Canada Research Roundup: Cenovus Energy, Lightspeed POS, Suncor Energy

Doman Building Materials

08/06/2021 08:43

June 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cenovus Energy, Lightspeed POS and Suncor Energy, on Tuesday. 
    
    HIGHLIGHTS       
     * Cenovus Energy Inc  CVE.TO : JP Morgan raises to overweight from neutral
     * Inovalis Real Estate Investment Trust  INO_u.TO : Canaccord Genuity cuts to hold from buy
     * Lightspeed POS Inc  LSPD.TO : CIBC raises target price to C$140 from C$135
     * Suncor Energy Inc  SU.TO : JP Morgan raises target price to C$35 from C$33
     * Tricon Residential  TCN.TO : TD Securities resumes 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. 
    
     * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan raises target price to C$55 from C$50
     * Cargojet Inc  CJT.TO : TD Securities initiates coverage with buy rating and C$230 PT 
     * Cenovus Energy Inc  CVE.TO : JP Morgan raises target price to C$14.5 from C$12
     * Cenovus Energy Inc  CVE.TO : JP Morgan raises to overweight from neutral
     * Crescent Point Energy Corp  CPG.TO : Atb Capital Markets raises PT to C$7 from C$6.75
     * CT Real Estate Investment Trust  CRT_u.TO : Scotiabank raises target to C$17.50 from C$17 
     * Doman Building Materials Group Ltd  DBM.TO : CIBC raises target price to C$13 from C$12
     * First Mining Gold Corp  FF.TO : H.C. Wainwright cuts price target to C$1.10 from C$1.20 
     * Imperial Oil Ltd  IMO.TO : JP Morgan raises target price to C$49 from C$42
     * Inovalis Real Estate Investment Trust  INO_u.TO : Canaccord Genuity cuts to hold from buy 
     * Lightspeed Pos Inc  LSPD.TO : Atb Capital Markets raises target price to C$150 from C$140 
     * Lightspeed POS Inc  LSPD.TO : CIBC raises target price to C$140 from C$135
     * MEG Energy Corp  MEG.TO : JP Morgan raises target price to C$11 from C$9.5
     * Nuvei Corp  NVEI.TO : Scotiabank reinstates coverage with C$106 target price 
     * Nuvei Corp  NVEI.TO : Scotiabank reinstates coverage with sector outperform rating 
     * Peyto Exploration & Development Corp  PEY.TO : Canaccord Genuity ups PT to C$9 from C$8 
     * Standard Lithium Ltd  SLL.V : H.C. Wainwright cuts target price to C$4.75 from C$5 
     * Suncor Energy Inc  SU.TO : JP Morgan raises target price to C$35 from C$33
     * Transcontinental Inc  TCLa.TO : RBC raises target price to C$26 from C$25 
     * Tricon Residential  TCN.TO : TD Securities resumes coverage with buy rating
     * Tricon Residential  TCN.TO : TD Securities resumes coverage with C$15.50 vs C$14.50 PT 
     * Well Health Technologies Corp  WELL.TO : Canaccord Genuity raises PT to C$12 from C$11 
     * Well Health Technologies Corp  WELL.TO : CIBC raises target price to C$11 from C$9
     * Well Health Technologies Corp  WELL.TO : TD Securities raises target to C$11 from C$9.50 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))