Canada Research Roundup: Acadian Timber, Extendicare, Trilogy Metals

Choice Properties Real Estate Investment Trust

30/03/2020 09:59

March 30 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Acadian Timber, Extendicare and Trilogy Metals, on Monday. 
    
  HIGHLIGHTS        
     * Acadian Timber Corp  ADN.TO : Credit Suisse cuts to neutral from outperform 
     * Extendicare Inc  EXE.TO : CIBC cuts target price to C$8.5 from C$9.5
     * Trilogy Metals Inc  TMQ.TO : TD Securities raises to speculative buy from hold 
    
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.          
    
     * Acadian Timber Corp  ADN.TO : Credit Suisse cuts to neutral from outperform 
     * Acadian Timber Corp  ADN.TO : Credit Suisse cuts target price to C$15 from C$20
     * Allied Properties REIT  AP_u.TO : CIBC cuts target price to C$49 from C$58
     * Boardwalk REIT  BEI_u.TO : CIBC cuts target price to C$43 from C$49
     * Boyd Group Services Inc  BYD.TO : Scotiabank cuts target price to C$190 from C$200
     * Bsr Real Estate Investment Trust  HOMu.TO : CIBC cuts target price to $12.5 from $13
     * Calfrac Well Services Ltd  CFW.TO : RBC cuts price target to C$0.30 from C$0.40
     * Capreit  CAR_u.TO : CIBC cuts target price to C$54.5 from C$60
     * Chartwell Retirement Residences  CSH_u.TO : CIBC cuts PT to C$13.75 from C$15.25
     * Choice Properties REIT  CHP_u.TO : CIBC cuts target price to C$13.5 from C$15.25
     * Corus Entertainment Inc  CJRb.TO : RBC cuts price target to C$4 from C$7
     * Crombie REIT  CRR_u.TO : CIBC cuts target price to C$15.5 from C$17.5
     * CT Real Estate Investment Trust  CRT_u.TO : CIBC cuts target price to C$14.75 from C$17
     * Dream Industrial REIT  DIR_u.TO : CIBC cuts target price to C$12 from C$14.75
     * Dream Office REIT  D_u.TO : CIBC cuts target price to C$30.5 from C$38
     * Extendicare Inc  EXE.TO : CIBC cuts target price to C$8.5 from C$9.5
     * First Capital Realty Inc  FCR_u.TO : CIBC cuts target price to C$20.5 from C$23.5
     * H&R Real Estate Investment Trust  HR_u.TO : CIBC cuts target price to C$22 from C$25
     * Interrent REIT  IIP_u.TO : CIBC cuts target price to C$16.5 from C$18.5
     * Killam Apartment REIT  KMP_u.TO : CIBC cuts target price to C$21 from C$23
     * Linamar Corp  LNR.TO : CIBC cuts target price to C$43 from C$45
     * Martinrea International Inc  MRE.TO : CIBC cuts target price to C$13.5 from C$17
     * Minto Apartment REIT  MI_u.TO : CIBC cuts target price to C$25.5 from C$27.5
     * Mogo Inc (British Columbia)  MOGO.TO : Canaccord Genuity cuts PT to C$3 from C$7.25
     * Morguard REIT  MRT_u.TO : CIBC cuts target price to C$11.2 from C$12.5
     * Norbord Inc  OSB.TO : Credit Suisse cuts target price to C$28 from C$45
     * Onex Corp  ONEX.TO : RBC raises target price to C$63 from C$62
     * Plaza Retail REIT  PLZ_u.TO : CIBC cuts target price to C$4.25 from C$4.75
     * Riocan Real Estate Investment Trust  REI_u.TO : CIBC cuts target to C$25 from C$30
     * Sienna Senior Living Inc  SIA.TO : CIBC cuts target price to C$17.75 from C$19.75
     * Silvercrest Metals Inc  SIL.TO : RBC raises target price to C$11 from C$9.50
     * Slate Office REIT  SOT_u.TO : CIBC cuts target price to C$6 from C$6.5
     * Smartcentres REIT  SRU_u.TO : CIBC cuts target price to C$30.5 from C$36
     * Snc-Lavalin Group Inc  SNC.TO : Scotiabank cuts target price to C$41 from C$46
     * Stuart Olson Inc  SOX.TO : CIBC cuts target price to C$1 from C$2
     * Summit Industrial Income REIT  SMU_u.TO : CIBC cuts target to C$11.5 from C$14.5
     * Suncor Energy Inc  SU.TO : CIBC cuts target price to C$40 from C$45
     * Trilogy Metals Inc  TMQ.TO : TD Securities raises to speculative buy from hold 
     * Trilogy Metals Inc  TMQ.TO : TD Securities cuts target price to C$3 from C$3.75
    

 (Compiled by Bengaluru Newsroom)
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