Canada Research Roundup: Exchange Income, Kiwetinohk Energy, Loblaw Companies

Kiwetinohk Energy

16/11/2023 07:07

Nov 16 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Exchange Income, Kiwetinohk Energy and Loblaw Companies,
on Thursday. 
    
    HIGHLIGHTS    
     * Exchange Income Corp  EIF.TO : RBC cuts target price to C$65 from C$70 
     * Kiwetinohk Energy Corp  KEC.TO : Stifel initiates coverage with buy rating
     * Loblaw Companies Ltd  L.TO : CIBC cuts target price to C$150 from C$152 
     * Metro Inc  MRU.TO : National Bank of Canada cuts target price to C$81 from C$83 
     * Torex Gold Resources Inc  TXG.TO : TD Securities cuts PT to C$30 from C$32 
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.     
    
                 * Aurora Cannabis Inc  ACB.TO : CIBC cuts target price to C$0.8 from C$0.85 
 
                 * Chemtrade Logistics Income Fund  CHE_u.TO : CIBC raises PT to C$14 from C$12.5 
 
                 * Crescent Point Energy Corp  CPG.TO : National Bank of Canada resumes coverage with outperform rating 
 
                 * Crescent Point Energy Corp  CPG.TO : National Bank of Canada resumes coverage with PT C$19 
 
                 * Ero Copper Corp  ERO.TO : TD Securities cuts target price to C$22 from C$23 
 
                 * Exchange Income Corp  EIF.TO : RBC cuts target price to C$65 from C$70 
 
                 * H&R Real Estate Investment Trust  HR_u.TO : CIBC cuts PT to C$12 from C$13.5 
 
                 * H&R Real Estate Investment Trust  HR_u.TO : National Bank of Canada raises PT to C$10 from C$9.75 
 
                 * H&R Real Estate Investment Trust  HR_u.TO : RBC cuts target price to C$11 from C$13 
 
                 * Kiwetinohk Energy Corp  KEC.TO : Stifel initiates coverage with buy rating
 
                 * Kiwetinohk Energy Corp  KEC.TO : Stifel initiates coverage with PT C$18
 
     * Lithium Royalty Corp  LIRC.TO : Citigroup cuts price target to C$15 from C$16 
                 * Loblaw Companies Ltd  L.TO : CIBC cuts target price to C$150 from C$152 
 
                 * Loblaw Companies Ltd  L.TO : RBC cuts target price to C$170 from C$174 
 
                 * Metro Inc  MRU.TO : CIBC cuts target price to C$76 from C$80 
 
                 * Metro Inc  MRU.TO : National Bank of Canada cuts target price to C$81 from C$83 
 
                 * Metro Inc  MRU.TO : RBC cuts target price to C$83 from C$84 
 
                 * Nexus Industrial REIT  NXR_u.TO : National Bank of Canada raises PT to C$7.75 from C$7.5 
 
                 * Slate Office REIT  SOT_u.TO : CIBC cuts target price to C$1 from C$1.5 
 
                 * Smartcentres Real Estate Investment Trust  SRU_u.TO : RBC cuts PT to C$29 from C$31 
 
                 * Torex Gold Resources Inc  TXG.TO : TD Securities cuts PT to C$30 from C$32 
 
                 * Westshore Terminals Investment Corp  WTE.TO : RBC cuts PT to C$27 from C$29 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))