Canada Research Roundup: Birchcliff Energy, Keyera, Suncor Energy

Paramount Resources (Pre-Merger)

13/12/2022 13:25

Dec 13 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Birchcliff Energy, Keyera and Suncor Energy on Tuesday. 
    HIGHLIGHTS    
     * Birchcliff Energy Ltd  BIR.TO : BMO cuts target price to C$13 from C$14
     * Keyera Corp  KEY.TO : Raymond James cuts to outperform from strong buy
     * MEG Energy Corp  MEG.TO : BMO cuts target price to C$21 from C$23
     * North American Construction Group Ltd  NOA.TO : BMO raises PT to C$22 from C$20
     * Suncor Energy Inc  SU.TO : BMO cuts target price to C$54 from C$55
 Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
     * Baytex Energy Corp  BTE.TO : BMO cuts target price to C$8 from C$9
     * Birchcliff Energy Ltd  BIR.TO : BMO cuts target price to C$13 from C$14
     * Cardinal Energy Ltd (Alberta)  CJ.TO : BMO cuts target price to C$11 from C$12
     * Computer Modelling Group Ltd  CMG.TO : BMO raises target price to C$6 from C$5.25
     * Corus Entertainment  CJRb.TO : Canaccord Genuity cuts target price to C$2.60 from C$2.75
     * Crescent Point Energy Corp  CPG.TO : BMO cuts target price to C$12 from C$13
     * Enerflex Ltd  EFX.TO : BMO raises target price to C$12 from C$10
     * Enerplus Corp  ERF.TO : BMO cuts target price to C$19 from C$20
     * First Mining Gold Corp.  FF.TO : H.C. Wainwright cuts target price to C$0.7 from C$1
     * Frontera Energy Corp  FEC.TO : BMO cuts target price to C$14 from C$15
     * Frontera Energy Corp  FEC.TO : Canaccord Genuity cuts target price to C$16 from C$19
     * Headwater Exploration Inc  HWX.TO : BMO cuts target price to C$10 from C$10.5
     * Keyera Corp  KEY.TO : Raymond James cuts to outperform from strong buy
     * Lucero Energy Corp  LOU.V : BMO cuts target price to C$1 from C$1.1
     * MEG Energy Corp  MEG.TO : BMO cuts target price to C$21 from C$23
     * North American Construction Group Ltd  NOA.TO : BMO raises PT to C$22 from C$20
     * Nuvista Energy Ltd  NVA.TO : BMO cuts target price to C$16 from C$18
     * Obsidian Energy Ltd  OBE.TO : BMO cuts target price to C$12 from C$14
     * Paramount Resources Ltd  POU.TO : BMO cuts target price to C$35 from C$36
     * Parex Resources Inc  PXT.TO : BMO cuts target price to C$30 from C$32
     * Pembina Pipeline Corp  PPL.TO : Raymond James raises target price to C$47 from C$46
     * Peyto Exploration & Development Corp  PEY.TO : BMO cuts target price to C$15 from C$16
     * Pipestone Energy Corp  PIPE.TO : BMO cuts target price to C$4.75 from C$5.50
     * Rubellite Energy Inc  RBY.TO : BMO cuts target price to C$3.5 from C$4
     * Suncor Energy Inc  SU.TO : BMO cuts target price to C$54 from C$55
     * Vermilion Energy Inc  VET.TO : BMO cuts target price to C$32 from C$36
     * Whitecap Resources Inc  WCP.TO : BMO cuts target price to C$12 from C$14
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))