Canada Research Roundup: Canadian Pacific Railway, Gibson Energy, Wesdome Gold Mines

Yangarra Resources

28/01/2021 09:12

Jan 28 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Pacific Railway, Gibson Energy and Wesdome Gold Mines, on
Thursday. 
    
    HIGHLIGHTS    
     * Canadian Pacific Railway Ltd  CP.TO : CIBC cuts target price to C$490 from C$500
     * Gibson Energy Inc  GEI.TO : CIBC cuts target price to C$23 from C$24
     * Wesdome Gold Mines  WDO.TO : TD Securities initiates coverage with buy rating; PT C$13.5
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.     
     * Advantage Oil & Gas Ltd  AAV.TO : CIBC cuts target price to C$2.25 from C$2.5
     * AGF Management Ltd  AGFb.TO : CIBC raises target price to C$7 from C$6.75
     * AGF Management Ltd  AGFb.TO : RBC raises target price to C$7.50 from C$6.50
     * Bonterra Energy Corp  BNE.TO : CIBC raises target price to C$2.5 from C$1.5
     * Canadian Pacific Railway Ltd  CP.TO : CIBC cuts target price to C$490 from C$500
     * Canadian Pacific Railway Ltd  CP.TO : RBC raises target price to C$509 from C$506
     * Canadian Tire Corporation  CTCa.TO : National Bank of Canada cuts PT to C$189 from C$190
     * CGI Group Inc  GIBa.TO : National Bank of Canada raises target price to C$120 from C$115
     * CGI Inc  GIBa.TO : RBC raises target price to C$115 from C$110
     * Freehold Royalties Ltd  FRU.TO : CIBC raises target price to C$8.5 from C$8
     * GFL Environmental Inc  GFL.TO : National Bank of Canada raises PT to C$40 from C$34
     * Gibson Energy Inc  GEI.TO : CIBC cuts target price to C$23 from C$24
     * Headwater Exploration  HWX.TO : National Bank of Canada raises target to C$4 from C$3.50
     * Millennial Lithium Corp  ML.V : Liberum raises target price to C$4.6 from C$2.2
     * Millennial Lithium Corp  ML.V : Liberum raises target price to C$4.60 from C$2.20
     * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$6.5 from C$5
     * Peyto Exploration & Development Corp  PEY.TO : CIBC raises target to C$4 from C$3.5
     * Tricon Residential Inc  TCN.TO : RBC raises target price to C$14 from C$13.50
     * Wesdome Gold Mines  WDO.TO : TD Securities initiates coverage with buy rating; PT C$13.5
     * Yangarra Resources Ltd  YGR.TO : CIBC raises target price to C$0.8 from C$0.75
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))