Canada Research Roundup: 5N Plus, CGI Group, Fortis

Pason Systems

02/05/2019 10:07

May 2 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including 5N Plus, CGI Group and Fortis, on Thursday. 
    
    HIGHLIGHTS
     * 5N Plus Inc  VNP.TO : National Bank of Canada cuts target price to C$4.25 from C$4.50
     * CGI Group Inc  GIBa.TO : Canaccord Genuity raises target price to C$106 from C$95
     * Fortis Inc  FTS.TO : RBC raises price target to C$56 from C$53
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
  
     * 5N Plus Inc  VNP.TO : National Bank of Canada cuts target price to C$4.25 from C$4.50
     * CGI Group Inc  GIBa.TO : Canaccord Genuity raises target price to C$106 from C$95
     * CGI Inc  GIBa.TO : RBC raises target price to C$108 from C$100
     * Fairfax Financial Holdings  FFH.TO : National Bank of Canada raises PT to C$800 from C$775
     * Fortis Inc  FTS.TO : RBC raises price target to C$56 from C$53
     * Manulife Financial Corp  MFC.TO : National Bank of Canada raises PT to C$27 from C$26
     * Morguard North American Residential REIT  MRG_u.TO : RBC raises PT to C$19 from C$18
     * Pason Systems  PSI.TO : National Bank of Canada raises to outperform from sector perform
     * Rocky Mountain Dealerships Inc  RME.TO : CIBC cuts price target to C$10 from C$10.50
     * Rocky Mountain Dealerships Inc  RME.TO : RBC cuts price target to C$10 from C$11
     * Stelco Holdings  STLC.TO : National Bank of Canada cuts target price to C$18 from C$21
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))