Canada Research Roundup: Boralex, Dexterra Group, Sernova

Yangarra Resources

05/07/2022 13:06

July 5 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Boralex, Dexterra Group and Sernova, on Tuesday. 
    
    HIGHLIGHTS    
     * Boralex Inc  BLX.TO : TD Securities cuts to buy from action list buy
     * Dexterra Group Inc  DXT.TO : Raymond James cuts to market perform from outperform
     * Sernova Corp  SVA.TO : H.C. Wainwright initiates coverage with buy rating; PT C$6
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Advantage Energy Ltd  AAV.TO : Raymond James raises target price to C$13.5 from C$13
     * Aecon Group Inc  ARE.TO : Raymond James cuts target price to C$21 from C$23
     * AG Growth International Inc  AFN.TO : Atb Capital Markets raises PT to C$59 from C$57
     * Aurora Cannabis Inc  ACB.TO : Cowen and Company cuts target price to C$1.85 from C$4
     * Baytex Energy Corp  BTE.TO : Raymond James raises target price to C$9.5 from C$9
     * Birchcliff Energy Ltd  BIR.TO : Raymond James raises target price to C$12.5 from C$12
     * Bird Construction Inc  BDT.TO : Raymond James cuts target price to C$12 from C$13.5
     * Bonterra Energy Corp  BNE.TO : Raymond James raises target price to C$12 from C$11.5
     * Boralex Inc  BLX.TO : TD Securities cuts to buy from action list buy
     * Canadian Natural Resources Ltd  CNQ.TO : Raymond James raises PT to C$90 from C$87
     * Cardinal Energy Ltd (Alberta)  CJ.TO : Raymond James raises PT to C$9.5 from C$8.5
     * Cenovus Energy Inc  CVE.TO : Raymond James raises target price to C$30 from C$27
     * Crescent Point Energy Corp  CPG.TO : Raymond James raises target price to C$12.5 from C$12
     * Crew Energy Inc  CR.TO : Raymond James raises target price to C$7.5 from C$6.5
     * Dexterra Group Inc  DXT.TO : Raymond James cuts to market perform from outperform
     * First National Financial Corp  FN.TO : CIBC cuts target price to C$36 from C$43
     * Freehold Royalties Ltd  FRU.TO : Raymond James raises target price to C$21 from C$20
     * Imperial Oil Ltd  IMO.TO : Raymond James raises target price to C$71 from C$65
     * MDF Commerce Inc  MDF.TO : Laurentian Bank Securities cuts target price to C$6.5 from C$9
     * MEG Energy Corp  MEG.TO : Raymond James raises target price to C$25.5 from C$24
     * North American Construction Group Ltd  NOA.TO : Raymond James cuts PT to C$24 from C$27.5
     * Nuvista Energy Ltd  NVA.TO : Raymond James raises target price to C$17 from C$15.5
     * Obsidian Energy Ltd  OBE.TO : Raymond James raises target price to C$16 from C$15.5
     * Paramount Resources Ltd  POU.TO : Raymond James raises target price to C$45 from C$40
     * Peyto Exploration & Development Corp  PEY.TO : Raymond James raises PT to C$17 from C$15
     * Prairiesky Royalty Ltd  PSK.TO : Raymond James raises target price to C$27 from C$26
     * Russel Metals Inc  RUS.TO : Stifel GMP cuts target price to C$34 from C$40
     * Sernova Corp  SVA.TO : H.C. Wainwright initiates coverage with buy rating; PT C$6
     * Spartan Delta Corp  SDE.TO : Raymond James raises target price to C$15 from C$13
     * Suncor Energy Inc  SU.TO : Raymond James raises target price to C$57 from C$52
     * Surge Energy Inc  SGY.TO : Raymond James raises target price to C$15 from C$14
     * Tamarack Valley Energy Ltd  TVE.TO : Raymond James raises PT to C$7.5 from C$7.25
     * Topaz Energy Corp  TPZ.TO : Raymond James raises target price to C$29 from C$27
     * Tourmaline Oil Corp  TOU.TO : Raymond James raises target price to C$90 from C$85
     * Vermilion Energy Inc  VET.TO : Raymond James raises target price to C$38 from C$35
     * Yangarra Resources Ltd  YGR.TO : Raymond James raises target price to C$4 from C$3.25
 

 (Compiled by Bengaluru Newsroom)
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