Canada Research Roundup: Air Canada, Ritchie Bros Auctioneers, Toromont Industries

TFI International

13/07/2022 08:24

July 13 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Air Canada, Ritchie Bros Auctioneers and Toromont Industries, on Wednesday. 
    
    HIGHLIGHTS    
    
     * Air Canada  AC.TO : Atb Capital Markets cuts target price to C$30 from C$35
     * Ritchie Bros Auctioneers  RBA.TO : National Bank of Canada cuts to underperform from sector perform
     * Toromont Industries  TIH.TO : National Bank of Canada cuts to sector perform from outperform
        
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock
entries are in alphabetical order. 
     * Advantage Energy Ltd  AAV.TO : CIBC cuts target price to C$12 from C$14
     * Air Canada  AC.TO : Atb Capital Markets cuts target price to C$30 from C$35
     * Canadian Natural Resources Ltd  CNQ.TO : JP Morgan cuts target price to C$92 from C$94
     * Ritchie Bros Auctioneers  RBA.TO : National Bank of Canada cuts to underperform from sector perform
     * Rogers Communications Inc  RCIb.TO : National Bank of Canada cuts PT to C$80 from C$83
     * TFI International Inc  TFII.TO : National Bank of Canada cuts PT to C$140 from C$146
     * Tidewater Midstream and Infrastructure  TWM.TO : Stifel FirstEnergy ups PT to C$2.25 from C$2.15
     * Toromont Industries  TIH.TO : National Bank of Canada cuts to sector perform from outperform
     * Toromont Industries  TIH.TO : National Bank of Canada cuts target price to C$109 from C$127
   

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