Canada Research Roundup: Canadian National Railway, Eldorado Gold, Yerbae Brands

Victoria Gold

08/06/2023 16:17

June 8 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Canadian National Railway, Eldorado Gold and Yerbae Brands
on Thursday. 

    HIGHLIGHTS   
     * Canadian National Railway Co  CNR.TO : Veritas Research raises to buy rating 
                 * Dollarama Inc  DOL.TO : Stifel GMP raises target price to C$96 from C$94 
 
     * Eldorado Gold  ELD.TO : National Bank of Canada resumes coverage with outperform rating 
     * Victoria Gold Corp  VGCX.TO : H.C. Wainwright maintains coverage with buy rating 
     * Yerbae Brands Corp  YERBu.V : Roth MKM initiates coverage with buy rating
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     * Canadian National Railway Co  CNR.TO : Veritas Research raises to buy rating 
                 * Canadian Pacific Kansas City  CP.TO : BMO cuts target price to C$128 from C$130 
 
     * Dollarama Inc  DOL.TO : Canaccord Genuity raises target price to C$85 from C$82 
     * Dollarama Inc  DOL.TO : National Bank of Canada raises target price to C$95 from C$93 
     * Dollarama Inc  DOL.TO : RBC raises target price to C$101 from C$98 
                 * Dollarama Inc  DOL.TO : Stifel GMP raises target price to C$96 from C$94 
 
     * Eldorado Gold  ELD.TO : National Bank of Canada resumes coverage with C$17 target price 
     * Eldorado Gold  ELD.TO : National Bank of Canada resumes coverage with outperform rating 
     * Lundin Gold Inc  LUG.TO : CIBC raises target price to C$21 from C$20 
     * North West Company Inc  NWC.TO : BMO cuts target price to C$39 from C$41 
     * North West Company Inc  NWC.TO : TD Securities cuts target price to C$39 from C$41 
     * Stingray Group Inc  RAYa.TO : BMO cuts target price to C$7 from C$8 
     * Stingray Group Inc  RAYa.TO : Canaccord Genuity raises target price to C$8.50 from C$8 
     * Toronto-Dominion Bank  TD.TO : Credit Suisse raises target price to C$88 from C$85 
     * Toronto-Dominion Bank  TD.TO : Credit Suisse raises to outperform from neutral
     * Transcontinental Inc  TCLa.TO : RBC raises target price to C$20 from C$19 
     * Victoria Gold Corp  VGCX.TO : H.C. Wainwright maintains coverage with buy rating 
                 * Victoria Gold Corp  VGCX.TO : H.C. Wainwright cuts target price to C$20 from C$21 
 
     * Yerbae Brands Corp  YERBu.V : Roth MKM initiates coverage with buy rating
     * Yerbae Brands Corp  YERBu.V : Roth MKM initiates coverage with target price $2.75 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))