CANADA RESEARCH ROUNDUP-Enbridge, First Quantum Minerals, MTY Food Group
RTR North American Financial News
July 7 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Enbridge, First Quantum Minerals and MTY Food Group, on Tuesday.
HIGHLIGHTS
* Bellus Health Inc BLU.TO : Guggenheim cuts to neutral from buy
* Enbridge Inc ENB.TO : CIBC cuts target price to C$47 from C$48
* First Quantum Minerals Ltd FM.TO : Citigroup raises price target to C$14.1 from C$11
* Minto Apartment REIT MI_u.TO : Scotiabank initiates with sector perform rating
* MTY Food Group MTY.TO : National Bank of Canada raises target price to C$29 from C$28
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Aecon Group ARE.TO : Laurentian Bank Securities initiates with buy rating and C$20 PT
* Argonaut Gold AR.TO : Laurentian Bank Securities raises PT to C$4.50 from C$4.25
* Bellus Health Inc BLU.TO : Guggenheim cuts to neutral from buy
* Enbridge Inc ENB.TO : CIBC cuts target price to C$47 from C$48
* Enerplus Corp ERF.TO : CIBC cuts target price to C$4.50 from C$5
* First Quantum Minerals Ltd FM.TO : Citigroup raises price target to C$14.1 from C$11
* Great Bear Resources GBR.V : Cormark Securities ups target price to C$20 from C$16.50
* Lundin Gold Inc LUG.TO : CIBC raises target price to C$15 from C$14
* Minto Apartment REIT MI_u.TO : Scotiabank initiates with sector perform rating
* Minto Apartment REIT MI_u.TO : Scotiabank initiates with target price of C$23
* MTY Food Group MTY.TO : National Bank of Canada raises target price to C$29 from C$28
* Norbord Inc OSB.TO : Credit Suisse raises target price to C$30 from C$20
* Organigram Holdings Inc OGI.TO : Alliance Global Partners initiates with buy rating
* Organigram Holdings Inc OGI.TO : Alliance Global Partners initiates with PT of C$4
* Slate Retail REIT SRTu.TO : Scotiabank initiates with sector perform rating
* Slate Retail REIT SRTu.TO : Scotiabank initiates with target price of $8.50
* Teck Resources Ltd TECKb.TO : Citigroup raises price target to C$15 from C$10
(Compiled by Bengaluru Newsroom)