Canada Research Roundup: Bombardier, Royal Bank of Canada, Stella-Jones

Stella-Jones

26/05/2023 08:07

May 26 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bombardier, Royal Bank of Canada and Stella-Jones on Friday. 
    
    HIGHLIGHTS    
    
     * Bombardier  BBDb.TO : Citigroup cuts price target to C$67 from C$71
     * Royal Bank of Canada  RY.TO : Barclays cuts target price to C$122 from C$124
     * Stella-Jones Inc  SJ.TO : RBC raises target price to C$69 from C$67
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock
entries are in alphabetical order. 
     
     * Bombardier  BBDb.TO : Citigroup cuts price target to C$67 from C$71
     * Canadian Imperial Bank of Commerce  CM.TO : National Bank of Canada ups PT to C$64 from C$62
     * Canadian Imperial Bank of Commerce  CM.TO : RBC raises target price to C$72 from C$69
     * Canadian Imperial Bank of Commerce  CM.TO : TD Securities raises PT to C$59 from C$58
     * Ivanhoe Mines Ltd  IVN.TO : Eight Capital initiates coverage with buy rating, PT C$18.50
     * Royal Bank of Canada  RY.TO : Barclays cuts target price to C$122 from C$124
     * Royal Bank of Canada  RY.TO : CIBC cuts target price to C$139 from C$142
     * Royal Bank of Canada  RY.TO : National Bank of Canada cuts PT to C$136 from C$142
     * Stella-Jones Inc  SJ.TO : RBC raises target price to C$69 from C$67
     * Toronto-Dominion Bank  TD.TO : CIBC cuts target price to C$94 from C$97
     * Toronto-Dominion Bank  TD.TO : National Bank of Canada cuts PT to C$90 from C$94
     * Toronto-Dominion Bank  TD.TO : RBC raises target price to C$96 from C$95
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))