Canada Research Roundup: Canadian National Railway, Cronos Group, Norbord

Digi Power X

01/05/2018 11:49

May 1 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian National Railway, Cronos Group Inc and Norbord Inc, on
Tuesday. 
    
    
  HIGHLIGHTS 

     * Canadian National Railway Co  CNR.TO : CIBC cuts to neutral from outperformer
     * Cronos Group Inc  CRON.V : Canaccord Genuity cuts to sell from hold
     * Norbord Inc  OSB.TO : Credit Suisse cuts to neutral from outperform
     * Summit Industrial Income  SMU_u.TO : Desjardins starts with hold rating; C$8.75 target  
             
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
      
     * Alio Gold Inc  ALO.TO : RBC cuts price target to C$4 from C$6
     * Canadian National Railway Co  CNR.TO : CIBC cuts to neutral from outperformer
     * Canadian Tire Corporation Ltd  CTCa.TO : RBC cuts price target to C$200 from C$202
     * Capital Power Corp  CPX.TO : CIBC raises price target to C$28 from C$27
     * Cronos Group Inc  CRON.V : Canaccord Genuity cuts to sell from hold
     * Cronos Group Inc  CRON.V : Canaccord Genuity raises price target to C$6.50 from C$6.00
     * First Quantum Minerals Ltd  FM.TO : RBC cuts price target to C$24 from C$25
     * Hashchain Technology Inc  KASH.V : Eight Capital starts with buy rating; C$0.75 target 
     * Norbord Inc  OSB.TO : Credit Suisse cuts to neutral from outperform
     * Northland Power Inc  NPI.TO : Desjardins raises target price to C$27.50 from C$27
     * Summit Industrial Income  SMU_u.TO : Desjardins starts with hold rating; C$8.75 target 
     

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