May 12, 2020 / 7:45 AM / 16 days ago

CANADA RESEARCH ROUNDUP-BRP, Pinnacle Renewable Energy, TCP Energy

    May 12 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including BRP, Pinnacle Renewable Energy and TCP Energy, on Tuesday. 
    
    
  HIGHLIGHTS
     * BRP Inc         : National Bank of Canada cuts to sector perform from outperform
     * Dream Office REIT         : Scotiabank cuts target price to C$28.50 from C$35.50
     * Pinnacle Renewable Energy        : National Bank of Canada cuts to sector perform from outperform
     * TCP Energy Corp         : Jefferies initiates with hold, C$68 target price
     * TMX Group Ltd       : BMO raises target price to C$155 from C$140
    
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
 
     * Absolute Software         : Canaccord Genuity raises target price to C$13.50 from C$10.50
     * Absolute Software         : Eight Capital raises target price to C$13.50 from C$12.50
     * Absolute Software         : National Bank of Canada raises TP to C$12 from C$8.50
     * Absolute Software Corp         : PI Financial raises target to C$15.25 from C$11.50
     * Absolute Software Corp         : TD Securities raises target to C$12.50 from C$10.50
     * Absolute Software Corp         : BMO raises target price to C$12.50 from C$10
     * Artis REIT          : Scotiabank cuts target price to C$11 from C$11.50
     * Aurora Cannabis Inc         : Cowen and Company cuts target price to C$12 from C$30
     * Aurora Cannabis Inc         : Eight Capital raises target price to C$11 from C$2
     * Bombardier          : Scotiabank cuts target price to C$0.35 from C$0.65
     * BRP Inc         : National Bank of Canada cuts to sector perform from outperform
     * BRP Inc         : National Bank of Canada raises target price to C$40 from C$38
     * Chartwell Retirement Residences           : Canaccord Genuity cuts TP to C$9.75 from C$13
     * Chartwell Retirement Residences           : National Bank of Canada cuts TP to C$12 
     * Cronos Group Inc          : Jefferies cuts target price to C$6 from C$7
     * Dream Office REIT         : Scotiabank cuts target price to C$28.50 from C$35.50
     * Element Fleet Management Corp         : CIBC cuts target price to C$12 from C$13
     * Element Fleet Management Corp         : Scotiabank cuts target price to C$11.50 from C$12
     * Ensign Energy Services Inc         : BMO cuts target price to C$0.65 from C$0.75
     * Ensign Energy Services Inc         : TD Securities cuts target to C$0.70 from C$0.75
     * First Capital REIT           : RBC cuts target price to C$18 from C$20
     * Hudbay Minerals Inc         : Credit Suisse cuts target price to C$5 from C$5.50
     * Horizon North Logistics Inc         : TD Securities raises target to C$0.60 from C$0.45
     * Nexgen Energy Ltd         : TD Securities raises target price to C$3.25 from C$2.75
     * Pinnacle Renewable Energy        : National Bank of Canada cuts to sector perform from
 outperform
     * Pinnacle Renewable Energy        : National Bank of Canada cuts Tp to C$8 from C$13
     * Pinnacle Renewable Energy Inc        : Scotiabank cuts target price to C$9.50 from C$12
     * Premium Brands Holdings Corp         : Cormark Securities cuts PT to C$113 from C$115
     * Premium Brands Holdings Corp         : TD Securities raises target to C$90 from C$86
     * Premium Brands Holdings Corp         : BMO raises target price to C$91 from C$85
     * Premium Brands Holdings Corp         : CIBC raises target price to C$88 from C$86
     * Premium Brands Holdings Corp         : National Bank of Canada ups TP to C$95 from C$92
     * Premium Brands Holdings Corp         : RBC raises target price to C$71 from C$65
     * Premium Brands Holdings Corp         : Scotiabank raises target price to C$94 from C$87
     * Sprott Inc         : TD Securities raises target price to C$4 from C$2.75
     * SSR Mining Inc          : Canaccord Genuity cuts target price to C$27 from C$30
     * TCP Energy Corp         : Jefferies initiates with hold, C$68 target price
     * TMX Group Ltd       : BMO raises target price to C$155 from C$140
     * TMX Group Ltd       : National Bank of Canada raises target price to C$150 from C$105
     * TMX Group Ltd       : RBC raises target price to C$148 from C$133
 
 (Compiled by Bengaluru Newsroom)
  
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