Canada Research Roundup: Canadian Natural Resources, Imperial Oil, TCP Energy

Real Matters

08/10/2024 20:33

Oct 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies including Canadian Natural Resources, Imperial Oil and TCP Energy, on Tuesday.
    
    HIGHLIGHTS   
    
     * Altius Minerals Corp  ALS.TO : Scotiabank raises target price to C$26 from C$24
     * Canadian Natural Resources Ltd  CNQ.TO : RBC raises target price to C$62 from C$59
     * Imperial Oil  IMO.TO : JP Morgan raises target price to C$97 from C$94
     * Real Matters Inc  REAL.TO : Raymond James raises target price to C$10.50 from C$8
     * TCP Energy Corp  TRP.TO : Jefferies cuts target price to C$60 from C$66
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries
are in alphabetical order.     
                 * Advantage Energy  AAV.TO : National Bank of Canada cuts to sector perform
 from outperform
 
     * Altius Minerals Corp  ALS.TO : Scotiabank raises target price to C$26 from C$24
     * Canadian National Railway Co  CNR.TO : JP Morgan cuts target price to C$169 from C$176
     * Canadian Natural Resources Ltd  CNQ.TO : ATB Capital Markets raises PT to C$60 from C$58
     * Canadian Natural Resources Ltd  CNQ.TO : Gerdes Energy Research raises PT by C$1 to C$53
     * Canadian Natural Resources Ltd  CNQ.TO : National Bank of Canada raises PT to C$53 from
 C$52
     * Canadian Natural Resources Ltd  CNQ.TO : Raymond James raises PT to C$51 from C$48
     * Canadian Natural Resources Ltd  CNQ.TO : RBC raises target price to C$62 from C$59
     * Canadian Natural Resources Ltd  CNQ.TO : TD Cowen raises target price to C$58 from C$56
     * Canadian Pacific Kansas City  CP.TO : JP Morgan raises target price to C$137 from C$136
     * Dri Healthcare Trust  DHTu.TO : Scotiabank raises target price to $22 from $21
     * First Quantum Minerals Ltd  FM.TO : Scotiabank raises target price C$18.50 from C$17
                 * Healwell AI  AIDX.TO : Ventum Financial resumes coverage with buy rating;
 target C$3.50
 
     * Hudbay Minerals Inc  HBM.TO : Scotiabank raises target price to C$15 from C$14.50
     * Imperial Oil  IMO.TO : JP Morgan raises target price to C$97 from C$94
     * Ivanhoe Mines Ltd  IVN.TO : Scotiabank raises target price to C$22 from C$21
     * Labrador Iron Ore Royalty Corp  LIF.TO : Scotiabank raises PT to C$32 from C$31
     * Logan Energy Corp  LGN.V : CIBC cuts target price to C$1.50 from C$1.75
                 * Montage Gold Corp  MAU.V : Cormark Securities raises target price to C$2.75
 from C$2.50
 
     * Montage Gold Corp  MAU.V : Stifel raises target price to C$2.60 from C$2.20
     * Real Matters Inc  REAL.TO : Raymond James raises target price to C$10.50 from C$8
     * TCP Energy Corp  TRP.TO : Jefferies cuts target price to C$60 from C$66
     * Teck Resources Ltd  TECKb.TO : Scotiabank raises target price to C$79 from C$78
  

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))