CANADA RESEARCH ROUNDUP-Arc Resources, Paramount Resources, Tourmaline Oil

Reuters01-20
CANADA RESEARCH ROUNDUP-Arc Resources, Paramount Resources, <a href="https://laohu8.com/S/TRMLF">Tourmaline Oil</a>

Jan 20 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Arc Resources, Paramount Resources and Tourmaline Oil on Tuesday.

HIGHLIGHTS

* Arc Resources Ltd ARX.TO: Jefferies cuts target price to C$27 from C$28

* EQB Inc EQB.TO: BMO raises to outperform from market perform

* Paramount Resources Ltd POU.TO: Jefferies cuts target price to C$28 from C$29

* Suncor Energy Inc SU.TO: JP Morgan raises to overweight from neutral

* Tourmaline Oil TOU.TO: Jefferies cuts target price to C$70 from C$72

The following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.

* Arc Resources Ltd ARX.TO: Jefferies cuts target price to C$27 from C$28

* Cameco Corp CCO.TO: BMO raises target price to C$170 from C$160

* Canadian Natural Resources Ltd CNQ.TO: JP Morgan cuts target price to C$48 from C$49

* Cenovus Energy Inc CVE.TO: JP Morgan cuts target price to C$25 from C$29

* Cenovus Energy Inc CVE.TO: JP Morgan cuts to neutral from overweight

* Centerra Gold Inc CG.TO: BofA Global Research ups price objective to C$17.5 from C$14.75

* EQB Inc EQB.TO: BMO raises target price to C$130 from C$108

* EQB Inc EQB.TO: BMO raises to outperform from market perform

* Exchange Income Corp EIF.TO: Ventum Financial raises target price to C$110 from C$95

* IAMGOLD Corp IMG.TO: Cormark Securities raises target price to C$32 from C$20

* Imperial Oil IMO.TO: JP Morgan cuts target price to C$99 from C$110

* Montage Gold Corp MAU.TO: Stifel raises target price to C$12.75 from C$9.25

* Paramount Resources Ltd POU.TO: Jefferies cuts target price to C$28 from C$29

* Strathcona Resources Ltd SCR.TO: Jefferies cuts target price to C$26 from C$29

* Suncor Energy Inc SU.TO: JP Morgan raises target price to C$75 from C$64

* Suncor Energy Inc SU.TO: JP Morgan raises to overweight from neutral

* Suncor Energy Inc SU.TO: Scotiabank raises target price to C$70 from C$62

* Topaz Energy Corp TPZ.TO: Jefferies cuts target price to C$30 from C$31

* Tourmaline Oil TOU.TO: Jefferies cuts target price to C$70 from C$72

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment