Canada Research Roundup: Crescent Point Energy, Kinder Morgan Canada, Kirkland Lake

Doman Building Materials

10/05/2019 08:22

May 10 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Crescent Point Energy, Kinder Morgan Canada and Kirkland Lake, on
Friday. 
    
  HIGHLIGHTS
     * Athabasca Oil Corp  ATH.TO : CIBC raises target price to C$1.50 from C$1.35
     * Crescent Point Energy Corp  CPG.TO : CIBC raises to outperformer from neutral
     * Kinder Morgan Canada Ltd  KML.TO : CIBC cuts to underperformer from neutral
     * Kirkland Lake Gold  KL.TO : National Bank of Canada cuts to sector perform from outperform
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.      
    
     * Alcanna Inc  CLIQ.TO : RBC raises price target to C$6 from C$5.50
     * Athabasca Oil Corp  ATH.TO : CIBC raises target price to C$1.50 from C$1.35
     * Canadian Tire Corporation  CTCa.TO : National Bank of Canada cuts target price to C$166 
     * Canwel Building Materials Group  CWX.TO : National Bank of Canada cuts TP to C$4.50 
     * Cascades Inc  CAS.TO : RBC cuts price target to C$12 from C$13
     * Chemtrade Logistics Income Fund  CHE_u.TO : Desjardins cuts target price to C$11 
     * CI Financial Corp  CIX.TO : CIBC raises target price to C$22 from C$21
     * CI Financial Corp  CIX.TO : RBC raises price target to C$21 from C$18
     * Crescent Point Energy Corp  CPG.TO : CIBC raises to outperformer from neutral
     * Cronos Group Inc  CRON.TO : Canaccord Genuity cuts price target to C$16 from C$17
     * Cronos Group Inc  CRON.TO : CIBC cuts target price to C$25 from C$30
     * Detour Gold  DGC.TO : National Bank of Canada raises target price to C$16.5 from C$16
     * Eldorado Gold  ELD.TO : National Bank of Canada raises target price to C$8.75 from C$8.5
     * Equitable Group Inc  EQB.TO : CIBC raises target price to C$94 from C$92
     * Ero Copper Corp  ERO.TO : National Bank of Canada raises target price to C$18.5 from C$18
     * First Capital Realty  FCR.TO : National Bank of Canada cuts target to C$22.50 from C$23
     * First Quantum Minerals  FM.TO : National Bank of Canada cuts target to C$16 from C$17.5
     * Granite REIT  GRT_u.TO : Desjardins raises target price to C$65 from C$64
     * Hudbay Minerals  HBM.TO : National Bank of Canada cuts target price to C$10 from C$12.25
     * IAMGOLD Corp  IMG.TO : National Bank of Canada cuts target price to C$6 from C$7
     * Kinder Morgan Canada Ltd  KML.TO : CIBC cuts to underperformer from neutral
     * Kinder Morgan Canada Ltd  KML.TO : CIBC cuts price target to C$13 from C$15
     * Kinder Morgan Canada Ltd  KML.TO : Credit Suisse cuts target price to C$14 from C$16
     * Kinross Gold  K.TO : National Bank of Canada raises target price to C$5.75 from C$5.50
     * Kirkland Lake Gold  KL.TO : National Bank of Canada cuts target price to C$54 from C$57
     * Kirkland Lake Gold  KL.TO : National Bank of Canada cuts to sector perform from outperform
     * Medical Facilities  DR.TO : National Bank of Canada cuts target price to C$14 from C$14.50
     * Nexa Resources  NEXA.TO : National Bank of Canada cuts target price to C$18 from C$22
     * Northland Power Inc  NPI.TO : CIBC raises target price to C$27 from C$26.5
     * Northland Power Inc  NPI.TO : RBC raises price target to C$25 from C$24
     * Optiva Inc  OPT.TO : Canaccord Genuity cuts to sell from hold; cuts PT to C$38 from C$45
     * Optiva Inc  OPT.TO : CIBC cuts target price to C$50 from C$55
     * Quebecor Inc  QBRb.TO : CIBC raises target price to C$35 from C$34
     * Spin Master Corp  TOY.TO : RBC cuts price target to C$54 from C$55
     * SSR Mining Inc  SSRM.TO : National Bank of Canada cuts target price to C$22 from C$23
     * Superior Plus Corp  SPB.TO : Desjardins raises target price to C$14.50 from C$14
     * Teck Resources  TECKb.TO : National Bank of Canada ups target price to C$41 from C$38.5
     * Yamana Gold Inc  YRI.TO : National Bank of Canada raises target price to C$4 from C$3.75
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))