Canada Research Roundup: Canadian Natural Resources, Cogeco Communications, TMX Group

COGECO

18/12/2023 07:04

Dec 18 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Canadian Natural Resources, Cogeco Communications and TMX
Group on Monday. 
    
    HIGHLIGHTS    
    
     * Canadian Natural Resources Ltd  CNQ.TO : Jefferies cuts target price to C$96 from C$98
     * Cogeco Communications Inc  CCA.TO : CIBC cuts target price to C$63 from C$65
     * Rogers Communications Inc  RCIb.TO : CIBC raises target price to C$79 from C$69
     * TMX Group Ltd  X.TO : RBC raises target price to C$34 from C$33
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     
     * BCE Inc  BCE.TO : CIBC raises target price to C$56 from C$55
     * Boralex Inc  BLX.TO : National Bank of Canada raises target price to C$41 from C$38
     * Canadian Natural Resources Ltd  CNQ.TO : Jefferies cuts target price to C$96 from C$98
     * Cogeco Communications Inc  CCA.TO : CIBC cuts target price to C$63 from C$65
     * Cogeco Inc  CGO.TO : CIBC raises target price to C$58 from C$57
     * Enghouse Systems Ltd  ENGH.TO : CIBC raises target price to C$37 from C$34.5
     * Enghouse Systems Ltd  ENGH.TO : TD Securities raises target price to C$38 from C$36
     * Lucero Energy Corp  LOU.V : Stifel cuts target price to C$0.85 from C$0.9
     * Northland Power Inc  NPI.TO : National Bank of Canada raises PT to C$32 from C$30
     * Quebecor Inc  QBRb.TO : CIBC raises target price to C$43 from C$38
     * Rogers Communications Inc  RCIb.TO : CIBC raises target price to C$79 from C$69
     * Telus Corp  T.TO : CIBC raises target price to C$28 from C$26
     * TMX Group Ltd  X.TO : RBC raises target price to C$34 from C$33
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))