Canada Research Roundup: Loop Energy, Shaw Communications, Stella-Jones

Doman Building Materials

16/03/2021 08:39

March 16 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Loop Energy, Shaw Communications and Stella-Jones on Tuesday. 
    
    HIGHLIGHTS        
     * Loop Energy Inc  LPEN.TO : CIBC starts with outperformer rating; price target C$20
     * Shaw Communications Inc  SJRb.TO : Scotiabank raises price target to C$40.50 from C$28.50
     * Stella-Jones Inc  SJ.TO : RBC raises price target to C$56 from C$53
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order. 
    
     * American Hotel Income Properties REIT LP  HOT_u.TO : Canaccord Genuity cuts to hold from buy
     * Bombardier  BBDb.TO : Citigroup raises price target to C$0.73 from C$0.57
     * Canwel Building Materials Group Ltd  CWX.TO : CIBC raises PT to C$9.50 from C$8.50
     * GFL Environmental Inc  GFL.TO : CIBC raises price target to C$47 from C$42
     * GFL Environmental Inc  GFL.TO : National Bank of Canada raises PT to C$44 from C$40
     * Hardwoods Distribution Inc  HDI.TO : CIBC raises price target to C$38 from C$32
     * Interrent REIT  IIP_u.TO : National Bank of Canada raises PT to C$16 from C$15.50
     * Intertape Polymer Group Inc  ITP.TO : TD Securities raises target price to C$35 from C$30
     * Invesque Inc  IVQU.TO : National Bank of Canada raises price target to $2.75 from $2
     * Lassonde Industries Inc  LASa.TO : National Bank of Canada cuts PT to C$182 from C$183
     * Loop Energy Inc  LPEN.TO : CIBC starts with outperformer rating; price target C$20
     * Rogers Communications Inc  RCIb.TO : National Bank of Canada raises PT to C$74 from C$70
     * Shaw Communications Inc  SJRb.TO : Scotiabank raises price target to C$40.50 from C$28.50
     * Stella-Jones Inc  SJ.TO : RBC raises price target to C$56 from C$53
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))