SGI should rally tomorrow...

 

CANADA RESEARCH ROUNDUP: Saputo, Argonaut Gold, Legacy Oil + Gas11 hours ago by Thomson Reuters

Dec 4 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Saputo, Argonaut Gold and Legacy Oil + Gas, on Tuesday.

HIGHLIGHTS

* Argonaut Gold : RBC starts with outperform rating; price target of C$14

* Saputo : BMO, Canaccord Genuity, others raise price target on stock

* Legacy Oil + Gas Inc : Raymond James cuts to outperform from strong buy

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

* Argent Energy Trust : TD Securities starts with hold; price target of C$11.50

* Argonaut Gold Inc : RBC starts with outperform rating; price target of C$14

* Canacol Energy : Mackie Research raises target to C$1.35 from C$1.25; rating buy

* Continental Gold : Dundee Capital raises target to C$15 from C$14; rating buy

* Exco Technologies : Canaccord Genuity ups target to C$6.50 from C$6.25;rating buy

* Legacy Oil + Gas Inc : Raymond James cuts to outperform from strong buy

* New Zealand Energy : Dundee Capital starts with buy rating; price target of C$3.75

* Niko Resources : RBC cuts target price to C$11 from C$14; rating sector perform

* Penn West Petroleum : CIBC reinstates coverage with sector outperformer rating

* Revett Minerals : Stonecap Securities cuts target to C$5.60 from C$6

* Rockgate Capital : Dundee Capital cuts target to C$1.35 from C$1.50; rating buy

* Saputo : BMO raises to outperform from market perform; target to C$55 from C$45

* Saputo : Canaccord Genuity raises price target to C$49 from C$45; rating hold

* Saputo : CIBC raises price target to C$50 from C$49; rating sector performer

* Saputo : RBC raises target price to C$52 from C$48; rating outperform

* ShawCor Ltd : RBC cuts target price to C$47 from C$50; rating outperform

* Sprott Inc : M Partners cuts price target to C$4.75 from C$5.25; rating buy

* TORC Oil and Gas Ltd : CIBC starts with sector outperformer rating; target C$3.50

* West Fraser Timber : TD Securities ups to buy from hold; target to C$83 from C$65