Canada Research Roundup: Black Diamond Group, Pine Cliff Energy, Surge Energy

Pason Systems

20/07/2018 10:04

July 20 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Black Diamond Group, Pine Cliff Energy and Surge Energy, on
Friday. 
    
    HIGHLIGHTS
     * Black Diamond Group Ltd  BDI.TO : CIBC raises target price to C$2.75 from C$1.50
     * Pine Cliff Energy Ltd  PNE.TO : CIBC raises to neutral from underperform
     * Surge Energy Inc  SGY.TO : CIBC raises target price to C$3 from C$2.75
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    

     * Advantage Oil & Gas Ltd  AAV.TO : CIBC cuts target price to C$5.25 from C$5.50
     * Black Diamond Group Ltd  BDI.TO : CIBC raises target price to C$2.75 from C$1.50
     * Bonavista Energy Corp  BNP.TO : CIBC cuts target price to C$1.65 from C$1.75
     * Bonterra Energy Corp  BNE.TO : CIBC raises target price to C$18 from C$16.5
     * Calfrac Well Services Ltd  CFW.TO : CIBC cuts target price to C$8.5 from C$9.5
     * Choice Properties REIT  CHP_u.TO : Canaccord Genuity raises TP to C$13 from C$12.75
     * Crescent Point Energy Corp  CPG.TO : CIBC raises target price to C$13 from C$12.5
     * Enerplus Corp  ERF.TO : CIBC raises target price to C$22 from C$20
     * Gluskin Sheff + Associates Inc  GS.TO : CIBC raises target price to C$19 from C$17
     * Intact Financial Corp  IFC.TO : Barclays cuts price target to C$106 from C$110
     * MPX Bioceutical Corp  MPX.CD : Canaccord Genuity raises target price to C$1.25 from C$1.15
     * Obsidian Energy Ltd  OBE.TO : CIBC raises target price to C$1.75 from C$1.5
     * Pason Systems Inc  PSI.TO : CIBC raises target price to C$20 from C$19
     * Pengrowth Energy Corp  PGF.TO : CIBC raises target price to C$1.10 from C$0.90
     * Petrus Resources Ltd  PRQ.TO : CIBC cuts target price to C$1.25 from C$1.75
     * Pine Cliff Energy Ltd  PNE.TO : CIBC raises to neutral from underperform
     * Pine Cliff Energy Ltd  PNE.TO : CIBC raises target price to C$0.50 from C$0.35
     * Rogers Communications Inc  RCIb.TO : Barclays raises price target to C$70 from C$68
     * Rogers Communications Inc  RCIb.TO : CIBC raises target price to C$70 from C$67
     * Rogers Communications Inc  RCIb.TO : JP Morgan raises price target to C$72 from C$67
     * Rogers Communications Inc  RCIb.TO : RBC raises target price to C$69 from C$68
     * Storm Resources Ltd  SRX.TO : CIBC raises target price to C$3.25 from C$3
     * Surge Energy Inc  SGY.TO : CIBC raises target price to C$3 from C$2.75
     * Tamarack Valley Energy Ltd  TVE.TO : CIBC raises target price to C$6.25 from C$6
     * TMX Group Ltd  X.TO : CIBC raises target price to C$98 from C$88
     * Torc Oil & Gas Ltd  TOG.TO : CIBC raises target price to C$10.25 from C$9.5
     * Total Energy Services Inc  TOT.TO : CIBC cuts target price to C$14 from C$16
     * Vermilion Energy Inc  VET.TO : CIBC raises target price to C$60 from C$55
     * Western Energy Services Corp  WRG.TO : CIBC cuts target price to C$2 from C$2.5
     * Whitecap Resources Inc  WCP.TO : CIBC raises target price to C$12.75 from C$12.5
 

 (Compiled by Bengaluru Newsroom)
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