Canada Research Roundup: Paramount Resources, Spartan Delta, Wajax

Bank of Nova Scotia

04/03/2026 08:06

March 4 (Reuters) - Securities analysts revised their ratings and price targets for several Canadian companies, including Paramount Resources, Spartan Delta and Wajax, on Wednesday.

     HIGHLIGHTS

* CAE Inc CAE.TO: Stifel initiates coverage with buy rating; target price C$50
* Goeasy Ltd GSY.TO: BMO cuts target price to C$170 from C$226
* Paramount Resources Ltd POU.TO: CIBC raises target price to C$30.5 from C$25.5
* Spartan Delta Corp SDE.TO: Roth MKM initiates coverage with buy rating
* Wajax Corp WJX.TO: National Bank of Canada raises to outperform from sector perform

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

* Atkinsréalis ATRL.TO: Stifel cuts target price to C$113 from C$121
* CAE Inc CAE.TO: Stifel initiates coverage with buy rating; target price C$50
* European Residential REIT ERE_u.TO: TD Cowen cuts target price to C$1.19 from C$1.25
* European Residential REIT ERE_u.TO: TD Cowen cuts to sell from hold
* Goeasy Ltd GSY.TO: BMO cuts target price to C$170 from C$226
* Paramount Resources Ltd POU.TO: BMO raises target price to C$32 from C$24
* Paramount Resources Ltd POU.TO: CIBC raises target price to C$30.5 from C$25.5
* Paramount Resources Ltd POU.TO: Roth MKM initiates coverage with buy rating
* Paramount Resources Ltd POU.TO: Roth MKM initiates coverage with price target C$33
* Pet Valu Holdings Ltd PET.TO: CIBC cuts target price to C$28 from C$36
* Pet Valu Holdings Ltd PET.TO: CIBC cuts to neutral from outperformer
* Pet Valu Holdings Ltd PET.TO: Desjardins cuts target price to C$32 from C$38
* Pet Valu Holdings Ltd PET.TO: Raymond James cuts target price to C$31.50 from C$40
* Pet Valu Holdings Ltd PET.TO: Barclays cuts target price to C$28 from C$34
* Propel Holdings Inc PRL.TO: Canaccord Genuity cuts target price to C$27 from C$37
* Scotiabank BNS.TO: TD Cowen cuts target price to C$111 from C$112
* Scotiabank BNS.TO: TD Cowen cuts to hold from buy
* Spartan Delta Corp SDE.TO: Roth MKM initiates coverage with buy rating
* Spartan Delta Corp SDE.TO: Roth MKM initiates coverage with price target C$13.5
* Wajax Corp WJX.TO: National Bank of Canada raises target price to C$37 from C$27
* Wajax Corp WJX.TO: National Bank of Canada raises to outperform from sector perform

 (Compiled by Bengaluru Newsroom)

 ((Diaries@thomsonreuters.com))