Canada Research Roundup: Advantage Energy, NFI Group, Nuvista Energy

Mullen

07/10/2022 08:18

Oct 7 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Advantage Energy, NFI Group and Nuvista Energy, on Friday. 
    HIGHLIGHTS    
                 * Advantage Energy Ltd  AAV.TO : CIBC raises target price to C$13.50 from C$13 
 
                 * NFI Group Inc  NFI.TO : CIBC raises to neutral from underperformer 
 
                 * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$17 from C$15 
 
 Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
                 * Advantage Energy Ltd  AAV.TO : CIBC raises target price to C$13.50 from C$13 
 
                 * Air Canada  AC.TO : CIBC cuts target price to C$27 from C$29 
 
                 * Airboss of America Corp  BOS.TO : CIBC cuts target price to C$22 from C$29 
 
                 * Algonquin Power & Utilities Corp  AQN.TO : National Bank of Canada ups to
 outperform from sector perform 
 
                 * Algonquin Power & Utilities Corp  AQN.TO : National Bank of Canada cuts PT to
 C$14.25 from C$16 
 
                 * Cae Inc  CAE.TO : CIBC cuts target price to C$32 from C$35 
 
                 * Canadian National Railway Co  CNR.TO : CIBC cuts target price to C$163 from C$167
 
                 * Canadian Natural Resources Ltd  CNQ.TO : CIBC raises target price to C$90 from
 C$85 
 
                 * Chorus Aviation Inc  CHR.TO : CIBC cuts target price to C$4 from C$4.75 
 
                 * Cogeco Communications Inc  CCA.TO : National Bank of Canada cuts PT to C$100 from
 C$108 
 
                 * Hardwoods Distribution Inc  HDI.TO : Canaccord Genuity cuts target price to C$37
 from C$59 
 
                 * Imperial Oil Ltd  IMO.TO : CIBC raises target price to C$80 from C$74 
 
                 * Medexus Pharmaceuticals Inc  MDP.TO : Canaccord Genuity raises PT to C$3 from
 C$2.75 
 
                 * Mullen Group Ltd  MTL.TO : CIBC cuts target price to C$15 from C$15.5 
 
                 * NFI Group Inc  NFI.TO : CIBC raises to neutral from underperformer 
 
                 * Nuvista Energy Ltd  NVA.TO : CIBC raises target price to C$17 from C$15 
 
                 * Paramount Resources Ltd  POU.TO : CIBC cuts target price to C$37.5 from C$40 
 
                 * Parkland Corp  PKI.TO : National Bank of Canada cuts target price to C$44 from
 C$45 
 
                 * Precision Drilling Corp  PD.TO : CIBC cuts target price to C$110 from C$120 
 
                 * Richelieu Hardware Ltd  RCH.TO : National Bank of Canada raises PT to C$55 from
 C$54 
 
                 * Secure Energy Services Inc  SES.TO : CIBC raises target price to C$8.5 from C$8 
 
                 * Suncor Energy Inc  SU.TO : CIBC cuts target price to C$60 from C$65 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))