Canada Research Roundup: Canadian Natural Resources, Enghouse Systems, Suncor Energy

Transcontinental

09/06/2022 08:18

June 9 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Natural Resources, Enghouse Systems and Suncor Energy on
Thursday. 
        
  HIGHLIGHTS               
     * Canadian Natural Resources Ltd  CNQ.TO : CIBC raises target price to C$95 from C$90
     * Enghouse Systems Ltd  ENGH.TO : CIBC cuts to neutral from outperformer
     * Suncor Energy Inc  SU.TO : CIBC raises target price to C$65 from C$60
            
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.     
    
     * Canadian Natural Resources Ltd  CNQ.TO : CIBC raises target price to C$95 from C$90
     * Cenovus Energy Inc  CVE.TO : CIBC raises target price to C$34 from C$30
     * Dollarama Inc  DOL.TO : CIBC raises target price to C$76 from C$74
     * Dollarama Inc  DOL.TO : National Bank of Canada raises target price to C$77 from C$75
     * Dollarama Inc  DOL.TO : RBC raises target price to C$81 from C$79
     * Dollarama Inc  DOL.TO : Scotiabank raises target price to C$81 from C$79
     * Dollarama Inc  DOL.TO : TD Securities raises target price to C$82 from C$80
     * Enghouse Systems Ltd  ENGH.TO : CIBC cuts to neutral from outperformer
     * Enghouse Systems Ltd  ENGH.TO : CIBC cuts target price to C$33.50 from C$47
     * Enghouse Systems Ltd  ENGH.TO : TD Securities cuts target price to C$35 from C$50
     * Imperial Oil Ltd  IMO.TO : CIBC raises target price to C$74 from C$70
     * MEG Energy Corp  MEG.TO : CIBC raises target price to C$26 from C$23
     * North West Company Inc  NWC.TO : CIBC cuts target price to C$39 from C$41
     * Stingray Group Inc  RAYa.TO : CIBC cuts target price to C$8.50 from C$9.50
     * Stingray Group Inc  RAYa.TO : National Bank of Canada cuts PT to C$7.50 from C$8.50
     * Suncor Energy Inc  SU.TO : CIBC raises target price to C$65 from C$60
     * Transcontinental Inc  TCLa.TO : Scotiabank cuts target price to C$21 from C$23.50
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))