CANADA RESEARCH ROUNDUP-Alimentation Couche-Tard, George Weston, Loblaw

ReutersJan 8, 2025 3:56 PM

Jan 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Alimentation Couche-Tard, George Weston and Loblaw on Wednesday.

HIGHLIGHTS

Alimentation Couche-Tard Inc ATD.TO: National Bank of Canada ups to outperform from sector perform

George Weston Ltd WN.TO: Scotiabank raises target price to C$240 from C$218

Loblaw Companies Ltd L.TO: Scotiabank cuts to sector perform from sector outperform

Northland Power Inc (Ontario) NPI.TO: CIBC cuts target price to C$29 from C$31

Telus Corp T.TO: CIBC cuts target price to C$24 from C$25

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

AGF Management Ltd AGFb.TO: BMO raises target price to C$11 from C$10

AGF Management Ltd AGFb.TO: Jefferies raises target price to C$12 from C$11

Alimentation Couche-Tard ATD.TO: National Bank of Canada ups PT to C$89 from C$87

Alimentation Couche-Tard ATD.TO: National Bank of Canada ups to outperform from sector perform

Bank of Montreal BMO.TO: RBC raises to outperform from sector perform

Bank of Montreal BMO.TO: RBC raises target price to C$161 from C$133

Boralex Inc BLX.TO: CIBC cuts target price to C$40 from C$42

CIBC CM.TO: RBC raises to outperform from sector perform

CIBC CM.TO: RBC raises target price to C$103 from C$97

European Residential REIT ERE_u.TO: Raymond James cuts PT to C$3 from C$4.50

First Quantum Minerals Ltd FM.TO: RBC raises target price to C$24 from C$23

Fortis Inc FTS.TO: CIBC raises target price to C$64 from C$63

George Weston Ltd WN.TO: Scotiabank raises target price to C$240 from C$218

George Weston Ltd WN.TO: Scotiabank raises to sector outperform from sector perform

Hydro One Ltd H.TO: CIBC raises target price to C$46 from C$45

Loblaw Companies Ltd L.TO: Scotiabank cuts to sector perform from sector outperform

Medexus Pharmaceuticals Inc MDP.TO: Raymond James ups to strong buy from outperform

National Bank of Canada NA.TO: RBC raises target price to C$145 from C$134

Northland Power Inc (Ontario) NPI.TO: CIBC cuts target price to C$29 from C$31

Rogers Communications Inc RCIb.TO: Scotiabank cuts target price to C$64 from C$66.50

Scotiabank BNS.TO: RBC raises target price to C$83 from C$74

TD Bank Group TD.TO: RBC raises target price to C$86 from C$77

Telus Corp T.TO: CIBC cuts target price to C$24 from C$25

Telus Corp T.TO: Scotiabank cuts target price to C$22.50 from C$23.25

Transalta Corp TA.TO: CIBC raises target price to C$23 from C$17

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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