 鲜花( 0)  鸡蛋( 0)
|
Ear on the Street --- Jan. 16 20098 p1 W( \0 ^( f$ h
8 N3 j d- B3 }+ [6 n
Absolute Software (ABT : TSX : $3.36)
/ m3 S/ O# Z; N" l% V7 s. xBracing for a tough few quarters
% F/ t5 i2 }3 v5 ~; ACanaccord Capital maintains "hold", 12-month target price is $4.502 O: Q7 Q6 G, Q2 m. N! n6 P9 K
C( u/ P2 H2 Q! ^/ @$ e, x3 a
Barrick Gold Corp. (ABX : TSX : $39.73 | NYSE : US$31.45)5 m, ]4 @* R7 |6 K
Growth outlook, challenging pipeline and high cost structure make future unclear+ y S5 \# C3 t3 b- B' h
Blackmont Capital continues "hold", 12-month target price is lowered to $48.000 r7 @0 C" d0 k( [9 c& G
TD Newcrest downgrades to "hold", 12-month target price is raised to US$37.00( j5 X0 ~* v4 h/ A) v
, F6 F' D5 J& t; E
Astral Media (ACM.A : TSX : $22.98)6 C- M# g6 R% Q' Q2 e2 w: h9 h1 }
Released Q1/09 results: strong, in light of challenging operating environment5 O- ^$ {( [% b7 D! Y: ~0 G3 z3 ?3 g
BMO Capital Markets maintains "market perform", 12-month target price is reduced to $26.00
$ z' F/ u' t$ G9 S) ~4 `5 VDesjardins Securities maintains "buy", 12-month target price is slashed to $28.00. O( a- m- E7 r5 Q
GMP Securities maintains "buy", 12-month target price is reduced to $30.00
5 L2 J0 k1 \2 R+ g/ W VRBC Capital Markets continues "outperform", 12-month target price is raised to $31.00
& y( H' v/ s1 X7 v( C' V1 rScotia Capital Markets continues "sector outperform", 12-month target price is $30.00
" E4 z' Q6 Y3 [+ D) L5 u; a4 r6 a, q+ ]! P+ b& J, d( P# C5 Q) G1 W
Agnico-Eagle Mines (AEM : TSX : $57.00 | NYSE : US$45.07)
, D& T( F" { u+ G6 G- ` k* gWell positioned with gold production forecast to double this year and next
. ^' P; [% ]7 y Q7 M" oBlackmont Capital continues "buy", 12-month target price is lowered to $83.00" T: X4 R2 y. k& V( W0 b' B
TD Newcrest upgrades to "action list buy", 12-month target price is raised to US$62.00+ d% ?- u v( q3 |
7 i( q& C/ B0 b" f3 A* J- b8 UARC Energy Trust (AET.UN : TSX : $17.15)9 C6 `& w: S1 {8 G8 l
Reduced distributions by 20%; capex also cut& b( ?# n( |1 A
RBC Capital Markets continues "outperform", 12-month target price is $19.00
- [0 J! l9 O/ h m( U2 d0 R6 Y0 w8 B3 y% D1 V" y" W
Andean Resources (AND : TSX : $0.75)
+ i1 t1 v( m' }% W- ]* f) vAnnounced F09 outlook/ I" G. e* ]2 `4 T" M s: i. K' Q
Paradigm Capital continues "speculative buy", 12-month target price is $2.25: D' V% [1 Z1 ]+ I5 E# X/ m
TD Newcrest downgrades to "hold", 12-month target price is cut to $1.00
4 k$ y& U. Y: ]; `0 q% }0 n
( m( x0 B- W1 c& O) X0 JBombardier Inc. (BBD.B : TSX : $4.65)+ i) w9 ^7 `2 D/ }
Rising challenges in Aerospace& T3 m* n! R- c+ P. r. B" Y
GMP Securities continues "buy", 12-month target price is $8.00
, z3 G7 w# R3 o X. C% t0 |
" X, o4 O3 {* q$ H! u& sBank of Montreal (BMO : TSX : $31.84)/ f6 e' C. y* \( d7 w2 F) P
Acquiring AIG's Canadian life insurance business9 F" G: j. V0 L
TD Newcrest continues "hold", 12-month target price is $37.00
$ H" M( |5 v# V$ O0 C( @, M) ` t7 k/ }8 [
Cogeco Cable (CCA : TSX : $33.37)
. u( h1 s; y2 w+ f1 ^, pQ1 review: Canada results encouraging, but Portugal remains a drag8 h+ \0 A4 A# R, h& j
BMO Capital Markets maintains "outperform", 12-month target price is $46.00
& L2 @/ C2 r: G! V3 \Desjardins Securities continues "top pick", 12-month target price is $40.00
; e" @( y0 v3 E% t6 I2 ^5 b: ~RBC Capital Markets maintains "sector perform", 12-month target price is raised to $43.00
7 S3 c, M* k' M# W5 K e5 n* kScotia Capital Markets continues "sector outperform", 12-month target price is $55.00
9 z1 {- d0 L3 N7 o% m- u9 h
+ N" Y. w8 ~8 i" G! ~& `% a7 L2 iCorridor Resources (CDH : TSX : $2.45)2 t1 B; L, {) Z& \3 q
Capital budget set to expected cash flow; production guidance lowered
# C+ m3 y' }2 T9 c4 G& u/ aRBC Capital Markets maintains "outperform", 12-month target price is $4.25
: d4 c9 l# H# p1 A
a1 h2 _, y, [+ kCOGECO Inc. (CGO : TSX : $25.14): @1 t2 H8 i- f5 j) Z
Strong radio and cable drives 39% EPS growth
; W: c+ H0 C' P2 n# U. OScotia Capital Markets continues "sector perform", 12-month target price is $45.006 w! ~) K" t" v# O& T
. a+ h7 [1 o; e) B- h' _7 d. t( I
CanWest Global Communications (CGS : TSX : $0.51)
/ v; Q! I8 {7 x$ s* HTaking action to address tough operating environment4 G% c; `( ^: ~( b. S. G! D+ I
BMO Capital Markets maintains "underperform", no target price reported" s) I+ J X& a+ @5 d |3 i
Credit Suisse maintains "neutral", 12-month target price is $1.00 l% e' ~7 v1 L3 Y
GMP Securities continues "reduce", 12-month target price is $0.50
$ v3 B0 Y$ T" nRBC Capital Markets continues "underperform", 12-month target price is $0.750 f' d" F0 V% ^- |* w6 i: x2 T
Scotia Capital Markets continues "sector underperform", 12-month target price is $0.50
/ X' Y @+ t8 m
0 P: ?$ ?) s7 J# U/ u" VCorus Entertainment (CJR.B : TSX : $12.47)
* j4 b; ~$ U; n8 W" j, x/ kQ1 revenues in line, EPS beat
9 D: W1 { T$ t+ R2 MBMO Capital Markets continues "market perform", 12-month target price is cut to $15.00; [8 K, ^2 q* V* M
Credit Suisse continues "outperform", 12-month target price is $20.00
7 R# d# G7 ] c/ N( Q" e( m1 _Desjardins Securities maintains "buy", 12-month target price is lowered to $15.002 ^7 M6 b5 M p" Y$ o# D1 Z
GMP Securities maintains "buy", 12-month target price is reduced to $17.00 x$ B' n# X# K
RBC Capital Markets maintains "outperform", 12-month target price is raised to $18.50* ]9 U; X) `0 w' u
Scotia Capital Markets continues "sector outperform", 12-month target price is $18.00/ V' q' @6 c4 P, {. n
6 G$ d* @: G- ?( k* J' n7 ]* ECalloway REIT (CWT.UN : TSX : $11.84): s4 ]' z; l# @( T
Held investor day# d& M) I- @( h, l
Scotia Capital Markets maintains "sector underperform", 12-month target price is $11.00 m" K v" i' y
9 K( N! I3 P6 \, q4 s
Daylight Resources Trust (DAY.UN : TSX : $7.77)
4 z$ W8 S P' \7 cReduced distributions by 38%; guided for lower capex
& V% |1 y, a6 i- ?# L% r% ABMO Capital Markets maintains "market perform", 12-month target price is lowered to $9.00
" g+ j! k# }4 ZDundee Capital Markets continues "buy", 12-month target price is $12.00# Q# B* u, ^ b. P' u, s( N0 s
TD Newcrest continues "hold", 12-month target price is $7.507 H4 G; U+ s J2 L
. `/ K- G+ ?8 S3 w3 CEXFO Electro-Optical Engin. (EXF : TSX : $3.65 | EXFO : NASDAQ : US$2.90); b, y. z: X& P3 v/ W+ N7 @" t
Steady market and currency tailwind1 h3 a! U( _6 E. V
TD Newcrest maintains "buy", 12-month target price is US$5.00
- Z; E. k$ ?' L# d# g& |* l. O& x( [ G+ o. p* V
Goldcorp Inc. (G : TSX : $29.74)
* @: [& R* x+ Y1 V) H' mRevised commodity forecasts# [4 r2 V3 D+ o1 t4 ]
Blackmont Capital maintains "buy", 12-month target price is reduced to $49.00
7 k/ g3 y0 F0 e' n: b/ p& d. y8 J% N/ P3 B% L) m
Heritage Oil (HOC : TSX : $3.77)+ C: v2 f0 _2 Z% h7 Y' i6 l: v
Announced Ugandan commerciality on exploration success
7 m* W* d0 p; p q$ B) B. DTD Newcrest maintains "speculative buy", 12-month target price is raised to $5.50
& h. t: r% L, y2 c4 w
, V+ R* G, ~' y7 Y8 Q+ y8 _Harry Winston Diamond (HW : TSX : $4.98)
) ~8 t! A, O" u' O8 mRetail division suffers
' l6 |* I. c- a) v9 P- ]- xDesjardins Securities maintains "buy", 12-month target price is $12.60 a+ ^2 \9 z1 {* i/ E2 F1 ?
6 O1 R2 z4 L% t6 k
Laramide Resources (LAM : TSX : $1.84)
9 d' R. L2 n0 C5 \, }Westmoreland provided more high grade at Redtree's Jack Lens! M1 r# } G$ {7 o
Dundee Capital Markets continues "buy", 12-month target price is $2.30
$ \1 O) p5 t+ s* ]+ N0 E" r7 l; A& K6 a2 `, h. Z; I
Lockerbie & Hole (LH : TSX : $6.00); G/ W f- f2 }- `: n
Released Q3/09 results: very strong, focus should be on active backlog
9 W- t/ s1 b% X qGMP Securities continues "buy", 12-month target price is $9.00
8 ?! p$ ?) \1 J6 G p* eRaymond James maintains "market perform", 6-12 month target price is $8.25
& S: d" l2 u# i1 B5 H' M, `
$ x) L* f5 i6 b: K" [% X& i. yLivingston Intl Income Fund (LIV.UN : TSX : $6.00)' ^+ X$ I5 E s% } T$ U
Reduced distributions by 70%
# f. Z4 D( v1 M+ L( KRBC Capital Markets maintains "outperform", no target price reported
7 |4 }4 r0 {. ^Scotia Capital Markets continues "sector underperform", 12-month target price is $6.500 N) y3 M/ h) B( ]- ]( Q
6 l9 p! j) P7 y( j, oMatrikon Inc. (MTK : TSX : $2.04)( c$ r& F( }% w2 l4 Z' p# {0 Z
Released Q1/09 results: a little light, but still respectable& y0 U: |( r& n, P7 Z
BMO Capital Markets continues "outperform", 12-month target price is lowered to $2.504 N8 F) `$ o% A. Z: Q/ E
Paradigm Capital maintains "buy", 12-month target price is $4.00
, x/ T8 R( H' `) P! I
1 i/ X; k+ `1 x6 t( qMullen Group Income Fund (MTL.UN : TSX : $10.97)" i+ E3 K9 ~; r
Expecting lower CFPU on higher taxes
$ ^* U9 ^+ \6 u, NBMO Capital Markets continues "outperform", 12-month target price is $18.00& {6 r# i( O6 x2 W
RBC Capital Markets continues "sector perform", 12-month target price is $12.00
u: j. @' _* j2 ]5 }2 lTD Newcrest continues "buy", 12-month target price is $17.00
9 S% J& `4 B# e( M, t0 s' h* R$ k
; P$ s9 M2 s# v. pNorthgate Minerals Corp. (NGX : TSX : $1.08 | NXG : AMEX : US$0.86): g+ k# `. i o- Z; ~* E
Released Q4/08 results: Kemess winding down, Aussie ops improving, growth remains uncertain8 n. J. g) i; V$ _1 p( W* c
Blackmont Capital continues "hold", 12-month target price is reduced to $1.250 y' `! V* b# s
Credit Suisse maintains "neutral", 12-month target price is US$1.004 s5 U; v' [0 i% q" P
Scotia Capital Markets continues "sector underperform", 12-month target price is US$0.809 `# ]% o4 d& i: m$ M) M5 @' ~
* l2 z" C- E& t
Neptune Tech & Bioresources (NTB : TSX-V : $0.79)+ u, c- H( J7 ^9 k- D- P
Dietary supplement business facing headwinds
) _" N( e( |7 o7 ~2 ]Paradigm Capital maintains "buy", 12-month target price is reduced to $4.00
5 v9 D# f, n) a+ v4 A1 c2 B9 u: y+ L4 n4 @: N5 O% ^
Open Range Energy (ONR : TSX : $1.18)) w4 q/ B; F$ A% `* e, R7 ?4 K
Provided operational update and F09 guidance& i# K# |$ y6 ?# z" d$ _8 }
Haywood Securities continues "sector outperform", 12-month target price is $3.25/ d; o4 J$ E; j' Z, p& J" p+ `
( `, m7 A8 i1 A3 w. x+ W5 F$ l
Osisko Mining (OSK : TSX : $3.13)
0 x2 {+ \- H/ g1 s( z" wSouth Barnat resource around the corner
* y! t# S J# rParadigm Capital continues "speculative buy", 12-month target price is $4.756 [8 t2 b [8 L% k( Y3 w6 ^
+ n' ? t4 ` m( ]" vPan American Silver (PAA : TSX : $17.39 | PAAS : NASDAQ : US$13.75)
5 v2 a7 K# ]. {0 \Provided operational update
/ p( w! e4 O) V! u0 [0 CBlackmont Capital maintains "hold", 12-month target price is lowered to $19.00
) I, a4 ^& A( z- }% gTD Newcrest downgrades to "hold", 12-month target price is raised to US$17.50
- x6 @7 r& w$ b% t/ P2 e" i& \, b% H% E
Paramount Resources (POU : TSX : $7.85)
: ?+ F( S8 l; E2 g: KProvided operational update: Grande Prairie emerging as the key focus for F097 y# Z% s% W9 P& r. K8 f
GMP Securities maintains "buy", 12-month target price is $12.009 a+ w2 B- O4 H
5 z' m, U2 d: z+ NRockwell Diamonds (RDI : TSX : $0.07)
; @9 z& {3 y, g) V5 f& J) K" F& L8 l$ LOperations starting to turn the corner+ B; j, _+ O- b- x' u' N
RBC Capital Markets maintains "outperform", no target price reported
, r( J' F8 _/ L& V% F1 \# q
! {3 G- X0 Y' @. ~/ @Shaw Communications (SJR.B : TSX : $20.13)
, |0 l, n4 F7 y8 K. ?Released Q1/09 results: in line, subscribers ahead
G& ]" w' S8 X7 `Credit Suisse maintains "neutral", 12-month target price is $25.50
4 j- F6 v1 k; i) r9 [7 O1 d- j2 YGMP Securities continues "buy", 12-month target price is $26.508 |; a% m0 D% V3 u+ O: Z, \
. W0 g2 L6 X% z( j& X
Sun Life Financial Inc. (SLF : TSX : $25.95 | NYSE : US$20.48)
# Q2 b' Y/ [, a0 P& p; cHeld a sell-side lunch showcasing new U.S. team
+ i/ T# Y/ C8 o/ @: Z4 kScotia Capital Markets maintains "sector perform", 12-month target price is $33.00+ I n( o* r" [3 a! V* P6 U# G
6 N9 g0 a! {, S+ O u* r
Trican Well Service (TCW : TSX : $6.93)
; q9 S0 P, |$ b0 n" C# Y8 ?Awarded Russian contracts3 t7 N3 _0 `# W1 t5 l
Blackmont Capital maintains "hold", 12-month target price is reduced to $8.75$ L" A% @+ O+ P2 K( j1 O9 h4 h: g' x
Raymond James maintains "market perform", 6-12 month target price is lowered to $9.00
( E6 w: Q; }; |0 KRBC Capital Markets maintains "sector perform", 12-month target price is $10.00
+ W2 x+ W7 d S4 ]: I& f) h1 e7 j p
Sino-Forest Corp. (TRE : TSX : $8.93). J( k0 e0 v3 f7 F0 h0 J4 U& O% ]
Chinese furniture exports rose in November1 k# [4 e9 u: u( ?8 ]3 Q
Dundee Capital Markets maintains "buy", 12-month target price is $23.50* w! q3 I5 |- ^* S0 R! k
, N6 X$ F7 [7 s0 [; t9 D" T7 VUEX Corp. (UEX : TSX : $0.88)
, |6 K& }8 y/ m3 v+ g0 v- X! P, J- @$ LShea Creek's two largest deposits have become one% O( w' Z3 e2 x, c5 Z) u$ K
Dundee Capital Markets maintains "buy", 12-month target price is $2.75* [+ _& N; D8 b# x8 l4 i t" c
- y2 c: K1 d0 [& F/ u7 p3 p- R
Vero Energy (VRO : TSX : $4.72)* f# `( @! Q7 M% M1 H7 K/ w9 v# p
Released Q4/08 results: horizontal focus to continue in F09
( h- C& Z7 Z4 Y9 L7 X H4 EDundee Capital Markets continues "buy", 12-month target price is $8.00
9 P* `8 k' j& K A6 d3 BGMP Securities continues "buy", 12-month target price is $7.50
4 G# H9 U! A% bParadigm Capital continues "buy", 12-month target price is $12.004 M6 z/ n( `( W
RBC Capital Markets maintains "outperform", 12-month target price is $8.50
6 A+ g4 u1 Z6 c6 h& y. o+ P$ _9 X6 V# j2 F, v: T
Wi-Lan Inc (WIN : TSX : $1.75)
- B$ S* k8 z& V3 S5 u$ ?# ZHit homerun with Samsung+ U4 b9 P( u6 W5 p4 F
Paradigm Capital continues "buy", 12-month target price is $3.50 |
|