Capital Power Corp  CPX.TO : RBC cuts target price to C$39 from C$41
 
                 * Capital Power Corp  CPX.TO : Scotiabank cuts target price to C$40 from C$45
 
                 * Cenovus Energy Inc  CVE.TO : RBC raises target price to C$33 from C$32
 
                 * Cenovus Energy Inc  CVE.TO : TD Cowen raises target price to C$32 from C$30
 
                 * CGI Inc  GIBa.TO : Bernstein raises target price to C$127 from C$126
 
                 * CGI Inc  GIBa.TO : CIBC cuts target price to C$165 from C$169
 
                 * First Capital REIT  FCR_u.TO : CIBC cuts PT to C$18 from C$19
 
                 * Fortis Inc  FTS.TO : CIBC raises target price to C$57 from C$56
 
                 * Great-West Lifeco  GWO.TO : National Bank of Canada raises PT to C$43 from C$42
 
                 * Loblaw Companies Ltd  L.TO : CIBC raises target price to C$171 from C$159
 
                 * Loblaw Companies Ltd  L.TO : National Bank of Canada raises PT to C$159 from C$156
 
                 * Loblaw Companies Ltd  L.TO : Scotiabank raises target price to C$161 from C$148.27
 
                 * Morguard North American Residential REIT  MRG_u.TO : RBC cuts PT to C$19 from C$20
 
                 * Oceanagold Corp  OGC.TO : National Bank of Canada cuts PT to C$4.50 from C$4.75
 
                 * Slate Grocery REIT  SGR_u.TO : CIBC cuts target price to $9.50 from $9.75
 
                 * Tourmaline Oil  TOU.TO : Canaccord Genuity raises PT to C$73.5 from C$72.5
 
                 * Tourmaline Oil  TOU.TO : CIBC raises target price to C$80 from C$77.5
 
 
    
    

 (Compiled by Bengaluru Newsroom)
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