Canada Research Roundup: Altagas, EQB, Royal Bank of Canada

Computer Modelling

31/05/2024 09:46

May 31 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including  Altagas, EQB and Royal Bank of Canada,on Friday .
        
  
        HIGHLIGHTS   
          
  
                 * Altagas Ltd  ALA.TO : CIBC raises target price to C$38 from C$36 
 
                 * EQB Inc  EQB.TO : CIBC raises target price to C$110 from C$100 
 
                 * Royal Bank of Canada  RY.TO : CIBC raises target price to C$150
 from C$135 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
    
                 * Altagas Ltd  ALA.TO : CIBC raises target price to C$38 from C$36 
 
                 * Canadian Imperial Bank of Commerce  CM.TO : National Bank of Canada ups PT to C$78 from
 C$76 
 
                 * Canadian Imperial Bank of Commerce  CM.TO : RBC raises target price to C$69 from C$68 
 
                 * Canopy Growth Corp  WEED.TO : CIBC cuts target price to C$4 from C$4.5 
 
                 * Computer Modelling Group Ltd  CMG.TO : National Bank of Canada ups PT to C$14 from C$12.5 
 
                 * EQB Inc  EQB.TO : CIBC raises target price to C$110 from C$100 
 
                 * Faraday Copper Corp  FDY.TO : TD Cowen resumes coverage with buy rating; target C$1.25 
 
                 * Royal Bank of Canada  RY.TO : CIBC raises target price to C$150 from C$135 
 
                 * Royal Bank of Canada  RY.TO : Jefferies raises target price to C$159 from C$157 
 
                 * Royal Bank of Canada  RY.TO : National Bank of Canada raises target to C$161 from C$154 
 
                 * Royal Bank of Canada  RY.TO : TD Cowen raises target price to C$160 from C$156 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))