 鲜花( 0)  鸡蛋( 0)
|
Ear on the Street --- Jan. 16 20092 D! `0 e% }! {$ L' O
3 h0 w7 O8 T& y/ f& \/ sAbsolute Software (ABT : TSX : $3.36)
/ t/ a8 P M1 z% V: L/ a3 q9 FBracing for a tough few quarters
$ g4 w# {( ~ E( I7 k2 WCanaccord Capital maintains "hold", 12-month target price is $4.50
- |* e* L5 y7 t8 M" Z
4 d) @3 ?9 D. L/ h% j& @& p/ l2 UBarrick Gold Corp. (ABX : TSX : $39.73 | NYSE : US$31.45)7 H1 W1 C4 ]- x/ B+ {* [9 g
Growth outlook, challenging pipeline and high cost structure make future unclear
% N/ J4 }" x. q- V' k- {& z n# ?: }Blackmont Capital continues "hold", 12-month target price is lowered to $48.00$ G; r5 D% Q; Q; G, W. T
TD Newcrest downgrades to "hold", 12-month target price is raised to US$37.00
( s8 G* q* h( w; n
5 L& v# Q: `* lAstral Media (ACM.A : TSX : $22.98)7 d$ [/ @ C! d# p" w
Released Q1/09 results: strong, in light of challenging operating environment
2 W3 @, \5 ~: Z8 u* Y9 YBMO Capital Markets maintains "market perform", 12-month target price is reduced to $26.00
+ g8 _0 Z6 T& W' P6 K* VDesjardins Securities maintains "buy", 12-month target price is slashed to $28.00
# h1 P ]+ ?) E5 H+ ]GMP Securities maintains "buy", 12-month target price is reduced to $30.003 L) r, G5 _2 E) y
RBC Capital Markets continues "outperform", 12-month target price is raised to $31.00
3 O' J+ |7 y- I% D$ qScotia Capital Markets continues "sector outperform", 12-month target price is $30.00( T; J+ E, U2 @) O$ _2 y2 l* P
/ [! p5 D1 J% N8 J, y
Agnico-Eagle Mines (AEM : TSX : $57.00 | NYSE : US$45.07)
8 D% s( r/ N. t- g3 y; X) wWell positioned with gold production forecast to double this year and next' o% D1 m' u8 W1 H
Blackmont Capital continues "buy", 12-month target price is lowered to $83.00
* Y, E! r& G1 r6 RTD Newcrest upgrades to "action list buy", 12-month target price is raised to US$62.00
' R/ g3 z4 ?( Z: v( F
9 T# a/ R9 H! l9 aARC Energy Trust (AET.UN : TSX : $17.15)
+ F( H2 _' k8 @+ t9 BReduced distributions by 20%; capex also cut
* q3 v2 t1 n5 x2 d+ B% F: x# @RBC Capital Markets continues "outperform", 12-month target price is $19.009 d' [! i+ s" P0 G" F
8 g! J9 J9 A. O+ d" ~/ V
Andean Resources (AND : TSX : $0.75)
5 \- T5 T* h9 u. d# P( ]: yAnnounced F09 outlook" A. X( T. v; v" j, x8 b
Paradigm Capital continues "speculative buy", 12-month target price is $2.25
. B5 D0 p5 F2 N+ wTD Newcrest downgrades to "hold", 12-month target price is cut to $1.00
- W6 b5 g0 @: R& s
1 ^3 O( @3 t0 t# CBombardier Inc. (BBD.B : TSX : $4.65)
% i( l6 v3 @1 E F7 aRising challenges in Aerospace
+ h4 q8 \7 z& h9 _( qGMP Securities continues "buy", 12-month target price is $8.00
7 L( D2 O6 m. t: @% u) p1 V
9 u/ q# Z8 b! w pBank of Montreal (BMO : TSX : $31.84)
6 |( D, i! P- [( g rAcquiring AIG's Canadian life insurance business
- N# O! u7 j4 w: }4 | VTD Newcrest continues "hold", 12-month target price is $37.00
' f7 |5 g" F6 f: Y' E$ k: S# X5 @) |) r, r- Z# m. y1 ?. P1 U9 G0 {
Cogeco Cable (CCA : TSX : $33.37)$ G) J% c8 \% P, A
Q1 review: Canada results encouraging, but Portugal remains a drag! u; h4 @% W4 F( e4 i! |! v K
BMO Capital Markets maintains "outperform", 12-month target price is $46.00
; d4 \* n8 w9 y' r( L0 |( w: sDesjardins Securities continues "top pick", 12-month target price is $40.003 \; B7 d, |" O* s$ Q& ?
RBC Capital Markets maintains "sector perform", 12-month target price is raised to $43.00
3 A: i! ~- s0 e$ d% B4 r5 b$ yScotia Capital Markets continues "sector outperform", 12-month target price is $55.00$ h" j1 a7 p5 Y$ M3 K6 A
/ i7 n0 _7 \6 F, I2 x; A4 M+ ?! w
Corridor Resources (CDH : TSX : $2.45)
% C7 G. n! B7 X$ rCapital budget set to expected cash flow; production guidance lowered
8 R0 r h& t( G9 `# _% |4 Q" hRBC Capital Markets maintains "outperform", 12-month target price is $4.25
8 ^- _4 _9 \* t7 g8 D- q3 [
1 V; V! L; @3 T+ Y/ cCOGECO Inc. (CGO : TSX : $25.14)
/ J1 L/ n) [, a% O* m% cStrong radio and cable drives 39% EPS growth
" ?; a: P! d( b' V" z" EScotia Capital Markets continues "sector perform", 12-month target price is $45.00
& W+ w! l ]1 p r1 I/ X' P& s# a2 }! _9 U1 e B
CanWest Global Communications (CGS : TSX : $0.51)
% X5 E1 Z( i1 S1 {1 \- JTaking action to address tough operating environment
) _# a* p& s0 _0 e1 S) t7 n DBMO Capital Markets maintains "underperform", no target price reported. c6 k/ \0 T6 D+ T+ o! ?
Credit Suisse maintains "neutral", 12-month target price is $1.003 Y! c$ y: D1 a# |5 B! h
GMP Securities continues "reduce", 12-month target price is $0.50" b/ o0 h5 {6 r$ w( J6 ]1 c. o
RBC Capital Markets continues "underperform", 12-month target price is $0.75# G, D, `2 g" O! {
Scotia Capital Markets continues "sector underperform", 12-month target price is $0.50, E9 O+ P" T9 r& m L5 |" |
4 b! ?4 a& ]% U6 z% J
Corus Entertainment (CJR.B : TSX : $12.47)3 M" Z; l3 ~1 \& H G' q
Q1 revenues in line, EPS beat
0 ^9 |1 ^4 n2 {" U5 UBMO Capital Markets continues "market perform", 12-month target price is cut to $15.000 S5 t) S+ s" t8 l' z
Credit Suisse continues "outperform", 12-month target price is $20.00
( e5 [* Z4 b% c# F4 e8 @/ p9 [/ BDesjardins Securities maintains "buy", 12-month target price is lowered to $15.005 F7 Z- U" w2 H: T5 E
GMP Securities maintains "buy", 12-month target price is reduced to $17.00
5 h* _) E4 \" _ ?; fRBC Capital Markets maintains "outperform", 12-month target price is raised to $18.50+ m& |- o0 n& w5 d8 U% i( } }
Scotia Capital Markets continues "sector outperform", 12-month target price is $18.00 f! q; ^/ I1 w! N7 O1 k# R' ]# R& E+ y
8 V U9 I( y4 M$ {- w* B7 J
Calloway REIT (CWT.UN : TSX : $11.84)4 ~3 l, j! U8 }3 H
Held investor day6 w7 E9 }- ^" U# o
Scotia Capital Markets maintains "sector underperform", 12-month target price is $11.001 G7 ]; Y, V" }1 _. A4 A( K9 G* N
: _5 N) a! s+ M
Daylight Resources Trust (DAY.UN : TSX : $7.77)9 m; b7 i( L7 {3 ]8 \/ y
Reduced distributions by 38%; guided for lower capex/ {9 r; [, I: P
BMO Capital Markets maintains "market perform", 12-month target price is lowered to $9.00
n! r% D; S6 S' e# u: z4 j5 t% s2 t) VDundee Capital Markets continues "buy", 12-month target price is $12.000 }4 F+ h, ?6 V4 Z: a$ e
TD Newcrest continues "hold", 12-month target price is $7.50; J" }- J# L2 x( q) X4 U/ ] n9 L) _
; `) p1 p( D. PEXFO Electro-Optical Engin. (EXF : TSX : $3.65 | EXFO : NASDAQ : US$2.90), e3 S G" D1 Q/ p8 ^1 G+ F( ?
Steady market and currency tailwind3 q1 u% W0 }5 L% ~$ I. l% F0 @/ W
TD Newcrest maintains "buy", 12-month target price is US$5.00
+ g/ C5 E8 v7 i& e: ?6 g& O2 B2 U( E9 Y) E4 A
Goldcorp Inc. (G : TSX : $29.74)
( _2 F; I+ g+ }! ?Revised commodity forecasts
7 L ~* [; P1 C: P$ L2 H; {Blackmont Capital maintains "buy", 12-month target price is reduced to $49.00: W+ {% A% l+ X7 Z5 U1 _
% X6 B$ c3 ^( i( J8 `Heritage Oil (HOC : TSX : $3.77)' Y n5 U' P0 z. C/ S% R8 @+ S
Announced Ugandan commerciality on exploration success
! e8 K$ t7 o O9 H& e2 T0 d" {TD Newcrest maintains "speculative buy", 12-month target price is raised to $5.50
% B5 M; t/ `+ M0 k$ o) y5 D; h# v
3 e9 @" ]- B, m' C3 FHarry Winston Diamond (HW : TSX : $4.98)
9 m" w0 j, f3 J! ]3 b. R( l& l- RRetail division suffers# y- o# c( Q; J$ i- o Y: l7 n
Desjardins Securities maintains "buy", 12-month target price is $12.60
8 {& c0 `# g) i( p0 N4 O0 @8 B, O w" Z# M8 w" F) w* f. t
Laramide Resources (LAM : TSX : $1.84)
1 B- Y" Y: d8 C$ _8 _Westmoreland provided more high grade at Redtree's Jack Lens
$ T7 |: t o; E& x& j, N3 I9 oDundee Capital Markets continues "buy", 12-month target price is $2.305 v0 d- n) r: f' m* C3 C' k
& n: B8 h O1 j! H& ~Lockerbie & Hole (LH : TSX : $6.00); Q, ]' M) |# J! b( A
Released Q3/09 results: very strong, focus should be on active backlog) Q" h X0 p3 w6 R! L
GMP Securities continues "buy", 12-month target price is $9.00" \2 {: _% ?& ?6 d& S6 {. V
Raymond James maintains "market perform", 6-12 month target price is $8.25 E. {8 T' Q. s# D. o- R( L4 M b
1 I1 F, J6 Y: u% [0 B% c& l
Livingston Intl Income Fund (LIV.UN : TSX : $6.00)* {1 m2 f- o4 k' T' @
Reduced distributions by 70%7 c$ P& M8 O' D; k
RBC Capital Markets maintains "outperform", no target price reported
+ t) [2 X' V5 [( n+ k, |& MScotia Capital Markets continues "sector underperform", 12-month target price is $6.50$ i' h y* Z& T( @
: t; p; ]7 j; ]+ d$ FMatrikon Inc. (MTK : TSX : $2.04)7 C9 l* Z3 P2 n; O$ Y
Released Q1/09 results: a little light, but still respectable
7 a7 H4 s6 R( |7 N# t' M; LBMO Capital Markets continues "outperform", 12-month target price is lowered to $2.50
6 r7 U Q8 s) z- k/ GParadigm Capital maintains "buy", 12-month target price is $4.00& y' C& [7 F O& J4 \: A" C0 O9 f: _
$ y0 @: {- b4 v/ vMullen Group Income Fund (MTL.UN : TSX : $10.97)) ^. A( g0 q+ `% E& S/ a: r
Expecting lower CFPU on higher taxes
9 _" ~9 g4 W& C$ V& J EBMO Capital Markets continues "outperform", 12-month target price is $18.00# c+ N% ~7 b; t1 D
RBC Capital Markets continues "sector perform", 12-month target price is $12.00, {, o/ L& D1 q1 Q( b' z
TD Newcrest continues "buy", 12-month target price is $17.00
1 P. `/ p6 `& H; r. o# h: C4 J/ }# w; s8 z
Northgate Minerals Corp. (NGX : TSX : $1.08 | NXG : AMEX : US$0.86)
! T. N/ M/ J, ?5 OReleased Q4/08 results: Kemess winding down, Aussie ops improving, growth remains uncertain u5 k% }7 d' u# E
Blackmont Capital continues "hold", 12-month target price is reduced to $1.25# b# U0 f9 |1 U: Y
Credit Suisse maintains "neutral", 12-month target price is US$1.00
5 g* O1 ^' [& {* EScotia Capital Markets continues "sector underperform", 12-month target price is US$0.80, J: G% j2 P* [+ j. O: s% \8 W
& E$ j3 X4 m+ f7 t$ j F3 ONeptune Tech & Bioresources (NTB : TSX-V : $0.79). X- `, ~: @1 L3 `
Dietary supplement business facing headwinds
6 Q5 d$ M9 j( j7 mParadigm Capital maintains "buy", 12-month target price is reduced to $4.00
4 x0 I3 j& m; s7 Q5 e' x X5 D' @: a. l5 j
Open Range Energy (ONR : TSX : $1.18)7 t. k6 Z) B' [0 W
Provided operational update and F09 guidance1 x- k! U: V+ {% |" X
Haywood Securities continues "sector outperform", 12-month target price is $3.25! `- }6 Q$ C* _- i3 Q0 p. P
' o& A) r5 I+ E9 q2 ?; e
Osisko Mining (OSK : TSX : $3.13)- o: B8 ^* h4 }3 R2 l- w+ V3 m% {( T
South Barnat resource around the corner3 w. [; Y, x7 N/ @( h/ ^9 c; s
Paradigm Capital continues "speculative buy", 12-month target price is $4.75: `( e+ p- P# e% L2 s, ?* M4 L
, S/ J+ V. _# l/ ^
Pan American Silver (PAA : TSX : $17.39 | PAAS : NASDAQ : US$13.75); v: B" r9 B3 [' r; `5 s/ s# y
Provided operational update
+ ~ s6 p; s7 n* b5 @5 I4 e1 D5 d: EBlackmont Capital maintains "hold", 12-month target price is lowered to $19.00
; Y3 o ]1 }4 I4 d+ i( N* nTD Newcrest downgrades to "hold", 12-month target price is raised to US$17.50$ H+ M" ~* L# }5 }3 H
/ h* `6 p# J8 f* S; h* FParamount Resources (POU : TSX : $7.85)& S) O% ^- U3 b1 m% D* L' Y$ P
Provided operational update: Grande Prairie emerging as the key focus for F09
+ }- u) A* O1 k9 }0 o& w7 VGMP Securities maintains "buy", 12-month target price is $12.00' q$ W; c5 P6 M3 z; ?' X* [8 a
6 s' u8 g9 x# M: J1 jRockwell Diamonds (RDI : TSX : $0.07)
* X7 R( Q0 u8 O+ ^9 p. h& FOperations starting to turn the corner
* O4 W2 a g4 \; n" QRBC Capital Markets maintains "outperform", no target price reported* D( l5 r* n$ l4 C) H
d/ N5 z1 {( ~7 H7 ~. f
Shaw Communications (SJR.B : TSX : $20.13)+ j( R8 r1 G( O/ Y
Released Q1/09 results: in line, subscribers ahead) w" s# I: n! u' L* C9 \9 _
Credit Suisse maintains "neutral", 12-month target price is $25.50
. m& M/ [3 K/ ~8 O. OGMP Securities continues "buy", 12-month target price is $26.506 Q. P0 Y6 X% C! u2 F
! d6 j, e7 s8 {+ h- k* b9 I& VSun Life Financial Inc. (SLF : TSX : $25.95 | NYSE : US$20.48)
2 n1 |/ j4 X& pHeld a sell-side lunch showcasing new U.S. team
8 F o5 l3 Z4 n1 q$ Z9 T: `Scotia Capital Markets maintains "sector perform", 12-month target price is $33.00
$ ]2 b6 O* u9 q6 Y1 j* ]
6 Y( v) V: r8 rTrican Well Service (TCW : TSX : $6.93)2 `0 c6 _% x2 Z9 Q0 x* Z5 p R
Awarded Russian contracts
3 [+ O# K4 ~- ?, qBlackmont Capital maintains "hold", 12-month target price is reduced to $8.757 d3 r& ^' a$ T. G' F+ ]
Raymond James maintains "market perform", 6-12 month target price is lowered to $9.007 @% e/ H! ]6 A% s
RBC Capital Markets maintains "sector perform", 12-month target price is $10.00
; L) ], \% H- p z3 _/ A
3 }$ r* q" a; i- J2 W9 c6 B2 fSino-Forest Corp. (TRE : TSX : $8.93)
* c& Y; V4 {9 DChinese furniture exports rose in November( }; y* m) s$ O
Dundee Capital Markets maintains "buy", 12-month target price is $23.502 P5 ^. G! @; q7 g. {$ c' @' V
) M1 P5 ]" \6 @( A% e4 x0 n
UEX Corp. (UEX : TSX : $0.88)
$ i+ X; o% \/ T" _: b7 R: G# DShea Creek's two largest deposits have become one
* M2 Y' p! [* x, Y. rDundee Capital Markets maintains "buy", 12-month target price is $2.75# P5 k7 c m1 I9 \) S& U8 \
0 m m' m7 I$ h7 z, G: Y
Vero Energy (VRO : TSX : $4.72)
+ C! h% e- i% E( P9 U1 PReleased Q4/08 results: horizontal focus to continue in F09! ~" a* n" k6 u& e1 l
Dundee Capital Markets continues "buy", 12-month target price is $8.00# S7 p8 q% G! e! h: ], S7 Q$ a
GMP Securities continues "buy", 12-month target price is $7.507 n* F1 c' s: ~' [% \0 ~
Paradigm Capital continues "buy", 12-month target price is $12.008 }# P+ P2 e/ j2 O& E
RBC Capital Markets maintains "outperform", 12-month target price is $8.505 Z" b! a$ R1 u. h2 Y
* c' G* }- E4 S c) Q3 dWi-Lan Inc (WIN : TSX : $1.75)$ t, v, a4 s- z" A! i' `
Hit homerun with Samsung6 ]& n" G& d, `
Paradigm Capital continues "buy", 12-month target price is $3.50 |
|