Canada Research Roundup: Bank of Montreal, RBC, Terravest Industries

BRP

26/11/2024 07:21

Nov 26 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies including Bank of Montreal, RBC and Terravest Industries, on Tuesday.
      
        HIGHLIGHTS
  
                 * Bank of Montreal  BMO.TO : CIBC raises target price to C$134 from C$120
 
                 * CI Financial Corp  CIX.TO : KBW cuts to market perform from outperform
 
                 * RBC  RY.TO : CIBC raises target price to C$176 from C$167
 
                 * Russel Metals Inc  RUS.TO : RBC raises to outperform from sector perform
 
                 * Terravest Industries Inc  TVK.TO : National Bank of Canada raises PT to C$128 from C$104 -
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
                 * Bank of Montreal  BMO.TO : CIBC raises target price to C$134 from C$120
 
                 * BRP Inc  DOO.TO : TD Cowen cuts target price to C$81 from C$95
 
                 * Canadian Western Bank  CWB.TO : CIBC raises target price to C$63.5 from C$60.3
 
                 * CI Financial Corp  CIX.TO : CIBC raises target price to C$32 from C$23
 
                 * CI Financial Corp  CIX.TO : KBW  raises target price to C$31.50 from C$28
 
                 * CI Financial Corp  CIX.TO : KBW cuts to market perform from outperform
 
                 * EQB Inc  EQB.TO : CIBC raises target price to C$130 from C$113
 
                 * Laurentian Bank of Canada  LB.TO : CIBC raises target price to C$31 from C$28
 
                 * National Bank of Canada  NA.TO : CIBC raises target price to C$141 from C$135
 
                 * RBC  RY.TO : CIBC raises target price to C$176 from C$167
 
                 * Russel Metals Inc  RUS.TO : RBC raises target price to C$51 from C$45
 
                 * Russel Metals Inc  RUS.TO : RBC raises to outperform from sector perform
 
                 * Scotiabank  BNS.TO : CIBC raises target price to C$84 from C$82
 
                 * TD Bank Group  TD.TO : CIBC cuts target price to C$93 from C$96
 
                 * Terravest Industries Inc  TVK.TO : National Bank of Canada raises PT to C$128 from C$104 -
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))