Canada Research Roundup: Altius Minerals, Ivanhoe Mines, Teck Resources

Arizona Metals

28/06/2023 13:16

June 28 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Altius Minerals, Ivanhoe Mines and Teck Resources, on
Wednesday. 
    
    HIGHLIGHTS    
    
     * Altius Minerals Corp  ALS.TO : Scotiabank raises target price to C$22 from C$21
     * Cameco Corp  CCO.TO : Scotiabank cuts target price to C$49 from C$50
     * Ivanhoe Mines Ltd  IVN.TO : Scotiabank cuts target price to C$15 from C$16
     * Rogers Communications Inc  RCIb.TO : National Bank of Canada raises PT to C$79 from C$76
     * Teck Resources Ltd  TECKb.TO : Scotiabank cuts target price to C$72 from C$75
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * Altius Minerals Corp  ALS.TO : Scotiabank raises target price to C$22 from C$21
     * Arizona Metals Corp  AMC.TO : Scotiabank cuts target price to C$6.75 from C$8
     * Cameco Corp  CCO.TO : Scotiabank cuts target price to C$49 from C$50
     * First Quantum Minerals Ltd  FM.TO : Scotiabank cuts target price to C$40 from C$41
     * Foran Mining Corp  FOM.TO : Scotiabank cuts target price to C$4 from C$4.25
     * Hudbay Minerals Inc  HBM.TO : Scotiabank cuts target price to C$10.5 from C$11
     * Innergex Renewable Energy Inc  INE.TO : Scotiabank cuts target price to C$17.25 from C$19.25
     * Ivanhoe Mines Ltd  IVN.TO : Scotiabank cuts target price to C$15 from C$16
     * Labrador Iron Ore Royalty Corp  LIF.TO : Scotiabank cuts target price to C$34 from C$35
     * Northland Power Inc  NPI.TO : Scotiabank cuts target price to C$37.5 from C$41.5
     * Rogers Communications Inc  RCIb.TO : National Bank of Canada raises PT to C$79 from C$76
     * Sigma Lithium Corp  SGML.V : Cormark Securities raises target price to C$72 from C$56
     * Taseko Mines Ltd  TKO.TO : Scotiabank cuts target price to C$2.4 from C$2.5
     * Teck Resources Ltd  TECKb.TO : Scotiabank cuts target price to C$72 from C$75
     * Tidewater Renewables Ltd  LCFS.TO : Scotiabank cuts target price to C$15 from C$16
     * TMX Group  X.TO : Barclays initiates coverage with equal-weight rating and target C$30
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))