JAN 14th ... CIBC RAISES TARGET TO $5.25
Right
CANADA RESEARCH ROUNDUP: Bombardier, Canadian Utilities, Methanex
3 hours ago by Thomson Reuters
Jan 14 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bombardier and Canadian Utilities, on Monday.
HIGHLIGHTS
* Bombardier Inc : CIBC raises target price to C$5.25 from C$4.75
* Canadian Utilities Ltd : Canaccord Genuity cuts to hold from buy
* Westshore Terminals Investment : CIBC raises to sector performer rating
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Ag Growth International Inc : CIBC raises target price to C$36 from C$35
* Bombardier Inc : CIBC raises target price to C$5.25 from C$4.75
* Canadian Utilities Ltd : Canaccord Genuity cuts to hold from buy
* Conifex Timber Inc : CIBC cuts target price to C$10.50 from C$11.25
* First Quantum Minerals : BMO cuts target price to C$22 from C$23
* Great-West Lifeco Inc : CIBC raises target price to C$25 from C$24
* Industrial Alliance Insurance : CIBC raises target price to C$35 from C$30
* Inter Pipeline Fund : Canaccord Genuity raises target price to C$24 from C$22
* Manulife Financial Corp : CIBC raises target price to C$15 from C$13
* Pengrowth Energy : National Bank Financial cuts target price to C$6.00 from C$6.50
* Pengrowth Energy : Barclays cuts price target to C$6 from C$7
* Petrobakken Energy Ltd : Barclays cuts price target to C$13 from C$14
* Poseidon Concepts Corp : RBC cuts target price to C$2 from C$2.5
* Postmedia Network Canada Corp : RBC cuts target price to C$1.25 from C$1.50
* Russel Metals : RBC raises price target to C$31 from C$29; rating sector perform
* Sun Life Financial Inc : CIBC raises target price to C$28 from C$26
* Superior Plus Corp : CIBC raises target price to C$12 from C$10.50