Canada Research Roundup: Bank of Montreal, Hexo, Peyto Exploration & Development

Finning International

15/06/2021 08:07

June 15 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bank of Montreal, Hexo and Peyto Exploration & Development, on
Tuesday. 
    
    
  HIGHLIGHTS
     * Bank of Montreal  BMO.TO : National Bank of Canada raises target price to C$139 from C$136
     * Finning International Inc  FTT.TO : CIBC raises target price to C$44 from C$41
     * Hexo Corp  HEXO.TO : Atb Capital Markets cuts to underperform from sector perform
     * Peyto Exploration & Development  PEY.TO : Scotiabank ups to sector outperform from sector perform
    
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
        
     * Bank of Montreal  BMO.TO : National Bank of Canada raises target price to C$139 from C$136
     * Bird Construction  BDT.TO : National Bank of Canada cuts target price to C$10 from C$11
     * Canadian Imperial Bank of Commerce  CM.TO : National Bank of Canada raises PT to C$159 
     * Canadian Western Bank  CWB.TO : National Bank of Canada raises PT to C$40 from C$39
     * Dentalcorp Holdings Ltd  DNTL.TO : CIBC initiates with outperformer rating and PT C$18
     * Dentalcorp Holdings Ltd  DNTL.TO : Jefferies initiates with buy rating; target price C$17
     * Finning International Inc  FTT.TO : CIBC raises target price to C$44 from C$41
     * Flagship Communities REIT  MHCu.TO : CIBC initiates with outperformer rating and PT $23
     * Flagship Communities REIT  MHCu.TO : National Bank of Canada resumes with outperform rating 
     * Flagship Communities REIT  MHCu.TO : National Bank of Canada resumes with PT of $21 vs $20
     * Hexo Corp  HEXO.TO : Alliance Global Partners cuts target price to C$12 from C$14
     * Hexo Corp  HEXO.TO : Atb Capital Markets cuts target price to C$6 from C$9.75
     * Hexo Corp  HEXO.TO : Atb Capital Markets cuts to underperform from sector perform
     * Hexo Corp  HEXO.TO : CIBC cuts target price to C$10 from C$13.50
     * Peyto Exploration & Development  PEY.TO : Scotiabank raises target price to C$10 from C$8
     * Peyto Exploration & Development  PEY.TO : Scotiabank ups to sector outperform from sector perform
     * Recipe Unlimited Corp  RECP.TO : Scotiabank cuts target price to C$24 from C$24.50
     * Royal Bank of Canada  RY.TO : National Bank of Canada raises PT to C$140 from C$137
      

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