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CANADA RESEARCH ROUNDUP-First Majestic Silver, Jamieson Wellness, Precision Drilling

ReutersMar 24, 2026 5:23 PM

- Securities analysts revised their ratings and price targets on several Canadian companies, including First Majestic Silver, Jamieson Wellness and Precision Drilling, on Tuesday.

HIGHLIGHTS

First Majestic Silver Corp AG.TO: BMO raises to outperform from market perform

Jamieson Wellness Inc JWEL.TO: CIBC initiates coverage with price target C$43

Kelt Exploration Ltd KEL.TO: Ventum Financial initiates coverage with buy rating

Precision Drilling Corp PD.TO: CIBC raises target price to C$150 from C$140

Vitalhub Corp VHI.TO: Raymond James cuts target price to C$11 from C$15

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

First Majestic Silver Corp AG.TO: BMO raises to outperform from market perform

Foran Mining Corp FOM.TO: Scotiabank cuts to sector perform from sector outperform

Foran Mining Corp FOM.TO: Scotiabank raises target price to C$6.6 from C$6

Jamieson Wellness Inc JWEL.TO: CIBC initiates coverage with outperformer rating

Jamieson Wellness Inc JWEL.TO: CIBC initiates coverage with price target C$43

Kelt Exploration Ltd KEL.TO: Ventum Financial initiates coverage with buy rating

Kelt Exploration Ltd KEL.TO: Ventum Financial initiates coverage with PT C$12.50

Precision Drilling Corp PD.TO: CIBC raises target price to C$150 from C$140

Slate Grocery REIT SGR_u.TO: BMO initiates coverage with market perform rating

Slate Grocery REIT SGR_u.TO: BMO initiates coverage with target price $11

Transalta Corp TA.TO: National Bank of Canada raises to outperform from sector perform

Transcontinental Inc TCLa.TO: BMO adjusts PT to C$6.25 from C$27 to reflect payment of special dividend in relation with recent sales packaging business

Transcontinental Inc TCLa.TO: TD Cowen adjusts target price to C$8 from C$28 to reflect special cash distribution in connection with recent sales packaging business

Vitalhub Corp VHI.TO: Raymond James cuts target price to C$11 from C$15

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