Canada Research Roundup: Aritzia, Elemental Royalty, Manulife Financial

WSP Global

28/10/2026 08:08

Oct 28 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Aritzia, Elemental Royalty and Manulife Financial, on Wednesday.
       
 HIGHLIGHTS           
* Aritzia Inc. ATZ.TO: Ventum Financial raises target price to C$173 from C$160 
* CAE Inc CAE.TO: RBC raises target price to C$47 from C$46 
* Elemental Royalty ELE.TO: National Bank of Canada resumes coverage with outperform rating
* Manulife Financial Corporation MFC.TO: Scotiabank cuts to sector perform from sector outperform 
* Sun Life Financial Inc SLF.TO: Scotiabank raises target price to C$122 from C$118 

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

* Aritzia Inc ATZ.TO: TD Cowen raises target price to C$190 from C$175 
* Aritzia Inc ATZ.TO: Ventum Financial raises target price to C$173 from C$160 
* Badger Infrastructure Solutions Ltd BDGI.TO: TD Cowen raises PT to C$111 from C$110 
* BCE Inc BCE.TO: TD Cowen raises target price to C$44 from C$40 
* CAE Inc CAE.TO: RBC raises target price to C$47 from C$46 
* CCL Industries Inc CCLb.TO: National Bank of Canada ups  PT to C$115 from C$106 
* Element Fleet Management Corp. EFN.TO: Jefferies raises PT to C$40 from C$39 
* Elemental Royalty ELE.TO: National Bank of Canada resumes coverage with outperform rating
* Elemental Royalty ELE.TO: National Bank of Canada resumes coverage with PT C$38 
* Emera Inc EMA.TO: J.P. Morgan assumes coverage with PT C$74 
* Emera Inc EMA.TO: J.P. Morgan assumes coverage with neutral rating
* Fortis Inc FTS.TO: CIBC raises target price to C$81.00 from C$78.00 
* Fortis Inc FTS.TO: J.P. Morgan assumes coverage with price target C$77 
* Fortis Inc FTS.TO: J.P. Morgan assumes coverage with underweight rating
* iA Financial Corporation Inc IAG.TO: Scotiabank ups PT to C$225 from C$223 
* IGM Financial Inc IGM.TO: Scotiabank raises target price to C$88 from C$87 
* KBro Linen Inc KBL.TO: National Bank of Canada raises PT to C$56 from C$54 
* Manulife Financial MFC.TO: Scotiabank cuts to sector perform from sector outperform 
* NFI Group Inc NFI.TO: TD Cowen cuts target price to C$32 from C$33 
* Power Corporation of Canada POW.TO: Scotiabank raises PT to C$107.5 from C$107 
* Prairiesky Royalty Ltd PSK.TO: Raymond James raises PT to C$38 from C$37 
* Prairiesky Royalty Ltd PSK.TO: RBC raises target price to C$42 from C$39 
* Precision Drilling Corp(Calgary) PD.TO: BMO raises PT to C$170 from C$165 
* Sun Life Financial Inc SLF.TO: Scotiabank raises target price to C$122 from C$118 
* Sun Life Financial Inc SLF.TO: Scotiabank raises to sector outperform from sector perform
* Trican Well Service TCW.TO: ATB Cormark Capital Markets ups PT to C$8.5 from C$8
* WSP Global Inc WSP.TO: TD Cowen cuts target price to C$253 from C$255 

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