Canada Research Roundup: Aecon Group, Cascades, Interfor

D2L

11/07/2024 08:26

July 11 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Aecon Group, Cascades and Interfor, on Thursday. 
    
    HIGHLIGHTS        
                 * Aecon Group Inc  ARE.TO : CIBC cuts target price to C$22 from C$23
 
                 * Cascades Inc  CAS.TO : RBC cuts target price to C$10 from C$11
 
                 * Interfor Corp  IFP.TO : RBC cuts target price to C$24 from C$27
 
                 * Saturn Oil & Gas Inc  SOIL.TO : National Bank of Canada initiates with sector perform
 rating
 
                 * Strathcona Resources Ltd  SCR.TO : Scotiabank raises target price to C$42 from C$40
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     
                 * Aecon Group Inc  ARE.TO : CIBC cuts target price to C$22 from C$23
 
                 * Canfor Corp  CFP.TO : RBC cuts target price to C$18 from C$19
 
                 * Canfor Pulp Products Inc  CFX.TO : RBC cuts target price to C$1.25 from C$1.5
 
                 * Cascades Inc  CAS.TO : RBC cuts target price to C$10 from C$11
 
                 * D2L Inc  DTOL.TO : Canaccord Genuity raises target price to C$13.5 from C$12.5
 
                 * Doman Building Materials Group Ltd  DBM.TO : RBC cuts target price to C$9 from C$10
 
                 * Interfor Corp  IFP.TO : RBC cuts target price to C$24 from C$27
 
                 * Northland Power Inc  NPI.TO : National Bank of Canada raises target to C$35 from C$34
 
                 * Orezone Gold Corp  ORE.TO : Ventum Financial cuts target price to C$1.5 from C$1.7
 
                 * Saturn Oil & Gas Inc  SOIL.TO : National Bank of Canada initiates with sector perform rating
 
                 * Saturn Oil & Gas Inc  SOIL.TO : National Bank of Canada initiates with target price C$4
 
                 * Strathcona Resources Ltd  SCR.TO : Scotiabank raises target price to C$42 from C$40
 
                 * Western Forest Products Inc  WEF.TO : RBC cuts target price to C$0.7 from C$0.8
 
      

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