Canada Research Roundup: Altagas, Cogeco, Enbridge

COGECO

15/07/2024 08:20

July 15 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Altagas, Cogeco and Enbridge, on Monday. 
    
    HIGHLIGHTS        
                 * Altagas Ltd  ALA.TO : CIBC raises target price to C$40 from C$38
 
                 * Cogeco Inc  CGO.TO : CIBC raises target price to C$59 from C$58
 
                 * Enbridge Inc  ENB.TO : CIBC raises target price to C$59 from C$57
 
                 * TCP Energy Corp  TRP.TO : CIBC raises target price to C$59 from C$56
 
                 * Topaz Energy Corp  TPZ.TO : CIBC raises target price to C$30 from C$27
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     
                 * Alamos Gold Inc  AGI.TO : CIBC raises target price to C$38 from C$25
 
                 * Altagas Ltd  ALA.TO : CIBC raises target price to C$40 from C$38
 
                 * ARC Resources Ltd  ARX.TO : CIBC raises target price to C$34 from C$31
 
                 * Aritzia Inc  ATZ.TO : CIBC raises target price to C$47 from C$41
 
                 * Canadian Natural Resources Ltd  CNQ.TO : Jefferies cuts target price to C$55 from C$110
 
                 * Cardinal Energy Ltd (Alberta)  CJ.TO : CIBC raises target price to C$8.75 from C$8.5
 
                 * Cogeco Communications Inc  CCA.TO : RBC raises target price to C$76 from C$73
 
                 * Cogeco Inc  CGO.TO : CIBC raises target price to C$59 from C$58
 
                 * Coveo Solutions Inc  CVO.TO : Canaccord Genuity cuts target price to C$11 from C$12
 
                 * Enbridge Inc  ENB.TO : CIBC raises target price to C$59 from C$57
 
                 * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$10 from C$8.5
 
                 * Keyera Corp  KEY.TO : CIBC raises target price to C$39 from C$37
 
                 * Logan Energy Corp  LGN.V : CIBC raises target price to C$1.75 from C$1.5
 
                 * MEG Energy Corp  MEG.TO : Jefferies cuts target price to C$32 from C$35
 
                 * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$20 from C$16.5
 
                 * Nuvista Energy Ltd  NVA.TO : Jefferies raises target price to C$17 from C$15
 
                 * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$38 from C$37
 
                 * Pembina Pipeline Corp  PPL.TO : CIBC raises target price to C$60 from C$59
 
                 * Peyto Exploration & Development Corp  PEY.TO : CIBC cuts target price to C$17 from C$17.5
 
                 * Richelieu Hardware Ltd  RCH.TO : CIBC cuts target price to C$44 from C$45
 
                 * Secure Energy Services Inc  SES.TO : CIBC raises target price to C$13 from C$12
 
                 * Spartan Delta Corp  SDE.TO : CIBC raises target price to C$7 from C$6
 
                 * Tamarack Valley Energy Ltd  TVE.TO : CIBC raises target price to C$5.5 from C$5.25
 
                 * TCP Energy Corp  TRP.TO : CIBC raises target price to C$59 from C$56
 
                 * Terravest Industries Inc  TVK.TO : National Bank of Canada initiates with outperform rating
 
                 * Terravest Industries Inc  TVK.TO : National Bank of Canada initiates with PT C$89
 
                 * Topaz Energy Corp  TPZ.TO : CIBC raises target price to C$30 from C$27
 
                 * Topaz Energy Corp  TPZ.TO : Jefferies raises target price to C$28 from C$27
 
                 * Veren Inc  VRN.TO : Jefferies cuts target price to C$13 from C$14
 
    

 (Compiled by Bengaluru Newsroom)
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