Canada Research Roundup: Bank of Montreal, Cabral Gold, Scotiabank

The Bank of Nova Scotia

26/08/2026 14:18

Aug 26 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bank of Montreal, Cabral Gold  and Scotiabank on Wednesday.
     
HIGHLIGHTS  
* Bank of Montreal BMO.TO: RBC raises target price to C$241 from C$230 
* Cabral Gold Inc CBR.V: Stifel initiates coverage with buy rating
* Scotiabank BNS.TO: National Bank of Canada raises to outperform from sector perform
     
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
   
   
* Bank of Montreal BMO.TO: BofA Global Research raises PT to C$262 from C$259 
* Bank of Montreal BMO.TO: RBC raises target price to C$241 from C$230 
* Bank of Montreal BMO.TO: Scotiabank raises target price to C$270 from C$268 
* Cabral Gold Inc CBR.V: Stifel initiates coverage with buy rating
* Cabral Gold Inc CBR.V: Stifel initiates coverage with target price C$1.7 
* Scotiabank BNS.TO: BofA Global Research raises target price to C$134 from C$131 
* Scotiabank BNS.TO: KBW raises target price to C$152 from C$148 
* Scotiabank BNS.TO: National Bank of Canada raises target price to C$142 from C$128 
* Scotiabank BNS.TO: National Bank of Canada raises to outperform from sector perform
* Scotiabank BNS.TO: Raymond James raises target price to C$139 from C$137 
* Scotiabank BNS.TO: RBC raises target price to C$129 from C$117 
* Scotiabank BNS.TO: TD Cowen raises target price to C$141 from C$124 
* Scotiabank BNS.TO: TD Cowen raises to buy from hold
* Teck Resources Ltd TECKb.TO: Raymond James raises target price to C$105 from C$93 

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