Canada Research Roundup: Cascades, Fortis, Stella-Jones
21/10/2021 09:27
Oct 21 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cascades, Fortis and Stella-Jones, on Thursday.
HIGHLIGHTS
* Cascades Inc CAS.TO : CIBC cuts to neutral from outperformer
* Fortis Inc FTS.TO : CIBC cuts target price to C$58 from C$59
* Stella-Jones Inc SJ.TO : Scotiabank raises to sector outperform from sector perform
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
* Agnico Eagle Mines Ltd AEM.TO : JP Morgan cuts target price to C$81 from C$86
* Air Canada AC.TO : TD Securities cuts target price to C$29 from C$32
* B2Gold Corp BTO.TO : JP Morgan cuts target price to C$6 from C$7
* Bombardier BBDb.TO : TD Securities raises target price to C$2.75 from C$2.50
* Canadian National Railway Co CNR.TO : RBC cuts to sector perform from outperform
* Canadian Natural Resources Ltd CNQ.TO : Evercore ISI raises target to C$57 from C$52
* Canfor Corp CFP.TO : CIBC raises target price to C$35 from C$34
* Capital Power Corp CPX.TO : CIBC raises target price to C$44 from C$43
* Cascades Inc CAS.TO : CIBC cuts target price to C$17 from C$18
* Cascades Inc CAS.TO : CIBC cuts to neutral from outperformer
* Fortis Inc FTS.TO : CIBC cuts target price to C$58 from C$59
* Franco-Nevada Corp FNV.TO : JP Morgan cuts target price to C$191 from C$200
* Heroux Devtek Inc HRX.TO : TD Securities raises target price to C$24 from C$23
* Hexo Corp HEXO.TO : Alliance Global Partners cuts target price to C$5 from C$7
* High Tide Inc HITI.V : Desjardins cuts target price to C$13.50 from C$15
* Imperial Oil Ltd IMO.TO : National Bank of Canada raises target price to C$50 from C$49
* InPlay Oil Corp IPO.TO : Atb Capital Markets raises to outperform from sector perform
* InPlay Oil Corp IPO.TO : Atb Capital Markets raises price target to C$2.25 from C$1.75
* Interfor Corp IFP.TO : CIBC cuts to neutral from outperformer
* Keyera Corp KEY.TO : CIBC cuts target price to C$33 from C$36
* Keyera Corp KEY.TO : CIBC cuts to neutral from outperformer
* Kinross Gold Corp K.TO : JP Morgan cuts target price to C$12 from C$13
* Northland Power Inc NPI.TO : CIBC cuts target price to C$45 from C$46
* Pan American Silver Corp PAAS.TO : JP Morgan cuts target price to C$45 from C$50
* Parkland Corp PKI.TO : JP Morgan raises target price to C$53 from C$51
* Sleep Country Canada Holdings ZZZ.TO : National Bank of Canada ups PT to C$40 from C$39
* SSR Mining Inc SSRM.TO : JP Morgan cuts target price to C$25 from C$27
* Stella-Jones Inc SJ.TO : Scotiabank raises to sector outperform from sector perform
* TCP Energy Corp TRP.TO : JP Morgan raises target price to C$69 from C$68
* West Fraser Timber Co Ltd WFG.TO : CIBC cuts to neutral from outperformer
* Western Forest Products Inc WEF.TO : CIBC cuts target price to C$2.5 from C$2.6
* Western Forest Products Inc WEF.TO : CIBC cuts to neutral from outperformer
* Wheaton Precious Metals Corp WPM.TO : JP Morgan cuts target price to C$70 from C$75
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))