Canada Research Roundup: Cascades, Nutrien, Stelco Holdings
23/02/2024 07:31
Feb 23 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Cascades, Nutrien and Stelco Holdings, on Friday.
HIGHLIGHTS
* Cascades Inc CAS.TO : CIBC cuts to neutral from outperformer
* CCL Industries Inc CCLb.TO : CIBC raises target price to C$82 from C$72
* Stelco Holdings Inc STLC.TO : JP Morgan cuts target price to C$50 from C$56
* TCP Energy Corp TRP.TO : JP Morgan raises target price to C$60 from C$57
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* Altus Group Ltd AIF.TO : CIBC raises target price to C$52.5 from C$51.5
* Cascades Inc CAS.TO : CIBC cuts target price to C$14 from C$17
* Cascades Inc CAS.TO : CIBC cuts to neutral from outperformer
* CCL Industries Inc CCLb.TO : CIBC raises target price to C$82 from C$72
* CCL Industries Inc CCLb.TO : National Bank of Canada raises PT to C$81 from C$79
* Equinox Gold Corp EQX.TO : Scotiabank cuts target price to C$7 from C$7.75
* Innergex Renewable Energy Inc INE.TO : CIBC raises target price to C$9.5 from C$9
* Loblaw Companies Ltd L.TO : CIBC raises target price to C$159 from C$150
* Loblaw Companies Ltd L.TO : Scotiabank raises target price to C$146 from C$137
* Maple Leaf Foods Inc MFI.TO : CIBC cuts target price to C$32 from C$36
* Northland Power Inc NPI.TO : CIBC cuts target price to C$30 from C$32
* Nutrien Ltd NTR.TO : JP Morgan cuts to underweight from neutral; cuts PT to $48 from $58
* Quebecor Inc QBRb.TO : Scotiabank raises target price to C$38.75 from C$38.25
* Stelco Holdings Inc STLC.TO : JP Morgan cuts target price to C$50 from C$56
* Superior Plus Corp SPB.TO : CIBC cuts target price to C$14 from C$15
* Superior Plus Corp SPB.TO : Scotiabank cuts target price to C$12 from C$12.75
* TCP Energy Corp TRP.TO : JP Morgan raises target price to C$60 from C$57
(Compiled by Bengaluru Newsroom)
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