Canada Research Roundup: Bank of Montreal, Canadian Western Bank, Royal Bank of Canada

Mainstreet Equity

15/02/2022 07:29

Feb 15 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bank of Montreal, Canadian Western Bank and Royal Bank of Canada,
on Tuesday. 

    HIGHLIGHTS    
     * Bank of Montreal  BMO.TO : TD Securities raises target price to C$170 from C$160 
     * Canadian Western Bank  CWB.TO : TD Securities raises target price to C$47 from C$43 
     * Royal Bank of Canada  RY.TO : TD Securities raises target price to C$165 from C$150 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Alimentation Couche-Tard Inc  ATDb.TO : National Bank of Canada cuts to sector perform from outperform 
     * Bank of Montreal  BMO.TO : TD Securities raises target price to C$170 from C$160 
     * Canadian Imperial Bank of Commerce  CM.TO : TD Securities raises PT to C$180 from C$165 
     * Canadian Western Bank  CWB.TO : TD Securities raises target price to C$47 from C$43 
     * Enbridge Inc  ENB.TO : Raymond James raises target price to C$54.50 from C$53 
     * H2O Innovation Inc  HEO.V : Canaccord Genuity cuts target price to C$3.25 from C$3.75 
     * Kinross Gold Corp  K.TO : National Bank of Canada cuts target to C$12.50 from C$13.50 
     * Laurentian Bank of Canada  LB.TO : TD Securities raises target price to C$50 from C$46 
     * Mainstreet Equity Corp  MEQ.TO : TD Securities raises target price to C$140 from C$130 
     * National Bank of Canada  NA.TO : TD Securities raises target price to C$110 from C$105 
     * Royal Bank of Canada  RY.TO : TD Securities raises target price to C$165 from C$150 
     * Scotiabank  BNS.TO : TD Securities raises target price to C$100 from C$94 
    

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