CANADA RESEARCH ROUNDUP-Bombardier, Canfor, Fortis
July 22 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bombardier, Canfor and Fortis on Tuesday.
HIGHLIGHTS
* Bombardier BBDb.TO: TD Cowen cuts to hold from buy |
* Canfor Corp CFP.TO: Raymond James cuts to outperform from strong buy |
* Fortis Inc FTS.TO: Raymond James raises to outperform from market perform |
* Interfor Corp IFP.TO: Raymond James cuts to outperform from strong buy |
* West Fraser Timber Co Ltd WFG.N: Raymond James cuts to market perform from outperform |
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
* Act Energy Technologies Ltd ACX.TO: Raymond James initiates coverage with outperform rating |
* Act Energy Technologies Ltd ACX.TO: Raymond James initiates coverage with PT C$9 |
* ADENTRA Inc ADEN.TO: CIBC raises target price to C$37 from C$34 |
* Aecon Group Inc ARE.TO: BMO raises target price to C$22 from C$19 |
* Air Canada AC.TO: Raymond James raises target price to C$27 from C$24 |
* Atkinsréalis ATRL.TO: BMO raises target price to C$106 from C$94 |
* Autocanada Inc ACQ.TO: RBC raises target price to C$27 from C$18 |
* Bombardier BBDb.TO: TD Cowen cuts to hold from buy; raises PT to C$173 from C$151 |
* Cameco Corp CCO.TO: Stifel raises target price to C$115 from C$105 |
* Canfor Corp CFP.TO: Raymond James cuts target price to C$19 from C$22 |
* Canfor Corp CFP.TO: Raymond James cuts to outperform from strong buy |
* CCL Industries Inc CCLb.TO: CIBC raises target price to C$93 from C$92 |
* Element Fleet Management Corp EFN.TO: CIBC raises target price to C$38 from C$34 |
* Finning International Inc FTT.TO: BMO raises target price to C$66 from C$57 |
* Fortis Inc FTS.TO: Raymond James raises to outperform from market perform |
* Gibson Energy Inc GEI.TO: CIBC raises target price to C$27 from C$26 |
* Interfor Corp IFP.TO: CIBC cuts target price to C$14 from C$16 |
* Interfor Corp IFP.TO: Raymond James cuts target price to C$19 from C$22 |
* Interfor Corp IFP.TO: Raymond James cuts to outperform from strong buy |
* Sprott Inc SII.TO: TD Cowen cuts to hold from buy; raises PT to C$100 from C$84 |
* Stella-Jones Inc SJ.TO: CIBC raises target price to C$90 from C$85 |
* Toromont Industries Ltd TIH.TO: BMO raises target price to C$140 from C$128 |
* Wajax Corp WJX.TO: BMO raises target price to C$25 from C$22 |
* West Fraser Timber Co Ltd WFG.TO: CIBC cuts target price to C$122 from C$142 |
* Winpak Ltd WPK.TO: CIBC raises target price to C$53 from C$52 |
* WSP Global Inc WSP.TO: BMO raises target price to C$312 from C$298 |
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