Canada Research Roundup: CCL Industries, Parex Resources, WSP Global

Winpak

14/10/2022 08:41

Oct 14 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including CCL Industries, Parex Resources and WSP Global, on Friday.
    HIGHLIGHTS    
     * Aritzia Inc  ATZ.TO : CIBC raises target price to C$60 from C$59
     * CCL Industries Inc  CCLb.TO : CIBC cuts target price to C$73 from C$74
     * Parex Resources Inc  PXT.TO : RBC cuts target price to C$36 from C$38
     * WSP Global Inc  WSP.TO : Atb Capital Markets cuts target price to C$172 from C$175
 Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     * Acadian Timber Corp  ADN.TO : CIBC cuts target price to C$17 from C$18
     * Aecon Group Inc  ARE.TO : CIBC cuts target price to C$11.5 from C$14
     * Aritzia Inc  ATZ.TO : CIBC raises target price to C$60 from C$59
     * Barrick Gold Corp  ABX.TO : National Bank of Canada cuts target price to C$25 from C$26
     * Bird Construction Inc  BDT.TO : CIBC cuts target price to C$6.75 from C$9
     * CCL Industries Inc  CCLb.TO : CIBC cuts target price to C$73 from C$74
     * Hardwoods Distribution Inc  HDI.TO : CIBC cuts target price to C$37 from C$46
     * KP Tissue Inc  KPT.TO : CIBC cuts target price to C$10.5 from C$11
     * New Gold Inc  NGD.TO : National Bank of Canada raises target price to C$1.6 from C$1.5
     * Parex Resources Inc  PXT.TO : RBC cuts target price to C$36 from C$38
     * Winpak Ltd  WPK.TO : CIBC raises target price to C$52 from C$51
     * WSP Global Inc  WSP.TO : Atb Capital Markets cuts target price to C$172 from C$175
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))