Canada Research Roundup: Altagas, Canadian Utilities, Hydro One

Alimentation Couche-Tard

27/06/2025 08:36

June 27 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Altagas, Canadian Utilities and Hydro One on Friday.

HIGHLIGHTS

* Altagas Ltd ALA.TO: TD Cowen initiates coverage with buy rating
* Alimentation Couche-Tard Inc ATD.TO: BMO cuts PT to C$76.00 from C$82.00
* CAE Inc CAE.TO: CIBC raises target price to C$44 from C$38
* Canadian Utilities Ltd CU.TO: TD Cowen initiates coverage with hold rating
* Hydro One Ltd H.TO: TD Cowen initiates coverage with target price C$52

Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.

* Alimentation Couche-Tard Inc ATD.TO: BMO cuts PT to C$76.00 from C$82.00
* Alimentation Couche-Tard Inc ATD.TO: Jefferies cuts target price to C$87 from C$90
* Altagas Ltd ALA.TO: TD Cowen initiates coverage with buy rating
* Altagas Ltd ALA.TO: TD Cowen initiates coverage with target price C$45
* Atco Ltd ACOx.TO: TD Cowen initiates coverage with hold rating
* Atco Ltd ACOx.TO: TD Cowen initiates coverage with target price C$56
* CAE Inc CAE.TO: CIBC raises target price to C$44 from C$38
* CAE Inc CAE.TO: CIBC raises to outperformer from neutral
* Canadian Utilities Ltd CU.TO: TD Cowen initiates coverage with hold rating
* Canadian Utilities Ltd CU.TO: TD Cowen initiates coverage with target price C$40
* Emera Inc EMA.TO: TD Cowen initiates coverage with buy rating
* Emera Inc EMA.TO: TD Cowen initiates coverage with target price C$69
* Hydro One Ltd H.TO: TD Cowen initiates coverage with hold rating
* Hydro One Ltd H.TO: TD Cowen initiates coverage with target price C$52

 (Compiled by Bengaluru Newsroom)

 ((Diaries@thomsonreuters.com))