April 24 (Reuters) – Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian National Railway, Mirabela Nickel and NovaGold Resources,
on Tuesday.
HIGHLIGHTS
* Baja Mining : Canaccord Genuity, Mackie cut target price on stock
* Canadian National Railway : Canaccord Genuity, Barclays ups target price
* IC Potash : Macquarie starts with an outperform rating
* MBAC Fertilizer : Canaccord Genuity ups target to C$4.75
* Mirabela Nickel : UBS, CIBC cut target price on stock
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Atco Ltd : National Bank Financial raises price target to C$74 from C$71
* Baja Mining : Canaccord Genuity cuts target to to C$1 from C$1.65; rating buy
* Baja Mining : Mackie cuts price target to C$1.10 from C$2, rating buy
* Baja Mining : Raymond James Cuts to market perform from outperform
* Baja Mining : Haywood Research cuts price target by C$0.90 to C$0.85
* BNK Petroleum Inc : Paradigm capital cuts price target to C$5 from C$7
* Bowood Energy Inc : Haywood securities cuts price target by C$0.15 to C$0.25
* Calmena Energy Services Inc : TD Securities starts with buy
* Canadian National Railway : CIBC raises price target to C$92 from C$90
* Canadian National Railway : Canaccord Genuity raises to buy from hold
* Canadian National Railway : Barclays raises price target to C$84 from C$82
* Canadian National Railway : TD Securities raises price target to C$93 from C$90
* Canadian National Railway : National Bank Financial raises to outperform
* Canadian National Railway : Citigroup raises target to $85 from $80; rating neutral
* Canadian Utilities Ltd : National Bank Financial raises target to C$68 from C$65
* Canfor Pulp Products Inc : Raymond James Cuts to outperform from strong buy
* Dundee REIT : RBC Capital Markets cuts to sector perform from outperform
* Elgin Mining : Paradigm capital starts with speculative buy rating
* Fission Energy Corp : Versant partners raises target price to C$1.20 from C$1.05
* GMP Capital : Macquarie cuts target price to C$6 from C$6.50, underperform rating
* IC Potash : Macquarie starts with an outperform rating
* Intact Financial Corp : TD Securities raises price target to C$66 from C$65
* Mirabela Nickel : CIBC cuts target to C$0.65 from C$0.75; rating sector performer
* Mirabela Nickel : UBS cuts price target to C$1.25 from C$2, rating neutral
* MBAC Fertilizer : Canaccord Genuity ups target to C$4.75 from C$4.70; rating buy
* New Gold Inc : RBC cuts price target to C$12 from C$14; rating sector perform
* New Gold Inc : Rbc cuts price target to C$12 from C$14; rating sector perform
* NovaGold Resources Inc : National Bank Financial cuts price target to C$8 from C$9
* Rocky Mountain Dealerships :TD Securities ups target price to C$14.50 from C$13.50
* Scott’s REIT : Dundee raises price target to C$4.75 from C$4.50; rating sell
* Shoppers Drug Mart : RBC raises price target to C$49 from C$48, rating outperform
* Shoppers Drug Mart Corp : TD Securities cuts price target to C$44 from C$46
* Torstar Corp : Canaccord genuity cuts to hold from buy
* Torstar Corp : Canaccord genuity cuts price target to C$10.75 from C$11.75
* Trelawney Mining and Exploration : Stonecap starts with outperform
* TSO3 : Canaccord Genuity cuts price target to C$3.25 from C$3.40
* Western Forest Products Inc : TD securities starts with buy rating
* Westernzagros Resources : Macquarie raises target price to C$1.35 from C$1.25
* Westernzagros Resources : Raymond James Raises target price to C$0.80 from C$0.75
