Canada Research Roundup: GFL Environmental, Precision Drilling, Topaz Energy

Sherritt International

28/07/2023 08:24

July 28 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including GFL Environmental, Precision Drilling and Topaz Energy, on
Friday. 
    
    HIGHLIGHTS    
   
                 * GFL Environmental Inc  GFL.TO : ATB Capital Markets raises target price to C$58 from C$56 
 
                 * Precision Drilling Corp  PD.TO : RBC raises target price to C$118 from C$100 
 
                 * Topaz Energy Corp  TPZ.TO : Stifel raises target price to C$24.75 from C$24.50 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
 
                 * Aecon Group Inc  ARE.TO : ATB Capital Markets cuts target price to C$16.25 from C$18 
 
                 * Aecon Group Inc  ARE.TO : RBC cuts target price to C$12 from C$14 
 
                 * Airboss of America Corp  BOS.TO : National Bank of Canada cuts target to C$11 from C$12 
 
                 * Canadian Pacific Kansas City  CP.TO : RBC cuts target price to C$124 from C$125 
 
                 * Canadian Tire Corporation Ltd  CTCa.TO : National Bank of Canada cuts PT to C$193 from C$195 
 
                 * Cenovus Energy Inc  CVE.TO : National Bank of Canada cuts target price to C$31 from C$33 
 
                 * GFL Environmental Inc  GFL.TO : ATB Capital Markets raises target price to C$58 from C$56 
 
                 * New Gold Inc  NGD.TO : National Bank of Canada cuts target price to C$1.75 from C$2 
 
                 * North American Construction Group Ltd  NOA.TO : ATB Capital Markets raises PT to C$43 from C$32 
 
                 * Precision Drilling Corp  PD.TO : RBC raises target price to C$118 from C$100 
 
                 * Sherritt International Corp  S.TO : National Bank of Canada cuts PT to C$0.65 from C$0.7 
 
                 * Storagevault Canada Inc  SVI.TO : National Bank of Canada cuts PT to C$5.5 from C$6.25 
 
                 * Storagevault Canada Inc  SVI.TO : RBC cuts target price to C$6.5 from C$7.5 
 
                 * Tamarack Valley Energy Ltd  TVE.TO : ATB Capital Markets cuts target to C$6.5 from C$7 
 
                 * Tamarack Valley Energy Ltd  TVE.TO : Stifel raises target price to C$5.5 from C$5 
 
                 * Teck Resources Ltd  TECKb.TO : National Bank of Canada raises to outperform from sector perform 
 
                 * Teck Resources Ltd  TECKb.TO : National Bank of Canada raises target price to C$70 from C$67 
 
                 * Topaz Energy Corp  TPZ.TO : Stifel raises target price to C$24.75 from C$24.50 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))