Canada Research Roundup: Canadian Western Bank, Goodfood Market, Imperial Oil

Frontier Lithium

05/12/2022 07:14

Dec 5 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Western Bank, Goodfood market and Imperial Oil, on
Monday. 
    HIGHLIGHTS    
     * Canadian Western Bank  CWB.TO : KBW cuts to market perform from outperform
     * Goodfood Market Corp  FOOD.TO : RBC cuts to underperform from sector perform
     * Imperial Oil Ltd  IMO.TO : JP Morgan cuts to underweight from neutral
 Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan cuts PT to C$92 from C$96
     * Canadian Western Bank  CWB.TO : KBW cuts to market perform from outperform
     * Canadian Western Bank  CWB.TO : KBW cuts target price to C$29 from C$34
     * Canadian Western Bank  CWB.TO : National Bank of Canada cuts PT to C$31 from C$34
     * Capital Power Corp  CPX.TO : National Bank of Canada cuts PT to C$50 from C$49
     * Finning International Inc  FTT.TO : Canaccord Genuity raises PT to C$43 from C$42
     * Frontier Lithium Inc  FL.V : RBC initiates coverage with outperform rating; PT C$3.25
     * Goodfood market Corp  FOOD.TO : Canaccord Genuity cuts PT to C$0.5 from C$0.6
     * Goodfood market Corp  FOOD.TO : National Bank of Canada cuts PT to C$0.5 from C$0.75
     * Goodfood market Corp  FOOD.TO : RBC cuts to underperform from sector perform
     * Imperial Oil Ltd  IMO.TO : JP Morgan cuts to underweight from neutral
     * Imperial Oil Ltd  IMO.TO : JP Morgan raises target price to C$76 from C$70
     * MEG Energy Corp  MEG.TO : JP Morgan cuts target price to C$23 from C$24
     * MEG Energy Corp  MEG.TO : JP Morgan raises to overweight from neutral
     * Sigma Lithium Corp  SGML.V : Canaccord Genuity raises target price to C$65 from C$45
     * Suncor Energy Inc  SU.TO : JP Morgan raises target price to C$51 from C$50
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))