Canada Research Roundup: ECN Capital, Equitable Group, Intact Financial

Wajax

22/07/2019 09:02

July 22 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including ECN Capital, Equitable Group and Intact Financial on Monday. 
    
    HIGHLIGHTS      
     * ECN Capital Corp  ECN.TO : RBC cuts to sector perform from outperform
     * Equitable Group Inc  EQB.TO : RBC raises to outperform from sector perform
     * Intact Financial Corp  IFC.TO : RBC cuts to sector perform from outperform 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * CCL Industries Inc  CCLb.TO : CIBC raises price target to C$70 from C$64
     * ECN Capital Corp  ECN.TO : RBC cuts to sector perform from outperform
     * Equitable Group Inc  EQB.TO : RBC raises to outperform from sector perform
     * Equitable Group Inc  EQB.TO : RBC raises price target to C$96 from C$84
     * First National Financial Corp  FN.TO : RBC raises to sector perform from underperform
     * First National Financial Corp  FN.TO : RBC raises price target to C$32 from C$31
     * Genworth MI Canada Inc  MIC.TO : CIBC raises price target to C$46 from C$45
     * Home Capital Group Inc  HCG.TO : RBC raises target price to C$25 from C$20
     * Intact Financial Corp  IFC.TO : RBC cuts to sector perform from outperform 
     * Intact Financial Corp  IFC.TO : RBC raises price target to C$135 from C$122
     * Power Financial Corp  PWF.TO : RBC cuts target price to C$35 from C$36
     * Pure Multi-Family REIT LP  RUFu.TO : CIBC cuts to neutral from outperformer
     * Pure Multi-Family REIT LP  RUFu.TO : CIBC cuts price target to $7.61 from $7.70
     * Rocky Mountain Dealerships Inc  RME.TO : RBC cuts price target to C$9 from C$10
     * Sprott Inc  SII.TO : RBC raises target price to C$3 from C$2.50
     * Toromont Industries Ltd  TIH.TO : RBC cuts price target to C$64 from C$65
     * Tricon Capital Group Inc  TCN.TO : RBC cuts target price to C$13 from C$14
     * Wajax Corp  WJX.TO : RBC cuts price target to C$22 from C$24
     * West Fraser Timber Co Ltd  WFT.TO : RBC cuts price target to C$75 from C$77
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))