Canada Research Roundup: Choice Properties, Mullen Group, Tourmaline Oil

Teck Resources

24/07/2026 12:36

July 24 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, Choice Properties, Mullen Group and Tourmaline Oil on Friday.
       
 HIGHLIGHTS  
         
* Choice Properties REIT CHP_u.TO: BMO raises target price to C$17 from C$16.50 
* Mullen Group Ltd MTL.TO: Scotiabank raises target price to C$29 from C$24 
* Tourmaline Oil TOU.TO: Jefferies raises target price to C$74 from C$72 

    
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
   
* Choice Properties REIT CHP_u.TO: BMO raises target price to C$17 from C$16.50 
* Mullen Group Ltd MTL.TO: BMO raises target price to C$32 from C$25 
* Mullen Group Ltd MTL.TO: Raymond James raises target price to C$25 from C$18 
* Mullen Group Ltd MTL.TO: RBC raises target price to C$30 from C$23 
* Mullen Group Ltd MTL.TO: Scotiabank raises target price to C$29 from C$24 
* Teck Resources Ltd TECKb.TO: Canaccord Genuity cuts target price to C$81 from C$84 
* Teck Resources Ltd TECKb.TO: Raymond James raises target price to C$93 from C$90 
* Teck Resources Ltd TECKb.TO: Raymond James raises to outperform from market perform
* Tourmaline Oil TOU.TO: Jefferies raises target price to C$74 from C$72 

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