Canada Research Roundup: Altus Group, Hydro One, Summit Industrial Income

Goldsky Resources

22/02/2019 10:12

Feb 22 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Altus Group, Hydro One and Summit Industrial Income on Friday. 
    
  HIGHLIGHTS
     * Altus Group Ltd  AIF.TO : CIBC cuts to underperformer from neutral
     * Hydro One Ltd  H.TO : National Bank of Canada cuts to underperform from sector perform 
     * Summit Industrial Income REIT  SMU_u.TO : CIBC cuts to neutral rating 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
            
     * Altus Group Ltd  AIF.TO : CIBC cuts to underperformer from neutral
     * Altus Group Ltd  AIF.TO : CIBC cuts price target to C$23 from C$30
     * Barsele Minerals Corp  BME.V : National Bank of Canada cuts target to C$1.10 from C$1.25
     * Exchange Income Corp  EIF.TO : CIBC raises target price to C$38.5 from C$37.5
     * Finning International Inc  FTT.TO : Canaccord Genuity cuts target to C$29 from C$33
     * First Quantum Minerals Ltd  FM.TO : CIBC raises target price to C$17 from C$16
     * Hydro One Ltd  H.TO : National Bank of Canada cuts to underperform from sector perform 
     * Hydro One Ltd  H.TO : National Bank of Canada cuts target price to C$19 from C$23
     * Intact Financial Corp  IFC.TO : Desjardins raises target price to C$111 from C$104
     * Kirkland Lake Gold Ltd  KL.TO : CIBC raises target price to C$53 from C$48
     * Loblaw Companies Ltd  L.TO : CIBC raises target price to C$76 from C$70
     * People Corp  PEO.V : Desjardins initiates coverage with buy rating and C$9.50 target 
     * Summit Industrial Income REIT  SMU_u.TO : CIBC cuts to neutral rating 
     * Summit Industrial Income REIT  SMU_u.TO : CIBC raises price target to C$11 from C$10
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))