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CANADA RESEARCH ROUNDUP-Boyd, Nexus Industrial, Western Copper and Gold

ReutersJun 11, 2025 2:53 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Boyd Group Services ,Nexus Industrial and Western Copper and Gold on Wednesday.

HIGHLIGHTS

Boyd Group Services Inc BYD.TO: Stephens initiates coverage with overweight rating

Definity Financial DFY.TO: National Bank of Canada resumes coverage with outperform rating

Granite REIT GRT_u.TO: CIBC raises PT to C$85 from C$74

Nexus Industrial REIT NXR_u.TO: CIBC cuts to neutral from outperformer

Western Copper and Gold Corp WRN.TO: Stifel initiates coverage with buy rating

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

Boyd Group Services Inc BYD.TO: Stephens initiates coverage with target price C$240

Boyd Group Services Inc BYD.TO: Stephens initiates coverage with overweight rating

Definity Financial DFY.TO: National Bank of Canada resumes coverage with PT C$90

Definity Financial DFY.TO: National Bank of Canada resumes coverage with outperform rating

Definity Financial DFY.TO: Scotiabank raises target price to C$76 from C$65

Definity Financial DFY.TO: TD Cowen raises target price to C$78 from C$72

Empire Company Ltd EMPa.TO: RBC raises target price to C$56 from C$50

Granite REIT GRT_u.TO: CIBC raises PT to C$85 from C$74

Nexus Industrial REIT NXR_u.TO: CIBC cuts target price to C$7.50 from C$8.50

Nexus Industrial REIT NXR_u.TO: CIBC cuts to neutral from outperformer

Parkland Corp PKI.TO: JP Morgan cuts target price to C$41 from C$54

Parkland Corp PKI.TO: JP Morgan cuts to neutral from overweight

Western Copper and Gold Corp WRN.TO: Stifel initiates coverage with PT C$5.50

Western Copper and Gold Corp WRN.TO: Stifel initiates coverage with buy rating

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