Canada Research Roundup: Advantage Energy, Birchcliff Energy, Onex Corporation

Pembina Pipeline

23/10/2026 08:43

Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Advantage Energy, Birchcliff Energy and Onex Corporation, on Friday.
     
HIGHLIGHTS   
     
* Advantage Energy Ltd. AAV.TO: Ventum Financial initiates coverage with buy rating
* Birchcliff Energy Ltd. BIR.TO: Ventum Financial initiates coverage with neutral rating 
* Mullen Group Ltd. MTL.TO: CIBC raises target price to C$34.00 from C$29.00 
* Onex Corporation ONEX.TO: CIBC raises target price to C$140.00 from C$137.00 
* Pembina Pipeline Corporation PPL.TO: Jefferies raises PT to C$71 from C$70 
     
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
       

* Advantage Energy Ltd. AAV.TO: Ventum Financial initiates coverage with buy rating
* Advantage Energy Ltd. AAV.TO: Ventum Financial initiates coverage with PT C$13.5 
* Altagas Ltd. ALA.TO: Jefferies raises target price to C$64 from C$63 
* Birchcliff Energy Ltd. BIR.TO: Ventum Financial initiates coverage with neutral rating
* Birchcliff Energy Ltd. BIR.TO: Ventum Financial initiates coverage with PT C$8 
* Canada Packers Inc CPKR.TO: TD Cowen cuts target price to C$17 from C$24 
* Fiera Capital Corporation FSZ.TO: CIBC cuts target price to C$3.50 from C$5.00 
* Founders Metals Inc FDR.V: CIBC initiates coverage with outperformer rating
* Founders Metals Inc FDR.V: CIBC initiates coverage with price target C$12 
* Gibson Energy Inc. GEI.TO: ATB Cormark Capital Markets raises PT to C$37 from C$35 
* Gibson Energy Inc. GEI.TO: Jefferies raises target price to C$34 from C$32 
* IGM Financial Inc IGM.TO: CIBC cuts target price to C$86.00 from C$92.00 
* IGM Financial Inc IGM.TO: Jefferies raises target price to C$91 from C$83 
* Keyera Corp KEY.TO: Jefferies cuts target price to C$64 from C$66 
* Lassonde Industries Inc.LASa.TO: National Bank of Canada raises PT to C$264 from C$257 
* Maple Leaf Foods Inc. MFI.TO: TD Cowen cuts target price to C$36 from C$42 
* Mullen Group Ltd. MTL.TO: BMO raises target price to C$36 from C$32 
* Mullen Group Ltd. MTL.TO: CIBC raises target price to C$34.00 from C$29.00 
* Mullen Group Ltd. MTL.TO: National Bank of Canada raises PT to C$36 from C$31 
* Mullen Group Ltd. MTL.TO: RBC raises target price to C$35 from C$32 
* Mullen Group Ltd. MTL.TO: Scotiabank raises target price to C$33 from C$30 
* Mullen Group Ltd. MTL.TO: TD Cowen raises target price to C$36 from C$32 
* Onex Corporation ONEX.TO: CIBC raises target price to C$140.00 from C$137.00 
* Onex Corporation ONEX.TO: CIBC raises to outperformer from neutral
* Pembina Pipeline Corporation PPL.TO: ATB Cormark Capital Markets raises PT to C$79 from C$77 
* Pembina Pipeline Corporation PPL.TO: Jefferies raises PT to C$71 from C$70 
* Peyto Exploration & Development Corp.PEY.TO:Ventum Financial initiates coverage with buy rating
* Peyto Exploration & Development Corp.PEY.TO:Ventum Financial initiates coverage with PT C$31 
* Premium Brands Holdings Corporation PBH.TO: National Bank of Canada cuts target price to C$93 from C$98 
* Premium Brands Holdings Corporation PBH.TO: TD Cowen cuts PT to C$120 from C$130 
* Storagevault Canada Inc SVI.TO: BMO cuts target price to C$5.5 from C$6 
* Storagevault Canada Inc SVI.TO: CIBC cuts target price to C$5.25 from C$5.50 
* Tidewater Midstream and Infrastructure Ltd TWM.TO: ATB Cormark Capital Markets ups PT to C$28 from C$26 
* Tidewater Renewables Ltd LCFS.TO: ATB Cormark Capital Markets raises target price to C$21 from C$19 

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