Canada Research Roundup: Air Canada, George Weston, Thomson Reuters

Frontier Lithium

08/05/2023 08:18

May 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Air Canada, George Weston and Thomson Reuters, on Monday.
    
    HIGHLIGHTS    
    
     * Air Canada  AC.TO : Citigroup raises to buy from neutral
     * George Weston Ltd  WN.TO : Scotiabank raises target price to C$183 from C$181
     * Thomson Reuters Corp  TRI.TO : National Bank of Canada raises to outperform from sector
 perform
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
       
     * Air Canada  AC.TO : Citigroup raises to buy from neutral
     * Air Canada  AC.TO : Citigroup raises price target to C$25 from C$21.5
     * Altus Group Ltd  AIF.TO : Scotiabank cuts target price to C$59 from C$69
     * Altus Group Ltd  AIF.TO : TD Securities cuts target price to C$65 from C$75
     * American Hotel Income Properties REIT LP  HOT_u.TO : CIBC cuts PT to C$2.25 from C$2.50
     * American Hotel Income Properties REIT LP  HOT_u.TO : National Bank of Canada raises PT to
 C$3 from C$2.75
     * Andlauer Healthcare Group Inc  AND.TO : Scotiabank cuts PT to C$52 from C$55
     * ARC Resources Ltd  ARX.TO : National Bank of Canada raises PT to C$23 from C$18.5
     * Baytex Energy Corp  BTE.TO : Stifel FirstEnergy cuts target price to C$6.25 from C$7
     * Black Diamond Group Ltd  BDI.TO : Canaccord Genuity cuts PT to C$8.25 from C$8.50
     * Chartwell Retirement Residences  CSH_u.TO : CIBC raises target price to C$12 from C$11
     * Dundee Precious Metals  DPM.TO : National Bank of Canada raises PT to C$14.5 from C$13.5
     * Frontier Lithium Inc  FL.V : Canaccord Genuity cuts target price to C$4.5 from C$5.25
     * George Weston Ltd  WN.TO : Scotiabank raises target price to C$183 from C$181
     * Interfor Corp  IFP.TO : RBC cuts target price to C$32 from C$35
     * Li-FT Power Ltd  LIFT.CD : Canaccord Genuity initiates with speculative buy rating; PT C$13
     * Lithium Americas Corp  LAC.TO : Canaccord Genuity raises target price to C$55 from C$50
     * NFI Group Inc  NFI.TO : CIBC raises target price to C$9 from C$8.50
     * Open Text Corp  OTEX.TO : Scotiabank raises target price to $50 from $43
     * Pason Systems Inc  PSI.TO : RBC cuts target price to C$19 from C$20
     * Pason Systems Inc  PSI.TO : Stifel FirstEnergy raises target price to C$15.5 from C$15
     * Plaza Retail REIT  PLZ_u.TO : RBC cuts target price to C$4.75 from C$5
     * Rock Tech Lithium Inc  RCK.V : Canaccord Genuity cuts target price to C$2.5 from C$2.75
     * Saputo Inc  SAP.TO : RBC raises target price to C$46 from C$45
     * Sigma Lithium Corp  SGML.V : Canaccord Genuity raises PT to C$75 from C$67
     * Slate Grocery REIT  SGRu.TO : RBC cuts target price to $11 from $12
     * Standard Lithium Ltd  SLI.V : Canaccord Genuity cuts target price to C$9 from C$15
     * Thinkific Labs Inc  THNC.TO : TD Securities raises target price to C$2.5 from C$2.25
     * Thomson Reuters Corp  TRI.TO : National Bank of Canada raises to outperform from sector
 perform
     * Transalta Corp  TA.TO : CIBC raises target price to C$17 from C$16.50
     * Transalta Renewables  RNW.TO : Atb Capital Markets cuts PT to C$14 from C$15.5
     * Transalta Renewables  RNW.TO : Atb Capital Markets cuts to sector perform from outperform
     * Transalta Renewables Inc  RNW.TO : National Bank of Canada cuts PT to C$13 from C$13.25
     * Wheaton Precious Metals  WPM.TO : National Bank of Canada raises PT to C$80 from C$72.5
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))