Canada Research Roundup: Autocanada, Saputo, Stingray Group

Stingray

05/06/2020 10:39

June 5 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Autocanada, Saputo and Stingray Group, on Friday. 
    
    HIGHLIGHTS    
     * Autocanada Inc  ACQ.TO : CIBC raises price target to C$9 from C$5
     * Saputo Inc  SAP.TO : CIBC cuts price target to C$38 from C$40
     * Stingray Group Inc  RAYa.TO : CIBC cuts price target to C$7 from C$8
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     * Autocanada Inc  ACQ.TO : CIBC raises price target to C$9 from C$5
     * Autocanada Inc  ACQ.TO : National Bank of Canada raises target price to C$6.50 from C$6
     * Autocanada Inc  ACQ.TO : Scotiabank raises target price to C$13 from C$10.50
     * Saputo Inc  SAP.TO : CIBC cuts price target to C$38 from C$40
     * Saputo Inc  SAP.TO : National Bank of Canada cuts target price to C$39 from C$40
     * Stingray Group Inc  RAYa.TO : CIBC cuts price target to C$7 from C$8
   

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