Canada Research Roundup: Air Canada, CAE, TMX Group

Cenovus Energy Incorporation

17/08/2026 09:45

Aug 17 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Air Canada, CAE and TMX Group on Monday

HIGHLIGHTS  
      
* Air Canada AC.TO: Canaccord Genuity raises target price to C$33 from C$26 
* CAE Inc CAE.TO: RBC raises to outperform from sector perform
* TMX Group Ltd X.TO: CIBC initiates coverage with outperformer rating

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

* Air Canada AC.TO: Canaccord Genuity raises target price to C$33 from C$26 
* Air Canada AC.TO: JP Morgan raises target price to C$36 from C$23 
* ATS Corporation ATS.TO: Scotiabank cuts target price to C$31 from C$46 
* Bird Construction Inc. BDT.TO: TD Cowen raises target price to C$85 from C$72 
* CAE Inc CAE.TO: RBC raises target price to C$46 from C$36 
* CAE Inc CAE.TO: RBC raises to outperform from sector perform
* Canadian Natural Resources Ltd CNQ.TO: Jefferies raises target price to C$70 from C$64 
* Cargojet Inc CJT.TO: Stifel raises target price to C$125 from C$120 
* CCL Industries Inc. CCLb.TO: Stifel raises target price to C$115 from C$105 
* Cenovus Energy Incorporation CVE.TO: Jefferies raises target price to C$51 from C$49 
* Mattr Corp MATR.TO: RBC raises target price to C$22 from C$13 
* Suncor Energy Inc (Canada) SU.TO: Jefferies cuts target price to C$92 from C$96 
* Terravest Industries Inc TVK.TO: Scotiabank cuts PT to C$129 from C$134 
* Terravest Industries Inc TVK.TO: Scotiabank cuts to sector perform from sector outperform
* TMX Group Ltd X.TO: CIBC initiates coverage with outperformer rating
* TMX Group Ltd X.TO: CIBC initiates coverage with target price C$64.5 
* Verticalscope Holdings Inc FORA.TO: Canaccord Genuity raises target price to C$4.25 from C$3
* Verticalscope Holdings Inc FORA.TO: Canaccord Genuity raises to speculative buy from hold

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