Canada Research Roundup: Air Canada, Cineplex, Toromont Industries

Doman Building Materials

10/11/2020 08:47

Nov 10 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Air Canada, Cineplex and Toromont Industries, on Tuesday. 
    
    HIGHLIGHTS    
     * Air Canada  AC.TO : Atb Capital Markets raises target price to C$27.50 from C$26
     * Cineplex Inc  CGX.TO : CIBC raises price target to C$8.00 from C$6.00
     * Toromont Industries Ltd  TIH.TO : CIBC raises price target to C$90.00 from C$73.00
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
     * Air Canada  AC.TO : Atb Capital Markets raises target price to C$27.50 from C$26
     * Air Canada  AC.TO : CIBC raises price target to C$25.00 from C$21.00
     * Air Canada  AC.TO : Cowen and Company raises target price to C$20 from C$17
     * Aurora Cannabis Inc  ACB.TO : CIBC raises price target to C$15.00 from C$12.00
     * Aurora Cannabis Inc  ACB.TO : Cowen and Company raises PT to C$16 from C$10
     * Bombardier  BBDb.TO : CIBC cuts price target to C$0.40 from C$0.45
     * Canopy Growth Corp  WEED.TO : Canaccord Genuity raises target price to C$25 from C$22
     * Canwel Building Materials Group Ltd  CWX.TO : CIBC raises PT to C$8.00 from C$7.00
     * Charlotte's Web Holdings Inc  CWEB.TO : Eight Capital cuts PT to C$7 from C$9
     * Chartwell Retirement Residences  CSH_u.TO : RBC raises PT to C$12.50 from C$11.50
     * Cineplex Inc  CGX.TO : CIBC raises price target to C$8.00 from C$6.00
     * Cineplex Inc  CGX.TO : RBC raises price target to C$8 from C$7
     * Hardwoods Distribution Inc  HDI.TO : Canaccord Genuity raises PT to C$30 from C$23
     * Hardwoods Distribution Inc  HDI.TO : CIBC raises price target to C$31.00 from C$28.00
     * Hardwoods Distribution Inc  HDI.TO : National Bank of Canada ups PT to C$35 from C$29.50
     * Interrent REIT  IIP_u.TO : CIBC cuts price target to C$14.50 from C$16.00
     * Pinnacle Renewable Energy Inc  PL.TO : Scotiabank raises target price to C$9 from C$8
     * Seven Generations Energy Ltd  VII.TO : CIBC raises price target to C$6.50 from C$6.00
     * Sierra Metals Inc  SMT.TO : CIBC raises price target to C$3.50 from C$3.30
     * Toromont Industries Ltd  TIH.TO : CIBC raises price target to C$90.00 from C$73.00
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))