Canada Research Roundup: Bank of Montreal, Capital Power, Transalta

Canadian Apartment Properties Real Estate Investment Trust

18/02/2025 07:40

Feb 18 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies including Bank of Montreal, Capital Power and Transalta on Tuesday.
     
        HIGHLIGHTS 
                 * Bank of Montreal  BMO.TO : CIBC raises target price to C$154 from C$150
 
                 * Capital Power Corp  CPX.TO : CIBC raises to outperformer from neutral
 
                 * TD Bank Group  TD.TO : Jefferies cuts to hold from buy; raises target to C$99 from C$90
 
                 * Transalta Corp  TA.TO : CIBC raises to outperformer from neutral
 
                 * WSP Global Inc  WSP.TO : CIBC raises target price to C$293 from C$278
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
                 * Air Canada  AC.TO : CIBC cuts target price to C$24 from C$28
 
                 * Bank of Montreal  BMO.TO : CIBC raises target price to C$154 from C$150
 
                 * Bank of Montreal  BMO.TO : Jefferies raises target price to C$140 from C$126
 
                 * Cae Inc  CAE.TO : CIBC raises target price to C$39 from C$37
 
                 * Capital Power Corp  CPX.TO : CIBC raises to outperformer from neutral
 
                 * Capital Power Corp  CPX.TO : CIBC cuts target price to C$64 from C$68
 
                 * Capreit  CAR_u.TO : CIBC cuts target price to C$50 from C$55
 
                 * Definity Financial Corp  DFY.TO : CIBC raises target price to C$66 from C$59
 
                 * Enbridge Inc  ENB.TO : RBC raises target price to C$67 from C$63
 
                 * Fortis Inc  FTS.TO : CIBC raises target price to C$65 from C$64
 
                 * Fortis Inc  FTS.TO : RBC raises target price to C$69 from C$65
 
                 * Fortuna Mining Corp  FVI.TO : CIBC cuts to underperformer from neutral
 
                 * Fortuna Mining Corp  FVI.TO : CIBC cuts target price to C$7 from C$8
 
                 * Interfor Corp  IFP.TO : CIBC cuts target price to C$20 from C$22
 
                 * National Bank of Canada  NA.TO : CIBC cuts target price to C$135 from C$141
 
                 * National Bank of Canada  NA.TO : Jefferies cuts target price to C$149 from C$153
 
                 * Paramount Resources Ltd  POU.TO : RBC cuts target price to C$19 from C$34
 
                 * RBC  RY.TO : CIBC cuts target price to C$175 from C$176
 
                 * RBC  RY.TO : Jefferies cuts target price to C$192 from C$197
 
                 * Scotiabank  BNS.TO : CIBC cuts to neutral from outperformer
 
                 * Scotiabank  BNS.TO : CIBC cuts target price to C$81 from C$84
 
                 * Scotiabank  BNS.TO : Jefferies cuts target price to C$77 from C$81
 
                 * TCP Energy Corp  TRP.TO : RBC raises target price to C$74 from C$71
 
                 * TD Bank Group  TD.TO : CIBC raises target price to C$94 from C$90
 
                 * TD Bank Group  TD.TO : Jefferies cuts to hold from buy; raises target to C$99 from C$90
 
                 * Transalta Corp  TA.TO : CIBC raises to outperformer from neutral
 
                 * Transalta Corp  TA.TO : CIBC cuts target price to C$19.5 from C$23
 
                 * West Fraser Timber Co Ltd  WFG.TO : CIBC cuts target price to C$170 from C$171
 
                 * WSP Global Inc  WSP.TO : CIBC raises target price to C$293 from C$278
 
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))