Canada Research Roundup: BRP, EQB, Scotiabank

Bank of Montreal

19/08/2026 08:57

Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including BRP, EQB and Scotiabank, on Wednesday.
     
HIGHLIGHTS  
      
* Air Canada AC.TO: Stifel raises target price to C$38 from C$30 
* BRP Inc. DOO.TO: TD Cowen raises to buy from hold
* EQB Inc. EQB.TO: CIBC raises target price to C$165 from C$151
* Scotiabank BNS.TO: CIBC raises target price to C$136 from C$122
* Wesdome Gold Mines Ltd WDO.TO: National Bank of Canada raises PT to C$40 from C$34.5 
     
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
      
* Air Canada AC.TO: Stifel raises target price to C$38 from C$30 
* Bank of Montreal BMO.TO: CIBC cuts to neutral from outperformer
* Bank of Montreal BMO.TO: CIBC raises target price to C$272 from C$244 
* BRP Inc. DOO.TO: TD Cowen raises target price to C$106 from C$92 
* BRP Inc. DOO.TO: TD Cowen raises to buy from hold
* Cadillac Mines Corp CADY.TO: CIBC initiates coverage with outperformer rating
* Cadillac Mines Corp CADY.TO: CIBC initiates coverage with target price C$13 
* Cadillac Mines Corp CADY.TO: Ventum Financial initiates coverage target price C$11 
* Cadillac Mines Corp CADY.TO: Ventum Financial initiates coverage with buy rating
* Cerrado Gold Inc CERT.V: H.C. Wainwright raises target price to C$3.9 from C$3.4
* EQB Inc EQB.TO: CIBC raises target price to C$165 from C$151
* National Bank of Canada NA.TO: CIBC raises target price to C$249 from C$221 
* National Bank of Canada NA.TO: CIBC raises to outperformer from neutral
* RBC RY.TO: CIBC raises target price to C$311 from C$279 
* Scotiabank BNS.TO: CIBC raises target price to C$136 from C$122
* TD Bank Group TD.TO: CIBC raises target price to C$184 from C$164 
* Wesdome Gold Mines Ltd WDO.TO: BMO raises target price to C$34 from C$30
* Wesdome Gold Mines Ltd WDO.TO: BMO cuts to market perform from outperform
* Wesdome Gold Mines Ltd WDO.TO: National Bank of Canada raises PT to C$40 from C$34.5 

(Compiled by Bengaluru Newsroom)
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