CANADA RESEARCH ROUNDUP-Emera, Fortis, Intact Financial

Reuters
2025.10.21 07:35
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Securities analysts have updated their ratings and price targets for several Canadian companies. CIBC raised the target price for Emera Inc to C$71 from C$68 and for Fortis Inc to C$74 from C$72. Jefferies upgraded Intact Financial Corp to 'buy' from 'hold' and raised its target price to C$317 from C$316. Other companies with revised targets include Dri Healthcare Trust, Hydro One Ltd, Paramount Resources, and Prairiesky Royalty, among others.

Oct 21 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Emera,Fortis and Intact Financial on Tuesday.

HIGHLIGHTS

  • Emera Inc (EMA.TO) : CIBC raises target price to C$71 from C$68
  • Fortis Inc (FTS.TO) : CIBC raises target price to C$74 from C$72
  • Intact Financial Corp (IFC.TO) : Jefferies raises to buy from hold Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
  • Dri Healthcare Trust (DHT_u.TO) : CIBC raises target price to C$19 from C$17.5
  • Emera Inc (EMA.TO) : CIBC raises target price to C$71 from C$68
  • Fortis Inc (FTS.TO) : CIBC raises target price to C$74 from C$72
  • Hydro One Ltd (H.TO) : CIBC raises target price to C$54 from C$52
  • Intact Financial Corp (IFC.TO) : Jefferies raises target price to C$317 from C$316
  • Intact Financial Corp (IFC.TO) : Jefferies raises to buy from hold
  • Paramount Resources (POU.TO) : Jefferies raises target price to C$28 from C$25
  • Prairiesky Royalty (PSK.TO) : National Bank of Canada raises PT to C$33 from C$32
  • Prairiesky Royalty (PSK.TO) : National Bank of Canada raises to outperform from sector perform
  • Zoomd Technologies (ZOMD.V) : ATB Capital Markets initiates coverage with PT C$4
  • Zoomd Technologies (ZOMD.V) : ATB Capital Markets initiates coverage with outperform rating
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