 鲜花( 0)  鸡蛋( 0)
|
Ear on the Street --- Jan. 16 20094 N' h, M7 U5 K$ C: ]& P: ]
$ |" z; Q7 `+ @* K9 m. \; u
Absolute Software (ABT : TSX : $3.36)
4 y g# Z( y" W8 n' C& u: W% iBracing for a tough few quarters
3 w0 D- O9 r( y& O0 C: g3 {1 L* @Canaccord Capital maintains "hold", 12-month target price is $4.50
3 B! n( L6 Z" c) [6 R: g) Z" d# d: s) E. L
Barrick Gold Corp. (ABX : TSX : $39.73 | NYSE : US$31.45)! L% d: g5 M5 A
Growth outlook, challenging pipeline and high cost structure make future unclear
' t' j7 {( d! m6 z1 H' b8 K( f/ }Blackmont Capital continues "hold", 12-month target price is lowered to $48.00; `. r9 u6 U( b: }% u+ _, D9 X; j T. D
TD Newcrest downgrades to "hold", 12-month target price is raised to US$37.00
0 n V2 w" M) Z9 A) A6 J
- o/ L1 W, U/ e. R% J! CAstral Media (ACM.A : TSX : $22.98)
2 A* X9 Y: c- d7 ?6 C ZReleased Q1/09 results: strong, in light of challenging operating environment! X9 n# A% d% Y
BMO Capital Markets maintains "market perform", 12-month target price is reduced to $26.00
/ k, o: e' `) {- dDesjardins Securities maintains "buy", 12-month target price is slashed to $28.00% ~7 z; m; f. D! h
GMP Securities maintains "buy", 12-month target price is reduced to $30.00
& B; N5 D/ s7 yRBC Capital Markets continues "outperform", 12-month target price is raised to $31.00& M9 I6 I3 t# Z8 m
Scotia Capital Markets continues "sector outperform", 12-month target price is $30.00# u2 L( b" r6 O p% o
) Q* C7 O' u# `9 Z* f0 ^Agnico-Eagle Mines (AEM : TSX : $57.00 | NYSE : US$45.07)" ~5 V3 Q; G9 {* \- _; w, i" X
Well positioned with gold production forecast to double this year and next
+ r' }- y X, P* Q& C& m0 Y' kBlackmont Capital continues "buy", 12-month target price is lowered to $83.00
; S# a" G& K0 I& _$ |TD Newcrest upgrades to "action list buy", 12-month target price is raised to US$62.00
5 @* K5 ~- s W2 y, U, L" m) l& l! ^/ `. p h5 ^
ARC Energy Trust (AET.UN : TSX : $17.15)1 N( @: V1 h/ D6 e5 a6 g4 s
Reduced distributions by 20%; capex also cut' P- Q; p0 Y0 s, Z% q
RBC Capital Markets continues "outperform", 12-month target price is $19.00
/ A# O4 {% {: ^& @+ A; Q
" r* [' } Z: z) a! P+ q) FAndean Resources (AND : TSX : $0.75)
" t( ]# ?3 ]* r& o; Y; _Announced F09 outlook1 ^/ k( p8 I& k. l
Paradigm Capital continues "speculative buy", 12-month target price is $2.25
+ ^, w: P9 u J0 p$ q) l$ a l1 cTD Newcrest downgrades to "hold", 12-month target price is cut to $1.00
G, z" d( A& @0 \& `. `# S( u9 e2 o- K4 m! ?$ X
Bombardier Inc. (BBD.B : TSX : $4.65)/ b5 t' o, @1 d9 r. d
Rising challenges in Aerospace; B) b: |8 K3 l2 k& w
GMP Securities continues "buy", 12-month target price is $8.00$ u2 X8 r: s9 S+ a
; i# [$ R; u$ x# C$ {/ A
Bank of Montreal (BMO : TSX : $31.84)
1 H8 b, H) {2 a) g5 @- ~Acquiring AIG's Canadian life insurance business0 m% D& a1 e) G9 `* K) f5 p
TD Newcrest continues "hold", 12-month target price is $37.00
; o4 `* F+ A* F5 P' r% m
/ s& w2 h8 R8 {6 ]+ tCogeco Cable (CCA : TSX : $33.37)# X. c- t1 X$ h7 K* {7 h$ _
Q1 review: Canada results encouraging, but Portugal remains a drag
) \6 _) u% h- ], VBMO Capital Markets maintains "outperform", 12-month target price is $46.00$ r# w6 B) c7 e% V
Desjardins Securities continues "top pick", 12-month target price is $40.00
; y- D" C m$ R; n: ZRBC Capital Markets maintains "sector perform", 12-month target price is raised to $43.00
/ h# N! Q# `/ C4 F/ tScotia Capital Markets continues "sector outperform", 12-month target price is $55.002 I6 h9 V! F9 p
) A0 Y% d- X# CCorridor Resources (CDH : TSX : $2.45)
' |3 b f' j, v1 o. DCapital budget set to expected cash flow; production guidance lowered
: Z: o* T7 f! Z2 v5 T4 U8 PRBC Capital Markets maintains "outperform", 12-month target price is $4.251 \6 a! |$ O6 p w$ U
9 a8 f* ]* O0 _
COGECO Inc. (CGO : TSX : $25.14)
. Y7 D/ J1 B8 z! p! X# o1 g+ l; i" JStrong radio and cable drives 39% EPS growth
1 Z, M w( \4 VScotia Capital Markets continues "sector perform", 12-month target price is $45.00- k( ], i& _: @: e; ]7 E0 h
2 j" K7 n8 D2 T) }- aCanWest Global Communications (CGS : TSX : $0.51)5 d! Z: F n5 v+ U9 H0 b0 S. T1 S4 n
Taking action to address tough operating environment
+ w6 k1 p3 S. x2 Z1 n- EBMO Capital Markets maintains "underperform", no target price reported
/ g/ o8 r) m. @+ b3 T/ o* ACredit Suisse maintains "neutral", 12-month target price is $1.00! t4 O& y; [- e& z1 M
GMP Securities continues "reduce", 12-month target price is $0.50
5 W! @2 S" B; L) o1 \ T, Q' DRBC Capital Markets continues "underperform", 12-month target price is $0.752 _, S/ M& o* @8 N, w3 j0 Z! @0 J
Scotia Capital Markets continues "sector underperform", 12-month target price is $0.50
4 a/ ~8 j9 ^6 y/ W2 N8 k/ q
f$ q6 `) {: r# B* sCorus Entertainment (CJR.B : TSX : $12.47): J; X6 \) t/ }( v0 z
Q1 revenues in line, EPS beat2 L! e5 \9 S* {( e5 e5 M0 {2 c8 R
BMO Capital Markets continues "market perform", 12-month target price is cut to $15.00# E1 b f% R9 Y2 ^) W0 A
Credit Suisse continues "outperform", 12-month target price is $20.00
+ T# x0 c* \4 c" j& V4 |9 ]& vDesjardins Securities maintains "buy", 12-month target price is lowered to $15.00: D( R8 i' F0 R! v1 F& o
GMP Securities maintains "buy", 12-month target price is reduced to $17.00$ i$ n% E7 _# x) f
RBC Capital Markets maintains "outperform", 12-month target price is raised to $18.50& Z" o5 W8 ]5 ~$ w
Scotia Capital Markets continues "sector outperform", 12-month target price is $18.00
S: b% b, ?5 G; I
* o" C) M3 \0 C$ v% ~ SCalloway REIT (CWT.UN : TSX : $11.84)
! E5 l. [3 J7 r% ^# Z, `Held investor day# r! d2 A/ k8 P7 C
Scotia Capital Markets maintains "sector underperform", 12-month target price is $11.00
# p1 e% l% d" Q
2 j' r) w9 X$ d3 w, ADaylight Resources Trust (DAY.UN : TSX : $7.77)% q0 c. \! ^- K% Y' F2 h
Reduced distributions by 38%; guided for lower capex
- D3 E W& g; F2 W" R. G, {BMO Capital Markets maintains "market perform", 12-month target price is lowered to $9.00
9 |/ p S3 u4 {! e2 u/ s1 E6 _" ~6 x0 dDundee Capital Markets continues "buy", 12-month target price is $12.00
: T# h) u" d3 a- m- r0 MTD Newcrest continues "hold", 12-month target price is $7.50& a1 W5 J8 [& o% i5 a9 r4 R: e
3 Y0 ]# j$ y4 n8 YEXFO Electro-Optical Engin. (EXF : TSX : $3.65 | EXFO : NASDAQ : US$2.90), a) r7 Q1 v3 b) \" c- v
Steady market and currency tailwind
& M+ x% I* |0 w7 wTD Newcrest maintains "buy", 12-month target price is US$5.008 X) v7 k! y8 T/ V2 }2 `8 L9 A9 y
( k8 ~& v4 H/ q) J3 {
Goldcorp Inc. (G : TSX : $29.74)
9 C8 _' u5 B* @3 b6 ]! }Revised commodity forecasts3 s' X! }# N9 M0 ~& e* ]7 I: ?
Blackmont Capital maintains "buy", 12-month target price is reduced to $49.007 I% B* L1 w& a7 Q; K% B
! f$ G7 w9 J/ f5 p3 y8 m# gHeritage Oil (HOC : TSX : $3.77)1 p* O6 c6 j7 |( ]) {
Announced Ugandan commerciality on exploration success
" {0 d" w3 A0 b( q6 p' UTD Newcrest maintains "speculative buy", 12-month target price is raised to $5.50
, [( p* F% v. q2 z$ l, E6 o1 c8 g5 V. l
9 L* ]9 P" j( }+ o: G* z, `Harry Winston Diamond (HW : TSX : $4.98)5 Y- I0 K! m4 M. \
Retail division suffers# W* D" v7 @2 Y/ A5 ^9 d! h
Desjardins Securities maintains "buy", 12-month target price is $12.60
% d3 T" Z& w. ]$ b: K
% V/ m o X3 G( X9 r' Z9 i' e1 \Laramide Resources (LAM : TSX : $1.84)
$ @1 q6 S, y2 T3 I$ o/ C9 {: aWestmoreland provided more high grade at Redtree's Jack Lens
8 \0 y; ~( S2 e3 g( d- eDundee Capital Markets continues "buy", 12-month target price is $2.30- h. A$ k) G8 i( X: i3 d2 @
( J0 ?, s# M! P
Lockerbie & Hole (LH : TSX : $6.00)
9 g$ j5 X: [' P. R& @( ^: D( LReleased Q3/09 results: very strong, focus should be on active backlog
8 \ [$ T D; r6 ^9 T: C! ^GMP Securities continues "buy", 12-month target price is $9.00
0 |8 u* y# \9 V4 X: \Raymond James maintains "market perform", 6-12 month target price is $8.25
8 r5 U8 T: \, C9 ?) b V4 A) b9 S) I( k# R) r% r8 d
Livingston Intl Income Fund (LIV.UN : TSX : $6.00)8 T- g3 Z( i( j, x0 C ?
Reduced distributions by 70%
0 u& F; P0 ~. u8 w8 e! mRBC Capital Markets maintains "outperform", no target price reported6 Z. f# x( I9 S+ p# v
Scotia Capital Markets continues "sector underperform", 12-month target price is $6.507 b* M( F2 `! D# v% ~
# c3 U5 t+ ~" X1 g
Matrikon Inc. (MTK : TSX : $2.04)
8 o$ H& _$ A4 t1 J2 C6 n% pReleased Q1/09 results: a little light, but still respectable/ u3 [ r: L4 w( ^8 D
BMO Capital Markets continues "outperform", 12-month target price is lowered to $2.500 J0 `% N; y7 H# M! J7 }; X0 A
Paradigm Capital maintains "buy", 12-month target price is $4.00
- Y% Q6 `' H, t5 o3 A
. J& B) R. i8 V+ ~# \Mullen Group Income Fund (MTL.UN : TSX : $10.97)0 f# D- Y/ @0 Y* D6 b6 T
Expecting lower CFPU on higher taxes
8 K1 c) |( Y) R% \, Y4 kBMO Capital Markets continues "outperform", 12-month target price is $18.00
) ~8 U4 n4 r Z- SRBC Capital Markets continues "sector perform", 12-month target price is $12.002 r- ^; Y) l6 }- w
TD Newcrest continues "buy", 12-month target price is $17.002 U; {! P6 r& _3 E
5 c: H9 T6 L# v( m/ ?1 n y& W1 ENorthgate Minerals Corp. (NGX : TSX : $1.08 | NXG : AMEX : US$0.86)! s% T* N* }' P* H, P. `; y+ ^; t! r
Released Q4/08 results: Kemess winding down, Aussie ops improving, growth remains uncertain1 j6 _' |. X" j4 r s/ g
Blackmont Capital continues "hold", 12-month target price is reduced to $1.25
& C/ ]$ Z$ v& N8 R4 RCredit Suisse maintains "neutral", 12-month target price is US$1.00( E2 k( r9 z# J$ _6 x9 `
Scotia Capital Markets continues "sector underperform", 12-month target price is US$0.80 }7 Z3 m% D4 U% B' m; M# U
+ A% t* W8 V3 q. q7 ]7 B
Neptune Tech & Bioresources (NTB : TSX-V : $0.79)% Z, ]1 ?; i7 J$ v8 F4 q& z
Dietary supplement business facing headwinds8 Q" D& C" y# R
Paradigm Capital maintains "buy", 12-month target price is reduced to $4.00* k( e& M) R4 q9 C
4 o4 Q, l- a& G- i/ g9 D2 O
Open Range Energy (ONR : TSX : $1.18)" e- g1 t/ I; q3 P0 D5 a
Provided operational update and F09 guidance
( _3 z. S5 R/ r" H8 b$ XHaywood Securities continues "sector outperform", 12-month target price is $3.255 A3 K6 Q' E/ ^* a
# c: W4 R8 O* g% q2 JOsisko Mining (OSK : TSX : $3.13)8 \3 W `7 ^' ~: {8 L8 ?, |1 M3 d( ?3 |/ R
South Barnat resource around the corner# E2 N9 F8 s1 C) c
Paradigm Capital continues "speculative buy", 12-month target price is $4.75" f I- p: |) A2 K8 B
! D( q( t! V, C, nPan American Silver (PAA : TSX : $17.39 | PAAS : NASDAQ : US$13.75)
5 w* S; T2 z# ]! T8 @Provided operational update& p3 a" D& I# A7 G: v
Blackmont Capital maintains "hold", 12-month target price is lowered to $19.007 o @% g3 A* g3 p9 O
TD Newcrest downgrades to "hold", 12-month target price is raised to US$17.50
& b( h6 z% h2 p8 @
$ ?+ A# U1 O% V: M% F% L u# ]Paramount Resources (POU : TSX : $7.85)
% v; w1 v6 z( ~( ]! lProvided operational update: Grande Prairie emerging as the key focus for F092 W( u1 r$ H9 u
GMP Securities maintains "buy", 12-month target price is $12.00
% P7 r: A! Z) z5 u' E+ A! F& A3 \1 S
5 G) @! n( D8 q$ H! FRockwell Diamonds (RDI : TSX : $0.07)) H4 d4 o6 O9 \1 V" R8 @' P4 D6 t
Operations starting to turn the corner; F3 n% s9 e$ h" O* r, P
RBC Capital Markets maintains "outperform", no target price reported
* S9 z2 r6 `; \. H3 v9 b: }5 b
8 t& k7 ]& I$ L8 `( w* Z4 G6 OShaw Communications (SJR.B : TSX : $20.13)
# k N' s6 W3 }- P/ S7 PReleased Q1/09 results: in line, subscribers ahead" p }4 v4 @# e. O
Credit Suisse maintains "neutral", 12-month target price is $25.50/ H: } [) \' l X m& a& q& g& P
GMP Securities continues "buy", 12-month target price is $26.50
6 e4 \! r- J6 `. W* ~
& |, t) U5 E) l2 Y" OSun Life Financial Inc. (SLF : TSX : $25.95 | NYSE : US$20.48)) ]7 e7 C% P/ C. x4 I- A8 K& ~* Q
Held a sell-side lunch showcasing new U.S. team
( `6 o: X4 \9 T* d2 L2 iScotia Capital Markets maintains "sector perform", 12-month target price is $33.007 e/ {/ |' S- m' U; o% k
8 \) i& |3 g3 Y+ v/ n+ M( }: Q
Trican Well Service (TCW : TSX : $6.93)
& G: {$ P! R' MAwarded Russian contracts
, F* D" U. r6 ^& YBlackmont Capital maintains "hold", 12-month target price is reduced to $8.75
! Z! x2 }, @ k' K/ @Raymond James maintains "market perform", 6-12 month target price is lowered to $9.005 S; A: _5 U4 `7 c1 q2 u' G" c
RBC Capital Markets maintains "sector perform", 12-month target price is $10.00: s$ f; B5 N* z! j& Q% O3 u
/ w5 J5 Z8 E+ o2 B _; G! GSino-Forest Corp. (TRE : TSX : $8.93)
8 }+ s1 {3 | `4 uChinese furniture exports rose in November) P# o% _4 X; G. f
Dundee Capital Markets maintains "buy", 12-month target price is $23.50
! O5 H( w; C9 a, g7 {
9 T9 @3 A) P1 F g# p+ i" ^) hUEX Corp. (UEX : TSX : $0.88)! ]* y$ Y% @: ?# N& L# W4 m
Shea Creek's two largest deposits have become one& i, F" p" n" ]4 O' R7 F
Dundee Capital Markets maintains "buy", 12-month target price is $2.75* c. z5 Z& f2 x/ F# y `
* W, [' K0 X$ I AVero Energy (VRO : TSX : $4.72)& F) X: X& ?' t# @$ m
Released Q4/08 results: horizontal focus to continue in F09" L# x3 _! \& U/ H0 i) s ~& ~
Dundee Capital Markets continues "buy", 12-month target price is $8.00
9 {2 e! k0 \$ {+ P( fGMP Securities continues "buy", 12-month target price is $7.50
& |5 r" p7 u: d+ [Paradigm Capital continues "buy", 12-month target price is $12.00
5 R% d. |, m+ o$ m/ QRBC Capital Markets maintains "outperform", 12-month target price is $8.50) T0 |6 ]/ }9 l+ q# n7 M5 \) t- R
( ^2 h9 ` v/ I3 a# F$ S
Wi-Lan Inc (WIN : TSX : $1.75)) ^" {7 G- a5 R3 p2 ?# I$ k! j! H) i
Hit homerun with Samsung
( E* g! T; V: C N* f. p; zParadigm Capital continues "buy", 12-month target price is $3.50 |
|