Canada Research Roundup: BCE, Choice Properties REIT, Russel Metals

RFA Financial

11/02/2019 12:48

Feb 11 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including BCE, Choice Properties REIT and Russel Metals, on Monday. 
    
  HIGHLIGHTS
     * BCE Inc  BCE.TO : JP Morgan raises price target to C$62 from C$59
     * Choice Properties REIT  CHP_u.TO : BMO resumes coverage with market perform rating 
     * Melcor REIT  MR_u.TO : BMO resumes with market perform, C$7.50 target price
     * Russel Metals Inc  RUS.TO : Raymond James cuts to outperform from strong buy
    
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.   

     * Allied Properties REIT  AP_u.TO :BMO resumes coverage with outperform rating and C$50 TP 
     * Artis REIT  AX_u.TO : BMO resumes coverage with market perform rating and C$12 TP
     * BCE Inc  BCE.TO : JP Morgan raises price target to C$62 from C$59
     * Brookfield Renewable Partners LP  BEP_u.TO : Desjardins raises target price to C$43 
     * CAE Inc  CAE.TO : Raymond James raises target price to C$27.5
     * CAE Inc  CAE.TO : TD Securities raises target price to C$29 from C$28
     * Cameco Corp  CCO.TO : BMO raises target price to C$17.50 from C$16.50
     * Canadian National Railway Co  CNR.TO : Morgan Stanley raises target price to C$117 
     * Choice Properties REIT  CHP_u.TO : BMO resumes coverage with market perform rating 
     * Choice Properties REIT  CHP_u.TO : BMO resumes coverage with C$13 target price
     * Cominar REIT  CUF_u.TO : BMO resumes coverage with outperform rating and C$14.50 TP 
     * Crew Energy Inc  CR.TO : GMP Research raises target price to C$1.5 from C$1.25
     * Crombie REIT  CRR_u.TO : BMO resumes coverage with market perform rating and C$14 TP
     * CT REIT  CRT_u.TO : BMO resumes coverage with outperform rating and C$16 target price
     * Dream Office REIT  D_u.TO : BMO resumes coverage with market perform rating and C$24 TP
     * First Capital Realty  FCR.TO : BMO resumes coverage with outperform rating and C$23 TP
     * H&R REIT  HR_u.TO : BMO resumes coverage with outperform rating and C$24.50 target price
     * IGM Financial Inc  IGM.TO : CIBC raises target price to C$41 from C$39
     * Interfor Corp  IFP.TO : RBC raises price target to C$21 from C$20
     * Melcor REIT  MR_u.TO : BMO resumes with market perform, C$7.50 target price
     * Morguard REIT  MRT_u.TO : BMO resumes with market perform, C$13 target price
     * Parex Resources Inc  PXT.TO : Eight Capital raises target price to C$32.25 from C$27.25
     * Parex Resources Inc  PXT.TO : GMP Research raises target price to C$28.5 from C$27
     * Plaza Retail REIT  PLZ_u.TO : BMO resumes with market perform, C$4.50 target price
     * Riocan Real Estate Investment Trust  REI_u.TO : BMO resumes with outperform, C$27 TP
     * Russel Metals Inc  RUS.TO : Raymond James cuts to outperform from strong buy
     * Slate Office REIT  SOT_u.TO : BMO resumes with market perform, C$7 target price
     * Smartcentres REIT  SRU_u.TO : BMO resumes with market perform, C$33 target price
     * Stingray Group Inc  RAYa.TO : RBC cuts price target to C$10 from C$11
     * Valener Inc  VNR.TO : BMO raises target price to C$22 from C$21
 

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