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CANADA RESEARCH ROUNDUP-Bank of Montreal, Dollarama, TFI International

ReutersApr 4, 2025 3:09 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Bank of Montreal, Dollarama and TFI International, on Friday.

HIGHLIGHTS

Bank of Montreal BMO.TO: CIBC cuts to neutral from outperformer

Dollarama Inc DOL.TO: Scotiabank raises target price to C$175 from C$150

National Bank of Canada NA.TO: CIBC cuts to underperformer from neutral

RBC RY.TO: CIBC raises to outperformer from neutral

TFI International TFII.TO: National Bank of Canada ups to outperform from sector perform

Following is a summary of research actions on Canadian companies reported by Reuters

on Friday. Stock entries are in alphabetical order.

Atco Ltd ACOx.TO: CIBC raises target price to C$62 from C$59

Bank of Montreal BMO.TO: CIBC cuts target price to C$141 from C$152

Bank of Montreal BMO.TO: CIBC cuts to neutral from outperformer

Barrick Gold Corp ABX.TO: Bernstein raises target price to C$45 from C$40

BRP Inc DOO.TO: Citigroup raises target price to C$52 from C$39

BRP Inc DOO.TO: Citigroup raises to neutral from sell

Calibre Mining Corp CXB.TO: Jefferies raises target price to C$3.5 from C$3

Calibre Mining Corp CXB.TO: Raymond James raises target price to C$4.00 from C$3.25

Canadian Utilities Ltd CU.TO: CIBC raises target price to C$40 from C$38

Centerra Gold Inc CG.TO: Raymond James raises target price to C$13.50 from C$12.00

D2L Inc DTOL.TO: BMO cuts target price to C$15 from C$20

D2L Inc DTOL.TO: Canaccord Genuity cuts target price to C$20 from C$22

D2L Inc DTOL.TO: Raymond James cuts target price to C$18 from C$20

D2L Inc DTOL.TO: RBC cuts target price to C$18 from C$22

D2L Inc DTOL.TO: Stifel cuts target price to C$20 from C$24

Dollarama Inc DOL.TO: Canaccord Genuity raises target price to C$168 from C$146

Dollarama Inc DOL.TO: CIBC raises target price to C$174 from C$145

Dollarama Inc DOL.TO: RBC raises target price to C$183 from C$159

Dollarama Inc DOL.TO: Scotiabank raises target price to C$175 from C$150

Dollarama Inc DOL.TO: Stifel raises target price to C$162 from C$140

Dollarama Inc DOL.TO: UBS raises target price to C$165 from C$147

Dundee Precious Metals Inc DPM.TO: Jefferies raises target price to C$23 from C$19

Dundee Precious Metals Inc DPM.TO: RBC raises target price to C$23 from C$21

Elemental Altus Royalties Corp ELE.V: Raymond James raises target price to C$2.25 from C$2.00

Emera Inc EMA.TO: CIBC raises target price to C$63 from C$59

Enbridge Inc ENB.TO: Citigroup initiates coverage with buy rating

Enbridge Inc ENB.TO: Citigroup initiates coverage with price target C$75

Endeavour Mining Plc EDV.TO: Jefferies raises target price to C$46 from C$45

ERO Copper Corp ERO.TO: Jefferies cuts target price to C$22 from C$25

ERO Copper Corp ERO.TO: Raymond James raises target price to C$28.00 from C$26.00

First Quantum Minerals Ltd FM.TO: Raymond James raises target price to C$21 from C$20

Fortis Inc FTS.TO: CIBC raises target price to C$68 from C$65

G Mining Ventures Corp GMIN.TO: Jefferies raises target price to C$24 from C$17

G Mining Ventures Corp GMIN.TO: RBC raises target price to C$23 from C$22

Hudbay Minerals Inc HBM.TO: Jefferies raises target price to C$17 from C$14

Hudbay Minerals Inc HBM.TO: Raymond James raises target price to C$17 from C$16

Hydro One Ltd H.TO: CIBC raises target price to C$49 from C$46

Integra Resources Corp ITR.V: Raymond James raises target price to C$3.75 from C$3.25

Ivanhoe Mines Ltd IVN.TO: Jefferies raises target price to C$24 from C$23

K92 Mining Inc KNT.TO: Raymond James raises target price to C$14.00 from C$12.00

K92 Mining Inc KNT.TO: RBC raises target price to C$15 from C$14

Lithium Royalty Corp LIRC.TO: Raymond James cuts target price to C$8.75 from C$9

Lundin Gold Inc LUG.TO: Jefferies raises target price to C$45 from C$36

Lundin Gold Inc LUG.TO: Raymond James raises target price to C$43.00 from C$32.00

Lundin Gold Inc LUG.TO: RBC raises target price to C$42 from C$37

Metro Inc MRU.TO: BMO raises target price to C$110 from C$96

Montage Gold Corp MAU.V: Raymond James raises target price to C$4.75 from C$3.50

National Bank of Canada NA.TO: CIBC cuts target price to C$115 from C$127

National Bank of Canada NA.TO: CIBC cuts to underperformer from neutral

Oceanagold Corp OGC.TO: Raymond James raises target price to C$6.50 from C$5.50

Orla Mining Ltd OLA.TO: RBC raises target price to C$15 from C$13

RBC RY.TO: CIBC raises target price to C$168 from C$167

RBC RY.TO: CIBC raises to outperformer from neutral

Skeena Resources Ltd SKE.TO: Raymond James raises target price to C$21.00 from C$18.50

Sprott Inc SII.TO: BMO raises target price to C$76 from C$75

TFI International TFII.TO: National Bank of Canada cuts PT to C$132 from C$178

TFI International TFII.TO: National Bank of Canada ups to outperform from sector perform

Torex Gold Resources Inc TXG.TO: Raymond James raises PT to C$47.00 from C$34.00

Torex Gold Resources Inc TXG.TO: RBC raises target price to C$45 from C$44

Triple Flag Precious Metals Corp TFPM.TO: Raymond James raises PT to C$33.50 from C$29.00

Wesdome Gold Mines Ltd WDO.TO: RBC raises target price to C$19 from C$17

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