Canada Research Roundup-Lunr Royalties, Roots, Scotiabank
XLF•Analysts revise ratings and targets on Canadian companies
Aug. 21 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Lunr Royalties Corp, Roots Corp and Scotiabank, on Friday.
Highlights
| * Lunr Royalties Corp. LUNR.TO: Jefferies initiates coverage with buy rating |
| * Toronto-Dominion Bank TD.TO: Barclays raises target price to C$164 from C$140 |
| * Royal Bank of Canada RY.TO: Barclays raises target price to C$300 from C$260 |
| * Roots Corp ROOT.TO: TD Cowen cuts to sell from hold |
| * Scotiabank BNS.TO: KBW resumes coverage with outperform rating |
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
| * Bank of Montreal BMO.TO: Barclays raises target price to C$240 from C$203 |
| * Bank of Montreal BMO.TO: KBW resumes coverage with outperform rating; PT C$295 |
| * Bank of Nova Scotia BNS.TO: Barclays raises target price to C$130 from C$110 |
| * BlackRock Silver Corp BRC.V: Canaccord Genuity initiates coverage with speculative buy rating; target price C$2.1 |
| * Canadian Imperial Bank of Commerce CM.TO: Barclays raises PT to C$170 from C$144 |
| * CIBC CM.TO: KBW resumes coverage with market perform rating; target price C$186 |
| * Lunr Royalties Corp. LUNR.TO: Jefferies initiates coverage with buy rating; PT C$24 |
| * National Bank of Canada NA.TO: Barclays raises target price to C$220 from C$188 |
| * Northisle Copper and Gold Inc NCX.V: CIBC initiates coverage with outperformer rating |
| * Northisle Copper and Gold Inc NCX.V: CIBC initiates coverage with PT C$7 |
| * RBC RY.TO: KBW resumes coverage with market perform rating; target price C$316 |
| * Roots Corp ROOT.TO: TD Cowen cuts to sell from hold; cuts PT to C$4.1 from C$4.5 |
| * Royal Bank of Canada RY.TO: Barclays raises target price to C$300 from C$260 |
