Canada Research Roundup: Dollarama, Kinaxis, North West Company

North West

11/06/2020 14:00

June 11 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Dollarama, Kinaxis and North West Company, on Thursday.  
    
    HIGHLIGHTS    
     * Cenovus Energy Inc  CVE.TO : Scotiabank cuts to sector perform from sector outperform
     * Suncor Energy Inc  SU.TO : Scotiabank raises to sector outperform from sector perform   
     * Dollarama Inc  DOL.TO : BMO raises target price to C$52 from C$45 
     * TMX Group Ltd  X.TO : Deutsche Bank raises target price to C$146 from C$141
     * North West Company Inc  NWC.TO : TD Securities raises target price to C$32 from C$30
           
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     * Cenovus Energy Inc  CVE.TO : Scotiabank cuts to sector perform from sector outperform
     * Cenovus Energy Inc  CVE.TO : Scotiabank raises target price to C$6.50 from C$5
     * Dollarama Inc  DOL.TO : Barclays raises price target to C$49 from C$46
     * Dollarama Inc  DOL.TO : BMO raises target price to C$52 from C$45
     * Dollarama Inc  DOL.TO : Canaccord Genuity raises target price to C$46 from C$44
     * Dollarama Inc  DOL.TO : CIBC raises target price to C$49 from C$44
     * Dollarama Inc  DOL.TO : National Bank of Canada raises target price to C$53 from C$50
     * Dollarama Inc  DOL.TO : RBC raises target price to C$57 from C$55
     * Dollarama Inc  DOL.TO : TD Securities raises target price to C$56 from C$49
     * Dollarama Inc  DOL.TO : Wells Fargo raises price target to C$44 from C$36
     * First Quantum Minerals Ltd  FM.TO : Deutsche Bank raises target price to C$11 from C$9
     * Kinaxis Inc  KXS.TO : RBC raises target price to C$200 from C$175
     * Labrador Iron Ore Royalty  LIF.TO : TD Securities initiates with buy rating and C$28 PT
     * North West Company Inc  NWC.TO : BMO raises target price to C$30 from C$28
     * North West Company Inc  NWC.TO : CIBC raises target price to C$30 from C$27
     * North West Company Inc  NWC.TO : RBC raises target price to C$30 from C$27
     * North West Company Inc  NWC.TO : TD Securities raises target price to C$32 from C$30
     * Suncor Energy Inc  SU.TO : Scotiabank raises to sector outperform from sector perform
     * TMX Group Ltd  X.TO : Deutsche Bank raises target price to C$146 from C$141
     * Transcontinental Inc  TCLa.TO : BMO cuts target price to C$16.50 from C$17.50
     * Transcontinental Inc  TCLa.TO : Canaccord Genuity raises target price to C$18 from C$17
     * Transcontinental Inc  TCLa.TO : National Bank of Canada raises PT to C$17 from C$15
     * Transcontinental Inc  TCLa.TO : RBC raises target price to C$18 from C$17
     * Transcontinental Inc  TCLa.TO : Scotiabank raises target price to C$18 from C$16
     * Tricon Capital Group Inc  TCN.TO : Scotiabank raises target price to C$11 from C$10.25
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))