Jan 20 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Arc Resources, Paramount Resources and Tourmaline Oil on Tuesday.
HIGHLIGHTS
* Arc Resources Ltd ARX.TO: Jefferies cuts target price to C$27 from C$28
* EQB Inc EQB.TO: BMO raises to outperform from market perform
* Paramount Resources Ltd POU.TO: Jefferies cuts target price to C$28 from C$29
* Suncor Energy Inc SU.TO: JP Morgan raises to overweight from neutral
* Tourmaline Oil TOU.TO: Jefferies cuts target price to C$70 from C$72
The following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
* Arc Resources Ltd ARX.TO: Jefferies cuts target price to C$27 from C$28
* Cameco Corp CCO.TO: BMO raises target price to C$170 from C$160
* Canadian Natural Resources Ltd CNQ.TO: JP Morgan cuts target price to C$48 from C$49
* Cenovus Energy Inc CVE.TO: JP Morgan cuts target price to C$25 from C$29
* Cenovus Energy Inc CVE.TO: JP Morgan cuts to neutral from overweight
* Centerra Gold Inc CG.TO: BofA Global Research ups price objective to C$17.5 from C$14.75
* EQB Inc EQB.TO: BMO raises target price to C$130 from C$108
* EQB Inc EQB.TO: BMO raises to outperform from market perform
* Exchange Income Corp EIF.TO: Ventum Financial raises target price to C$110 from C$95
* IAMGOLD Corp IMG.TO: Cormark Securities raises target price to C$32 from C$20
* Imperial Oil IMO.TO: JP Morgan cuts target price to C$99 from C$110
* Montage Gold Corp MAU.TO: Stifel raises target price to C$12.75 from C$9.25
* Paramount Resources Ltd POU.TO: Jefferies cuts target price to C$28 from C$29
* Strathcona Resources Ltd SCR.TO: Jefferies cuts target price to C$26 from C$29
* Suncor Energy Inc SU.TO: JP Morgan raises target price to C$75 from C$64
* Suncor Energy Inc SU.TO: JP Morgan raises to overweight from neutral
* Suncor Energy Inc SU.TO: Scotiabank raises target price to C$70 from C$62
* Topaz Energy Corp TPZ.TO: Jefferies cuts target price to C$30 from C$31
* Tourmaline Oil TOU.TO: Jefferies cuts target price to C$70 from C$72
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
