Sept 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including ARC Resources, MEG Energy and Tourmaline Oil, on Monday.
HIGHLIGHTS
* ARC Resources Ltd ARX.TO: Jefferies cuts target price to C$27 from C$30 |
* Canadian Natural Resources Ltd CNQ.TO: Jefferies cuts target price to C$49 from C$52 |
* Exro Technologies Inc EXRO.TO: National Bank of Canada resumes coverage with sector perform |
* MEG Energy Corp MEG.TO: Jefferies cuts target price to C$26 from C$32 |
* Tourmaline Oil TOU.TO: Jefferies cuts target price to C$67 from C$75 |
Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* Aecon Group Inc ARE.TO: ATB Capital Markets raises target price to C$29 from C$21 |
* Alamos Gold Inc AGI.TO: BMO raises target price to C$31 from C$27 |
* Alamos Gold Inc AGI.TO: National Bank of Canada raises target price to C$30 from C$28 |
* Altius Minerals Corp ALS.TO: Canaccord Genuity raises target price to C$29 from C$25 |
* ARC Resources Ltd ARX.TO: Jefferies cuts target price to C$27 from C$30 |
* Automotive Properties REIT APR_u.TO: Canaccord Genuity raises PT to C$13.5 from C$12.5 |
* B2Gold Corp BTO.TO: BMO cuts target price to C$6 from C$6.50 |
* Canadian Natural Resources Ltd CNQ.TO: Jefferies cuts target price to C$49 from C$52 |
* Cenovus Energy Inc CVE.TO: Jefferies cuts target price to C$33 from C$36 |
* Choice Properties REIT CHP_u.TO: Canaccord Genuity raises PT to C$16.5 from C$15 |
* Crombie REIT CRR_u.TO: Canaccord Genuity raises target price to C$15 from C$14 |
* Exro Technologies Inc EXRO.TO: National Bank of Canada resumes coverage with sector perform rating |
* Exro Technologies Inc EXRO.TO: National Bank of Canada resumes coverage with target price C$0.6 |
* First Capital REIT FCR_u.TO: Canaccord Genuity raises target price to C$20 from C$17.5 |
* MEG Energy Corp MEG.TO: Jefferies cuts target price to C$26 from C$32 |
* Nuvista Energy Ltd NVA.TO: Jefferies cuts target price to C$14 from C$17 |
* Paramount Resources Ltd POU.TO: Jefferies cuts target price to C$29 from C$36 |
* Riocan REIT REI_u.TO: Canaccord Genuity raises target price to C$21 from C$20 |
* Russel Metals Inc RUS.TO: TD Cowen raises target price to C$46 from C$44 |
* Russel Metals Inc RUS.TO: TD Cowen raises to buy from hold |
* Strathcona Resources Ltd SCR.TO: Jefferies cuts target price to C$30 from C$35 |
* Suncor Energy Inc SU.TO: Jefferies cuts target price to C$55 from C$62 |
* Tourmaline Oil TOU.TO: Jefferies cuts target price to C$67 from C$75 |
* Transcontinental Inc TCLa.TO: CIBC raises target price to C$19 from C$18 |
* Veren Inc VRN.TO: Jefferies cuts target price to C$11 from C$13 |
* Whitecap Resources Inc WCP.TO: Jefferies cuts target price to C$11 from C$12 |
(Compiled by Bengaluru Newsroom)