Canada Research Roundup: iA Financial Corporation, Metro, Sun Life Financial

iA Financial

31/01/2024 06:57

Jan 31 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including iA Financial Corporation, Metro and Sun Life Financial on
Wednesday. 
    
    HIGHLIGHTS    
                 * Canadian Pacific Kansas City  CP.TO : JP Morgan raises target price to C$121
 from C$116 
 
                 * iA Financial Corporation Inc  IAG.TO : CIBC raises target price to C$97.00 from
 C$95.00 
 
                 * Manulife Financial Corp  MFC.TO : CIBC raises to neutral from underperformer
 
                 * Metro Inc  MRU.TO : RBC cuts target price to C$82 from C$83 
 
                 * Sun Life Financial Inc  SLF.TO : CIBC raises to outperformer from neutral
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
                 * Canadian Pacific Kansas City  CP.TO : CIBC cuts target price to C$124 from C$126 
 
                 * Canadian Pacific Kansas City  CP.TO : JP Morgan raises target price to C$121 from C$116 
 
                 * Canadian Pacific Kansas City  CP.TO : RBC cuts target price to C$127 from C$128 
 
                 * Great-West Lifeco Inc  GWO.TO : CIBC raises target price to C$44.00 from C$42.00 
 
                 * iA Financial Corporation Inc  IAG.TO : CIBC raises target price to C$97.00 from C$95.00 
 
                 * Manulife Financial Corp  MFC.TO : CIBC raises to neutral from underperformer
 
                 * Manulife Financial Corp  MFC.TO : CIBC raises target price to C$30.00 from C$28.00 
 
                 * Metro Inc  MRU.TO : RBC cuts target price to C$82 from C$83 
 
                 * Sun Life Financial Inc  SLF.TO : CIBC raises to outperformer from neutral
 
                 * Sun Life Financial Inc  SLF.TO : CIBC raises target price to C$75 from C$73 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))