Canada Research Roundup: Canadian National Railway, Loblaw Companies, Pembina Pipeline

Winpak

27/04/2022 08:30

April 27 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian National Railway, Loblaw Companies and Pembina Pipeline,
on Wednesday. 
    
    HIGHLIGHTS    
     * Canadian National Railway Co  CNR.TO : CIBC cuts target price to C$167 from C$169 
     * Loblaw Companies Ltd  L.TO : National Bank of Canada raises target to C$120 from C$119 
     * Pembina Pipeline Corp  PPL.TO : JP Morgan raises target price to C$51 from C$48 
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 

     * Canadian National Railway Co  CNR.TO : CIBC cuts target price to C$167 from C$169 
     * Converge Technology Solutions  CTS.TO : National Bank of Canada initiates with outperform rating 
     * Converge Technology Solutions  CTS.TO : National Bank of Canada initiates with PT of C$14 
     * First National Financial Corp  FN.TO : National Bank of Canada cuts PT to C$36 from C$39 
     * First National Financial Corp  FN.TO : RBC cuts target price to C$41 from C$43 
     * Loblaw Companies Ltd  L.TO : National Bank of Canada raises target to C$120 from C$119 
     * Pembina Pipeline Corp  PPL.TO : JP Morgan raises target price to C$51 from C$48 
     * Winpak Ltd  WPK.TO : CIBC raises target price to C$46 from C$44 
    

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