Bank of Montreal (TSE: BMO, NYSE: BMO) received a significant rating upgrade on Friday, as CIBC World Markets moved the Canadian bank’s stock from Hold to Strong Buy, according to a research note reported by Zacks.com. The upgrade comes amid a wave of analyst …
Total revenues increased 21% year-over-year to CAD 1.45 billion (USD 1.07 billion)in Personal and Commercial Banking, supported by CWB’s inclusion and higher loan and deposit volumes.
The Bank of Nova Scotia reported third-quarter net income of $2,527 million, up from $1,912 million in the same period a year ago, with diluted earnings per share of $1.84 compared with $1.41 a year earlier. On an adjusted basis, net income was $2,518 …
TD Cowen has reaffirmed its positive outlook on Canadian Imperial Bank of Commerce (CIBC) (TSX:CM) (NYSE:CM), with analyst Mario C. Mendonca maintaining a “Buy” recommendation and setting a price target of CAD 122.19. The target represents a potential upside of approximately 9% from the …
Jefferies Financial Group has revised its view on Power Corp. of Canada (TSE: POW), lowering the stock from “buy” to “hold” while increasing its price target to CAD 60 from CAD 57, according to a note reported Monday by BayStreet.ca. The new target implies …
Forte Group Holdings Inc. (CSE: FGH) (OTC: FGHFF) (FSE: 7BC0, WKN: A40L1Z) has completed a non-brokered private placement, issuing 8,700,000 units at CAD 0.05 per unit for total gross proceeds of CAD 435,000. The financing forms part of a broader series of initiatives aimed …
Crown Capital Partners Inc. (TSX: CRWN) announced its financial results for the three months ended June 30, 2025, reporting a reduced net loss alongside revenue growth in certain service segments. The company recorded a net loss of CAD 3.5 million, or CAD 0.62 per …
TMX Group Ltd. (TSE: X) has received an updated stock rating and revised price target from several Canadian equity analysts. National Bankshares recently increased its target price from CAD 58.00 to CAD 59.00 and reiterated a “sector perform” rating, suggesting a potential upside of …
Margaux Real Estate Investment Trust (TSXV:ALFA.UN)has completed the acquisition of a fully operational self-storage facility located on Boulevard Laurier West in Saint-Hyacinthe, Quebec. The transaction closed this week at a purchase price of CAD 4,675,000, fully paid in cash, as previously disclosed on June …
RF Capital Group Inc. (TSX:RCG)reported a net loss of CAD 2.1 million for the second quarter of fiscal year 2025, compared to net income of CAD 2.7 million in the same period last year. The decline in profitability was primarily attributed to a 29% …