Canada Research Roundup: Canadian Western Bank, Cominar REIT, Obsidian Energy

Obsidian Energy

08/03/2019 08:41

March 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Western Bank, Cominar REIT and Obsidian Energy, on
Friday. 
    
    
  HIGHLIGHTS
     * Canadian Western Bank  CWB.TO : RBC cuts to sector perform from outperform
     * Cominar REIT  CUF_u.TO : CIBC raises to outperformer from neutral
     * Obsidian Energy Ltd  OBE.TO : Canaccord Genuity cuts to hold from speculative buy
     * Paramount Resources  POU.TO : National Bank of Canada cuts to sector perform from outperform
    
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     
     * Canadian Western Bank  CWB.TO : CIBC cuts price target to C$34 from C$36
     * Canadian Western Bank  CWB.TO : RBC cuts to sector perform from outperform
     * Canadian Western Bank  CWB.TO : RBC cuts price target to C$32 from C$38
     * Cominar REIT  CUF_u.TO : CIBC raises price target to C$14 from C$13.50
     * Cominar REIT  CUF_u.TO : CIBC raises to outperformer from neutral
     * Freehold Royalties  FRU.TO : National Bank of Canada cuts target to C$10 from C$10.50
     * Obsidian Energy Ltd  OBE.TO : Canaccord Genuity cuts price target to C$0.40 from C$0.75
     * Obsidian Energy Ltd  OBE.TO : Canaccord Genuity cuts to hold from speculative buy
     * Painted Pony Energy Ltd  PONY.TO : RBC raises target price to C$2.50 from C$2
     * Paramount Resources Ltd  POU.TO : CIBC cuts price target to C$11 from C$13
     * Paramount Resources Ltd  POU.TO : National Bank of Canada cuts PT to C$10 from C$11.75
     * Paramount Resources  POU.TO :National Bank of Canada cuts to sector perform from outperform
     * Spin Master Corp  TOY.TO : CIBC cuts price target to C$47 from C$50
 

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