April 5 (Reuters) – Securities analysts revised their ratings and price targets on several
Canadian companies, including ARC Resources, Petrobakken Energy and Eagle Energy, on Thursday.
HIGHLIGHTS
* ARC Resources, Pinecrest Energy : CIBC cuts to sector performer
* Petrobakken Energy Ltd : CIBC cuts price target
* Eagle Energy Trust : CIBC cuts price target
* Uranium One : Canaccord Genuity raises price target
Following is a summary of research actions on Canadian companies reported by Reuters on Thursay.
Stock entries are in alphabetical order. See bottom of the table for sector changes.
* 20-20 TECHNOLOGIES : BMO ups target to C$4.50 from C$3.50; rating market perform
* Advantage Oil And Gas Ltd : CIBC cuts price target to C$4.75 from C$5.25
* AIMIA : TD Securities cuts to hold from buy
* AIMIA : TD Securities cuts price target to c$14.50 from c$16
* Americas Petrogas :TD Securities initiates with speculative buy;price target of C$6
* Anderson Energy Ltd : CIBC cuts price target to C$0.70 from C$0.80
* Angle Energy Inc : CIBC cuts price target to C$8 from C$9.50
* ARC Resources Ltd : CIBC cuts to sector performer from sector outperformer
* ARC Resources Ltd : CIBC cuts price target to C$25.50 from C$30
* Arcan Resources Ltd : CIBC raises price target to C$7 from C$6.75
* ArPetrol : Canaccord genuity cuts target to C$0.20 from C$0.25, speculative buy
* Baytex Energy Corp : CIBC cuts price target to C$61 from C$67
* Bellatrix Exploration Ltd : CIBC cuts price target to C$7.25 from C$7.50
* Bonavista Energy Corp : CIBC cuts price target to C$29 from C$31
* Bonterra Energy Corp : CIBC cuts price target to C$59 from C$63.50
* C&C; Energia Ltd : CIBC raises price target to C$13 from C$11.75
* Cameco Corp : Canaccord Genuity raises price target to C$31 from C$30; rating buy
* Canacol Energy : Mackie raises target price to C$1.80 from C$1.60, rating buy
* Canadian Natural Resources Ltd : CIBC cuts price target to C$43 from C$46
* Canadian Oil Sands Ltd : CIBC cuts price target to C$24 from C$26
* Canadian Zinc Corp : Canaccord Genuity raises price target to C$1.60 from C$1.50
* Cenovus Energy Inc : CIBC raises to sector outperformer from sector performer
* Champion Minerals Inc : Canaccord Genuity raises price target to C$3.50 from C$3
* CI Financial Corp : Canaccord Genuity ups target to C$27.25 from C$26; rating buy
* Copper Mountain : Canaccord genuity raises target price to C$6.80 from C$6.50
* Crescent Point Energy Corp : CIBC cuts price target to C$56 from C$61
* Crew Energy Inc : CIBC cuts price target to C$15.25 from C$18
* Crown Point : Canaccord Genuity cuts target to C$2.35 from C$3, speculative buy
* Eagle Energy Trust : CIBC cuts price target to C$12.50 from C$14
* Enerplus Corp : CIBC cuts price target to C$21 from C$25.50
* Fairborne Energy Ltd : CIBC cuts price target to C$3.50 from C$5
* Freehold Royalties Ltd : CIBC raises price target to C$22.75 from C$22
* Gran Tierra Energy Inc : CIBC raises price target to C$7.25 from C$7.15
* Great West Lifeco : Td securities raises price target to C$25 from C$24
* IGM Financial : Canaccord Genuity raises target to C$50.75 from C$49.75; hold
* Industrial Alliance Life Insurance : TD Securities raises price target to C$32
from C$30; rating hold
* Inmet Mining Corp : Canaccord Genuity cuts target to C$74 from C$78; rating buy
* Intrepid Mines Ltd : Canaccord Genuity cuts price target to C$1.80 from C$3.20
* Labrador Iron Mines Holdings LIM.TO>: Canaccord Genuity cuts target to C$10 from C$11.50
* Legacy Oil + Gas Inc : CIBC cuts price target to C$14.50 from C$15.50
* Lipari Energy LIP.TO>: Canaccord Genuity cuts target to C$1.75 from C$2.50; rating buy
* Lumina Copper : Canaccord genuity raises target price to C$21.50 from C$19.80
* Lundin Mining Corp : Canaccord Genuity ups to buy from hold;target to C$6 from C$5
* Madalena Ventures : Canaccord Genuity cuts target price to C$1.65 from C$2
* Manulife Financial :TD Securities raises price target to C$17 from C$16;rating buy
* MEG Energy Corp : CIBC cuts price target to C$55 from C$59
* Nevada Copper : Canaccord genuity raises target price to C$6.85 from C$6.60
* Northern Dynasty Minerals : TD Securities cuts target to C$18 from C$38;buy rating
* North Country Gold Corp : Canaccord Genuity cuts target to C$1.20 from C$2.20
* Northern Dynasty : Canaccord genuity raises target price to C$11.45 from C$11.20
* Novus Energy Inc : CIBC cuts price target to C$6 from C$9
* Pacific Rubiales Energy Corp : CIBC raises price target to C$34.25 from C$32.50
* Painted Pony Petroleum Ltd : CIBC cuts price target to C$13 from C$15.50
* Paladin Energy : Canaccord Genuity cuts target to C$2.70 from C$3; rating buy
* Paramount Resources Ltd : CIBC cuts price target to C$31.50 from C$41.50
* Parex Resources Inc : CIBC raises price target to C$11.25 from C$11
* Pengrowth Energy Corp : CIBC cuts price target to C$10 from C$12
* Penn West Petroleum Ltd : CIBC cuts price target to C$29 from C$31
* Perpetual Energy Inc : CIBC cuts price target to C$1.20 from C$1.50
* Petrobakken Energy Ltd : CIBC cuts price target to C$23 from C$24
* PetroMagdalena Energy Corp : CIBC raises price target to C$2.50 from C$2.30
* Petronova Inc : Mackie cuts target price to C$1.95 from C$2, rating speculative buy
* Petrominerales : CIBC raises price target to C$26 from C$25
* Peyto Exploration & Development Corp : CIBC cuts price target to C$18.50 from C$22
* Pinecrest Energy Inc : CIBC cuts price target to C$3.50 from C$4
* Platinum Group Metals : Haywood cuts target by C$0.25 to C$2.25; sector outperform
* Platinum Group Metals : Raymond James ups target to c$1.90 from c$1.70; outperform
* Progress Energy Resources Corp : CIBC cuts price target to C$10.50 from C$12.75
* Queenston Mining Inc : Stonecap starts with outperform; price target C$7
* Rio Novo Gold : Canaccord Genuity cuts target to C$1.25 from C$2; speculative buy
* Rio Novo Gold Inc : Dundee cuts to neutral from buy
* Rio Novo Gold Inc : Dundee cuts price target to C$0.80 from C$1.50
* RMP Energy Inc : CIBC cuts price target to C$3 from C$3.25
* Rubicon Minerals Corp : BMO raises to market perform from underperform
* Southern Pacific Resource : TD Securities ups target to C$2.75 from C$2.50; buy
* Sun Life Financial : TD Securities ups price target to C$28 from C$27; rating buy
* Taseko Mines : Canaccord Genuity raises target to C$4.50 from C$4.10; rating buy
* Teck Resources : Canaccord genuity raises target to C$48 from C$46; rating buy
* Tourmaline Oil Corp : TD Securities cuts target to C$30 from C$33; buy rating
* Trilogy Energy Corp : CIBC cuts price target to C$34.00 from C$40.00
* Uranium One : Canaccord Genuity raises price target to C$4 from C$3.50; rating buy
* Uranium Participation : Canaccord Genuity ups target to C$6.75 from C$6.20; hold
* Vero Energy Inc : CIBC cuts price target to C$3.25 from C$3.50
* Vermilion Energy Inc : CIBC raises price target to C$54 from C$52
* WestFire Energy Ltd : CIBC cuts price target to C$6.75 from C$7.50
* Xinergy : Canaccord genuity cuts price target to C$2.30 from C$2.60; rating hold
* Yellowhead : Canaccord genuity ups target to C$2.70 from C$2.55, speculative buy
SECTOR CHANGES:
* Metals and Mining: Canaccord Genuity revises target on cos in the sector
* Oil and Gas: CIBC revises price target on cos in the sector
