Canada Research Roundup: Cogeco Communications, Shaw Communications, WSP Global

Paramount Resources (Pre-Merger)

11/01/2023 07:30

Jan 11 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Cogeco Communications, Shaw Communications and WSP Global,
on Wednesday. 
    HIGHLIGHTS    
     * Cogeco Communications Inc  CCA.TO : Canaccord Genuity raises PT to C$74 from C$72
     * Imperial Oil Ltd  IMO.TO : National Bank of Canada raises target price to C$85 from C$80
     * Shaw Communications Inc  SJRb.TO : Canaccord Genuity cuts to hold from buy
     * Toromont Industries  TIH.TO : National Bank of Canada ups to outperform from sector perform
     * WSP Global Inc  WSP.TO : National Bank of Canada raises target price to C$185 from C$181
 Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     * ABC Technologies Holdings  ABCT.TO : National Bank of Canada raises PT to C$6 from C$5
     * ARC Resources Ltd  ARX.TO : National Bank of Canada cuts target price to C$21 from C$23
     * Arizona Sonoran Copper Company Inc  ASCU.TO : Canaccord Genuity cuts PT to C$3 from C$3.50
     * ATS Automation Tooling Systems  ATS.TO : National Bank of Canada ups PT to C$57 from C$53
     * Autocanada Inc  ACQ.TO : National Bank of Canada cuts target price to C$27 from C$28
     * Baytex Energy  BTE.TO : National Bank of Canada cuts target price to C$7.75 from C$9
     * BCE Inc  BCE.TO : Canaccord Genuity raises target price to C$63 from C$62
     * Birchcliff Energy  BIR.TO : National Bank of Canada cuts target price to C$12 from C$13.5
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada raises target to C$39 from C$36
     * Cogeco Communications Inc  CCA.TO : Canaccord Genuity raises PT to C$74 from C$72
     * Cogeco Communications Inc  CCA.TO : National Bank of Canada cuts PT to C$88 from C$96
     * Crescent Point Energy Corp  CPG.TO : National Bank of Canada cuts PT to C$15 from C$17
     * Crew Energy Inc  CR.TO : National Bank of Canada cuts target price to C$6.5 from C$7.5
     * Ero Copper Corp  ERO.TO : Canaccord Genuity raises target price to C$26.50 from C$20
     * Filo Mining Corp  FIL.TO : Canaccord Genuity raises target price to C$36 from C$25
     * First Quantum Minerals Ltd  FM.TO : Canaccord Genuity raises PT to C$37 from C$31
     * First Quantum Minerals Ltd  FM.TO : Jefferies raises target price to C$37 from C$32
     * High Tide Inc  HITI.V : Atb Capital Markets cuts target price to C$6.5 from C$10
     * Hudbay Minerals Inc  HBM.TO : Canaccord Genuity raises target price to C$11 from C$9.50
     * Imperial Oil Ltd  IMO.TO : National Bank of Canada raises target price to C$85 from C$80
     * Ivanhoe Mines Ltd  IVN.TO : Canaccord Genuity raises target price to C$14 from C$12
     * Kelt Exploration  KEL.TO : National Bank of Canada cuts target price to C$7.5 from C$8
     * Lucero Energy Corp  LOU.V : National Bank of Canada cuts PT to C$0.9 from C$1
     * North American Construction Group  NOA.TO : National Bank of Canada ups PT to C$24 from C$22
     * Nutrien Ltd  NTR.TO : HSBC cuts target price to C$83 from C$90
     * Nuvista Energy  NVA.TO : National Bank of Canada raises target price to C$16 from C$15
     * Paramount Resources Ltd  POU.TO : National Bank of Canada cuts PT to C$37.5 from C$40
     * Peyto Exploration & Development  PEY.TO : National Bank of Canada ups PT to C$18.5 from C$17
     * Pipestone Energy Corp  PIPE.TO : National Bank of Canada cuts PT to C$4 from C$4.5
     * Prairiesky Royalty Ltd  PSK.TO : National Bank of Canada raises PT to C$25 from C$24
     * Quebecor Inc  QBRb.TO : Canaccord Genuity raises target price to C$33 from C$30
     * Rogers Communications Inc  RCIb.TO : Canaccord Genuity raises PT to C$68 from C$63
     * Shaw Communications Inc  SJRb.TO : Canaccord Genuity cuts to hold from buy
     * SNC-Lavalin Group Inc  SNC.TO : National Bank of Canada raises PT to C$39 from C$36
     * Stantec Inc  STN.TO : National Bank of Canada raises target price to C$78 from C$74
     * Stelco Holdings  STLC.TO : National Bank of Canada raises target price to C$49 from C$47
     * Stella-Jones Inc  SJ.TO : National Bank of Canada cuts to sector perform from outperform
     * Stella-Jones Inc  SJ.TO : National Bank of Canada raises target price to C$54 from C$53
     * Suncor Energy Inc  SU.TO : National Bank of Canada raises target price to C$57 from C$54
     * Surge Energy Inc  SGY.TO : National Bank of Canada cuts target price to C$13 from C$15
     * Tamarack Valley Energy Ltd  TVE.TO : National Bank of Canada cuts PT to C$7.25 from C$8
     * Teck Resources Ltd  TECKb.TO : Canaccord Genuity raises target price to C$53.50 from C$46
     * Teck Resources Ltd  TECKb.TO : Jefferies raises target price to C$65 from C$60
     * Telus Corp  T.TO : Canaccord Genuity raises target price to C$34 from C$33
     * TFI International Inc  TFII.TO : National Bank of Canada raises PT to C$162 from C$145
     * Toromont Industries  TIH.TO : National Bank of Canada ups to outperform from sector perform
     * Toromont Industries  TIH.TO : National Bank of Canada raises target to C$110 from C$109
     * Tourmaline Oil  TOU.TO : National Bank of Canada cuts target price to C$90 from C$100
     * Vermilion Energy  VET.TO : National Bank of Canada cuts target price to C$29 from C$50
     * Whitecap Resources Inc  WCP.TO : National Bank of Canada cuts PT to C$15 from C$15.5
     * WSP Global Inc  WSP.TO : National Bank of Canada raises target price to C$185 from C$181
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))