CANADA RESEARCH ROUNDUP-Alimentation Couche-Tard, George Weston, Loblaw
Jan 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Alimentation Couche-Tard, George Weston and Loblaw on Wednesday.
HIGHLIGHTS
* Alimentation Couche-Tard Inc ATD.TO: National Bank of Canada ups to outperform from sector perform |
* George Weston Ltd WN.TO: Scotiabank raises target price to C$240 from C$218 |
* Loblaw Companies Ltd L.TO: Scotiabank cuts to sector perform from sector outperform |
* Northland Power Inc (Ontario) NPI.TO: CIBC cuts target price to C$29 from C$31 |
* Telus Corp T.TO: CIBC cuts target price to C$24 from C$25 |
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* AGF Management Ltd AGFb.TO: BMO raises target price to C$11 from C$10 |
* AGF Management Ltd AGFb.TO: Jefferies raises target price to C$12 from C$11 |
* Alimentation Couche-Tard ATD.TO: National Bank of Canada ups PT to C$89 from C$87 |
* Alimentation Couche-Tard ATD.TO: National Bank of Canada ups to outperform from sector perform |
* Bank of Montreal BMO.TO: RBC raises to outperform from sector perform |
* Bank of Montreal BMO.TO: RBC raises target price to C$161 from C$133 |
* Boralex Inc BLX.TO: CIBC cuts target price to C$40 from C$42 |
* CIBC CM.TO: RBC raises to outperform from sector perform |
* CIBC CM.TO: RBC raises target price to C$103 from C$97 |
* European Residential REIT ERE_u.TO: Raymond James cuts PT to C$3 from C$4.50 |
* First Quantum Minerals Ltd FM.TO: RBC raises target price to C$24 from C$23 |
* Fortis Inc FTS.TO: CIBC raises target price to C$64 from C$63 |
* George Weston Ltd WN.TO: Scotiabank raises target price to C$240 from C$218 |
* George Weston Ltd WN.TO: Scotiabank raises to sector outperform from sector perform |
* Hydro One Ltd H.TO: CIBC raises target price to C$46 from C$45 |
* Loblaw Companies Ltd L.TO: Scotiabank cuts to sector perform from sector outperform |
* Medexus Pharmaceuticals Inc MDP.TO: Raymond James ups to strong buy from outperform |
* National Bank of Canada NA.TO: RBC raises target price to C$145 from C$134 |
* Northland Power Inc (Ontario) NPI.TO: CIBC cuts target price to C$29 from C$31 |
* Rogers Communications Inc RCIb.TO: Scotiabank cuts target price to C$64 from C$66.50 |
* Scotiabank BNS.TO: RBC raises target price to C$83 from C$74 |
* TD Bank Group TD.TO: RBC raises target price to C$86 from C$77 |
* Telus Corp T.TO: CIBC cuts target price to C$24 from C$25 |
* Telus Corp T.TO: Scotiabank cuts target price to C$22.50 from C$23.25 |
* Transalta Corp TA.TO: CIBC raises target price to C$23 from C$17 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
Related Articles
What Should Stock Investors Watch in Friday’s US Jobs Report?
TradingKey - At this point in time, the stock market is obsessing over how much the US Federal Reserve (Fed) will cut interest rates in 2025.
Nvidia CEO’s Remarks Hit Quantum Computing Stocks
TradingKey - Nvidia CEO Jensen Huang’s remarks on Wednesday about the technology hit stocks in the quantum computing sector. He predicted it could take decades for the technology to see widespread adoption, leading to declines in the shares of IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Com
Why Did The S&P 500 And Nasdaq Composite Just Fall Over 1%?
TradingKey - The year 2025 started off on a pretty solid footing for investors with the key indices in the US – the S&P 500 Index and the tech-focused Nasdaq Composite Index – both posting gains in the first few days of trading. That followed on from some huge double-digit gains for 2023 and 2024.
