Canada Research Roundup: Canadian Natural Resources, Profound Medical, Russel Metals

High Tide

18/09/2023 12:40

Sept 18 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Canadian Natural Resources, Profound Medical and Russel
Metals on Monday. 

    HIGHLIGHTS   
                 * Canadian Natural Resources Ltd  CNQ.TO : RBC raises target price to C$90 from
 C$82 
 
                 * Profound Medical Corp  PRN.TO : Raymond James raises to strong buy from
 outperform 
 
                 * Russel Metals Inc  RUS.TO : Stifel raises target price to C$45.50 from C$44.50
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 

                 * Algoma Steel Group Inc  ASTL.TO : Stifel raises target price to C$14 from C$13 
 
                 * Canadian Natural Resources Ltd  CNQ.TO : RBC raises target price to C$90 from C$82 
 
                 * Canopy Growth Corp  WEED.TO : Bernstein cuts target price to C$1.49 from C$2.1 
 
                 * Cronos Group Inc  CRON.TO : Bernstein cuts target price to C$2.84 from C$3.04 
 
                 * High Tide Inc  HITI.V : Stifel raises target price to C$2.75 from C$2.50 
 
                 * Logan Energy Corp  LGN.V : CIBC starts with outperformer rating; C$1.50 target price 
 
                 * Profound Medical Corp  PRN.TO : Raymond James raises to strong buy from outperform 
 
                 * Russel Metals Inc  RUS.TO : Stifel raises target price to C$45.50 from C$44.50 
 
    

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