Canada Research Roundup: Bank of Montreal, First Quantum Minerals, Teck Resources

ECN Capital

07/12/2021 12:26

Dec 7 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bank of Montreal, First Quantum Minerals and Teck Resources, on
Tuesday. 
    
    HIGHLIGHTS        
     * Algoma Steel Group Inc  ASTL.TO : BMO initiates with outperform rating; target price C$17
     * First Majestic Silver Corp  FR.TO : TD Securities raises to buy from hold
     * Whitecap Resources Inc  WCP.TO : RBC raises target price to C$11 from C$10
            
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Algoma Steel Group Inc  ASTL.TO : BMO initiates with outperform rating; target price C$17
     * Dye & Durham Ltd  DND.TO : BMO raises target price to C$60 from C$55
     * Dye & Durham Ltd  DND.TO : Canaccord Genuity raises target price to C$70 from C$60
     * Dye & Durham Ltd  DND.TO : Raymond James raises target price to C$77 from C$63
     * Ecn Capital Corp  ECN.TO : CIBC cuts target price to C$6 from C$11.50
     * First Majestic Silver Corp  FR.TO : TD Securities raises to buy from hold
     * First Majestic Silver Corp  FR.TO : TD Securities cuts target price to C$18 from C$19.5
     * Spin Master Corp  TOY.TO : D.A. Davidson cuts target price to C$48 from C$50
     * Teck Resources Ltd  TECKb.TO : BMO cuts target price to C$53 from C$56
     * Teck Resources Ltd  TECKb.TO : Raymond James cuts target price to C$44 from C$45
     * Trevali Mining Corp  TV.TO : Raymond James raises target price to C$2.50 from C$0.25
     * Trevali Mining Corp  TV.TO : Scotiabank raises target price to C$2 from C$0.20
     * Whitecap Resources Inc  WCP.TO : Atb Capital Markets raises PT to C$11.50 from C$11.25
     * Whitecap Resources Inc  WCP.TO : RBC raises target price to C$11 from C$10
 

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