Canada Research Roundup: Canadian Western Bank, First Quantum Minerals, Nevsun Resources

Ascendant Resources

11/10/2018 11:49

Oct 11 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian Western Bank, First Quantum Minerals Ltd and Nevsun
Resources Ltd, on Thursday. 
    
  HIGHLIGHTS
     * Canadian Western Bank  CWB.TO : Canaccord Genuity raises to buy from hold
     * First Quantum Minerals Ltd  FM.TO : Canaccord Genuity raises to buy from hold
     * Nevsun Resources Ltd  NSU.TO : Canaccord Genuity cuts to hold from buy
     * SNC-Lavalin Group Inc  SNC.TO : TD Securities cuts to buy from action list buy
     * MTY Food Group Inc  MTY.TO : Laurentian Bank raises price target to C$65 from C$57
    
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.   
    
    
     * Agnico Eagle Mines Ltd  AEM.TO : National Bank of Canada cuts target to C$54 from C$62
     * Air Canada  AC.TO : National Bank of Canada cuts target price to C$29 from C$30
     * Alacer Gold Corp  ASR.TO : National Bank of Canada cuts target price to C$3.75 from C$4
     * Alamos Gold Inc  AGI.TO : National Bank of Canada cuts target price to C$8.75 from C$9
     * Almaden Minerals Ltd  AMM.TO : National Bank of Canada cuts target to C$1.2 from C$1.5
     * Artis Real Estate Investment Trust  AX_u.TO : CIBC cuts target price to C$13.5 from C$14
     * Ascendant Resources Inc  ASND.TO : Canaccord Genuity cuts target to C$1.10 from C$1.25
     * Atlantic Gold Corp  AGB.V : National Bank of Canada cuts target price to C$2.75 from C$3
     * B2Gold Corp  BTO.TO : National Bank of Canada cuts target price to C$6 from C$6.5
     * Blackpearl Resources Inc  PXX.TO : Desjardins raises target price to C$1.85 from C$1.75
     * Boralex Inc  BLX.TO : CIBC cuts target price to C$24.5 from C$26
     * Canadian Western Bank  CWB.TO : Canaccord Genuity raises to buy from hold
     * Capstone Mining Corp  CS.TO : Canaccord Genuity cuts target price to C$1.15 from C$1.40
     * Capstone Mining Corp  CS.TO : Eight Capital cuts price target to C$1.35 from C$1.50
     * Capstone Mining Corp  CS.TO : National Bank of Canada cuts target to C$1 from C$1.25
     * Celestica  CLS.TO : Macquarie ups rating to outperform;raises TP to C$17.80 from C$16.90
     * Centerra Gold Inc  CG.TO : National Bank of Canada cuts target price to C$7 from C$7.25
     * Cominar REIT  CUF_u.TO : CIBC cuts target price to C$13.5 from C$14
     * Detour Gold Corp  DGC.TO : National Bank of Canada cuts target price to C$16 from C$17
     * Ero Copper Corp  ERO.TO : Canaccord Genuity raises target price to C$14.5 from C$14
     * Falco Resources Ltd  FPC.V : National Bank of Canada cuts target to C$1.15 from C$1.30
     * First Majestic Silver  FR.TO : National Bank of Canada cuts target to C$9.25 from C$9.5
     * First Quantum Minerals Ltd  FM.TO : Canaccord Genuity raises target to C$19.5 from C$18
     * First Quantum Minerals Ltd  FM.TO : Canaccord Genuity raises to buy from hold
     * First Quantum Minerals Ltd  FM.TO : National Bank of Canada cuts target price to C$18.25 from C$21.25
     * Fortuna Silver Mines Inc  FVI.TO : Canaccord Genuity cuts target to C$7.50 from C$10
     * Fortuna Silver Mines Inc  FVI.TO : National Bank of Canada cuts target to C$7.5 from C$8
     * Franco-Nevada Corp  FNV.TO : National Bank of Canada cuts target to C$92.5 from C$105
     * Goeasy Ltd  GSY.TO : Desjardins raises target price to C$58 from C$55
     * Goeasy Ltd  GSY.TO : Raymond James cuts price target to C$65 from C$67.50
     * Goldcorp Inc  G.TO : National Bank of Canada cuts target price to C$25 from C$25.5
     * H&R REIT  HR_u.TO : CIBC cuts target price to C$24.5 from C$25.5
     * Hudbay Minerals Inc  HBM.TO : Canaccord Genuity cuts target price to C$8.5 from C$9.75
     * IAMGOLD Corp  IMG.TO : National Bank of Canada cuts target price to C$9.25 from C$10.5
     * Imperial Metals Corp  III.TO : Canaccord Genuity raises target price to C$1 from C$0.90
     * Ivanhoe Mines Ltd  IVN.TO : Canaccord Genuity raises target price to C$8.50 from C$8.25
     * Kinross Gold Corp  K.TO : National Bank of Canada cuts target price to C$5.5 from C$6.5
     * Leagold Mining Corp  LMC.TO : CIBC cuts target price to C$4.25 from C$5
     * Leagold Mining Corp  LMC.TO : National Bank of Canada cuts target to C$3.5 from C$4.25
     * Lundin Mining Corp  LUN.TO : Canaccord Genuity cuts target price to C$8.5 from C$9.25
     * Lundin Mining Corp  LUN.TO : National Bank of Canada cuts target to C$9.5 from C$10
     * Mag Silver Corp  MAG.TO : National Bank of Canada cuts target price to C$20 from C$24
     * Maverix Metals Inc  MMX.V : National Bank of Canada raises target to C$2.7 from C$2.5
     * Morguard REIT  MRT_u.TO : CIBC cuts target price to C$13.50 from C$14
     * MTY Food Group Inc  MTY.TO : Laurentian Bank raises price target to C$65 from C$57
     * MTY Food Group Inc  MTY.TO : TD Securities raises price target to C$62 from C$58
     * Nevsun Resources Ltd  NSU.TO : Canaccord Genuity cuts to hold from buy
     * New Gold Inc  NGD.TO : National Bank of Canada cuts target price to C$1.6 from C$1.7
     * Oceanagold Corp  OGC.TO : National Bank of Canada cuts target to C$4.25 from C$4.5
     * Osisko Gold Royalties  OR.TO : National Bank of Canada cuts target to C$13.5 from C$15
     * Parkland Fuel Corp  PKI.TO : Desjardins raises target price to C$50 from C$47
     * Parkland Fuel Corp  PKI.TO : TD Securities raises price target to C$54 from C$45
     * Sabina Gold & Silver  SBB.TO : National Bank of Canada cuts target to C$2.75 from C$3
     * Sandstorm Gold Ltd  SSL.TO : National Bank of Canada cuts target to C$7.5 from C$8.5
     * Seabridge Gold Inc  SEA.TO : Canaccord Genuity cuts target price to C$26 from C$28
     * Semafo Inc  SMF.TO : National Bank of Canada cuts target price to C$5 from C$5.5
     * Sherritt International  S.TO : National Bank of Canada cuts target to C$1.5 from C$1.75
     * SNC-Lavalin Group  SNC.TO : CIBC cuts to neutral from outperformer; cuts TP to C$52 
     * SNC-Lavalin Group Inc  SNC.TO : BMO cuts target price to C$60 from C$70
     * SNC-Lavalin Group Inc  SNC.TO : Desjardins cuts target price to C$72 from C$75
     * SNC-Lavalin Group Inc  SNC.TO : Laurentian Bank cuts price target to C$60 from C$67
     * SNC-Lavalin Group Inc  SNC.TO : TD Securities cuts price target to C$62 from C$77
     * SNC-Lavalin Group Inc  SNC.TO : TD Securities cuts to buy from action list buy
     * Source Energy Services Ltd  SHLE.TO : Morgan Stanley cuts target to C$4.5 from C$6.5
     * SSR Mining Inc  SSRM.TO : National Bank of Canada cuts target price to C$15 from C$17
     * Tahoe Resources Inc  THO.TO : National Bank of Canada cuts target to C$4.25 from C$5
     * Teck Resources  TECKb.TO : Canaccord Genuity raises target to C$40.50 from C$40
     * Teck Resources  TECKb.TO : National Bank of Canada raises target to C$44 from C$42.25
     * Titan Mining Corp  TI.TO : Canaccord Genuity cuts target price to C$1.80 from C$2.25
     * Titan Mining Corp  TI.TO : National Bank of Canada cuts target to C$1.6 from C$1.75
     * TMAC Resources Inc  TMR.TO : National Bank of Canada cuts target price to C$8 from C$8.5
     * Trevali Mining Corp  TV.TO : Canaccord Genuity cuts target price to C$1.50 from C$1.75
     * Trevali Mining Corp  TV.TO : National Bank of Canada cuts target to C$1.05 from C$1.10
     * Troilus Gold Corp  TLG.V : National Bank of Canada cuts target to C$2.80 from C$3.25
     * Wheaton Precious Metals Corp  WPM.TO : National Bank of Canada cuts TP to C$32 from C$35
     * Yamana Gold Inc  YRI.TO : National Bank of Canada cuts target to C$5.75 from C$6.5
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))