Canada Research Roundup: Canadian Pacific Railway, Premium Brands Holdings, Transalta Renewables

North West

13/03/2020 09:24

March 13 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Pacific Railway, Premium Brands Holdings and Transalta
Renewables, on Friday. 
    
  HIGHLIGHTS       
     * Canadian Pacific Railway Ltd  CP.TO : RBC cuts price target to C$361 from C$391
     * Premium Brands Holdings  PBH.TO : National Bank of Canada cuts PT to C$103 from C$110
     * Transalta Renewables  RNW.TO : National Bank of Canada ups to outperform from sector perform
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.     
     * Alimentation Couche-Tard Inc  ATDb.TO : RBC raises price target to C$49 from C$47
     * Boralex Inc  BLX.TO : National Bank of Canada cuts target price to C$28.5 from C$32
     * Canadian National Railway Co  CNR.TO : RBC cuts price target to C$109 from C$122
     * Canadian Pacific Railway Ltd  CP.TO : RBC cuts price target to C$361 from C$391
     * Canwel Building Materials Group Ltd  CWX.TO : RBC cuts price target to C$5 from C$6
     * Dorel Industries Inc  DIIb.TO : RBC cuts price target to C$4 from C$7
     * Empire Company Ltd  EMPa.TO : National Bank of Canada cuts price target to C$34 from C$37
     * First Majestic Silver Corp  FR.TO : National Bank of Canada cuts PT to C$13.25 from C$14
     * Fortuna Silver Mines Inc  FVI.TO : National Bank of Canada cuts PT to C$5.25 from C$6
     * Golden Star Resources Ltd  GSC.TO : National Bank of Canada cuts PT to C$4 from C$5
     * Gran Tierra Energy Inc  GTE.TO : Scotiabank cuts target price to C$1.25 from C$1.85
     * Innergex Renewable Energy  INE.TO : National Bank of Canada cuts PT to C$19.5 from C$22.5
     * KP Tissue Inc  KPT.TO : RBC raises price target to C$13 from C$12
     * Medical Facilities Corp  DR.TO : RBC cuts price target to C$3.75 from C$4.50
     * Minto Apartment REIT  MI_u.TO : RBC raises price target to C$27.50 from C$25.50
     * Neo Performance Materials Inc  NEO.TO : Canaccord Genuity cuts PT to C$11 from C$14
     * NFI Group Inc  NFI.TO : Altacorp Capital cuts price target to C$35 from C$43
     * North West Company Inc  NWC.TO : RBC cuts price target to C$27 from C$30
     * Northland Power Inc  NPI.TO : National Bank of Canada cuts target to C$30.5 from C$33
     * Pinnacle Renewable Energy Inc  PL.TO : National Bank of Canada cuts PT to C$13 from C$15
     * Precision Drilling Corp  PD.TO : Citigroup cuts price target to C$0.8 from C$2
     * Premium Brands Holdings  PBH.TO : National Bank of Canada cuts PT to C$103 from C$110
     * Premium Brands Holdings  PBH.TO : RBC cuts price target to C$76 from C$91
     * Tidewater Midstream and Infrastructure  TWM.TO : RBC cuts PT to C$1.25 from C$1.75
     * Tidewater Midstream and Infrastructure  TWM.TO : Scotiabank cuts PT to C$1.25 from C$1.75
     * TMAC Resources Inc  TMR.TO : National Bank of Canada cuts target price to C$1 from C$2
     * Transalta Renewables  RNW.TO : National Bank of Canada ups to outperform from sector perform
     * Transalta Renewables  RNW.TO : National Bank of Canada cuts target to C$16.5 from C$17.5
     * Transglobe Energy Corp  TGL.TO : Scotiabank cuts target price to C$2.25 from C$3
     * WPT Industrial REIT  WIRr.TO : Canaccord Genuity cuts target price to $14.50 from $14.80
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))