Canada Research Roundup: Canopy Growth, Pretium Resources, Scotiabank

Global Partners LP

02/06/2021 08:35

June 2 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canopy Growth, Pretium Resources and Scotiabank, on Wednesday. 
    
    HIGHLIGHTS    
     * Canopy Growth Corp  WEED.TO : CFRA cuts to buy from strong buy 
     * Pretium Resources Inc  PVG.TO : RBC assumes coverage with sector perform rating 
     * Scotiabank  BNS.TO : Credit Suisse raises to neutral from underperform     
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
  
     * Argonaut Gold Inc  AR.TO : RBC initiates coverage with outperform rating and C$4.25 PT 
     * Canopy Growth Corp  WEED.TO : Alliance Global Partners cuts target to C$32 from C$40 
     * Canopy Growth Corp  WEED.TO : CFRA cuts target price to C$45 from C$75 
     * Canopy Growth Corp  WEED.TO : CFRA cuts to buy from strong buy 
     * Canopy Growth Corp  WEED.TO : Cowen and Company cuts target price to C$39 from C$44 
     * Cenovus Energy Inc  CVE.TO : Credit Suisse raises target price to C$13 from C$7 
     * Centerra Gold Inc  CG.TO : RBC assumes coverage with outperform rating and C$13 PT 
     * Equinox Gold Corp  EQX.TO : RBC initiates coverage with sector perform rating and C$14 PT 
     * Imperial Oil Ltd  IMO.TO : Credit Suisse raises target price to C$45 from C$40 
     * Inter Pipeline Ltd  IPL.TO : RBC raises target price to C$19.45 from C$18 
     * Marathon Gold Corp  MOZ.TO : RBC assumes coverage with outperform rating and C$4 PT 
     * Osisko Mining Inc  OSK.TO : RBC assumes coverage with outperform rating and C$5.50 PT 
     * Pembina Pipeline Corp  PPL.TO : Atb Capital Markets raises target price to C$42 from C$40 
     * Pretium Resources Inc  PVG.TO : RBC assumes coverage with sector perform rating 
     * Pretium Resources Inc  PVG.TO : RBC assumes coverage with C$16 target price 
     * Sabina Gold & Silver Corp  SBB.TO : RBC assumes coverage with outperform rating 
     * Sabina Gold & Silver Corp  SBB.TO : RBC assumes coverage with C$3.25 target price 
     * Scotiabank  BNS.TO : Credit Suisse raises target price to C$84 from C$77 
     * Scotiabank  BNS.TO : Credit Suisse raises to neutral from underperform 
     * Scotiabank  BNS.TO : National Bank of Canada raises target price to C$84 from C$81 
     * Silvercrest Metals Inc  SIL.TO : RBC assumes coverage with outperform rating and C$14 PT 
     * Torex Gold Resources Inc  TXG.TO : RBC assumes coverage with sector perform rating 
     * Torex Gold Resources Inc  TXG.TO : RBC assumes coverage with C$23 target price 
       

 (Compiled by Bengaluru Newsroom)
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