Showing posts with label RY. Show all posts
Showing posts with label RY. Show all posts

May 28, 2022

Dividend Increases Week 21



 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 16 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

April 15, 2022

Notable Analyst Upgrades and Downgrades for Week of April 11 2022 (Part 1)



 

Upgrades:

 


Domino’s Pizza (NYSE:DPZ) was upgraded by Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

Other equities analysts also recently issued reports about the stock. Stephens raised shares of Domino’s Pizza from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $500.00 to $425.00 in a report on Wednesday, March 2nd. Oppenheimer reduced their price objective on shares of Domino’s Pizza from $550.00 to $510.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 2nd. Morgan Stanley cut their price target on shares of Domino’s Pizza from $535.00 to $460.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 2nd. Royal Bank of Canada cut their price objective on shares of Domino’s Pizza from $550.00 to $525.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 2nd. Finally, Loop Capital downgraded shares of Domino’s Pizza from a “buy” rating to a “hold” rating and set a $413.00 target price on the stock. in a report on Wednesday, March 9th. One equities research analyst has rated the stock with a sell rating, twenty have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $480.73. Read more …

 


KeyCorp (NYSE:KEY) was upgraded by research analysts at Wells Fargo & Company from an “underweight” rating to an “overweight” rating in a research note issued to investors on Monday, The Fly reports. The firm currently has a $27.00 price target on the financial services provider’s stock, up from their previous price target of $23.00. Wells Fargo & Company‘s price objective suggests a potential upside of 30.00% from the company’s current price.

KEY has been the subject of several other reports. Barclays upped their target price on KeyCorp from $24.00 to $26.00 in a research note on Monday, January 3rd. Bank of America upgraded KeyCorp from an “underperform” rating to a “buy” rating and upped their target price for the stock from $25.00 to $27.00 in a research note on Wednesday, December 15th. UBS Group initiated coverage on KeyCorp in a research note on Wednesday, January 12th. They set a “buy” rating and a $32.00 target price for the company. StockNews.com initiated coverage on KeyCorp in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Credit Suisse Group upgraded KeyCorp from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 8th. Six analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, KeyCorp has an average rating of “Buy” and a consensus price target of $27.21. Read more …

 


National Bank of Canada (TSE:NA) was upgraded by stock analysts at CIBC to a “buy” rating in a research report issued on Monday, TipRanks reports. The firm currently has a C$102.00 price objective on the financial services provider’s stock. CIBC’s price target would suggest a potential upside of 7.71% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity Group raised their price target on shares of National Bank of Canada from C$108.00 to C$109.00 in a research note on Thursday, February 17th. Cormark lifted their price objective on shares of National Bank of Canada from C$118.00 to C$123.00 and gave the company a “buy” rating in a research note on Monday, February 28th. BMO Capital Markets lifted their price objective on shares of National Bank of Canada from C$104.00 to C$108.00 in a report on Monday, February 28th. TD Securities boosted their price objective on shares of National Bank of Canada from C$105.00 to C$110.00 in a research report on Tuesday, February 15th. Finally, Scotiabank upped their target price on shares of National Bank of Canada from C$117.00 to C$119.00 in a research note on Monday, February 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$103.81. Read more …

 

 


Pembina Pipeline (NYSE:PBA) (TSE:PPL) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued on Monday, The Fly reports.

A number of other equities research analysts have also weighed in on PBA. TD Securities initiated coverage on shares of Pembina Pipeline in a report on Thursday, March 3rd. They set a “buy” rating for the company. Canaccord Genuity Group lifted their price target on shares of Pembina Pipeline from C$47.00 to C$49.00 in a report on Wednesday, March 2nd. Zacks Investment Research upgraded shares of Pembina Pipeline from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research report on Monday, March 14th. BMO Capital Markets upgraded shares of Pembina Pipeline from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 1st. Finally, Scotiabank boosted their price target on shares of Pembina Pipeline from C$47.00 to C$49.00 in a report on Wednesday, March 2nd. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $44.75. Read more …

 


Royal Bank of Canada (TSE:RY) (NYSE:RY) was upgraded by analysts at CIBC to a “buy” rating in a research note issued to investors on Monday, TipRanks reports. The brokerage currently has a C$149.00 price objective on the financial services provider’s stock. CIBC’s price target suggests a potential upside of 8.17% from the company’s previous close.

Several other analysts have also recently weighed in on RY. Fundamental Research reduced their price target on Royal Bank of Canada from C$152.07 to C$151.16 and set a “buy” rating on the stock in a report on Monday, March 7th. National Bankshares boosted their target price on Royal Bank of Canada from C$140.00 to C$147.00 in a research report on Wednesday, February 23rd. Barclays increased their price target on shares of Royal Bank of Canada from C$141.00 to C$157.00 and gave the company an “overweight” rating in a research report on Wednesday, January 19th. Canaccord Genuity Group boosted their price target on shares of Royal Bank of Canada from C$148.00 to C$150.00 in a research report on Thursday, February 17th. Finally, TD Securities boosted their target price on shares of Royal Bank of Canada from C$150.00 to C$165.00 in a research report on Tuesday, February 15th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$147.15. Read more …

 


Wells Fargo & Company (NYSE:WFC) was upgraded by research analysts at Citigroup from a “neutral” rating to a “buy” rating in a report issued on Monday, The Fly reports.

WFC has been the subject of several other reports. Barclays upgraded Wells Fargo & Company from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $50.00 to $62.00 in a research report on Monday, January 3rd. Piper Sandler lowered their price objective on Wells Fargo & Company from $67.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, March 31st. Morgan Stanley lowered their price objective on Wells Fargo & Company from $72.00 to $66.00 and set an “overweight” rating for the company in a research report on Monday, March 28th. JPMorgan Chase & Co. increased their price objective on Wells Fargo & Company from $57.00 to $58.50 in a research report on Thursday, February 3rd. Finally, StockNews.com started coverage on Wells Fargo & Company in a research report on Thursday, March 31st. They set a “hold” rating for the company. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $57.58. Read more …

 

 


Cardinal Health (NYSE:CAH) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report released on Tuesday, Briefing.com reports. The brokerage currently has a $74.00 target price on the stock. Morgan Stanley’s price target would suggest a potential upside of 20.56% from the stock’s current price.

CAH has been the subject of several other research reports. Credit Suisse Group lowered their price objective on shares of Cardinal Health from $60.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, February 4th. Zacks Investment Research raised Cardinal Health from a “sell” rating to a “hold” rating and set a $55.00 price objective for the company in a research note on Monday, March 14th. Robert W. Baird increased their price objective on Cardinal Health from $52.00 to $57.00 in a research note on Friday, February 4th. StockNews.com cut Cardinal Health from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 24th. Finally, TheStreet cut Cardinal Health from a “b” rating to a “c” rating in a report on Thursday, February 3rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $58.10. Read more …

 

 

Downgrades:

 


American Express (NYSE:AXP) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

A number of other equities research analysts also recently commented on AXP. Wells Fargo & Company lifted their target price on American Express from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 26th. BMO Capital Markets lifted their target price on shares of American Express from $152.00 to $155.00 and gave the company a “market perform” rating in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft raised their price target on shares of American Express from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, January 26th. Daiwa Capital Markets raised shares of American Express from a “neutral” rating to a “buy” rating and raised their price target for the stock from $190.00 to $215.00 in a research note on Thursday, February 10th. Finally, Stephens lifted their target price on shares of American Express from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 26th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $197.71. Read more …

 

 


Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) was downgraded by equities research analysts at CIBC from an “outperform” rating to a “neutral” rating in a report released on Monday, BayStreet.CA reports. They presently have a C$94.00 target price on the bank’s stock, down from their prior target price of C$105.00. CIBC’s target price would indicate a potential upside of 7.24% from the company’s previous close.

BNS has been the subject of several other research reports. TD Securities downgraded shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and set a C$100.00 price objective for the company. in a report on Thursday, March 10th. National Bankshares raised their price target on Bank of Nova Scotia from C$86.00 to C$90.00 in a report on Wednesday, February 23rd. BMO Capital Markets lifted their target price on Bank of Nova Scotia from C$93.00 to C$95.00 in a report on Wednesday, March 2nd. Barclays boosted their price objective on Bank of Nova Scotia from C$84.00 to C$96.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 19th. Finally, Canaccord Genuity Group boosted their price objective on Bank of Nova Scotia from C$98.00 to C$100.00 in a research report on Thursday, February 17th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$92.72. Read more …

 


Canadian Western Bank (TSE:CWB) was downgraded by analysts at CIBC to a “hold” rating in a report released on Monday, TipRanks reports. They currently have a C$38.00 price objective on the stock. CIBC’s price objective would indicate a potential upside of 10.47% from the stock’s previous close.

A number of other research analysts have also recently weighed in on CWB. National Bankshares lifted their price objective on shares of Canadian Western Bank from C$43.00 to C$44.00 and gave the company a “sector perform” rating in a report on Tuesday, March 1st. TD Securities upped their price target on shares of Canadian Western Bank from C$43.00 to C$47.00 in a research note on Tuesday, February 15th. BMO Capital Markets boosted their price objective on shares of Canadian Western Bank from C$42.00 to C$42.50 in a research report on Monday, February 28th. Finally, Raymond James upped their target price on shares of Canadian Western Bank from C$41.00 to C$43.00 and gave the company an “outperform” rating in a report on Monday, February 28th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$42.86. Read more …

 


Kinder Morgan (NYSE:KMI) was downgraded by Wolfe Research from a “peer perform” rating to an “underperform” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a $18.00 target price on the pipeline company’s stock, up from their prior target price of $17.00. Wolfe Research’s price target would suggest a potential downside of 7.60% from the company’s current price.

Several other research firms also recently weighed in on KMI. StockNews.com initiated coverage on Kinder Morgan in a research report on Thursday, March 31st. They set a “hold” rating for the company. Barclays lifted their price objective on Kinder Morgan from $18.00 to $19.00 in a report on Thursday, January 20th. Finally, Zacks Investment Research upgraded shares of Kinder Morgan from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Tuesday, January 25th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Kinder Morgan presently has an average rating of “Hold” and an average price target of $18.36. Read more …

 

 


Starbucks (NASDAQ:SBUX) was downgraded by equities researchers at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

SBUX has been the subject of several other reports. Wedbush cut Starbucks from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $105.00 to $91.00 in a report on Tuesday, April 5th. Barclays reduced their price target on Starbucks from $136.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, February 2nd. Zacks Investment Research raised Starbucks from a “sell” rating to a “hold” rating and set a $95.00 price objective for the company in a report on Monday, March 21st. Jefferies Financial Group cut their price objective on Starbucks from $142.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, February 2nd. Finally, Cowen lowered their price objective on Starbucks from $125.00 to $115.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 2nd. Fifteen research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $113.50. Read more …

 


Toronto-Dominion Bank (TSE:TD) (NYSE:TD) was downgraded by investment analysts at CIBC from an “outperform” rating to a “neutral” rating in a research note issued on Monday, BayStreet.CA reports. They currently have a C$103.00 target price on the stock, down from their prior target price of C$115.00. CIBC’s target price would suggest a potential upside of 5.81% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity Group dropped their price objective on shares of Toronto-Dominion Bank from C$110.50 to C$106.00 in a research note on Friday, March 4th. Barclays increased their price target on shares of Toronto-Dominion Bank from C$99.00 to C$111.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 19th. Scotiabank cut their price target on shares of Toronto-Dominion Bank from C$117.00 to C$116.00 in a research note on Friday, March 4th. Royal Bank of Canada raised their price objective on shares of Toronto-Dominion Bank from C$104.00 to C$113.00 and gave the stock a “sector perform” rating in a research report on Friday, March 4th. Finally, BMO Capital Markets lowered their target price on shares of Toronto-Dominion Bank from C$105.00 to C$100.00 in a report on Friday, March 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus price target of C$102.35. Read more …

 


TC Energy (TSE:TRP) (NYSE:TRP) was downgraded by stock analysts at Wolfe Research to a “sell” rating in a report released on Monday, TipRanks reports. They currently have a C$57.00 target price on the stock. Wolfe Research’s target price would suggest a potential downside of 21.71% from the company’s current price.

A number of other research analysts have also recently commented on the company. The Goldman Sachs Group cut TC Energy from a “neutral” rating to a “sell” rating in a research report on Thursday, January 13th. Tudor Pickering & Holt boosted their price target on TC Energy from C$63.00 to C$65.00 and gave the stock a “hold” rating in a report on Wednesday, February 16th. Industrial Alliance Securities upgraded TC Energy to a “buy” rating and set a C$74.00 target price on the stock in a report on Monday, April 4th. US Capital Advisors lowered TC Energy from an “overweight” rating to a “hold” rating in a research note on Friday, March 11th. Finally, Tudor Pickering upped their target price on TC Energy to C$65.00 and gave the stock a “hold” rating in a research report on Wednesday, February 16th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$68.64. Read more …

 

 


U.S. Bancorp (NYSE:USB) was downgraded by stock analysts at Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.

Other equities analysts have also recently issued reports about the stock. UBS Group cut shares of U.S. Bancorp from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $64.00 to $56.00 in a research report on Friday. Morgan Stanley decreased their price objective on shares of U.S. Bancorp from $70.00 to $66.00 and set an “equal weight” rating for the company in a research report on Monday, March 28th. Oppenheimer decreased their price objective on shares of U.S. Bancorp from $74.00 to $69.00 in a research report on Friday, January 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of U.S. Bancorp in a research report on Friday, December 17th. Finally, Jefferies Financial Group cut shares of U.S. Bancorp from a “buy” rating to a “hold” rating and decreased their price objective for the company from $66.00 to $64.00 in a research report on Monday, February 14th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $64.29. Read more …

 

February 11, 2022

Notable Analyst Upgrades and Downgrades for Week of February 7 2022




Upgrades:

 


American Water Works (NYSE:AWK) was upgraded by equities researchers at UBS Group from a “sell” rating to a “neutral” rating in a research report issued on Monday, Analyst Price Targets reports. The brokerage currently has a $161.00 price objective on the utilities provider’s stock, down from their prior price objective of $164.00. UBS Group’s price target would indicate a potential upside of 3.54% from the company’s previous close.

A number of other research analysts also recently weighed in on AWK. Barclays increased their price target on American Water Works from $174.00 to $187.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 8th. They noted that the move was a valuation call. JPMorgan Chase & Co. downgraded American Water Works from a “neutral” rating to an “underweight” rating and cut their price target for the company from $172.00 to $171.00 in a research note on Friday, January 7th. The Goldman Sachs Group cut shares of American Water Works from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $191.00 to $177.00 in a research report on Wednesday, November 3rd. Finally, Wells Fargo & Company lowered their price objective on shares of American Water Works from $170.00 to $162.00 and set an “underweight” rating for the company in a research report on Wednesday, January 19th. Three analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $179.11. Read more …

 


Black Hills (NYSE:BKH) was upgraded by equities researchers at Mizuho from a “neutral” rating to a “buy” rating in a research note issued on Monday, PriceTargets.com reports. The firm presently has a $71.00 target price on the utilities provider’s stock. Mizuho’s price objective indicates a potential upside of 9.30% from the company’s current price.

BKH stock opened at $64.96 on Monday. Black Hills has a one year low of $58.42 and a one year high of $72.78. The stock has a fifty day moving average of $67.92. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.83 and a quick ratio of 0.64. The stock has a market capitalization of $4.12 billion, a P/E ratio of 16.79, a PEG ratio of 3.20 and a beta of 0.48.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Trust Co. of Vermont purchased a new stake in Black Hills in the fourth quarter worth about $35,000. Point72 Hong Kong Ltd purchased a new stake in Black Hills in the third quarter worth about $42,000. Destiny Wealth Partners LLC purchased a new stake in Black Hills in the third quarter worth about $50,000. PSI Advisors LLC purchased a new stake in Black Hills in the third quarter worth about $75,000. Finally, Koshinski Asset Management Inc. purchased a new stake in shares of Black Hills during the third quarter valued at about $80,000. Hedge funds and other institutional investors own 86.76% of the company’s stock. Read more …

 


Hershey (NYSE:HSY) was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.

Other analysts have also issued research reports about the company. Mizuho upped their target price on Hershey from $196.00 to $200.00 and gave the stock a “neutral” rating in a report on Friday. Stifel Nicolaus upped their target price on Hershey from $190.00 to $200.00 and gave the company a “hold” rating in a research report on Friday. BMO Capital Markets upped their target price on Hershey from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on Hershey from $193.00 to $206.00 and gave the company a “hold” rating in a research report on Friday. Finally, Morgan Stanley upped their target price on Hershey from $191.00 to $207.00 and gave the company an “equal weight” rating in a research report on Friday. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Hershey presently has an average rating of “Buy” and a consensus price target of $209.54. Read more …

 

 


Federal Realty Investment Trust (NYSE:FRT) was upgraded by investment analysts at Capital One Financial from an "equal weight" rating to an "overweight" rating in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a $145.00 target price on the real estate investment trust's stock. Capital One Financial's price objective points to a potential upside of 18.09% from the stock's current price.

A number of other equities analysts have also commented on the stock. Truist Financial lifted their price target on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the company a "hold" rating in a research report on Friday, December 10th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Federal Realty Investment Trust from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Monday, January 3rd. Citigroup lifted their price target on shares of Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a "neutral" rating in a research report on Thursday, December 2nd. BMO Capital Markets raised shares of Federal Realty Investment Trust from a "market perform" rating to an "outperform" rating and set a $145.00 price target on the stock in a research report on Wednesday, December 1st. Finally, JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $135.00 to $142.00 in a research report on Monday, December 20th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $131.25. Read more …

 


TFI International (NYSE:TFII) was upgraded by investment analysts at TD Securities from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, Briefing.com reports.

Several other research analysts have also weighed in on the stock. Scotiabank raised their price objective on shares of TFI International from C$150.00 to C$155.00 and gave the stock an “outperform” rating in a report on Monday, November 1st. Susquehanna Bancshares initiated coverage on shares of TFI International in a research report on Thursday, December 9th. They issued a “positive” rating and a $132.00 price target on the stock. Morgan Stanley raised their price target on shares of TFI International from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 2nd. Desjardins raised their price target on shares of TFI International from C$158.00 to C$161.00 and gave the stock a “buy” rating in a research report on Tuesday, November 2nd. Finally, Royal Bank of Canada raised their price target on shares of TFI International from $117.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, November 1st. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, TFI International currently has a consensus rating of “Buy” and an average target price of $128.28. Read more …

 


Thomson Reuters (NYSE:TRI) (TSE:TRI) was upgraded by Canaccord Genuity Group from a “hold” rating to a “buy” rating in a report issued on Wednesday, Briefing.com reports. The firm currently has a $117.00 price target on the business services provider’s stock. Canaccord Genuity Group’s price target points to a potential upside of 9.29% from the stock’s previous close.

A number of other research firms have also recently commented on TRI. Exane BNP Paribas raised Thomson Reuters from an “underperform” rating to a “neutral” rating in a research note on Wednesday, November 3rd. National Bank Financial raised Thomson Reuters from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 11th. TD Securities upped their target price on Thomson Reuters from C$160.00 to C$165.00 and gave the company a “buy” rating in a research note on Wednesday, November 3rd. BNP Paribas raised Thomson Reuters from an “underperform” rating to a “neutral” rating in a research note on Wednesday, November 3rd. Finally, upped their target price on Thomson Reuters from $108.00 to $117.00 and gave the company a “hold” rating in a research note on Wednesday, November 3rd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $125.73. Read more …

 

 


Visa (NYSE:V) was upgraded by equities research analysts at Erste Group to a “buy” rating in a report issued on Wednesday, TipRanks reports.

Other research analysts have also recently issued research reports about the company. BNP Paribas cut Visa from an “outperform” rating to a “neutral” rating and set a $210.00 price objective for the company. in a research note on Monday, January 10th. UBS Group assumed coverage on Visa in a research note on Thursday, November 18th. They set a “buy” rating and a $275.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on Visa from $267.00 to $277.00 and gave the company an “overweight” rating in a research note on Wednesday, October 27th. Exane BNP Paribas cut Visa from an “outperform” rating to a “neutral” rating and set a $210.00 price objective for the company. in a research note on Monday, January 10th. Finally, Mizuho cut Visa from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $255.00 to $220.00 in a research note on Friday, January 7th. Five analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $267.54. Read more …

 


American Express (NYSE:AXP) was upgraded by research analysts at Daiwa Capital Markets from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, Price Targets.com reports. The brokerage currently has a $215.00 price objective on the payment services company’s stock, up from their prior price objective of $190.00. Daiwa Capital Markets’ price objective indicates a potential upside of 8.71% from the stock’s previous close.

Several other analysts also recently weighed in on the stock. Royal Bank of Canada lifted their price target on shares of American Express from $185.00 to $195.00 and gave the company a “sector perform” rating in a research note on Monday, October 25th. JPMorgan Chase & Co. reduced their target price on American Express from $215.00 to $198.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 19th. Morgan Stanley increased their price objective on American Express from $211.00 to $218.00 and gave the company an “overweight” rating in a report on Tuesday, February 1st. Oppenheimer dropped their target price on American Express from $206.00 to $200.00 and set an “outperform” rating on the stock in a report on Wednesday, January 26th. Finally, Barclays raised their target price on American Express from $182.00 to $190.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 26th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, American Express has an average rating of “Hold” and an average price target of $188.44. Read more …

 


Lowe’s Companies (NYSE:LOW) was upgraded by stock analysts at Gordon Haskett from an “accumulate” rating to a “buy” rating in a research report issued on Thursday, The Fly reports.

A number of other research firms have also recently commented on LOW. Telsey Advisory Group boosted their price target on shares of Lowe’s Companies from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday, November 18th. Barclays upped their price objective on shares of Lowe’s Companies from $215.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, November 18th. Piper Sandler upped their price objective on shares of Lowe’s Companies from $231.00 to $295.00 and gave the company an “overweight” rating in a research note on Thursday, November 18th. DA Davidson upped their price objective on shares of Lowe’s Companies from $286.00 to $292.00 in a research note on Thursday, December 30th. Finally, Wedbush upped their price objective on shares of Lowe’s Companies from $210.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, November 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twenty have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $260.57. Read more …

 

 


Williams-Sonoma (NYSE:WSM) was upgraded by equities research analysts at Gordon Haskett from a “hold” rating to an “accumulate” rating in a report issued on Thursday, The Fly reports.

Several other analysts have also issued reports on WSM. JPMorgan Chase & Co. reduced their price target on shares of Williams-Sonoma from $200.00 to $191.00 and set an “underweight” rating on the stock in a research report on Friday, November 19th. Loop Capital upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research report on Wednesday, December 22nd. Royal Bank of Canada raised shares of Williams-Sonoma from a “sector perform” rating to an “outperform” rating and dropped their price objective for the company from $219.00 to $202.00 in a research note on Thursday, January 27th. Wedbush dropped their price objective on shares of Williams-Sonoma from $250.00 to $190.00 in a research note on Wednesday, January 5th. Finally, Wells Fargo & Company dropped their price objective on shares of Williams-Sonoma from $205.00 to $180.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 5th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $180.14. Read more …

 


Walmart (NYSE:WMT) was upgraded by BNP Paribas from an “underperform” rating to a “neutral” rating in a research note issued to investors on Friday, Briefing.com reports. The brokerage presently has a $136.00 target price on the retailer’s stock. BNP Paribas’ price target would suggest a potential downside of 0.06% from the company’s current price.

WMT has been the topic of several other reports. UBS Group set a $180.00 price objective on shares of Walmart in a research note on Tuesday. Stifel Nicolaus reduced their target price on shares of Walmart from $160.00 to $155.00 and set a “hold” rating for the company in a report on Tuesday, November 16th. Truist Financial started coverage on shares of Walmart in a report on Thursday, January 13th. They set a “hold” rating and a $153.00 target price for the company. Royal Bank of Canada started coverage on shares of Walmart in a report on Thursday, January 27th. They set an “outperform” rating and a $160.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Walmart from $185.00 to $186.00 and gave the stock a “buy” rating in a report on Wednesday, November 10th. Six investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $169.00. Read more …

 

 

Downgrades:

 


Air Products and Chemicals (NYSE:APD) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Monday, The Fly reports. They presently have a $285.00 price objective on the basic materials company’s stock, down from their previous price objective of $337.00. Bank of America‘s price objective points to a potential upside of 8.33% from the company’s current price.

APD has been the subject of several other research reports. Wolfe Research cut shares of Air Products and Chemicals from an “outperform” rating to a “peer perform” rating and dropped their price objective for the company from $332.00 to $331.00 in a research note on Thursday, December 9th. Vertical Research raised shares of Air Products and Chemicals from a “hold” rating to a “buy” rating and set a $335.00 price objective for the company in a research note on Tuesday, January 4th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Air Products and Chemicals from $315.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, November 5th. Mizuho started coverage on shares of Air Products and Chemicals in a research note on Friday, November 5th. They set a “buy” rating and a $312.00 price objective for the company. Finally, BMO Capital Markets upped their price objective on shares of Air Products and Chemicals from $312.00 to $338.00 and gave the company an “outperform” rating in a research note on Friday, October 15th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Buy” and an average price target of $319.25. Read more …

 

 


Royal Bank of Canada (NYSE:RY) (TSE:RY) was downgraded by equities researchers at Canaccord Genuity Group from a "buy" rating to a "hold" rating in a report released on Monday, The Fly reports.

Other equities analysts also recently issued reports about the company. Canaccord Genuity Group downgraded Royal Bank of Canada from a "buy" rating to a "hold" rating in a research note on Monday. TD Securities lowered their target price on Royal Bank of Canada from C$155.00 to C$150.00 and set a "buy" rating on the stock in a research report on Thursday, December 2nd. lowered their target price on Royal Bank of Canada from C$143.00 to C$141.00 and set a "buy" rating on the stock in a research report on Thursday, December 2nd. Bank of America downgraded Royal Bank of Canada from a "neutral" rating to an "underperform" rating in a research report on Monday, November 22nd. Finally, Zacks Investment Research downgraded Royal Bank of Canada from a "buy" rating to a "hold" rating in a research report on Tuesday, December 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $135.98. Read more …

 


Southern (NYSE:SO) was downgraded by investment analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating in a research note issued on Monday, The Fly reports. They presently have a $72.00 target price on the utilities provider's stock, down from their previous target price of $73.00. Wells Fargo & Company's price objective points to a potential upside of 4.82% from the company's current price.

SO has been the subject of several other research reports. Mizuho raised shares of Southern from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $55.00 to $60.00 in a research note on Monday, December 6th. UBS Group lowered shares of Southern from a "buy" rating to a "neutral" rating in a research note on Wednesday, January 5th. Bank of America lowered shares of Southern from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $75.00 to $71.00 in a research note on Monday. Scotiabank lowered shares of Southern from a "sector outperform" rating to a "sector perform" rating in a research note on Wednesday, December 15th. Finally, KeyCorp lifted their price objective on shares of Southern from $69.00 to $71.00 and gave the company an "overweight" rating in a research note on Thursday, January 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Southern currently has a consensus rating of "Hold" and an average price target of $70.44. Read more …

 


Stanley Black & Decker (NYSE:SWK) was downgraded by Citigroup from a "buy" rating to a "sell" rating in a note issued to investors on Monday, The Fly reports. They currently have a $145.00 target price on the industrial products company's stock, down from their previous target price of $215.00. Citigroup's target price would suggest a potential downside of 12.90% from the company's current price.

SWK has been the topic of a number of other research reports. Morgan Stanley cut their price target on shares of Stanley Black & Decker from $209.00 to $195.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Stanley Black & Decker from $207.00 to $224.00 and gave the company a "buy" rating in a research report on Friday, December 10th. Mizuho assumed coverage on shares of Stanley Black & Decker in a research report on Thursday, December 16th. They set a "buy" rating and a $222.00 price objective for the company. Bank of America downgraded Stanley Black & Decker from a "neutral" rating to an "underperform" rating and lowered their target price for the stock from $230.00 to $170.00 in a research note on Monday, November 1st. Finally, Zacks Investment Research raised Stanley Black & Decker from a "sell" rating to a "hold" rating and set a $198.00 price objective for the company in a research note on Monday, January 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of $203.80. Read more …

 

 


CME Group (NASDAQ:CME) was downgraded by equities researchers at Atlantic Securities from an "overweight" rating to a "neutral" rating in a research report issued to clients and investors on Tuesday, Briefing.com reports. They presently have a $250.00 price objective on the financial services provider's stock. Atlantic Securities' price objective suggests a potential upside of 3.02% from the stock's previous close.

Several other brokerages also recently commented on CME. Raymond James raised their price objective on CME Group from $230.00 to $240.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 5th. TheStreet raised CME Group from a "c+" rating to a "b" rating in a research note on Wednesday, October 27th. Deutsche Bank Aktiengesellschaft lifted their price target on CME Group from $230.00 to $235.00 in a research note on Thursday, January 13th. Bank of America assumed coverage on CME Group in a research note on Thursday, December 16th. They issued an "underperform" rating and a $254.00 price target on the stock. Finally, Morgan Stanley lifted their price target on CME Group from $217.00 to $234.00 and gave the company an "equal weight" rating in a research note on Thursday, October 28th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $235.82. Read more …

 


TC Energy (NYSE:TRP) (TSE:TRP)'s stock had its "neutral" rating reiterated by analysts at Credit Suisse Group in a research report issued on Tuesday, Benzinga reports.

A number of other brokerages also recently issued reports on TRP. Raymond James initiated coverage on TC Energy in a report on Wednesday, December 22nd. They set a "strong-buy" rating on the stock. The Goldman Sachs Group downgraded TC Energy from a "neutral" rating to a "sell" rating and set a $45.00 price target on the stock. in a report on Thursday, January 13th. TheStreet upgraded TC Energy from a "c+" rating to a "b" rating in a report on Wednesday, January 19th. CIBC reduced their target price on TC Energy from C$72.00 to C$69.00 in a report on Tuesday, January 11th. Finally, National Bank Financial downgraded TC Energy from an "outperform" rating to a "sector perform" rating in a report on Monday, November 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $66.86.

NYSE:TRP opened at $51.30 on Tuesday. The company has a market capitalization of $50.32 billion, a P/E ratio of 33.75, a P/E/G ratio of 3.75 and a beta of 0.80. TC Energy has a 1 year low of $41.89 and a 1 year high of $55.34. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.51 and a quick ratio of 0.47. The business has a fifty day simple moving average of $48.22 and a two-hundred day simple moving average of $49.11. Read more …

 


Waste Management (NYSE:WM) was downgraded by stock analysts at Erste Group to a “hold” rating in a research report issued to clients and investors on Wednesday, TipRanks reports.

Separately, Raymond James upped their price objective on Waste Management from $157.00 to $167.00 and gave the company an “outperform” rating in a research note on Wednesday, October 27th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $148.00.

NYSE:WM traded up $1.80 on Wednesday, reaching $146.95. The company’s stock had a trading volume of 23,527 shares, compared to its average volume of 2,305,354. Waste Management has a 1-year low of $109.11 and a 1-year high of $168.04. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.74 and a current ratio of 0.78. The firm has a market cap of $61.47 billion, a PE ratio of 35.58, a PEG ratio of 2.17 and a beta of 0.82. The business’s 50-day moving average price is $158.07 and its two-hundred day moving average price is $156.32. Read more …

 

 


Compass Minerals International (NYSE:CMP) was downgraded by analysts at JPMorgan Chase & Co. to an “underweight” rating in a research note issued to investors on Thursday, Stock Target Advisor reports. They presently have a $52.00 target price on the basic materials company’s stock, down from their prior target price of $57.00. JPMorgan Chase & Co.‘s target price suggests a potential downside of 1.87% from the stock’s previous close.

CMP has been the subject of several other reports. BMO Capital Markets started coverage on shares of Compass Minerals International in a research report on Wednesday, November 17th. They set a “hold” rating and a $54.00 price objective for the company. StockNews.com upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Saturday, February 5th. Deutsche Bank Aktiengesellschaft upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating and reduced their price target for the stock from $74.00 to $73.00 in a report on Wednesday, November 17th. The Goldman Sachs Group upgraded shares of Compass Minerals International from a “sell” rating to a “neutral” rating and set a $51.00 price target for the company in a report on Wednesday, December 15th. Finally, Zacks Investment Research upgraded shares of Compass Minerals International from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $64.17. Read more …

 


CVS Health (NYSE:CVS) was downgraded by investment analysts at Raymond James from a “strong-buy” rating to an “outperform” rating in a research note issued to investors on Friday, Analyst Price Targets reports.

Other equities analysts also recently issued reports about the company. Truist Financial raised their price target on CVS Health from $118.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, January 5th. Seaport Res Ptn restated a “buy” rating on shares of CVS Health in a research report on Wednesday, December 1st. Citigroup increased their price objective on shares of CVS Health from $98.00 to $111.00 and gave the company a “buy” rating in a research report on Thursday, November 4th. They noted that the move was a valuation call. Sanford C. Bernstein increased their price objective on shares of CVS Health from $111.00 to $116.00 in a research report on Tuesday, January 11th. Finally, Edward Jones upgraded shares of CVS Health from a “hold” rating to a “buy” rating in a research report on Monday, January 10th. Four analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $112.59. Read more …

 


Texas Instruments (NASDAQ:TXN) was downgraded by equities research analysts at Edward Jones from a "buy" rating to a "hold" rating in a research note issued to investors on Friday, The Fly reports.

A number of other equities analysts have also recently issued reports on the company. KeyCorp increased their target price on Texas Instruments from $240.00 to $250.00 and gave the stock an "overweight" rating in a report on Wednesday, October 27th. Susquehanna reiterated a "buy" rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, January 26th. Barclays dropped their price target on shares of Texas Instruments from $180.00 to $170.00 and set an "underweight" rating for the company in a research report on Friday, February 4th. Zacks Investment Research raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating and set a $201.00 target price on the stock in a research note on Saturday, January 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Texas Instruments from $220.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 26th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $208.68. Read more …

 

December 4, 2021

Dividend Increases Week 48, 2021



 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 27 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.

 

The table below summarises the dividend change announcements.  The table shows the current dividend, the new dividend and the percentage increase (%). Dividends are shown on an annual basis and in US dollars unless otherwise stated. Yield is the new dividend yield of the most recent price, and Years is the years of consecutive dividend increases.