Canada Research Roundup: Advantage Energy, Guru Organic Energy, Whitecap Resources

Enerplus

15/06/2022 08:42

June 15 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Advantage Energy, Guru Organic Energy and Whitecap Resources, on
Wednesday. 
    
    
  HIGHLIGHTS
     * Advantage Energy Ltd  AAV.TO : CIBC raises target price to C$14 from C$11
     * Freehold Royalties Ltd  FRU.TO : CIBC cuts to neutral from outperformer
     * Guru Organic Energy Corp  GURU.TO : CIBC cuts to neutral from outperformer
     * Tourmaline Oil Corp  TOU.TO : CIBC raises target price to C$90 from C$85
     * Whitecap Resources Inc  WCP.TO : CIBC raises target price to C$15 from C$14.50
    
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     
     * Advantage Energy Ltd  AAV.TO : CIBC raises target price to C$14 from C$11
     * Arc Resources Ltd  ARX.TO : CIBC raises target price to C$28 from C$21
     * Baytex Energy Corp  BTE.TO : CIBC raises target price to C$10 from C$8
     * Birchcliff Energy Ltd  BIR.TO : CIBC raises target price to C$15 from C$11
     * Blackline Safety  BLN.TO : National Bank of Canada cuts target price to C$6 from C$9
     * Bombardier  BBDb.TO : CIBC cuts target price to C$36 from C$45
     * Coveo Solutions Inc  CVO.TO : National Bank of Canada cuts target price to C$13 from C$18
     * Coveo Solutions Inc  CVO.TO : RBC cuts target price to C$13 from C$14
     * Crescent Point Energy Corp  CPG.TO : CIBC raises target price to C$16 from C$13.50
     * Enerplus Corp  ERF.TO : CIBC raises target price to C$28 from C$23
     * Freehold Royalties Ltd  FRU.TO : CIBC cuts to neutral from outperformer
     * Guru Organic Energy Corp  GURU.TO : CIBC cuts to neutral from outperformer
     * Guru Organic Energy Corp  GURU.TO : CIBC  cuts target price to C$10 from C$14
     * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$12 from C$8
     * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$18 from C$14
     * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$50 from C$40
     * Peyto Exploration & Development  PEY.TO : CIBC raises target price to C$22 from C$15.50
     * Prairiesky Royalty Ltd  PSK.TO : CIBC raises target price to C$26 from C$24
     * Spartan Delta Corp  SDE.TO : CIBC raises target price to C$22 from C$16
     * Tamarack Valley Energy Ltd  TVE.TO : CIBC raises target price to C$8 from C$7.50
     * Topaz Energy Corp  TPZ.TO : CIBC raises target price to C$30 from C$26
     * Tourmaline Oil Corp  TOU.TO : CIBC raises target price to C$90 from C$85
     * Vermilion Energy Inc  VET.TO : CIBC raises target price to C$34 from C$32
     * Whitecap Resources Inc  WCP.TO : CIBC raises target price to C$15 from C$14.50
    

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