Canada Research Roundup: Bank of Montreal, Pan American Silver, Scotiabank

Bank of Nova Scotia

05/09/2025 08:44

Sept 5 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bank of Montreal, Pan American Silver and Scotiabank on Friday.

HIGHLIGHTS

* Bank of Montreal BMO.TO: CIBC raises to outperformer from neutral
* National Bank of Canada NA.TO: CIBC raises target price to C$154.00 from C$151.00
* Pan American Silver PAAS.TO: National Bank of Canada resumes coverage with outperform rati
* Scotiabank BNS.TO: CIBC raises target price to C$93.00 from C$90.00
* TD Bank Group TD.TO: CIBC raises target price to C$112.00 from C$109.00

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

* Badger Infrastructure Solutions BDGI.TO: TD Cowen initiates coverage with PT C$70
* Badger Infrastructure Solutions BDGI.TO: TD Cowen initiates coverage with buy rating
* Bank of Montreal BMO.TO: Canaccord Genuity raises target price to C$185 from C$180
* Bank of Montreal BMO.TO: CIBC raises target price to C$180 from C$173
* Bank of Montreal BMO.TO: CIBC raises to outperformer from neutral
* Bird Construction Inc BDT.TO: Stifel raises target price to C$36 from C$34
* Cargojet Inc CJT.TO: Raymond James initiates coverage with price target C$132
* Cargojet Inc CJT.TO: Raymond James initiates coverage with outperform rating
* First Majestic Silver Corp AG.TO: Cormark Securities raises PT to C$17.5 from C$14
* National Bank of Canada NA.TO: CIBC raises target price to C$154.00 from C$151.00
* Pan American Silver PAAS.TO: National Bank of Canada resumes coverage with outperform rating
* Pan American Silver PAAS.TO: National Bank of Canada resumes coverage with PT C$62
* Pan American Silver Corp PAAS.TO: BMO raises target price to C$45 from C$38
* RBC RY.TO: CIBC cuts to neutral from outperformer
* Scotiabank BNS.TO: CIBC raises target price to C$93.00 from C$90.00
* Snowline Gold SGD.V: National Bank of Canada resumes coverage with outperform rating
* Snowline Gold SGD.V: National Bank of Canada resumes coverage with PT C$15
* TD Bank Group TD.TO: CIBC raises target price to C$112.00 from C$109.00

 (Compiled by Bengaluru Newsroom)

 ((Diaries@thomsonreuters.com))