Canada Research Roundup: Acadian Timber, Roots, Stella-Jones

West Fraser Timber Co

11/04/2024 08:51

April 11 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies including Acadian Timber, Roots and Stella-Jones, on Thursday.
    
    HIGHLIGHTS       
                 * Acadian Timber Corp  ADN.TO : CIBC raises to outperformer
 from neutral
 
                 * Roots Corp  ROOT.TO : TD Cowen raises to buy from hold
 
                 * Stella-Jones Inc  SJ.TO : CIBC raises target price to C$86
 from C$85
 
        Following is a summary of research actions on Canadian companies reported by Reuters
on Thursday. Stock entries are in alphabetical order.     
    
                 * Acadian Timber Corp  ADN.TO : CIBC raises target price to C$20 from C$17
 
                 * Acadian Timber Corp  ADN.TO : CIBC raises to outperformer from neutral
 
                 * Adentra Inc  ADEN.TO : CIBC raises target price to C$52 from C$45
 
                 * Canfor Corp  CFP.TO : CIBC cuts target price to C$22 from C$23
 
                 * Cascades Inc  CAS.TO : CIBC cuts target price to C$12 from C$14
 
                 * Cascades Inc  CAS.TO : National Bank of Canada cuts target price to C$11
 from C$13.50
 
                 * CCL Industries Inc  CCLb.TO : CIBC raises target price to C$83 from C$82
 
                 * Interfor Corp  IFP.TO : CIBC cuts target price to C$24 from C$25
 
                 * North West Company Inc  NWC.TO : RBC raises target price to C$40 from C$38
 
                 * Roots Corp  ROOT.TO : TD Cowen raises to buy from hold
 
                 * Stella-Jones Inc  SJ.TO : CIBC raises target price to C$86 from C$85
 
                 * West Fraser Timber Co Ltd  WFG.TO : CIBC raises target price to C$140 from
 C$131
 
    
  

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))