Canada Research Roundup: Canadian Tire Corp, Imperial Oil, Toromont Industries

Toromont Industries

01/11/2023 07:20

Nov 1 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Tire Corporation, Imperial Oil and Toromont Industries,
on Wednesday. 
    
    HIGHLIGHTS   
        
     * Canadian Tire Corporation Ltd  CTCa.TO : RBC cuts target price to C$205 from C$208
     * Imperial Oil Ltd  IMO.TO : TD Securities cuts target price to C$93 from C$95
     * Toromont Industries Ltd  TIH.TO : RBC cuts target price to C$125 from C$131
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * Air Canada  AC.TO : JP Morgan raises target price to C$42 from C$37
     * Cameco Corp  CCO.TO : Eight Capital raises target price to C$65 from C$60
     * Canadian Tire Corporation Ltd  CTCa.TO : RBC cuts target price to C$205 from C$208
     * Canopy Growth Corp  WEED.TO : CIBC raises target price to C$0.50 from C$0.45
     * Exchange Income Corp  EIF.TO : TD Securities cuts target price to C$65 from C$66
     * First National Financial Corp  FN.TO : RBC raises target price to C$42 from C$40
     * First Quantum Minerals Ltd  FM.TO : CIBC cuts target price to C$24.5 from C$34
     * Imperial Oil Ltd  IMO.TO : TD Securities cuts target price to C$93 from C$95
     * International Petroleum Corp  IPCO.TO : Stifel raises target price to C$18 from C$15
     * Strathcona Resources  SCR.TO : TD Securities initiates with hold rating; target C$34
     * TMX Group Ltd  X.TO : CIBC cuts target price to C$32 from C$34
     * Toromont Industries Ltd  TIH.TO : RBC cuts target price to C$125 from C$131
     * WSP Global Inc  WSP.TO : Atb Capital Markets raises target price to C$200 from C$195
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))