CANADA RESEARCH ROUNDUP-ARC Resources, Stantec, WSP Global

Reuters
2025.10.27 15:10
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Securities analysts have updated their ratings and price targets for several Canadian companies, including ARC Resources, Stantec, and WSP Global. Notable changes include Capital One Securities initiating coverage on ARC Resources with an overweight rating and a target price of C$35, while TD Cowen raised Stantec's target price to C$183 from C$176. WSP Global's target price was also increased to C$330 from C$328. Other companies like Hammond Power Solutions and Tourmaline Oil saw similar adjustments in their price targets.

Oct 27 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including ARC Resources, Stantec and WSP Global, on Monday.

HIGHLIGHTS

  • ARC Resources Ltd (ARX.TO) : Capital One Securities Initiates coverage with overweight

rating

  • Hammond Power Solutions Inc (HPSa.TO) : Canaccord Genuity raises PT to C$211 from C$154
  • Stantec Inc (STN.TO) : TD Cowen raises target price to C$183 from C$176
  • Tourmaline Oil (TOU.TO) : Capital One Securities Initiates coverage with overweight

rating

  • WSP Global Inc (WSP.TO) : TD Cowen raises target price to C$330 from C$328 Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries are in alphabetical order.
  • Aecon Group Inc (ARE.TO) : TD Cowen raises target price to C$34 from C$23
  • ARC Resources Ltd (ARX.TO) : Capital One Securities Initiates coverage with overweight

rating

  • ARC Resources Ltd (ARX.TO) : Capital One Securities Initiates coverage with target price

C$35

  • Badger Infrastructure Solutions Ltd (BDGI.TO) : Stifel raises target price to C$86 from

C$70

  • Baytex Energy Corp (BTE.TO) : Capital One Securities initiates coverage with equal weight

rating

  • Baytex Energy Corp (BTE.TO) : Capital One Securities initiates coverage with target price

C$4

  • Bird Construction Inc (BDT.TO) : TD Cowen raises target price to C$36 from C$32
  • Groupe Dynamite Inc (GRGD.TO) : BMO raises target price to C$76 from C$64
  • Hammond Power Solutions Inc (HPSa.TO) : Canaccord Genuity raises PT to C$211 from C$154
  • Linamar Corp (LNR.TO) : BMO raises target price to C$84 from C$80
  • MEG Energy Corp (MEG.TO) : Jefferies raises target price to C$30 from C$24
  • Stantec Inc (STN.TO) : TD Cowen raises target price to C$183 from C$176
  • Tourmaline Oil (TOU.TO) : Capital One Securities initiates coverage with overweight

rating

  • Tourmaline Oil (TOU.TO) : Capital One Securities initiates coverage with target price

C$76

  • Whitecap Resources Inc (WCP.TO) : Capital One Securities initiates coverage with

overweight rating

  • Whitecap Resources Inc (WCP.TO) : Capital One Securities initiates coverage with target

price C$13

  • WSP Global Inc (WSP.TO) : TD Cowen raises target price to C$330 from C$328
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