Canada Research Roundup: Athabasca Oil, Cenovus Energy, Enbridge

Coveo Solutions

06/10/2026 11:58

       Oct 6 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies including Athabasca Oil Corp, Cenovus Energy Inc and Enbridge, on Tuesday. 
     
    HIGHLIGHTS   
     
     * Athabasca Oil Corp  ATH.TO : Scotiabank raises target price to C$12 from C$11 
     * Cenovus Energy Inc  CVE.TO : National Bank of Canada cuts target price to C$57 from C$60 
     * Enbridge Inc.  ENB.TO : JP Morgan cuts target price to C$76 from C$81 
     * Goldsky Resources Corp  GSKR.V : Stifel initiates coverage with speculative buy rating
     * Suncor Energy Inc (Canada)  SU.TO : ATB Cormark Capital Markets raises PT to C$110 from C$108 
     
    Following is a summary of research actions on Canadian companies reported by Reuters on
Tuesday Stock entries are in alphabetical order.
    
     * Aritzia Inc.  ATZ.TO : Raymond James cuts target price to C$175 from C$200 
     * Athabasca Oil  ATH.TO : Scotiabank raises target price to C$12 from C$11 
     * Athabasca Oil Corporation  ATH.TO : BMO cuts target price to C$12 from C$12.5 
     * Athabasca Oil Corporation  ATH.TO : Scotiabank raises target price to C$12 from C$11 
     * Aurora Cannabis Inc.  ACB.TO : ATB Cormark Capital Markets raises PT to C$7 from C$5.6 
     * Cenovus Energy  CVE.TO : Gerdes Energy Research raises target price by C$3 to C$53 
     * Cenovus Energy  CVE.TO : National Bank of Canada cuts target price to C$57 from C$60 
     * Cenovus Energy Incorporation  CVE.TO : ATB Cormark Capital Markets ups PT to C$49 from C$42.5 
     * Cenovus Energy Incorporation  CVE.TO : Raymond James raises PT to C$53 from C$51 
     * Coveo Solutions Inc  CVO.TO : Scotiabank resumes coverage with sector perform rating
     * Coveo Solutions Inc  CVO.TO : Scotiabank resumes coverage with target price C$5 
     * Definity Financial Corporation  DFY.TO : UBS cuts target price to C$76 from C$82 
     * Element Fleet Management Corp.  EFN.TO : Raymond James cuts PT to C$32 from C$42 
     * Enbridge Inc  ENB.TO : JP Morgan cuts target price to C$76 from C$81 
     * Goldsky Resources Corp  GSKR.V : Stifel initiates coverage with speculative buy rating
     * Goldsky Resources Corp  GSKR.V : Stifel initiates coverage with target price C$6.2 
     * Great-West Lifeco Inc  GWO.TO : UBS raises target price to C$101 from C$95 
     * Hudbay Minerals Inc  HBM.TO : Barclays raises target price to C$46 from C$45 
     * Intact Financial Corp  IFC.TO : UBS cuts target price to C$262 from C$278 
     * Suncor Energy Inc  SU.TO : ATB Cormark Capital Markets raises PT to C$110 from C$108 
     * Tourmaline Oil  TOU.TO : UBS cuts target price to C$68 from C$72 
 
    (Compiled by Bengaluru Newsroom)
 ((mailto:Diaries@thomsonreuters.com))