Canada Research Roundup: Bank of Montreal, RBC, Wesdome Gold Mines

Toronto-Dominion Bank

01/06/2026 12:18

June 1 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bank of Montreal, RBC and Wesdome Gold Mines on Monday.
     
HIGHLIGHTS    
 
* Bank of Montreal BMO.TO: Scotiabank raises to sector outperform from sector perform
* NFI Group Inc NFI.TO: Canaccord Genuity initiates coverage with price target C$29
* RBC RY.TO: Scotiabank raises target price to C$275 from C$252 
* Storagevault Canada Inc SVI.TO: Raymond James raises to strong buy from outperform
* Wesdome Gold Mines Ltd WDO.TO: Canaccord Genuity raises to buy from hold
  
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: Scotiabank raises target price to C$234 from C$209 
* Bank of Montreal BMO.TO: Scotiabank raises to sector outperform from sector perform
* Bitcoin Treasury Corp BTCT.V: Canaccord Genuity resumes coverage with target price C$7 
* Bitcoin Treasury Corp BTCT.V: Canaccord Genuity resumes coverage with speculative buy rating
* Canadian Imperial Bank of Commerce CM.TO: Barclays raises PT to C$144 from C$141 
* CIBC CM.TO: Scotiabank cuts target price to C$155 from C$159 
* CIBC CM.TO: Scotiabank cuts to sector perform from sector outperform
* NFI Group Inc NFI.TO: Canaccord Genuity initiates coverage with price target C$29
* NFI Group Inc NFI.TO: Canaccord Genuity initiates coverage with buy rating
* RBC RY.TO: Scotiabank raises target price to C$275 from C$252 
* Storagevault Canada Inc SVI.TO: Raymond James cuts target price to C$5.25 from C$5.5 
* Storagevault Canada Inc SVI.TO: Raymond James raises to strong buy from outperform
* TD Bank Group TD.TO: Scotiabank raises target price to C$165 from C$150 
* Wesdome Gold Mines Ltd WDO.TO: Canaccord Genuity raises target price to C$31 from C$30 
* Wesdome Gold Mines Ltd WDO.TO: Canaccord Genuity raises to buy from hold

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