Canada Research Roundup: Constellation Software, Paramount Resources, Spin Master

RioCan Real Estate Investment Trust

06/05/2021 09:25

May 6 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Constellation Software, Paramount Resources and Spin Master, on Thursday. 
    
    
  HIGHLIGHTS
     * Constellation Software Inc  CSU.TO : CIBC raises target price to C$2000 from C$1760
     * Paramount Resources Ltd  POU.TO : CIBC raises to neutral from underperformer
     * Spin Master Corp  TOY.TO : National Bank of Canada raises target price to C$53 from C$49
 Following is a summary of research actions on Canadian companies reported by Reuters on Thursday.
Stock entries are in alphabetical order. 
     
     * Acadian Timber Corp  ADN.TO : RBC raises target price to C$18 from C$17
     * Constellation Software Inc  CSU.TO : CIBC raises target price to C$2000 from C$1760
     * Constellation Software Inc  CSU.TO : RBC raises target price to C$2,100 from C$2,000
     * Dream Industrial REIT  DIR_u.TO : CIBC raises target price to C$15 from C$14.5
     * European Residential REIT  ERE_u.TO : CIBC cuts target price to C$5.25 from C$5.5
     * First Capital REIT  FCR_u.TO : CIBC raises target price to C$20 from C$18.5
     * Kinaxis Inc  KXS.TO : TD Securities raises price target to C$175 from C$165
     * Loblaw Companies Ltd  L.TO : Atb Capital Markets raises target price to C$85 from C$83
     * Loblaw Companies Ltd  L.TO : CIBC raises target price to C$87 from C$78
     * Loblaw Companies Ltd  L.TO : National Bank of Canada ups target price to C$77 from C$76
     * Loblaw Companies Ltd  L.TO : RBC raises target price to C$96 from C$94
     * Manulife Financial Corp  MFC.TO : Evercore ISI ups target price to C$31.50 from C$30.50
     * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$15 from C$11.5
     * Paramount Resources Ltd  POU.TO : CIBC raises to neutral from underperformer
     * Paramount Resources Ltd  POU.TO : RBC raises target price to C$15 from C$13
     * Parex Resources  PXT.TO : National Bank of Canada cuts target price to C$31 from C$34
     * Riocan REIT  REI_u.TO : RBC raises target price to C$23 from C$21
     * Russel Metals Inc  RUS.TO : RBC raises target price C$37 from C$31
     * Spin Master Corp  TOY.TO : National Bank of Canada raises target price to C$53 from C$49
     * Stelco Holdings  STLC.TO : National Bank of Canada raises price target to C$45 from C$36
     * Tilray Inc  TLRY.TO : CIBC raises target price to C$25 from C$23
     * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$106 from C$100
     * Toromont Industries Ltd  TIH.TO : National Bank of Canada raises PT to C$108 from C$107
     * Toromont Industries Ltd  TIH.TO : RBC raises target price to C$117 from C$105
     * Tourmaline Oil Corp  TOU.TO : RBC raises target price to C$36 from C$33
     * Trisura Group Ltd  TSU.TO : CIBC raises target price to C$180 from C$140
     * Trisura Group Ltd  TSU.TO : National Bank of Canada raises PT to C$218 from C$205
     * True North Commercial REIT  TNT_u.TO : CIBC raises target price to C$7.25 from C$6.75
    

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