Canada Research Roundup: Cameco, National Bank of Canada, Scotiabank

Nevada Copper

11/04/2022 08:38

April 11 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Cameco, National Bank of Canada and Scotiabank, on Monday. 
    
    HIGHLIGHTS    
     * Cameco Corp  CCO.TO : RBC raises to outperform from sector perform 
     * Canadian Western Bank  CWB.TO : CIBC cuts to neutral from outperformer  
     * National Bank of Canada  NA.TO : CIBC raises to outperformer from neutral 
     * Royal Bank of Canada  RY.TO : CIBC raises to outperformer from neutral 
     * Scotiabank  BNS.TO : CIBC cuts to neutral from outperformer 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     
     * Altagas Ltd  ALA.TO : Credit Suisse raises target price to C$35 from C$31 
     * Bank of Montreal  BMO.TO : CIBC cuts target price to C$150 from C$156 
     * BCE Inc  BCE.TO : RBC raises target price to C$69 from C$66 
     * Boralex Inc  BLX.TO : National Bank of Canada raises target price to C$48 from C$44 
     * Cameco Corp  CCO.TO : RBC raises to outperform from sector perform 
     * Cameco Corp  CCO.TO : RBC raises target price to C$50 from C$30 
     * Canadian Western Bank  CWB.TO : CIBC cuts target price to C$38 from C$45 
     * Canadian Western Bank  CWB.TO : CIBC cuts to neutral from outperformer 
     * Cogeco Communications Inc  CCA.TO : RBC raises target price to C$127 from C$126 
     * Corus Entertainment Inc  CJRb.TO : TD Securities cuts target price to C$7.50 from C$10 
     * Enbridge Inc  ENB.TO : Credit Suisse raises target price to C$62 from C$58 
     * Gibson Energy Inc  GEI.TO : Credit Suisse raises target price to C$27 from C$25 
     * Goodfood market Corp  FOOD.TO : RBC cuts target price to C$3 from C$3.75 
     * Keyera Corp  KEY.TO : Credit Suisse raises target price to C$40.5 from C$37 
     * Laurentian Bank of Canada  LB.TO : CIBC cuts target price to C$44 from C$48 
     * MTY Food Group Inc  MTY.TO : Acumen Capital cuts target price to C$76 from C$77 
     * MTY Food Group Inc  MTY.TO : CIBC raises target price to C$77 from C$76 
     * MTY Food Group Inc  MTY.TO : RBC raises target price to C$68 from C$66 
     * MTY Food Group Inc  MTY.TO : Scotiabank raises target price to C$63 from C$60 
     * National Bank of Canada  NA.TO : CIBC cuts target price to C$102 from C$108 
     * National Bank of Canada  NA.TO : CIBC raises to outperformer from neutral 
     * Nevada Copper Corp  NCU.TO : Haywood Securities raises to buy from hold
     * Nevada Copper Corp  NCU.TO : Haywood Securities raises target price to C$0.8 from C$0.75 
     * Nexgen Energy Ltd  NXE.TO : RBC raises target price to C$10 from C$7 
     * Pembina Pipeline Corp  PPL.TO : Credit Suisse raises target price to C$56 from C$47 
     * Richelieu Hardware Ltd  RCH.TO : CIBC cuts target price to C$47 from C$55 
     * Rogers Communications Inc  RCIb.TO : RBC raises target price to C$75 from C$72 
     * Royal Bank of Canada  RY.TO : CIBC cuts target price to C$149 from C$151 
     * Royal Bank of Canada  RY.TO : CIBC raises to outperformer from neutral 
     * Scotiabank  BNS.TO : CIBC cuts target price to C$94 from C$105 
     * Scotiabank  BNS.TO : CIBC cuts to neutral from outperformer 
     * TCP Energy Corp  TRP.TO : Credit Suisse raises target price to C$80 from C$74 
     * Telus Corp  T.TO : RBC raises target price to C$37 from C$36 
     * Toronto-Dominion Bank  TD.TO : CIBC cuts target price to C$103 from C$115 
     * Toronto-Dominion Bank  TD.TO : CIBC cuts to neutral from outperformer 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))