Canada Research Roundup: Information Services, Teck Resources, Turquoise Hill Resources

Winpak

10/01/2022 07:42

Jan 10 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Information Services, Teck Resources and Turquoise Hill Resources,
on Monday. 
    
    HIGHLIGHTS    
     * Information Services Corp  ISV.TO : CIBC cuts to neutral from outperformer 
     * Teck Resources Ltd  TECKb.TO : Canaccord Genuity raises to buy from hold 
     * Turquoise Hill Resources Ltd  TRQ.TO : Canaccord Genuity raises to hold from sell 
     * West Fraser Timber Co Ltd  WFG.TO : CIBC raises to outperformer from neutral 
          
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Arizona Sonoran Copper Company Inc  ASCU.TO : Canaccord Genuity ups PT to C$3 from C$2.75 
     * Automotive Properties REIT  APR_u.TO : National Bank of Canada ups PT to C$15.50 from C$14 
     * Canfor Corp  CFP.TO : CIBC raises target price to C$44 from C$36 
     * Canfor Pulp Products Inc  CFX.TO : CIBC cuts target price to C$7 from C$8 
     * Capstone Mining Corp  CS.TO : Canaccord Genuity cuts target price to C$8.5 from C$9 
     * Cascades Inc  CAS.TO : CIBC cuts target price to C$15 from C$17 
     * Conifex Timber Inc  CFF.TO : CIBC raises target price to C$2.75 from C$2.5 
     * Constellation Software Inc  CSU.TO : CIBC raises target price to C$2900 from C$2400 
     * Docebo Inc  DCBO.TO : CIBC cuts target price to C$102 from C$125 
     * Doman Building Materials Group Ltd  DBM.TO : CIBC raises target price to C$10 from C$9 
     * Enghouse Systems Ltd  ENGH.TO : CIBC cuts target price to C$58 from C$69 
     * Ero Copper Corp  ERO.TO : Canaccord Genuity cuts target price to C$25 from C$28 
     * Filo Mining Corp  FIL.TO : Canaccord Genuity raises target price to C$17 from C$15 
     * First Quantum Minerals Ltd  FM.TO : Canaccord Genuity raises target to C$37 from C$35 
     * Freshlocal Solutions Inc  LOCL.TO : Desjardins cuts target price to C$3.25 from C$5 
     * Hardwoods Distribution Inc  HDI.TO : CIBC raises target price to C$60 from C$59 
     * Hudbay Minerals Inc  HBM.TO : Canaccord Genuity cuts target price to C$12 from C$13 
     * Information Services Corp  ISV.TO : CIBC cuts target price to C$30 from C$35.5 
     * Information Services Corp  ISV.TO : CIBC cuts to neutral from outperformer 
     * Interfor Corp  IFP.TO : CIBC raises target price to C$46 from C$36 
     * Intertape Polymer Group Inc  ITP.TO : CIBC cuts target price to C$36 from C$38 
     * Ivanhoe Mines Ltd  IVN.TO : Canaccord Genuity raises target price to C$14 from C$13.5 
     * Lifeworks Inc  LWRK.TO : CIBC cuts target price to C$36.5 from C$38 
     * Lundin Mining Corp  LUN.TO : Canaccord Genuity raises target price to C$11 from C$10 
     * Pason Systems Inc  PSI.TO : National Bank of Canada raises target to C$14.50 from C$12.25 
     * Q4 Inc  QFOR.TO : CIBC cuts target price to C$14.5 from C$17 
     * Richelieu Hardware Ltd  RCH.TO : CIBC raises target price to C$49 from C$48 
     * Softchoice Corp (Ca)  SFTC.TO : CIBC cuts target price to C$37.5 from C$40 
     * Teck Resources Ltd  TECKb.TO : Canaccord Genuity raises target price to C$48 from C$36 
     * Teck Resources Ltd  TECKb.TO : Canaccord Genuity raises to buy from hold 
     * Titan Mining Corp  TI.TO : Canaccord Genuity cuts target price to C$0.65 from C$0.7 
     * Trevali Mining Corp  TV.TO : Canaccord Genuity raises target price to C$1.75 from C$0.20 
     * Trisura Group Ltd  TSU.TO : CIBC raises target price to C$61 from C$58 
     * Turquoise Hill Resources Ltd  TRQ.TO : Canaccord Genuity raises PT to C$21 from C$12.5 
     * Turquoise Hill Resources Ltd  TRQ.TO : Canaccord Genuity raises to hold from sell 
     * West Fraser Timber Co Ltd  WFG.TO : CIBC raises target price to C$150 from C$120 
     * West Fraser Timber Co Ltd  WFG.TO : CIBC raises to outperformer from neutral 
     * Western Forest Products Inc  WEF.TO : CIBC raises target price to C$2.25 from C$2 
     * Winpak Ltd  WPK.TO : CIBC cuts target price to C$42 from C$43 
   

 (Compiled by Bengaluru Newsroom)
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