Canada Research Roundup: BRP, EQB, Scotiabank

Royal Bank of Canada

19/08/2026 08:57

( )
    Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including BRP, EQB and Scotiabank, on Wednesday.
     
    HIGHLIGHTS  
      
 * Air Canada  AC.TO : Stifel raises target price to C$38
 from C$30 
 * BRP Inc.  DOO.TO : TD Cowen raises to buy from hold
 * EQB Inc.  EQB.TO : CIBC raises target price to C$165 from
 C$151
 * Scotiabank  BNS.TO : CIBC raises target price to C$136
 from C$122
 * Wesdome Gold Mines Ltd  WDO.TO : National Bank of Canada
 raises PT to C$40 from C$34.5 
     
    Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
      
 * Air Canada  AC.TO : Stifel raises target price to C$38
 from C$30 
 * Bank of Montreal  BMO.TO : CIBC cuts to neutral from
 outperformer
 * Bank of Montreal  BMO.TO : CIBC raises target price to
 C$272 from C$244 
 * BRP Inc.  DOO.TO : TD Cowen raises target price to C$106
 from C$92 
 * BRP Inc.  DOO.TO : TD Cowen raises to buy from hold
 * Cadillac Mines Corp  CADY.TO : CIBC initiates coverage
 with outperformer rating
 * Cadillac Mines Corp  CADY.TO : CIBC initiates coverage
 with target price C$13 
 * Cadillac Mines Corp  CADY.TO : Ventum Financial initiates
 coverage target price C$11 
 * Cadillac Mines Corp  CADY.TO : Ventum Financial initiates
 coverage with buy rating
 * Cerrado Gold Inc  CERT.V : H.C. Wainwright raises target
 price to C$3.9 from C$3.4
 * EQB Inc  EQB.TO : CIBC raises target price to C$165 from
 C$151
 * National Bank of Canada  NA.TO : CIBC raises target price
 to C$249 from C$221 
 * National Bank of Canada  NA.TO : CIBC raises to
 outperformer from neutral
 * RBC  RY.TO : CIBC raises target price to C$311 from
 C$279 
 * Scotiabank  BNS.TO : CIBC raises target price to C$136
 from C$122
 * TD Bank Group  TD.TO : CIBC raises target price to C$184
 from C$164 
 * Wesdome Gold Mines Ltd  WDO.TO : BMO raises target price
 to C$34 from C$30
 * Wesdome Gold Mines Ltd  WDO.TO : BMO cuts to market
 perform from outperform
 * Wesdome Gold Mines Ltd  WDO.TO : National Bank of Canada
 raises PT to C$40 from C$34.5 
 
(Compiled by Bengaluru Newsroom)
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