The Latest Breaking News from NCIB

High demand, supply cuts, and the reopening of the Chinese economy is expected to boost the energy sector’s growth this year. Industry tailwinds are favoring Parex Resources (PARXF), helping it surge over the past few months. It is currently trading above its 50-day and 200-day moving averages. Hence, this top…

Aritzia (ATZAF) reported impressive first-quarter results. The company’s strong profitability and solid growth attributes could help the stock see a significant upside in the near term. So, we think the stock could be a great buy now. Read on….

RBC Capital analyst Jimmy Shan has reduced the Canadian Apartment Properties REIT (TSX:CAR) (OTC:CDPYF) price target to C$66 from C$69. The analyst maintained the Outperform rating on the shares. Shan remarked that 1Q22 reflected a difficult winter but an increasing revenue forecast, which the second half should better reflect. Given the current valuation, NCIB…

RBC Capital analyst Irene Nattel raised the price target for George Weston Ltd (TSX:WN) (OTC:WNGRF) to C$179 from C$165 with an Outperform rating on the shares. The analyst updated the model and valuation to reflect the actual Q1 share buyback at George Weston along with Q1 results. Nattel says that the constructive outlook on George Weston…