Canada Research Roundup: Altus Group, First Quantum Minerals, Telus

Lithium Ionic

21/05/2024 13:14

May 21 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Altus Group, First Quantum Minerals and Telus, on Tuesday.
    
    HIGHLIGHTS    
      
                 * Altus Group Ltd  AIF.TO : CIBC raises target price to C$53 from C$51 
 
                 * First Quantum Minerals Ltd  FM.TO : BMO cuts to market perform from outperform
 
                 * Telus Corp  T.TO : TD Cowen raises target price to C$27 from C$25 
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
     
                 * Altus Group Ltd  AIF.TO : CIBC raises target price to C$53 from C$51 
 
                 * Altus Group Ltd  AIF.TO : Scotiabank raises target price to C$53 from C$49 
 
                 * Altus Group Ltd  AIF.TO : TD Cowen cuts target price to C$55 from C$59 
 
                 * Ats Corp  ATS.TO : RBC cuts target price to C$60 from C$65 
 
                 * Critical Elements Lithium Corp  CRE.V : Stifel cuts target price to C$2.65 from C$3.25 
 
                 * Ero Copper Corp  ERO.TO : BMO raises target price to C$35 from C$32 
 
                 * Extendicare Inc  EXE.TO : RBC raises target price to C$8.5 from C$8 
 
                 * First Quantum Minerals Ltd  FM.TO : BMO cuts to market perform from outperform 
 
                 * First Quantum Minerals Ltd  FM.TO : BMO raises target price to C$19 from C$17 
 
                 * Franco-Nevada Corp  FNV.TO : BMO cuts target price to C$201 from C$205 
 
                 * Frontier Lithium Inc  FL.V : Stifel cuts target price to C$3 from C$4.80 
 
                 * Hudbay Minerals Inc  HBM.TO : BMO raises target price to C$17 from C$15 
 
                 * Lithium Ionic Corp  LTH.V : Stifel cuts target price to C$4 from C$5.50 
 
                 * Lundin Mining Corp  LUN.TO : BMO raises target price to C$19.5 from C$16.5 
 
                 * Patriot Battery Metals Inc  PMET.TO : Stifel cuts target price to C$15 from C$16 
 
                 * Standard Lithium Ltd  SLI.V : Stifel cuts target price to C$5 from C$9 
 
                 * Telus Corp  T.TO : TD Cowen raises target price to C$27 from C$25 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))