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CANADA RESEARCH ROUNDUP-Atco, Boralex, TCP Energy

ReutersDec 17, 2025 5:28 PM

- Securities analysts revised their ratings and price targets on several Canadian companies, including Atco, Boralex and TCP Energy, on Wednesday.

HIGHLIGHTS

Atco Ltd ACOx.TO: CIBC raises target price to C$68 from C$67

Boralex Inc BLX.TO: CIBC cuts target price to C$37 from C$38

Enbridge Inc ENB.TO: CIBC cuts target price to C$69 from C$71

Rockpoint Gas Storage RGSI.TO: National Bank of Canada raises to outperform from sector perform

TCP Energy Corp TRP.TO: CIBC raises target price to C$81 from C$78

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

CIBC CM.TO: BMO raises target price to C$135 from C$130

National Bank of Canada NA.TO: BMO raises target price to C$177 from C$172

RBC RY.TO: BMO raises target price to C$245 from C$229

Scotiabank BNS.TO: BMO raises target price to C$98 from C$93

TD Bank Group TD.TO: BMO raises target price to C$135 from C$128

Altagas Ltd ALA.TO: CIBC raises target price to C$50 from C$47

Atco Ltd ACOx.TO: CIBC raises target price to C$68 from C$67

Aya Gold & Silver Inc AYA.TO: CIBC raises target price to C$27 from C$25

Boralex Inc BLX.TO: CIBC cuts target price to C$37 from C$38

Canadian Utilities Ltd CU.TO: CIBC raises target price to C$44 from C$43

Enbridge Inc ENB.TO: CIBC cuts target price to C$69 from C$71

Endeavour Mining Plc EDV.TO: Berenberg raises target price to C$85 from C$79

Enghouse Systems Ltd ENGH.TO: CIBC raises target price to C$24 from C$23

Fortis Inc FTS.TO: CIBC raises target price to C$76 from C$75

Hydro One Ltd H.TO: UBS raises target price to C$54 from C$52

Northland Power Inc (Ontario) NPI.TO: CIBC raises target price to C$23 from C$22

Premium Brands Holdings Corp PBH.TO: Cormark Securities raises PT to C$150 from C$135

Rockpoint Gas Storage RGSI.TO: National Bank of Canada raises target price to C$31 from C$26

Rockpoint Gas Storage RGSI.TO: National Bank of Canada raises to outperform from sector perform

Snowline Gold SGD.TO: CIBC raises target price to C$22 from C$17.5

Superior Plus SPB.TO: CIBC raises to outperformer from neutral; raises PT to C$9 from C$8.5

TCP Energy Corp TRP.TO: CIBC raises target price to C$81 from C$78

Transalta Corp TA.TO: CIBC raises target price to C$26 from C$25

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