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FTS Fortis News Story

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Canada Research Roundup: Boyd Group Services, Fortis , Transalta

April 24 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Boyd Group Services, Fortis and Transalta on Thursday.

HIGHLIGHTS

* Boyd Group Services Inc BYD.TO: CIBC cuts target price to C$278 from C$286
* Fortis Inc FTS.TO: CIBC raises target price to C$69 from C$68
* Goeasy Ltd GSY.TO: Cormark Securities cuts target price to C$210 from C$240
* Mullen Group Ltd MTL.TO: Raymond James raises to outperform from market perform
* Transalta Corp TA.TO: CIBC cuts target price to C$19 from C$19.5
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in alphabetical order.
* Alithya Group Inc ALYA.TO: Barrington Research cuts target price to C$2.5 from C$3.5
* Aritzia Inc ATZ.TO: TD Cowen cuts target price to C$66 from C$74
* Boyd Group Services Inc BYD.TO: CIBC cuts target price to C$278 from C$286
* Emera Inc EMA.TO: CIBC raises target price to C$64 from C$63
* Fortis Inc FTS.TO: CIBC raises target price to C$69 from C$68
* Gibson Energy Inc GEI.TO: CIBC cuts target price to C$26 from C$27
* Goeasy Ltd GSY.TO: Cormark Securities cuts target price to C$210 from C$240
* Keyera Corp KEY.TO: CIBC cuts target price to C$47 from C$48
* Martinrea International Inc MRE.TO: CIBC cuts target price to C$8.5 from C$9
* Mullen Group Ltd MTL.TO: Cormark Securities cuts target price to C$17 from C$18.5
* Mullen Group Ltd MTL.TO: Raymond James cuts target price to C$16.75 from C$17.00
* Mullen Group Ltd MTL.TO: Raymond James raises to outperform from market perform
* Storagevault Canada Inc SVI.TO: Raymond James raises target price to C$4.75 from C$4.70 -
* Southern Cross Gold Consolidated Ltd SXGC.V: Stifel initiates coverage with PT C$6.25
* Southern Cross Gold Consolidated Ltd SXGC.V: Stifel initiates coverage with buy rating
* TCP Energy Corp TRP.TO: CIBC raises target price to C$71 from C$70
* Transalta Corp TA.TO: CIBC cuts target price to C$19 from C$19.5
(Compiled by Bengaluru Newsroom) ((Diaries@thomsonreuters.com))

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