Canada Research Roundup: Benchmark Metals, Capital Power, Scotiabank

TDG Gold

03/06/2021 08:27

June 3 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Benchmark Metals, Capital Power and Scotiabank, on Thursday. 
    
    HIGHLIGHTS    

     * Benchmark Metals Inc  BNCH.V : Cormark Securities initiates coverage with buy rating
     * Capital Power Corp  CPX.TO : National Bank of Canada resumes with outperform rating 
     * Inter Pipeline Ltd  IPL.TO : CIBC raises target price to C$20.50 from C$19 
     * Nomad Royalty Company Ltd  NSR.TO : Canaccord Genuity initiates with buy rating 
     * Scotiabank  BNS.TO : Cormark Securities raises target price to C$93 from C$88 
    
Following is a summary of research actions on Canadian companies reported by Reuters on
Thursday. Stock entries are in alphabetical order. 
     
     * Alpha Cognition  ACOG.V : Raymond James starts with outperform rating; PT C$2.50 
     * Aurion Resources Ltd  AU.V : PI Financial cuts target price to C$1.65 from C$1.75 
     * Benchmark Metals Inc  BNCH.V : Cormark Securities initiates coverage with buy rating
     * Benchmark Metals Inc  BNCH.V : Cormark Securities initiates coverage with target C$2.8 
     * Benchmark Metals Inc  BNCH.V : PI Financial raises target price to C$2.25 from C$2.20 
     * Canaccord Genuity Group Inc  CF.TO : Cormark Securities raises PT to C$20.50 from C$19.00 
     * Canaccord Genuity Group Inc  CF.TO : TD Securities raises price target to C$17 from C$16 
     * Capital Power  CPX.TO : BMO resumes coverage with market perform rating and C$41 PT
     * Capital Power Corp  CPX.TO : National Bank of Canada resumes with C$45 target price 
     * Capital Power Corp  CPX.TO : National Bank of Canada resumes with outperform rating 
     * Capital Power Corp  CPX.TO : TD Securities resumes coverage with buy rating and C$44 PT 
     * Cardinal Energy Ltd (Alberta)  CJ.TO : RBC raises target price to C$4 from C$3.25 
     * Descartes Systems Group  DSG.TO : Raymond James raises price target to C$67 from C$64 
     * Dream Industrial REIT  DIRr.TO : Raymond James raises price target to C$15.75 from C$15.50 
     * Endeavour Silver Corp  EDR.TO : PI Financial raises target price to C$6.30 from C$5.80 
     * Excellon Resources Inc  EXN.TO : PI Financial cuts target price to C$5.5 from C$5.8 
     * Flowr Corp  FLWR.V : MKM Partners cuts target price to C$1 from C$1.50 
     * Fury Gold Mines Ltd  FURY.TO : PI Financial cuts target price to C$2.35 from C$2.65 
     * Indigo Books and Music  IDG.TO : Cormark Securities raises target price to C$8 from C$6.30 
     * Inter Pipeline Ltd  IPL.TO : CIBC raises target price to C$20.50 from C$19 
     * Jaguar Mining Inc  JAG.TO : PI Financial cuts target price to C$8.65 from C$8.95
     * Laurentian Bank of Canada  LB.TO : BMO raises price target to C$45 from C$42 
     * Laurentian Bank of Canada  LB.TO : CIBC raises target price to C$43 from C$40 
     * Laurentian Bank of Canada  LB.TO : National Bank of Canada raises PT to C$45 from C$41 
     * Laurentian Bank of Canada  LB.TO : RBC raises target price to C$51 from C$49 
     * Laurentian Bank of Canada  LB.TO : Scotiabank raises target price to C$48 from C$46 
     * Laurentian Bank of Canada  LB.TO : TD Securities raises price target to C$49 from C$44 
     * Maverix Metals Inc  MMX.TO : PI Financial raises target price to C$9.25 from C$9 
     * Metalla Royalty & Streaming  MTA.V : PI Financial raises target price to C$14 from C$13 
     * MTY Food Group Inc  MTY.TO : Acumen Capital raises target price to C$70 from C$63 
     * New Pacific Metals Corp  NUAG.TO : PI Financial cuts to neutral from buy 
     * Nighthawk Gold Corp  NHK.TO : PI Financial cuts target price to C$2.25 from C$2.35 
     * Nomad Royalty Company Ltd  NSR.TO : Canaccord Genuity initiates with buy rating 
     * Nomad Royalty Company Ltd  NSR.TO : Canaccord Genuity initiates with C$15.50 target price 
     * Novo Resources Corp  NVO.TO : PI Financial raises target price to C$3.25 from C$3.05 
     * Novo Resources Corp  NVO.TO : PI Financial raises to buy from neutral 
     * Orezone Gold Corp  ORE.V : PI Financial raises target price to C$2.6 from C$2.45 
     * Precision Drilling Corp  PD.TO : RBC raises target price to C$50 from C$44 
     * Pure Gold Mining Inc  PGM.V : PI Financial cuts target price to C$2.5 from C$2.6 
     * Scotiabank  BNS.TO : Cormark Securities raises target price to C$93 from C$88 
     * Stelco Holdings Inc  STLC.TO : BMO raises price target to C$50 from C$44 
     * TDG Gold Corp  TDG.V : Cormark Securities initiates coverage with buy rating; PT C$1.2 
     * Thesis Gold Inc  TAU.V : Cormark Securities initiates coverage with buy rating; PT C$2.7 
     * Wesdome Gold Mines Ltd  WDO.TO : PI Financial raises target price to C$14.50 from C$12.75 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))