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CANADA RESEARCH ROUNDUP-Canadian Pacific Kansas, Mullen Group, Thomson Reuters

ReutersJul 10, 2025 2:53 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Canadian Pacific Kansas, Mullen Group and Thomson Reuters on Thursday.

HIGHLIGHTS

* Canadian Pacific Kansas City CP.TO: Scotiabank raises PT to C$120 from C$115

* Groupe Dynamite Inc GRGD.TO: BMO raises target price to C$33 from C$28

* Lundin Mining Corp LUN.TO: JP Morgan cuts to neutral from overweight

* Mullen Group Ltd MTL.TO: Scotiabank cuts to sector perform from sector outperform

* Thomson Reuters Corp TRI.TO: National Bank of Canada raises PT to C$300 from C$286

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

* Aritzia Inc ATZ.TO: BMO raises target price to C$84 from C$80

* Canadian Pacific Kansas City CP.TO: Scotiabank raises PT to C$120 from C$115

* Capital Power Corp CPX.TO: CIBC raises target price to C$72 from C$66

* Groupe Dynamite Inc GRGD.TO: BMO raises target price to C$33 from C$28

* Lundin Mining Corp LUN.TO: JP Morgan cuts to neutral from overweight

* Lundin Mining Corp LUN.TO: JP Morgan raises target price to C$15.6 from C$15.3

* Mullen Group Ltd MTL.TO: Scotiabank cuts target price to C$16 from C$16.5

* Mullen Group Ltd MTL.TO: Scotiabank cuts to sector perform from sector outperform

* Sandstorm Gold Ltd SSL.TO: TD Cowen cuts to sell from buy

* TFI International Inc TFII.TO: Scotiabank cuts target price to C$140 from C$145

* TFI International Inc TFII.TO: Scotiabank cuts to sector perform from sector outperform

* Thomson Reuters Corp TRI.TO: National Bank of Canada raises PT to C$300 from C$286

* TMX Group X.TO: Barclays raises target price to C$58 from C$56

* Transalta Corp TA.TO: CIBC raises target price to C$20 from C$18.50

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