Canada Research Roundup: Constellation Software, Iron Bridge Resources, Precision Drilling

Journey Energy

10/07/2018 13:44

July 10 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Constellation Software Inc, Iron Bridge Resources Inc and
Precision Drilling Corp, on Tuesday. 
    
    
   HIGHLIGHTS 

     * Constellation Software Inc  CSU.TO : CIBC raises to outperformer from neutral
     * Iron Bridge Resources Inc  IBR.TO : Canaccord Genuity cuts to hold from speculative buy
     * Precision Drilling Corp  PD.TO : Canaccord Genuity raises target to C$5.25 from C$5
    
    
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
     
      
     * Altagas Ltd  ALA.TO : TD Securities cuts target price to C$32 from C$37
     * Altagas Ltd  ALA.TO : TD Securities resumes coverage following wgl holdings acquisition close
     * Athabasca Oil Corp  ATH.TO : Canaccord Genuity raises target price C$2.75 from C$2.50
     * Baytex Energy Corp  BTE.TO : Canaccord Genuity raises target price C$7 from C$6.25
     * Bellatrix Exploration Ltd  BXE.TO : Canaccord Genuity cuts target C$1.50 from C$1.75
     * Birchcliff Energy Ltd  BIR.TO : Canaccord Genuity cuts target price C$6.50 from C$7
     * Calfrac Well Services Ltd  CFW.TO : Canaccord Genuity cuts target to C$7.75 from C$8.50
     * Canadian National Railway  CNR.TO : Cormark Securities raises target by C$1 to C$115
     * Canadian Natural Resources Ltd  CNQ.TO : Canaccord Genuity raises target C$60 from C$54
     * Canadian Pacific Railway Ltd  CP.TO : Cormark Securities raises target by C$5 to C$230
     * Cardinal Energy Ltd  CJ.TO : Canaccord Genuity raises target price C$6.50 from C$6
     * Cenovus Energy Inc  CVE.TO : Canaccord Genuity raises target price C$18 from C$16
     * CES Energy Solutions Corp  CEU.TO : Canaccord Genuity cuts target to C$7.25 from C$8
     * Constellation Software Inc  CSU.TO : CIBC raises to outperformer from neutral
     * Constellation Software Inc  CSU.TO : CIBC raises price target to C$1,300 from C$900
     * Crew Energy Inc  CR.TO : Canaccord Genuity cuts target price C$4 from C$4.50
     * Encana Corp  ECA.N : Canaccord Genuity raises target price $19 from $16
     * Enerplus Corp  ERF.TO : Canaccord Genuity raises target price C$21 from C$18
     * Ensign Energy Services Inc  ESI.TO : Canaccord Genuity cuts target to C$6 from C$6.5
     * Freehold Royalties Ltd  FRU.TO : Canaccord Genuity raises target price C$17 from C$16
     * Frontera Energy Corp  FEC.TO : Canaccord Genuity raises target price C$30 from C$25
     * Gear Energy Ltd  GXE.TO : Canaccord Genuity raises target price C$1.50 from C$1.25
     * Gran Tierra Energy Inc  GTE.TO : Canaccord Genuity raises target price C$7 from C$6
     * Husky Energy Inc  HSE.TO : Canaccord Genuity raises target price C$23 from C$20.50
     * Imperial Oil Ltd  IMO.TO : Canaccord Genuity raises target price C$50 from C$45
     * Iron Bridge Resources Inc  IBR.TO : Canaccord Genuity cuts target to C$0.80 from C$0.90
     * Iron Bridge Resources Inc  IBR.TO : Canaccord Genuity cuts to hold from speculative buy
     * Journey Energy Inc  JOY.TO : Canaccord Genuity cuts target price C$1.80 from C$2
     * Killam Apartment REIT  KMP_u.TO : National Bank of Canada raises target price to C$16.5 from C$16
     * Kirkland Lake Gold Ltd  KL.TO : CIBC raises price target to C$36 from C$31
     * Mullen Group Ltd  MTL.TO :Canaccord Genuity raises target price to C$16.25 from C$15.75
     * Parex Resources Inc  PXT.TO : Canaccord Genuity raises target price C$31.50 from C$27
     * Peyto Exploration & Development Corp  PEY.TO : Canaccord Genuity cuts target price C$18 from C$25
     * Prairiesky Royalty Ltd  PSK.TO : Canaccord Genuity cuts target price C$29 from C$35
     * Precision Drilling Corp  PD.TO : Canaccord Genuity raises target to C$5.25 from C$5
     * Precision Drilling Corp  PD.TO : Raymond James raises target to C$7.25 from C$5.75
     * Pretium Resources Inc  PVG.TO : CIBC raises price target to C$15 from C$12
     * Suncor Energy Inc  SU.TO : Canaccord Genuity raises target price C$64 from C$58
     * Total Energy Services Inc  TOT.TO : Canaccord Genuity cuts target to C$16 from C$17
     * Transat at Inc  TRZ.TO : Cormark Securities raises price target by C$1 to C$14
     * Transglobe Energy Corp  TGL.TO : Canaccord Genuity raises target price C$6 from C$3.75
     * Trican Well Service Ltd  TCW.TO : Canaccord Genuity cuts target to C$4.50 from C$4.75
     * Trinidad Drilling Ltd  TDG.TO : Canaccord Genuity cuts target to C$2.10 from C$2.20
     * Troilus Gold Corp  TLG.V : Desjardins reinstates coverage with buy rating;target of C$3 vs C$3.50
     * Vermilion Energy Inc  VET.TO : Canaccord Genuity raises target price C$60 from C$57
 
    
    

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