Canada Research Roundup: Canadian Natural Resources, EQB, Imperial Oil

Headwater Exploration

08/12/2023 08:28

Dec 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Natural Resources, EQB and Imperial Oil on Friday. 
    
        HIGHLIGHTS    
  
                 * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan cuts target price to C$106 from C$114
 
                 * EQB Inc  EQB.TO : RBC raises target price to C$101 from C$100
 
                 * Imperial Oil Ltd  IMO.TO : JP Morgan raises to neutral from underweight
 
                 * MEG Energy Corp  MEG.TO : JP Morgan cuts to neutral from overweight
 
                 * Suncor Energy Inc  SU.TO : JP Morgan cuts target price to C$52 from C$59
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

                 * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan cuts target price to C$106 from C$114
 
                 * Cenovus Energy Inc  CVE.TO : JP Morgan cuts target price to C$35 from C$38
 
                 * EQB Inc  EQB.TO : RBC raises target price to C$101 from C$100
 
                 * Headwater Exploration Inc  HWX.TO : Stifel cuts target price to C$9 from C$9.50
 
                 * Imperial Oil Ltd  IMO.TO : JP Morgan raises target price to C$97 from C$95
 
                 * Imperial Oil Ltd  IMO.TO : JP Morgan raises to neutral from underweight
 
                 * Laurentian Bank of Canada  LB.TO : CIBC cuts target price to C$32 from C$35
 
                 * Laurentian Bank of Canada  LB.TO : RBC cuts target price to C$30 from C$33
 
                 * MEG Energy Corp  MEG.TO : JP Morgan cuts to neutral from overweight
 
                 * MEG Energy Corp  MEG.TO : JP Morgan raises target price to C$33 from C$31
 
                 * Suncor Energy Inc  SU.TO : JP Morgan cuts target price to C$52 from C$59
 
 

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