Canada Research Roundup: Amex Exploration, Imperial Oil, New Found Gold

STLLR Gold

16/10/2023 08:38

Oct 16 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Amex Exploration, Imperial Oil and New Found Gold on Monday. 
    
    HIGHLIGHTS   
                 * Amex Exploration  AMX.V : National Bank of Canada initiates coverage with
 outperform rating
 
                 * Imperial Oil Ltd  IMO.TO : CIBC raises target price to C$85 from C$76
 
                 * New Found Gold  NFG.V : National Bank of Canada initiates coverage with
 outperform rating
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
   
                 * Air Canada  AC.TO : Atb Capital Markets cuts target price to C$35 from C$38
 
                 * Amex Exploration  AMX.V : National Bank of Canada initiates coverage with
 outperform rating
 
                 * Amex Exploration  AMX.V : National Bank of Canada initiates coverage with PT
 C$3.5
 
                 * Canadian Natural Resources Ltd  CNQ.TO : CIBC raises target price to C$95 from
 C$93
 
                 * Canadian Tire Corporation  CTCa.TO : National Bank of Canada cuts PT to C$166
 from C$184
 
                 * Cenovus Energy Inc  CVE.TO : CIBC raises target price to C$32 from C$31
 
                 * Crescent Point Energy Corp  CPG.TO : CIBC raises target price to C$15 from
 C$14.75
 
                 * Enerflex Ltd  EFX.TO : CIBC cuts target price to C$8.5 from C$11.25
 
                 * Ensign Energy Services Inc  ESI.TO : CIBC raises target price to C$4 from C$3.5
 
                 * Freehold Royalties Ltd  FRU.TO : CIBC cuts target price to C$16.5 from C$16.75
 
                 * Imperial Oil Ltd  IMO.TO : CIBC raises target price to C$85 from C$76
 
                 * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$9 from C$8.75
 
                 * MEG Energy Corp  MEG.TO : CIBC raises target price to C$27 from C$23
 
                 * Moneta Gold Inc  ME.TO : National Bank of Canada initiates coverage with
 outperform rating
 
                 * Moneta Gold Inc  ME.TO : National Bank of Canada initiates coverage with target
 price C$3
 
                 * New Found Gold  NFG.V : National Bank of Canada initiates coverage with
 outperform rating
 
                 * New Found Gold  NFG.V : National Bank of Canada initiates coverage with target
 price C$8.5
 
                 * Nuvista Energy Ltd  NVA.TO : CIBC cuts target price to C$15.75 from C$16
 
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))