Canada Research Roundup: CGI, Kinaxis Inc, Roots Corp

Docebo

12/12/2022 07:15

Dec 12 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including CGI, Kinaxis and Roots, on Monday. 
    HIGHLIGHTS    
     * CGI Inc  GIBa.TO : CIBC raises target price to C$140 from C$135
     * Kinaxis Inc  KXS.TO : CIBC raises target price to C$200 from C$190
     * Roots Corp  ROOT.TO : TD Securities cuts to hold from buy
 Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     * Aris Mining Corp  ARIS.TO : Canaccord Genuity raises target price to C$7.5 from C$6.5
     * CGI Inc  GIBa.TO : CIBC raises target price to C$140 from C$135
     * Constellation Software Inc  CSU.TO : CIBC raises target price to C$2450 from C$2300
     * Converge Technology Solutions Corp  CTS.TO : CIBC cuts target price to C$5.25 from C$7
     * Crescent Point Energy  CPG.TO : Stifel FirstEnergy cuts target price to C$16 from C$17
     * Docebo Inc  DCBO.TO : CIBC raises target price to C$66 from C$54
     * Kinaxis Inc  KXS.TO : CIBC raises target price to C$200 from C$190
     * Laurentian Bank of Canada  LB.TO : National Bank of Canada cuts PT to C$44 from C$46
     * Lucero Energy Corp  LOU.V : CIBC starts with neutral rating and C$0.85 price target
     * Magnet Forensics Inc  MAGT.TO : CIBC raises target price to C$50 from C$33
     * Marathon Gold Corp  MOZ.TO : CIBC cuts target price to C$1.65 from C$1.75
     * Marathon Gold Corp  MOZ.TO : RBC cuts target price to C$1.5 from C$2.25
     * Q4 Inc  QFOR.TO : CIBC cuts target price to C$2.75 from C$4.5
     * Roots Corp  ROOT.TO : RBC cuts target price to C$3 from C$4
     * Roots Corp  ROOT.TO : TD Securities cuts to hold from buy
     * Roots Corp  ROOT.TO : TD Securities cuts target price to C$3.25 from C$4.5
     * Softchoice Corp (Ca)  SFTC.TO : CIBC cuts target price to C$16 from C$20
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))