Following is a summary of research actions on Canadian
companies reported by Reuters on Thursday. 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]
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------------ STOCK RESEARCH BY ACTION
Action Energy AEC.V BMO Cuts to underperform
---------------------------------------------------------------
------------ Anderson Energy BMO Cuts to
market perform
(AXL.TO)
---------------------------------------------------------------
------------ Astral Media (ACMa.TO) RBC Cuts
price target to C$36 from
C$39; rating
outperform
---------------------------------------------------------------
------------ Atrium Innovations RBC Cuts
price target to C$16 from
(ATB.TO) C$26; rating
outperform
---------------------------------------------------------------
------------ Bankers Petroleum BMO Cuts
target price to C$6 from
(BNK.TO) C$9.50; keeps
outperform rating
---------------------------------------------------------------
------------ Bellus Health RBC Cuts
price target to $0.35 from
BLUS.O (BLU.TO) $1; rating
underperform
---------------------------------------------------------------
------------ Bow Valley Energy BMO Cuts
target price to C$2.25
BVX.TO from C$5.25; rating
market perform
---------------------------------------------------------------
------------ Breakwater Resources Scotia Capital Raises
to sector perform from
(BWR.TO) sector underperform,
cuts price
target to C$0.25 from
C$0.40
---------------------------------------------------------------
------------ CAE Inc (CAE.TO) Versant Partners Raises
to buy from hold
[ID:nWNAS3866]
---------------------------------------------------------------
------------ Canadian Pacific UBS Cuts
price target to C$77 from C$80
Railway (CP.TO)
---------------------------------------------------------------
------------ Canadian Natural BMO Cuts to
market perform
Resources (CNQ.TO)
---------------------------------------------------------------
------------ Canadian Satellite RBC Cuts to
sector perform from
Radio (XSR.TO) outperform; cuts
price target
to C$4.50 from C$7
---------------------------------------------------------------
------------ Canwest Global RBC Cuts to
underperform from sector
Communications CGS.TO perform; cuts price
target to
C$2 from C$3
---------------------------------------------------------------
------------ Cirrus Energy (CYR.V) BMO Cuts
price target to C$6.50
from C$7.50; rating
outperform
---------------------------------------------------------------
------------ Corus Entertainment RBC Cuts
price target to C$21 from
(CJRb.TO) C$24; rating
outperform
---------------------------------------------------------------
------------ Emera Inc (EMA.TO) Scotia Capital Cuts to
sector underperform from
sector perform, cuts
price target
to C$21 from C$24.50
---------------------------------------------------------------
------------ Enbridge Inc (ENB.TO) Scotia Capital Raises
to sector outperform from
sector perform; cuts
price target
to C$45 from C$49
---------------------------------------------------------------
------------ Finning International RBC Cuts
price target to C$20 from
(FTT.TO) C$29; rating sector
perform
---------------------------------------------------------------
------------ Glacier Media (GVC.TO) RBC Cuts
price target to C$4.25 from
C$5; rating
outperform
---------------------------------------------------------------
------------ Hudbay Minerals Genuity Starts
with buy rating; price
(HBM.TO) target of C$9.20
---------------------------------------------------------------
------------ Inmet Mining (IMN.TO) Genuity Starts
with hold rating; price
target of C$44.00
---------------------------------------------------------------
------------ Instorage Real Estate RBC Cuts
price target to C$3 from
Investment Trust IS_u.TO C$4; rating sector
perform
---------------------------------------------------------------
------------ Iteration Energy BMO Cuts to
market perform
(ITX.TO)
---------------------------------------------------------------
------------ Kaboose KAB.TO RBC Cuts
price target to C$1.25
from C$1.50; rating
outperform
---------------------------------------------------------------
------------ Kangaroo Media RBC Cuts to
underperform from sector
KTV.TO perform; price target
to C$0.20
from C$0.50
---------------------------------------------------------------
------------ Lundin Mining (LUN.TO) Genuity Starts
with hold rating; price
target of C$3.35
---------------------------------------------------------------
------------ Manitoba Telecom Scotia Capital Cuts to
sector underperform from
Services (MBT.TO) sector perform
---------------------------------------------------------------
------------ Newfoundland Capital RBC Cuts
price target to C$17 from
(NCCa.TO) C$19; rating sector
perform
---------------------------------------------------------------
------------ Oilexco OIL.TO BMO Cuts
target price to C$12.75
from C$25; rating
outperform
----------------------------------------------------------------
----------- Priszm Income Fund RBC Cuts
price target to C$2 from
(QSR_u.TO) C$4; rating sector
perform
---------------------------------------------------------------
------------ Quebecor (QBRb.TO) RBC Cuts
price target to C$35 from
C$39; rating
outperform
---------------------------------------------------------------
------------ Sandvine (SVC.TO) RBC Cuts
price target to C$1.50
from C$2.25; rating
sector perform
---------------------------------------------------------------
------------ Thomson Reuters RBC Cuts
price target to $36 from
(TRI.N) (TRI.TO) $37; rating sector
perform
---------------------------------------------------------------
------------ Torstar Corp (TSb.TO) RBC Cuts
price target to C$14 from
C$16; rating sector
perform
---------------------------------------------------------------
------------ Transcontinental RBC Cuts
price target to C$15 from
(TCLa.TO) C$18; rating sector
perform
---------------------------------------------------------------
------------ TVA Group (TVAb.TO) RBC Cuts
price target to C$14.50
from C$16; rating
sector perform
---------------------------------------------------------------
------------ Webtech Wireless Haywood Cuts
price target by C$1 to
(WEW.TO) C$4; rating sector
outperform
---------------------------------------------------------------
------------ Yellow Pages Income RBC Cuts
price target to C$11 from
Fund (YLO_u.TO) C$12; rating
outperform
---------------------------------------------------------------
------------ North American oil & BMO Cuts to
market perform from
gas producers group [ID:nWNAS3916] outperform
---------------------------------------------------------------
------------ ((Compiled by Ramya Dilip and Vidya L Nathan;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))
