Canada Research Roundup: DPM Metals, Fortis, Parex Resources

Fortis

15/09/2025 12:13

Sept 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including DPM Metals, Fortis and Parex Resources, on Monday.

HIGHLIGHTS

* ARC Resources Ltd ARX.TO: Raymond James cuts target price to C$33 from C$35
* DPM Metals Inc DPM.TO: BMO resumes coverage with outperform rating
* Fortis Inc FTS.TO: Jefferies raises target price to C$72 from C$70
* Parex Resources Inc PXT.TO: BMO raises to outperform from market perform
* Real Matters Inc REAL.TO: Raymond James raises target price to C$9 from C$7.50

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

* ARC Resources Ltd ARX.TO: Raymond James cuts target price to C$33 from C$35
* Centerra Gold Inc CG.TO: BMO raises target price to C$14 from C$10
* DPM Metals Inc DPM.TO: BMO resumes coverage with outperform rating
* DPM Metals Inc DPM.TO: BMO resumes coverage with price target C$36
* Fortis Inc FTS.TO: Jefferies raises target price to C$72 from C$70
* Parex Resources Inc PXT.TO: BMO raises target price to C$20 from C$16
* Parex Resources Inc PXT.TO: BMO raises to outperform from market perform
* Real Matters Inc REAL.TO: Raymond James raises target price to C$9 from C$7.50
* Sandstorm Gold Ltd SSL.TO: CIBC cuts to tender from neutral
* Sandstorm Gold Ltd SSL.TO: CIBC raises target price to C$16.5 from C$13.5
* Versamet Royalties Corp VMET.V: Cormark Securities adjusts PT to C$11.25 from C$2.25 to reflect share consolidation

 (Compiled by Bengaluru Newsroom)

 ((Diaries@thomsonreuters.com))