May 3 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading.
Crew Energy Inc. (CR CN): The oil and gas explorer producing fuel in Alberta and Saskatchewan was raised to “outperform” from “market perform” at Raymond James Ltd. with a 12-month price estimate of C$21.50 a share.
Emera Inc. (EMA CN): The owner of Nova Scotia Power is scheduled to report first-quarter earnings. The average profit forecast among seven analysts in a Bloomberg survey is 68 Canadian cents a share, excluding certain items.
Midway Energy Ltd. (MEL CN): The western Canadian oil and gas producer received an “outperform” rating in new coverage from Jim Byrne, an analyst at Bank of Montreal. In a note to clients, Byrne wrote that the shares are less expensive than those of similar companies.
Suncor Energy Inc. (SU CN): Canada’s biggest oil and gas producer reported first-quarter earnings of 94 cents a share, beating the average analyst estimate by 22 percent, according to Bloomberg data.
To contact the editor responsible for this story: Nick Baker at email@example.com.