Canada Research Roundup: Birchcliff Energy, Boardwalk REIT, Pure Multi-Family REIT

STEP Energy Services

04/04/2018 12:50

April 4 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Birchcliff Energy, Boardwalk REIT and Pure Multi-Family REIT, on
Wednesday. 
    
    HIGHLIGHTS    
 
     * Pure Multi-Family REIT LP  RUFu.V : Canaccord Genuity cuts to hold from buy
     * Boardwalk REIT  BEI_u.TO : BMO raises to market perform from underperform
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
     

     * Bellatrix Exploration Ltd  BXE.TO : Raymond James cuts target to C$1.25 from C$1.50‍​
     * Birchcliff Energy Ltd  BIR.TO : BMO raises price target to C$4 from C$3.50‍​
     * Birchcliff Energy Ltd  BIR.TO : Eight Capital raises price target to C$5.35 from C$5‍​
     * Birchcliff Energy Ltd  BIR.TO : Raymond James raises price target to C$6.25 from C$5.25‍​
     * Boardwalk REIT  BEI_u.TO : BMO raises to market perform from underperform
     * Boardwalk REIT  BEI_u.TO : BMO raises price target to C$45 from C$37.75‍​
     * Capreit  CAR_u.TO : BMO raises price target to C$41 from C$39‍​
     * Corus Entertainment Inc  CJRb.TO : RBC cuts target price to C$8 from C$10‍​
     * Imperial Metals Corp  III.TO : Paradigm Capital cuts target price to C$3.10 from C$3.30‍​
     * Kew Media Group Inc  KEW.TO : TD Securities cuts price targe to C$11 from C$13.50‍​
     * Pure Multi-Family REIT LP  RUFu.V : Canaccord Genuity cuts to hold from buy
     * Pure Multi-Family REIT LP  RUFu.V : Canaccord Genuity raises target to $7.50 from $7.25
     * Saputo Inc  SAP.TO : Desjardins cuts target price to C$48; rating buy‍​
     * Step Energy Services Ltd  STEP.TO : CIBC raises price target to C$24 from C$22
     * Teranga Gold Corp  TGZ.TO : RBC raises target price to C$6.50 from C$4.50‍​
     * Urthecast Corp  UR.TO : Raymond James cuts price target to C$0.30 from C$1.10‍​
 

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