Bombardier, CAE, Stelco Holdings
July 2 (Reuters) -Securities analysts revised their ratings and price targets on several Canadian companies, including Bombardier, CAE and Stelco Holdings, on Tuesday.
HIGHLIGHTS
* Aecon Group Inc ARE.TO: Stifel cuts target price to C$16.25 from C$18.25 |
* Bombardier BBDb.TO: RBC raises target price to C$133 from C$99 |
* CAE Inc CAE.TO: RBC cuts target price to C$30 from C$31 |
* Stelco Holdings Inc STLC.TO: RBC cuts target price to C$43 from C$47 |
* Tecsys Inc TCS.TO: Cormark Securities cuts target price to C$41 from C$45 |
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
* Aecon Group Inc ARE.TO: BMO cuts target price to C$17.5 from C$18.5 |
* Aecon Group Inc ARE.TO: BMO cuts to market perform from outperform |
* Aecon Group Inc ARE.TO: Stifel cuts target price to C$16.25 from C$18.25 |
* Aecon Group Inc ARE.TO: TD Cowen cuts target price to C$17 from C$18 |
* Bank of Montreal BMO.TO: UBS initiates coverage with neutral rating; target price C$122 |
* Boat Rocker Media Inc BRMI.TO: RBC cuts target price to C$3 from C$4 |
* Boat Rocker Media Inc BRMI.TO: TD Cowen raises target price to C$1.75 from C$1.65 |
* Bombardier BBDb.TO: RBC raises target price to C$133 from C$99 |
* CAE Inc CAE.TO: RBC cuts target price to C$30 from C$31 |
* Canadian Imperial Bank of Commerce CM.TO: UBS initiates coverage with neutral rating |
* Canadian Imperial Bank of Commerce CM.TO: UBS initiates coverage with PT C$70 |
* Denison Mines Corp DML.TO: Scotiabank initiates coverage with price target C$3.75 |
* Denison Mines Corp DML.TO: Scotiabank initiates coverage with sector outperform rating |
* Emera Inc EMA.TO: National Bank of Canada cuts target price to C$48 from C$50 |
* National Bank of Canada NA.TO: UBS initiates coverage with buy rating; PT C$123 |
* Royal Bank of Canada RY.TO: UBS initiates coverage with buy rating; PT C$165 |
* Russel Metals Inc RUS.TO: RBC cuts target price to C$43 from C$47 |
* Scotiabank BNS.TO: UBS initiates coverage with neutral rating; target price C$67 |
* Stelco Holdings Inc STLC.TO: RBC cuts target price to C$43 from C$47 |
* TD Bank Group TD.TO: UBS initiates coverage with neutral rating; target price C$82 |
* Tecsys Inc TCS.TO: Cormark Securities cuts target price to C$41 from C$45 |
* Topaz Energy Corp TPZ.TO: National Bank of Canada raises PT to C$28.5 from C$27.5 |
(Compiled by Bengaluru Newsroom)
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