Canada Research Roundup: Ero Copper, Frontera Energy, Terago

Source Energy Services

18/03/2019 09:22

March 18 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Ero Copper, Frontera Energy and Terago, on Monday. 
    
    HIGHLIGHTS    
     * Ero Copper Corp  ERO.TO : BMO cuts to market perform from outperform
     * Frontera Energy Corp  FEC.TO : Canaccord Genuity cuts to hold from buy
     * Source Energy Services Ltd  SHLE.TO : BMO cuts to market perform from outperform
     * Terago Inc  TGO.TO : Canaccord Genuity initiates coverage with buy rating and C$12.50 PT
     * Transalta Corp  TA.TO : Credit Suisse raises to neutral from underperform
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Alcanna Inc  CLIQ.TO : Canaccord Genuity cuts price target to C$5.50 from C$7; hold
     * Alcanna Inc  CLIQ.TO : Cormark Securities cuts price target to C$9.25 from C$12.50
     * Alcanna Inc  CLIQ.TO : RBC cuts target price to C$5.50 from C$6
     * Autocanada Inc  ACQ.TO : Cormark Securities raises price target to C$14.5 from C$13
     * Autocanada Inc  ACQ.TO : National Bank of Canada cuts target price to C$10 from C$12.50
     * BRP Inc  DOO.TO : Canaccord Genuity cuts price target to C$65 from C$73; buy
     * Canadian Natural Resources Ltd  CNQ.TO : UBS raises price target to C$58 from C$57
     * Ero Copper Corp  ERO.TO : BMO cuts to market perform from outperform
     * Ero Copper Corp  ERO.TO : BMO raises price target to C$16.50 from C$16
     * Frontera Energy Corp  FEC.TO : Canaccord Genuity cuts price target to C$14.50 from C$22
     * Frontera Energy Corp  FEC.TO : Canaccord Genuity cuts to hold from buy
     * Granite Real Estate Investment Trust  GRT_u.TO : BMO raises PT to C$69.50 from C$60
     * Hardwoods Distribution Inc  HDI.TO : Canaccord Genuity cuts traget to C$15 from C$17
     * Hardwoods Distribution Inc  HDI.TO : Cormark Securities cuts TP to C$17.5 from C$18.75
     * Hexo Corp  HEXO.TO : Cormark Securities raises to buy from seculative buy
     * Hexo Corp  HEXO.TO : Cormark Securities raises price target to C$11 from C$7.5
     * Invesque Inc  IVQu.TO : CIBC cuts target price to $7.75 from $8.75
     * Ipl Plastics Inc  IPLP.TO : CIBC raises target price to C$15 from C$14
     * Knight Therapeutics Inc  GUD.TO : Cormark Secuirities cuts target to C$10.25 from C$11
     * Medexus Pharmaceuticals Inc  MDP.V : Cormark Securities starts with buy rating; C$7 PT
     * North West Company Inc  NWC.TO : CIBC cuts target price to C$30 from C$31
     * North West Company Inc  NWC.TO : RBC cuts target price to C$30 from C$32
     * North West Company Inc  NWC.TO : TD Securities cuts price target to C$34 from C$36
     * Source Energy Services Ltd  SHLE.TO : BMO cuts price target to C$1.50 from C$3
     * Source Energy Services Ltd  SHLE.TO : BMO cuts to market perform from outperform
     * Suncor Energy Inc  SU.TO : UBS raises price target to C$55 from C$53
     * Terago Inc  TGO.TO : Canaccord Genuity initiates coverage with buy rating and C$12.50 PT
     * Transalta Corp  TA.TO : Credit Suisse raises price target to C$10 from C$7
     * Transalta Corp  TA.TO : Credit Suisse raises to neutral from underperform
     * Turquoise Hill Resources Ltd  TRQ.TO : CIBC cuts target price to C$3.50 from C$4
     * Westshore Terminals Investment Corp  WTE.TO : BMO cuts price target to C$19 from C$25
    

 (Compiled by Bengaluru Newsroom)
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