Canada Research Roundup: Greenfire Resources, Manulife Financial, WSP Global

Manulife Financial

06/08/2026 12:10

Aug 6 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Greenfire Resources, Manulife Financial and WSP Global on Thursday.
       
 HIGHLIGHTS     
* Greenfire Resources Ltd. GFR.TO: BMO raises to outperfrom from market perform 
* Manulife Financial MFC.TO: Barclays raises target price to C$59 from C$56 
* WSP Global Inc WSP.TO: BMO raises target price to C$280 from C$272 
     
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in alphabetical order.
       
* Greenfire Resources Ltd. GFR.TO: BMO raises target price to C$11.5 from C$9 
* Greenfire Resources Ltd. GFR.TO: BMO raises to outperform from market perform 
* IA Financial Corporation Inc IAG.TO: BMO raises target price to C$225 from C$215 
* IA Financial Corporation Inc IAG.TO: CIBC raises target price to C$220 from C$208 
* Ia Financial Corporation Inc IAG.TO: RBC raises target price to C$213 from C$167 
* Manulife Financial MFC.TO: Barclays raises target price to C$59 from C$56 
* Propel Holdings Inc PRL.TO: Raymond James raises target price to C$38 from C$31
* Propel Holdings Inc PRL.TO: Raymond James raises to strong buy from outperform
* Shopify Inc. SHOP.TO: Atb Cormark Capital Markets raises PT to C$260 from C$240 
* Sprott Inc SII.TO: Canaccord Genuity cuts target price to C$183 from C$230 
* Suncor Energy Inc (Canada) SU.TO: Raymond James raises PT to C$109 from C$103 
 * Tecsys Inc TCS.TO: Canaccord Genuity initiates coverage with buy rating; PT C$46 
* WSP Global Inc WSP.TO: BMO raises target price to C$280 from C$272 

(Compiled by Bengaluru Newsroom)
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