Canada Research Roundup: Bird Construction, Canadian Tire, Desert Mountain Energy

Desert Mountain Energy

27/10/2020 09:33

Oct 27 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies,
including Bird Construction, Canadian Tire and Desert Mountain Energy, on Tuesday. 
    
    HIGHLIGHTS    
     * Bird Construction Inc  BDT.TO : CIBC initiates coverage with outperformer rating 
     * Canadian Tire Corporation Ltd  CTCa.TO : RBC raises target price to C$173 from C$168 
     * Desert Mountain Energy  DME.V : Cormark Securities initiates coverage with buy rating 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are
in alphabetical order. 
    
     * Absolute Software Corp  ABT.TO : National Bank of Canada raises target to C$18 from C$17 
     * Airboss of America Corp  BOS.TO : Canaccord Genuity raises target price to C$43 from C$32 
     * Altus Group Ltd  AIF.TO : National Bank of Canada raises target price to C$52 from C$45 
     * Bird Construction Inc  BDT.TO : CIBC initiates coverage with outperformer rating 
     * Bird Construction Inc  BDT.TO : CIBC initiates coverage with C$9 price target 
     * Canadian Tire Corporation Ltd  CTCa.TO : RBC raises target price to C$173 from C$168 
     * Desert Mountain Energy  DME.V : Cormark Securities initiates coverage with buy rating 
     * Desert Mountain Energy  DME.V : Cormark Securities initiates coverage with C$4.25 PT 
     * Stelco Holdings Inc  STLC.TO : Scotiabank raises target price to C$21 from C$16 
     * Taseko Mines Ltd  TKO.TO : National Bank of Canada cuts target to C$1.75 from C$1.80 
     * TFI International Inc  TFII.TO : Cormark Securities raises target price to C$80 from C$68 
     * TFI International Inc  TFII.TO : Stephens raises price target to C$82 from C$71 
     * Turquoise Hill Resources Ltd  TRQ.TO : Scotiabank adjusts PT to C$20 from C$2 to reflect 10for1 reverse
 stock split 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))