Canada Research Roundup: Aphria, Cenovus Energy, Thomson Reuters

Pason Systems

15/01/2021 07:59

Jan 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Aphria, Cenovus Energy and Thomson Reuters on Friday. 
    
    HIGHLIGHTS    
     * Aphria Inc  APHA.TO : Canaccord Genuity raises to speculative buy from hold
     * Cenovus Energy Inc  CVE.TO : CIBC initiates coverage with outperformer rating
     * Pason Systems  PSI.TO : National Bank of Canada raises to outperform from sector perform
     * Thomson Reuters Corp  TRI.TO : National Bank of Canada raises to outperform from sector perform
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock
entries are in alphabetical order. 
    
     * Alimentation Couche-Tard Inc  ATDb.TO : CIBC cuts target price to C$46 from C$52
     * Aphria Inc  APHA.TO : Canaccord Genuity raises to speculative buy from hold
     * Aphria Inc  APHA.TO : Canaccord Genuity raises target price to C$17.50 from C$11
     * Aphria Inc  APHA.TO : CIBC raises target price to C$18 from C$12.50
     * Aritzia Inc  ATZ.TO : CIBC raises target price to C$31 from C$26
     * Ayr Strategies Inc  AYRa.CD : Canaccord Genuity raises target price to C$60 from C$52
     * Cenovus Energy Inc  CVE.TO : CIBC initiates coverage with outperformer rating
     * Cenovus Energy Inc  CVE.TO : CIBC initiates coverage with price target C$11
     * Cresco Labs Inc  CL.CD : Haywood Securities raises target price to C$24 from C$20
     * Osisko Gold Royalties Ltd  OR.TO : Cormark Securities raises PT to C$25 from C$20
     * Pason Systems  PSI.TO : National Bank of Canada raises to outperform from sector perform
     * Pason Systems  PSI.TO : National Bank of Canada raises target price to C$10.50 from C$7.50
     * Thomson Reuters Corp  TRI.TO : National Bank of Canada raises to outperform from sector perform
     * Thomson Reuters Corp  TRI.TO : National Bank of Canada raises PT to C$115 from C$111
     * Torex Gold Resources Inc  TXG.TO : Canaccord Genuity cuts PT to C$33.50 from C$34.50
     * WSP Global Inc  WSP.TO : National Bank of Canada resumes coverage with outperform rating 
     * WSP Global Inc  WSP.TO : National Bank of Canada resumes coverage with C$133 price target
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))