Canada Research Roundup: Aecon Group, Canadian Pacific Railway, Transcontinental

GreenFirst Forest Products

16/03/2023 07:29

March 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Aecon Group, Canadian Pacific Railway and Transcontinental, on Thursday. 
    
    HIGHLIGHTS    
                 * Aecon Group Inc  ARE.TO : Canaccord Genuity raises target price to C$14 from C$11 
 
                 * Canadian Pacific Railway Ltd  CP.TO : Scotiabank raises target price to C$122 from
 C$116 
 
                 * Transcontinental Inc  TCLa.TO : CIBC raises to Outperformper from neutral 
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in
alphabetical order. 
       
                 * Aecon Group Inc  ARE.TO : Canaccord Genuity raises target price to C$14 from C$11 
 
                 * Airboss of America Corp  BOS.TO : CIBC cuts target price to C$16 from C$17 
 
                 * Birchcliff Energy Ltd  BIR.TO : Atb Capital Markets cuts target to C$11.50 from C$12.50 
 
                 * Birchcliff Energy Ltd  BIR.TO : CIBC cuts target price to C$9 from C$10.50 
 
                 * Birchcliff Energy Ltd  BIR.TO : RBC cuts target price to C$12 from C$14 
 
                 * Canadian Pacific Railway Ltd  CP.TO : Scotiabank raises target price to C$122 from C$116 
 
                 * Greenfirst Forest Products Inc  GFP.TO : RBC cuts target price to C$1.75 from C$2 
 
                 * Inplay Oil Corp  IPO.TO : Atb Capital Markets cuts target price to C$5 from C$5.25 
 
                 * Nexus Industrial REIT  NXR_u.TO : RBC cuts target price to C$11 from C$11.50 
 
                 * Propel Holdings Inc  PRL.TO : Canaccord Genuity cuts target price to C$12 from C$12.50 
 
                 * Transcontinental Inc  TCLa.TO : CIBC raises to Outperformper from neutral 
 
                 * True North Commercial REIT  TNT_u.TO : CIBC cuts target price to C$5 from C$6 
 
    

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