April 16 (Reuters) – Securities analysts revised their ratings and price targets on several
Canadian companies, including Manulife, Shaw Communications, Allied Nevada and BIOX on Monday.
HIGHLIGHTS
* Allied Nevada : Macquarie cuts rating to neutral
* BIOX : National Bank Financial cuts to sector perform from outperform
* North American Energy : CIBC raises to sector performer from sector underperformer
* Manulife Financial : CIBC raises price target to C$14 from C$13
* Shaw Communications : BMO, others cut target price on stock
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. See the bottom of the table for sector changes.
* Agnico Eagle : Macquarie cuts target price to C$41.00 from C$44.00
* Alderon Iron : National Bank Financial raises price target to C$5.30 from C$5.10
* Allied Nevada : Macquarie cuts to neutral from outperform
* Alamos : Macquarie cuts target price to C$21.00 from C$22.00
* Argonaut : Macquarie cuts target price to C$9.75 from C$10.00
* Aura : Macquarie cuts target price to C$1.10 from C$1.25
* Aurico : Macquarie cuts target price to C$12.00 from C$13.00
* Aurizon Mines : Macquarie cuts target price to C$6.50 from C$7.00
* B2Gold : Macquarie cuts target price to C$5.25 from C$5.75
* Bankers Petroleum Ltd : Td securities cuts price target to C$9 from C$10
* Bankers Petroleum Ltd : UBS cuts price target to C$5 from C$7; rating buy
* Barrick : Macquarie cuts target price to C$65.00 from C$70.00
* BIOX : National Bank Financial cuts to sector perform from outperform
* Cathedral : National bank financial cuts price target to C$10 from C$11.75
* Calmena : National bank financial cuts price target to C$0.40 from C$0.45
* Canelson : National bank financial cuts price target to C$6.60 from C$7
* Canyon : National bank financial cuts price target to C$16.50 from C$17.50
* Carpathian : Macquarie cuts target price to C$1.00 from C$1.10
* CEU : National bank financial cuts price target to C$14.50 from C$15
* Chorus Aviation : CIBC cuts price target to C$4.50 from C$5
* Chorus Aviation : Canaccord genuity cuts price target to C$5.25 from C$5.75
* Cline Mining Corp : Paradigm capital cuts target price to C$2 from C$3.25
* Detour Gold : Macquarie cuts target price to C$35.00 from C$38.00
* Directcash Payments : Acumen Capital raises target to C$27 from C$22.4; rating buy
* Extorre : Macquarie cuts target price to C$10.25 from C$11.00
* Eastmain : Macquarie cuts target price to C$2.50 from C$2.75
* Eldorado : Macquarie cuts target price to C$16.50 from C$17.00
* Electrovaya Inc : Mackie research assumes coverage with speculative buy
* Enercare Inc : National Bank Financial starts with outperform
* Essential : National bank financial cuts price target to C$3.30 from C$3.50
* Enseco : National bank financial cuts price target to C$1.50 from C$1.70
* Goldcorp : Macquarie cuts target price to C$59.00 from C$63.00
* Great West : CIBC raises price target to C$25 from C$23.50
* IAMGOLD : Macquarie cuts target price to C$19.00 from C$20.00
* International Tower Hill : Macquarie cuts target price to C$7.00 from C$8.50
* Katanga Mining : UBS cuts price target to C$0.7 from C$1.1; rating sell
* Kinross : Macquarie cuts target price to C$14.00 from C$15.50
* Lachlan : Macquarie cuts target price to C$2.60 from C$2.90
* MAG Silver Corp : Macquarie cuts target price to C$15.50 from C$17
* Mirasol : Macquarie cuts target price to C$6.25 from C$6.50
* Manulife Financial : CIBC raises price target to C$14 from C$13
* North American Energy : CIBC raises to sector performer from sector underperformer
* Paladin Energy Ltd : Dundee Capital Markets cuts price target to C$3.6 from C$3.8
* Parex Resources : CIBC cuts price target to C$9 from C$11.25
* Parex Resources : UBS cuts price target to C$6 from C$7.5; rating neutral
* PHX : National bank financial downgrades to sector perform from outperform
* PHX : National bank financial cuts price target to C$11 from C$13.75
* Primero : Macquarie cuts target price to C$3.10 from C$3.25
* Postmedia Network : Canaccord Genuity cuts price target to C$4.15 from C$6.75
* Poseidon : National bank financial cuts price target to C$20.50 from C$21
* Rainy River Resources Ltd : Macquarie raises to outperform
* Rainy River Resources Ltd : Macquarie cuts target price to C$7 from C$8
* Secure Energy : CIBC raises to sector outperformer from sector performer
* Secure : National bank financial cuts target to C$10.75 from C$11.25
* Silver Wheaton rr: Macquarie cuts target price to C$38.00 from C$39.00
* Shaw Communications : CIBC cuts price target to C$23 from C$24
* Shaw Communications : Td securities cuts price target to C$23 from C$24
* Shaw Communications : Bmo cuts target price to C$20 from C$21
* Shaw Communications : Rbc cuts price target to C$20 from C$22
* Shaw Communications : Desjardins cuts target price to C$21.50 from C$22.50
* Shaw Communications : Stifel cuts price target to C$21.50 from C$23
* SNC Lavalin : Rbc cuts to sector perform from outperform
* Strad : National bank financial cuts price target to C$7 from C$7.25
* Sulliden : National bank financial cuts price target to C$2.80 from C$3.50
* Sun Life : CIBC raises price target to C$24 from C$23
* Tahoe Resources Inc : Macquarie cuts target price to C$28 from C$30.25
* Theratechnologies : Canaccord Genuity cuts price target to C$5.50 from C$7
* Thompson Creek Metals Company Inc : UBS upgrades to buy from neutral
* Timmins Gold : Macquarie cuts target price to C$3.10 from C$3.25
* Trinidad : National bank financial cuts price target to C$10.75 from C$11.25
* Yamana : Macquarie cuts target price to C$17.50 from C$18.50
* Zodiac Exploration : Raymond James Cuts target to C$0.20 from C$1,outperform rating
SECTOR:
* North American gold producers: Macquarie cuts target on B2Gold, others
