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Canadian Blue-chip Industrial Forum
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CANADA RESEARCH ROUNDUPCANADA RESEARCH ROUNDUP-Dragonwave, Dream Global, Rogers Communications RTR North American Financial News July 21 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Dragonwave, Dream Global REIT and Storage Vault Canada, on Friday.
HIGHLIGHTS * CRH Medical Corp CRH.TO : RBC raises to outperform from sector perform * Dragonwave Inc DRWI.TO : Desjardins cuts to sell from hold * Dream Global REIT DRG_u.TO : Eight Capital raises to buy from neutral * Rogers Communications RCIb.TO : Barclays, CIBC, JP Morgan raise price target
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* Bombardier BBDb.TO :National Bank of Canada ups TP to C$2.90 from C$2.75;outperform * CRH Medical Corp CRH.TO : RBC cuts target price to C$6 from C$8.50 * CRH Medical Corp CRH.TO : RBC raises to outperform from sector perform * Dragonwave Inc DRWI.TO : Desjardins cuts to sell from hold * Dream Global REIT DRG_u.TO : Eight Capital raises to buy from neutral * Encana ECA.TO : National Bank of Canada ups price target to C$13 from C$12; outperform * Encana ECA.TO : TD Research raises price target to C$12.50 from C$11.50; rating buy * Exchange Income EIF.TO : Canaccord Genuity cuts price target to C$42 from C$44; buy * Exchange Income Corp EIF.TO : CIBC cuts TP to C$35 from C$39 ; rating neutral * Fortis Inc FTS.TO : Barclays raises target price to $40 from $37 ; rating overweight * High Arctic Energy Services Inc HWO.TO : Paradigm Capital cuts target to C$6 from C$8 * Hudson'S Bay Co HBC.TO : TD Securities raises price target to C$12.50 from C$10 * Husky Energy Inc HSE.TO : TD Research cuts price target to C$17.00 from C$18.00; hold * Loblaw Companies Ltd L.TO : Eight Capital cuts target price to C$78 from C$82 * Mainstreet Equity Corp MEQ.TO : TD Securities raises price target to C$39 from C$37 * Metro Inc MRU.TO : Eight Capital cuts target price to C$52 from C$54 * Park Lawn Corp PLC.TO : Paradigm Capital raises target price to C$25 from C$23 * Rogers Communications RCIb.TO : Barclays raises target price to C$70 from C$63 * Rogers Communications RCIb.TO : CIBC raises price target to C$65 from C$62; neutral * Rogers Communications RCIb.TO : JP Morgan ups price target to C$69 from C$62; neutral * Rogers Communications RCIb.TO : BMO raises target price to C$70 from C$67 * Rogers Communications RCIb.TO : Desjardins raises target to C$66.50 from C$62.50 * Rogers Communications RCIb.TO : TD Securities raises price target to C$72 from C$69 * Storage Vault Canada SVI.V : Canaccord Genuity starts with buy rating; C$3 TP * West Fraser Timber Co Ltd WFT.TO : Raymond James raises TP to C$72 from C$67 * Winpak Ltd WPK.TO : Raymond James raises price target to C$58 from C$56
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