Canada Research Roundup: Gibson Energy, Laurentian Bank of Canada, Russel Metals

Theratechnologies

13/07/2023 08:42

July 13 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Gibson Energy, Laurentian Bank of Canada and Russel
Metals, on Thursday. 

    HIGHLIGHTS       
                 * Gibson Energy Inc  GEI.TO : Atb Capital Markets raises to outperform from
 sector perform 
 
                 * Laurentian Bank of Canada  LB.TO : CIBC raises to outperformer from neutral
 
                 * Russel Metals Inc  RUS.TO : RBC raises target price to C$40 from C$37 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.

                 * Air Canada  AC.TO : CIBC raises target price to C$33 from C$32 
 
                 * Boralex Inc  BLX.TO : National Bank of Canada cuts target price to C$44 from C$46 
 
                 * Canadian National Railway Co  CNR.TO : Atb Capital cuts target price to C$175 from
 C$180 
 
                 * Canadian National Railway Co  CNR.TO : CIBC cuts target price to C$177 from C$183 
 
                 * Cargojet Inc  CJT.TO : CIBC cuts target price to C$164 from C$180 
 
                 * Cathedral Energy Services Ltd  CET.TO : Atb Capital Markets ups PT to C$1.4 from C$1.3 
 
                 * Gibson Energy Inc  GEI.TO : Atb Capital Markets raises target price to C$27 from C$25 
 
                 * Gibson Energy Inc  GEI.TO : Atb Capital Markets raises to outperform from sector
 perform 
 
                 * Innergex Renewable Energy  INE.TO : National Bank of Canada cuts PT to C$19 from C$20 
 
                 * Laurentian Bank of Canada  LB.TO : CIBC raises to outperformer from neutral
 
                 * Laurentian Bank of Canada  LB.TO : CIBC raises target price to C$60 from C$37 
 
                 * Laurentian Bank of Canada  LB.TO : Credit Suisse raises target price to C$44 from C$33 
 
                 * Laurentian Bank of Canada  LB.TO : Credit Suisse raises to neutral from underperform 
 
                 * Neighbourly Pharmacy Inc  NBLY.TO : RBC cuts target price to C$28 from C$34 
 
                 * Russel Metals Inc  RUS.TO : RBC raises target price to C$40 from C$37 
 
                 * Stelco Holdings Inc  STLC.TO : RBC cuts target price to C$47 from C$48 
 
                 * Theratechnologies Inc  TH.TO : National Bank of Canada cuts target to C$1.75 from
 C$2.25 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))