Canada Research Roundup: Athabasca Oil, Cenovus Energy, Enbridge

Athabasca Oil

06/10/2026 11:58

Oct 6 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Athabasca Oil Corp, Cenovus Energy Inc and Enbridge, on Tuesday. 
     
HIGHLIGHTS   
     
* Athabasca Oil Corp ATH.TO: Scotiabank raises target price to C$12 from C$11 
* Cenovus Energy Inc CVE.TO: National Bank of Canada cuts target price to C$57 from C$60 
* Enbridge Inc. ENB.TO: JP Morgan cuts target price to C$76 from C$81 
* Goldsky Resources Corp GSKR.V: Stifel initiates coverage with speculative buy rating
* Suncor Energy Inc (Canada) SU.TO: ATB Cormark Capital Markets raises PT to C$110 from C$108 
     
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday Stock entries are in alphabetical order.

* Aritzia Inc. ATZ.TO: Raymond James cuts target price to C$175 from C$200 
* Athabasca Oil ATH.TO: Scotiabank raises target price to C$12 from C$11 
* Athabasca Oil Corporation ATH.TO: BMO cuts target price to C$12 from C$12.5 
* Athabasca Oil Corporation ATH.TO: Scotiabank raises target price to C$12 from C$11 
* Aurora Cannabis Inc. ACB.TO: ATB Cormark Capital Markets raises PT to C$7 from C$5.6 
* Cenovus Energy CVE.TO: Gerdes Energy Research raises target price by C$3 to C$53 
* Cenovus Energy CVE.TO: National Bank of Canada cuts target price to C$57 from C$60 
* Cenovus Energy Incorporation CVE.TO: ATB Cormark Capital Markets ups PT to C$49 from C$42.5 
* Cenovus Energy Incorporation CVE.TO: Raymond James raises PT to C$53 from C$51 
* Coveo Solutions Inc CVO.TO: Scotiabank resumes coverage with sector perform rating
* Coveo Solutions Inc CVO.TO: Scotiabank resumes coverage with target price C$5 
* Definity Financial Corporation DFY.TO: UBS cuts target price to C$76 from C$82 
* Element Fleet Management Corp. EFN.TO: Raymond James cuts PT to C$32 from C$42 
* Enbridge Inc ENB.TO: JP Morgan cuts target price to C$76 from C$81 
* Goldsky Resources Corp GSKR.V: Stifel initiates coverage with speculative buy rating
* Goldsky Resources Corp GSKR.V: Stifel initiates coverage with target price C$6.2 
* Great-West Lifeco Inc GWO.TO: UBS raises target price to C$101 from C$95 
* Hudbay Minerals Inc HBM.TO: Barclays raises target price to C$46 from C$45 
* Intact Financial Corp IFC.TO: UBS cuts target price to C$262 from C$278 
* Suncor Energy Inc SU.TO: ATB Cormark Capital Markets raises PT to C$110 from C$108 
* Tourmaline Oil TOU.TO: UBS cuts target price to C$68 from C$72 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))