Canada Research Roundup: Intact Financial, Slate Office REIT, True North Commercial REIT

Source Energy Services

16/03/2018 10:51

March 16 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Intact Financial, Slate Office REIT and True North Commercial
REIT, on Friday. 
    
    HIGHLIGHTS    
     * Intact Financial Corp  IFC.TO : RBC raises to outperform from sector perform
     * Slate Office REIT  SOT_u.TO : CIBC starts with neutral rating; C$8.25 price target
     * True North Commercial REIT  TNT_u.TO : CIBC starts with neutral rating
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     
     * Aurora Cannabis Inc  ACB.TO : Canaccord Genuity cuts rating to hold from speculative buy
     * Aurora Cannabis Inc  ACB.TO : Canaccord Genuity ​ raises price target to C$11 from C$4.45
     * Canadian Apartment Properties REIT  CAR_u.TO : CIBC raises target to C$38.50 from C$38
     * Element Fleet Management Corp  EFN.TO : CIBC cuts price target to C$6 from C$8.50‍​
     * Element Fleet Management Corp  EFN.TO : Credit Suisse cuts target to C$6 from C$9.50
     * Element Fleet Management Corp  EFN.TO : RBC cuts price target to C$7 from C$8‍​
     * Enbridge Inc  ENB.TO : BMO cuts price target to C$61 from C$63‍​
     * Enbridge Inc  ENB.TO : CIBC cuts price target to C$60 from C$63‍​
     * Enbridge Income Fund Holdings Inc  ENF.TO : CIBC raises price target to C$39 from C$37‍​
     * Intact Financial Corp  IFC.TO : RBC raises to outperform from sector perform
     * Knight Therapeutics Inc  GUD.TO : CIBC cuts price target to C$11.75 from C$13‍​
     * Liquor Stores Na Ltd  LIQ.TO : Canaccord Genuity cuts target price to C$11.50 from C$13
     * Liquor Stores Na Ltd  LIQ.TO : CIBC cuts price target to C$13 from C$14‍​
     * Liquor Stores Na Ltd  LIQ.TO : RBC cuts target price to C$10 from C$12
     * North West Company Inc  NWC.TO : RBC cuts target price to C$30 from C$31
     * Slate Office REIT  SOT_u.TO : CIBC starts with neutral rating; C$8.25 price target
     * Source Energy  SHLE.TO : Canaccord Genuity cuts target price to C$11 from C$11.50; buy
     * Source Energy Services Ltd  SHLE.TO : CIBC cuts price target to C$8.50 from C$11‍​
     * Source Energy Services Ltd  SHLE.TO : RBC cuts target price to C$9 from C$10
     * Transat at Inc  TRZ.TO : CIBC cuts price target to C$10.50 from C$11‍​
     * Transat at Inc  TRZ.TO : Desjardins cuts target price to C$18 from C$20
     * TransCanada Corp  TRP.TO : BMO cuts price target to C$68 from C$69‍​
     * TransCanada Corp  TRP.TO : CIBC cuts price target to C$76 from C$77‍​
     * True North Commercial REIT  TNT_u.TO : CIBC starts with neutral rating
     * True North Commercial REIT  TNT_u.TO : CIBC starts with price target of C$6.50
     * WSP Global Inc  WSP.TO : Canaccord Genuity raises price target to C$62 from C$61‍​
     * WSP Global Inc  WSP.TO : Desjardins raises target price to C$66 from C$63
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))