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CANADA RESEARCH ROUNDUP-Bombardier, Canfor, Fortis

ReutersJul 22, 2025 6:00 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Bombardier, Canfor and Fortis on Tuesday.

HIGHLIGHTS

Bombardier BBDb.TO: TD Cowen cuts to hold from buy

Canfor Corp CFP.TO: Raymond James cuts to outperform from strong buy

Fortis Inc FTS.TO: Raymond James raises to outperform from market perform

Interfor Corp IFP.TO: Raymond James cuts to outperform from strong buy

West Fraser Timber Co Ltd WFG.N: Raymond James cuts to market perform from outperform

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

Act Energy Technologies Ltd ACX.TO: Raymond James initiates coverage with outperform rating

Act Energy Technologies Ltd ACX.TO: Raymond James initiates coverage with PT C$9

ADENTRA Inc ADEN.TO: CIBC raises target price to C$37 from C$34

Aecon Group Inc ARE.TO: BMO raises target price to C$22 from C$19

Air Canada AC.TO: Raymond James raises target price to C$27 from C$24

Atkinsréalis ATRL.TO: BMO raises target price to C$106 from C$94

Autocanada Inc ACQ.TO: RBC raises target price to C$27 from C$18

Bombardier BBDb.TO: TD Cowen cuts to hold from buy; raises PT to C$173 from C$151

Cameco Corp CCO.TO: Stifel raises target price to C$115 from C$105

Canfor Corp CFP.TO: Raymond James cuts target price to C$19 from C$22

Canfor Corp CFP.TO: Raymond James cuts to outperform from strong buy

CCL Industries Inc CCLb.TO: CIBC raises target price to C$93 from C$92

Element Fleet Management Corp EFN.TO: CIBC raises target price to C$38 from C$34

Finning International Inc FTT.TO: BMO raises target price to C$66 from C$57

Fortis Inc FTS.TO: Raymond James raises to outperform from market perform

Gibson Energy Inc GEI.TO: CIBC raises target price to C$27 from C$26

Interfor Corp IFP.TO: CIBC cuts target price to C$14 from C$16

Interfor Corp IFP.TO: Raymond James cuts target price to C$19 from C$22

Interfor Corp IFP.TO: Raymond James cuts to outperform from strong buy

Sprott Inc SII.TO: TD Cowen cuts to hold from buy; raises PT to C$100 from C$84

Stella-Jones Inc SJ.TO: CIBC raises target price to C$90 from C$85

Toromont Industries Ltd TIH.TO: BMO raises target price to C$140 from C$128

Wajax Corp WJX.TO: BMO raises target price to C$25 from C$22

West Fraser Timber Co Ltd WFG.TO: CIBC cuts target price to C$122 from C$142

Winpak Ltd WPK.TO: CIBC raises target price to C$53 from C$52

WSP Global Inc WSP.TO: BMO raises target price to C$312 from C$298

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