Canada Research Roundup: BCE, GFL Environmental, Sun Life Financial

RFA Financial

05/11/2021 07:24

Nov 5 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including BCE, GFL Environmental and Sun Life Financial, on Friday. 
    
    HIGHLIGHTS    
     * BCE Inc  BCE.TO : CIBC raises target price to C$65 from C$64 
     * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan raises target price to C$62 from C$54 
     * Constellation Software Inc  CSU.TO : RBC raises target price to C$2,700 from C$2,300 
     * GFL Environmental Inc  GFL.TO : CIBC raises target price to C$58 from C$53 
     * Sun Life Financial Inc  SLF.TO : CIBC raises target price to C$81 from C$74 
     
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

     * Air Canada  AC.TO : Citigroup raises price target to C$26 from C$25 
     * Akita Drilling Ltd  AKTa.TO : Atb Capital Markets cuts target to C$1.50 from C$1.85 
     * ARC Resources Ltd  ARX.TO : BMO raises target price to C$17 from C$16 
     * ARC Resources Ltd  ARX.TO : Canaccord Genuity raises target price to C$18 from C$17 
     * ARC Resources Ltd  ARX.TO : RBC raises target price to C$17 from C$16 
     * ARC Resources Ltd  ARX.TO : Scotiabank raises target price to C$23 from C$22 
     * Artis REIT  AX_u.TO : Scotiabank raises target price to C$12.75 from C$12.5 
     * Artis REIT  AX_u.TO : TD Securities raises target price to C$13 from C$12 
     * Baytex Energy Corp  BTE.TO : National Bank of Canada raises PT to C$5 from C$4.50 
     * Baytex Energy Corp  BTE.TO : TD Securities raises target price to C$4.5 from C$3.5 
     * BCE Inc  BCE.TO : CIBC raises target price to C$65 from C$64 
     * BCE Inc  BCE.TO : Scotiabank raises target price to C$68 from C$66 
     * BCE Inc  BCE.TO : TD Securities cuts target price to C$67 from C$70 
     * BCE Inc  BCE.TO : TD Securities cuts to hold from buy 
     * BCE Inc  BCE.TO : UBS raises target price to C$63 from C$58 
     * Canadian Natural Resources Ltd  CNQ.TO : BMO raises target price to C$65 from C$59 
     * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan raises target price to C$62 from C$54 
     * Canadian Natural Resources Ltd  CNQ.TO : National Bank of Canada cuts PT to C$69 from C$70 
     * Canadian Natural Resources Ltd  CNQ.TO : TD Securities raises target to C$61 from C$58 
     * Cardinal Energy Ltd (Alberta)  CJ.TO : RBC raises target price to C$5.50 from C$5 
     * Choice Properties REIT  CHP_u.TO : CIBC raises target price to C$15.5 from C$15.25 
     * Choice Properties REIT  CHP_u.TO : National Bank of Canada raises PT to C$15.50 from C$15 
     * Choice Properties REIT  CHP_u.TO : TD Securities raises target to C$16 from C$15.5 
     * Constellation Software Inc  CSU.TO : BMO raises target price to C$2,450 from C$2,300 
     * Constellation Software Inc  CSU.TO : Raymond James raises PT to C$2,200 from C$2,100 
     * Constellation Software Inc  CSU.TO : RBC raises target price to C$2,700 from C$2,300 
     * Crew Energy Inc  CR.TO : National Bank of Canada raises target price to C$4 from C$3.50 
     * Dialogue Health Technologies Inc  CARE.TO : Scotiabank cuts PT to C$13 from C$16.5 
     * Doman Building Materials Group Ltd  DBM.TO : Canaccord Genuity cuts PT to C$7 from C$7.50 
     * Dream Industrial REIT  DIR_u.TO : CIBC raises target price to C$19 from C$18 
     * Dream Industrial REIT  DIR_u.TO : Scotiabank raises target price to C$19 from C$18 
     * Enerflex Ltd  EFX.TO : BMO cuts target price to C$13 from C$14 
     * Enerflex Ltd  EFX.TO : National Bank of Canada cuts target price to C$10.75 from C$12.50 
     * Enerflex Ltd  EFX.TO : National Bank of Canada cuts to sector perform from outperform 
     * Enerplus Corp  ERF.TO : BMO raises target price to C$15 from C$14 
     * Enerplus Corp  ERF.TO : Raymond James raises target price to C$15.50 from C$15 
     * Enerplus Corp  ERF.TO : TD Securities raises target price to C$14 from C$13 
     * First Capital REIT  FCR_u.TO : CIBC raises target price to C$23 from C$22 
     * GFL Environmental Inc  GFL.TO : CIBC raises target price to C$58 from C$53 
     * GFL Environmental Inc  GFL.TO : Stifel raises target price to C$58 from C$54 
     * GFL Environmental Inc  GFL.TO : TD Securities cuts to hold from buy 
     * GFL Environmental Inc  GFL.TO : TD Securities raises target price to C$56 from C$54 
     * Gildan Activewear Inc  GIL.TO : CFRA raises target price by C$4 to C$55 
     * Gildan Activewear Inc  GIL.TO : Desjardins raises target price to C$59 
     * Gildan Activewear Inc  GIL.TO : National Bank of Canada raises target to C$58 from C$57 
     * Goeasy Ltd  GSY.TO : BMO raises target price to C$226 from C$207 
     * Goeasy Ltd  GSY.TO : Raymond James raises target price to C$207 from C$182 
     * Granite REIT  GRT_u.TO : BMO raises target price to C$106 from C$95 
     * Granite REIT  GRT_u.TO : CIBC raises target price to C$109 from C$105 
     * Granite REIT  GRT_u.TO : TD Securities raises target price to C$115 from C$105 
     * Great-West Lifeco Inc  GWO.TO : Scotiabank raises target price to C$42 from C$41 
     * Hudbay Minerals Inc  HBM.TO : Scotiabank cuts target price to C$11 from C$11.5 
     * Ia Financial Corporation Inc  IAG.TO : CIBC raises target price to C$84 from C$82 
     * IGM Financial Inc  IGM.TO : National Bank of Canada raises PT to C$59 from C$58 
     * IGM Financial Inc  IGM.TO : RBC raises target price to C$54 from C$52 
     * IGM Financial Inc  IGM.TO : TD Securities raises target price to C$58 from C$56 
     * Information Services Corp  ISV.TO : RBC cuts target price to C$30 from C$32 
     * Jamieson Wellness Inc  JWEL.TO : Canaccord Genuity raises target to C$46.25 from C$46 
     * Jamieson Wellness Inc  JWEL.TO : Scotiabank raises target price to C$41 from C$40 
     * Killam Apartment REIT  KMP_u.TO : CIBC raises target price to C$25.5 from C$23 
     * Killam Apartment REIT  KMP_u.TO : TD Securities raises target price to C$26 from C$25 
     * Labrador Iron Ore Royalty Corp  LIF.TO : Scotiabank cuts target price to C$40 from C$41 
     * Labrador Iron Ore Royalty Corp  LIF.TO : TD Securities cuts target to C$38 from C$39 
     * Lightspeed Commerce Inc  LSPD.TO : CIBC cuts target price to C$125 from C$190 
     * Lightspeed Commerce Inc  LSPD.TO : JP Morgan cuts target price to C$100 from C$122 
     * Lightspeed Commerce Inc  LSPD.TO : Raymond James cuts target price to C$110 from C$140 
     * Lightspeed Commerce Inc  LSPD.TO : TD Securities cuts target price to C$130 from C$150 
     * Lightspeed Commerce Inc  LSPD.TO : TD Securities raises to action list buy from buy 
     * Manulife Financial Corp  MFC.TO : Cormark Securities cuts target price to C$26 from C$29 
     * Maple Leaf Foods Inc  MFI.TO : BMO raises target price to C$36 from C$27 
     * Maple Leaf Foods Inc  MFI.TO : BMO raises to outperform from market perform 
     * Maple Leaf Foods Inc  MFI.TO : CIBC raises target price to C$44 from C$38 
     * Maple Leaf Foods Inc  MFI.TO : RBC raises target price to C$44 from C$38 
     * Maple Leaf Foods Inc  MFI.TO : Scotiabank raises target price to C$42 from C$36 
     * Martinrea International Inc  MRE.TO : CIBC cuts target price to C$16 from C$19 
     * Martinrea International Inc  MRE.TO : Scotiabank cuts target price to C$16 from C$17.5 
     * Martinrea International Inc  MRE.TO : TD Securities cuts target to C$15.5 from C$16 
     * Paramount Resources Ltd  POU.TO : BMO raises target price to C$30 from C$25 
     * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$30 from C$27 
     * Paramount Resources Ltd  POU.TO : Raymond James raises target price to C$26 from C$25 
     * Paramount Resources Ltd  POU.TO : RBC raises target price to C$25 from C$22 
     * Pembina Pipeline Corp  PPL.TO : Scotiabank raises target price to C$43 from C$42 
     * Pfb Corporation  PFB.TO : Atb Capital Markets cuts target price to C$24.10 from C$33
     * Pfb Corporation  PFB.TO : Atb Capital Markets cuts to sector perform from outperform
     * Premium Brands Holdings Corp  PBH.TO : BMO raises target price to C$156 from C$149 
     * Premium Brands Holdings Corp  PBH.TO : National Bank of Canada ups PT to C$155 from C$148 
     * Premium Brands Holdings Corp  PBH.TO : TD Securities raises PT to C$160 from C$150 
     * Quebecor Inc  QBRb.TO : Scotiabank cuts target price to C$36 from C$37 
     * Quebecor Inc  QBRb.TO : TD Securities cuts target price to C$36 from C$37 
     * Recipe Unlimited Corp  RECP.TO : BMO cuts target price to C$28 from C$31 
     * Russel Metals Inc  RUS.TO : Raymond James raises target price to C$41 from C$37 
     * Saputo Inc  SAP.TO : BMO cuts target price to C$39 from C$42 
     * Saputo Inc  SAP.TO : CIBC cuts target price to C$38 from C$41 
     * Saputo Inc  SAP.TO : National Bank of Canada cuts target price to C$36 from C$39 
     * Saputo Inc  SAP.TO : Scotiabank cuts target price to C$40 from C$42 
     * Slate Office REIT  SOT_u.TO : CIBC raises target price to C$6 from C$5.75 
     * Spin Master Corp  TOY.TO : BMO raises target price to C$50 from C$40 
     * SSR Mining Inc  SSRM.TO : National Bank of Canada cuts target price to C$32 from C$33 
     * Stantec Inc  STN.TO : Atb Capital Markets raises target price to C$72 from C$71 
     * Sun Life Financial Inc  SLF.TO : BMO raises target price to C$79 from C$76 
     * Sun Life Financial Inc  SLF.TO : CIBC raises target price to C$81 from C$74 
     * Sun Life Financial Inc  SLF.TO : Scotiabank raises target price to C$78 from C$77 
     * Sun Life Financial Inc  SLF.TO : Veritas Research cuts to reduce from buy 
     * Superior Plus Corp  SPB.TO : Raymond James cuts target price to C$16.25 from C$17.25 
     * Taseko Mines Ltd  TKO.TO : Scotiabank raises target price to C$2.75 from C$2.6 
     * Tidewater Midstream and Infrastructure  TWM.TO : Atb Capital Markets ups PT to C$1.90 from
 C$1.70 
     * Topaz Energy Corp  TPZ.TO : Raymond James raises target price to C$24.5 from C$24 
     * Toromont Industries Ltd  TIH.TO : Raymond James raises target price to C$120 from C$115 
     * Trisura Group Ltd  TSU.TO : National Bank of Canada raises target price to C$62 from C$60 
     * True North Commercial REIT  TNT_u.TO : Canaccord Genuity raises PT to C$7.50 from C$7.25 
     * True North Commercial REIT  TNT_u.TO : CIBC raises target price to C$7.75 from C$7.25 
     * True North Commercial REIT  TNT_u.TO : Raymond James raises PT to C$7.75 from C$7.50 
     * Western Forest Products Inc  WEF.TO : RBC cuts target price to C$2.75 from C$3 
     * Western Forest Products Inc  WEF.TO : TD Securities cuts PT to C$2.25 from C$2.75 
     * Western Forest Products Inc  WEF.TO : TD Securities cuts to hold from buy 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))