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CANADA RESEARCH ROUNDUP-Bank of Montreal, National Bank of Canada, RBC

ReutersAug 20, 2025 5:50 PM

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

HIGHLIGHTS

* Bank of Montreal BMO.TO: CIBC raises target price to C$173 from C$156

* Gibson Energy Inc GEI.TO: JP Morgan raises target price to C$25.00 from C$24.00

* Loblaw Companies Ltd L.TO: National Bank of Canada adjusts PT to C$60 from C$242 to reflect 4for1 stock split

* National Bank of Canada NA.TO: CIBC raises target price to C$151 from C$147

* RBC RY.TO: CIBC raises target price to C$195 from C$183

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

* Air Canada AC.TO: BMO cuts target price to C$28 from C$29

* Air Canada AC.TO: RBC cuts target price to C$25 from C$27

* Bank of Montreal BMO.TO: CIBC raises target price to C$173 from C$156

* BRP Inc DOO.TO: TD Cowen raises target price to C$87 from C$70

* Gibson Energy Inc GEI.TO: JP Morgan raises target price to C$25.00 from C$24.00

* Groupe Dynamite Inc GRGD.TO: BMO raises target price to C$42 from C$33

* Laurentian Bank of Canada LB.TO: CIBC raises target price to C$35 from C$33

* Loblaw Companies Ltd L.TO: National Bank of Canada adjusts PT to C$60 from C$242 to reflect 4for1 stock split

* Lundin Mining Corp LUN.TO: Morgan Stanley raises target price to C$14.5 from C$13.7

* National Bank of Canada NA.TO: CIBC raises target price to C$151 from C$147

* RBC RY.TO: CIBC raises target price to C$195 from C$183

* Scotiabank BNS.TO: CIBC raises target price to C$90 from C$77

* TD Bank Group TD.TO: CIBC raises target price to C$109 from C$99

* Vitalhub Corp VHI.TO: National Bank of Canada resumes coverage with outperform rating

* Vitalhub Corp VHI.TO: National Bank of Canada resumes coverage with price target C$16

* Zedcor Inc ZDC.V: Stifel initiates coverage with buy rating

* Zedcor Inc ZDC.V: Stifel initiates coverage with target price C$7.00

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