Canada Research Roundup: Agnico Eagle Mines, Newmont, Suncor Energy

Yangarra Resources

07/02/2020 08:47

Feb 7 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Agnico Eagle Mines, Newmont and Suncor Energy, on Friday. 
      
  HIGHLIGHTS
     * Agnico Eagle Mines Ltd  AEM.TO : National Bank of Canada cuts target to C$101 from C$103
     * Fortis Inc  FTS.TO : Scotiabank raises target price to C$62 from C$57
     * Manulife Financial Corp  MFC.TO : Credit Suisse initiates with neutral, C$29 target price
     * Newmont  NGT.TO : National Bank of Canada raises price target to C$66 from C$65 
     * Suncor Energy Inc  SU.TO : RBC cuts price target to C$46 from C$47
    
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.    
 
     * Agnico Eagle Mines Ltd  AEM.TO : National Bank of Canada cuts target to C$101 from C$103
     * Alacer Gold Corp  ASR.TO : National Bank of Canada cuts price target to C$7 from C$7.50
     * Allied Properties REIT  AP_u.TO : CIBC raises target price to C$58 from C$56
     * Allied Properties REIT  AP_u.TO : BMO raises target price to C$60 from C$56
     * Allied Properties REIT  AP_u.TO : Canaccord Genuity raises target price to C$59 from C$55
     * Altagas Ltd  ALA.TO : Scotiabank raises target price to C$22 from C$21
     * ARC Resources Ltd  ARX.TO : National Bank of Canada cuts target price to C$8.50 from C$9
     * Aurora Cannabis Inc  ACB.TO : Canaccord Genuity cuts price target to C$3 from C$6
     * Aurora Cannabis Inc  ACB.TO : Canaccord Genuity cuts to hold from speculative buy
     * Aurora Cannabis Inc  ACB.TO : Eight Capital cuts price target to C$2 from C$6
     * Aurora Cannabis Inc  ACB.TO : Eight Capital cuts to neutral from buy
     * Aurora Cannabis Inc  ACB.TO : PI Financial cuts to neutral from buy
     * Aurora Cannabis Inc  ACB.TO : PI Financial cuts price target to C$2 from C$6
     * Aurora Cannabis Inc  ACB.TO : Stifel cuts target price to C$1 from C$1.75
     * Barrick Gold Corp  ABX.TO : National Bank of Canada raises price target to C$34 from C$33
     * BCE Inc  BCE.TO : CIBC raises target price to C$63 from C$62
     * BCE Inc  BCE.TO : Cormark Securities raises target price to C$64 from C$61
     * BCE Inc  BCE.TO : UBS raises target price to C$62 from C$59
     * BCE Inc  BCE.TO : JP Morgan raises price target to C$65 from C$63
     * BCE Inc  BCE.TO : RBC raises price target to C$64 from C$63
     * BCE Inc  BCE.TO : Scotiabank raises target price to C$67 from C$66
     * Calian Group Ltd  CGY.TO : Canaccord Genuity raises target price to C$52 from C$45
     * Capital Power Corp  CPX.TO : Scotiabank raises target price to C$37 from C$34
     * Centerra Gold Inc  CG.TO : National Bank of Canada raises target to C$15 from C$14.50
     * Diversified Royalty Corp  DIV.TO : CIBC raises target price to C$4.25 from C$4
     * Eldorado Gold Corp  ELD.TO : National Bank of Canada cuts target to C$15 from C$15.50
     * Emera Inc  EMA.TO : Scotiabank raises target price to C$62 from C$58
     * Enbridge Inc  ENB.TO : Scotiabank raises target price to C$60 from C$55
     * Endeavour Mining  EDV.TO : National Bank of Canada raises target to C$35 from C$34.50
     * Equinox Gold Corp  EQX.TO : National Bank of Canada raises target to C$11.25 from C$11
     * Fortis Inc  FTS.TO : UBS raises target price to C$64 from C$59
     * Fortis Inc  FTS.TO : Scotiabank raises target price to C$62 from C$57
     * Genworth MI Canada Inc  MIC.TO : BMO cuts target price to C$61 from C$62
     * Genworth MI Canada Inc  MIC.TO : BMO cuts to market perform from outperform
     * Gibson Energy Inc  GEI.TO : Scotiabank raises target price to C$29 from C$27.5
     * Golden Star Resources Ltd  GSC.TO : National Bank of Canada cuts PT to C$5 from C$5.25
     * Great-West Lifeco Inc  GWO.TO : Credit Suisse initiates with neutral, C$37 target price
     * Hydro One Ltd  H.TO : Scotiabank raises target price to C$28 from C$26
     * IAMGOLD Corp  IMG.TO : National Bank of Canada cuts price target to C$5.50 from C$6
     * Innergex Renewable Energy Inc  INE.TO : CIBC raises target price to C$20 from C$18
     * Innergex Renewable Energy Inc  INE.TO : TD Securities raises target to C$22 from C$18
     * Intact Financial Corp  IFC.TO : CIBC raises target price to C$158 from C$145
     * Lithium Americas  LAC.TO : Eight Capital raises price target to C$9.20 from C$8; buy
     * Lundin Mining Corp  LUN.TO : National Bank of Canada raises PT to C$11.25 from C$10.75
     * Manulife Financial Corp  MFC.TO : Credit Suisse initiates with neutral, C$29 target price
     * Newmont  NGT.TO : National Bank of Canada raises price target to C$66 from C$65 
     * Norbord Inc  OSB.TO : CIBC raises target price to C$45 from C$38
     * Pan American Silver  PAAS.TO : National Bank of Canada raises PT to C$39 from C$38.50
     * Parex Resources Inc  PXT.TO : National Bank of Canada raises PT to C$33 from C$31
     * Pembina Pipeline Corp  PPL.TO : Scotiabank raises target price to C$58 from C$55
     * Saputo Inc  SAP.TO : CFRA raises price target by C$2 to C$47
     * Saputo Inc  SAP.TO : TD Securities raises price target to C$47 from C$46
     * Semafo Inc  SMF.TO : National Bank of Canada raises price target to C$4.50 from C$4.25
     * Silvercorp Metals Inc  SVM.TO : Eight Capital raises price target to C$7.50 from C$6
     * Stingray Group Inc  RAYa.TO : RBC cuts price target to C$9 from C$10
     * Stingray Group Inc  RAYa.TO : TD Securities cuts price target to C$8.50 from C$9
     * Sun Life Financial Inc  SLF.TO : Credit Suisse initiates with outperform, C$71 PT
     * Suncor Energy Inc  SU.TO : RBC cuts price target to C$46 from C$47
     * TCP Energy Corp  TRP.TO : Scotiabank raises target price to C$75 from C$73
     * Telus Corp  T.TO : Scotiabank raises target price to C$58 from C$55
     * TMAC Resources Inc  TMR.TO : National Bank of Canada cuts target to C$4.50 from C$6
     * Transalta Corp  TA.TO : Scotiabank raises target price to C$12 from C$11
     * Transalta Renewables Inc  RNW.TO : Scotiabank raises target price to C$16 from C$14
     * Vecima Networks Inc  VCM.TO : PI Financial raises price target to C$12.50 from C$10.20
     * Vecima Networks Inc  VCM.TO : PI Financial raises to buy from neutral
     * Well Health Technologies Corp  WELL.TO : Eight Capital raises PT to C$2.50 from C$2.15
     * Yangarra Resources Ltd  YGR.TO : Cormark Securities cuts PT to C$2.25 from C$2.75
     * Yangarra Resources Ltd  YGR.TO : Altacorp Capital cuts target price to C$1.85 from C$2.1
     * Yangarra Resources Ltd  YGR.TO : Canaccord Genuity cuts target price to C$2 from C$2.25
     * Yangarra Resources Ltd  YGR.TO : National Bank of Canada cuts PT to C$1.75 from C$2.50
     * Yangarra Resources Ltd  YGR.TO : TD Securities cuts price target to C$2.5 from C$3
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))