Canada Research Roundup: BRP, Pinnacle Renewable Energy, TCP Energy

First Capital Real Estate Investment Trust

12/05/2020 08:41

May 12 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including BRP, Pinnacle Renewable Energy and TCP Energy, on Tuesday. 
    
    
  HIGHLIGHTS
     * BRP Inc  DOO.TO : National Bank of Canada cuts to sector perform from outperform
     * Pinnacle Renewable Energy  PL.TO : National Bank of Canada cuts to sector perform from outperform
     * TCP Energy Corp  TRP.TO : Jefferies initiates with hold, C$68 target price
    
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
     
     * Absolute Software  ABT.TO : National Bank of Canada raises TP to C$12 from C$8.50
     * Aurora Cannabis Inc  ACB.TO : Cowen and Company cuts target price to C$12 from C$30
     * BRP Inc  DOO.TO : National Bank of Canada cuts to sector perform from outperform
     * BRP Inc  DOO.TO : National Bank of Canada raises target price to C$40 from C$38
     * Chartwell Retirement Residences  CSH_u.TO : Canaccord Genuity cuts TP to C$9.75 from C$13
     * Chartwell Retirement Residences  CSH_u.TO : National Bank of Canada cuts TP to C$12 
     * Cronos Group Inc  CRON.TO : Jefferies cuts target price to C$6 from C$7
     * Element Fleet Management Corp  EFN.TO : CIBC cuts target price to C$12 from C$13
     * First Capital REIT  FCR_u.TO : RBC cuts target price to C$18 from C$20
     * Pinnacle Renewable Energy  PL.TO : National Bank of Canada cuts to sector perform from outperform
     * Pinnacle Renewable Energy  PL.TO : National Bank of Canada cuts Tp to C$8 from C$13
     * Premium Brands Holdings Corp  PBH.TO : CIBC raises target price to C$88 from C$86
     * Premium Brands Holdings Corp  PBH.TO : National Bank of Canada ups TP to C$95 from C$92
     * Premium Brands Holdings Corp  PBH.TO : RBC raises target price to C$71 from C$65
     * SSR Mining Inc  SSRM.TO : Canaccord Genuity cuts target price to C$27 from C$30
     * TCP Energy Corp  TRP.TO : Jefferies initiates with hold, C$68 target price
     * TMX Group Ltd  X.TO : RBC raises target price to C$148 from C$133
 
         

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