Canada Research Roundup: Fortis, Kinaxis, Quebecor

Chorus Aviation

09/05/2022 08:21

May 9 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Fortis and Kinaxis, Quebecor on Monday. 
    
    HIGHLIGHTS    
     * Canadian Natural Resources  CNQ.TO : Credit Suisse raises target price to C$93 from C$85
     * Fortis Inc  FTS.TO : Veritas Research raises to buy from reduce
     * Kinaxis Inc  KXS.TO : Atb Capital Markets raises target price to C$210 from C$200
     * Quebecor Inc  QBRb.TO : National Bank of Canada cuts to sector perform from outperform
  
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     * Canadian Natural Resources  CNQ.TO : Credit Suisse raises target price to C$93 from C$85
     * Cenovus Energy Inc  CVE.TO : Credit Suisse raises target price to C$32 from C$28
     * Centerra Gold Inc  CG.TO : National Bank of Canada cuts target price to C$15 from C$16
     * Chorus Aviation  CHR.TO : National Bank of Canada raises to outperform from sector perform
     * Chorus Aviation  CHR.TO : National Bank of Canada raises target to C$5.50 from C$4.65
     * Dialogue Health Technologies  CARE.TO : National Bank of Canada cuts PT to C$11.50 from C$12.25
     * Dundee Precious Metals  DPM.TO : National Bank of Canada raises PT to C$10.50 from C$10
     * Enbridge Inc  ENB.TO : National Bank of Canada raises target price to C$60 from C$57
     * Endeavour Mining Plc  EDV.TO : National Bank of Canada raises PT to C$46 from C$45.25
     * Fortis Inc  FTS.TO : Veritas Research raises to buy from reduce
     * Galiano Gold Inc  GAU.TO : Berenberg raises target price to C$0.70 from C$0.67
     * Imperial Oil Ltd  IMO.TO : Credit Suisse raises target price to C$72 from C$65
     * Kinaxis Inc  KXS.TO : Atb Capital Markets raises target price to C$210 from C$200
     * Lassonde Industries Inc  LASa.TO : National Bank of Canada cuts PT to C$170 from C$172
     * Pembina Pipeline Corp  PPL.TO : Atb Capital Markets raises target price to C$54 from C$52
     * Pembina Pipeline Corp  PPL.TO : National Bank of Canada raises PT to C$48 from C$45
     * Quebecor Inc  QBRb.TO : National Bank of Canada cuts to sector perform from outperform
     * Transalta Corp  TA.TO : National Bank of Canada raises target price to C$15 from C$14
     * Transalta Renewables Inc  RNW.TO : National Bank of Canada cuts PT to C$18.50 from C$19
   

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