Canada Research Roundup: Algonquin Power & Utilities, Kiwetinohk Energy, MEG Energy

Sierra Metals

04/05/2022 08:44

May 4 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Algonquin Power & Utilities, Kiwetinohk Energy and MEG Energy on Wednesday.
    
    HIGHLIGHTS    
     * Algonquin Power & Utilities  AQN.TO : National Bank of Canada cuts to sector perform from outperform
     * Kiwetinohk Energy Corp  KEC.TO : National Bank of Canada initiates with outperform rating 
     * MEG Energy Corp  MEG.TO : RBC raises target price to C$22 from C$21
        
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock
entries are in alphabetical order. 
     
     * Algonquin Power & Utilities  AQN.TO : National Bank of Canada cuts to sector perform from outperform
     * Calfrac Well Services Ltd  CFW.TO : Atb Capital Markets raises PT to C$7 from C$6
     * European Residential REIT  ERE_u.TO : CIBC raises target price to C$6 from C$5.75
     * Kiwetinohk Energy Corp  KEC.TO : National Bank of Canada initiates with outperform rating 
     * Kiwetinohk Energy Corp  KEC.TO : National Bank of Canada initiates with C$18 target price
     * Lifeworks Inc  LWRK.TO : CIBC cuts target price to C$23 from C$24
     * Lifeworks Inc  LWRK.TO : National Bank of Canada cuts target price to C$24 from C$26
     * MEG Energy Corp  MEG.TO : RBC raises target price to C$22 from C$21
     * Sierra Metals Inc  SMT.TO : CIBC cuts target price to C$1.75 from C$1.9
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))