Canada Research Roundup: Baytex Energy, Converge Technology Solutions, IGM Financial

Sleep Country Canada Holdings

30/04/2021 09:02

April 30 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Baytex Energy, Converge Technology Solutions and IGM Financial, on
Friday. 
    
    
  HIGHLIGHTS
    
     * Baytex Energy  BTE.TO : Atb Capital Markets raises to sector perform from underperform
     * Converge Technology Solutions  CTS.TO : Cormark Securities initiates with buy rating 
     * IGM Financial  IGM.TO : National Bank of Canada initiates with outperform rating
    
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock
entries are in alphabetical order. 
     
     * Allied Properties REIT  AP_u.TO : TD Securities raises target price to C$48 from C$47
     * Allied Properties REIT  AP_u.TO : Raymond James raises target price to C$50 from C$48
     * Altagas Ltd  ALA.TO : Atb Capital Markets raises target price to C$25 from C$24
     * Altagas Ltd  ALA.TO : Credit Suisse raises target price to C$27 from C$25
     * Atco Ltd  ACOx.TO : CIBC raises target price to C$48 from C$47
     * Autocanada Inc  ACQ.TO : CIBC raises target price to C$48 from C$41
     * Baytex Energy  BTE.TO : Atb Capital Markets raises to sector perform from underperform
     * Baytex Energy  BTE.TO : Atb Capital Markets raises price target to C$1.75 from C$1.60
     * Baytex Energy  BTE.TO : National Bank of Canada raises target price to C$2 from C$1.75
     * Canadian Utilities Ltd  CU.TO : CIBC raises target price to C$36 from C$35
     * Converge Technology Solutions  CTS.TO : Cormark Securities initiates with buy rating 
     * Converge Technology Solutions  CTS.TO : Cormark Securities initiates with C$9.50 PT
     * Element Fleet Management Corp  EFN.TO : CIBC raises target price to C$16 from C$14
     * Fortuna Silver Mines  FVI.TO : Laurentian Bank Securities cuts PT to C$8.50 from C$10.75
     * IGM Financial  IGM.TO : National Bank of Canada initiates with outperform rating
     * IGM Financial  IGM.TO : National Bank of Canada initiates with target price C$51
     * IGM Financial  IGM.TO : National Bank of Canada initiates with outperform rating and C$51 PT
     * North American Construction Group  NOA.TO : National Bank of Canada raises PT to C$23 
     * Power Corporation of Canada  POW.TO : NBC initiates with sector perform rating; PT C$38
     * Sleep Country Canada Holdings  ZZZ.TO : National Bank of Canada ups PT to C$37 from C$33
     * Think Research Corporation  THNK.V : Cormark Securities cuts PT to C$4.50 from C$5.25
     * Waste Connections  WCN.TO : Atb Capital Markets raises target price to C$155 from C$140
 
    

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