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CANADA RESEARCH ROUNDUP-Canadian Natural Resources,TCP Energy, Zedcor

ReutersOct 9, 2025 7:32 AM

- Securities analysts revised their ratings and price targets on several Canadian companies including Canadian Natural Resources ,TCP Energy and Zedcor on Thursday.

HIGHLIGHTS

* Barrick Mining ABX.TO: Canaccord Genuity raises target price to C$57 from C$39

* Canadian Natural Resources Ltd CNQ.TO: Scotiabank raises target price to C$58 from C$54

* Ensign Energy Services Inc ESI.TO: RBC cuts to sector perform from outperform

* TCP Energy Corp TRP.TO: CIBC cuts to neutral from outperformer

* Zedcor Inc ZDC.V: National Bank of Canada raises target price to C$7.5 from C$5.5

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

* Altagas Ltd ALA.TO: CIBC raises target price to C$46 from C$44

* ARC Resources Ltd ARX.TO: Scotiabank cuts target price to C$36 from C$38

* Athabasca Oil Corp ATH.TO: Scotiabank raises target price to C$7 from C$6.5

* Barrick Mining ABX.TO: Canaccord Genuity raises target price to C$57 from C$39

* Baytex Energy Corp BTE.TO: Scotiabank raises target price to C$4 from C$3.5

* Birchcliff Energy Ltd BIR.TO: Scotiabank cuts target price to C$9 from C$10

* Bombardier BBDb.TO: RBC raises target price to C$230 from C$202

* Canadian Natural Resources Ltd CNQ.TO: Scotiabank raises target price to C$58 from C$54

* CES Energy Solutions Corp CEU.TO: RBC raises target price to C$11 from C$10

* Enbridge Inc ENB.TO: CIBC raises target price to C$70 from C$68

* Enbridge Inc ENB.TO: CIBC cuts to neutral from outperformer

* Ensign Energy Services Inc ESI.TO: RBC raises target price to C$3 from C$2.5

* Ensign Energy Services Inc ESI.TO: RBC cuts to sector perform from outperform

* Exchange Income Corp EIF.TO: RBC raises target price to C$85 from C$81

* International Petroleum Corp IPCO.TO: Scotiabank raises target price to C$24 from C$23

* Keyera Corp KEY.TO: CIBC raises target price to C$57 from C$56

* Nuvista Energy Ltd NVA.TO: Scotiabank raises target price to C$19 from C$16

* Parex Resources Inc PXT.TO: Scotiabank raises target price to C$20 from C$17

* Pason Systems Inc PSI.TO: RBC cuts target price to C$14 from C$16

* Pembina Pipeline Corp PPL.TO: CIBC raises target price to C$62 from C$60

* Prairiesky Royalty Ltd PSK.TO: Scotiabank raises target price to C$29 from C$28

* Precision Drilling Corp PD.TO: RBC raises target price to C$110 from C$100

* Rogers Communications Inc RCIb.TO: Canaccord Genuity raises target price to C$55 from C$52

* Spartan Delta Corp SDE.TO: Scotiabank raises target price to C$8 from C$7.5

* TCP Energy Corp TRP.TO: CIBC raises target price to C$77 from C$76

* TCP Energy Corp TRP.TO: CIBC cuts to neutral from outperformer

* Teck Resources Ltd TECKb.TO: JP Morgan raises target price to C$60 from C$56

* Trican Well Service Ltd TCW.TO: RBC raises target price to C$7.5 from C$7

* Vermilion Energy Inc VET.TO: Scotiabank raises target price to C$14 from C$13

* Whitecap Resources Inc WCP.TO: Scotiabank raises target price to C$14 from C$12

* Zedcor Inc ZDC.V: National Bank of Canada raises target price to C$7.5 from C$5.5

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