Canada Research Roundup: Capstone Mining, Element Fleet Management, Equinox Gold

MAV Beauty Brands

12/10/2018 12:11

Oct 12 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Capstone Mining, Element Fleet Management and Equinox Gold, on
Friday. 
    
  HIGHLIGHTS
    * Capstone Mining  CS.TO : National Bank of Canada cuts to sector perform from outperform 
    * Element Fleet Management  EFN.TO : Raymond James raises to strong buy from outperform 
    * Equinox Gold  EQX.V : National Bank of Canada resumes coverage with outperform rating
    * MEG Energy Corp  MEG.TO : Morgan Stanley cuts to equal-weight from overweight
    * Canadian Natural Resources Ltd  CNQ.TO : Morgan Stanley cuts target to C$60 from C$64   
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
    
     * Aphria Inc  APH.TO : Bryan Garnier starts coverage with buy rating; C$31 fair value
     * Canadian Natural Resources Ltd  CNQ.TO : Morgan Stanley cuts target to C$60 from C$64
     * Capstone Mining  CS.TO : Eight Capital cuts target price to C$1.35 from C$1.50
     * Capstone Mining  CS.TO : National Bank of Canada cuts to sector perform from outperform 
     * Capstone Mining  CS.TO : National Bank of Canada cuts price target to C$0.85 from C$1
     * Capstone Mining Corp  CS.TO : TD Securities cuts price target to C$1.60 from C$1.70; buy
     * Cenovus Energy Inc  CVE.TO : Morgan Stanley cuts target price to C$17 from C$18
     * Element Fleet Management  EFN.TO : BMO raises price target to C$10 from C$8
     * Element Fleet Management  EFN.TO : Raymond James raises to strong buy from outperform 
     * Element Fleet Management  EFN.TO : Raymond James raises target to C$10.50 from C$8.50
     * Equinox Gold  EQX.V : National Bank of Canada resumes coverage with outperform rating
     * Equinox Gold  EQX.V : National Bank of Canada resumes coverage with C$2 target price
     * Equinox Gold EQX.V :National Bank of Canada transfers coverage to analyst john sclodnick
     * Mav Beauty Brands Inc  MAV.TO : BMO starts with outperform rating; price target C$17
     * MEG Energy Corp  MEG.TO : Morgan Stanley cuts to equal-weight from overweight 
     * MEG Energy Corp  MEG.TO : Morgan Stanley cuts price target to C$11 from C$14
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))