Canada Research Roundup: Automotive Properties REIT, Emera, Suncor Energy

Ensign Energy Services

25/03/2020 08:27

March 25 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Automotive Properties REIT, Emera and Suncor Energy, on Wednesday.
    
  HIGHLIGHTS
     * Automotive Properties REIT  APR_u.TO : CIBC cuts target price to C$11.75 from C$13
     * Emera Inc  EMA.TO : CIBC raises target price to C$55 from C$47
     * Suncor Energy Inc  SU.TO : RBC cuts target price to C$27 from C$31
     * Toronto-Dominion Bank  TD.TO :National Bank of Canada cuts target price to C$62 from C$80
    
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     
     * Automotive Properties REIT  APR_u.TO : RBC cuts price target to C$11 from C$12.50
     * Automotive Properties REIT  APR_u.TO : CIBC cuts target price to C$11.75 from C$13
     * Automotive Properties REIT  APR_u.TO : RBC cuts target price to C$11 from C$12.50
     * Bank of Montreal  BMO.TO : National Bank of Canada cuts target price to C$76 from C$107
     * Bank of Nova Scotia  BNS.TO : National Bank of Canada cuts target price to C$57 from C$77
     * Canadian Imperial Bank of Commerce  CM.TO : National Bank of Canada cuts TP to C$84 from C$112
     * Canadian Western Bank  CWB.TO : National Bank of Canada cuts TP to C$20 from C$33
     * Emera Inc  EMA.TO : CIBC raises target price to C$55 from C$47
     * Ensign Energy Services Inc  ESI.TO : CIBC cuts target price to C$0.75 from C$1.50
     * Laurentian Bank of Canada  LB.TO : National Bank of Canada cuts TP to C$25 from C$34
     * Lucara Diamond Corp  LUC.TO : Berenberg cuts price target to C$0.80 from C$1.40
     * Melcor REIT  MR_u.TO : CIBC cuts target price to C$6 from C$8
     * Precision Drilling Corp  PD.TO : Altacorp Capital cuts target price to C$1.10 from C$1.75
     * Precision Drilling Corp  PD.TO : Citigroup cuts price target to C$0.5 from C$0.8
     * Precision Drilling Corp  PD.TO : Evercore ISI cuts target price to C$1.50 from C$2
     * Royal Bank of Canada  RY.TO : National Bank of Canada cuts target price to C$94 from C$119
     * Suncor Energy Inc  SU.TO : RBC cuts target price to C$27 from C$31
     * Teck Resources Ltd  TECKb.TO : RBC cuts target price to C$24 from C$28
     * TFI International Inc  TFII.TO : RBC cuts target price to C$37 from C$49
     * Toronto-Dominion Bank  TD.TO :National Bank of Canada cuts target price to C$62 from C$80
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))