CANADA RESEARCH ROUNDUP-Altagas, Equinox Gold Corp, Prairiesky Royalty
RTR North American Financial News
Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including AltaGas, Equinox Gold Corp, and Prairiesky Royalty, on
Tuesday.
HIGHLIGHTS
* AltaGas Ltd ALA.TO : Credit Suisse raises to outperform from neutral
* Canadian Utilities Ltd CU.TO : Credit Suisse raises to neutral from underperform
* Equinox Gold Corp EQX.TO : RBC cuts to underperform from sector perform
* Prairiesky Royalty Ltd PSK.TO : CIBC raises target price to C$27 from C$26
* Transalta Renewables Inc RNW.TO : Credit Suisse raises to outperform from neutral
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Acadian Timber Corp ADN.TO : Credit Suisse cuts target price to C$17 from C$18
* Air Canada AC.TO : National Bank of Canada cuts target price to C$29 from C$30
* Altagas Ltd ALA.TO : Credit Suisse cuts target price to C$30 from C$32.5
* Altagas Ltd ALA.TO : Credit Suisse raises to outperform from neutral
* Atco Ltd ACOx.TO : Credit Suisse cuts target price to C$48 from C$49.5
* Atco Ltd ACOx.TO : National Bank of Canada cuts target price to C$40 from C$49
* Avanti Helium Corp AVN.V : Cormark Securities cuts target price to C$3.75
from C$4.5
* Bombardier BBDb.TO : National Bank of Canada raises target price to C$59 from C$53
* Boralex Inc BLX.TO : Credit Suisse cuts target price to C$43 from C$55
* Boralex Inc BLX.TO : Credit Suisse cuts to neutral from outperform
* Calibre Mining Corp CXB.TO : Scotiabank cuts target price to C$1.5 from
C$2.25
* Calibre Mining Corp CXB.TO : Scotiabank cuts to sector perform from sector
outperform
* Canaccord Genuity Group Inc CF.TO : Cormark Securities cuts PT to C$12.5
from C$13
* Canadian Utilities Ltd CU.TO : Credit Suisse cuts target price to C$38.5 from C$41.5
* Canadian Utilities Ltd CU.TO : Credit Suisse raises to neutral from underperform
* Canadian Utilities Ltd CU.TO : National Bank of Canada cuts target to C$33 from C$40
* Capital Power Corp CPX.TO : Credit Suisse cuts target price to C$53 from C$57.5
* Capital Power Corp CPX.TO : National Bank of Canada cuts target price to C$48 from C$52
* Emera Inc EMA.TO : Credit Suisse raises target price to C$55 from C$53.5
* Emera Inc EMA.TO : National Bank of Canada cuts target price to C$51 from C$60
* Enbridge Inc ENB.TO : Credit Suisse cuts target price to C$54 from C$58
* Enbridge Inc ENB.TO : National Bank of Canada cuts target price to C$53 from C$61
* EQB Inc EQB.TO : National Bank of Canada cuts target price to C$68 from C$73
* Equinox Gold Corp EQX.TO : RBC cuts target price to C$5.5 from C$8
* Equinox Gold Corp EQX.TO : RBC cuts to underperform from sector perform
* First National Financial Corp FN.TO : National Bank of Canada cuts PT to C$34 from C$35
* Foran Mining Corp FOM.V : Cormark Securities raises target price to C$2.75
from C$2.65
* Fortis Inc FTS.TO : Credit Suisse cuts target price to C$56.5 from C$62
* Fortis Inc FTS.TO : National Bank of Canada cuts target price to C$51 from C$60
* Gibson Energy Inc GEI.TO : Credit Suisse cuts target price to C$22.5 from C$24
* Gibson Energy Inc GEI.TO : National Bank of Canada cuts target price to C$23 from C$25
* Greenlane Renewables Inc GRN.TO : TD Securities cuts target price to C$1.3
from C$1.45
* Home Capital Group Inc HCG.TO : National Bank of Canada cuts target to C$30 from C$31
* Hydro One Ltd H.TO : Scotiabank raises target price to C$34 from C$33
* Hydro One Ltd H.TO : Credit Suisse cuts target price to C$34 from C$36
* Hydro One Ltd H.TO : National Bank of Canada cuts target price to C$31 from C$36
* Innergex Renewable Energy Inc INE.TO : Credit Suisse cuts target to C$21.5 from C$27.5
* Keyera Corp KEY.TO : Credit Suisse cuts target price to C$35.5 from C$38
* Keyera Corp KEY.TO : National Bank of Canada cuts target price to C$35 from C$38
* NFI Group Inc NFI.TO : Scotiabank cuts target price to C$14 from C$18
* NFI Group Inc NFI.TO : Scotiabank cuts to sector perform from sector
outperform
* NFI Group Inc NFI.TO : TD Securities cuts target price to C$11.5 from C$14.5
* NFI Group Inc NFI.TO : Atb Capital Markets cuts target price to C$18 from C$21
* NFI Group Inc NFI.TO : CIBC cuts target price to C$10 from C$14
* Noranda Income Fund NIF_u.TO : TD Securities cuts to hold from buy
* Noranda Income Fund NIF_u.TO : TD Securities cuts target price to C$0.5 from
C$2
* Northland Power Inc NPI.TO : Credit Suisse cuts target price to C$48 from C$53
* Parkland Corp PKI.TO : Desjardins Securities cuts target price to C$36 from C$44
* Pembina Pipeline Corp PPL.TO : Credit Suisse cuts target price to C$52 from C$55
* Pembina Pipeline Corp PPL.TO : National Bank of Canada cuts target to C$45 from C$48
* Prairiesky Royalty Ltd PSK.TO : BMO raises target price to C$27 from C$25
* Prairiesky Royalty Ltd PSK.TO : Raymond James raises target price to C$28
from C$27
* Prairiesky Royalty Ltd PSK.TO : Scotiabank raises target price to C$23 from
C$22
* Prairiesky Royalty Ltd PSK.TO : Atb Capital Markets raises target to C$23 from C$22
* Prairiesky Royalty Ltd PSK.TO : CIBC raises target price to C$27 from C$26
* Prairiesky Royalty Ltd PSK.TO : RBC raises target price to C$25 from C$24
* Superior Plus Corp SPB.TO : National Bank of Canada cuts target price to C$12 from C$13
* TCP Energy Corp TRP.TO : Credit Suisse cuts target price to C$63 from C$70
* TCP Energy Corp TRP.TO : National Bank of Canada cuts target price to C$56 from C$65
* Tidewater Midstream and Infrastructure Ltd TWM.TO : Credit Suisse cuts PT to C$1.35 from
C$1.75
* Tidewater Renewables Ltd LCFS.TO : PI Financial cuts target price to C$21
from C$24
* Tidewater Renewables Ltd LCFS.TO : CIBC cuts target price to C$20 from C$21
* Timbercreek Financial Corp TF.TO : National Bank of Canada cuts PT to C$8.25 from C$8.75
* Transalta Corp TA.TO : Credit Suisse cuts target price to C$15 from C$17.5
* Transalta Corp TA.TO : National Bank of Canada cuts target price to C$13 from C$15
* Transalta Renewables Inc RNW.TO : Credit Suisse cuts target price to C$17 from C$19.5
* Transalta Renewables Inc RNW.TO : Credit Suisse raises to outperform from neutral
(Compiled by Bengaluru Newsroom)