Canada Research Roundup: CAE, First Quantum Minerals, MDA

Linamar

20/01/2022 07:36

Jan 20 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including CAE, First Quantum Minerals and MDA, on Thursday. 
    
    HIGHLIGHTS    
     * CAE Inc  CAE.TO : National Bank of Canada raises target price to C$45 from C$44
     * First Quantum Minerals Ltd  FM.TO : CIBC raises target price to C$40 from C$37
     * Linamar Corp  LNR.TO : TD Securities cuts target price to C$98 from C$100
     * MDA Ltd  MDA.TO : RBC initiates coverage with outperform rating and C$13 price target
        
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     * Alamos Gold  AGI.TO : National Bank of Canada cuts target price to C$10.50 from C$11.50
     * CAE Inc  CAE.TO : National Bank of Canada raises target price to C$45 from C$44
     * First Quantum Minerals Ltd  FM.TO : CIBC raises target price to C$40 from C$37
     * First Quantum Minerals Ltd  FM.TO : JP Morgan cuts target price to C$36 from C$37
     * Heroux Devtek Inc  HRX.TO : National Bank of Canada raises target price to C$26 from C$23
     * Linamar Corp  LNR.TO : TD Securities cuts target price to C$98 from C$100
     * MDA Ltd  MDA.TO : RBC initiates coverage with outperform rating and C$13 price target
     * Sigma Lithium  SGML.V : National Bank of Canada raises target price to C$17 from C$13
     * Thinkific Labs Inc  THNC.TO : CIBC cuts target price to C$15 from C$18
   

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