Canada Research Roundup: Canfor, Cascades, West Fraser Timber

Doman Building Materials

13/01/2020 08:33

Jan 13 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canfor, Cascades and West Fraser Timber on Monday. 
    
 HIGHLIGHTS        
     * Canfor Corp  CFP.TO : CIBC raises to outperformer from neutral
     * Cascades Inc  CAS.TO : CIBC raises to outperformer from neutral
     * West Fraser Timber Co Ltd  WFT.TO : CIBC cuts to neutral from outperformer
           
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.      
          
     * Aritzia Inc  ATZ.TO : CIBC raises price target to C$27 from C$23
     * Canadian Natural Resources Ltd  CNQ.TO : RBC raises target price to C$45 from C$42
     * Canfor Corp  CFP.TO : CIBC cuts price target to C$15 from C$16
     * Canfor Corp  CFP.TO : CIBC raises to outperformer from neutral
     * Canfor Pulp Products Inc  CFX.TO : CIBC raises price target to C$12 from C$10
     * Canfor Pulp Products Inc  CFX.TO : CIBC raises to outperformer from neutral
     * Canwel Building Materials Group  CWX.TO : CIBC raises price target to C$5.50 from C$5
     * Cascades Inc  CAS.TO : CIBC raises to outperformer from neutral
     * Hardwoods Distribution Inc  HDI.TO : CIBC raises price target to C$19 from C$17
     * Mjardin Group Inc  MJAR.CD : Canaccord Genuity cuts target price to C$0.24
     * Stella-Jones Inc  SJ.TO : CIBC raises price target to C$47 from C$46
     * West Fraser Timber Co Ltd  WFT.TO : CIBC cuts price target to C$56 from C$58
     * West Fraser Timber Co Ltd  WFT.TO : CIBC cuts to neutral from outperformer
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))