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CANADA RESEARCH ROUNDUP-Boyd Group Services, Fortis , Transalta

ReutersApr 24, 2025 3:14 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Boyd Group Services, Fortis and Transalta on Thursday.

HIGHLIGHTS

Boyd Group Services Inc BYD.TO: CIBC cuts target price to C$278 from C$286

Fortis Inc FTS.TO: CIBC raises target price to C$69 from C$68

Goeasy Ltd GSY.TO: Cormark Securities cuts target price to C$210 from C$240

Mullen Group Ltd MTL.TO: Raymond James raises to outperform from market perform

Transalta Corp TA.TO: CIBC cuts target price to C$19 from C$19.5

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

Alithya Group Inc ALYA.TO: Barrington Research cuts target price to C$2.5 from C$3.5

Aritzia Inc ATZ.TO: TD Cowen cuts target price to C$66 from C$74

Boyd Group Services Inc BYD.TO: CIBC cuts target price to C$278 from C$286

Emera Inc EMA.TO: CIBC raises target price to C$64 from C$63

Fortis Inc FTS.TO: CIBC raises target price to C$69 from C$68

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

Goeasy Ltd GSY.TO: Cormark Securities cuts target price to C$210 from C$240

Keyera Corp KEY.TO: CIBC cuts target price to C$47 from C$48

Martinrea International Inc MRE.TO: CIBC cuts target price to C$8.5 from C$9

Mullen Group Ltd MTL.TO: Cormark Securities cuts target price to C$17 from C$18.5

Mullen Group Ltd MTL.TO: Raymond James cuts target price to C$16.75 from C$17.00

Mullen Group Ltd MTL.TO: Raymond James raises to outperform from market perform

Storagevault Canada Inc SVI.TO: Raymond James raises target price to C$4.75 from C$4.70 -

Southern Cross Gold Consolidated Ltd SXGC.V: Stifel initiates coverage with PT C$6.25

Southern Cross Gold Consolidated Ltd SXGC.V: Stifel initiates coverage with buy rating

TCP Energy Corp TRP.TO: CIBC raises target price to C$71 from C$70

Transalta Corp TA.TO: CIBC cuts target price to C$19 from C$19.5

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