Canada Research Roundup: Cascades, Element Fleet Management, Morguard

Coveo Solutions

09/08/2023 08:37

Aug 9 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cascades, Element Fleet Management and Morguard, on Wednesday. 
    
    HIGHLIGHTS    
                 * Cascades Inc  CAS.TO : CIBC raises target price to C$14 from C$12 
 
                 * Element Fleet Management Corp  EFN.TO : RBC raises target price to C$30 from
 C$29 
 
                 * Morguard Corp  MRC.TO : RBC raises target price to C$145 from C$140 
 
    
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.

                 * BTB Real Estate Investment Trust  BTB_u.TO : RBC cuts target price to C$3.75 from C$4 
 
                 * Cascades Inc  CAS.TO : CIBC raises target price to C$14 from C$12 
 
                 * Coveo Solutions Inc  CVO.TO : National Bank of Canada raises target to C$14 from C$11 
 
                 * Coveo Solutions Inc  CVO.TO : RBC raises target price to C$13 from C$11 
 
                 * Doman Building Materials Group Ltd  DBM.TO : CIBC raises target price to C$8.5 from C$7.5 
 
                 * Element Fleet Management Corp  EFN.TO : National Bank of Canada ups PT to C$31 from C$30 
 
                 * Element Fleet Management Corp  EFN.TO : RBC raises target price to C$30 from C$29 
 
                 * Firm Capital Mortgage Investment  FC.TO : TD Securities cuts PT to C$12.50 from C$13.50 
 
                 * Heroux Devtek Inc  HRX.TO : National Bank of Canada cuts target price to C$20 from C$21 
 
                 * Interfor Corp  IFP.TO : CIBC cuts target price to C$32 from C$33 
 
                 * Morguard Corp  MRC.TO : RBC raises target price to C$145 from C$140 
 
                 * Pet Valu Holdings Ltd  PET.TO : Barclays cuts target price to C$35 from C$41 
 
                 * Pet Valu Holdings Ltd  PET.TO : CIBC cuts target price to C$36 from C$44 
 
                 * Pet Valu Holdings Ltd  PET.TO : National Bank of Canada cuts target to C$36 from C$41 
 
                 * Pet Valu Holdings Ltd  PET.TO : RBC cuts target price to C$43 from C$50 
 
                 * PHX Energy Services Corp  PHX.TO : Stifel raises target price to C$10 from C$9.50 
 
    

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