Canada Research Roundup: Canacol Energy, Suncor Energy, Surge Energy

OR Royalties

23/10/2023 08:20

Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Canacol Energy, Suncor Energy and Surge Energy, on Monday.
    
    HIGHLIGHTS  
                 * Canacol Energy Ltd  CNE.TO : JP Morgan cuts to neutral from overweight
 
                 * Suncor Energy Inc  SU.TO : Jefferies raises target price to C$50 from C$47 
 
                 * Surge Energy Inc  SGY.TO : Stifel raises target price to C$12.5 from C$11.75 
 
    
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
                 * Air Canada  AC.TO : Citigroup cuts price target to C$28 from C$31 
 
                 * Canacol Energy Ltd  CNE.TO : JP Morgan cuts to neutral from overweight
 
                 * Canacol Energy Ltd  CNE.TO : JP Morgan cuts target price to C$9 from C$17.50 
 
                 * Dye & Durham Ltd  DND.TO : CIBC cuts target price to C$26 from C$28 
 
                 * Endeavour Silver Corp  EDR.TO : CIBC cuts target price to C$6 from C$7 
 
                 * Osisko Gold Royalties Ltd  OR.TO : CIBC cuts target price to C$27 from C$28 
 
                 * Suncor Energy Inc  SU.TO : Jefferies raises target price to C$50 from C$47 
 
                 * Surge Energy Inc  SGY.TO : Stifel raises target price to C$12.5 from C$11.75 
 
                 * Tamarack Valley Energy Ltd  TVE.TO : RBC raises target price to C$5.50 from C$5 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))