Canada Research Roundup: Cascades, Dream Impact Trust, Dundee Precious Metals

Mainstreet Equity

06/07/2021 08:47

July 6 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cascades, Dream Impact Trust and Dundee Precious Metals, on
Tuesday. 
    
    HIGHLIGHTS    
     * Cascades Inc  CAS.TO : Scotiabank raises to sector outperform from sector perform 
     * Dream Impact Trust  MPCT_u.TO : Canaccord Genuity initiates coverage with buy rating 
     * Dundee Precious Metals Inc  DPM.TO : RBC assumes coverage with outperform rating    
        
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 raises target price to C$29 from C$25 
     * Boardwalk REIT  BEI_u.TO : Canaccord Genuity raises target price to C$45 from C$40 
     * Cascades Inc  CAS.TO : Scotiabank raises target price to C$20.5 from C$18.5 
     * Cascades Inc  CAS.TO : Scotiabank raises to sector outperform from sector perform 
     * Cominar REIT  CUF_u.TO : CIBC initiates coverage with neutral rating; target price C$11.5 
     * Dream Impact Trust  MPCT_u.TO : Canaccord Genuity initiates coverage with buy rating 
     * Dream Impact Trust  MPCT_u.TO : Canaccord Genuity initiates coverage with target C$9
     * Dundee Precious Metals Inc  DPM.TO : RBC assumes coverage with outperform rating
     * Dundee Precious Metals Inc  DPM.TO : RBC assumes coverage with target price C$13 
     * Exchange Income Corp  EIF.TO : CIBC raises target price to C$45 from C$42 
     * Fairfax Financial Holdings Ltd  FFH.TO : Scotiabank raises target to C$780 from C$685 
     * Gibson Energy Inc  GEI.TO : TD Securities raises target price to C$24 from C$23 
     * Keyera Corp  KEY.TO : TD Securities raises target price to C$37 from C$33 
     * Mainstreet Equity Corp  MEQ.TO : Canaccord Genuity raises target price to C$115 from C$102 
     * Melcor REIT  MR_u.TO : CIBC initiates coverage with neutral rating; target price C$7.25 
    

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