CANADA RESEARCH ROUNDUP: Baytex Energy, Enerplus Corp, Hyperion 8:11 am -- July 18 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Baytex Energy, Enerplus Corp, Hyperion and Cenovus Energy, on Wednesday.
HIGHLIGHTS
* Baytex Energy : Canaccord Genuity, Barclays, RBC cut price target on stock
* Hyperion : Canaccord Genuity revises rating to speculative buy
* Penn West Petroleum Ltd : Barclays, RBC cuts rating on stock
* Enerplus Corp : Barclays raises to equal weight; Barclays, RBC cut target
* Veresen Inc : CIBC cuts to sector performer
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
** Posted by Carswell on Canadian Blue-Chip NEWS
* 5n Plus Inc : Laurentian Bank starts with buy rating and price target of C$3.50
* Aastra Technologies : TD Securities cuts target price to C$22 from C$25
* AG Growth International Inc : CIBC cuts price target to C$35 from C$40
* Antrim Energy : RBC cuts price target to C
.70 from C
.75; rating underperform
* ARC Resources Ltd : Barclays raises price target to C$25 from C$23
* Arcan Resources : RBC cuts price target to C$3.50 from C$4
* Athabasca Oil Corp : Canaccord Genuity cuts price target to C$17 from C$18
* AuRico Gold Inc : Canaccord Genuity cuts to hold from buy
* AuRico Gold Inc : TD Securities cuts target price to C$7.50 from C$8.50
* Baytex Energy Corp : Canaccord Genuity cuts price target to C$57 from $60
* Baytex Energy : RBC cuts price target to C$54 from C$62
* Baytex Energy Corp : Barclays cuts price target to C$51 from C$61
* Bellatrix : Canaccord Genuity cuts price target to C$7.25 from C$9
* Blackpearl Resources : RBC cuts price target to C$5 from C$5.50
* Blackpearl Resources : Canaccord Genuity cuts price target to C$6 from C$6.50
* Bonavista Energy : Canaccord Genuity cuts price target to C$20 from C$22
* Bonavista Energy : RBC cuts price target to C$21 from C$22
* Bonavista Energy : Barclays cuts price target to C$18 from C$20
* Canadian Natural : RBC cuts price target to C$40 from C$47; rating outperform
* Canadian Natural : Canaccord Genuity cuts target to C$41.50 from C$47
* Canadian Oil Sands : RBC cuts price target to C$23 from C$27
* Canadian Oil Sands Ltd : Canaccord Genuity cuts price target to C$24 from C$25
* Canfor Pulp Products : TD Securities cuts target price to C$12.50 from C$13.50
* Capstone Infrastructure : BMO starts with outperform; price target C$5
* Celtic : Canaccord Genuity cuts price target to C$29.50 from C$33
* Cenovus Energy : RBC cuts price target to C$45 from C$46; rating outperform
* Cenovus Energy Inc : Canaccord Genuity cuts price target to C$44 from C$45
* Cequence : Canaccord Genuity cuts price target to C$1.85 from C$2.10; rating buy
* Cline Mining Corp : RBC cuts to underperform from sector perform
* Connacher Oil and Gas : Canaccord Genuity cuts price target to C
.50 from C
.60
* Connacher Oil & Gas : RBC cuts price target to C
.75 from C$1.25
* Crescent Point : RBC cuts price target to C$50 from C$56
* Crescent Point Energy Corp : Barclays cuts price target to C$46 from C$50
* Crescent Point : Canaccord Genuity cuts price target to C$44 from C$48.50
* Crew : Canaccord Genuity cuts price target to C$13 from C$16.75; rating buy
* Crew Energy : RBC cuts price target to C$7.50 from C$8
* Crocotta : Canaccord Genuity cuts price target to C$4.75 from C$5.50
* Delphi : Canaccord Genuity cuts price target to C$1.35 from C$1.75
* Enerplus Corp : RBC cuts price target to C$18 from C$23; rating sector perform
* Enerplus Corp : Barclays raises to equal weight from underweight
* Enerplus Corp : Barclays cuts price target to C$15 from C$20
* Franco Nevada : TD securities raises target price to C$57 from C$50, rating buy
* Forbes coal : Paradigm capital cuts price target to C$2.50 from C$3.25; rating buy
* Forbes and Manhattan Coal : Canaccord Genuity cuts target to C$2.40 from C$2.60
* Guide Exploration : RBC cuts price target to C$2.25 from C$3
* Heroux Devtek Inc : Raymond James raises target price to C$13.50 from C$12
* Heroux Devtek Inc : TD Securities raises price target to C$15 from C$11.50
* Heroux Devtek Inc : Desjardins raises price target to C$13.50 from C$11
* Husky Energy Inc : Canaccord Genuity cuts to sell from hold
* Hyperion : Canaccord Genuity revises rating to speculative buy from buy
* Hyperion : Canaccord Genuity cuts price target to C$1.35 from C$1.80
* Imperial Oil : RBC cuts price target to C$47 from C$49; rating sector perform
* Ithaca Energy : RBC cuts price target to C$3 from C$3.15; rating outperform
* Ivanhoe Energy : RBC cuts price target to C$1 from C$1.25
* Legacy Oil + Gas : RBC cuts price target to C$11 from C$13
* Legacy Oil + Gas : Canaccord Genuity cuts price target to C$11.25 from C$15.25
* Longview Oil : RBC cuts price target to C$8.50 from C$12
* Lone Pine Resources : RBC cuts price target to C$5 from C$7
* Lucara Diamond Corp : Paradigm capital cuts price target to C$1.20 from C$1.75
* Mainstreet Equity Corp : TD Securities raises price target to C$34 from C$31
* Mainstreet Equity Corp : Dundee raises target price to C$35.75 from C$30.75
* Manitok : RBC cuts price target to C$1.75 from C$2
* Maple Leaf Foods Inc : TD Securities cuts price target to C$14 from C$15
* Meg Energy : RBC cuts price target to C$54 from C$60
* Meg Energy : CIBC raises target to C$50 from C$47; rating sector outperformer
* Novus : Canaccord Genuity cuts price target to C$1.30 from C$1.50; rating buy
* Nuvista : Canaccord Genuity cuts to sell from speculative buy
* Nuvista : Canaccord Genuity cuts price target to C$3.50 from C$4.50
* Open Range : Canaccord Genuity raises price target to C$1.40 from C$1.30
* Parallel Energy : RBC cuts price target to C$7 from C$7.50
* Paramount Resources : RBC cuts price target to C$33 from C$35
* Parex Resources : RBC cuts price target to C$7.50 from C$8.30; rating outperform
* Pacific Rubiales Energy : RBC cuts price target to C$38 from C$39
* Parex Resources : RBC cuts price target to C$7.50 from C$8.30; rating outperform
* Paramount : Canaccord Genuity cuts price target to C$32 from C$35
* Petrominerales : RBC cuts price target to C$25 from C$28; rating outperform
* Pengrowth Energy : RBC cuts price target to C$7 from C$8; rating sector perform
* Pengrowth Energy Corp : Barclays cuts price target to C$7 from C$9
* Pengrowth : Canaccord Genuity cuts price target to C$8.50 from C$9
* Penn West : Canaccord Genuity cuts price target to C$19 from C$22; rating buy
* Penn West Petroleum Ltd : Barclays cuts price target to C$14 from C$20
* Penn West Petroleum Ltd : RBC cuts to sector perform from outperform
* Penn West Petroleum Ltd : Barclays cuts to underweight from equal weight
* Petrobank : RBC cuts price target to C$19 from C$21
* Petrobakken Energy : RBC cuts price target to C$16 from C$19
* Petrobakken Energy Ltd : Barclays cuts price target to C$15 from C$20
* Petrobakken : Canaccord Genuity cuts price target to C$20 from C$21.50; rating buy
* Peyto Exploration & Development : Barclays raises price target to C$23 from C$21
* Pinecrest : Canaccord Genuity cuts price target to C$4.50 from C$5.25
* Raging River : Canaccord Genuity cuts price target to C$2.60 from C$3; rating buy
* Renegade : Canaccord Genuity cuts price target to C$4.50 from C$5.25
* RMP Energy : RBC cuts price target to C$2.50 from C$3
* Second Wave Petroleum : RBC cuts price target to C$1.25 from C$1.50
* Sonde Resources : RBC cuts price target to C$2.75 from C$3
* Suncor Energy : RBC cuts price target to C$43 from C$49; rating outperform
* Suncor Energy : Canaccord Genuity cuts price target to C$45 from C$46; rating buy
* Talisman Energy Inc : RBC cuts to sector perform from outperform
* Tamarack Valley Energy Ltd : Paradigm capital cuts target to C$3.60 from C$4.20
* Torquay Oil : Canaccord Genuity cuts price target to C
.35 from C
.50
* Toromont Industries Ltd : RBC cuts target to C$24 from C$25; rating sector perform
* Trilogy Energy : RBC cuts price target to C$32 from C$35
* Trilogy Energy : Barclays cuts price target to C$28 from C$34
* TriOil : Canaccord Genuity cuts price target to C$5.75 from C$6.75
* Twin Butte : Canaccord Genuity cuts price target to C$3 from C$3.30; rating buy
* Veresen Inc : CIBC cuts to sector performer from sector outperformer
* Vermilion Energy : RBC cuts price target to C$50 from C$53; rating sector perform
* Vero Energy : RBC cuts price target to C$3 from C$3.50
* Solimar Energy : Canaccord Genuity cuts price target to C
.20 from C
.25
* Southern Pacific Resource : Canaccord Genuity cuts target to C$2.50 from C$2.70
* Southern Pacific Resource : RBC cuts price target to C$2.25 from C$2.75
* WestFire Energy : RBC cuts price target to C$7 from C$8
* Westernzagros Resources : Raymond James raises to market perform from underperform
* Whitecap Resources : RBC cuts price target to C$11 from C$13
* Zodiac Exploration : Canaccord Genuity cuts price target to C
.15 from C
.20