Canada Research Roundup: Definity Financial, Fairfax, Transalta

iA Financial

08/08/2023 08:33

Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies,
including Definity Financial, Fairfax Financial Holdings and Transalta on Tuesday. 
    
    HIGHLIGHTS    
     * Definity Financial Corp  DFY.TO : CIBC raises target price to C$40.5 from C$39.5 
     * Fairfax Financial Holdings  FFH.TO : National Bank of Canada ups PT to C$1,700 from C$1,600 
     * Transalta Corp  TA.TO : CIBC raises target price to C$18.5 from C$17.5 
    
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in
alphabetical order. 

     * Badger Infrastructure Solutions Ltd  BDGI.TO : CIBC raises target price to C$35 from C$33 
     * Chorus Aviation Inc  CHR.TO : CIBC cuts target price to C$4 from C$4.5 
     * Definity Financial Corp  DFY.TO : CIBC raises target price to C$40.5 from C$39.5 
     * Doman Building Materials Group  DBM.TO : National Bank of Canada ups PT to C$8.50 from C$7.50 
     * Dream Office REIT  D_u.TO : CIBC cuts target price to C$14 from C$17.5 
     * Dream Office REIT  D_u.TO : RBC cuts target price to C$15 from C$17 
     * Enbridge Inc  ENB.TO : National Bank of Canada cuts target price to C$55 from C$56 
     * Fairfax Financial Holdings  FFH.TO : National Bank of Canada ups PT to C$1,700 from C$1,600 
     * Ia Financial Corporation Inc  IAG.TO : CIBC cuts target price to C$95 from C$96 
     * Jamieson Wellness Inc  JWEL.TO : CIBC cuts target price to C$32 from C$37 
     * Lassonde Industries Inc  LASa.TO : National Bank of Canada starts with outperform rating
     * Lassonde Industries Inc  LASa.TO : National Bank of Canada starts with target price C$146 
     * Transalta Corp  TA.TO : CIBC raises target price to C$18.5 from C$17.5 
     * Transalta Corp  TA.TO : National Bank of Canada raises target price to C$15 from C$14 
     * Transalta Renewables Inc  RNW.TO : CIBC raises target price to C$13.5 from C$13 
     * True North Commercial REIT  TNT_u.TO : CIBC cuts target price to C$3 from C$3.5 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))