Canada Research Roundup: Bank of Montreal, First Quantum Minerals, Teck Resources

Copper Mountain Mining

06/12/2021 07:33

Dec 6 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bank of Montreal, First Quantum Minerals and Teck Resources, on
Monday. 
    
    HIGHLIGHTS    
     * Bank of Montreal  BMO.TO : RBC raises target price to C$154 from C$146 
     * First Quantum Minerals Ltd  FM.TO : CIBC cuts target price to C$37 from C$38.50 
     * Teck Resources Ltd  TECKb.TO : CIBC raises target price to C$42 from C$40 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     
     * Bank of Montreal  BMO.TO : RBC raises target price to C$154 from C$146 
     * Centerra Gold Inc  CG.TO : CIBC cuts target price to C$11.25 from C$11.75 
     * Copper Mountain Mining Corp  CMMC.TO : CIBC cuts target price to C$5 from C$5.50 
     * Ero Copper Corp  ERO.TO : CIBC cuts target price to C$27 from C$32 
     * First Quantum Minerals Ltd  FM.TO : CIBC cuts target price to C$37 from C$38.50 
     * Hudbay Minerals Inc  HBM.TO : CIBC cuts target price to C$14 from C$15 
     * Lundin Mining Corp  LUN.TO : CIBC cuts target price to C$11 from C$12 
     * Teck Resources Ltd  TECKb.TO : CIBC raises target price to C$42 from C$40 
    

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