Canada Research Roundup: Fairfax Financial, TCP Energy, TMX Group

Sierra Metals

25/07/2023 08:35

July 25 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Bank of Fairfax Financial Holdings, TCP Energy and TMX
Group, on Tuesday. 
    
    HIGHLIGHTS    
   
                 * Fairfax Financial Holdings Ltd  FFH.TO : CIBC raises target price to C$1300
 from C$1200 
 
                 * TCP Energy Corp  TRP.TO : CIBC cuts to neutral from outperformer 
 
                 * TMX Group Ltd  X.TO : RBC cuts to sector perform from outperform 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
          
                 * CI Financial Corp  CIX.TO : CIBC raises target price to C$18 from C$13.5 
 
                 * ECN Capital Corp  ECN.TO : CIBC cuts target price to C$3 from C$3.5 
 
                 * Fairfax Financial Holdings Ltd  FFH.TO : CIBC raises target price to C$1300 from C$1200 
 
                 * Fiera Capital Corp  FSZ.TO : CIBC cuts target price to C$7 from C$7.25 
 
                 * Finning International Inc  FTT.TO : RBC raises target price to C$51 from C$44 
 
                 * Goeasy Ltd  GSY.TO : CIBC raises target price to C$150 from C$130 
 
                 * Jamieson Wellness Inc  JWEL.TO : Canaccord Genuity cuts target price to C$41.25 from C$42 
 
                 * Onex Corp  ONEX.TO : CIBC raises target price to C$100 from C$88 
 
                 * Power Corporation of Canada  POW.TO : CIBC raises target price to C$39 from C$37 
 
                 * Propel Holdings Inc  PRL.TO : Canaccord Genuity raises target price to C$11.25 from C$11 
 
                 * Sierra Metals Inc  SMT.TO : CIBC cuts target price to C$0.5 from C$1.25 
 
                 * TCP Energy Corp  TRP.TO : CIBC cuts target price to C$60 from C$62 
 
                 * TCP Energy Corp  TRP.TO : CIBC cuts to neutral from outperformer 
 
                 * TCP Energy Corp  TRP.TO : JP Morgan cuts target price to C$61 from C$62 
 
                 * TCP Energy Corp  TRP.TO : National Bank of Canada cuts target price to C$53 from C$54 
 
                 * TMX Group Ltd  X.TO : CIBC raises target price to C$34 from C$30 
 
                 * TMX Group Ltd  X.TO : RBC cuts to sector perform from outperform 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))