Canada Research Roundup: Constellation Software, D2L, Lithium Americas

Converge Technology Solutions

15/12/2021 07:56

Dec 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Constellation Software, D2L and Lithium Americas on Wednesday. 
    
    HIGHLIGHTS    
     * Constellation Software Inc  CSU.TO : Scotiabank raises PT to C$2,500 from C$2,400
     * D2L Inc  DTOL.TO : National Bank of Canada initiates coverage with outperform rating
     * Lithium Americas Corp  LAC.TO : JP Morgan raises target price to C$53 from C$49
                       
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock
entries are in alphabetical order. 
    
     * Algonquin Power & Utilities Corp  AQN.TO : JP Morgan cuts target price to C$20 from C$21
     * Constellation Software Inc  CSU.TO : Scotiabank raises PT to C$2,500 from C$2,400
     * Converge Technology Solutions  CTS.TO : TD Securities initiates coverage with hold rating
     * Converge Technology Solutions  CTS.TO : TD Securities initiates coverage with PT C$13
     * D2L Inc  DTOL.TO : National Bank of Canada initiates coverage with outperform rating
     * D2L Inc  DTOL.TO : National Bank of Canada initiates coverage with target price C$20
     * Dri Healthcare Trust  DHTu.TO : National Bank of Canada initiates coverage with outperform rating
     * Dri Healthcare Trust  DHTu.TO : National Bank of Canada initiates coverage with PT $10
     * Hexo Corp  HEXO.TO : Canaccord Genuity cuts target price to C$1 from C$2
     * Hexo Corp  HEXO.TO : CIBC cuts target price to C$0.80 from C$2
     * Lithium Americas Corp  LAC.TO : JP Morgan raises target price to C$53 from C$49
     * New Gold Inc  NGD.TO : Canaccord Genuity raises target price to C$2.85 from C$2.5
     * Roots Corp  ROOT.TO : RBC raises target price to C$4 from C$3.50
 

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