Canada Research Roundup: Cogeco, Shaw Communications, Telus

COGECO

22/04/2022 08:54

April 22 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cogeco, Shaw Communications and Telus, on Friday. 
    
    HIGHLIGHTS    
     * Cogeco Inc  CGO.TO : CIBC raises to outperformer from neutral
     * Shaw Communications Inc  SJRb.TO : CIBC revises rating to tender from outperformer 
     * Telus Corp  T.TO : CIBC cuts to neutral from outperformer; raises PT to C$34 from C$33.5 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

     * Cogeco Communications Inc  CCA.TO : CIBC raises target price to C$126 from C$120 
     * Cogeco Inc  CGO.TO : CIBC raises to outperformer from neutral
     * Cogeco Inc  CGO.TO : CIBC raises target price to C$106 from C$101 
     * Flowr Corp  FLWR.V : Atb Capital Markets cuts target price to C$0.08 from C$0.10 
     * Gfl Environmental Inc  GFL.TO : National Bank of Canada cuts target to C$53 from C$55 
     * Great-West Lifeco Inc  GWO.TO : CIBC cuts target price to C$41 from C$42 
     * Marathon Gold Corp  MOZ.TO : TD Securities cuts target price to C$4 from C$4.75 
     * Metro Inc  MRU.TO : CIBC raises target price to C$73 from C$68 
     * Metro Inc  MRU.TO : Desjardins Securities raises target price to C$70 from C$66 
     * Mullen Group Ltd  MTL.TO : CIBC raises target price to C$14 from C$13.5 
     * Mullen Group Ltd  MTL.TO : RBC raises target price to C$15 from C$14 
     * Quebecor Inc  QBRb.TO : CIBC cuts target price to C$39 from C$40 
     * Shaw Communications Inc  SJRb.TO : CIBC revises rating to tender from outperformer 
     * Sun Life Financial Inc  SLF.TO : CIBC cuts target price to C$78 from C$81 
     * Tamarack Valley Energy Ltd  TVE.TO : Atb Capital Markets raises PT to C$6.75 from C$6.50 
     * Tamarack Valley Energy Ltd  TVE.TO : CIBC raises target price to C$7.5 from C$7 
     * Tamarack Valley Energy Ltd  TVE.TO : National Bank of Canada raises PT to C$8.5 from C$8 
     * Tamarack Valley Energy Ltd  TVE.TO : RBC raises target price to C$7.5 from C$7 
     * Telus Corp  T.TO : CIBC cuts to neutral from outperformer; raises PT to C$34 from C$33.5 
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$123 from C$118 
     * Transcontinental Inc  TCLa.TO : CIBC cuts target price to C$19 from C$26 
     * Transcontinental Inc  TCLa.TO : National Bank of Canada cuts target to C$23 from C$24.50 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))