June 14 (Reuters) – Securities analysts revised their ratings and price targets on several
Canadian companies, including Agrium and Fortis, on Friday.
HIGHLIGHTS
* Dorel Industries : BMO cuts price target to C$37 from C$44
* Agrium Inc : National Bank Financial cuts price target to C$84.50 from C$87
* Fortis Inc : Canaccord Genuity raises to buy from hold
* Lundin Mining Corp : Canaccord Genuity raises price target to C$5.10 from C$4.90
Following is a summary of research actions on Canadian companies reported by Reuters on
Friday. Stock entries are in alphabetical order.
* Agrium Inc : National Bank Financial cuts price target to C$84.50 from C$87
* Calfrac Well Services Ltd : Raymond James raises price target to C$33 from C$30
* Canyon Services Group Inc : Raymond James raises price target to C$14 from C$13
* Detour Gold : Credit Suisse reinstates coverage with outperform; price target C$27
* Dorel Industries : BMO cuts price target to C$37 from C$44
* Dorel Industries Inc : TD Securities cuts price target to C$48 from C$51
* Fortis Inc : Barclays cuts price target to C$34 from C$36; rating equal weight
* Fortis Inc : Canaccord Genuity raises to buy from hold
* Iamgold Corp : Global Hunter Securities starts with buy rating
* Lundin Mining Corp : Canaccord Genuity raises price target to C$5.10 from C$4.90
* Lundin Mining Corp : Paradigm Capital raises price target to C$9 from C$8.50
* Santacruz Silver Mining : Canaccord Genuity cuts price target to C$3.35
* Southern Pacific Resource : BMO cuts to speculative market perform
* Transat AT Inc : Canaccord Genuity raises price target to C$10 from C$8.50
* Transat AT Inc : CIBC raises price target C$6.50 from C$5.25
* Transat AT Inc : TD Securities raises price target to C$10 from C$9.50
* Trican Well Service Ltd : Raymond James raises to outperform from market perform
* Trican Well Service Ltd : Raymond James raises price target to C$18 from C$15
(Compiled by Neha Dimri in Bangalore)
