Canada Research Roundup: Canadian Tire Corporation, CGI, Tourmaline Oil

Real Matters

01/08/2019 10:41

Aug 1 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Tire Corporation, CGI and Tourmaline Oil on Thursday. 
    
  HIGHLIGHTS
     * Canadian Tire Corporation Ltd  CTCa.TO : CIBC cuts price target to C$167 from C$170
     * CGI Inc  GIBa.TO : Canaccord Genuity raises target price to C$116 from C$106
     * Tourmaline Oil Corp  TOU.TO : National Bank of Canada cuts PT to C$23.5 from C$25
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
   
     * Canadian Tire Corporation Ltd  CTCa.TO : CIBC cuts price target to C$167 from C$170
     * Capstone Mining Corp  CS.TO : CIBC raises price target to C$0.90 from C$0.80
     * Cargojet Inc  CJT.TO : CIBC cuts price target to C$102 from C$105
     * Cargojet Inc  CJT.TO : RBC raises price target to C$119 from C$100
     * CGI Inc  GIBa.TO : Canaccord Genuity raises target price to C$116 from C$106
     * CGI Inc  GIBa.TO : RBC raises price target to C$115 from C$108
     * Element Fleet Management Corp  EFN.TO : RBC raises price target to C$13 from C$12
     * Great-West Lifeco Inc  GWO.TO : CIBC cuts price target to C$32.50 from C$37
     * Interrent REIT  IIP_u.TO : CIBC raises price target to C$15 from C$14
     * Interrent REIT  IIP_u.TO : RBC raises price target to C$15.50 from C$14.50
     * Morguard North American Residential REIT  MRG_u.TO : RBC raises PT to C$21 from C$19
     * Painted Pony Energy Ltd  PONY.TO : Canaccord Genuity cuts PT to C$1.6 from C$1.75
     * Real Matters Inc  REAL.TO : Canaccord Genuity raises price target to C$10 from C$7
     * Rocky Mountain Dealerships Inc  RME.TO : RBC cuts price target to C$8 from C$9
     * Tourmaline Oil Corp  TOU.TO : National Bank of Canada cuts PT to C$23.5 from C$25
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))