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CANADA RESEARCH ROUNDUP-Algoma Steel Group, BRP, Osisko Development

ReutersJun 2, 2025 3:20 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Algoma Steel Group, BRP and Osisko Development on Monday.

HIGHLIGHTS

Algoma Steel Group Inc ASTL.TO: BMO cuts to market perform from outperform

BRP Inc DOO.TO: Citigroup raises target price to C$60 from C$49

K-Bro Linen Inc KBL.TO: Raymond James raises target price to C$48 from C$45

Laurentian Bank of Canada LB.TO: Raymond James raises target price to C$28 from C$27

Osisko Development Corp ODV.V: RBC raises to outperform from sector perform

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

Algoma Steel Group Inc ASTL.TO: BMO cuts target price to C$8 from C$12

Algoma Steel Group Inc ASTL.TO: BMO cuts to market perform from outperform

Aritzia Inc ATZ.TO: Raymond James raises target price to C$78 from C$60

Arizona Metals Corp AMC.TO: BMO cuts target price to C$2.75 from C$5.5

Artemis Gold Inc ARTG.V: RBC raises target price to C$32 from C$28

BRP Inc DOO.TO: Citigroup raises target price to C$60 from C$49

Canopy Growth Corp WEED.TO: ATB Capital Markets cuts target price to C$1.6 from C$3.2

Emera Inc EMA.TO: UBS raises target price to C$63 from C$61

K92 Mining Inc KNT.TO: RBC raises target price to C$18 from C$16

K-Bro Linen Inc KBL.TO: Raymond James raises target price to C$48 from C$45

Laurentian Bank of Canada LB.TO: CIBC raises target price to C$33 from C$29

Laurentian Bank of Canada LB.TO: Cormark Securities raises PT to C$33 from C$30

Laurentian Bank of Canada LB.TO: Raymond James raises target price to C$28 from C$27

Lycos Energy Inc LCX.V: BMO cuts target price to C$2.5 from C$3.5

Oceanagold Corp OGC.TO: RBC raises target price to C$8 from C$7

Osisko Development Corp ODV.V: RBC raises to outperform from sector perform

Spin Master Corp TOY.TO: CIBC initiates coverage with target price C$28

Spin Master Corp TOY.TO: CIBC initiates coverage with neutral rating

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