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CANADA RESEARCH ROUNDUP-Blackpearl Resources, Teck Resources

Published 2016-03-24, 08:14 a/m
© Reuters.  CANADA RESEARCH ROUNDUP-Blackpearl Resources, Teck Resources
TECK
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March 24 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Blackpearl Resources, Teck Resources and Power Corporation of Canada,
on Thursday.

HIGHLIGHTS
* AGT Food and Ingredients Inc AGT.TO : CIBC raises target price to C$45 from C$39
* Corus Entertainment Inc CJRb.TO : NBF cuts to sector perform from outperform
* Power Corporation of Canada POW.TO : RBC raises target to C$33 from C$32; sector perform
* Blackpearl Resources Inc PXX.TO : RBC starts with sector perform
* Teck Resources Ltd TCKb.TO : Raymond James cuts to underperform from market perform

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

* AGF Management Ltd AGFb.TO : CIBC cuts target price to C$4.25 from C$4.50
* AGT Food and Ingredients Inc AGT.TO : CIBC raises target price to C$45 from C$39
* Alamos Gold Inc AGI.TO : CIBC raises target price to C$7 from C$6
* Blackpearl Resources Inc PXX.TO : RBC starts with sector perform; target price C$0.80
* Boyd Group Income Fund BYD_u.TO : CIBC raises target price to C$81 from C$74
* Boyd Group Income Fund BYD_u.TO : RBC raises target to C$73 from C$72; sector perform
* Corus Entertainment Inc CJRb.TO : NBF cuts to sector perform from outperform
* Directcash Payments Inc DCI.TO : BMO raises target price to C$13; rating market perform
* Inovalis REIT INO_u.TO : NBF raises target price to C$10.50 from C$10.25; outperform
* New Flyer Industries Inc NFI.TO : NBF raises target price to C$38 from C$34; outperform
* Paramount Resources POU.TO : Raymond James cuts target to C$13.5 from C$15.5; outperform
* Power Corporation of Canada POW.TO : BMO cuts target price to C$34; rating outperform
* Power Corporation of Canada POW.TO : RBC raises target to C$33 from C$32; sector perform
* Power Financial Corp PWF.TO : BMO cuts target price to C$36 from C$37; market perform
* Power Financial Corp PWF.TO : BMO cuts target price to C$36; rating market perform
* Teck Resources Ltd TCKb.TO : Raymond James cuts to underperform from market perform
* Teck Resources Ltd TCKb.TO : Raymond James raises target price to C$8.50 from C$7
* Tso3 Inc TOS.TO : Canaccord Genuity raises target price to C$3.50 from C$3.25; rating buy


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