Canada Research Roundup: Acadian Timber, Premium Brands Holdings, Toromont Industries

Conifex Timber

13/04/2021 09:34

April 13 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Acadian Timber, Premium Brands Holdings and Toromont Industries, on Tuesday. 
    
    HIGHLIGHTS    
     * Acadian Timber Corp  ADN.TO : CIBC cuts to underperformer from neutral 
     * Premium Brands Holdings Corp  PBH.TO : Scotiabank raises price target to C$137 from C$135 
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$100 from C$95     
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order. 
     
     * Acadian Timber Corp  ADN.TO : CIBC cuts to underperformer from neutral 
     * Canfor Corp  CFP.TO : CIBC raises target price to C$41 from C$35 
     * Canfor Pulp Products Inc  CFX.TO : CIBC raises target price to C$11 from C$10 
     * Canwel Building Materials Group Ltd  CWX.TO : CIBC raises target to C$10.5 from C$9.5 
     * Cascades Inc  CAS.TO : CIBC cuts target price to C$18 from C$19 
     * Conifex Timber Inc  CFF.TO : CIBC raises target price to C$3 from C$2.5 
     * Finning International Inc  FTT.TO : CIBC raises target price to C$39 from C$37 
     * Hardwoods Distribution Inc  HDI.TO : CIBC raises target price to C$39 from C$38 
     * Interfor Corp  IFP.TO : CIBC raises target price to C$50 from C$37 
     * Premium Brands Holdings Corp  PBH.TO : Scotiabank raises price target to C$137 from C$135 
     * Snc-Lavalin Group Inc  SNC.TO : CIBC raises target price to C$34 from C$31 
     * Stantec Inc  STN.TO : CIBC raises target price to C$62 from C$56 
     * Stella-Jones Inc  SJ.TO : CIBC raises target price to C$60 from C$57 
     * Topaz Energy Corp  TPZ.TO : TD Securities raises price target to C$18 from C$17 
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$100 from C$95 
     * West Fraser Timber Co Ltd  WFG.TO : CIBC raises target price to C$135 from C$120 
     * Western Forest Products Inc  WEF.TO : CIBC raises target price to C$2.5 from C$1.9 
    

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