Canada Research Roundup: Bank of Montreal, National Bank of Canada, Royal Bank of Canada

Leons Furniture

16/11/2018 07:35

Nov 16 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bank of Montreal, Canadian Imperial Bank of Commerce and Royal
Bank of Canada, on Friday. 
    
    HIGHLIGHTS
     * Bank of Montreal  BMO.TO : Barclays cuts price target to C$105 from C$110
     * Canadian Imperial Bank of Commerce  CM.TO : Barclays cuts target to C$130 from C$137
     * National Bank of Canada  NA.TO : Barclays cuts price target to C$65 from C$69
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Bank of Montreal  BMO.TO : Barclays cuts price target to C$105 from C$110
     * Bank of Nova Scotia  BNS.TO : Barclays cuts price target to C$85 from C$90
     * Boardwalk REIT  BEI_u.TO : Canaccord Genuity cuts price target to C$45 from C$48
     * Boardwalk REIT  BEI_u.TO : RBC cuts target price to C$51 from C$53
     * Canadian Imperial Bank of Commerce  CM.TO : Barclays cuts target to C$130 from C$137
     * Canadian Western Bank  CWB.TO : Barclays cuts price target to C$35 from C$38
     * Freehold Royalties Ltd  FRU.TO : CIBC cuts price target to C$13 from C$14.5
     * Gluskin Sheff + Associates Inc  GS.TO : CIBC cuts price target to C$13 from C$15
     * IGM Financial Inc  IGM.TO : RBC cuts target price to C$43 from C$44
     * Invesque Inc  IVQu.TO : CIBC cuts price target to $8.75 from $9
     * Laurentian Bank of Canada  LB.TO : Barclays cuts price target to C$48 from C$49
     * Leagold Mining Corp  LMC.TO : CIBC cuts price target to C$3.5 from C$4.25
     * Leon's Furniture Ltd  LNF.TO : CIBC cuts price target to C$18 from C$21
     * National Bank of Canada  NA.TO : Barclays cuts price target to C$65 from C$69
     * Obsidian Energy Ltd  OBE.TO : CIBC cuts price target to C$1.5 from C$1.75
     * Plaza Retail REIT  PLZ_u.TO : CIBC cuts price target to C$4.5 from C$4.75
     * Prometic Life Sciences Inc  PLI.TO : RBC cuts target price to C$1.25 from C$2
     * Royal Bank of Canada  RY.TO : Barclays cuts price target to C$99 from C$104
     * Toronto-Dominion Bank  TD.TO : Barclays cuts price target to C$78 from C$82
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))