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Msg  4539 of 6301  at  8/29/2012 10:34:41 AM  by

carswell


CANADA RESEARCH ROUNDUP

CANADA RESEARCH ROUNDUP: Bank of Montreal, Bank of Nova Scotia, Orezone Gold Corp

9:10 am -- Aug 29 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Bank of Montreal, Bank of Nova Scotia and Orezone Gold Corp, on Wednesday.

HIGHLIGHTS

* Bank of Montreal : CIBC, BMO, UBS raise price target on the stock

* Bank of Nova Scotia : National Bank Financial ups rating on co; RBC, BMO up target

* Orezone Gold Corp : CIBC cuts price target on the stock to C$4

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


* Africa Oil Corp : Dundee cuts price target to c$13 from c$13.75; rating buy

* Aurcana Corp : Stonecap raises target to C$1.50 from C$1.20; outperform rating

* Bank of Montreal : CIBC raises target to C$60 from C$59

* Bank of Montreal : BMO raises target to C$62 from C$59; rating market perform

* Bank of Montreal : UBS raises price target to C$59 from C$58; rating neutral

* Bank of Nova Scotia :National Bank Financial ups to outperform from sector perform

* Bank of Nova Scotia : BMO raises target price to C$61 from C$60; rating outperform

* Bank of Nova Scotia : RBC raises price target to C$61 from C$60; rating outperform

* Fairborne Energy : National Bank Financial cuts target price to C$2 from C$2.5

* Fairborne Energy : Canaccord Genuity cuts price target to C$2 from C$2.25

* Industrial Alliance : BMO raises to outperform from market perform; target to C$32

* LNG Energy : Paradigm cuts target to C$0.20 from C$0.50; rating speculative buy

* Luna Gold Corp : National Bank Financial starts with outperform; target of C$3.20

* Orezone Gold Corp : CIBC cuts target to C$4 from C$5; rating sector outperformer

* Orezone Gold Corp : Raymond James cuts target price to C$3 from C$3.75

* Orezone Gold Corp : BMO raises price target to C$2.50 from C$2

* Pan Orient Energy : Fraser Mackenzie cuts target price to C$5.90 from C$6.90

* Royal Host Inc : CIBC cuts target to C$1 from C$1.25; rating sector underperformer

* TeraGo Inc : TD Securities raises to buy from hold



 
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