Canada Research Roundup: Gibson Energy, Pason Systems, Tervita

Source Energy Services

16/10/2018 10:34

Oct 16 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Gibson Energy, Pason Systems and Tervita, on Tuesday. 
    
    HIGHLIGHTS    
     * Gibson Energy Inc  GEI.TO : Credit Suisse raises target price to C$26 from C$24
     * Pason Systems Inc  PSI.TO : CIBC cuts target price to C$22 from C$23
     * Tervita Corp  TEV.TO : CIBC cuts price target to C$12.5 from C$13.5
 Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
     

     * Black Diamond Group Ltd  BDI.TO : CIBC raises target price to C$3 from C$2.75
     * Calfrac Well Services Ltd  CFW.TO : CIBC cuts target price to C$6.5 from C$8.5
     * Ensign Energy Services Inc  ESI.TO : CIBC cuts price target to C$8.5 from C$9.5
     * Fortis Inc  FTS.TO : National Bank of Canada raises target price to C$45 from C$44
     * Gibson Energy Inc  GEI.TO : CIBC raises target price to C$22 from C$19
     * Gibson Energy Inc  GEI.TO : Credit Suisse raises target price to C$26 from C$24
     * Gibson Energy Inc  GEI.TO : IA Securities raises target price to C$23.50 from C$22
     * Great-West Lifeco Inc  GWO.TO : Desjardins cuts target price to C$33 from C$35
     * Industrial Alliance Insurance  IAG.TO :Desjardins cuts target to C$57 from C$60
     * Manulife Financial Corp  MFC.TO : Desjardins cuts target price to C$27 from C$29
     * NFI Group  NFI.TO : CIBC cuts target price to C$62 from C$66
     * Pason Systems Inc  PSI.TO : CIBC cuts target price to C$22 from C$23
     * Precision Drilling Corp  PD.TO : CIBC cuts target price to C$6.25 from C$7
     * Secure Energy Services Inc  SES.TO : CIBC cuts price target to C$10.5 from C$13
     * Source Energy Services Ltd  SHLE.TO : CIBC cuts price target to C$4.5 from C$8.5
     * Source Energy Services Ltd  SHLE.TO : CIBC cuts to neutral from outperformer
     * Step Energy Services Ltd  STEP.TO : CIBC cuts target price to C$12 from C$22
     * Sun Life Financial Inc  SLF.TO : Desjardins cuts target price to C$58 from C$60
     * Tervita Corp  TEV.TO : CIBC cuts price target to C$12.5 from C$13.5
     * Total Energy Services Inc  TOT.TO : CIBC cuts price target to C$12.5 from C$14
     * Trican Well Service Ltd  TCW.TO : CIBC cuts target price to C$3.15 from C$5.5
     * Trinidad Drilling Ltd  TDG.TO : CIBC cuts price target to C$2.1 from C$2.5
     * Western Energy Services Corp  WRG.TO : CIBC cuts target price to C$1.15 from C$2
     * Western Energy Services Corp  WRG.TO : CIBC cuts to neutral from outperformer
   
    

 (Compiled by Bengaluru Newsroom)
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