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CANADA RESEARCH ROUNDUP-AG Growth International, Lundin Gold, Zedcor

ReutersJun 24, 2025 2:38 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including AG Growth International, Lundin Gold and Zedcor on Tuesday.

HIGHLIGHTS

AG Growth International Inc AFN.TO: TD Cowen raises target price to C$55 from C$48

Lundin Gold LUG.TO: National Bank of Canada cuts to sector perform from outperform

MDA Space Ltd MDA.TO: Citigroup resumes coverage with neutral rating

Tourmaline Oil TOU.TO: CIBC raises target price to C$77.5 from C$72.5

Zedcor Inc ZDC.V: National Bank of Canada initiates coverage with outperform rating

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

Advantage Energy Ltd AAV.TO: CIBC raises target price to C$14 from C$12

AG Growth International Inc AFN.TO: TD Cowen raises target price to C$55 from C$48

Keyera Corp KEY.TO: CIBC raises target price to C$56 from C$47

Keyera Corp KEY.TO: Raymond James raises target price to C$59.00 from C$51.00

Lundin Gold LUG.TO: National Bank of Canada cuts to sector perform from outperform

Lundin Gold LUG.TO: National Bank of Canada raises PT to C$89.00 from C$67.75

MDA Space Ltd MDA.TO: Citigroup resumes coverage with neutral rating

MDA Space Ltd MDA.TO: Citigroup resumes coverage with target price C$32.5

Nuvista Energy Ltd NVA.TO: CIBC raises target price to C$20 from C$18

Paramount Resources Ltd POU.TO: CIBC raises target price to C$25 from C$22

Primaris Real Estate Investment Trust PMZ_u.TO: CIBC raises PT to C$19 from C$17.5

Quebecor Inc QBRb.TO: TD Cowen raises target price to C$46 from C$44

Skeena Resources Ltd SKE.TO: RBC raises target price to C$26 from C$23

Snowline Gold Corp SGD.V: CIBC raises target price to C$11.5 from C$7

Tourmaline Oil TOU.TO: CIBC raises target price to C$77.5 from C$72.5

Triple Flag Precious Metals Corp TFPM.TO: TD Cowen raises PT to C$39 from C$36

Zedcor Inc ZDC.V: National Bank of Canada initiates coverage with outperform rating

Zedcor Inc ZDC.V: National Bank of Canada initiates coverage with PT C$5.00

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