Canada Research Roundup: Bank of Montreal, National Bank of Canada, Scotiabank

Parex Resources

14/02/2024 07:19

Feb 14 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including the Bank of Montreal, National Bank of Canada and Scotiabank on Wednesday.
    
    HIGHLIGHTS 
                 * Bank of Montreal  BMO.TO : CIBC raises target price to C$126 from C$117 
 
                 * National Bank of Canada  NA.TO : CIBC raises target price to C$108 from C$102 
 
                 * Scotiabank  BNS.TO : CIBC raises target price to C$63 from C$58 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries
are in alphabetical order. 
    
                 * Bank of Montreal  BMO.TO : CIBC raises target price to C$126 from C$117 
 
                 * Canadian Western Bank  CWB.TO : CIBC raises target price to C$34 from C$32 
 
                 * Dye & Durham Ltd  DND.TO : CIBC cuts target price to C$21 from C$21.50 
 
                 * Hydro One Ltd  H.TO : TD Securities raises target price to C$39 from C$37 
 
                 * Laurentian Bank of Canada  LB.TO : CIBC raises target price to C$33 from C$32 
 
                 * National Bank of Canada  NA.TO : CIBC raises target price to C$108 from C$102 
 
                 * Parex Resources Inc  PXT.TO : Scotiabank cuts target price to C$28 from C$31 
 
                 * Royal Bank of Canada  RY.TO : CIBC raises target price to C$141 from C$128 
 
                 * Scotiabank  BNS.TO : CIBC raises target price to C$63 from C$58 
 
                 * Shopify Inc  SHOP.TO : Atb Capital Markets raises target price to C$110 from C$105 
 
                 * TD Bank Group  TD.TO : CIBC raises target price to C$88 from C$84 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))