|
|
Fording Canadian Coal Trust (TSX FDG.UN NY: FDG) Modified Sept 16, 2008 Fording Canadian Coal Trust is an open-ended mutual fund trust. Through investments in metallurgical coal and industrial minerals mining and processing operations, the Trust makes quarterly cash distributions to unitholders. The Trust, through its subsidiaries, holds a 60% interest in the Elk Valley Coal Partnership and is a leading producer of the industrial mineral wollastonite. Elk Valley Coal Partnership, comprised of Canada's senior metallurgical coal mining properties, is the world's second largest exporter of metallurgical coal, supplying high-quality coal products to the international steel industry.
Recent News: Fording Announces 2008 Second Quarter Cash Distribution Haytham Hodaly ............Salman Partners….Sept 16, 2008 Upgraded to BUY from HOLD FDG.UN Price day before:$81.83Finish day posting$81.01Current $100.69 ------Mar 18, 2008-------- Target raised to $56.00 from $47.00Cdn (Target Hit Apr 02, 2008) FDG.UN Price day before:$49.67Finish day posting$52.84Current $100.69 -------June 08, 2007------ Price Target raised to $23.00 from $19.00Cdn FDG.UN Price day before:$30.04Finish day posting$30.28Current $100.69 -------Oct 06, 2006------- Price Target reduced to $22.00 from $33.00Cdn (Target Hit Nov 13, 2006) FDG.UN Price day before:$27.05Finish day posting$27.11Current $100.69 ********** Greg Barnes ............TD NewCrest….July 25, 2008 Maintained BUY Target reduced to $86.00 from $93.00Cdn (Target Hit July 28, 2008) FDG.UN Price day before:$77.40Finish day posting$81.86Current $100.69 -------June 05, 2008------ Maintained BUY Target raised to $93.00 from $76.00Cdn (Target Hit June 19, 2008) FDG.UN Price day before:$80.71Finish day posting$82.90Current $100.69 ------May 12, 2008-------- Maintained BUY Target raised to $76.00 from $71.00Cdn (Target Hit May 23, 2008) FDG.UN Price day before:$71.59Finish day posting$70.00Current $100.69 ---------Apr 23, 2008------ Maintained BUY Target $71.00Cdn (Target Hit May 09, 2008) FDG.UN Price day before:$65.21Finish day posting$64.10Current $100.69 -------Apr 08. 2008-------- Upgraded to BUY from HOLD Target raised to $71.00 from $62.00Cdn (Target Hit May 09, 2008) FDG.UN Price day before:$61.26Finish day posting$65.63Current $100.69 --------Mar 06, 2008------- Maintained HOLD Target raised to $62.00 from $44.00Cdn (Target Hit Apr 07, 2008) FDG.UN Price day before:$51.87Finish day posting$53.75Current $100.69 ------Feb 13, 2008------ Maintained HOLD Target raised to $44.00 from $42.00Cdn FDG.UN Price day before:$44.25Finish day posting$45.45Current $100.69 ------Dec 07, 2007----- Maintained HOLD Target raised to $42.00 from $35.00Cdn (Target Hit Jan 25, 2008) FDG.UN Price day before:$39.10Finish day posting$39.60Current $100.69 --------Oct 31, 2007--------- Maintained HOLD Price Target $35.00Cdn FDG.UN Price day before:$34.72Finish day posting$34.62Current $100.69 -------Sept 25, 2007---- Maintained HOLD Target raised to $37.00 from $33.00Cdn FDG.UN Price day before:$37.70Finish day posting$38.00Current $100.69 ------Aug 13, 2007---------- Upgraded to HOLD from REDUCE Price Target $33.00Cdn (Target Hit) FDG.UN Price day before:$31.99Finish day posting$32.65Current $100.69 --------July 13, 2007----- Downgraded to REDUCE from HOLD Price Target raised to $33.00 from $30.00Cdn (Target Hit July 25, 2007) FDG.UN Price day before:$36.88Finish day posting$36.39Current $100.69 ------May 31, 2007---- Maintained HOLD Price Target raised to $30.00 from $23.00Cdn FDG.UN Price day before:$31.25Finish day posting$31.06Current $100.69 ------Apr 25, 2007------ Maintained HOLD Price Target $23.00Cdn FDG.UN Price day before:$26.86Finish day posting$26.90Current $100.69 ------Mar 22, 2007------ Maintained REDUCE Price Target reduced to $21.00 from $23.00Cdn FDG.UN Price day before:$26.68Finish day posting$26.24Current $100.69 -------Feb 14, 2007--------- Maintained HOLD Price Target $24.00Cdn FDG.UN Price day before:$26.60Finish day posting$27.05Current $100.69 -----Dec 08, 2006----- Upgraded to HOLD from REDUCE Price Target raised to $24.00 from $22.00Cdn FDG.UN Price day before:$26.39Finish day posting$27.60Current $100.69 -----Sept 22, 2006------- Maintained REDUCE Price Target reduced to $25.00 from $29.00Cdn (Target Hit Nov 02, 2006) FDG.UN Price day before:$28.66Finish day posting$29.34Current $100.69 ------July 20, 2006------- Downgraded to REDUCE from HOLD (Target Hit July 21, 2006) Price Target reduced to $29.00 from $36.50Cdn FDG.UN Price day before:$32.60Finish day posting$30.15Current $100.69 ************ Petro Panarites….CIBC World Markets......June 27, 2008 Maintained SECTOR PERFORM Target raised to $100.00 from $70.00Cdn (Target Hit Oct 24, 2008) FDG.UN Price day before:$91.25Finish day posting$94.04Current $100.69 -------Apr 08, 2008-------- Maintained SECTOR PERFORM Target raised to $70.00 from $50.00Cdn (Target Hit May 06, 2008) FDG.UN Price day before:$61.26Finish day posting$65.63Current $100.69 --------Mar 12, 2008----- Target raised to $50.00 from $37.00Cdn FDG.UN Price day before:$51.44Finish day posting$49.90Current $100.69 --------Aug 01, 2007----- Maintained UNDERPERFORM Price Target raised to $29.00 from $23.00Cdn (Target Hit Aug 10, 2007) FDG.UN Price day before:$34.83Finish day posting$34.85Current $100.69 --------Dec 11, 2006-------- Maintained UNDERPERFORM Price Target raised to $23.00 from $20.00Cdn FDG.UN Price day before:$27.60Finish day posting$26.78Current $100.69 ------Sept 12, 2006------- Maintained UNDERPERFORM Price Target reduced to $25.00 from $30.00Cdn (Target Hit Nov 02, 2006) FDG.UN Price day before:$29.91Finish day posting$29.74Current $100.69 ------June 26, 2006------- Maintained UNDERPERFORM Price Target reduced to $31.00 from $37.00Cdn (Target Hit July 20, 2006) FDG.UN Price day before:$35.60Finish day posting$36.84Current $100.69 *********** Ralph M. Profiti….Credit Suisse......June 24, 2008 Target raised to $96.00 from $67.00Cdn (Target Hit) FDG.UN Price day before:$94.00Finish day posting$93.42Current $100.69 ************ Lawrence Smith .........Scotia Capital ….June 04, 2008 Maintained SECTOR PERFORM Target raised to $85.00 from $68.00Cdn (Target Hit June 12, 2008) FDG.UN Price day before:$81.76Finish day posting$80.71Current $100.69 ************ John Hughes ….Desjardins Securities.....May 28, 2008 Upgraded to BUY from HOLD Target raised to $85.00 from $65.55Cdn (Target Hit June 12, 2008) FDG.UN Price day before:$76.76Finish day posting$77.93Current $100.69 -------Apr 08, 2008------- Maintained HOLD Target raised to $65.55 from $36.10Cdn (Target Hit) FDG.UN Price day before:$61.26Finish day posting$65.63Current $100.69 -------Feb 13, 2008------- Maintained HOLD Target $36.10Cdn FDG.UN Price day before:$44.25Finish day posting$45.45Current $100.69 ------Jan 16, 2008--- Maintained HOLD Price Target raised to $36.10 from $30.75Cdn (Target Hit Jan 17, 2008) FDG.UN Price day before:$38.00Finish day posting$37.88Current $100.69 -------Oct 31, 2007------ Maintained HOLD Price Target raised to $30.75 from $27.75Cdn (Target Hit Nov 12, 2007) FDG.UN Price day before:$34.72Finish day posting$34.62Current $100.69 -------Mar 23, 2007-------- Maintained HOLD Price Target reduced to $27.75 from $29.10Cdn (Target Hit) FDG.UN Price day before:$26.24Finish day posting$26.43Current $100.69 ------Feb 14, 2007-------- Maintained HOLD Price Target $29.10Cdn (Target Hit) FDG.UN Price day before:$26.60Finish day posting$27.05Current $100.69 -------Oct 25, 2006------- Maintained HOLD Price Target reduced to $29.10 from $30.90Cdn (Target Hit) FDG.UN Price day before:$27.50Finish day posting$28.25Current $100.69 -----Sept 22, 2006---- Maintained HOLD Price Target reduced to $30.90 from $35.00Cdn (Target Hit) FDG.UN Price day before:$28.66Finish day posting$29.34Current $100.69 -----July 20, 2006------- Maintained HOLD Price Target reduced to $35.00 from $39.00Cdn FDG.UN Price day before:$32.60Finish day posting$30.15Current $100.69 ------June 23, 2006---- Maintained HOLD Price Target reduced to $39.00.00 from $44.50.00Cdn FDG.UN Price day before:$35.20Finish day posting$35.60Current $100.69 *********** Gary Lampard ............Canaccord/Adams ….May 28, 2008 Maintained BUY Target raised to $100.00 from $71.50Cdn (Target Hit Oct 24, 2008) FDG.UN Price day before:$76.76Finish day posting$77.93Current $100.69 ------Apr 23, 2008------ Maintained BUY Target reduced to $71.50 from $77.00Cdn (Target Hit May 09, 2008) FDG.UN Price day before:$65.21Finish day posting$64.10Current $100.69 ------Apr 10, 2008--- Maintained BUY Target raised to $77.00 from $67.00Cdn FDG.UN Price day before:$63.28Finish day posting$64.75Current $100.69 --------Mar 24, 2008---- Upgraded to BUY from HOLD Target raised to $67.00 from $45.00Cdn (Target Hit Apr 21, 2008) FDG.UN Price day before:$50.01Finish day posting$52.41Current $100.69 ---------Feb 13, 2008--------- Maintained HOLD Target raised to $45.00 from $34.00Cdn FDG.UN Price day before:$44.25Finish day posting$45.45Current $100.69 ----Nov 14, 2007---- Upgraded to HOLD from SELL Target $31.00Cdn FDG.UN Price day before:$31.32Finish day posting$31.80Current $100.69 -------Oct 31, 2007---- Maintained SELL Price Target reduced to $31.00 from $32.00Cdn (Target Hit Nov 08, 2007) FDG.UN Price day before:$34.72Finish day posting$34.62Current $100.69 -------July 17, 2007----- Maintained SELL Price Target raised to $26.00 from $22.00Cdn FDG.UN Price day before:$36.63Finish day posting$35.71Current $100.69 ------Mar 22, 2007------ Maintained SELL Price Target $18.50Cdn FDG.UN Price day before:$26.68Finish day posting$26.24Current $100.69 -------Oct 25, 2006----- Maintained SELL Price Target reduced to $24.00 from $25.00C (Target Hit Nov 02, 2006) FDG.UN Price day before:$27.50Finish day posting$28.25Current $100.69 -------Aug 11, 2006------- Maintained BUY Price Target $33.50Cdn (Target Hit) FDG.UN Price day before:$32.90Finish day posting$32.99Current $100.69 *********** Brian MacArthur ............UBS….May 27, 2008 Maintained BUY Target raised to $88.00 from $72.00Cdn (Target Hit June 16, 2008) FDG.UN Price day before:$77.50Finish day posting$76.76Current $100.69 --------Apr 08, 2008------- Maintained BUY Target raised to $70.00 from $57.00Cdn (Target Hit May 06, 2008) FDG.UN Price day before:$61.26Finish day posting$65.63Current $100.69 ------Feb 29, 2008---------- Maintained BUY Target raised to $57.00 from $50.00C (Target Hit Apr 02, 2008) FDG.UN Price day before:$50.00Finish day posting$48.63Current $100.69 --------Feb 01, 2008------- Maintained BUY Target raised to $50.00 from $44.00C (Target Hit Feb 19, 2008) FDG.UN Price day before:$45.00Finish day posting$45.90Current $100.69 -------Nov 28, 2007------- Upgraded to BUY from NEUTRAL FDG.UN Price day before:$33.00Finish day posting$33.75Current $100.69 -------Oct 31, 2007--------- Maintained NEUTRAL Price Target reduced to $33.00 from $38.00Cdn (Target Hit) FDG.UN Price day before:$34.72Finish day posting$34.62Current $100.69 ------Oct 10, 2007------- Downgraded to NEUTRAL from BUY FDG.UN Price day before:$40.06Finish day posting$39.15Current $100.69 ----Sept 24, 2007------ Maintained BUY Target raised to $40.00 from $34.00C (Target Hit Oct 09, 2007) FDG.UN Price day before:$37.65Finish day posting$37.70Current $100.69 ------Aug 13, 2007----- Upgraded to BUY from NEUTRAL FDG.UN Price day before:$31.99Finish day posting$32.65Current $100.69 --------June 28, 2007------- Maintained NEUTRAL Price Target raised to $34.00 from $27.50Cdn (Target Hit) FDG.UN Price day before:$32.78Finish day posting$33.63Current $100.69 ------July 21, 2006------- Maintained NEUTRAL Price Target reduced to $32.50 from $37.00Cdn (Target Hit July 31, 2006) FDG.UN Price day before:$30.15Finish day posting$29.29Current $100.69 ------June 21, 2006------ Maintained NEUTRAL Price Target reduced to $37.00 from $42.00Cdn FDG.UN Price day before:$32.60Finish day posting$30.15Current $100.69 *********** Onno Rutten .........Scotia Capital ….Apr 23, 2008 Maintained SECTOR PERFORM Target raised to $68.00 from $66.00Cdn (Target Hit May 05, 2008) FDG.UN Price day before:$65.21Finish day posting$64.10Current $100.69 ------Apr 07, 2008-------- Maintained SECTOR PERFORM Target raised to $66.00 from $56.00Cdn (Target Hit Apr 17, 2008) FDG.UN Price day before:$57.70Finish day posting$61.26Current $100.69 -------Mar 13, 2008------ Upgraded to SECTOR PERFORM from UNDERPERFORM Target raised to $56.00 from $48.00Cdn (Target Hit Apr 02, 2008) FDG.UN Price day before:$49.90Finish day posting$49.96Current $100.69 --------Mar 05, 2008------ Downgraded to UNDER PERFORM from SECTOR PERFORM Target $48.00Cdn (Target Hit Mar 10, 2008) FDG.UN Price day before:$51.38Finish day posting$51.87Current $100.69 --------Feb 05, 2008------ Maintained SECTOR PERFORM Target raised to $51.00 from $44.00Cdn (Target Hit Feb 19, 2008) FDG.UN Price day before:$48.35Finish day posting$45.80Current $100.69 ------Dec 07, 2007----- Maintained SECTOR PERFORM Target raised to $44.00 from $36.00Cdn (Target Hit Jan 25, 2008) FDG.UN Price day before:$39.10Finish day posting$39.60Current $100.69 ------Oct 31, 2007----- Upgraded to SECTOR PERFORM from UNDERPERFORM Target $36.00Cdn (Target Hit) FDG.UN Price day before:$34.72Finish day posting$34.62Current $100.69 --------Oct 10, 2007----- Downgraded to UNDERPERFORM from OUTPERFORM Price Target $36.00Cdn (Target Hit Oct 30, 2007) FDG.UN Price day before:$40.06Finish day posting$39.15Current $100.69 -------Aug 27, 2007------ Upgraded to SECTOR PERFORM from UNDERPERFORM Price Target raised to $36.00 from $32.00Cdn (Target Hit Sept 04, 2007) FDG.UN Price day before:$33.88Finish day posting$34.51Current $100.69 -------Aug 21, 2007-------- Downgraded to UNDERPERFORM from OUTPERFORM Price Target $32.00Cdn (Target Hit) FDG.UN Price day before:$30.25Finish day posting$30.88Current $100.69 --------June 11, 2007------- Upgraded to OUTPERFORM from SECTOR PERFORM Price Target raised to $32.00 from $26.00Cdn (Target Hit June 14, 2007) FDG.UN Price day before:$30.28Finish day posting$30.77Current $100.69 ************ Ian Howat .........National Bank Financial ….Apr 09, 2008 Target raised to $61.00 from $55.00Cdn (Target Hit Apr 29, 2008) FDG.UN Price day before:$65.63Finish day posting$63.28Current $100.69 -------Feb 13, 2008-------- Target raised to $45.00 from $38.00Cdn FDG.UN Price day before:$44.25Finish day posting$45.45Current $100.69 ------Jan 23, 2008------ Target reduced to $38.00 from $45.00Cdn FDG.UN Price day before:$36.15Finish day posting$37.50Current $100.69 -------June 29, 2007----- Maintained UNDERPERFORM Price Target raised to $26.50 from $22.50Cdn FDG.UN Price day before:$33.63Finish day posting$35.00Current $100.69 -----Apr 25, 2007--------- Maintained UNDERPERFORM Price Target $22.50Cdn FDG.UN Price day before:$26.86Finish day posting$26.90Current $100.69 ------Dec 01, 2006-------- Price Target reduced to $22.50 from $28.60Cdn FDG.UN Price day before:$24.38Finish day posting$24.00Current $100.69 -----Oct 25, 2006------ Price Target reduced to $28.60 from $32.25Cdn FDG.UN Price day before:$27.50Finish day posting$28.25Current $100.69 ************
Jay Turner….BMO Capital Markets......June 18, 2007 Downgraded to UNDERPERFORM from MARKET PERFORM FDG.UN Price day before:$34.01Finish day posting$32.80Current $100.69 ************ Manolis Liodakis PhD.....Citigroup Smith Barney….Oct 16, 2006 Downgraded to ATTRACTIVE 6 from ATTRACTIVE 5 FDG.UN Price day before:$28.33Finish day posting$29.02Current $100.69 ****************** Alec Kodatsky .........Scotia Capital ….Sept 19, 2006 Maintained SECTOR UNDERPERFORM Price Target reduced to $24.00 from $27.00Cdn (Target Hit Nov 02, 2006) FDG.UN Price day before:$29.95Finish day posting$28.98Current $100.69 ************ Chris Lancaster .........RBC Capital ….July 19, 2006 Maintained SECTOR PERFORM Price Target reduced to $30.00 from $34.00Cdn (Target Hit July 21, 2006) FDG.UN Price day before:$32.93Finish day posting$32.60Current $100.69 ************
|