Canada Research Roundup: Baytex Energy, Canadian Natural Resources, Cogeco Communications

COGECO

03/11/2023 07:26

Nov 3 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Baytex Energy, Canadian Natural Resources and Cogeco
Communications, on Friday. 
    
    HIGHLIGHTS   
        
     * Baytex Energy  BTE.TO : National Bank of Canada raises to outperform from sector perform
     * Canadian Natural Resources Ltd  CNQ.TO : Stifel raises target price to C$106 from C$99
     * Cogeco Communications Inc  CCA.TO : National Bank of Canada cuts PT to C$63 from C$67
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.

     * Allied Gold Corp  AAUC.TO : CIBC initiates coverage with outperform rating; PT C$8
     * ARC Resources Ltd  ARX.TO : Canaccord Genuity raises target price to C$28 from C$24
     * ARC Resources Ltd  ARX.TO : CIBC raises target price to C$28 from C$26
     * ARC Resources Ltd  ARX.TO : Stifel raises target price to C$24.25 from C$23
     * Baytex Energy Corp  BTE.TO : Canaccord Genuity raises target price to C$8 from C$7.50
     * Baytex Energy Corp  BTE.TO : National Bank of Canada raises PT to C$9.25 from C$8.5
     * Baytex Energy  BTE.TO : National Bank of Canada raises to outperform from sector perform
     * BCE Inc  BCE.TO : CIBC cuts target price to C$55 from C$56
     * Canadian Natural Resources Ltd  CNQ.TO : Stifel raises target price to C$106 from C$99
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada cuts target price to C$36 from C$37
     * Cenovus Energy Inc  CVE.TO : RBC raises target price to C$32 from C$30
     * Cenovus Energy Inc  CVE.TO : TD Securities raises target price to C$35 from C$34
     * Cogeco Communications Inc  CCA.TO : CIBC cuts target price to C$65 from C$69
     * Cogeco Communications Inc  CCA.TO : National Bank of Canada cuts PT to C$63 from C$67
     * Cogeco Inc  CGO.TO : CIBC cuts target price to C$53 from C$58
     * Ero Copper Corp  ERO.TO : CIBC cuts target price to C$24 from C$26
     * First Majestic Silver Corp  FR.TO : TD Securities cuts target price to C$8 from C$10
     * GFL Environmental Inc  GFL.TO : Atb Capital Markets raises PT to C$60 from C$58
     * Gibson Energy Inc  GEI.TO : JP Morgan raises target price to C$26 from C$25
     * Gildan Activewear Inc  GIL.TO : National Bank of Canada raises PT to C$52 from C$48
     * Jamieson Wellness Inc  JWEL.TO : RBC cuts target price to C$35 from C$38
     * Lightspeed Commerce Inc  LSPD.TO : CIBC raises target price to C$24 from C$23
     * Maple Leaf Foods Inc  MFI.TO : CIBC cuts target price to C$36 from C$37
     * Paramount Resources Ltd  POU.TO : Atb Capital Markets cuts PT to C$38 from C$39
     * Paramount Resources Ltd  POU.TO : Stifel cuts target price to C$40 from C$41
     * Parkland Corp  PKI.TO : Atb Capital Markets raises target price to C$50 from C$48
     * Parkland Corp  PKI.TO : CIBC raises target price to C$50 from C$48.5
     * Pembina Pipeline Corp  PPL.TO : CIBC raises target price to C$52 from C$51
     * Primaris REIT  PMZ_u.TO : Canaccord Genuity raises target price to C$17.25 from C$16
     * Savaria Corp  SIS.TO : TD Securities cuts target price to C$18 from C$21
     * Spin Master Corp  TOY.TO : CIBC cuts target price to C$47 from C$50
     * Spin Master Corp  TOY.TO : TD Securities cuts target price to C$50 from C$51
     * Step Energy Services Ltd  STEP.TO : RBC raises target price to C$5.50 from C$5
  

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