Canada Research Roundup: Cargojet, Paramount Resources, Vermilion Energy

Paramount Resources (Pre-Merger)

16/01/2024 06:44

Jan 16 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Cargojet, Paramount Resources and Vermilion Energy, on
Tuesday. 
    
    HIGHLIGHTS    
                 * Cargojet Inc  CJT.TO : Atb Capital Markets raises target price to C$155
 from C$125
 
                 * Kelt Exploration Ltd  KEL.TO : CIBC cuts target price to C$8 from C$9
 
                 * Paramount Resources Ltd  POU.TO : CIBC cuts target price to C$32.50 from
 C$40
 
                 * Vermilion Energy Inc  VET.TO : CIBC cuts target price to C$22 from C$26
 
                 * Whitecap Resources Inc  WCP.TO : CIBC cuts target price to C$14 from C$15
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.      

                 * Advantage Energy Ltd  AAV.TO : CIBC cuts target price to C$9.75 from C$10.50
 
                 * ARC Resources Ltd  ARX.TO : CIBC cuts target price to C$26 from C$28
 
                 * Baytex Energy Corp  BTE.TO : CIBC cuts target price to C$6 from C$8
 
                 * Birchcliff Energy Ltd  BIR.TO : CIBC cuts target price to C$6.50 from C$8
 
                 * Cardinal Energy Ltd (Alberta)  CJ.TO : CIBC cuts target price to C$8 from C$9
 
                 * Cargojet Inc  CJT.TO : Atb Capital Markets raises target price to C$155 from
 C$125
 
                 * Cenovus Energy Inc  CVE.TO : CIBC cuts target price to C$30 from C$32
 
                 * Cineplex Inc  CGX.TO : National Bank of Canada cuts target price to C$12.5
 from C$13.5
 
                 * Crescent Point Energy Corp  CPG.TO : CIBC cuts target price to C$14 from C$15
 
                 * Enerflex Ltd  EFX.TO : CIBC cuts target price to C$7.25 from C$8.50
 
                 * Ensign Energy Services Inc  ESI.TO : CIBC cuts target price to C$3.25 from C$4
 
                 * Freehold Royalties Ltd  FRU.TO : CIBC cuts target price to C$16.00 from
 C$16.75
 
                 * Kelt Exploration Ltd  KEL.TO : CIBC cuts target price to C$8 from C$9
 
                 * Lucero Energy Corp  LOU.V : CIBC cuts target price to C$0.70 from C$0.80
 
                 * Lundin Mining Corp  LUN.TO : CIBC cuts target price to C$12 from C$13
 
                 * MEG Energy Corp  MEG.TO : CIBC cuts target price to C$26 from C$27
 
                 * Paramount Resources Ltd  POU.TO : CIBC cuts target price to C$32.50 from C$40
 
                 * Pipestone Energy Corp  SCR.TO : CIBC cuts target price to C$35 from C$40
 
                 * Prairiesky Royalty Ltd  PSK.TO : CIBC cuts target price to C$27.50 from
 C$29.50
 
                 * Secure Energy Services Inc  SES.TO : CIBC raises target price to C$10.50 from
 C$9.50
 
                 * Suncor Energy Inc  SU.TO : CIBC cuts target price to C$58 from C$61
 
                 * Tamarack Valley Energy Ltd  TVE.TO : CIBC cuts target price to C$4.50 from
 C$5.25
 
                 * Topaz Energy Corp  TPZ.TO : CIBC cuts target price to C$24 from C$26.50
 
                 * Tourmaline Oil Corp  TOU.TO : CIBC cuts target price to C$72.50 from C$82.50
 
                 * Vermilion Energy Inc  VET.TO : CIBC cuts target price to C$22 from C$26
 
                 * Whitecap Resources Inc  WCP.TO : CIBC cuts target price to C$14 from C$15
 
 

    


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