Canada Research Roundup: Cargojet, Loblaw Companies, Rogers Communications

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28/07/2022 08:26

July 28 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cargojet, Loblaw Companies and Rogers Communications, on Thursday.
    
    
  HIGHLIGHTS
     * Cargojet Inc  CJT.TO : CIBC raises target price to C$210 from C$207
     * Loblaw Companies Ltd  L.TO : CIBC raises target price to C$136 from C$129
     * Rogers Communications Inc  RCIb.TO : TD Securities raises target price to C$80 from C$78
     * Secure Energy Services Inc  SES.TO : TD Securities raises target price to C$8.50 from C$8
     * Teck Resources Ltd  TECKb.TO : National Bank of Canada cuts PT to C$52.50 from C$55
    
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     
     * Baytex Energy Corp  BTE.TO : Stifel FirstEnergy cuts target price to C$8.75 from C$9
     * Canadian Tire Corporation Ltd  CTCa.TO : CIBC cuts target price to C$216 from C$222
     * Cargojet Inc  CJT.TO : Atb Capital Markets cuts target price to C$200 from C$230
     * Cargojet Inc  CJT.TO : CIBC raises target price to C$210 from C$207
     * Crescent Point Energy  CPG.TO : National Bank of Canada cuts PT to C$20 from C$21
     * First Quantum Minerals Ltd  FM.TO : Scotiabank cuts target price to C$33 from C$35
     * Innergex Renewable Energy  INE.TO : National Bank of Canada raises PT to C$24 from C$23
     * Loblaw Companies Ltd  L.TO : CIBC raises target price to C$136 from C$129
     * Loblaw Companies Ltd  L.TO : Desjardins raises target price to C$124 from C$116
     * Loblaw Companies Ltd  L.TO : National Bank of Canada raises PT to C$127 from C$125
     * Melcor REIT  MR_u.TO : CIBC cuts target price to C$6.75 from C$7.25
     * Morguard North American Residential REIT  MRG_u.TO : TD Securities ups PT to C$22 from C$21
     * Precision Drilling  PD.TO : Stifel FirstEnergy raises target price to C$150 from C$145
     * Rogers Communications Inc  RCIb.TO : National Bank of Canada cuts PT to C$78 from C$80
     * Rogers Communications Inc  RCIb.TO : TD Securities raises target price to C$80 from C$78
     * Secure Energy Services Inc  SES.TO : Stifel FirstEnergy raises PT to C$10 from C$9.75
     * Secure Energy Services Inc  SES.TO : TD Securities raises target price to C$8.50 from C$8
     * Teck Resources Ltd  TECKb.TO : National Bank of Canada cuts PT to C$52.50 from C$55
     * Tidewater Midstream and Infrastructure  TWM.TO : Stifel FirstEnergy cuts PT to C$2.1 from C$2.25
     * Trican Well Service  TCW.TO : Atb Capital Markets raises target price to C$5.50 from C$5
    

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