Canada Research Roundup: Bird Construction, Stantec, Terravest Industries

Stantec

08/07/2026 09:11

July 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Bird Construction, Stantec and Terravest Industries, on Wednesday.     
   
     HIGHLIGHTS  

* Bird Construction Inc BDT.TO: CIBC raises target price to C$71 from C$65 
* Stantec Inc STN.TO: CIBC cuts target price to C$137 from C$160  
* Terravest Industries Inc TVK.TO: CIBC cuts target price to C$130 from C$170

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: BMO raises target price to C$30 from C$26 
* Badger Infrastructure Solutions Ltd BDGI.TO: CIBC raises PT to C$104 from C$85 
* Bird Construction Inc BDT.TO: CIBC raises target price to C$71 from C$65 
* Bombardier BBDb.TO: National Bank of Canada raises target price to C$349 from C$296 
* First Quantum Minerals Ltd FM.TO: Morgan Stanley cuts PT to C$45.2 from C$46.3 
* Stantec Inc STN.TO: CIBC cuts target price to C$137 from C$160  
* Terravest Industries Inc TVK.TO: CIBC cuts target price to C$130 from C$170
* Toromont Industries Ltd TIH.TO: CIBC raises target price to C$240 from C$215 
* Tecsys Inc TCS.TO: TD Cowen initiates coverage with buy rating; price target C$39 
* WSP Global Inc WSP.TO: CIBC cuts target price to C$266 from C$318 

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