Canada Research Roundup: Aecon Group, Suncor Energy, Wellstar Technologies

WSP Global

15/10/2026 08:50

Oct 15 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Aecon Group, Suncor Energy and Wellstar Technologies, on Thursday.
     
HIGHLIGHTS  
      
* Aecon Group Inc. ARE.TO: RBC raises target price to C$53 from C$50 
* CES Energy Solutions Corp CEU.TO: Scotiabank raises target price to C$22.5 from C$22 
* Suncor Energy Inc SU.TO: Jefferies raises target price to C$111 from C$92 
* Terravest Industries Inc TVK.TO: Scotiabank raises target price to C$130 from C$129 
* Wellstar Technologies WSTR.V: Canaccord Genuity initiates coverage with speculative buy rating
     
The following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in alphabetical order.
     
* Adentra Inc ADEN.TO: Scotiabank cuts target price to C$43 from C$49 
* Advantage Energy Ltd. AAV.TO: TD Cowen cuts target price to C$14 from C$15 
* Aecon Group Inc. ARE.TO: RBC raises target price to C$53 from C$50 
* Air Canada AC.TO: National Bank of Canada cuts target price to C$37 from C$40 
* Alimentation Couche-Tard Inc ATD.TO: RBC cuts target price to C$109 from C$111 
* Atkinsréalis ATRL.TO: Scotiabank raises target price to C$114 from C$105 
* ATS Corporation ATS.TO: Scotiabank cuts target price to C$29 from C$31 
* Baytex Energy Corp. BTE.TO: TD Cowen raises target price to C$8 from C$7 
* Boyd Group Services Inc BYD.TO: Scotiabank cuts target price to C$175 from C$210 
* BRP Inc. DOO.TO: Scotiabank cuts target price to C$87 from C$92 
* Canadian National Railway CNR.TO: ATB Cormark Capital Markets ups PT to C$190 from C$185 
* Canadian Natural Resources Ltd CNQ.TO: TD Cowen raises target to C$82 from C$73 
* Canadian Pacific Kansas City CP.TO: ATB Cormark Capital Markets ups PT to C$146 from C$143 
* Cenovus Energy Incorporation CVE.TO: TD Cowen raises target price to C$55 from C$50
* CES Energy Solutions Corp CEU.TO: Scotiabank raises target price to C$22.5 from C$22 
* Dexterra Group Inc DXT.TO: Scotiabank raises target price to C$15.5 from C$14.5 
* Great-West Lifeco Inc GWO.TO: TD Cowen cuts target price to C$102 from C$106 
* iA Financial Corporation Inc IAG.TO: TD Cowen raises target price to C$219 from C$218 
* Imperial Oil IMO.TO: JP Morgan cuts target price to C$167 from C$173 
* Imperial Oil IMO.TO: TD Cowen raises target price to C$158 from C$151 
* International Petroleum Corporation IPCO.TO: TD Cowen raises PT to C$40 from C$38 
* Kelt Exploration Ltd. KEL.TO: TD Cowen raises target price to C$13 from C$12
* Linamar Corporation LNR.TO: Scotiabank cuts target price to C$111 from C$114 
* Logan Energy Corp LGN.V: TD Cowen raises target price to C$1.50 from C$1.25 
* Luca Mining Corp LUCA.V: Haywood Securities raises target price to C$3.75 from C$3.25
* Luca Mining Corp LUCA.V: Stifel cuts target price to C$2.75 from C$3.25 
* Manulife Financial Corporation MFC.TO: TD Cowen raises target price to C$69 from C$67 
* Prairiesky Royalty Ltd. PSK.TO: TD Cowen raises target price to C$39 from C$38 
* Primaris REITPMZ_u.TO: ATB Cormark Capital Markets initiates with target price C$26.5
* Primaris REITPMZ_u.TO: ATB Cormark Capital Markets initiates with outperform rating
* Sigma Lithium Corporation SGML.V: Canaccord Genuity cuts PT to C$26 from C$31.5 
* Stantec Inc. STN.TO: Scotiabank cuts target price to C$124 from C$129 
* Stella-Jones Inc. SJ.TO: Scotiabank cuts target price to C$79 from C$85 
* Strathcona Resources Ltd SCR.TO: TD Cowen raises target price to C$52 from C$47 
* Sun Life Financial Inc SLF.TO: TD Cowen cuts target price to C$123 from C$124 
* Suncor Energy Inc SU.TO: TD Cowen raises target price to C$125 from C$116 
* Suncor Energy Inc SU.TO: Jefferies raises target price to C$111 from C$92 
* Terravest Industries Inc TVK.TO: Scotiabank raises target price to C$130 from C$129 
* Tourmaline Oil TOU.TO: TD Cowen raises target price to C$67 from C$66 
* Vermilion Energy Inc. VET.TO: TD Cowen raises target price to C$22 from C$19 
* Volatus Aerospace Inc FLT.TO: Ventum Financial raises target price to C$1 from C$0.95 
* Wajax Corp WJX.TO: Scotiabank raises target price to C$38 from C$36 
* Wellstar Technologies WSTR.V: Canaccord Genuity initiates coverage with speculative buy rating
* Wellstar Technologies WSTR.V: Canaccord Genuity initiates coverage with PT C$8.5 
* Whitecap Resources Inc WCP.TO: TD Cowen raises target price to C$23 from C$21 
* WSP Global Inc WSP.TO: RBC cuts target price to C$290 from C$303 
* WSP Global Inc WSP.TO: Scotiabank cuts target price to C$264 from C$274 

 (Compiled by Bengaluru Newsroom)
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