Canada Research Roundup: Cascades, Mullen Group, Tervita

TeraGo

03/07/2019 10:45

July 3 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cascades, Mullen Group and Tervita on Wednesday. 
    
  HIGHLIGHTS      
     * Cascades Inc  CAS.TO : National Bank of Canada raises to outperform from sector perform
     * CES Energy Solutions Corp  CEU.TO : RBC initiates with sector perform rating and C$3 PT
     * Mullen Group Ltd  MTL.TO : CIBC raises to outperformer from neutral
     * Secure Energy Services Inc  SES.TO : RBC initiates with outperform rating and C$10 target
     * Tervita Corp  TEV.TO : RBC initiates with sector perform rating and C$9 price target
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
    
     * Cascades Inc  CAS.TO : National Bank of Canada raises target price to C$13 from C$10
     * Cascades Inc  CAS.TO : National Bank of Canada raises to outperform from sector perform
     * Cascades Inc  CAS.TO : TD Securities raises target price to C$13.50 from C$11.50
     * CES Energy Solutions Corp  CEU.TO : RBC initiates with sector perform rating and C$3 PT
     * Dollarama Inc  DOL.TO : BMO raises target price to C$52 from C$50
     * Dollarama Inc  DOL.TO : National Bank of Canada raises target price to C$52 from C$49
     * Dollarama Inc  DOL.TO : RBC raises target price to C$53 from C$51
     * Dollarama Inc  DOL.TO : TD Securities raises target price to C$49 from C$48
     * Enerflex Ltd  EFX.TO : RBC initiates with outperform rating and C$25 price target
     * Ensign Energy Services Inc  ESI.TO : RBC initiates with outperform rating and C$8 PT
     * Mullen Group Ltd  MTL.TO : CIBC raises to outperformer from neutral
     * Secure Energy Services Inc  SES.TO : RBC initiates with outperform rating and C$10 PT
     * Shawcor Ltd  SCL.TO : RBC initiates with sector perform rating and C$21 price target
     * SNC-Lavalin Group Inc  SNC.TO : Raymond James cuts target price to C$32 from C$35
     * Step Energy Services  STEP.TO : RBC initiates with sector perform rating and C$2.75 PT
     * Terago Inc  TGO.TO : TD Securities raises price target to C$12 from C$11.50
     * Tervita Corp  TEV.TO : RBC initiates with sector perform rating and C$9 price target
     * Theratechnologies Inc  TH.TO : RBC cuts target price to C$8 from C$10    
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))