Canada Research Roundup: Baytex Energy, Rubellite Energy, Surge Energy

Questor Technology

14/04/2022 08:12

April 14 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Baytex Energy, Rubellite Energy and Surge Energy, on Thursday. 
    
    HIGHLIGHTS    
     * Baytex Energy Corp  BTE.TO : National Bank of Canada ups to outperform from sector perform 
     * Questor Technology  QST.V : Atb Capital Markets cuts to underperform from sector perform 
     * Rubellite Energy Inc  RBY.TO : Cormark Securities initiates with buy rating 
     * Shaw Communications  SJRb.TO : National Bank of Canada cuts to sector perform from outperform 
     * Surge Energy Inc  SGY.TO : National Bank of Canada ups to outperform from sector perform 
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     * Advantage Energy Ltd  AAV.TO : CIBC raises target price to C$11 from C$10 
     * Air Canada  AC.TO : National Bank of Canada raises target price to C$31 from C$29 
     * Arc Resources Ltd  ARX.TO : CIBC raises target price to C$21 from C$20 
     * Baytex Energy Corp  BTE.TO : CIBC raises target price to C$8 from C$7 
     * Baytex Energy Corp  BTE.TO : National Bank of Canada ups to outperform from sector perform 
     * Baytex Energy Corp  BTE.TO : National Bank of Canada ups PT to C$8.75 from C$6.50 
     * Birchcliff Energy Ltd  BIR.TO : CIBC raises target price to C$11 from C$9 
     * Canadian National Railway Co  CNR.TO : CIBC raises target price to C$169 from C$165 
     * Canadian Natural Resources Ltd  CNQ.TO : CIBC raises target price to C$90 from C$80 
     * Cenovus Energy Inc  CVE.TO : CIBC raises target price to C$30 from C$28 
     * Crescent Point Energy Corp  CPG.TO : CIBC raises target price to C$13.5 from C$13 
     * Dialogue Health Technologies  CARE.TO : CIBC raises target price to C$9.5 from C$9 
     * Dialogue Health Technologies  CARE.TO : National Bank of Canada ups PT to C$12.25 from C$11.50 
     * Northland Power Inc  NPI.TO : National Bank of Canada raises PT to C$45 from C$44 
     * Questor Technology  QST.V : Atb Capital Markets cuts to underperform from sector perform 
     * Questor Technology  QST.V : Atb Capital Markets cuts target price to C$1.50 from C$2.25 
     * Rubellite Energy Inc  RBY.TO : Cormark Securities initiates with buy rating 
     * Rubellite Energy Inc  RBY.TO : Cormark Securities initiates with C$6.75 target price 
     * Shaw Communications  SJRb.TO : National Bank of Canada cuts to sector perform from outperform 
     * Solaris Resources  SLS.TO : National Bank of Canada initiates coverage with outperform rating 
     * Solaris Resources  SLS.TO : National Bank of Canada initiates coverage with C$20 PT
     * Stelco Holdings Inc  STLC.TO : JP Morgan raises target price to C$67 from C$62 
     * Stelco Holdings Inc  STLC.TO : RBC raises target price to C$61 from C$60 
     * Surge Energy Inc  SGY.TO : National Bank of Canada ups to outperform from sector perform 
     * Surge Energy Inc  SGY.TO : National Bank of Canada ups target price to C$14.50 from C$10 
     * Teck Resources Ltd  TECKb.TO : Credit Suisse raises target price to C$58 from C$49.53 
     * Whitecap Resources Inc  WCP.TO : CIBC raises target price to C$14.5 from C$13 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))