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CANADA RESEARCH ROUNDUP-Cameco, ERO Copper, Thomson Reuters

ReutersMay 6, 2026 2:17 PM
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- Securities analysts revised their ratings and price targets on several Canadian companies including Cameco, ERO Copper and Thomson Reuters, on Wednesday.

HIGHLIGHTS

Cameco Corp CCO.TO: Canaccord Genuity raises target price to C$195 from C$185

ERO Copper Corp ERO.TO: National Bank of Canada ups to outperform from sector perform

Intact Financial IFC.TO: Barclays raises target price to C$327 from C$322

Russel Metals Inc RUS.TO: BMO raises target price to C$56 from C$51

Thomson Reuters Corp TRI.TO: TD Cowen raises target price to C$185 from C$175

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

Cameco Corp CCO.TO: Canaccord Genuity raises target price to C$195 from C$185

Cargojet Inc CJT.TO: BMO cuts target price to C$85 from C$94

ERO Copper Corp ERO.TO: National Bank of Canada ups to outperform from sector perform

Fuerte Metals Corp FMT.V: CIBC initiates coverage with target price C$16

Fuerte Metals Corp FMT.V: CIBC initiates coverage with outperformer rating

IA Financial Corporation Inc IAG.TO: TD Cowen cuts target price to C$190 from C$193

IA Financial Corporation Inc IAG.TO: TD Cowen cuts to hold from buy

Intact Financial IFC.TO: Barclays raises target price to C$327 from C$322

Intact Financial Corp IFC.TO: TD Cowen cuts target price to C$347 from C$354

Kinaxis Inc KXS.TO: Stifel cuts target price to C$200 from C$245

Lumine Group Inc LMN.V: RBC cuts target price to C$35 from C$42

Russel Metals Inc RUS.TO: BMO raises target price to C$56 from C$51

Thesis Gold and Silver Inc TAU.V: CIBC initiates coverage with outperformer rating

Thesis Gold and Silver Inc TAU.V: CIBC initiates coverage with target price C$6

Thomson Reuters Corp TRI.TO: TD Cowen raises target price to C$185 from C$175

Topicus.Com Inc TOI.V: TD Cowen raises target price to C$145 from C$140

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