Canada Research Roundup: Capital Power, Enbridge, Fortis

Minto Apartment Real Estate Investment Trust

23/10/2019 09:36

Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Capital Power, Enbridge and Fortis on Wednesday. 
    
  HIGHLIGHTS    
     * Capital Power Corp  CPX.TO : CIBC cuts target price to C$32 from C$33
     * Enbridge Inc  ENB.TO : CIBC cuts target price to C$56 from C$57
     * Fortis Inc  FTS.TO : CIBC raises target price to C$57 from C$56
     * Hydro One Ltd  H.TO : CIBC raises target price to C$25 from C$24
     * Innergex Renewable Energy Inc  INE.TO : CIBC raises target price to C$16 from C$15.5
           
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.            
     * Atco Ltd  ACOx.TO : CIBC raises target price to C$50 from C$48
     * Boralex Inc  BLX.TO : CIBC raises target price to C$25 from C$24
     * Canadian National Railway  CNR.TO : CIBC cuts target price to C$119 from C$122
     * Canadian National Railway  CNR.TO : JP Morgan cuts Dec 2020 PT to C$123 from C$128
     * Canadian National Railway  CNR.TO : National Bank of Canada cuts PT to C$118 from C$121
     * Canadian National Railway  CNR.TO : RBC cuts target price to C$127 from C$137
     * Canadian Utilities Ltd  CU.TO : CIBC raises target price to C$40 from C$38
     * Capital Power Corp  CPX.TO : CIBC cuts target price to C$32 from C$33
     * Enbridge Inc  ENB.TO : CIBC cuts target price to C$56 from C$57
     * Fortis Inc  FTS.TO : CIBC raises target price to C$57 from C$56
     * Hydro One Ltd  H.TO : CIBC raises target price to C$25 from C$24
     * Innergex Renewable Energy Inc  INE.TO : CIBC raises target price to C$16 from C$15.5
     * Inter Pipeline Ltd  IPL.TO : CIBC cuts target price to C$24 from C$26
     * Minto Apartment Real Estate Investment  MI_u.TO : CIBC raises PT to C$24.5 from C$23
     * Norbord Inc  OSB.TO : CIBC raises target price to C$37 from C$30
     * People Corp  PEO.V : CIBC raises target price to C$11.5 from C$11
     * Pinnacle Renewable Energy Inc  PL.TO : CIBC cuts target price to C$10 from C$11
     * TCP Energy Corp  TRP.TO : CIBC raises target price to C$72 from C$70
     * Transalta Corp  TA.TO : CIBC cuts target price to C$9.5 from C$10
     * Transalta Renewables Inc  RNW.TO : CIBC raises target price to C$14 from C$13.5
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))