Canada Research Roundup: Bank of Montreal, Hammond Power Solutions, Scotiabank

National Bank of Canada

28/05/2026 08:32

May 28 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bank of Montreal, Hammond Power Solutions and Scotiabank on Thursday.
     
HIGHLIGHTS    
 
* Bank of Montreal BMO.TO: Jefferies raises target price to C$213 from C$196 
* Capitan Silver Corp CAPT.V: Stifel initiates coverage with speculative buy rating
* Hammond Power Solutions Inc HPSa.TO: JP Morgan initiates coverage with PT C$430 
* Northisle Copper and Gold Inc NCX.V: Ventum Financial resumes coverage with buy rating
* Scotiabank BNS.TO: CIBC raises target price to C$122 from C$116 
  
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in alphabetical order. 

* Bank of Montreal BMO.TO: Barclays raises target price to C$203 from C$199 
    * Bank of Montreal BMO.TO: BofA Global Research raises PT to C$230 from C$224
* Bank of Montreal BMO.TO: Canaccord Genuity raises target price to C$240 from C$230 
* Bank of Montreal BMO.TO: CIBC raises target price to C$244 from C$226 
* Bank of Montreal BMO.TO: Jefferies raises target price to C$213 from C$196 
    * Bank of Montreal BMO.TO: Raymond James raises target price to C$233.5 from C$227
* Bank of Montreal BMO.TO: RBC raises target price to C$230 from C$205 
* Bank of Nova Scotia BNS.TO: Barclays raises target price to C$110 from C$108 
* Capitan Silver Corp CAPT.V: Stifel initiates coverage with speculative buy rating
* Capitan Silver Corp CAPT.V: Stifel initiates coverage with target price C$3.75
* DMG Blockchain Solutions Inc DMGI.V: Canaccord Genuity resumes coverage with buy rating
* DMG Blockchain Solutions Inc DMGI.V: Canaccord Genuity resumes coverage with PT C$0.4 
* Hammond Power Solutions Inc HPSa.TO: JP Morgan initiates coverage with overweight rating
* Hammond Power Solutions Inc HPSa.TO: JP Morgan initiates coverage with PT C$430 
* King Copper Discovery Corp KCP.V: Stifel initiates coverage with speculative buy rating
* King Copper Discovery Corp KCP.V: Stifel initiates coverage with target price C$1.75
* National Bank of Canada NA.TO: Barclays raises target price to C$188 from C$183 
* National Bank of Canada NA.TO: Canaccord Genuity raises target price to C$204 from C$200 
* National Bank of Canada NA.TO: CIBC raises target price to C$221 from C$209 
    * National Bank of Canada NA.TO: Raymond James cuts target price to C$203 from C$206.5
* National Bank of Canada NA.TO: RBC raises target price to C$214 from C$180 
* Northisle Copper and Gold Inc NCX.V: Ventum Financial resumes coverage with buy rating
* Northisle Copper and Gold Inc NCX.V: Ventum Financial resumes coverage with target price C$5.5
* Scotiabank BNS.TO: BofA Global Research raises price objective to C$115 from C$114
* Scotiabank BNS.TO: Canaccord Genuity raises target price to C$112 from C$108 
* Scotiabank BNS.TO: CIBC raises target price to C$122 from C$116 
* Scotiabank BNS.TO: Raymond James raises target price to C$121 from C$120
* Scotiabank BNS.TO: RBC raises target price to C$117 from C$98 
* Skyharbour Resources Ltd SYH.V: Haywood Securities initiates coverage with buy rating
* Skyharbour Resources Ltd SYH.V: Haywood Securities initiates coverage with target price C$1


 (Compiled by Bengaluru Newsroom)
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