Canada Research Roundup: Stantec, Stella-Jones, Toromont Industries

Winpak

12/01/2024 07:23

Jan 12 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies including Stantec, Stella-Jones, and Toromont Industries, on Friday. 
    
        HIGHLIGHTS    
                 * Stantec Inc  STN.TO : CIBC raises target price to C$116 from C$111 
 
                 * Stella-Jones Inc  SJ.TO : CIBC raises target price to C$86 from C$83 
 
                 * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$123 from
 C$116 
 
                 * West Fraser Timber Co Ltd  WFG.TO : CIBC raises target price to C$142 from
 C$119 
 
                 * WSP Global Inc  WSP.TO : CIBC raises target price to C$234 from C$208 
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries
are in alphabetical order. 
    
                 * Adentra Inc  ADEN.TO : CIBC raises target price to C$40 from C$34 
 
                 * Aecon Group Inc  ARE.TO : CIBC raises target price to C$18 from C$12.5 
 
                 * Arizona Sonoran Copper Company  ASCU.TO : Canaccord Genuity cuts PT to C$2.75 from C$4 
 
                 * AtkinsRéalis  ATRL.TO : CIBC raises target price to C$57 from C$51 
 
                 * Bird Construction Inc  BDT.TO : CIBC raises target price to C$17 from C$14.5 
 
                 * Cascades Inc  CAS.TO : CIBC raises target price to C$17 from C$14 
 
                 * Doman Building Materials Group Ltd  DBM.TO : CIBC raises target price to C$10 from C$9 
 
                 * Finning International Inc  FTT.TO : CIBC raises target price to C$48 from C$47 
 
                 * First Quantum  FM.TO : Barclays cuts target price to C$12 from C$17 
 
                 * Interfor Corp  IFP.TO : CIBC raises target price to C$30 from C$26 
 
                 * KP Tissue Inc  KPT.TO : CIBC cuts target price to C$10 from C$11 
 
                 * Richelieu Hardware Ltd  RCH.TO : CIBC raises target price to C$49 from C$44 
 
                 * Stantec Inc  STN.TO : CIBC raises target price to C$116 from C$111 
 
                 * Stella-Jones Inc  SJ.TO : CIBC raises target price to C$86 from C$83 
 
                 * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$123 from C$116 
 
                 * Transcontinental Inc  TCLa.TO : CIBC raises target price to C$16 from C$15 
 
                 * West Fraser Timber Co Ltd  WFG.TO : CIBC raises target price to C$142 from C$119 
 
                 * Western Forest Products Inc  WEF.TO : CIBC cuts target price to C$0.75 from C$0.85 
 
                 * Westshore Terminals Investment Corp  WTE.TO : CIBC raises target price to C$30 from C$29 
 
                 * Winpak Ltd  WPK.TO : CIBC raises target price to C$48 from C$47 
 
                 * WSP Global Inc  WSP.TO : CIBC raises target price to C$234 from C$208 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))