Canada Research Roundup: Automotive Properties REIT, European Residential REIT, Nexus Industrial REIT

Copper Mountain Mining

20/07/2022 08:35

July 20 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Automotive Properties REIT, European Residential REIT and Nexus Industrial REIT, on
Wednesday. 

  HIGHLIGHTS
     * Automotive Properties REIT  APR_u.TO : NBC cuts to sector perform from outperform
     * European Residential REIT  ERE_u.TO : NBC cuts to sector perform from outperform
     * Nexus Industrial REIT  NXR_u.TO : NBC cuts to sector perform from outperform
 
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock
entries are in alphabetical order. 
     
     * Air Canada  AC.TO : Citigroup cuts price target to C$19 from C$25.5
     * Automotive Properties REIT  APR_u.TO : NBC cuts to sector perform from outperform
     * Automotive Properties REIT  APR_u.TO : NBC cuts target price to C$13 from C$15.50
     * Bombardier  BBDb.TO : National Bank of Canada cuts target price to C$46 from C$65
     * Capstone Copper Corp  CS.TO : CIBC cuts target price to C$6.25 from C$7.5
     * Copper Mountain Mining Corp  CMMC.TO : CIBC cuts target price to C$2.9 from C$3.5
     * European Residential REIT  ERE_u.TO : NBC cuts to sector perform from outperform
     * European Residential REIT  ERE_u.TO : NBC cuts target price C$3.75 from C$5.80
     * First Quantum Minerals Ltd  FM.TO : CIBC cuts target price to C$34 from C$40
     * Hudbay Minerals Inc  HBM.TO : CIBC cuts target price to C$10 from C$12
     * Lundin Mining Corp  LUN.TO : CIBC cuts target price to C$11 from C$13
     * Neighbourly Pharmacy Inc  NBLY.TO : TD Securities cuts target price to C$33 from C$35
     * Nexus Industrial REIT  NXR_u.TO : NBC cuts to sector perform from outperform
     * Nexus Industrial REIT  NXR_u.TO : NBC cuts target price C$10 from C$15
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))