Canada Research Roundup: Canadian National Railway, Canadian Pacific Railway, Franco-Nevada

Linamar

10/03/2022 07:10

March 10 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canadian National Railway, Canadian Pacific Railway and
Franco-Nevada, on Thursday. 
    
    HIGHLIGHTS    
     * Canadian National Railway Co  CNR.TO : JP Morgan resumes coverage with neutral rating
     * Canadian Pacific Railway Ltd  CP.TO : JP Morgan resumes coverage with overweight rating
     * Franco-Nevada Corp  FNV.TO : CIBC raises target price to C$260 from C$240 
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 

     * AG Growth International Inc  AFN.TO : CIBC raises target price to C$51 from C$47 
     * Canadian National Railway Co  CNR.TO : JP Morgan resumes coverage with neutral rating
     * Canadian National Railway Co  CNR.TO : JP Morgan resumes coverage with target price C$171 
     * Canadian Pacific Railway Ltd  CP.TO : JP Morgan resumes coverage with overweight rating
     * Canadian Pacific Railway Ltd  CP.TO : JP Morgan resumes coverage with target price C$113 
     * Franco-Nevada Corp  FNV.TO : CIBC raises target price to C$260 from C$240 
     * Interrent REIT  IIP_u.TO : CIBC cuts target price to C$18.5 from C$19.5 
     * Linamar Corp  LNR.TO : CIBC cuts target price to C$90 from C$95 
     * Minto Apartment REIT  MI_u.TO : Canaccord Genuity raises PT to C$28.50 from C$26.50 
     * Minto Apartment REIT  MI_u.TO : CIBC cuts target price to C$26.5 from C$27 
     * Pet Valu Holdings Ltd  PET.TO : CIBC cuts target price to C$42 from C$43 
     * Pet Valu Holdings Ltd  PET.TO : National Bank of Canada raises PT to C$37 from C$35 
     * Pet Valu Holdings Ltd  PET.TO : RBC raises target price to C$42 from C$40 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))