CANADA RESEARCH ROUNDUP-Bombardier, Cameco, Tourmaline Oil
Aug 1 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bombardier, Cameco and Tourmaline Oil on Friday.
HIGHLIGHTS
* Bombardier BBDb.TO: RBC raises target price to C$202 from C$175 |
* Cameco Corp CCO.TO: RBC raises target price to C$110 from C$100 |
* Freehold Royalties Ltd FRU.TO: CIBC raises target price to C$14.5 from C$14 |
* GFL Environmental Inc GFL.TO: CIBC raises target price to C$81 from C$75 |
* Tourmaline Oil TOU.TO: RBC cuts target price to C$75 from C$78 |
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* ARC Resources Ltd ARX.TO: CIBC cuts target price to C$34 from C$35 |
* Badger Infrastructure Solutions Ltd BDGI.TO: CIBC raises PT to C$62 from C$57 |
* Bombardier BBDb.TO: RBC raises target price to C$202 from C$175 |
* Bombardier BBDb.TO: UBS raises target price to C$173 from C$128 |
* Cameco Corp CCO.TO: Raymond James raises target price to C$115 from C$102 |
* Cameco Corp CCO.TO: RBC raises target price to C$110 from C$100 |
* Freehold Royalties Ltd FRU.TO: CIBC raises target price to C$14.5 from C$14 |
* GFL Environmental Inc GFL.TO: CIBC raises target price to C$81 from C$75 |
* Information Services Corp ISC.TO: CIBC raises PT to C$34 from C$32 |
* Information Services Corp ISC.TO: Raymond James raises PT to C$38 from C$34 |
* Lightspeed Commerce Inc LSPD.TO: Cormark Securities raises PT to C$25 from C$20 |
* Spin Master Corp TOY.TO: CIBC cuts target price to C$26 from C$28 |
* Tourmaline Oil TOU.TO: CIBC cuts target price to C$74 from C$75 |
* Tourmaline Oil TOU.TO: RBC cuts target price to C$75 from C$78 |
* Western Forest Products Inc WEF.TO: Scotiabank adjusts PT to C$15 from C$0.5 to reflect 1to30 share consolidation |
Related Articles
MP Materials 2Q25 Earnings Preview: The New Stock Darling?
TradingKey - MP Materials will release its earnings for the second quarter of the fiscal 2025 on August 7th after the bell.
AppLovin Q2 FY2025 Earnings Preview: Can AI-Powered AdTech Fuel Another Surge?
TradingKey - AppLovin (NASDAQ: APP) is set to report its Q2 FY2025 earnings on Wednesday, August 6, 2025, after the U.S. market closes. The earnings call will begin at 5:00 p.m. Eastern Time, hosted by CEO Adam Foroughi and CFO Matthew Stumpf.
FedEx Corp (FDX): Waiting for the Spin-off
TradingKey - Parcel delivery, the main business of FedEx, is a difficult industry with low margins and low bargaining power against larger e-commerce clients, thus the current low multiple.
U.S. Stock Sector Strategy: The Outlook for Tech Stocks from a Macro Perspective
TradingKey - Against the backdrop of easing trade war tensions, sustained economic resilience, and the Federal Reserve's anticipated interest rate cuts, the U.S. stock market is expected to maintain its upward trajectory. At the sector level, we are optimistic about U.S. technology stocks...
AMD Q2 FY2025 Earnings Preview: AI and Data Center Growth Prospects in Focus
TradingKey - Advanced Micro Devices, Inc. (NASDAQ: AMD) is scheduled to report its Q2 FY2025 earnings on Tuesday, August 5, 2025, after the U.S. market closes. The earnings call will begin at 5:00 p.m. Eastern Time.
