Canada Research Roundup: Boralex, Capital Power, Northland Power

Source Energy Services

09/10/2018 12:28

Oct 9 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Boralex Inc, Capital Power Corp and Northland Power Inc, on
Tuesday. 
    
  HIGHLIGHTS
     * Boralex Inc  BLX.TO : Ia Securities raises to strong buy from buy
     * Boston Pizza Royalties Income  BPF_u.TO : Acumen Capital starts with buy rating 
     * Capital Power Corp  CPX.TO : Ia Securities cuts to hold from buy
     * Northland Power Inc  NPI.TO : IA Securities cuts to buy from strong buy
     * Canadian Pacific Railway Ltd  CP.TO : Raymond James raises target to C$340 from C$305
      
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
          
     * Advantage Oil & Gas Ltd  AAV.TO : BMO cuts target price to C$4 from C$5
     * Athabasca Oil Corp  ATH.TO : BMO cuts target price to C$2 from C$2.25
     * Baytex Energy Corp  BTE.TO : BMO cuts target price to C$4.75 from C$5.25
     * Bonterra Energy Corp  BNE.TO : BMO raises target price to C$18 from C$17
     * Boralex Inc  BLX.TO : IA Securities cuts target price to C$22 from C$26
     * Boralex Inc  BLX.TO : IA Securities raises to strong buy from buy
     * Boston Pizza Royalties Income  BPF_u.TO : Acumen Capital starts with buy rating 
     * Boston Pizza Royalties Income  BPF_u.TO : Acumen Capital starts with C$19.50 target 
     * BRP Inc  DOO.TO : Baird resumes coverage with outperform rating;C$65 vs C$75 TP 
     * BRP Inc  DOO.TO : National Bank Of Canada resumes coverage with outperform rating 
     * BRP Inc  DOO.TO : National Bank Of Canada resumes coverage with price target C$71
     * Canadian National Railway  CNR.TO : Desjardins raises target to C$127 from C$121
     * Canadian National Railway  CNR.TO : Morgan Stanley raises target to C$119 from C$116
     * Canadian Natural Resources  CNQ.TO : BMO cuts target price to C$58 from C$60
     * Canadian Natural Resources  CNQ.TO : Cormark Securities cuts TP to C$55 from C$58
     * Canadian Pacific Railway Ltd  CP.TO : CIBC raises price target to C$310 from C$300
     * Canadian Pacific Railway Ltd  CP.TO : Desjardins raises target to C$311 from C$274
     * Canadian Pacific Railway Ltd  CP.TO : Raymond James ups target to C$340 from C$305
     * Canadian Utilities Ltd  CU.TO : IA Securities cuts target price to C$32 from C$36
     * Canwel Building Materials Group  CWX.TO : Haywood Securities cuts PT to C$7.50; buy
     * Capital Power Corp  CPX.TO : IA Securities cuts target price to C$30 from C$31
     * Capital Power Corp  CPX.TO : IA Securities cuts to hold from buy
     * Chinook Energy Inc  CKE.TO : Cormark Securities raises TP to C$0.35 from C$0.25
     * Crew Energy Inc  CR.TO : BMO cuts target price to C$3 from C$3.25
     * Crew Energy Inc  CR.TO : Cormark Securities cuts TP to C$3.5 from C$3.75
     * Delphi Energy Corp  DEE.TO : BMO cuts target price to C$1.25 from C$1.4
     * Emera Inc  EMA.TO : IA Securities cuts target price to C$51 from C$55
     * Enerplus Corp  ERF.TO : BMO raises target price to C$22 from C$20
     * Fortis Inc  FTS.TO : IA Securities cuts target price to C$48 from C$51
     * Franco-Nevada Corp  FNV.TO : JP Morgan cuts price target to C$97.5 from C$103.5
     * Freehold Royalties Ltd  FRU.TO : Cormark Securities cuts TP to C$16.5 from C$18.5
     * Gran Tierra Energy Inc  GTE.TO : Cormark Securities raises TP to C$7.25 from C$7
     * Hydro One Ltd  H.TO : IA Securities cuts target price to C$21 from C$24
     * Innergex Renewable Energy Inc  INE.TO : IA Securities cuts target to C$16 from C$18
     * International Petroleum Corp  IPCO.TO : BMO raises target price to C$8.5 from C$8.35
     * Liberty Health Sciences Inc  LHS.CD : Canaccord Genuity initiates with C$2 target price
     * Liberty Health Sciences Inc  LHS.CD : Canaccord Genuity initiates with speculative buy    
     * Mav Beauty Brands Inc  MAV.TO : National Bank of Canada starts coverage with C$15 TP
     * Mav Beauty Brands MAV.TO :National Bank of Canada starts with sector perform rating 
     * Northland Power Inc  NPI.TO : IA Securities cuts target price to C$26 from $28
     * Northland Power Inc  NPI.TO : IA Securities cuts to buy from strong buy
     * Obsidian Energy Ltd  OBE.TO : BMO cuts target price to C$1.35 from C$1.60
     * Paramount Resources Ltd  POU.TO : BMO cuts target price to C$18 from C$20
     * Parex Resources Inc  PXT.TO : Cormark Securities cuts target price to C$32 from C$35
     * Petrus Resources Ltd  PRQ.TO : Cormark Securities cuts target price to C$2.25 from C$2.5
     * Polaris Infrastructure Inc  PIF.TO : IA Securities cuts target price to C$23 from C$30
     * Precision Drilling Corp  PD.TO : GMP raises target price to C$7.50 from C$7
     * Seven Generations Energy Ltd  VII.TO : BMO cuts target price to C$20 from C$21.50
     * Source Energy Services Ltd  SHLE.TO : GMP cuts to hold from buy
     * Source Energy Services Ltd  SHLE.TO : GMP cuts target price to C$5 from C$7
     * Source Energy Services Ltd  SHLE.TO : IA Securities cuts TP to C$5.75 from C$8.50
     * Step Energy Services Ltd  STEP.TO : Ia Securities cuts target to C$11 from C$16.25
     * Suncor Energy Inc  SU.TO : BMO raises target price to C$65 from C$60
     * Supremex Inc  SXP.TO : Ia Securities cuts target price to C$4.50 from C$5.25
     * Surge Energy Inc  SGY.TO : Cormark Securities raises target price to C$4.5 from C$4
     * Tamarack Valley Energy Ltd  TVE.TO : BMO raises target price to C$6.5 from C$6
     * Tamarack Valley Energy Ltd  TVE.TO : Cormark Securities raises TP to C$6 from C$5.75
     * Torc Oil & Gas Ltd  TOG.TO : Cormark Securities raises target price to C$12 from C$11.5
     * Tourmaline Oil Corp  TOU.TO : BMO cuts target price to C$26 from C$28
     * Transalta Renewables Inc  RNW.TO : IA Securities cuts target price to C$12 from C$14
     * Transalta Renewables Inc  RNW.TO : IA Securities cuts to hold from buy
     * Trinidad Drilling Ltd  TDG.TO : GMP revises rating to tender from hold
     * Trulieve Cannabis  TRUL.CD : Canaccord Genuity initiates with speculative buy, C$24 TP
     * Valener Inc  VNR.TO : IA Securities cuts target price to C$22 from C$24
     * Whitecap Resources Inc  WCP.TO : Cormark Securities cuts target to C$13.5 from C$13.75
  

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