Canada Research Roundup: Great-West Lifeco, Mullen Group, Primaris REIT

Mullen

16/02/2024 07:23

Feb 16 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including the Intact Great-West Lifeco, Mullen Group and Primaris
REIT, on Thursday.
    
    HIGHLIGHTS 
     * Canadian Tire Corporation Ltd  CTCa.TO : TD Securities cuts PT to C$155 from C$160
     * Great-West Lifeco Inc  GWO.TO : CIBC raises target price to C$46 from C$44
     * Mullen Group Ltd  MTL.TO : CIBC raises to outperformer from neutral
     * Primaris REIT  PMZ_u.TO : CIBC cuts target price to C$17 from C$18
     * West Fraser Timber Co Ltd  WFG.TO : CIBC cuts target price to C$131 from C$142
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
    
     * Barrick Gold Corp  ABX.TO : National Bank of Canada cuts target price to C$24 from C$28
     * Calian Group Ltd  CGY.TO : CIBC raises target price to C$75 from C$67
     * Canadian Tire Corporation Ltd  CTCa.TO : CIBC cuts target price to C$150 from C$153
     * Canadian Tire Corporation Ltd  CTCa.TO : TD Securities cuts PT to C$155 from C$160
     * Great-West Lifeco Inc  GWO.TO : CIBC raises target price to C$46 from C$44
     * Killam Apartment REIT  KMP_u.TO : CIBC raises target price to C$22 from C$20
     * Killam Apartment REIT  KMP_u.TO : TD Securities raises target price to C$23 from C$21
     * Manulife Financial Corp  MFC.TO : CIBC raises target price to C$34 from C$30
     * Mullen Group Ltd  MTL.TO : CIBC raises target price to C$17 from C$16.5
     * Mullen Group Ltd  MTL.TO : CIBC raises to outperformer from neutral
     * Mullen Group Ltd  MTL.TO : Scotiabank raises target price to C$20 from C$19.5
     * Mullen Group Ltd  MTL.TO : TD Securities raises target price to C$22 from C$21
     * Peyto Exploration & Development Corp  PEY.TO : Atb Capital Markets initiates coverage with outperform rating
     * Peyto Exploration & Development Corp  PEY.TO : Atb Capital Markets initiates coverage with target price C$15
     * Primaris REIT  PMZ_u.TO : CIBC cuts target price to C$17 from C$18
     * Primaris REIT  PMZ_u.TO : National Bank of Canada raises target price to C$16 from C$15.5
     * Spin Master Corp  TOY.TO : CIBC cuts target price to C$44 from C$47
     * West Fraser Timber Co Ltd  WFG.TO : CIBC cuts target price to C$131 from C$142
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))