Canada Research Roundup: Hammond Power Solutions, Linamar, Stella-Jones

Linamar

07/05/2026 08:26

May 7 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Hammond Power Solutions, Linamar and Stella-Jones, on Thursday.

HIGHLIGHTS

* Hammond Power Solutions Inc HPSa.TO: RBC raises target price to C$350 from C$250
* Linamar Corp LNR.TO: CIBC raises target price to C$110 from C$105
* Russel Metals Inc RUS.TO: Stifel raises target price to C$58.5 from C$49
* Stella-Jones Inc SJ.TO: CIBC cuts target price to C$87 from C$96
* Tourmaline Oil TOU.TO: BMO cuts to market perform from outperform

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

* Carerx Corp CRRX.TO: Canaccord Genuity Resumes coverage with target price C$4.50
* Carerx Corp CRRX.TO: Canaccord Genuity Resumes coverage with buy rating
* Cenovus Energy Inc (Pre-Merger) CVE.TO: Raymond James raises target price to C$42 from C$41
* Cenovus Energy Inc (Pre-Merger) CVE.TO: Raymond James cuts to outperform from strong buy
* Cenovus Energy Incorporation CVE.TO: Scotiabank raises PT to C$44.00 from C$38.00
* Element Fleet Management Corp EFN.TO: Raymond James cuts to outperform from strong buy
* First Capital REIT FCR_u.TO: BMO cuts target price to C$24.2 from C$22
* First Capital REIT FCR_u.TO: BMO cuts to market perform from outperform
* Great-West Lifeco Inc. GWO.TO: Barclays raises target price to C$73 from C$70
* Hammond Power Solutions Inc HPSa.TO: RBC raises target price to C$350 from C$250
* Hydreight Technologies NURS.V: Canaccord Genuity Resumes coverage with PT C$8
* Hydreight Technologies NURS.V: Canaccord Genuity Resumes coverage with speculative buy rating
* IA Financial Corporation Inc IAG.TO: Scotiabank cuts PT to C$168.00 from C$183.00
* Linamar Corp LNR.TO: CIBC raises target price to C$110 from C$105
* Loblaw Companies Ltd L.TO: CIBC cuts target price to C$69 from C$75
* Loblaw Companies Ltd L.TO: Scotiabank cuts target price to C$64.00 from C$70.00
* Russel Metals Inc RUS.TO: RBC raises target price to C$63 from C$55
* Russel Metals Inc RUS.TO: Stifel raises target price to C$58.5 from C$49
* Sprott Inc SII.TO: RBC raises target price to C$230 from C$218
* Stella-Jones Inc SJ.TO: CIBC cuts target price to C$87 from C$96
* Tourmaline Oil TOU.TO: BMO cuts to market perform from outperform
* Tourmaline Oil TOU.TO: BMO raises target price to C$70 from C$67
* Tourmaline Oil TOU.TO: Canaccord Genuity cuts to hold from buy

 (Compiled by Bengaluru Newsroom)

 ((Diaries@thomsonreuters.com))