Canada research roundup: Air Canada, Dye & Durham Limited, Onex Corporation
EWC•Analysts cut price targets for Air Canada, Dye & Durham, Algonquin Power & Utilities, BCE and Wildbrain; BMO initiated coverage of Onex with a C$160 target and an outperform rating.
1. Analyst actions
Jefferies cut its Air Canada target to C$26 from C$31. BMO cut its Dye & Durham target to C$1.25 from C$3.50 and initiated coverage of Onex with a C$160 target and an outperform rating. Barclays cut its Algonquin Power & Utilities target to C$9 from C$10, National Bank of Canada cut its BCE target to C$36 from C$38, and RBC cut its Wildbrain target to C$1.50 from C$2.
