Canada Research Roundup: Aritzia, Canadian Natural Resources, Imperial Oil

Tamarack Valley Energy

09/10/2026 07:41

Oct 9 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Aritzia, Canadian Natural Resources and Imperial Oil, on Friday. 

HIGHLIGHTS    

* Aritzia Inc. ATZ.TO: Canaccord Genuity raises target price to C$194 from C$189
* Atkinsréalis  ATRL.TO: Stifel raises target price to C$106 from C$102
* Badger Infrastructure Solutions BDGI.TO: Stifel cuts target to C$117 from C$118
* Canadian Natural Resources CNQ.TO: CIBC raises target price to C$80 from C$75
* Imperial Oil IMO.TO: CIBC raises target price to C$160 from C$150
  
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: CIBC cuts target price to C$12.50 from C$12.75
* Aecon Group Inc. ARE.TO: Stifel raises target price to C$66 from C$59
* Air Canada AC.TO: BMO cuts target price to C$35 from C$37
* Americas Gold and Silver USA.TO: National Bank of Canada initiates with outperform rating; PT C$11
* Andean Precious Metals APM.TO: National Bank of Canada initiates with outperform rating; PT C$10
* Aritzia Inc. ATZ.TO: Canaccord Genuity raises target price to C$194 from C$189
* Aritzia Inc. ATZ.TO: RBC raises target price to C$195 from C$191
* Aritzia Inc. ATZ.TO: TD Cowen cuts target price to C$175 from C$200
* Aritzia Inc. ATZ.TO: Ventum Financial raises target price to C$160 from C$146
* Aritzia Inc. ATZ.TO: UBS raises target price to C$228 from C$216
* Atkinsréalis ATRL.TO: Stifel raises target price to C$106 from C$102
* Avino Silver & Gold Mines ASM.TO: National Bank of Canada initiates with outperform rating; PT C$13
* Badger Infrastructure Solutions BDGI.TO: Stifel cuts target to C$117 from C$118
* Baytex Energy Corp. BTE.TO: CIBC raises target price to C$8.50 from C$7.50
* Birchcliff Energy Ltd. BIR.TO: CIBC cuts target price to C$7.25 from C$8.75
* Bird Construction Inc.  BDT.TO: Stifel raises target price to C$100 from C$87
* BlackRock Silver BRC.V: National Bank of Canada initiates with sector perform rating; PT C$1.7
* CAE Inc. CAE.TO: Barclays initiates with overweight rating and target price C$54
* Canadian Natural Resources CNQ.TO: CIBC raises target price to C$80 from C$75
* Cardinal Energy Ltd (Alberta) CJ.TO: CIBC raises target price to C$18 from C$15.25
* DPM Metals Inc. DPM.TO: Jefferies raises target price to C$74 from C$64
* Ero Copper Corp. ERO.TO: Jefferies raises target price to C$56 from C$48
* Firan Technology Group Corp FTG.TO: ATB Cormark Capital Markets raises PT to C$40 from C$30
* Firan Technology Group Corp  FTG.TO: Raymond James raises target to C$38 from C$30
* Freehold Royalties Ltd. FRU.TO: CIBC raises target price to C$18.25 from C$18
* G Mining Ventures Corp GMIN.TO: Jefferies raises target price to C$68 from C$60
* Hammond Power Solutions Inc. HPSa.TO: ATB Cormark Capital Markets raises PT to C$400 from C$350
* Headwater Exploration Inc HWX.TO: CIBC raises target price to C$17.50 from C$17.25
* Hudbay Minerals Inc. HBM.TO: ATB Cormark Capital Markets raises target price to C$40 from C$35
* Imperial Oil IMO.TO: CIBC raises target price to C$160 from C$150
* Kelt Exploration Ltd. KEL.TO: CIBC raises target price to C$14.25 from C$13
* Logan Energy Corp LGN.V: CIBC raises target price to C$1.50 from C$1.30
* Lunr Royalties LUNR.TO: National Bank of Canada initiates with outperform rating; PT C$26
* Orogen Royalties OGN.V: National Bank of Canada initiates with sector perform rating
* Paramount Resources Ltd. POU.TO: CIBC raises target price to C$36 from C$35
* Peyto Exploration & Development PEY.TO: CIBC cuts target to C$27 from C$28
* Prairiesky Royalty Ltd. PSK.TO: CIBC raises target price to C$36.25 from C$35
* Richelieu Hardware Ltd. RCH.TO: National Bank of Canada raises PT to C$39.5 from C$38.5
* Silverco Mining SICO.V: National Bank of Canada initiates with outperform rating; PT C$18
* Silvercorp Metals Inc SVM.TO: National Bank of Canada initiates with sector perform rating; PT C$21
* South Bow Corp. SOBO.TO: Barclays cuts target price to C$47 from C$49
* Spartan Delta Corp. SDE.TO: CIBC raises target price to C$19.50 from C$17
* Stantec Inc. STN.TO: Stifel cuts target price to C$113 from C$140
* Strathcona Resources Ltd SCR.TO: CIBC raises target price to C$48 from C$46
* Summit Royalties SUM.V: National Bank of Canada initiates with outperform rating; PT C$2.4
* Suncor Energy Inc (Canada) SU.TO: CIBC raises target price to C$115 from C$110
* Tamarack Valley Energy Ltd. TVE.TO: CIBC raises target price to C$17.50 from C$17.25
* Tenaz Energy Corp. TNZ.TO: CIBC raises target price to C$90 from C$80
* Topaz Energy Corp. TPZ.TO: CIBC raises target price to C$36 from C$35.25
* Vermilion Energy Inc. VET.TO: CIBC raises target price to C$23 from C$22
* Whitecap Resources Inc WCP.TO: CIBC raises target price to C$22 from C$20
      

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