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CANADA RESEARCH ROUNDUP-Allied Gold, Bank of Montreal, Innergex Renewable Energy

ReutersFeb 26, 2025 3:23 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Allied Gold , Bank of Montreal and Innergex Renewable Energy on Wednesday.

HIGHLIGHTS

Allied Gold Corp AAUC.TO: CIBC cuts to neutral from outperformer

Bank of Montreal BMO.TO: Canaccord Genuity raises target price to C$165 from C$154

Innergex Renewable Energy INE.TO: National Bank of Canada cuts to sector perform from outperform

Scotiabank BNS.TO: BMO cuts target price to C$79 from C$84

Stantec Inc STN.TO: Raymond James raises to outperform from market perform

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

Allied Gold Corp

Allied Gold Corp AAUC.TO: CIBC cuts to neutral from outperformer

Bank of Montreal BMO.TO: Canaccord Genuity raises target price to C$165 from C$154

Bank of Montreal BMO.TO: CIBC raises target price to C$156 from C$154

Bank of Montreal BMO.TO: Jefferies raises target price to C$155 from C$140

Bank of Montreal BMO.TO: TD Cowen raises target price to C$152 from C$145

Collective Mining Ltd CNL.TO: Ventum Financial raises target price to C$15.5 from C$9

Innergex Renewable Energy INE.TO: National Bank of Canada cuts PT to C$13.75 from C$16

Innergex Renewable Energy INE.TO: National Bank of Canada cuts to sector perform from outperform

Innergex Renewable Energy Inc INE.TO: Raymond James raises PT to C$13.75 from C$11.50

Innergex Renewable Energy Inc INE.TO: Raymond James cuts to market perform from outperform

Interrent REIT IIP_u.TO: Scotiabank cuts target price to C$12.25 from C$12.50

Interrent REIT IIP_u.TO: CIBC cuts target price to C$13.5 from C$15

Leon'S Furniture Ltd LNF.TO: Stifel cuts target price to C$27 from C$30

Maple Leaf Foods Inc MFI.TO: CIBC raises target price to C$32 from C$30

Orla Mining Ltd OLA.TO: CIBC raises target price to C$11.5 from C$11

Pet Valu Holdings Ltd PET.TO: CIBC cuts target price to C$29 from C$31

Scotiabank BNS.TO: BMO cuts target price to C$79 from C$84

Spin Master Corp TOY.TO: Stifel cuts target price to C$40 from C$45

Spin Master Corp TOY.TO: TD Cowen cuts target price to C$38 from C$46

Stantec Inc STN.TO: BMO raises target price to C$145 from C$138

Stantec Inc STN.TO: CIBC raises target price to C$139 from C$134

Stantec Inc STN.TO: Raymond James raises target price to C$140 from C$130

Stantec Inc STN.TO: Raymond James raises to outperform from market perform

Stantec Inc STN.TO: RBC raises target price to C$138 from C$128

Stantec Inc STN.TO: Scotiabank raises target price to C$141 from C$129

Stantec Inc STN.TO: Stifel raises target price to C$144 from C$135

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