Canada Research Roundup: BRP, CAE, Gibson Energy

New Found Gold

06/06/2022 12:05

June 6 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including BRP, CAE and Martinrea International, on Monday. 
        
  HIGHLIGHTS   
     * BRP Inc  DOO.TO : CIBC raises target price to C$125 from C$124
     * CAE Inc  CAE.TO : BofA Global Research raises to neutral from underperform
     * Gibson Energy Inc  GEI.TO : BMO cuts to market perform from outperform
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * BRP Inc  DOO.TO : CIBC raises target price to C$125 from C$124
     * BRP Inc  DOO.TO : Raymond James cuts target price to C$135 from C$146
     * BRP Inc  DOO.TO : RBC cuts target price to C$111 from C$128
     * BRP Inc  DOO.TO : Scotiabank cuts target price to C$126 from C$133
     * CAE Inc  CAE.TO : BofA Global Research raises to neutral from underperform
     * CAE Inc  CAE.TO : BofA Global Research raises price objective to C$38 from C$33
     * Gibson Energy Inc  GEI.TO : BMO cuts to market perform from outperform
     * Labrador Iron Ore Royalty Corp  LIF.TO : Scotiabank cuts target price to C$41 from C$45
     * New Found Gold Corp  NFG.V : BMO starts with outperform rating; target price C$10
    

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