Canada Research Roundup: Air Canada, Bombardier, Exchange Income

Mullen

06/10/2023 07:58

Oct 6 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Air Canada, Bombardier and Exchange Income, on Friday. 
    
    HIGHLIGHTS    
                 * Air Canada  AC.TO : CIBC cuts target price to C$30 from C$33 
 
                 * Bombardier  BBDb.TO : CIBC cuts target price to C$60 from C$69 
 
                 * Exchange Income Corp  EIF.TO : RBC cuts target price to C$70 from C$71 
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     
                 * Air Canada  AC.TO : CIBC cuts target price to C$30 from C$33 
 
                 * Bombardier  BBDb.TO : CIBC cuts target price to C$60 from C$69 
 
                 * Diversified Royalty Corp  DIV.TO : CIBC cuts target price to C$3 from C$3.2 
 
                 * Exchange Income Corp  EIF.TO : RBC cuts target price to C$70 from C$71 
 
                 * Mullen Group Ltd  MTL.TO : CIBC cuts target price to C$15.5 from C$16.5 
 
                 * Richelieu Hardware Ltd  RCH.TO : National Bank of Canada cuts target to C$47.5 from C$48 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))