Canada Research Roundup: Cineplex, Northland Power, Transalta Renewables

HLS Therapeutics

20/03/2020 07:32

March 20 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cineplex, Northland Power and Transalta Renewables, on Friday. 
    
  HIGHLIGHTS
     * Cineplex Inc  CGX.TO : National Bank of Canada revises rating to outperform from tender
     * Northland Power Inc  NPI.TO : CIBC cuts target price to C$30 from C$33
     * Transalta Renewables Inc  RNW.TO : CIBC raises to outperformer from neutral
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     
     * Atco Ltd  ACOx.TO : CIBC cuts target price to C$44 from C$54
     * Boralex  BLX.TO : CIBC cuts to neutral from outperformer, cuts TP to C$28 from C$30
     * Boyd Group Services Inc  BYD.TO : CIBC cuts target price to C$176 from C$208
     * Canadian Utilities Ltd  CU.TO : CIBC cuts target price to C$35 from C$42
     * Capital Power  CPX.TO : CIBC ups to outperformer from neutral, cuts TP to C$30 from C$39
     * Cineplex Inc  CGX.TO : National Bank of Canada revises rating to outperform from tender
     * Fiera Capital Corp  FSZ.TO : Canaccord Genuity cuts target price to C$7.50 from C$15
     * Fiera Capital Corp  FSZ.TO : RBC raises target price to C$7 from C$6.50
     * Fiera Capital Corp  FSZ.TO : Scotiabank cuts target price to C$8 from C$13
     * Fortis  FTS.TO : CIBC raises to outperformer from neutral, cuts TP to C$55 from C$59
     * Hls Therapeutics Inc  HLS.TO : Canaccord Genuity cuts target price to C$30 from C$30.50
     * Hydro One  H.TO : CIBC raises to outperformer from neutral; cuts TP to C$27 from C$29
     * Innergex Renewable Energy Inc  INE.TO : CIBC cuts target price to C$19 from C$21
     * Northland Power Inc  NPI.TO : CIBC cuts target price to C$30 from C$33
     * Pinnacle Renewable Energy Inc  PL.TO : CIBC cuts target price to C$8 from C$10
     * Spin Master Corp  TOY.TO : National Bank of Canada cuts target price to C$15 from C$26
     * Transalta  TA.TO : CIBC raises to outperformer from neutral; cuts TP  to C$8.5 from C$11
     * Transalta Renewables Inc  RNW.TO : CIBC raises to outperformer from neutral
     * Transalta Renewables Inc  RNW.TO : CIBC cuts target price to C$15 from C$16.5
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))