Following is a summary of research actions on Canadian
companies reported by Reuters on Tuesday. Stock entries are in
alphabetical order.
For a summary of research on S&P 500 companies, double click
on [RCH/US]
For a summary of research on non-S&P 500 companies, double
click on [RCH/US2]
---------------------------------------------------------------
------------ STOCK RESEARCH BY ACTION
Alamos Gold (AGI.TO) Canaccord Adams Raises price target
to C$7.70 from
C$7.50; keeps hold
rating
---------------------------------------------------------------
------------ Allen-Vanguard Paradigm Cuts
price target to C$0.60;
VRS.TO keeps buy rating
---------------------------------------------------------------
------------ Banro Corp (BAA.TO) RBC Cuts
price target to C$1.50 from
C$2; rating sector
perform
---------------------------------------------------------------
------------ Canadian Tire (CTC.TO) RBC Cuts to
sector perform from
outperform
---------------------------------------------------------------
------------ Canfor Corp (CFP.TO) Raymond James Cuts
price target to C$7 from C$8
---------------------------------------------------------------
------------ Canfor Pulp Income Raymond James Cuts to
market perform from
Fund (CFX_u.TO) outperform; price
target
to C$3.75 from
C$4.75
---------------------------------------------------------------
------------ Detour Gold (DGC.TO) Haywood
Reinstates price target at C$13.50
from C$12; rating
sector outperform
---------------------------------------------------------------
------------ Domtar Corp (UFS.N) Raymond James Cuts
price target to $3.50 from $4
---------------------------------------------------------------
------------ Fortress Paper Raymond James Cuts
price target to C$8 from C$10
(FTP.TO)
---------------------------------------------------------------
------------ George Weston (WN.TO) RBC Raises
to outperform from sector
perform
---------------------------------------------------------------
------------ Industrial Alliance RBC Cuts
price target to C$24 from
Insurance (IAG.TO) C$29; rating sector
perform
BMO Cuts price target to
C$26 from C$34;
rating outperform
---------------------------------------------------------------
------------ ING Canada IIC.TO Genuity Cuts
price target to C$33 from C$38;
rating hold
RBC Cuts price target to
C$40 from C$42;
rating outperform
---------------------------------------------------------------
------------ Lundin Mining Cheuvreux Cuts to
underperform
(LUMIsdb.ST)
---------------------------------------------------------------
------------ Metro Inc (MRUa.TO) RBC Raises
to outperform from sector
perform
---------------------------------------------------------------
------------ Norbord Inc (NBD.TO) Raymond James Cuts
price target to C$0.90 from
C$1.25
---------------------------------------------------------------
------------ Nova Chemicals NCX.N RBC Raises
to sector perform from
NCX.TO underperform
---------------------------------------------------------------
------------ Osisko Mining (OSK.TO) Canaccord Adams Cuts
price target to C$6.25 from
C$4.80; keeps
speculative buy rating
---------------------------------------------------------------
------------ Sherritt International Desjardins Cuts
price target to C$6.25 from
Corp (S.TO) C$8.15; rating buy
---------------------------------------------------------------
------------ Storm Exploration Genuity Raises
price target to C$13.75 from
(SEO.TO) C$12; rating hold
Dundee Raises price target
to C$16 from C$15;
rating buy
---------------------------------------------------------------
------------ Tembec (TMB.TO) Dundee Cuts
price target to C$0.50 from
C$3.50; rating sell
---------------------------------------------------------------
------------ Thompson Creek Blackmont Cuts
price target to C$8.75 from
Metals (TCM.TO) C$9.35; rating buy
---------------------------------------------------------------
------------ ((Compiled by Neha Singh; Bangalore Equities
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))