Canada Research Roundup: Alimentation Couche: Tard, Great-West Lifeco

PHX Energy Services

03/07/2013 22:48

July 3 (Reuters) - Securities analysts revised their ratings and price targets on several 
Canadian companies, including Alimentation Couche-Tard and Sun Life Financial, on Wednesday.  
     
    HIGHLIGHTS 
    * Alimentation Couche-Tard  ATDb.TO : Desjardins raises target to C$70 from C$64; buy      
    * Great-West Lifeco  GWO.TO : CIBC ups target to C$30 from C$29; rating sector performer 
    * Sun Life Financial  SLF.TO : CIBC ups target to C$32 from C$31; rating sector performer 
         
Following is a summary of research actions on Canadian companies reported by Reuters on 
Wednesday. Stock entries are in alphabetical order.  
     
    * Africa Oil  AOI.V : Dundee raises target price to C$14 from C$13; rating buy 
    * Alimentation Couche-Tard  ATDb.TO : Desjardins raises target to C$70 from C$64; rating buy 
    * Bonterra Energy  BNE.TO : NBF resumes coverage with outperform; price target C$55 
    * Brigus Gold  BRD.TO : BMO cuts price target to C$0.70 from C$0.85; rating market perform 
    * CanWel Building Materials  CWX.TO : Raymond James cuts to market perform from outperform 
    * CanWel Building Materials  CWX.TO : Raymond James cuts price target to C$2.80 from C$3 
    * Coastal Energy  CEN.TO : CIBC cuts target to C$19 from C$20; rating sector outperformer 
    * Corvus Gold  KOR.TO : Octagon cuts to sell from hold, price target to C$0.30 from C$0.65 
    * Delphi Energy  DEE.TO : National Bank Financial raises to outperform from sector perform  
    * Delphi Energy  DEE.TO : National Bank Financial raises target to C$2.25 from C$1.60 
    * Elemental Minerals  ELM.TO : NBF changes recommendation to tender from outperform 
    * Elemental Minerals  ELM.TO : NBF cuts price targetto C$0.64 from C$1 
    * Great-West Lifeco  GWO.TO : CIBC ups target to C$30 from C$29; rating sector performer 
    * Industrial Alliance Insurance  IAG.TO : CIBC ups target to C$43 from C$39 
    * Kirkland Lake Gold  KGI.TO : BMO ups target to C$19 from C$17; rating sector outperformer 
    * Major Drilling Group  MDI.TO : Haywood cuts target price by C$5 to C$8.50; rating buy 
    * PHX Energy Services  PHX.TO : NBF ups target to C$11.50 from C$10; rating sector perform 
    * QLT Inc  QLTI.O : Roth Capital cuts price target by $4 to $6.25; rating buy  
    * Stream Oil and Gas  SKO.V : M Partners cuts target price to C$2 from C$2.75; rating buy 
    * Sun Life Financial  SLF.TO : CIBC ups target to C$32 from C$31; rating sector performer 
    * Surge Energy  SGY.TO : Dundee raises target price to C$7.25 from $6.75; rating buy 
    * US Silver and Gold  USA.TO : Octagon cuts to hold from buy; target to C$0.65 from C$1.40 
    * Western Forest Products  WEF.TO : Raymond James raises to outperform from market perform 
    * Western Forest Products  WEF.TO : Raymond James raises target price to C$1.50 from C$1.40 
 
 (Compiled by Rachel Chitra and Eileen Anupa Soreng in Bangalore) 
 ((rachel.chitra@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. +91 80 6749 
6149)(Reuters Messaging: rachel.chitra.reuters.com@reuters.net)) 
 
Keywords: RESEARCH CANADA/