Canada Research Roundup: IGM Financial, RBC, Scotiabank

Bank of Nova Scotia

19/11/2025 07:13

Nov 19 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including IGM Financial, RBC and Scotiabank on Wednesday.

HIGHLIGHTS

* IGM Financial Inc IGM.TO: CIBC initiates coverage with neutral rating
* Lithium Royalty Corp LIRC.TO: Canaccord Genuity raises PT to C$9 from C$8.6
* MTY Food Group Inc MTY.TO: Raymond James cuts PT to C$44 from C$50
* RBC RY.TO: CIBC raises target price to C$220 from C$208
* Scotiabank BNS.TO: CIBC raises target price to C$100 from C$93

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

* Bank of Montreal BMO.TO: CIBC raises target price to C$192 from C$180
* Bombardier BBDb.TO: JP Morgan raises target price to C$215 from C$170
* IGM Financial Inc IGM.TO: CIBC initiates coverage with neutral rating
* IGM Financial Inc IGM.TO: CIBC initiates coverage with target price C$61
* Lithium Royalty Corp LIRC.TO: Canaccord Genuity raises PT to C$9 from C$8.6
* MTY Food Group Inc MTY.TO: Raymond James cuts PT to C$44 from C$50
* National Bank of Canada NA.TO: CIBC raises target price to C$166 from C$154
* Power Corporation of Canada POW.TO: CIBC initiates coverage with neutral rating
* Power Corporation of Canada POW.TO: CIBC initiates coverage with target price C$75
* Power Corporation of Canada POW.TO: RBC raises target price to C$68 from C$60
* RBC RY.TO: CIBC raises target price to C$220 from C$208
* Riocan REIT REI_u.TO: BMO raises PT to C$21 from C$20
* Scotiabank BNS.TO: CIBC raises target price to C$100 from C$93
* TD Bank Group TD.TO: CIBC raises target price to C$122 from C$112

 (Compiled by Bengaluru Newsroom)

 ((Diaries@thomsonreuters.com))