Canada Research Roundup: Bombardier, Ero Copper, TCP Energy

Canadian National Railway

16/07/2026 12:30

July 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Bombardier, Ero Copper and TCP Energy, on Thursday.
       
 HIGHLIGHTS  
     
     
* Aecon Group Inc ARE.TO: Stifel raises target price to C$60 from C$54 
* Bombardier BBDb.TO: Scotiabank raises target price to C$380 from C$330 
* Ero Copper Corp ERO.TO: BofA Global Research raises to buy from neutral rating 
* TCP Energy TRP.TO: Barclays raises target price to C$100 from C$92 
* Western Investment Company of Canada Ltd WI.V: Raymond James initiates coverage with outperform rating

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

* Aecon Group Inc ARE.TO: Stifel raises target price to C$60 from C$54 
* Agnico Eagle Mines Ltd. AEM.TO: Barclays cuts target price to C$266 from C$298 
* Atkinsréalis ATRL.TO: Stifel raises target price to C$105 from C$99 
* Badger Infrastructure Solutions Ltd BDGI.TO: Stifel raises PT to C$106 from C$94 
* Barrick Mining Corp ABX.TO: Barclays cuts target price to C$55 from C$56 
* Bird Construction Inc BDT.TO: Raymond James raises target price to C$75 from C$60 
* Bird Construction Inc BDT.TO: Stifel raises target price to C$85 from C$64 
* Bombardier BBDb.TO: Scotiabank raises target price to C$380 from C$330 
* Cameco Corp CCO.TO: Barclays cuts target price to C$147 from C$149 
* Canadian National Railway Co CNR.TO: Bernstein raises PT to C$196 from C$163 
* Canadian National Railway Co CNR.TO: Scotiabank raises PT to C$194 from C$162 
* Canadian Pacific Kansas City CP.TO: Bernstein raises target price to C$144 from C$125 
* Canadian Pacific Kansas City CP.TO: Scotiabank raises PT to C$143 from C$122 
* Equinox Gold Corp EQX.TO: CIBC cuts target price to C$27 from C$31 
* Ero Copper Corp ERO.TO: BofA Global Research raises PT to C$49.00 from C$41.00 
* Ero Copper Corp ERO.TO: BofA Global Research raises to buy from neutral rating 
* Exchange Income Corp EIF.TO: Scotiabank raises target price to C$145 from C$129 
* First Quantum FM.TO: Barclays raises target price to C$46 from C$42 
* Hudbay Minerals Inc. HBM.TO: Barclays raises target price to C$45 from C$41 
* Lundin Mining Corp. LUN.TO: Barclays raises target price to C$43 from C$42 
* Or Royalties Inc OR.TO: CIBC cuts target price to C$85 from C$88 
* Orla Mining Ltd OLA.TO: CIBC cuts target price to C$27 from C$32 
* Orla Mining Ltd OLA.TO: CIBC cuts to tender from outperformer
* Rockpoint Gas Storage Inc RGSI.TO: TD Cowen cuts target price to C$32 from C$35 
* Rockpoint Gas Storage Inc RGSI.TO: TD Cowen cuts to hold from buy
* TCP Energy TRP.TO: Barclays raises target price to C$100 from C$92 
* Telesat Corp TSAT.TO: Stifel initiates coverage with target price C$100 
* Telesat Corp TSAT.TO: Stifel initiates coverage with buy rating
* Telus Corp. T.TO: Barclays cuts target price to C$17 from C$19 
* TFI International TFII.TO: Scotiabank raises PT to C$260 from C$200
* TFI International TFII.TO: Scotiabank raises to sector outperform from sector perform
* Western Investment Company of Canada Ltd WI.V: Raymond James initiates coverage with price target C$1.25 
* Western Investment Company of Canada Ltd WI.V: Raymond James initiates coverage with outperform rating

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