 鲜花( 0)  鸡蛋( 0)
|
Ear on the Street --- Jan. 16 2009' g% p, m& u3 i; V% K+ ?
3 j0 b8 ~3 u, }7 A
Absolute Software (ABT : TSX : $3.36)
/ t+ m, e7 B( ], e, \! D$ z7 |Bracing for a tough few quarters
6 j+ x* r& d$ ~3 u5 T. B! T/ BCanaccord Capital maintains "hold", 12-month target price is $4.50
- h' M+ c4 ]/ V3 T% g2 ?2 u+ I* |! Q
# O. m/ m' I. H5 y9 i0 \Barrick Gold Corp. (ABX : TSX : $39.73 | NYSE : US$31.45)
% f- u9 g( ?0 ?$ `Growth outlook, challenging pipeline and high cost structure make future unclear' n( W6 D1 K8 @, v/ Y9 w$ D$ K
Blackmont Capital continues "hold", 12-month target price is lowered to $48.007 S% N6 o$ X! c: ^; B
TD Newcrest downgrades to "hold", 12-month target price is raised to US$37.00) f: s( K {4 y4 M4 `7 {
7 B# T) _! K7 Z# r
Astral Media (ACM.A : TSX : $22.98)
9 i$ S. \. |- q% f* C, G7 z! M4 C! Z# ZReleased Q1/09 results: strong, in light of challenging operating environment- D) s5 E6 O! {0 ]
BMO Capital Markets maintains "market perform", 12-month target price is reduced to $26.00
! z2 m# L# L, u( }, I7 o$ g( PDesjardins Securities maintains "buy", 12-month target price is slashed to $28.00 P; v8 ]; M* q) E) z7 B
GMP Securities maintains "buy", 12-month target price is reduced to $30.00* Q2 Q+ a0 ?5 K( w5 Y! w
RBC Capital Markets continues "outperform", 12-month target price is raised to $31.00
: a4 p4 s% t8 @: r2 K) aScotia Capital Markets continues "sector outperform", 12-month target price is $30.00
; h8 B: {# O) E) o' V9 Z: {8 C6 C
& o$ j/ ~6 c% ]: H/ \Agnico-Eagle Mines (AEM : TSX : $57.00 | NYSE : US$45.07)
* a) i! d) B7 e) E! IWell positioned with gold production forecast to double this year and next
, k& A2 R3 j: \% X2 `: KBlackmont Capital continues "buy", 12-month target price is lowered to $83.003 [' Q S& A5 J) e( v0 r
TD Newcrest upgrades to "action list buy", 12-month target price is raised to US$62.00
' t0 d& t. b5 t. |2 |
' v$ D/ c2 i" t! ~- \' o% RARC Energy Trust (AET.UN : TSX : $17.15)$ Z! n# n. I7 N- m0 I7 t/ ^ e0 i, K/ W
Reduced distributions by 20%; capex also cut" ? E! S4 A( Y+ h/ w& N
RBC Capital Markets continues "outperform", 12-month target price is $19.00
( c/ h6 l a: q! b
7 o8 U8 y) L x, O, N& i* A OAndean Resources (AND : TSX : $0.75)9 ]# [3 s' [, M5 w: J2 J
Announced F09 outlook
- i& J& P7 X( \) w( uParadigm Capital continues "speculative buy", 12-month target price is $2.254 D/ ?3 G& ~; h. H7 }/ u
TD Newcrest downgrades to "hold", 12-month target price is cut to $1.00 f8 x! z% `+ f7 _4 Z
$ d' a9 Z, w2 q2 x3 dBombardier Inc. (BBD.B : TSX : $4.65)
- ~5 Z9 s. j+ L" ?+ m+ f: QRising challenges in Aerospace. l8 V' L0 y1 b% O! l
GMP Securities continues "buy", 12-month target price is $8.00
" R- [% [+ B5 r) {! x$ Y6 x o2 ~5 S- V# U; ~ M- k8 A' G- P) F$ ~
Bank of Montreal (BMO : TSX : $31.84)
2 n5 m1 `, H6 C- z2 w& [Acquiring AIG's Canadian life insurance business2 q' m/ D: E) c/ g' W A5 g6 n2 \
TD Newcrest continues "hold", 12-month target price is $37.00
9 b. Y# L7 n: N2 p
% n% T) d2 U' ~( q# K% c* yCogeco Cable (CCA : TSX : $33.37)# C: J( u- I6 K0 Y' D4 Z/ @
Q1 review: Canada results encouraging, but Portugal remains a drag
1 H$ n6 p) |3 P# dBMO Capital Markets maintains "outperform", 12-month target price is $46.00
0 h6 B7 B3 t/ \- Z* lDesjardins Securities continues "top pick", 12-month target price is $40.00
/ R+ Q& }8 f, Z* c) X! YRBC Capital Markets maintains "sector perform", 12-month target price is raised to $43.00
3 |4 t4 a! B- O" b! }6 G* NScotia Capital Markets continues "sector outperform", 12-month target price is $55.002 _) v! G5 G: [
. a, C4 L8 D0 T
Corridor Resources (CDH : TSX : $2.45)
8 i K! C& a) S5 uCapital budget set to expected cash flow; production guidance lowered2 u. H$ \0 ~% M+ `& {0 Q" f
RBC Capital Markets maintains "outperform", 12-month target price is $4.25
X& q; w* b( M2 r3 [( Y5 m2 B. O) ~) p' u0 @5 \+ G8 O: v
COGECO Inc. (CGO : TSX : $25.14)
3 d c5 n& n3 ~9 K" u0 G$ e) ~" c1 ZStrong radio and cable drives 39% EPS growth. V3 H! a: y0 v5 Z% g
Scotia Capital Markets continues "sector perform", 12-month target price is $45.00
+ b! A1 W) v: y. f6 C
0 F. s2 V3 C9 |* \9 U0 rCanWest Global Communications (CGS : TSX : $0.51)
0 F G: }- G# A4 ]Taking action to address tough operating environment& R5 m1 X1 q+ Q: W
BMO Capital Markets maintains "underperform", no target price reported
2 ~* g& U, X- B: LCredit Suisse maintains "neutral", 12-month target price is $1.00
! ]5 Q* V2 T8 Y% ^GMP Securities continues "reduce", 12-month target price is $0.50
{# M v5 ]8 F3 @! ARBC Capital Markets continues "underperform", 12-month target price is $0.750 B9 v ] X% @! L: D+ l
Scotia Capital Markets continues "sector underperform", 12-month target price is $0.50
T& } x [' p" i! q- L5 [' I% b% A9 y; I! O' z# q8 ]
Corus Entertainment (CJR.B : TSX : $12.47)
4 ?; v7 P; b" s# X3 }9 J- k7 Q( ^& x0 mQ1 revenues in line, EPS beat
1 E) e' k4 v0 N( X4 c* qBMO Capital Markets continues "market perform", 12-month target price is cut to $15.00, E: Y2 e* v3 Y# {1 {
Credit Suisse continues "outperform", 12-month target price is $20.005 j# K4 ?7 }; T- X- \ N& t& S; Y
Desjardins Securities maintains "buy", 12-month target price is lowered to $15.00' r6 n* t; A+ J C$ g" B
GMP Securities maintains "buy", 12-month target price is reduced to $17.00# t0 Z7 M. A7 B f) S2 r1 C
RBC Capital Markets maintains "outperform", 12-month target price is raised to $18.50: G+ h7 Q. S+ V
Scotia Capital Markets continues "sector outperform", 12-month target price is $18.00
9 w. {/ x5 @2 l& e1 H3 V, T$ I8 Y1 V" r9 e( O1 n% K9 x; r- r* o/ t% ?
Calloway REIT (CWT.UN : TSX : $11.84); f2 m0 P3 q' }+ y4 f/ W0 i
Held investor day
9 o$ a( U; _5 D5 R% @9 P8 hScotia Capital Markets maintains "sector underperform", 12-month target price is $11.00* `+ @- k6 @/ u, y) ?( M" A# Z
! O* f/ e8 [* V3 ]Daylight Resources Trust (DAY.UN : TSX : $7.77), x* B$ P. z" j: e2 w
Reduced distributions by 38%; guided for lower capex* q2 G3 I# ~, f# v# A9 Q" n
BMO Capital Markets maintains "market perform", 12-month target price is lowered to $9.00
2 _- W6 f( e0 Q$ }Dundee Capital Markets continues "buy", 12-month target price is $12.00- ^3 i2 V6 A( j1 |& g
TD Newcrest continues "hold", 12-month target price is $7.50" H4 G% x1 B- X3 H1 J8 S) C3 n4 k
7 n6 h. R8 K8 y5 E2 L) i+ Q) sEXFO Electro-Optical Engin. (EXF : TSX : $3.65 | EXFO : NASDAQ : US$2.90)7 j+ v! ^; s% {
Steady market and currency tailwind* d6 g7 q2 }2 w0 e
TD Newcrest maintains "buy", 12-month target price is US$5.00
: ]( o' J; H/ ^$ \3 a: R/ \7 Z, J- _2 U4 _
Goldcorp Inc. (G : TSX : $29.74)
4 b; x6 b8 ]! GRevised commodity forecasts
& x, }; l% K5 e. h' l3 `Blackmont Capital maintains "buy", 12-month target price is reduced to $49.00
" }8 a6 ~5 \4 N" a+ x/ Q
Q. g0 M3 |/ T' W$ FHeritage Oil (HOC : TSX : $3.77)6 s; o4 ?$ P7 ]. j- \
Announced Ugandan commerciality on exploration success
4 m7 f0 g2 ~! d6 N/ CTD Newcrest maintains "speculative buy", 12-month target price is raised to $5.50/ k% d3 k) m: ^
" Y! Y5 U: m" j' G$ N/ B
Harry Winston Diamond (HW : TSX : $4.98)
$ v8 a( P' f) b* j( a& mRetail division suffers. l `* T( c3 o, q# B6 m K5 ^0 s
Desjardins Securities maintains "buy", 12-month target price is $12.60. C; h& Q; v7 |% j
# p2 x& B. g" ALaramide Resources (LAM : TSX : $1.84); K' g5 V# V# L# U# a" h
Westmoreland provided more high grade at Redtree's Jack Lens
& O& a/ q% R% \9 N- S" v! vDundee Capital Markets continues "buy", 12-month target price is $2.300 N+ C0 o! f. k1 A
5 ?6 O, m- o3 N/ q% _, ~Lockerbie & Hole (LH : TSX : $6.00)
2 v: C( t- e, S& P4 hReleased Q3/09 results: very strong, focus should be on active backlog
& A# A/ }3 l! x. A1 KGMP Securities continues "buy", 12-month target price is $9.00* `: n; A: Z8 t! ^6 C+ Q
Raymond James maintains "market perform", 6-12 month target price is $8.25
) ?% G1 F) v- j& ^& ?
; @# A: q. h6 qLivingston Intl Income Fund (LIV.UN : TSX : $6.00)
8 l: m9 ]+ F$ n/ b& p7 H4 \6 mReduced distributions by 70%
% t3 n" @4 O, Y" `: M* z; w- M4 dRBC Capital Markets maintains "outperform", no target price reported2 ~+ a) R1 c8 H! u" p
Scotia Capital Markets continues "sector underperform", 12-month target price is $6.50
" @/ t# n) H% ?1 ]3 b& [8 w0 D" ^; p2 F. j# h& s8 p
Matrikon Inc. (MTK : TSX : $2.04)" P. H M0 r/ O' |' Z4 t( D
Released Q1/09 results: a little light, but still respectable7 V4 B7 p( \+ i- ~
BMO Capital Markets continues "outperform", 12-month target price is lowered to $2.50
) i, r( K5 F/ OParadigm Capital maintains "buy", 12-month target price is $4.004 f- {. F! B9 z" ^0 i6 Z0 o
" D* m; G/ v/ M2 _3 m9 uMullen Group Income Fund (MTL.UN : TSX : $10.97)
2 t# O& k# w$ Q. L0 o( |Expecting lower CFPU on higher taxes, x& r' o( p6 e: R3 `6 A8 L |3 ?
BMO Capital Markets continues "outperform", 12-month target price is $18.002 U/ v! \% a- r! j4 \; q
RBC Capital Markets continues "sector perform", 12-month target price is $12.00# ]' j1 W6 j' \ ?1 C8 w8 o' S
TD Newcrest continues "buy", 12-month target price is $17.000 y3 g9 |$ p8 k7 |+ i* [& Y7 D
9 N4 B* A9 A3 f/ a' `Northgate Minerals Corp. (NGX : TSX : $1.08 | NXG : AMEX : US$0.86)$ [ K( A& r; E0 r: H
Released Q4/08 results: Kemess winding down, Aussie ops improving, growth remains uncertain
4 U+ |/ {# {, F4 v% E# aBlackmont Capital continues "hold", 12-month target price is reduced to $1.25
$ o! {0 o1 @$ mCredit Suisse maintains "neutral", 12-month target price is US$1.00- p8 L! s3 K ?* [8 |/ a( N' [1 E2 l
Scotia Capital Markets continues "sector underperform", 12-month target price is US$0.80& E; S3 d A# {: F! I; B
, x1 V$ e' w8 x+ j- Z) q% {
Neptune Tech & Bioresources (NTB : TSX-V : $0.79)
7 _$ `- f! q; N/ j/ V: dDietary supplement business facing headwinds4 a6 Z* C& X# T( `
Paradigm Capital maintains "buy", 12-month target price is reduced to $4.00
* |' j% v0 ?( y$ c2 |: v- R; O- U( u0 V0 T$ i F8 T: B3 Z
Open Range Energy (ONR : TSX : $1.18)
$ S: o& K3 t1 c# g0 n2 ?. `Provided operational update and F09 guidance
6 `2 |5 Y4 t, ]Haywood Securities continues "sector outperform", 12-month target price is $3.25
/ E2 T' u' k' p3 S; _( i% x, C3 E* x5 _
Osisko Mining (OSK : TSX : $3.13)
2 D& N8 d* L# G, X3 xSouth Barnat resource around the corner; i' R0 X/ Q3 C% R9 t/ d
Paradigm Capital continues "speculative buy", 12-month target price is $4.75
- _( a' S: R3 w: I: @' d) l! o
5 Z. U: H. D9 \7 M& b- r" M1 {* w, WPan American Silver (PAA : TSX : $17.39 | PAAS : NASDAQ : US$13.75)
$ z) G$ K+ M1 r2 ~9 _0 j. fProvided operational update
$ N2 A9 T. k! B8 z" q: ABlackmont Capital maintains "hold", 12-month target price is lowered to $19.00
& w- H- V5 o* [& ]0 sTD Newcrest downgrades to "hold", 12-month target price is raised to US$17.500 `5 i9 S3 a0 x; _$ e( a
* d' S$ x4 r& p$ YParamount Resources (POU : TSX : $7.85)
( a' Q; n( q: R$ qProvided operational update: Grande Prairie emerging as the key focus for F09
4 N7 a' U# B" fGMP Securities maintains "buy", 12-month target price is $12.00+ `+ ?, \$ J V" T1 c! S
" e4 V! b r. a/ e) I8 ^
Rockwell Diamonds (RDI : TSX : $0.07)# C, q: E, S! R' Q* v1 n
Operations starting to turn the corner
" h* \% M! D$ I; p2 W: j. {RBC Capital Markets maintains "outperform", no target price reported
0 w# i$ s2 [: w
8 B1 \5 O- z; p" J1 oShaw Communications (SJR.B : TSX : $20.13)
) L* Q, q. l& L# `( AReleased Q1/09 results: in line, subscribers ahead3 Y ^! y7 k' ^" ]. h H
Credit Suisse maintains "neutral", 12-month target price is $25.506 w- }$ h, [% f4 S/ W
GMP Securities continues "buy", 12-month target price is $26.504 Y: e' i0 h; B. p% W
3 y5 E' P, v/ k5 oSun Life Financial Inc. (SLF : TSX : $25.95 | NYSE : US$20.48)
' p; z5 O* x4 d$ t* s1 [) W! bHeld a sell-side lunch showcasing new U.S. team) _% a7 z8 _3 u8 a& u
Scotia Capital Markets maintains "sector perform", 12-month target price is $33.004 {- A2 C. I3 A5 z3 l# J8 U/ Y
' E, s7 z* S% Y8 P" l' [
Trican Well Service (TCW : TSX : $6.93)
& X1 p8 ]9 s( w4 _( v9 L/ xAwarded Russian contracts
* q1 h* W, [, [Blackmont Capital maintains "hold", 12-month target price is reduced to $8.75
/ z2 k9 @' k% z# t! H% LRaymond James maintains "market perform", 6-12 month target price is lowered to $9.00: C7 W+ T( O' P( R& h* g, G( ~
RBC Capital Markets maintains "sector perform", 12-month target price is $10.00
& l8 P/ W+ ~) r# L. @& p$ l( v. d3 i) a: S2 @: C
Sino-Forest Corp. (TRE : TSX : $8.93)7 a# {% v/ U" S
Chinese furniture exports rose in November
" h% Q2 a$ b/ DDundee Capital Markets maintains "buy", 12-month target price is $23.50
4 S( V5 E+ w2 Z; _
: @& Q0 F! O- T! A. q, o% f7 bUEX Corp. (UEX : TSX : $0.88)
( e$ u B3 H2 L5 yShea Creek's two largest deposits have become one
* t4 V4 @. c7 c3 ?9 ~* g+ j2 PDundee Capital Markets maintains "buy", 12-month target price is $2.75
2 M# g# i6 D# V5 Q7 `! }' z! b9 q5 M. n V H' w3 m5 B
Vero Energy (VRO : TSX : $4.72)5 k. N- @# J+ }2 b7 Z( Q1 p" _
Released Q4/08 results: horizontal focus to continue in F09
1 @5 c4 _5 T. W: dDundee Capital Markets continues "buy", 12-month target price is $8.00 `7 `# n" y' z0 t9 a( {
GMP Securities continues "buy", 12-month target price is $7.50
3 m* @3 E1 O: ?1 x& |1 _% b0 `Paradigm Capital continues "buy", 12-month target price is $12.00
9 [- z: Z; W. g4 L x$ d4 i# C; L( TRBC Capital Markets maintains "outperform", 12-month target price is $8.506 N3 s6 l, A q
% p8 w# o2 f; J' ~
Wi-Lan Inc (WIN : TSX : $1.75)9 b7 q% g' _+ b. f8 Z! a3 u
Hit homerun with Samsung
$ X" A* y( b& S8 p- {8 TParadigm Capital continues "buy", 12-month target price is $3.50 |
|