Canada Research Roundup: Canadian Natural Resources, IGM Financial, West Fraser Timber

Goodfood Market

08/07/2021 08:31

July 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Natural Resources, IGM Financial and West Fraser Timber,
on Thursday. 
    
    HIGHLIGHTS    
     * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan raises target price to C$56 from C$55 
     * IGM Financial Inc  IGM.TO : National Bank of Canada raises target price to C$56 from C$55 
     * West Fraser Timber Co Ltd  WFG.TO : Scotiabank raises target price to C$142 from C$130     
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     
     * Aritzia Inc  ATZ.TO : Canaccord Genuity raises target price to C$41 from C$36 
     * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan raises target price to C$56 from C$55 
     * Galiano Gold Inc  GAU.TO : Berenberg cuts target price to C$1.7 from C$2.3 
     * Goodfood market Corp  FOOD.TO : Eight Capital cuts target price to C$12 from C$15 
     * Goodfood market Corp  FOOD.TO : Scotiabank raises target price to C$12 from C$11.5 
     * IGM Financial Inc  IGM.TO : National Bank of Canada raises target price to C$56 from C$55 
     * Imperial Oil Ltd  IMO.TO : JP Morgan cuts target price to C$46 from C$49 
     * Parex Resources Inc  PXT.TO : National Bank of Canada raises target to C$36 from C$35 
     * West Fraser Timber Co Ltd  WFG.TO : Scotiabank raises target price to C$142 from C$130 
     * Xebec Adsorption Inc  XBC.TO : Cormark Securities raises target to C$5.50 from C$5.20 
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))