Canada Research Roundup: Altagas, IGM Financial, Power Corporation of Canada

West Fraser Timber

31/07/2026 08:49

July 31 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Altagas, IGM Financial and Power Corporation of Canada on Friday.
       
 HIGHLIGHTS           
* Altagas Ltd ALA.TO: CIBC raises target price to C$60 from C$59 
* Bombardier BBDb.TO: TD Cowen raises target price to C$320 from C$306 
* IGM Financial Inc IGM.TO: RBC raises target price to C$89 from C$80 
* Power Corporation of Canada POW.TO: TD Cowen raises PT to C$101 from C$84 
* TCP Energy TRP.TO: Barclays raises target price to C$102 from C$100 

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

* AG Growth International Inc AFN.TO: CIBC cuts target price to C$19 from C$23 
* AG Growth International Inc AFN.TO: RBC cuts target price to C$20 from C$30 
* Altagas Ltd ALA.TO: BMO raises target price to C$59 from C$54 
* Altagas Ltd ALA.TO: CIBC raises target price to C$60 from C$59 
* Altagas Ltd ALA.TO: TD Cowen raises target price to C$60 from C$55 
* Badger Infrastructure Solutions Ltd BDGI.TO: Raymond James raises target price to C$105 from C$98 
* Bombardier BBDb.TO: BMO raises target price to C$375 from C$350
* Bombardier BBDb.TO: TD Cowen raises target price to C$320 from C$306 
* Canfor Corp CFP.TO: CIBC raises target price to C$16 from C$15 
* Capstone Copper Corp CS.TO: CIBC raises target price to C$17 from C$16 
* Definity Financial Corp DFY.TO: Raymond James raises target price to C$85 from C$80 
* Definity Financial Corp DFY.TO: TD Cowen raises target price to C$93 from C$89 
* IGM Financial Inc IGM.TO: BMO raises target price to C$83 from C$80 
* IGM Financial Inc IGM.TO: CIBC raises target price to C$92 from C$85 
* IGM Financial Inc IGM.TO: RBC raises target price to C$89 from C$80 
* Loblaw Companies Ltd L.TO: Scotiabank raises target price to C$67 from C$64 
* Loblaw Companies Ltd L.TO: UBS raises target price to C$76 from C$73 
* Panoro Minerals Ltd PML.V: Raymond James initiates coverage with price target C$4.25 
* Panoro Minerals Ltd PML.V: Raymond James initiates coverage with outperform rating
* Power Corporation of Canada POW.TO: BMO raises target price to C$95 from C$80 
* Power Corporation of Canada POW.TO: TD Cowen raises PT to C$101 from C$84 
* Primaris REIT PMZ_u.TO: Raymond James cuts to outperform from strong buy 
* Primaris REIT PMZ_u.TO: Scotiabank raises target price to C$24 from C$22 
* TCP Energy TRP.TO: Barclays raises target price to C$102 from C$100 
* West Fraser Timber Co Ltd WFG.TO: CIBC cuts target price to C$97 from C$100 

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