Canada Research Roundup: ARC Resources, Bonterra Energy, Cronos Group

Medmen Enterprises

10/12/2018 09:19

Dec 10 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including ARC Resources, Bonterra Energy and Cronos Group, on Monday. 
    
    HIGHLIGHTS    
    
     * ARC Resources  ARX.TO : National Bank of Canada raises to outperform from sector perform
     * Bonterra Energy  BNE.TO : National Bank of Canada cuts to sector perform from outperform
     * Cronos Group Inc  CRON.TO : Canaccord Genuity raises target price to C$17 from C$9
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 

     * Advantage Oil & Gas Ltd  AAV.TO : National Bank of Canada cuts TP to C$4 from C$6
     * ARC Resources  ARX.TO : National Bank of Canada cuts target price to C$11 from C$13.5
     * ARC Resources  ARX.TO : National Bank of Canada raises to outperform from sector perform
     * Baytex Energy Corp  BTE.TO : National Bank of Canada cuts TP to C$4.5 from C$7.25
     * Bellatrix Exploration Ltd  BXE.TO : National Bank of Canada cuts TP to C$1.2 from C$1.5
     * Birchcliff Energy Ltd  BIR.TO : National Bank of Canada cuts TP to C$6 from C$7.25
     * Bonavista Energy Corp  BNP.TO : National Bank of Canada cuts TP to C$1.2 from C$1.55
     * Bonterra Energy  BNE.TO : National Bank of Canada cuts TP to C$10.25 from C$21
     * Bonterra Energy  BNE.TO : National Bank of Canada cuts to sector perform from outperform
     * Canadian Natural Resources Ltd: National Bank of Canada cuts TP to C$42 from C$64
     * Cardinal Energy Ltd  CJ.TO : National Bank of Canada cuts TP to C$4.25 from C$7
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada cuts TP to C$14.5 from C$20
     * Chinook Energy Inc  CKE.TO : National Bank of Canada cuts TP to C$0.2 from C$0.25
     * Crescent Point Energy Corp  CPG.TO : National Bank of Canada cuts TP to C$6.5 from C$16
     * Crew Energy Inc  CR.TO : National Bank of Canada cuts target price to C$1.65 from C$3
     * Cronos Group Inc  CRON.TO : Canaccord Genuity raises target price to C$17 from C$9
     * Encana Corp  ECA.TO : National Bank of Canada cuts target price to C$10.5 from C$18.5
     * Enerplus Corp  ERF.TO : National Bank of Canada cuts target price to C$18.5 from C$23
     * Freehold Royalties Ltd  FRU.TO : National Bank of Canada cuts TP to C$10.5 from C$17
     * Gear Energy Ltd  GXE.TO : National Bank of Canada cuts target price to C$1.1 from C$1.75
     * Granite Oil Corp  GXO.TO : National Bank of Canada cuts TP to C$1.1 from C$1.25
     * Imperial Oil Ltd  IMO.TO : National Bank of Canada cuts target price to C$42 from C$46
     * Inplay Oil Corp  IPO.TO : National Bank of Canada cuts target price to C$2.25 from C$3
     * Kelt Exploration Ltd  KEL.TO : National Bank of Canada cuts TP to C$8 from C$12.5
     * Leucrotta Exploration Inc  LXE.V : National Bank of Canada cuts TP to C$2 from C$2.5
     * Medmen Enterprises Inc  MMEN.CD : Canaccord Genuity cuts target price to C$7 from C$7.50
     * MEG Energy Corp  MEG.TO : National Bank of Canada cuts target price to C$9.5 from C$12
     * Nuvista Energy Ltd  NVA.TO : National Bank of Canada cuts TP to C$8 from C$11.5
     * Obsidian Energy Ltd  OBE.TO : National Bank of Canada cuts TP to C$0.8 from C$1.75
     * Painted Pony Energy Ltd  PONY.TO : National Bank of Canada cuts TP to C$2 from C$2.75
     * Paramount Resources Ltd  POU.TO : National Bank of Canada cuts TP to C$11.75 from C$20
     * Pengrowth Energy Corp  PGF.TO : National Bank of Canada cuts TP to C$0.9 from C$1.15
     * Petroshale Inc  PSH.V : National Bank of Canada cuts target price to C$2.75 from C$3.25
     * Petrus Resources Ltd  PRQ.TO : National Bank of Canada cuts TP to C$1.15 from C$1.4
     * Peyto Exploration & Development  PEY.TO : National Bank of Canada cuts TP to C$11 
     * Pine Cliff Energy Ltd  PNE.TO : National Bank of Canada cuts TP to C$0.3 from C$0.4
     * Prairiesky Royalty Ltd  PSK.TO : National Bank of Canada cuts TP to C$20 from C$31
     * Seven Generations Energy Ltd  VII.TO : National Bank of Canada cuts TP to C$13 from C$22
     * Storm Resources Ltd  SRX.TO : National Bank of Canada cuts TP to C$3.25 from C$4
     * Suncor Energy Inc  SU.TO : National Bank of Canada cuts target price to C$51 from C$67
     * Surge Energy Inc  SGY.TO : National Bank of Canada cuts target price to C$2.5 from C$4
     * Tamarack Valley Energy Ltd  TVE.TO : National Bank of Canada cuts TP to C$4 from C$6.75
     * Torc Oil & Gas Ltd  TOG.TO : National Bank of Canada cuts TP to C$7.5 from C$11.5
     * Tourmaline Oil Corp  TOU.TO : National Bank of Canada cuts TP to C$29 from C$32.5
     * Vermilion Energy Inc  VET.TO : National Bank of Canada cuts TP to C$41 from C$58
     * Whitecap Resources Inc  WCP.TO : National Bank of Canada cuts TP to C$8.5 from C$16
     * Yangarra Resources Ltd  YGR.TO : National Bank of Canada cuts TP to C$6 from C$8.75
 

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