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Canadian High Yield Corporations (formerly Trusts)
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CANADA RESEARCH ROUND-UPCANADA RESEARCH ROUND-UP CANADA RESEARCH ROUND-UP: Chorus Aviation, IBI Group 3:34 pm -- May 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Chorus Aviation, Claude Resources and Bankers Petroleum, on Tuesday. HIGHLIGHTS * Chorus Aviation : National Bank Financial ups to sector perform * Claude Resources Inc : CIBC, Canaccord Genuity cuts price target * IBI Group Inc : Canaccord Genuity, Stonecap, others cut price target on stock * Bankers Petroleum : Macquarie, NBF, Raymond James, others cut targets Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. ** Posted by Carswell on Canadian Blue-Chip NEWS * Aimia Inc : TD Securities raises to buy from hold * Aimia Inc : TD Securities raises price target to C$17 from C$14.50 * Algonquin Power & Utilities : Macquarie starts with an outperform rating * Axia Netmedia : National Bank Financial raises price target to C$1.50from C$1 * Bankers Petroleum : Macquarie cuts price target by C$1 to C$7; rating outperform * Bankers Petroleum : NBF cuts target to C$5.90 from C$6.50;rating sector outperform * Bankers Petroleum : Raymond James cuts target to C$3.20 from C$5;rating outperform * Bankers Petroleum : TD Securities cuts to buy from action list buy * Bankers Petroleum : TD Securities cuts price target to C$5.50 from C$9 * Bankers Petroleum : Dundee cuts target price to C$4.50 from C$7.60, rating neutral * Bankers Petroleum : Haywood cuts target price to C$6, rating sector outperform * Canaco Resources : TD Securities cuts price target to C$1 from C$4 * Celtic Exploration : UBS starts with buy; price target C$19 * Chorus Aviation : National Bank Financial ups to sector perform from underperform * Chorus Aviation : National Bank Financial cuts price target to C$3.05 from C$3.25 * Claude Resources Inc : CIBC cuts price target to C$1.50 from C$1.70 * Claude Resources Inc : Canaccord Genuity cuts price target to C$2 from C$2.25 * Claude Resources Inc : Desjardins cuts price target to C$1.60 from C$2, rating buy * Cline Mining : Fraser Mackenzie cuts target to C$0.80 from C$1 * Contrans Group : CIBC raises target to C$10.50 from C$10; rating sector performer * Contrans Group : BMO raises price target to C$10.50 from C$10; rating outperform * Contrans Group : TD Securities raises target to C$11 from C$10.50; rating buy * Copper Mountain : BMO cuts price target to C$5 from C$5.25; rating market perform * Eastern Platinum : Raymond James Cuts price target to C$0.55 from C$0.70 * Eastern Platinum : Paradigm cuts target price to C$0.75 from C$2, rating buy * Eastern Platinum : Raymond James cuts price target to C$0.55 from C$0.70 * EcoSynthetix Inc : Canaccord Genuity cuts price target to C$10 from C$11.50 * EcoSynthetix Inc : UBS cuts price target to C$4.75 from C$5.5; rating neutral * Electrovaya : Wedbush cuts price target to C$2 from C$4; rating outperform * Exall Energy : Dundee cuts to neutral from buy * Exall Energy : Dundee cuts price target to C$1.85 from C$2.30 * Fortress Paper : Raymond James cuts target to C$46 from C$52, rating outperform * Guestlogix : LB Securities raises target price to C$0.50 from C$0.45; rating hold * Guyana Goldfields : TD Securities cuts target to C$3.50; rating speculative buy * Hana Mining Ltd : Canaccord genuity cuts to sell from speculative buy * Hana Mining : Raymond James cuts to market perform from outperform * Hudbay Minerals : TD Securities cuts target to C$12 from C$13.50; rating hold * Hudbay Minerals : Raymond James cuts price target to C$12 from C$13 * IAMGOLD Corp : Macquarie cuts price target to C$16 from C$19; rating outperform * IBI Group : Canaccord Genuity cuts price target to C$12 from C$15; rating hold * IBI Group : Raymond James cuts target to C$15 from C$16.50; rating outperform * IBI Group : Stonecap cuts price target to C$15 from C$16; rating outperform * IBI Group : TD Securities cuts price target to C$16 from C$17.50; rating buy * IBI Group : LB Securities cuts target price to C$15.50 from C$17.50; rating buy * Imperial Metals : TD Securities cuts target to C$16 from C$18.50; rating hold * Intact Financial : Macquarie raises target to C$73 from C$72, rating outperform * Liquor Stores : National Bank ups target to C$18 from C$16; rating sector perform * Lone Pine Resources : RBC cuts target to $7 from $8; rating sector perform * Lone Pine Resources : TD Securities cuts price target to C$9 from C$11; rating buy * Medical Facilities : NBF raises target to C$13 from C$12, sector perform rating * Mood Media : NCP Northland cuts to sector perform from sector outperform * New Flyer Industries : NBF cuts target to C$8.50 from C$8.75; rating outperform * Parex Resources : Raymond James cuts target to C$6.50 from C$7; rating outperform * Petrominerales : Raymond James cuts price target to C$15 from C$16 * Power Financial : CIBC raises target to C$30.50 from C$29.50; sector performer * Queenston Mining : Dundee Capital Markets cuts target to $5.50 from $7; rating buy * Renegade Petroleum : Fraser Mackenzie raises target to $5.50 from $5; strong buy * Silver Wheaton Corp : CIBC cuts price target to $45 from $48 * Silver Wheaton Corp : Macquarie raises to outperform from neutral * Southern Pacific : TD Securities raises target to C$3.50 from C$2.75; rating buy * Southern Pacific : Raymond James ups target to C$2.75 from C$2.50 * Southgobi Resources : CIBC cuts target to C$11 from C$13; sector outperformer * Stella-Jones : BMO raises target price to C$58 from C$49; rating outperform * Titanium Corporation : Stonecap starts with outperform * TMX Group : Macquarie cuts price target to C$41 from C$44; rating neutral * Trevali Mining : Raymond James cuts target to C$2.10 from C$2.15; rating outperform * Valener : National Bank Financial raises to sector perform from underperform * Zargon Oil & Gas : TD Securities cuts target to C$13.50 from C$15.50; rating hold
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