Canada Research Roundup: First Majestic Silver, Jamieson Wellness, Precision Drilling

TransAlta

24/03/2026 11:44

March 24 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including First Majestic Silver, Jamieson Wellness and Precision Drilling, on Tuesday.

HIGHLIGHTS

* First Majestic Silver Corp AG.TO: BMO raises to outperform from market perform
* Jamieson Wellness Inc JWEL.TO: CIBC initiates coverage with price target C$43
* Kelt Exploration Ltd KEL.TO: Ventum Financial initiates coverage with buy rating
* Precision Drilling Corp PD.TO: CIBC raises target price to C$150 from C$140
* Vitalhub Corp VHI.TO: Raymond James cuts target price to C$11 from C$15

Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.

* First Majestic Silver Corp AG.TO: BMO raises to outperform from market perform
* Foran Mining Corp FOM.TO: Scotiabank cuts to sector perform from sector outperform
* Foran Mining Corp FOM.TO: Scotiabank raises target price to C$6.6 from C$6
* Jamieson Wellness Inc JWEL.TO: CIBC initiates coverage with outperformer rating
* Jamieson Wellness Inc JWEL.TO: CIBC initiates coverage with price target C$43
* Kelt Exploration Ltd KEL.TO: Ventum Financial initiates coverage with buy rating
* Kelt Exploration Ltd KEL.TO: Ventum Financial initiates coverage with PT C$12.50
* Precision Drilling Corp PD.TO: CIBC raises target price to C$150 from C$140
* Slate Grocery REIT SGR_u.TO: BMO initiates coverage with market perform rating
* Slate Grocery REIT SGR_u.TO: BMO initiates coverage with target price $11
* Transalta Corp TA.TO: National Bank of Canada raises to outperform from sector perform
* Transcontinental Inc TCLa.TO: BMO adjusts PT to C$6.25 from C$27 to reflect payment of special dividend in relation with recent sales packaging business
* Transcontinental Inc TCLa.TO: TD Cowen adjusts target price to C$8 from C$28 to reflect special cash distribution in connection with recent sales packaging business
* Vitalhub Corp VHI.TO: Raymond James cuts target price to C$11 from C$15

 (Compiled by Bengaluru Newsroom)

 ((:Diaries@thomsonreuters.com))