Canada Research Roundup: Corvus Gold, Nextpoint Financial, Precision Drilling

Enerplus

14/07/2021 08:42

July 14 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Corvus Gold, Nextpoint Financial and Precision Drilling, on
Wednesday. 
    
    HIGHLIGHTS    
     * Corvus Gold Inc  KOR.TO : Canaccord Genuity raises to buy from hold
     * Nextpoint Financial Inc  NPFu.TO : Canaccord Genuity initiates coverage with buy rating 
     * Precision Drilling Corp  PD.TO : CIBC cuts to neutral from outperformer 
    
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$6 from C$5 
     * Air Canada  AC.TO : National Bank of Canada raises target price to C$30 from C$29 
     * Arc Resources Ltd  ARX.TO : CIBC raises target price to C$14 from C$12 
     * Aritzia Inc  ATZ.TO : CIBC raises target price to C$43 from C$42 
     * Aya Gold & Silver Inc  AYA.TO : National Bank of Canada raises PT to C$11.50 from C$9.50 
     * Baytex Energy Corp  BTE.TO : CIBC raises target price to C$3 from C$1.75 
     * BCE Inc  BCE.TO : RBC raises target price to C$61 from C$60 
     * Birchcliff Energy Ltd  BIR.TO : CIBC raises target price to C$6.5 from C$5.75 
     * Bombardier  BBDb.TO : CIBC raises target price to C$1 from C$0.80 
     * Canadian National Railway Co  CNR.TO : CIBC cuts target price to C$145 from C$146 
     * Canadian Pacific Railway Ltd  CP.TO : CIBC cuts target price to C$105 from C$112 
     * Cenovus Energy Inc  CVE.TO : CIBC raises target price to C$20 from C$16 
     * Chemtrade Logistics Income Fund  CHE_u.TO : CIBC cuts target price to C$8.5 from C$9 
     * Canadian Natural Resources  CNQ.TO : CIBC raises target price to C$58 from C$48
     * Corvus Gold Inc  KOR.TO : Canaccord Genuity raises to buy from hold
     * Corvus Gold Inc  KOR.TO : Canaccord Genuity raises target price to C$4 from C$3.50 
     * Crescent Point Energy Corp  CPG.TO : CIBC raises target price to C$9 from C$7 
     * Dexterra Group Inc  DXT.TO : Scotiabank raises target price to C$9 from C$8.50 
     * Enerplus Corp  ERF.TO : CIBC raises target price to C$13 from C$10 
     * Freehold Royalties Ltd  FRU.TO : CIBC raises target price to C$12 from C$11 
     * Gildan Activewear Inc  GIL.TO : National Bank of Canada raises PT to C$53 from C$50 
     * Imperial Oil Ltd  IMO.TO : CIBC raises target price to C$48 from C$35 
     * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$5 from C$4 
     * MEG Energy Corp  MEG.TO : CIBC raises target price to C$14 from C$10 
     * Nextpoint Financial Inc  NPFu.TO : Canaccord Genuity initiates coverage with buy rating 
     * Nextpoint Financial Inc  NPFu.TO : Canaccord Genuity initiates coverage with $15.50 PT
     * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$5 from C$3.25 
     * Organigram Holdings Inc  OGI.TO : ATB Capital Markets raises PT to C$4.25 from C$3.75 
     * Organigram Holdings Inc  OGI.TO : CIBC raises target price to C$4 from C$3.75 
     * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$20 from C$17 
     * Peyto Exploration & Development Corp  PEY.TO : CIBC raises target to C$8.25 from C$7
     * Prairiesky Royalty Ltd  PSK.TO : CIBC raises target price to C$17 from C$15 
     * Precision Drilling Corp  PD.TO : CIBC cuts to neutral from outperformer 
     * Precision Drilling Corp  PD.TO : CIBC raises target price to C$60 from C$50 
     * Pure Gold Mining Inc  PGM.V : Canaccord Genuity cuts target price to C$2 from C$2.25 
     * Quebecor Inc  QBRb.TO : RBC cuts target price to C$40 from C$41 
     * Savaria Corp  SIS.TO : National Bank of Canada raises target price to C$24 from C$20.50 
     * Storm Resources Ltd  SRX.TO : CIBC cuts to neutral from outperformer 
     * Storm Resources Ltd  SRX.TO : CIBC raises target price to C$4.5 from C$4 
     * Suncor Energy Inc  SU.TO : CIBC raises target price to C$48 from C$40 
     * Telus Corp  T.TO : RBC raises target price to C$31 from C$30 
     * Tmx Group Ltd  X.TO : National Bank of Canada raises target price to C$148 from C$147 
     * Topaz Energy Corp  TPZ.TO : CIBC raises target price to C$20 from C$18 
     * Tourmaline Oil Corp  TOU.TO : CIBC raises target price to C$47.5 from C$40 
     * Vermilion Energy Inc  VET.TO : CIBC raises target price to C$12.5 from C$10 
     * Wesdome Gold Mines Ltd  WDO.TO : National Bank of Canada raises PT to C$14.50 from C$14 
     * Whitecap Resources Inc  WCP.TO : CIBC raises target price to C$9 from C$7.5 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))