Canada Research Roundup: Alimentation Couche-Tard, Parex Resources, Softchoice

Sierra Metals

02/09/2021 08:22

Sept 2 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Alimentation Couche-Tard, Parex Resources and Softchoice, on
Thursday. 
    
    
  HIGHLIGHTS
     * Alimentation Couche-Tard Inc  ATDb.TO : TD Securities raises PT to C$58 from C$54
     * Parex Resources Inc  PXT.TO : RBC raises to outperform from sector perform
     * Softchoice Corp (Ca)  SFTC.TO : National Bank of Canada starts with sector perform rating 
    
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.  

     * Advantage Energy Ltd  AAV.TO : CIBC raises price target to C$7 from C$6
     * Alimentation Couche-Tard Inc  ATDb.TO : CIBC raises price target to C$59 from C$54
     * Alimentation Couche-Tard Inc  ATDb.TO : TD Securities raises PT to C$58 from C$54
     * Dream Office REIT  D_u.TO : CIBC starts with outperformer rating; price target C$26.50
     * First Quantum Minerals Ltd  FM.TO : Jefferies cuts price target to C$42 from C$50
     * Laurentian Bank of Canada  LB.TO : CIBC raises price target to C$45 from C$43
     * Laurentian Bank of Canada  LB.TO : RBC raises target price to C$52 from C$51
     * Mindbeacon Holdings Inc  MBCN.TO : Credit Suisse cuts target price to C$4 from C$5
     * Nevada Copper Corp  NCU.TO : RBC cuts price target to C$0.25 from C$0.50
     * Parex Resources Inc  PXT.TO : RBC raises to outperform from sector perform
     * Sierra Metals Inc  SMT.TO : Jefferies cuts price target to C$3.30 from C$3.75
     * Slate Office REIT  SOT_u.TO : CIBC starts with neutral rating; price target C$5.75
     * Softchoice Corp (Ca)  SFTC.TO : National Bank of Canada starts with sector perform rating 
     * Softchoice Corp (Ca)  SFTC.TO : National Bank of Canada starts with C$40 target price
 
    

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