Canada Research Roundup: Ivanhoe Mines, Softchoice, WSP Global

Sierra Metals

19/10/2021 08:31

Oct 19 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Ivanhoe Mines, Softchoice and WSP Global, on Tuesday. 
    
    HIGHLIGHTS   
     
     * Ivanhoe Mines Ltd  IVN.TO : Canaccord Genuity raises to buy from speculative buy 
     * Softchoice Corp (Ca)  SFTC.TO : CIBC initiates coverage with outperformer rating 
     * WSP Global Inc  WSP.TO : CIBC raises target price to C$180 from C$166 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 

     * Bird Construction Inc  BDT.TO : CIBC raises target price to C$12 from C$11 
     * Capstone Mining Corp  CS.TO : Canaccord Genuity raises target price to C$7 from C$6.5 
     * Champion Iron Ltd  CIA.TO : Canaccord Genuity cuts target price to C$6 from C$8 
     * Emera Inc  EMA.TO : JP Morgan cuts target price to C$59 from C$62 
     * Ero Copper Corp  ERO.TO : Canaccord Genuity cuts target price to C$30 from C$32 
     * Filo Mining Corp  FIL.TO : Canaccord Genuity raises target price to C$15 from C$14.5 
     * First Quantum Minerals Ltd  FM.TO : Canaccord Genuity raises target to C$36 from C$35 
     * Hudbay Minerals Inc  HBM.TO : Canaccord Genuity raises target price to C$13 from C$12 
     * Ivanhoe Mines Ltd  IVN.TO : Canaccord Genuity raises target price to C$11.5 from C$10.5 
     * Ivanhoe Mines Ltd  IVN.TO : Canaccord Genuity raises to buy from speculative buy 
     * Josemaria Resources Inc  JOSE.TO : Canaccord Genuity raises target to C$2.5 from C$2 
     * Lundin Mining Corp  LUN.TO : Canaccord Genuity raises target price to C$12.5 from C$12 
     * Sierra Metals Inc  SMT.TO : CIBC cuts target price to C$4.25 from C$5.25 
     * Softchoice Corp (Ca)  SFTC.TO : CIBC initiates coverage with outperformer rating 
     * Softchoice Corp (Ca)  SFTC.TO : CIBC initiates coverage with C$40 price target 
     * Stantec Inc  STN.TO : CIBC raises target price to C$73 from C$67 
     * Stingray Group Inc  RAYa.TO : National Bank of Canada cuts target to C$8.50 from C$10 
     * Teck Resources Ltd  TECKb.TO : Canaccord Genuity raises target price to C$36 from C$31 
     * Titan Mining Corp  TI.TO : Canaccord Genuity raises target price to C$0.7 from C$0.35 
     * Trevali Mining Corp  TV.TO : Canaccord Genuity raises target price to C$0.25 from C$0.20 
     * Westshore Terminals Investment Corp  WTE.TO : CIBC raises target to C$28 from C$23.5 
     * WSP Global Inc  WSP.TO : CIBC raises target price to C$180 from C$166 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))