Canada Research Roundup: Bank of Montreal, Royal Bank of Canada, Toronto-Dominion Bank

Thinkific Labs

08/08/2022 08:27

Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Bank of Montreal, Royal Bank of Canada and Toronto-Dominion Bank,
on Monday. 
    
    HIGHLIGHTS    
    
     * Bank of Montreal  BMO.TO : KBW cuts target price to C$146 from C$160
     * Royal Bank of Canada  RY.TO : KBW cuts to underperform from market perform
     * Toronto-Dominion Bank  TD.TO : KBW cuts target price to C$86 from C$93
 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Bank of Montreal  BMO.TO : KBW cuts target price to C$146 from C$160
     * Canadian Imperial Bank of Commerce  CM.TO : KBW cuts target price to C$68 from C$76
     * Canadian Western Bank  CWB.TO : KBW cuts target price to C$34 from C$35
     * Heroux Devtek Inc  HRX.TO : National Bank of Canada cuts target price to C$23 from C$25
     * Laurentian Bank of Canada  LB.TO : KBW cuts target price to C$43 from C$44
     * National Bank of Canada  NA.TO : KBW cuts target price to C$98 from C$108
     * Parkland Corp  PKI.TO : Desjardins Securities cuts target price to C$44 from C$49
     * Power Corporation of Canada  POW.TO : National Bank of Canada cuts PT to C$39 from C$42
     * Premium Brands Holdings Corp  PBH.TO : National Bank of Canada cuts PT to C$134 from C$136
     * Royal Bank of Canada  RY.TO : KBW cuts target price to C$118 from C$132
     * Royal Bank of Canada  RY.TO : KBW cuts to underperform from market perform
     * Scotiabank  BNS.TO : KBW cuts target price to C$86 from C$97
     * Suncor Energy Inc  SU.TO : JP Morgan raises price target to C$63 from C$56
     * Suncor Energy Inc  SU.TO : National Bank of Canada cuts target price to C$63 from C$64
     * Thinkific Labs Inc  THNC.TO : Atb Capital Markets cuts target price to C$9 from C$10
     * Toronto-Dominion Bank  TD.TO : KBW cuts target price to C$86 from C$93
     * Uni-Select Inc  UNS.TO : National Bank of Canada raises target price to C$43 from C$33.5
     * Uni-Select Inc  UNS.TO : TD Securities raises target price to C$44 from C$43
    

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