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CANADA RESEARCH ROUNDUP-Atkinsréalis, Enghouse Systems, Parex Resources

ReutersDec 15, 2025 5:44 PM

- Securities analysts revised their ratings and price targets on several Canadian companies, including Atkinsréalis, Enghouse Systems and Parex Resources, on Monday.

HIGHLIGHTS

Atkinsréalis ATRL.TO: National Bank of Canada raises to outperform from sector perform

Birchcliff Energy Ltd BIR.TO: BMO raises to outperform from market perform

Enghouse Systems Ltd ENGH.TO: CIBC cuts target price to C$23 from C$25

Imperial Oil IMO.TO: BMO cuts to market perform from outperform

Parex Resources Inc PXT.TO: Jefferies raises target price to C$20.5 from C$18

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

Atco Ltd ACOx.TO: BMO resumes coverage with outperform rating; PT C$63 vs C$61

Atex Resources Inc ATX.V: TD Cowen initiates coverage with buy rating; PT C$4.25

Atkinsréalis ATRL.TO: National Bank of Canada raises target price to C$110 from C$102

Atkinsréalis ATRL.TO: National Bank of Canada raises to outperform from sector perform

Birchcliff Energy Ltd BIR.TO: BMO raises to outperform from market perform

Birchcliff Energy Ltd BIR.TO: BMO raises target price to C$8.5 from C$7.5

CGI Inc GIBa.TO: CIBC cuts target price to C$139 from C$149

CGI Inc GIBa.TO: CIBC cuts to neutral from outperformer

Computer Modelling Group Ltd CMG.TO: CIBC cuts target price to C$5.5 from C$6.5

Constellation Software Inc CSU.TO: CIBC cuts target price to C$5260 from C$5480

Dye & Durham Ltd DND.TO: CIBC cuts target price to C$4.5 from C$8.5

Enghouse Systems Ltd ENGH.TO: CIBC cuts target price to C$23 from C$25

Ensign Energy Services Inc ESI.TO: BMO cuts to market perform from outperform

Imperial Oil IMO.TO: BMO cuts to market perform from outperform

Imperial Oil IMO.TO: BMO cuts target price to C$129 from C$132

Kinaxis Inc KXS.TO: CIBC raises target price to C$203 from C$201

Kinaxis Inc KXS.TO: CIBC raises to outperformer from neutral

Lundin Mining Corp LUN.TO: Citigroup initiates coverage with buy rating

Lundin Mining Corp LUN.TO: Citigroup initiates coverage with target price C$32

Onex Corp ONEX.TO: RBC cuts target price to C$139 from C$141

Parex Resources Inc PXT.TO: Jefferies raises target price to C$20.5 from C$18

South Bow Corp SOBO.TO: Jefferies raises target price to C$45 from C$39

South Bow Corp SOBO.TO: Jefferies raises to buy from hold

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