CANADA RESEARCH ROUNDUP-Algoma Steel Group, BRP, Osisko Development

Reuters
2025/06/02
CANADA RESEARCH ROUNDUP-Algoma Steel Group, BRP, Osisko Development

June 2 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Algoma Steel Group, BRP and Osisko Development on Monday.

HIGHLIGHTS

* Algoma Steel Group Inc ASTL.TO: BMO cuts to market perform from outperform

* BRP Inc DOO.TO: Citigroup raises target price to C$60 from C$49

* K-Bro Linen Inc KBL.TO: Raymond James raises target price to C$48 from C$45

* Laurentian Bank of Canada LB.TO: Raymond James raises target price to C$28 from C$27

* Osisko Development Corp ODV.V: RBC raises to outperform from sector perform

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

* Algoma Steel Group Inc ASTL.TO: BMO cuts target price to C$8 from C$12

* Algoma Steel Group Inc ASTL.TO: BMO cuts to market perform from outperform

* Aritzia Inc ATZ.TO: Raymond James raises target price to C$78 from C$60

* Arizona Metals Corp AMC.TO: BMO cuts target price to C$2.75 from C$5.5

* Artemis Gold Inc ARTG.V: RBC raises target price to C$32 from C$28

* BRP Inc DOO.TO: Citigroup raises target price to C$60 from C$49

* Canopy Growth Corp WEED.TO: ATB Capital Markets cuts target price to C$1.6 from C$3.2

* Emera Inc EMA.TO: UBS raises target price to C$63 from C$61

* K92 Mining Inc KNT.TO: RBC raises target price to C$18 from C$16

* K-Bro Linen Inc KBL.TO: Raymond James raises target price to C$48 from C$45

* Laurentian Bank of Canada LB.TO: CIBC raises target price to C$33 from C$29

* Laurentian Bank of Canada LB.TO: Cormark Securities raises PT to C$33 from C$30

* Laurentian Bank of Canada LB.TO: Raymond James raises target price to C$28 from C$27

* Lycos Energy Inc LCX.V: BMO cuts target price to C$2.5 from C$3.5

* Oceanagold Corp OGC.TO: RBC raises target price to C$8 from C$7

* Osisko Development Corp ODV.V: RBC raises to outperform from sector perform

* Spin Master Corp TOY.TO: CIBC initiates coverage with target price C$28

* Spin Master Corp TOY.TO: CIBC initiates coverage with neutral rating

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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