CANADA RESEARCH ROUNDUP-Baytex Energy, Enerflex, TCP Energy

Reuters03-30
CANADA RESEARCH ROUNDUP-Baytex Energy, Enerflex, TCP Energy

March 30 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Baytex Energy, Enerflex and TCP Energy on Monday.

HIGHLIGHTS

* Aecon Group Inc ARE.TO: BMO resumes coverage with target price C$45 vs C$40

* Baytex Energy Corp BTE.TO: Raymond James raises to outperform from market perform

* Enerflex Ltd EFX.TO: Raymond James raises target price to C$40 from C$34

* Imperial Oil IMO.TO: Raymond James raises target price to C$126 from C$107

* TCP Energy Corp TRP.TO: Raymond James raises target price to C$78 from C$74

Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries are in alphabetical order.

* Aecon Group Inc ARE.TO: BMO resumes coverage with market perform rating

* Aecon Group Inc ARE.TO: BMO resumes coverage with target price C$45 vs C$40

* Aecon Group Inc ARE.TO: TD Cowen resumes coverage with buy rating

* Aecon Group Inc ARE.TO: TD Cowen resumes coverage with price target C$49 vs C$47

* AGT Food and Ingredients AGTF.TO: ATB Capital Markets initiates coverage with PT C$25

* AGT Food and Ingredients AGTF.TO: ATB Capital Markets initiates coverage with outperform rating

* AGT Food and Ingredients AGTF.TO: RBC initiates coverage with target price C$25

* AGT Food and Ingredients AGTF.TO: RBC initiates coverage with outperform rating

* AGT Food and Ingredients AGTF.TO: TD Cowen initiates coverage with hold rating

* AGT Food and Ingredients AGTF.TO: TD Cowen initiates coverage with PT C$21

* Athabasca Oil Corp ATH.TO: Raymond James raises target price to C$13 from C$8

* Athabasca Oil Corp ATH.TO: Raymond James raises to outperform from market perform

* Baytex Energy Corp BTE.TO: Raymond James raises to outperform from market perform

* BRP Inc DOO.TO: Citigroup cuts target price to C$119 from C$128

* BRP Inc DOO.TO: RBC cuts target price to C$124 from C$131

* Cardinal Energy Ltd (Alberta) CJ.TO: Raymond James raises PT to C$13 from C$9.5

* Cardinal Energy Ltd (Alberta) CJ.TO: Raymond James raises to outperform from market perform

* Cenovus Energy Inc (Pre-Merger) CVE.TO: Raymond James raises target price to C$42 from C$33

* Enerflex Ltd EFX.TO: Raymond James raises target price to C$40 from C$34

* Freehold Royalties Ltd FRU.TO: Raymond James cuts to market perform from outperform

* Gran Tierra Energy Inc GTE.TO: Raymond James raises target price to C$15 from C$9

* Gran Tierra Energy Inc GTE.TO: Raymond James raises to outperform from market perform

* Imperial Oil IMO.TO: Raymond James raises target price to C$126 from C$107

* Keyera Corp KEY.TO: Raymond James raises target price to C$66 from C$63

* Lassonde Industries Inc LASa.TO: Stifel raises target price to C$280 from C$265

* Obsidian Energy Ltd OBE.TO: Raymond James raises target price to C$15 from C$10

* Obsidian Energy Ltd OBE.TO: Raymond James raises to outperform from market perform

* Prairiesky Royalty Ltd PSK.TO: Raymond James cuts to market perform from outperform

* Precision Drilling Corp PD.TO: Raymond James raises target price to C$158 from C$143

* Suncor Energy Inc SU.TO: Raymond James raises target price to C$93 from C$76

* Surge Energy Inc (Alberta) SGY.TO: Raymond James raises PT to C$11 from C$9

* Surge Energy Inc (Alberta) SGY.TO: Raymond James raises to outperform from market perform

* TCP Energy Corp TRP.TO: Raymond James raises target price to C$78 from C$74

* Topaz Energy Corp TPZ.TO: Raymond James cuts to market perform from outperform

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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