Canada research roundup: Athabasca Oil, Cenovus Energy, Enbridge
CVE•Analysts raised Athabasca Oil’s target to C$12 from C$11, cut Cenovus Energy’s to C$57 from C$60, and cut Enbridge’s to C$76 from C$81.
1. Analyst target changes
Scotiabank raised its price target for Athabasca Oil to C$12 from C$11. National Bank of Canada cut its Cenovus Energy target to C$57 from C$60, while JPMorgan lowered its Enbridge target to C$76 from C$81.
2. Other company updates
ATB Cormark raised Suncor Energy’s target to C$110 from C$108. Stifel initiated coverage of Goldsky Resources with a speculative buy rating and a C$6.20 target.
