Wednesday, April 23, 2014

Upgrades, Downgrades and Target Changes - Apr 23 2014

Company Rating/Target Change
Africa Oil Corp HSBC starts with overweight; price target C$10.20
Amica Mature Lifestyles Raymond James cuts target to C$9 from C$10; outperform
Aurico Gold Canaccord Genuity cuts target price to C$6; rating buy
Aurico Gold  Dundee cuts target price to C$5.50 from C$5.75; rating neutral
 Brookfield Canada Office CIBC raises price target to C$28.50 from C$27.75
 Brookfield Canada Office TD Securities cuts target to C$30 from C$31; buy
Canaccord Genuity Group Inc. Scotia raises target to $10 from $8.50
Canadian National Railway Canaccord Genuity ups target to C$62.50 from C$60.50
Canadian National Railway Scotia raises target to $69 from $65
Canadian National Railway TD Securities raises target to C$65 from C$61; hold
Canadian National Railway Desjardins raises target to C$67 from C$66; rating buy
Canadian Pacific Railway Desjardins raises target to C$182 from C$181; rating buy
Canadian Pacific Railway Canaccord Genuity ups target to C$182 from C$178; hold
Canadian Pacific Railway Scotia raises target to $187 from $176
Canadian Pacific Railway FirstEnergy Capital raises target to C$180 from C$165
Canfor Corp Dundee starts with buy rating
CI Financial CIBC raises target price to C$41 from C$39; rating sector performer
Crombie REIT Crombie REIT
 Domtar Corp Dundee starts with buy rating
Equitable Group Inc. Scotia raises target to $60 from $57
Encana Corporation Bernstein raises target to C$20 from C$18; market perform
GMP Capital Inc: Scotia raises target to $8.50 from $8
 IGM Financial CIBC raises target to C$64 from C$62; rating sector performer
Legacy Oil + Gas Haywood raises target price by C$2 to C$11; rating buy
Parex Resources  Canaccord Genuity raises target to C$12 from C$11.25; rating buy
Russel Metals Inc  CIBC raises target to C$31 from C$29; rating sector performer
Sun Life Financial Inc UBS starts with buy
Teck Resources Paradigm cuts target price to C$40 from C$42.50; rating buy
Teck Resources RBC cuts target price to C$32 from C$33; rating outperform
Teck Resources Canaccord Genuity raises target to C$28 from C$27; rating hold
Wellgreen Platinum Mackie Research cuts target to C$2.20 from C$2.90; spec buy
West Fraser Timber Dundee starts with buy rating
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