Canada Research Roundup: Autocanada, Precision Drilling, Trican Well Service

Linamar

25/04/2022 08:52

April 25 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Autocanada, Precision Drilling and Trican Well Service, on Monday.
    
    HIGHLIGHTS    
     * Autocanada Inc  ACQ.TO : CIBC raises target price to $46.50 from $46 
     * Precision Drilling Corp  PD.TO : National Bank of Canada raises target to C$120 from C$80 
     * Trican Well Service  TCW.TO : National Bank of Canada ups 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. 

     * Boyd Group Services Inc  BYD.TO : CIBC cuts target price to C$175 from C$180 
     * Decibel Cannabis Company Inc  DB.V : Haywood Securities cuts target to C$0.50 from C$0.60 
     * Linamar Corp  LNR.TO : CIBC cuts target price to C$85 from C$90 
     * Martinrea International Inc  MRE.TO : CIBC cuts target price to C$13 from C$14 
     * Precision Drilling Corp  PD.TO : National Bank of Canada raises target to C$120 from C$80 
     * Trican Well Service  TCW.TO : National Bank of Canada ups to outperform from sector perform
     * Trican Well Service  TCW.TO : National Bank of Canada raises PT to C$6.25 from C$4 
    

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