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CANADA RESEARCH ROUNDUP-CAE, Exchange Income, Teck Resources

ReutersJan 12, 2026 5:00 PM

- Securities analysts revised their ratings and price targets on several Canadian companies, including CAE, Exchange Income and Teck Resources, on Monday.

HIGHLIGHTS

AG Growth International Inc AFN.TO: ATB Capital Markets resumes coverage with outperform rating

CAE Inc CAE.TO: TD Cowen raises target price to C$53 from C$46

Exchange Income Corp EIF.TO: RBC raises target price to C$103 from C$94

Kits Eyecare Ltd KITS.TO: Haywood Securities raises target price to C$26 from C$20

Teck Resources Ltd TECKb.TO: Jefferies raises target price to C$80 from C$71

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

AG Growth International Inc AFN.TO: ATB Capital Markets resumes with outperform rating

AG Growth International Inc AFN.TO: ATB Capital Markets resumes with target price C$36

AG Growth International Inc AFN.TO: Cormark Securities resumes with market perform rating

AG Growth International Inc AFN.TO: Cormark Securities resumes with target price C$35

Bombardier BBDb.TO: RBC raises target price to C$287 from C$263

CAE Inc CAE.TO: RBC raises target price to C$46 from C$40

CAE Inc CAE.TO: TD Cowen raises target price to C$53 from C$46

Emera Inc EMA.TO: BofA Global Research cuts to neutral from buy

Emera Inc EMA.TO: BofA Global Research cuts price objective to C$69 from C$74

Exchange Income Corp EIF.TO: RBC raises target price to C$103 from C$94

First Quantum Minerals Ltd FM.TO: Jefferies raises target price to C$47 from C$38

Kits Eyecare Ltd KITS.TO: Haywood Securities raises target price to C$26 from C$20

Lundin Mining Corp LUN.TO: Jefferies raises target price to C$38 from C$32

Teck Resources Ltd TECKb.TO: Jefferies raises target price to C$80 from C$71

Telus Corp T.TO: Scotiabank cuts target price to C$22.50 from C$26

Terravest Industries Inc TVK.TO: Canaccord Genuity raises target to C$209 from C$195

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