Canada Research Roundup: Constellation Software, George Weston, Metro

George Weston

22/07/2024 08:22

July 22 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Constellation Software, George Weston and Metro, on
Monday. 
    
    HIGHLIGHTS        
                 * Constellation Software Inc  CSU.TO : RBC raises target price to C$4700 from C$4300
 
                 * George Weston Ltd  WN.TO : TD Cowen raises target price to C$242 from C$226
 
                 * Metro Inc  MRU.TO : TD Cowen raises to buy from hold
 
                 * TMX Group Ltd  X.TO : TD Cowen raises target price to C$41 from C$37
 
                 * Transalta Corp  TA.TO : CIBC cuts target price to C$15.5 from C$16.5
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     
                 * Algoma Steel Group Inc  ASTL.TO : Cormark Securities raises target by C$4.25 to C$18.75
 
                 * BCE Inc  BCE.TO : TD Cowen raises target price to C$48 from C$47
 
                 * Boralex Inc  BLX.TO : CIBC raises target price to C$42 from C$41
 
                 * Capital Power Corp  CPX.TO : CIBC raises target price to C$42 from C$41
 
                 * Constellation Software Inc  CSU.TO : RBC raises target price to C$4700 from C$4300
 
                 * Emera Inc  EMA.TO : CIBC cuts target price to C$50 from C$51
 
                 * George Weston Ltd  WN.TO : TD Cowen raises target price to C$242 from C$226
 
                 * Hydro One Ltd  H.TO : CIBC raises target price to C$41 from C$40.5
 
                 * Innergex Renewable Energy Inc  INE.TO : CIBC raises target price to C$11.5 from C$11
 
                 * Intact Financial Corp  IFC.TO : Jefferies cuts target price to C$241 from C$242
 
                 * Loblaw Companies Ltd  L.TO : TD Cowen raises target price to C$186 from C$172
 
                 * Metro Inc  MRU.TO : TD Cowen raises target price to C$92 from C$80
 
                 * Metro Inc  MRU.TO : TD Cowen raises to buy from hold
 
                 * Quebecor Inc  QBRb.TO : TD Cowen cuts target price to C$35 from C$37
 
                 * Rogers Communications Inc  RCIb.TO : TD Cowen cuts target price to C$70 from C$74
 
                 * Telus Corp  T.TO : TD Cowen cuts target price to C$26 from C$27
 
                 * TMX Group Ltd  X.TO : TD Cowen raises target price to C$41 from C$37
 
                 * Transalta Corp  TA.TO : CIBC cuts target price to C$15.5 from C$16.5
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))