Canada Research Roundup: IGM Financial, Pembina Pipeline, Telus

RFA Financial

09/11/2020 08:43

Nov 9 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including IGM Financial, Pembina Pipeline and Telus, on Monday. 
    
    HIGHLIGHTS    
     * IGM Financial Inc  IGM.TO : Canaccord Genuity raises to buy from hold
     * Pembina Pipeline  PPL.TO : National Bank of Canada cuts to sector perform from outperform
     * Telus Corp  T.TO : National Bank of Canada raises to outperform from sector perform
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.     
     * ARC Resources Ltd  ARX.TO : CIBC raises target price to C$10 from C$9
     * Artis Real Estate Investment Trust  AX_u.TO : RBC raises target price to C$12 from C$11.50
     * Artis REIT  AX_u.TO : Canaccord Genuity cuts target price to C$9.50 from C$10.25
     * Autocanada Inc  ACQ.TO : CIBC raises target price to C$22 from C$17
     * Bombardier  BBDb.TO : CIBC cuts target price to C$0.4 from C$0.45
     * Canwel Building Materials Group Ltd  CWX.TO : RBC raises PT to C$8.50 from C$8
     * Chartwell Retirement Residences  CSH_u.TO : National Bank of Canada ups PT to C$13.50 from
 C$12
     * Cominar REIT  CUF_u.TO : RBC raises target price to C$9 from C$8.50
     * Dream Industrial REIT  DIR_u.TO : RBC raises target price to C$13.50 from C$12.50
     * Dream Office REIT  D_u.TO : CIBC cuts target price to C$26.5 from C$28.75
     * Enbridge Inc  ENB.TO : National Bank of Canada cuts target price to C$55 from C$56
     * Enbridge Inc  ENB.TO : RBC cuts target price to C$52 from C$58
     * Hydro One Ltd  H.TO : CIBC raises target price to C$32 from C$31
     * Hydro One Ltd  H.TO : National Bank of Canada raises target price to C$31 from C$29
     * Hydro One Ltd  H.TO : RBC raises target price to C$32 from C$31
     * IGM Financial Inc  IGM.TO : Canaccord Genuity raises to buy from hold
     * IGM Financial Inc  IGM.TO : Canaccord Genuity raises target price to C$36.50 from C$34
     * Jamieson Wellness Inc  JWEL.TO : CIBC raises target price to C$46 from C$42
     * KP Tissue Inc  KPT.TO : CIBC cuts target price to C$13 from C$14
     * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$3.5 from C$3
     * Pembina Pipeline  PPL.TO : National Bank of Canada cuts target price to C$35 from C$39
     * Pembina Pipeline  PPL.TO : National Bank of Canada cuts to sector perform from outperform
     * Premium Brands Holdings Corp  PBH.TO : CIBC raises target price to C$103 from C$100
     * Recipe Unlimited Corp  RECP.TO : CIBC raises target price to C$15 from C$14
     * Stella-Jones Inc  SJ.TO : CIBC raises target price to C$52 from C$50
     * Telus Corp  T.TO : National Bank of Canada raises target price to C$27 from C$25
     * Telus Corp  T.TO : National Bank of Canada raises to outperform from sector perform
     * Toromont Industries Ltd  TIH.TO : Canaccord Genuity raises target to C$96 from C$82
     * True North Commercial REIT  TNT_u.TO : Canaccord Genuity raises to buy from hold
     * Xebec Adsorption XBC.V : National Bank of Canada initiates with outperform rating;PT C$6.50
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))