Canada Research Roundup: Bank of Montreal, Franco-Nevada, Toronto-Dominion Bank

Equinox Gold

24/07/2023 11:05

July 24 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Bank of Montreal, Franco-Nevada and Toronto-Dominion Bank,
on Monday. 
    
    HIGHLIGHTS    
   
     * Bank of Montreal  BMO.TO : Canaccord Genuity raises target price to C$130.5 from C$121.5
     * Fortis Inc  FTS.TO : Credit Suisse cuts target price to C$61.50 from C$62
     * Franco-Nevada Corp  FNV.TO : Canaccord Genuity cuts target price to C$205 from C$217
     * National Bank of Canada  NA.TO : Canaccord Genuity raises target to C$105 from C$102
     * Toronto-Dominion Bank  TD.TO : Canaccord Genuity raises target price to C$92.5 from C$86
 
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 

            
     * Agnico Eagle Mines Ltd  AEM.TO : Canaccord Genuity cuts target price to C$91 from C$99
     * Aris Mining Corp  ARIS.TO : Canaccord Genuity cuts target price to C$9.5 from C$10.75
     * B2Gold Corp  BTO.TO : Canaccord Genuity cuts target price to C$8 from C$9
     * Bank of Montreal  BMO.TO : Canaccord Genuity raises target price to C$130.5 from C$121.5
     * Barrick Gold Corp  ABX.TO : Canaccord Genuity cuts target price to C$30 from C$33
     * Canadian Imperial Bank of Commerce  CM.TO : Canaccord Genuity raises PT to C$64 from C$62
     * Canadian Utilities Ltd  CU.TO : Credit Suisse cuts target price to C$40 from C$40.50
     * Centerra Gold Inc  CG.TO : Canaccord Genuity raises target price to C$10 from C$9.5
     * Dundee Precious Metals Inc  DPM.TO : Canaccord Genuity cuts target price to C$12 from C$12.5
     * Eldorado Gold Corp  ELD.TO : Canaccord Genuity cuts target price to C$16 from C$17
     * Elemental Altus Royalties Corp  ELE.V : Canaccord Genuity cuts PT to C$1.75 from C$1.95
     * Equinox Gold Corp  EQX.TO : Canaccord Genuity raises target price to C$9 from C$8.5
     * Fortis Inc  FTS.TO : Credit Suisse cuts target price to C$61.50 from C$62
     * Fortuna Silver Mines Inc  FVI.TO : Canaccord Genuity cuts target price to C$5.75 from C$6
     * Franco-Nevada Corp  FNV.TO : Canaccord Genuity cuts target price to C$205 from C$217
     * IAMGOLD Corp  IMG.TO : Canaccord Genuity cuts target price to C$4 from C$4.25
     * Karora Resources Inc  KRR.TO : Canaccord Genuity cuts target price to C$6.5 from C$7.5
     * Kinross Gold Corp  K.TO : Canaccord Genuity cuts target price to C$9 from C$10
     * MAG Silver Corp  MAG.TO : Canaccord Genuity cuts target price to C$24 from C$26
     * National Bank of Canada  NA.TO : Canaccord Genuity raises target to C$105 from C$102
     * Orezone Gold Corp  ORE.TO : Canaccord Genuity cuts target price to C$2.75 from C$3.25
     * Osisko Gold Royalties Ltd  OR.TO : Canaccord Genuity cuts target to C$26.5 from C$28
     * Royal Bank of Canada  RY.TO : Canaccord Genuity raises target price to C$135 from C$128.5
     * Sandstorm Gold Ltd  SSL.TO : Canaccord Genuity cuts target price to C$10 from C$11
     * Scotiabank  BNS.TO : Canaccord Genuity raises target price to C$69.5 from C$67
     * Silvercorp Metals Inc  SVM.TO : Canaccord Genuity cuts target price to C$5.25 from C$6
     * Torex Gold Resources Inc  TXG.TO : Canaccord Genuity cuts target price to C$25 from C$27
     * Toronto-Dominion Bank  TD.TO : Canaccord Genuity raises target price to C$92.5 from C$86
     * Triple Flag Precious Metals Corp  TFPM.TO : Canaccord Genuity cuts PT to C$21.5 from C$23
     * Wesdome Gold Mines Ltd  WDO.TO : Canaccord Genuity cuts target price to C$7 from C$8
     * Wheaton Precious Metals Corp  WPM.TO : Canaccord Genuity cuts target to C$69 from C$74
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))