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CANADA RESEARCH ROUNDUP-Altus Group, National Bank of Canada, RBC

ReutersAug 13, 2025 6:35 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Altus Group, National Bank of Canada and RBC on Wednesday.

HIGHLIGHTS

* Altus Group Ltd AIF.TO: National Bank of Canada ups to outperform from sector perform

* Bank of Montreal BMO.TO: Jefferies raises target price to C$164 from C$150

* CIBC CM.TO: Jefferies raises target price to C$102 from C$94

* National Bank of Canada NA.TO: Jefferies raises target price to C$157 from C$139

* RBC RY.TO: Jefferies raises target price to C$207 from C$198

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

* Altus Group Ltd AIF.TO: National Bank of Canada ups PT to C$74.00 from C$60.00

* Altus Group Ltd AIF.TO: National Bank of Canada ups to outperform from sector perform

* Altus Group Ltd AIF.TO: Scotiabank raises target price to C$63 from C$53

* Bank of Montreal BMO.TO: Jefferies raises target price to C$164 from C$150

* CIBC CM.TO: Jefferies raises target price to C$102 from C$94

* EQB Inc EQB.TO: Jefferies raises target price to C$119 from C$107

* European Residential REIT ERE_u.TO: Raymond James cuts PT to C$2.75 from C$3

* European Residential REIT ERE_u.TO: Raymond James cuts to market perform from outperform

* Exchange Income Corp EIF.TO: BMO raises target price to C$65.5 from C$59

* Exchange Income Corp EIF.TO: CIBC raises target price to C$84.50 from C$74.50

* Exchange Income Corp EIF.TO: Raymond James raises target price to C$85 from C$80

* Exchange Income Corp EIF.TO: RBC raises target price to C$81 from C$74

* Laurentian Bank of Canada LB.TO: Jefferies raises target price to C$31 from C$29

* National Bank of Canada NA.TO: Jefferies raises target price to C$157 from C$139

* Pembina Pipeline Corp PPL.TO: JP Morgan cuts target price to C$55 from C$57

* RBC RY.TO: Jefferies raises target price to C$207 from C$198

* Scotiabank BNS.TO: Jefferies raises target price to C$83 from C$75

* TD Bank Group TD.TO: Jefferies raises target price to C$117 from C$103

* Terravest Industries Inc TVK.TO: CIBC initiates coverage with PT C$175

* Terravest Industries Inc TVK.TO: CIBC initiates coverage with neutral rating

* WSP Global Inc WSP.TO: UBS raises target price to C$325 from C$297

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