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CANADA RESEARCH ROUNDUP-Autocanada, National Bank of Canada, Royal Bank of Canada

ReutersAug 14, 2025 2:51 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Autocanada, National Bank of Canada and Royal Bank of Canada on Thursday.

HIGHLIGHTS

* Autocanada Inc ACQ.TO: BMO raises to outperform from market perform

* Bank of Montreal BMO.TO: Barclays raises target price to C$150 from C$144

* CAE Inc CAE.TO: TD Cowen raises to buy from hold

* National Bank of Canada NA.TO: Barclays raises target price to C$147 from C$141

* Royal Bank of Canada RY.TO: Barclays raises target price to C$190 from C$182

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

* Altus Group Ltd AIF.TO: CIBC raises target price to C$63 from C$54

* Autocanada Inc ACQ.TO: BMO raises target price to C$40 from C$20

* Autocanada Inc ACQ.TO: BMO raises to outperform from market perform

* Autocanada Inc ACQ.TO: Canaccord Genuity raises target price to C$34 from C$32

* Autocanada Inc ACQ.TO: National Bank of Canada raises PT to C$36.00 from C$28.00

* Autocanada Inc ACQ.TO: RBC raises target price to C$33 from C$27

* Bank of Montreal BMO.TO: Barclays raises target price to C$150 from C$144

* Bank of Nova Scotia BNS.TO: Barclays raises target price to C$81 from C$78

* Boyd Group Services Inc BYD.TO: CIBC raises target price to C$257 from C$244

* CAE Inc CAE.TO: CIBC raises target price to C$47 from C$44

* CAE Inc CAE.TO: TD Cowen raises target price to C$44 from C$40

* CAE Inc CAE.TO: TD Cowen raises to buy from hold

* Calian Group Ltd CGY.TO: Ventum Financial cuts target price to C$58 from C$60

* Canadian Imperial Bank of Commerce CM.TO: Barclays raises PT to C$96 from C$94

* Gildan Activewear Inc GIL.TO: National Bank of Canada ups PT to C$86.00 from C$80.00

* Linamar Corp LNR.TO: BMO raises target price to C$80 from C$75

* Linamar Corp LNR.TO: CIBC raises target price to C$77 from C$68

* Linamar Corp LNR.TO: Scotiabank raises target price to C$80.00 from C$71.00

* Linamar Corp LNR.TO: TD Cowen raises target price to C$85 from C$78

* National Bank of Canada NA.TO: Barclays raises target price to C$147 from C$141

* North American Construction Group NOA.TO: ATB Capital Markets cuts PT to C$26 from C$34

* North American Construction Group NOA.TO: ATB Capital Markets cuts to sector perform from outperform

* North American Construction Group NOA.TO: TD Cowen cuts PT to C$21 from C$25

* North American Construction Group NOA.TO: TD Cowen cuts to hold from buy

* Royal Bank of Canada RY.TO: Barclays raises target price to C$190 from C$182

* TCP Energy TRP.TO: Barclays raises target price to C$75 from C$74

* TorontoDominion Bank TD.TO: Barclays raises target price to C$95 from C$91

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