Canada Research Roundup: Enerplus, MEG Energy, Yamana Gold

Nevada Copper

08/06/2022 12:17

June 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Enerplus, MEG Energy and Yamana Gold on Wednesday. 
        
  HIGHLIGHTS           
     * Enerplus Corp  ERF.TO : Scotiabank raises to sector outperform from sector perform
     * MEG Energy Corp  MEG.TO : Scotiabank cuts to sector perform from sector outperform
     * Yamana Gold Inc  YRI.TO : Canaccord Genuity raises to buy from hold
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.     
    
     * Africa Oil Corp  AOI.TO : Scotiabank raises target price to C$3.25 from C$3
     * Baytex Energy Corp  BTE.TO : Scotiabank raises target price to C$9 from C$6.75
     * Cae Inc  CAE.TO : BMO cuts target price to C$42 from C$45
     * Cae Inc  CAE.TO : Scotiabank raises target price to C$43.5 from C$43
     * Cae Inc  CAE.TO : Scotiabank raises target price to C$43.50 from C$43
     * Canadian Natural Resources  CNQ.TO : Scotiabank cuts to sector perform from sector outperform
     * Canadian Natural Resources  CNQ.TO : Scotiabank raises target price to C$91 from C$88
     * Cenovus Energy Inc  CVE.TO : Scotiabank raises target price to C$34 from C$25
     * Crescent Point Energy Corp  CPG.TO : Scotiabank raises target price to C$15 from C$11.5
     * Crescent Point Energy Corp  CPG.TO : Scotiabank raises to sector outperform from sector perform
     * Enerplus Corp  ERF.TO : Scotiabank raises target price to C$25 from C$20
     * Enerplus Corp  ERF.TO : Scotiabank raises to sector outperform from sector perform
     * Freehold Royalties Ltd  FRU.TO : Scotiabank raises target price to C$18 from C$17
     * Imperial Oil Ltd  IMO.TO : Scotiabank raises target price to C$80 from C$72
     * International Petroleum Corp  IPCO.TO : Scotiabank raises target price to C$17 from C$14
     * Major Drilling Group International Inc  MDI.TO : RBC raises target price to C$15 from C$14
     * MEG Energy Corp  MEG.TO : Scotiabank cuts to sector perform from sector outperform
     * MEG Energy Corp  MEG.TO : Scotiabank raises target price to C$26 from C$23
     * Neighbourly Pharmacy Inc  NBLY.TO : National Bank of Canada cuts PT to C$28 from C$35.50
     * Nevada Copper Corp  NCU.TO : Scotiabank cuts target price to C$0.70 from C$0.80
     * Parex Resources Inc  PXT.TO : Scotiabank raises target price to C$38 from C$37
     * Prairiesky Royalty Ltd  PSK.TO : Scotiabank raises target price to C$21 from C$20
     * Suncor Energy Inc  SU.TO : Scotiabank raises target price to C$57 from C$46
     * Vermilion Energy Inc  VET.TO : Scotiabank raises target price to C$36 from C$30
     * Whitecap Resources Inc  WCP.TO : Scotiabank raises target price to C$13 from C$12
     * Yamana Gold Inc  YRI.TO : Canaccord Genuity raises to buy from hold
     * Yamana Gold Inc  YRI.TO : Canaccord Genuity raises target price to C$10.50 from C$7.50
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))