Canada Research Roundup: Lunr Royalties, Roots, Scotiabank

Northisle Copper and Gold

21/08/2026 09:26

    Aug 21 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Lunr Royalties Corp, Roots Corp and Scotiabank, on Friday.
     
    HIGHLIGHTS  
      
     * Lunr Royalties Corp.  LUNR.TO : Jefferies initiates coverage with buy rating
     * Toronto-Dominion Bank  TD.TO : Barclays raises target price to C$164 from C$140
     * Royal Bank of Canada  RY.TO : Barclays raises target price to C$300 from C$260
     * Roots Corp  ROOT.TO : TD Cowen cuts to sell from hold
     * Scotiabank  BNS.TO : KBW resumes coverage with outperform rating
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
    
     * Bank of Montreal  BMO.TO : Barclays raises target price to C$240 from C$203
     * Bank of Montreal  BMO.TO : KBW resumes coverage with outperform rating; PT C$295
     * Bank of Nova Scotia  BNS.TO : Barclays raises target price to C$130 from C$110
     * BlackRock Silver Corp  BRC.V : Canaccord Genuity initiates coverage with speculative buy rating; target price C$2.1
     * Canadian Imperial Bank of Commerce  CM.TO : Barclays raises PT to C$170 from C$144
     * CIBC  CM.TO : KBW resumes coverage with market perform rating; target price C$186
     * Lunr Royalties Corp.  LUNR.TO : Jefferies initiates coverage with buy rating; PT C$24
     * National Bank of Canada  NA.TO : Barclays raises target price to C$220 from C$188
     * Northisle Copper and Gold Inc  NCX.V : CIBC initiates coverage with outperformer rating
     * Northisle Copper and Gold Inc  NCX.V : CIBC initiates coverage with PT C$7
     * RBC  RY.TO : KBW resumes coverage with market perform rating; target price C$316
     * Roots Corp  ROOT.TO : TD Cowen cuts to sell from hold; cuts PT to C$4.1 from C$4.5
     * Royal Bank of Canada  RY.TO : Barclays raises target price to C$300 from C$260
     * Scotiabank  BNS.TO : KBW resumes coverage with outperform rating; target price C$148
     * TD Bank Group  TD.TO : KBW resumes coverage with market perform rating; PT C$180
     * Toronto-Dominion Bank  TD.TO : Barclays raises target price to C$164 from C$140
     * Wesdome Gold Mines Ltd  WDO.TO : CIBC raises target price to C$35 from C$32
 
 (Compiled by Bengaluru Newsroom)
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