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CP Rail, Home Capital, Transalta Renewables

CP Rail, Home Capital, Transalta Renewables

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Securities analysts revised their ratings and price targets on several Canadian companies, including Canadian Pacific Railway, Home Capital Group and Transalta Renewables, on Thursday. HIGHLIGHTS * Canadian Pacific Railway Ltd : Desjardins raises target price to C$232 from C$221 * Home Capital Group : Raymond James cuts to market perform from outperform * Sleep Country Canada Holdings : TD Securities ups target price to C$42 from C$36 * Transalta Renewables Inc : Raymond James cuts to market perform from outperform Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in alphabetical order. * Blackline Safety : Raymond James starts with strong buy, C$4.50 target price * Canadian Pacific Railway Ltd : Desjardins raises target price to C$232 from C$221 * Canadian Pacific Railway Ltd : RBC raises target price to C$226 from C$224 * CCL Industries Inc : BMO raises price target to C$335 from C$330; outperform * Entree Gold Inc : TD Securities raises price target to C$0.80 from C$0.55 * Home Capital Group : National Bank cuts PT to C$23 from C$27; underperform * Home Capital Group : Raymond James cuts target price to C$23 from C$34 * Home Capital Group : Raymond James cuts to market perform from outperform * Innergex Renewable Energy Inc : Raymond James cuts to outperform from strong buy * Klondex Mines Ltd : BMO cuts target price to C$5.75 from C$7 * Rogers Communications Inc : Barclays raises target price to C$63 from C$57 * Roxgold : Canaccord Genuity ups to buy from speculative buy; price target C$2 * Sleep Country Canada Holdings : TD Securities ups target price to C$42 from C$36 * Surge Energy Inc : BMO raises price target to C$3.25 from C$3; outperform * Tag Oil Ltd : TD Securities cuts price target to C$1.25 from C$1.35 * Thomson Reuters Corp : Berenberg starts with sell; C$50 price target * Theratechnologies Inc : CIBC starts with outperformer; C$10 price target * Transalta Renewables Inc : Raymond James cuts to market perform from outperform (Compiled by Bengaluru Newsroom)

Source:Reuters-TOI

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Anand Gupta Editor - EQ Int'l Media Network

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