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GIB.A CGI News Story

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Canada Research Roundup: CGI, Teck Resources, Verticalscope Holdings

Oct 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including CGI, Teck
Resources and Verticalscope Holdings, on Tuesday.
    
    HIGHLIGHTS   
    
                 * CGI Inc  GIBa.TO : CIBC raises target price to C$178 from C$155
 
                 * Teck Resources Ltd  TECKb.TO : JP Morgan raises target price to C$78 from C$74
 
                 * Verticalscope Holdings Inc  FORA.TO : CIBC cuts to neutral from outperformer
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.     
    
                 * CGI Inc  GIBa.TO : CIBC raises target price to C$178 from C$155
 
                 * CGI Inc  GIBa.TO : CIBC raises to outperformer
 
                 * Teck Resources Ltd  TECKb.TO : JP Morgan raises target price to C$78 from C$74
 
                 * Verticalscope Holdings Inc  FORA.TO : CIBC cuts target price to C$9 from C$12
 
                 * Verticalscope Holdings Inc  FORA.TO : CIBC cuts to neutral from outperformer
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))

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