Canada Research Roundup: E Automotive, Imperial Oil, Transalta

STEP Energy Services

12/04/2023 09:19

April 12 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including E Automotive, Imperial Oil and Transalta, on Wednesday. 
    
    HIGHLIGHTS    
    
     * E Automotive Inc  EINC.TO : CIBC cuts to neutral from outperformer
     * Imperial Oil Ltd  IMO.TO : RBC cuts to sector perform from outperform
     * Transalta Corp  TA.TO : Credit Suisse raises to outperform from neutral
        
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order. 
     
     * Chemtrade Logistics Income Fund  CHE_u.TO : CIBC cuts PT to C$11 from C$12
     * Dundee Precious Metals Inc  DPM.TO : CIBC raises target price to C$11.5 from C$10
     * E Automotive Inc  EINC.TO : CIBC cuts to neutral from outperformer
     * E Automotive Inc  EINC.TO : CIBC cuts target price to C$3.5 from C$7
     * Imperial Oil Ltd  IMO.TO : RBC cuts to sector perform from outperform
     * Imperial Oil Ltd  IMO.TO : RBC cuts target price to C$78 from C$82
     * MEG Energy Corp  MEG.TO : RBC cuts to sector perform from outperform
     * MEG Energy Corp  MEG.TO : RBC raises target price to C$25 from C$23
     * Quebecor Inc  QBRb.TO : National Bank of Canada raises PT to C$40 from C$36
     * Step Energy Services Ltd  STEP.TO : Atb Capital Markets cuts PT to C$8 from C$8.5
     * Transalta Corp  TA.TO : Credit Suisse raises to outperform from neutral
     * Transalta Corp  TA.TO : Credit Suisse raises target price to C$17 from C$15
     * Transalta Renewables Inc  RNW.TO : Credit Suisse raises target price to C$14.5 from C$14
 

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