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CANADA RESEARCH ROUNDUP-Bank of Montreal, Linamar Group, Wajax

ReutersMar 5, 2025 5:47 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Bank of Montreal, Linamar Group and Wajax on Wednesday.

HIGHLIGHTS

Bank of Montreal BMO.TO: CIBC cuts target price to C$152 from C$156

DRI Healthcare Trust DHT_u.TO: CIBC cuts target price to C$16 from C$18

Linamar Corp LNR.TO: CIBC cuts to neutral from outperformer

Martinrea International Inc MRE.TO: CIBC cuts to neutral from outperformer

Wajax Corp WJX.TO: Scotiabank cuts to sector perform from sector outperform

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

Bank of Montreal BMO.TO: Canaccord Genuity cuts target price to C$163 from C$165

Bank of Montreal BMO.TO: CIBC cuts target price to C$152 from C$156

Baytex Energy Corp BTE.TO: BMO cuts target price to C$4 from C$5

CIBC CM.TO: Canaccord Genuity cuts target price to C$93 from C$97

DRI Healthcare Trust DHT_u.TO: CIBC cuts target price to C$16 from C$18

Enbridge Inc ENB.TO: CIBC raises target price to C$67 from C$66

Illumin ILLM.TO: TD Cowen raises target price to C$4 from C$2.25

Illumin ILLM.TO: TD Cowen raises to buy from hold

Linamar Corp LNR.TO: CIBC cuts target price to C$55 from C$82

Linamar Corp LNR.TO: CIBC cuts to neutral from outperformer

Martinrea International Inc MRE.TO: CIBC cuts target price to C$9 from C$14

Martinrea International Inc MRE.TO: CIBC cuts to neutral from outperformer

National Bank of Canada NA.TO: Canaccord Genuity cuts target price to C$130 from C$136

National Bank of Canada NA.TO: CIBC cuts target price to C$127 from C$135

Pembina Pipeline Corp PPL.TO: UBS cuts target price to C$57 from C$62

Pet Valu Holdings Ltd PET.TO: Barclays raises target price to C$32 from C$27

Pet Valu Holdings Ltd PET.TO: CIBC raises target price to C$33 from C$29

Pet Valu Holdings Ltd PET.TO: Stifel raises target price to C$28.50 from C$27.50

RBC RY.TO: Canaccord Genuity cuts target price to C$191 from C$198

RBC RY.TO: CIBC cuts target price to C$167 from C$175

Scotiabank BNS.TO: Canaccord Genuity cuts target price to C$79 from C$82

Scotiabank BNS.TO: CIBC cuts target price to C$75 from C$81

TD Bank Group TD.TO: Canaccord Genuity cuts target price to C$96 from C$100

TD Bank Group TD.TO: CIBC cuts target price to C$95 from C$96

Wajax Corp WJX.TO: Scotiabank cuts target price to C$22 from C$24

Wajax Corp WJX.TO: Scotiabank cuts to sector perform from sector outperform

WSP Global Inc WSP.TO: UBS raises target price to C$285 from C$274

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