Canada Research Roundup: Ero Copper, Royal Bank of Canada, TD Bank Group

American Lithium

06/06/2024 09:46

June 6 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Ero
Copper, Royal Bank of Canada and TD Bank Group, on Thursday.
        
  
        HIGHLIGHTS       
    
                 * Canadian Imperial Bank of Commerce  CM.TO : Jefferies raises target price to C$79 from C$78
 
                 * Ero Copper Corp  ERO.TO : Jefferies cuts target price to C$29 from C$30
 
                 * National Bank of Canada  NA.TO : Jefferies cuts target price to C$121 from C$123
 
                 * Royal Bank of Canada  RY.TO : Jefferies raises target price to C$168 from C$159
 
                 * TD Bank Group  TD.TO : Jefferies cuts target price to C$73 from C$76
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in alphabetical
order.
    
                 * American Lithium Corp  LI.V : National Bank of Canada initiates coverage with outperform rating; target price
 C$1.5
 
                 * Canadian Imperial Bank of Commerce  CM.TO : Jefferies raises PT to C$79 from C$78
 
                 * D2L Inc  DTOL.TO : Raymond James cuts target price to C$12 from C$13
 
                 * Dundee Precious Metals Inc  DPM.TO : Jefferies raises target price to C$15 from C$13
 
                 * Ero Copper Corp  ERO.TO : Jefferies cuts target price to C$29 from C$30
 
                 * G Mining Ventures Corp  GMIN.TO : Jefferies cuts target price to C$2 from C$2.25
 
                 * Laurentian Bank of Canada  LB.TO : Jefferies cuts target price to C$26 from C$28
 
                 * Lithium Americas Corp  LAC.TO : National Bank of Canada initiates coverage with sector perform rating
 
                 * Lithium Americas Corp  LAC.TO : National Bank of Canada initiates coverage with target price C$7
 
                 * Lithium Royalty Corp  LIRC.TO : National Bank of Canada initiates coverage with outperform rating
 
                 * Lithium Royalty Corp  LIRC.TO : National Bank of Canada initiates coverage with target price C$9.5
 
                 * Lundin Gold Inc  LUG.TO : Jefferies raises target price to C$24 from C$23
 
                 * National Bank of Canada  NA.TO : Jefferies cuts target price to C$121 from C$123
 
                 * North West Company Inc  NWC.TO : CIBC raises target price to C$44 from C$43
 
                 * Patriot Battery Metals Inc  PMET.TO : National Bank of Canada initiates coverage with outperform rating
 
                 * Patriot Battery Metals Inc  PMET.TO : National Bank of Canada initiates coverage with target price C$12
 
                 * Royal Bank of Canada  RY.TO : Jefferies raises target price to C$168 from C$159
 
                 * Scotiabank  BNS.TO : Jefferies cuts target price to C$64 from C$69
 
                 * Stingray Group Inc  RAYa.TO : CIBC raises target price to C$10.5 from C$10
 
                 * TD Bank Group  TD.TO : Jefferies cuts target price to C$73 from C$76
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))