Canada Research Roundup: Acadian Timber, Conifex Timber, Toromont Industries
08/01/2019 09:43
Jan 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Acadian Timber, Conifex Timber and Toromont Industries, on
Tuesday.
HIGHLIGHTS
* Acadian Timber Corp ADN.TO : RBC raises to outperform from sector perform
* Conifex Timber Inc CFF.TO : RBC cuts to sector perform from outperform
* Ivanhoe Mines Ltd IVN.TO : Canaccord Genuity cuts to speculative buy from buy
* Toromont Industries Ltd TIH.TO : Canaccord Genuity cuts to hold from buy
* West Fraser Timber Co Ltd WFT.TO : RBC cuts target price to C$90 from C$100
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Acadian Timber Corp ADN.TO : RBC cuts price target to C$18 from C$19
* Acadian Timber Corp ADN.TO : RBC raises to outperform from sector perform
* Advantage Oil & Gas Ltd AAV.TO : RBC cuts target price to C$2.75 from C$4
* Alimentation Couche-Tard Inc ATDb.TO : BMO raises target price to C$79 from C$78
* Arc Resources Ltd ARX.TO : RBC cuts target price to C$12 from C$18
* Athabasca Oil Corp ATH.TO : RBC cuts target price to C$2.25 from C$3
* Barkerville Gold Mines BGM.V :PI Financial starts with buy rating;price target of C$1.30
* Birchcliff Energy Ltd BIR.TO : RBC cuts target price to C$4 from C$6
* Blackbird Energy Inc BBI.V : RBC cuts target price to C$0.4 from C$0.6
* Bonavista Energy Corp BNP.TO : RBC cuts target price to C$1.5 from C$1.75
* Canfor Corp CFP.TO : RBC cuts target price to C$23 from C$29
* Canfor Pulp Products Inc CFX.TO : RBC cuts target price to C$20 from C$26
* Canwel Building Materials Group Ltd CWX.TO : RBC cuts target price to C$6 from C$6.50
* Capstone Mining Corp CS.TO : Canaccord Genuity raises target to C$0.95 from C$0.90
* Cardinal Energy Ltd CJ.TO : RBC cuts target price to C$5 from C$7
* Cascades Inc CAS.TO : RBC cuts target price to C$14 from C$15
* Cobalt 27 Capital Corp KBLT.V : Cormark Securities cuts price target to C$10 from C$14
* Conifex Timber Inc CFF.TO : RBC cuts price target to C$3 from C$6
* Conifex Timber Inc CFF.TO : RBC cuts to sector perform from outperform
* Crescent Point Energy Corp CPG.TO : RBC cuts target price to C$6 from C$11
* Crew Energy Inc CR.TO : RBC cuts target price to C$1.25 from C$2.5
* Delphi Energy Corp DEE.TO : RBC cuts target price to C$0.7 from C$1.25
* Ecobalt Solutions Inc ECS.TO : Eight Capital cuts price target to C$1.70 from C$2.50
* Ero Copper Corp ERO.TO : Canaccord Genuity cuts price target to C$16.5 from C$17.5
* Fortuna Silver Mines FVI.TO : Canaccord Genuity raises target to C$8.75 from C$7.50
* Freehold Royalties Ltd FRU.TO : RBC cuts target price to C$14 from C$18
* Granite Oil Corp GXO.TO : RBC cuts target price to C$1 from C$1.5
* IDM Mining Ltd IDM.V : Cormark Securities revises rating to tender from buy
* IDM Mining Ltd IDM.V : Cormark Securities cuts price target to C$0.08 from C$0.12
* Imperial Metals Corp III.TO : Canaccord Genuity raises target to C$1.65 from C$1.50
* Interfor Corp IFP.TO : RBC cuts target price to C$20 from C$25
* Ivanhoe Mines Ltd IVN.TO : Canaccord Genuity cuts price target to C$7.0 from C$8.5
* Ivanhoe Mines Ltd IVN.TO : Canaccord Genuity cuts to speculative buy from buy
* Kelt Exploration Ltd KEL.TO : RBC cuts target price to C$7 from C$9
* Kinder Morgan Canada KML.TO : TD Securities cuts price target to C$15.50 from C$16.50
* Leucrotta Exploration Inc LXE.V : RBC cuts target price to C$1.5 from C$2
* Lucara Diamond LUC.TO : Haywood Securities cuts price target to C$2.60 from C$3.20; buy
* Marathon Gold Corp MOZ.TO : Canaccord Genuity raises target price to C$1.6 from C$1.2
* Metro Inc MRU.TO : BMO raises target price to C$53 from C$48
* Norbord Inc OSB.TO : RBC cuts target price to C$45 from C$55
* Nuvista Energy Ltd NVA.TO : RBC cuts target price to C$6 from C$9
* Obsidian Energy Ltd OBE.TO : RBC cuts target price to C$1 from C$1.5
* Painted Pony Energy Ltd PONY.TO : RBC cuts target price to C$2 from C$3
* Paramount Resources Ltd POU.TO : RBC cuts target price to C$10 from C$13
* Pengrowth Energy Corp PGF.TO : RBC cuts target price to C$0.9 from C$1
* Petrus Resources Ltd PRQ.TO : CIBC cuts target price to C$1 from C$1.15
* Petrus Resources Ltd PRQ.TO : RBC cuts target price to C$1 from C$1.5
* Peyto Exploration & Development Corp PEY.TO : RBC cuts target price to C$9 from C$12
* Prairiesky Royalty Ltd PSK.TO : RBC cuts target price to C$26 from C$32
* Seven Generations Energy Ltd VII.TO : RBC cuts target price to C$15 from C$18
* Stelco Holdings Inc STLC.TO : Credit Suisse cuts price target to C$21 from C$26
* Storm Resources Ltd SRX.TO : RBC cuts target price to C$2.5 from C$3.5
* Surge Energy Inc SGY.TO : RBC cuts target price to C$2.5 from C$3
* Tamarack Valley Energy Ltd TVE.TO : RBC cuts target price to C$3.5 from C$5
* Teck Resources Ltd TECKb.TO : Canaccord Genuity raises target to C$42.5 from C$39.5
* Torc Oil & Gas Ltd TOG.TO : RBC cuts target price to C$8 from C$10
* Toromont Industries Ltd TIH.TO : Canaccord Genuity cuts price target to C$57 from C$64
* Toromont Industries Ltd TIH.TO : Canaccord Genuity cuts to hold from buy
* Tourmaline Oil Corp TOU.TO : RBC cuts target price to C$24 from C$28
* Trevali Mining Corp TV.TO : Canaccord Genuity cuts price target to C$1.00 from C$1.25
* Turquoise Hill Resources TRQ.TO : Canaccord Genuity cuts target to C$5.00 from C$6.75
* West Fraser Timber Co Ltd WFT.TO : RBC cuts target price to C$90 from C$100
* Western Forest Products Inc WEF.TO : RBC cuts target price to C$2.5 from C$2.75
* Whitecap Resources Inc WCP.TO : RBC cuts target price to C$10 from C$13
* Yangarra Resources Ltd YGR.TO : CIBC cuts target price to C$4.50 from C$6.75
* Yangarra Resources Ltd YGR.TO : National Bank of Canada cuts target to C$5.5 from C$6
* Yangarra Resources Ltd YGR.TO : TD Securities cuts price target to C$5 from C$6
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
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