Canada Research Roundup: CGI, Empire Company, Kinaxis

CGI

21/06/2024 08:32

June 21 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including CGI, Empire Company and Kinaxis on Friday. 
       
        HIGHLIGHTS     
  
    
                 * CGI Inc  GIBa.TO : CIBC cuts to neutral from outperformer
 
                 * Empire Company Ltd  EMPa.TO : Desjardins raises target price to C$40 from C$38
 
                 * Kinaxis Inc  KXS.TO : CIBC cuts to neutral from outperformer
 
       
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are
in alphabetical order.  
    
                 * Aurora Cannabis Inc  ACB.TO : ATB Capital Markets cuts target price to C$11 from C$12.5
 
                 * CGI Inc  GIBa.TO : CIBC cuts target price to C$151 from C$165
 
                 * CGI Inc  GIBa.TO : CIBC cuts to neutral from outperformer
 
                 * Empire Company Ltd  EMPa.TO : Desjardins raises target price to C$40 from C$38
 
                 * Empire Company Ltd  EMPa.TO : National Bank of Canada raises target to C$41 from C$40
 
                 * Empire Company Ltd  EMPa.TO : RBC cuts target price to C$41 from C$42
 
                 * First Quantum Minerals Ltd  FM.TO : Morgan Stanley raises target to C$20.3 from C$19.8
 
                 * Kinaxis Inc  KXS.TO : CIBC cuts target price to C$154 from C$180
 
                 * Kinaxis Inc  KXS.TO : CIBC cuts to neutral from outperformer
 
                 * Lundin Mining Corp  LUN.TO : Morgan Stanley raises target price to C$20.7 from C$20
 
    

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