Canada Research Roundup: Franco-Nevada, Transalta Renewables, Wheaton Precious Metals

Guardian Capital

04/03/2021 08:42

March 4 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Franco-Nevada, Transalta Renewables and Wheaton Precious Metals,
on Thursday. 
    
    HIGHLIGHTS    
     * Franco-Nevada Corp  FNV.TO : JP Morgan initiates coverage with neutral rating; PT C$198
     * Transalta Renewables Inc  RNW.TO : CIBC raises to neutral from underperformer
     * Wheaton Precious Metals  WPM.TO : JP Morgan initiates with overweight rating; PT C$73
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     * Artis REIT  AX_u.TO : Canaccord Genuity raises price target to C$11.85 from C$11.25
     * Artis REIT  AX_u.TO : CIBC raises target price to C$12 from C$11.5
     * Autocanada Inc  ACQ.TO : Canaccord Genuity raises price target to C$36 from C$32
     * Autocanada Inc  ACQ.TO : CIBC raises target price to C$34 from C$27
     * Autocanada Inc  ACQ.TO : National Bank of Canada raises price target to C$29 from C$27
     * Autocanada Inc  ACQ.TO : Scotiabank raises price target to C$40 from C$35
     * Cominar REIT  CUF_u.TO : Scotiabank raises price target to C$10.50 from C$9.75
     * Element Fleet Management Corp  EFN.TO : RBC raises target price to C$18 from C$17
     * First National Financial Corp  FN.TO : Scotiabank raises price target to C$50 from C$42
     * Franco-Nevada Corp  FNV.TO : JP Morgan initiates coverage with neutral rating; PT C$198
     * GDI Integrated Facility Services Inc  GDI.TO : National Bank of Canada raises PT to C$59 from C$52
     * GDI Integrated Facility Services Inc  GDI.TO : Scotiabank raises PT to C$55 from C$54
     * Guardian Capital Group Ltd  GCG.TO : Scotiabank raises price target to C$39 from C$35
     * Innergex Renewable Energy Inc  INE.TO : Scotiabank cuts price target to C$26 from C$32
     * Laurentian Bank of Canada  LB.TO : CIBC raises target price to C$37 from C$32
     * Laurentian Bank of Canada  LB.TO : Credit Suisse raises price target to C$36 from C$30
     * Laurentian Bank of Canada  LB.TO : National Bank of Canada raises PT to C$34 from C$29
     * Laurentian Bank of Canada  LB.TO : RBC raises price target to C$43 from C$33
     * Laurentian Bank of Canada  LB.TO : TD Securities raises price target to C$40 from C$34
     * Nuvista Energy Ltd  NVA.TO : Canaccord Genuity raises price target to C$2.25 from C$2
     * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$2.5 from C$2.25
     * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$11.5 from C$9
     * Sleep Country Canada Holdings Inc  ZZZ.TO : CIBC raises target price to C$32 from C$27
     * Sleep Country Canada Holdings Inc  ZZZ.TO : RBC raises price target to C$29 from C$24
     * Sleep Country Canada Holdings Inc  ZZZ.TO : Scotiabank raises PT to C$38 from C$32.50
     * Sleep Country Canada Holdings Inc  ZZZ.TO : TD Securities raises PT to C$37 from C$31
     * Storm Resources Ltd  SRX.TO : CIBC raises target price to C$3.5 from C$3
     * Transalta Corp  TA.TO : RBC raises target price to C$13 from C$11
     * Transalta Renewables Inc  RNW.TO : CIBC cuts target price to C$19.50 from C$20
     * Transalta Renewables Inc  RNW.TO : CIBC raises to neutral from underperformer
     * Wheaton Precious Metals  WPM.TO : JP Morgan initiates with overweight rating; PT C$73
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))