Canada Research Roundup: Bird Construction, Intact Financial, Telus

ECN Capital

04/01/2024 15:13

Jan 4 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bird Construction, Intact Financial and Telus, on Thursday.
    
    HIGHLIGHTS        
                 * Bird Construction Inc  BDT.TO : National Bank of Canada cuts to sector perform from
 outperform
 
                 * Intact Financial Corp  IFC.TO : RBC cuts to sector perform from outperform
 
                 * Power Corporation of Canada  POW.TO : RBC raises to outperform from sector perform
 
                 * Superior Plus Corp  SPB.TO : Raymond James cuts to market perform from outperform
 
                 * Telus Corp  T.TO : JP Morgan cuts to neutral from overweight; cuts PT to C$26 from C$29
 
      
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
   
                 * AGF Management Ltd  AGFb.TO : RBC raises target price to C$8.5 from C$7.5
 
                 * Alaris Equity Partners Income Trust  AD_u.TO : RBC raises target price to C$17 from C$16
 
                 * Atex Resources Inc  ATX.V : BMO initiates coverage With Outperform rating; PT C$2
 
                 * Bird Construction Inc  BDT.TO : National Bank of Canada cuts to sector perform from outperform
 
                 * Brp Inc  DOO.TO : Raymond James raises target price to C$114 from C$95
 
                 * Chesswood Group Ltd  CHW.TO : RBC raises target price to C$7 from C$6
 
                 * CI Financial Corp  CIX.TO : RBC cuts target price to C$18 from C$19
 
                 * Dollarama Inc  DOL.TO : Wells Fargo cuts target price to C$105 from C$110
 
                 * ECN Capital Corp  ECN.TO : RBC raises target price to C$3 from C$2.75
 
                 * Element Fleet Management Corp  EFN.TO : RBC raises target price to C$31 from C$30
 
                 * Fiera Capital Corp  FSZ.TO : RBC raises target price to C$6 from C$5.5
 
                 * First National Financial Corp  FN.TO : RBC raises target price to C$43 from C$42
 
                 * IGM Financial Inc  IGM.TO : RBC raises target price to C$43 from C$42
 
                 * Intact Financial Corp  IFC.TO : RBC cuts to sector perform from outperform
 
                 * Manulife Financial Corp  MFC.TO : Evercore ISI raises target price to C$30.00 from C$26.00
 
                 * Onex Corp  ONEX.TO : RBC raises target price to C$115 from C$112
 
                 * Pet Valu Holdings Ltd.  PET.TO : Barclays cuts target price to C$33 from C$34
 
                 * Pollard Banknote Ltd  PBL.TO : Cormark Securities raises target price to C$38 from C$35
 
                 * Power Corporation of Canada  POW.TO : RBC raises target price to C$45 from C$41
 
                 * Power Corporation of Canada  POW.TO : RBC raises to outperform from sector perform
 
                 * Sprott Inc  SII.TO : RBC raises target price to C$51 from C$47
 
                 * Sun Life Financial Inc  SLF.TO : Evercore ISI raises target price to C$78.00 from C$76.00
 
                 * Superior Plus Corp  SPB.TO : Raymond James cuts target price to C$11.5 from C$12.5
 
                 * Superior Plus Corp  SPB.TO : Raymond James cuts to market perform from outperform
 
                 * Telus Corp  T.TO : JP Morgan cuts to neutral from overweight; cuts PT to C$26 from C$29
 
    

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