Canada Research Roundup: Air Canada, Capital Power, Definity Financial

Converge Technology Solutions

03/08/2022 08:22

Aug 3 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Air Canada, Capital Power and Definity Financial, on Wednesday. 
    
    HIGHLIGHTS    
     * Air Canada  AC.TO : Atb Capital Markets raises target price to C$32 from C$30 
     * Capital Power Corp  CPX.TO : CIBC raises target price to C$50 from C$49 
     * Definity Financial Corp  DFY.TO : National Bank of Canada raises PT to C$39 from C$38 
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 

     * AGF Management Ltd  AGFb.TO : TD Securities raises target price to C$8 from C$7.50 
     * Air Canada  AC.TO : Atb Capital Markets raises target price to C$32 from C$30 
     * Capital Power Corp  CPX.TO : Atb Capital Markets raises target price to C$49 from C$46 
     * Capital Power Corp  CPX.TO : CIBC raises target price to C$50 from C$49 
     * Converge Technology Solutions Corp  CTS.TO : Scotiabank raises target to C$12 from C$11 
     * Definity Financial Corp  DFY.TO : National Bank of Canada raises PT to C$39 from C$38 
     * Fiera Capital Corp  FSZ.TO : TD Securities cuts target price to C$10.50 from C$11 
     * Gear Energy Ltd  GXE.TO : Stifel FirstEnergy cuts target price to C$1.55 from C$1.75 
     * IGM Financial Inc  IGM.TO : TD Securities cuts target price to C$44 from C$48 
     * Kinross Gold Corp  K.TO : National Bank of Canada cuts target price to C$8.25 from C$9.25 
     * Neighbourly Pharmacy Inc  NBLY.TO : Desjardins Securities cuts target to C$25 from C$26 
     * Neighbourly Pharmacy Inc  NBLY.TO : National Bank of Canada cuts PT to C$25 from C$26.5 
     * Onex Corp  ONEX.TO : TD Securities cuts target price to C$100 from C$115 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))