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Analyst Actions Roundup: Q3 Earnings Analysis
A roundup of key analyst actions on various companies, including IAG, MFC, AFN, PBH, and GIB, analyzing their Q3 financial results and providing target price adjustments.
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Labour MarketInvestmentEarningsAnalyst RatingsFinancial ResultsStock Prices
Ia Financial Corp.Rbc Dominion SecuritiesManulife Financial Corp.National Bank FinancialAg Growth International Inc.Desjardins SecuritiesScotiaCibcBmoTd CowenPremium Brands Corp.StifelVentum CapitalCgi Inc.Raymond JamesCanaccord GenuityAndlauer Healthcare Group Inc.Arc Resources Ltd.Atb Capital MarketsAts Corp.Bird Construction Inc.Boardwalk ReitBrookfield Infrastructure Partners LpCes Energy Solutions Corp.Dexterra Group Inc.Great-West Lifeco Inc.Innergex Renewable Energy Inc.Intact Financial Corp.Kits Eyecare Ltd.Meg Energy Corp.Oceanagold Corp.Source Energy Services Ltd.Sprott Inc.Stella-Jones Inc.Stingray Group Inc.Tourmaline Oil Corp.Wajax Corp
Darko MihelicGabriel DechaineMaxim SytchevMartin LandryJerome DubreuilDoug YoungMenny GraumanPaul HoldenTom MackinnonMario MendoncaKonark GuptaTim JamesMike MuellerPatrick O’rourkeAaron BilkoskiTravis WoodSabahat KhanJustin KeywoodMichael GlenJacob BoutChris MurrayIan GilliesKyle StanleyJonathan KelcherJimmy ShanPatrick KennyCherilyn RadbourneKeith MackeyTim MonachelloZachary EvershedMark JarviRobert HopePhil HardieDevin SchillingChris LiRyland ConradDerek LessardStephen MacleodMark PetriePaul TreiberSteven LiRobert YoungGreg PardyMichael BarthCosmos ChiuJohn GibsonGraham RydingJonathan GoldmanBenoit PoirierHamir Patel
- How did the analyst assess CGI Inc.'s (GIB.A-T) Q3 performance, and what was the outlook regarding future M&A activity?
- CGI Inc. (GIB.A-T) provided stable and predictable quarterly results. Analyst Jerome Dubreuil highlighted the company's ample resources for future acquisitions and a more favorable M&A environment, maintaining a "buy" recommendation.
- What were the key findings regarding IA Financial Corp.'s (IAG-T) Q3 performance and subsequent analyst recommendations?
- IA Financial Corp. (IAG-T) reported strong Q3 results, exceeding analyst expectations, leading to increased EPS projections and a higher target price. However, RBC analyst Darko Mihelic lowered his recommendation to "sector perform" due to limited upside potential.
- Describe the analyst's view on Ag Growth International Inc.'s (AFN-T) Q3 results and its outlook, including the challenges and positive aspects.
- Ag Growth International Inc. (AFN-T) reported lower-than-expected revenue and earnings due to persistent U.S. Farm headwinds. Despite this, analyst Maxim Sytchev maintained an "outperform" rating, highlighting operational improvements and a stronger order book in other segments.
- Summarize the analyst's assessment of Manulife Financial Corp.'s (MFC-T) Q3 performance, particularly in the Wealth Management and Asian segments.
- Manulife Financial Corp.'s (MFC-T) Wealth Management and Asian segments drove strong Q3 results, exceeding expectations. Analyst Gabriel Dechaine attributed the success to higher insurance earnings and a lower tax rate and raised his target price.
- What were the key factors contributing to the disappointing Q3 results for Premium Brands Corp. (PBH-T), and what was the subsequent analyst reaction?
- Premium Brands Corp. (PBH-T) reported disappointing Q3 results, leading to the removal of its 2024 financial guidance and a negative market reaction. Analyst Martin Landry cited weak volumes and delays in new customer onboarding as contributing factors.