April 3 (Reuters) – Securities analysts revised their ratings and price targets on several
Canadian companies, including TransCanada and Secure Energy, on Wednesday.
HIGHLIGHTS
* TransCanada : CIBC raises price target to C$53 from C$52
* Alexco :Canaccord Genuity cuts target to C$5.90 from C$6; rating speculative buy
* Thomson Reuters : TD Securities raises price target to C$35 from C$33
* Secure Energy : Canaccord Genuity raises target to C$14 from C$12.50; rating buy
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
* Absolute Software : BMO raises to outperform from market perform
* Absolute Software : BMO raises price target to C$8.50 from C$6.00
* Alexco :Canaccord Genuity cuts target to C$5.90 from C$6; rating speculative buy
* Bri-Chem : CIBC cuts target price to C$2.35 from C$2.75; rating sector performer
* Canadian Pacific : RBC raises target to C$104 from C$100; rating sector perform
* CI Financial : Canaccord Genuity raises target to C$31 from C$29.50; rating buy
* First Quantum : CIBC raises target price to C$27 from C$24; rating sector performer
* Imperial Metals : TD Securities raises price target to C$18 from C$17.50
* Interrent REIT : Dundee raises price target to C$7.25 from C$7
* MAG Silver : Canaccord Genuity cuts target to C$16.25 from C$17;rating speculative
* MBAC Fertilizer : Raymond James cuts target price to C$3 from C$4.25
* Parkland Fuel :CIBC raises target to C$20 from C$19.50; rating sector outperformer
* Premier Royalty Inc : RBC starts with outperform rating; price target of C$2
* Redknee : Canaccord raises target to C$3.80 from C$1.50; rating speculative buy
* Secure Energy : Canaccord Genuity raises target to C$14 from C$12.50; rating buy
* Sterling Resources : Dundee cuts price target to C$1.10 from C$1.15; rating neutral
* Tahoe Resources : Raymond James raises rating to outperform from market perform
* Tahoe Resources : Raymond James raises price target to C$23 from C$21
* Thomson Reuters : TD Securities raises price target to C$35 from C$33
* TransCanada : CIBC raises price target to C$53 from C$52
* TriOil Resources : Raymond James raises target price to C$4 from C$3.75
* TriOil Resources : TD Securities cuts target to C$3.50 from C$3.75; rating hold
* Teranga Gold : CIBC cuts price target to C$2.25 from C$2.50
* Tumi Resources : Credit Suisse reinstates coverage with outperform
* Waldron : Raymond James cuts target to C$0.55 from C$0.80; rating market perform
* Westjet Airlines : NBF raises price target to C$28 from C$27; rating outperform
(Compiled by Avik Das and Tej Sapru in Bangalore)
