Canada Research Roundup: Emera, Royal Bank of Canada, Toronto-Dominion Bank

Guardian Capital

17/05/2022 08:10

May 17 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Emera, Royal Bank of Canada and Toronto-Dominion Bank, on Tuesday.

    HIGHLIGHTS    
     * Emera Inc  EMA.TO : RBC raises target price to C$72 from C$66 
     * Royal Bank of Canada  RY.TO : CIBC cuts target price to C$146 from C$149 
     * Toronto-Dominion Bank  TD.TO : CIBC cuts target price to C$100 from C$103 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 

     * Allied Properties REIT  AP_u.TO : CIBC cuts target price to C$50 from C$54 
     * Automotive Properties REIT  APR_u.TO : RBC cuts target price to C$13.75 from C$14.50 
     * Bank of Montreal  BMO.TO : CIBC cuts target price to C$142 from C$150 
     * Canadian Western Bank  CWB.TO : CIBC cuts target price to C$34 from C$38 
     * Chesswood Group Ltd  CHW.TO : RBC raises target price to C$16 from C$15 
     * Emera Inc  EMA.TO : RBC raises target price to C$72 from C$66 
     * Enthusiast Gaming Holdings Inc  EGLX.TO : RBC raises target price to C$8 from C$7 
     * Farmers Edge Inc  FDGE.TO : CIBC cuts target price to C$3 from C$3.5 
     * Guardian Capital Group Ltd  GCG.TO : Scotiabank cuts target price to C$45 from C$50 
     * Laurentian Bank of Canada  LB.TO : CIBC cuts target price to C$41 from C$44 
     * National Bank of Canada  NA.TO : CIBC cuts target price to C$100 from C$102 
     * Next Hydrogen Solutions  NXH.V : National Bank of Canada cuts PT to C$2.50 from C$4.50 
     * Royal Bank of Canada  RY.TO : CIBC cuts target price to C$146 from C$149 
     * Scotiabank  BNS.TO : CIBC cuts target price to C$86 from C$94 
     * Taiga Motors Corp  TAIG.TO : National Bank of Canada cuts target price to C$9 from C$12 
     * Toronto-Dominion Bank  TD.TO : CIBC cuts target price to C$100 from C$103 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))