Canada Research Roundup: Bombardier, Fairfax Financial Holdings, Spartan Delta

Definity Financial

04/08/2023 08:33

Aug 4 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bombardier, Fairfax Financial Holdings and Spartan Delta, on
Friday. 
    
    HIGHLIGHTS    
    
     * Bombardier  BBDb.TO : RBC raises target price to C$104 from C$103
     * Canadian Natural Resources  CNQ.TO : Evercore ISI raises target price to C$90 from C$88
     * Fairfax Financial Holdings Ltd  FFH.TO : CIBC raises target price to C$1400 from C$1300
     * Spartan Delta Corp  SDE.TO : TD Securities raises to buy from hold
     * SNC-Lavalin Group Inc  SNC.TO : CIBC raises target price to C$50 from C$44
        
Following is a summary of research actions on Canadian companies reported by Reuters on XXXday.
Stock entries are in alphabetical order. 
     
     * ARC Resources Ltd  ARX.TO : CIBC raises target price to C$26 from C$25.5
     * BCE Inc  BCE.TO : CIBC cuts target price to C$62 from C$64
     * BCE Inc  BCE.TO : JP Morgan cuts target price to C$62 from C$64
     * BCE Inc  BCE.TO : National Bank of Canada cuts target price to C$60 from C$62
     * BCE Inc  BCE.TO : RBC cuts target price to C$63 from C$64
     * Bombardier  BBDb.TO : RBC raises target price to C$104 from C$103
     * Bombardier  BBDb.TO : TD Securities raises target price to C$92 from C$87
     * Canadian Natural Resources  CNQ.TO : Evercore ISI raises target price to C$90 from C$88
     * Canadian Natural Resources  CNQ.TO : National Bank of Canada cuts PT to C$90 from C$93
     * Cascades Inc  CAS.TO : National Bank of Canada raises target price to C$13.50 from C$13
     * Cascades Inc  CAS.TO : RBC raises target price to C$15 from C$14
     * Copperleaf Technologies  CPLF.TO : CIBC cuts target price to C$5 from C$6.5
     * Copperleaf Technologies  CPLF.TO : CIBC cuts to underperformer from neutral
     * Copperleaf Technologies  CPLF.TO : National Bank of Canada cuts to sector perform from
 outperform
     * Copperleaf Technologies  CPLF.TO : National Bank of Canada cuts target to C$7 from C$8
     * Definity Financial Corp  DFY.TO : RBC raises target price to C$49 from C$46
     * Dream Residential REIT  DRRu.TO : CIBC cuts target price to $10.5 from $12
     * Dream Residential REIT  DRRu.TO : National Bank of Canada raises PT to $10 from $9.75
     * Dundee Precious Metals  DPM.TO : National Bank of Canada raises PT to C$15 from C$14.50
     * European Residential REIT  ERE_u.TO : CIBC cuts target price to C$3.75 from C$4.25
     * European Residential REIT  ERE_u.TO : National Bank of Canada raises PT to C$3 from C$2.90
     * European Residential REIT  ERE_u.TO : RBC cuts to sector perform from outperform
     * European Residential REIT  ERE_u.TO : RBC cuts target price to C$3.5 from C$4.25
     * European Residential REIT  ERE_u.TO : TD Securities cuts target price to C$3.75 from C$4
     * Fairfax Financial Holdings Ltd  FFH.TO : CIBC raises target price to C$1400 from C$1300
     * Gildan Activewear Inc  GIL.TO : National Bank of Canada cuts target to C$46 from C$48
     * Headwater Exploration Inc  HWX.TO : RBC raises target price to C$8.5 from C$8
     * Jamieson Wellness Inc  JWEL.TO : RBC cuts target price to C$38 from C$42
     * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$8.75 from C$7.75
     * Kelt Exploration Ltd  KEL.TO : TD Securities raises target price to C$8 from C$7
     * Lightspeed Commerce Inc  LSPD.TO : CIBC raises target price to C$27 from C$21
     * Lundin Mining Corp  LUN.TO : National Bank of Canada raises target to C$11.50 from C$11
     * Maple Leaf Foods Inc  MFI.TO : CIBC raises target price to C$37 from C$33
     * Riocan Real Estate Investment Trust  REI_u.TO : RBC cuts target price to C$24 from C$25
     * Slate Office REIT  SOT_u.TO : National Bank of Canada cuts to underperform from sector
 perform
     * Slate Office REIT  SOT_u.TO : National Bank of Canada cuts target to C$1.25 from C$1.90
     * SNC-Lavalin Group Inc  SNC.TO : CIBC raises target price to C$50 from C$44
     * SNC-Lavalin Group Inc  SNC.TO : National Bank of Canada raises target to C$46 from C$39
     * SNC-Lavalin Group Inc  SNC.TO : RBC raises target price to C$49 from C$45
     * Spartan Delta Corp  SDE.TO : TD Securities raises to buy from hold
     * Spin Master Corp  TOY.TO : CIBC raises target price to C$48 from C$47
     * Spin Master Corp  TOY.TO : RBC raises target price to C$49 from C$48
     * Step Energy Services Ltd  STEP.TO : RBC raises target price to C$5 from C$4.25
     * Superior Plus Corp  SPB.TO : CIBC raises target price to C$14 from C$13.5
     * Tourmaline Oil Corp  TOU.TO : CIBC raises target price to C$77 from C$75
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))