Canada Research Roundup: Canadian National Railway, Freehold Royalties, Winpak

Choice Properties Real Estate Investment Trust

02/10/2019 10:47

Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian National Railway, Freehold Royalties and Winpak, on
Wednesday. 
    
  HIGHLIGHTS
     * Canadian National Railway  CNR.TO : Scotiabank cuts to sector perform from sector outperform
     * Freehold Royalties  FRU.TO : National Bank of Canada cuts to sector perform from outperform
     * Pinnacle Renewable Energy  PL.TO : CIBC cuts to neutral from outperformer
     * Vermilion Energy Inc  VET.TO : National Bank of Canada cuts to sector perform from outperform
     * Winpak Ltd  WPK.TO : CIBC raises to outperformer from neutral
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
    
     * Advantage Oil & Gas Ltd  AAV.TO : National Bank of Canada raises PT to C$3.5 from C$3
     * Air Canada  AC.TO : National Bank of Canada raises target price to C$57 from C$55
     * Arc Resources Ltd  ARX.TO : National Bank of Canada cuts target price to C$9 from C$10.5
     * Birchcliff Energy  BIR.TO : National Bank of Canada cuts target price to C$4 from C$4.5
     * Bonterra Energy Corp  BNE.TO : National Bank of Canada cuts target price to C$6 from C$7.5
     * Canadian National Railway  CNR.TO : Scotiabank cuts target price to C$124 from C$134
     * Canadian National Railway  CNR.TO : Scotiabank cuts to sector perform from sector outperform
     * Canadian Natural Resources  CNQ.TO : National Bank of Canada cuts to sector perform
     * Canadian Pacific Railway Ltd  CP.TO : Scotiabank cuts target price to C$320 from C$330
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada raises target to C$18 from C$16
     * CES Energy Solutions Corp  CEU.TO : National Bank of Canada cuts PT to C$3.5 from C$3.75
     * Choice Properties REIT  CHP_u.TO : CIBC raises target price to C$14.50 from C$14
     * Cobalt 27 Capital Corp  KBLT.V : National Bank of Canada raises PT to C$5.92 from C$5.75
     * Cobalt 27 Capital Corp  KBLT.V : RBC raises target price to C$5 from C$4.50
     * Crew Energy Inc  CR.TO : National Bank of Canada cuts target price to C$1 from C$1.2
     * First Quantum Minerals Ltd  FM.TO : JP Morgan raises target price to C$11 from C$10
     * Freehold Royalties  FRU.TO : National Bank of Canada cuts PT to C$9.5 from C$10.5
     * Freehold Royalties  FRU.TO : National Bank of Canada cuts to sector perform
     * Gear Energy Ltd  GXE.TO : National Bank of Canada cuts target price to C$0.85 from C$0.95
     * Granite Oil Corp  GXO.TO : National Bank of Canada cuts target price to C$0.75 from C$0.8
     * Horizon North Logistics Inc  HNL.TO : National Bank of Canada cuts PT to C$2 from C$2.35
     * Imperial Oil Ltd  IMO.TO : National Bank of Canada raises target price to C$47 from C$45
     * Kelt Exploration Ltd  KEL.TO : National Bank of Canada cuts target price to C$7 from C$8
     * Mav Beauty Brands Inc  MAV.TO : CIBC cuts target price to C$8 from C$10
     * Morguard Corp  MRC.TO : RBC raises target price to C$217 from C$200
     * Nuvista Energy Ltd  NVA.TO : National Bank of Canada cuts target price to C$5.25 from C$6
     * Painted Pony Energy  PONY.TO : National Bank of Canada raises to sector perform
     * Pason Systems Inc  PSI.TO : National Bank of Canada cuts target price to C$20 from C$21
     * Pengrowth Energy Corp  PGF.TO : National Bank of Canada cuts PT to C$0.35 from C$0.50
     * Petroshale Inc  PSH.V : National Bank of Canada cuts target price to C$1.5 from C$1.75
     * Petrus Resources Ltd  PRQ.TO : National Bank of Canada cuts PT to C$0.5 from C$0.55
     * Peyto Exploration & Development  PEY.TO :National Bank of Canada cuts PT to C$4.25 from C$5
     * Peyto Exploration & Development  PEY.TO :National Bank of Canada cuts to sector perform
     * Pinnacle Renewable Energy  PL.TO : CIBC cuts to neutral from outperformer
     * Pinnacle Renewable Energy  PL.TO : CIBC cuts target price to C$11 from C$14
     * Pinnacle Renewable Energy  PL.TO : RBC cuts target price to C$13 from C$15
     * Pinnacle Renewable Energy  PL.TO : Scotiabank cuts target price to C$11.50 from C$14
     * Pinnacle Renewable Energy  PL.TO : Scotiabank cuts to sector perform from sector outperform
     * Precision Drilling Corp  PD.TO : National Bank of Canada cuts target price to C$3 from C$3.5
     * Secure Energy Services  SES.TO : National Bank of Canada cuts PT to C$9.25 from C$10.5
     * Step Energy Services  STEP.TO : National Bank of Canada cuts target to C$2 from C$3
     * Step Energy Services  STEP.TO :National Bank of Canada cuts to sector perform from outperform
     * Suncor Energy Inc  SU.TO : National Bank of Canada cuts target price to C$49 from C$55
     * Suncor Energy Inc  SU.TO : National Bank of Canada cuts to sector perform from outperform
     * Vermilion Energy  VET.TO : National Bank of Canada cuts target price to C$24 from C$28
     * Vermilion Energy  VET.TO : National Bank of Canada cuts to sector perform from outperform
     * Winpak Ltd  WPK.TO : CIBC raises to outperformer from neutral
     * Winpak Ltd  WPK.TO : CIBC raises target price to C$50 from C$48
     * Yangarra Resources Ltd  YGR.TO : National Bank of Canada cuts target price to C$3.75 from C$5
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))