Canada Research Roundup: Aritzia, Canopy Growth, Enghouse Systems

Melcor Developments

01/06/2020 08:45

June 1 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Aritzia, Canopy Growth and Enghouse Systems, on Monday. 
    
    HIGHLIGHTS    
     * Aritzia Inc  ATZ.TO : CIBC raises target price to C$22 from C$19
     * Canopy Growth Corp  WEED.TO : CIBC cuts to neutral from outperform
     * Enghouse Systems Ltd  ENGH.TO : RBC raises target price to C$67 from C$58
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.     
  
     * Aritzia Inc  ATZ.TO : CIBC raises target price to C$22 from C$19
     * Canopy Growth Corp  WEED.TO : Canaccord Genuity cuts target price to C$21 from C$23
     * Canopy Growth Corp  WEED.TO : CIBC cuts to neutral from outperform
     * Canopy Growth Corp  WEED.TO : CIBC cuts target price to C$26 from C$35
     * Enghouse Systems Ltd  ENGH.TO : RBC raises target price to C$67 from C$58
     * Laurentian Bank of Canada  LB.TO : RBC raises target price to C$33 from C$32
     * Melcor Developments Ltd  MRD.TO : RBC cuts target price to C$10 from C$13.50
     * Melcor Real Estate Investment Trust  MR_u.TO : RBC cuts target price to C$5 from C$6
    

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