Latest Canadian Market News | | By cbc.ca | March 16, 2026 07:50 PM |
| | | By theglobeandmail.com | March 16, 2026 06:30 PM |
| | By cbc.ca | March 16, 2026 02:51 PM |
| | | By cbc.ca | March 16, 2026 02:51 PM |
| | By theglobeandmail.com | March 16, 2026 02:36 PM |
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Analysts' Downgrades on Monday, March 16 | | Enterprise Group (TSE:E) was downgraded by Raymond James Financial, Inc. from "outperform" to "market perform". They now have a C$1.50 price target on the stock, down from C$2.00. This represents a 36.4% upside from the current price of C$1.10. |
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Analysts' Price Target Increases on Monday, March 16 | | Altius Minerals (TSE:ALS) had its price target raised by Canaccord Genuity Group Inc. from C$47.00 to C$51.00. This represents a 15.9% upside from the current price of C$44.00. | | Bird Construction (TSE:BDT) had its price target raised by TD Securities from C$31.00 to C$44.00. They now have a "buy" rating on the stock. This represents a 23.7% upside from the current price of C$35.56. | | Cardinal Energy (TSE:CJ) had its price target raised by Royal Bank Of Canada from C$9.50 to C$11.00. They now have an "outperform" rating on the stock. This represents a 4.3% upside from the current price of C$10.55. | | Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) had its price target raised by Jefferies Financial Group Inc. from C$48.00 to C$59.00. This represents a 11.6% downside from the current price of C$66.74. | | Cenovus Energy (TSE:CVE) (NYSE:CVE) had its price target raised by Jefferies Financial Group Inc. from C$30.00 to C$37.00. This represents a 15.7% upside from the current price of C$31.98. | | Dollarama (TSE:DOL) was given a new C$218.00 price target by Desjardins. They now have a "buy" rating on the stock. This represents a 9.9% upside from the current price of C$198.34. | | Dollarama (TSE:DOL) was given a new C$225.00 price target by Royal Bank Of Canada. They now have an "outperform" rating on the stock. This represents a 13.4% upside from the current price of C$198.34. | | Imperial Oil (TSE:IMO) (NYSEMKT:IMO) had its price target raised by UBS Group AG from C$155.00 to C$185.00. This represents a 9.5% upside from the current price of C$169.00. | | Suncor Energy (TSE:SU) (NYSE:SU) had its price target raised by Jefferies Financial Group Inc. from C$66.00 to C$82.00. This represents a 1.1% downside from the current price of C$82.93. | | Tenaz Energy (TSE:TNZ) had its price target raised by Haywood Securities from C$55.00 to C$70.00. This represents a 19.7% upside from the current price of C$58.50. | | Wheaton Precious Metals (TSE:WPM) had its price target raised by National Bank Financial from C$240.00 to C$245.00. They now have an "outperform" rating on the stock. This represents a 28.5% upside from the current price of C$190.62. | | Wheaton Precious Metals (TSE:WPM) had its price target raised by TD Securities from C$164.00 to C$165.00. They now have a "buy" rating on the stock. This represents a 13.4% downside from the current price of C$190.62. |
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Analysts' Price Target Decreases on Monday, March 16 | | Enghouse Systems (TSE:ENGH) had its price target lowered by Royal Bank Of Canada from C$22.00 to C$20.00. They now have a "sector perform" rating on the stock. This represents a 30.4% upside from the current price of C$15.34. | | Enghouse Systems (TSE:ENGH) had its price target lowered by TD Securities from C$22.00 to C$17.00. They now have a "hold" rating on the stock. This represents a 10.8% upside from the current price of C$15.34. |
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Dividends Announced on Monday, March 16 | | AltaGas Ltd. (TSE:ALA) announced a quarterly dividend on Monday, March 16th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.334 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, March 16th. This is a 6.0% increase from AltaGas's previous quarterly dividend of $0.32. | | BCE Inc. (TSE:BCE) (NYSE:BCE) announced a quarterly dividend on Monday, March 16th. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.4375 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Monday, March 16th. | | InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.09 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Monday, March 16th. | | Keyera Corp. (TSE:KEY) declared a quarterly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.54 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, March 16th. | | Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.0013 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, March 16th. | | Paramount Resources Ltd. (TSE:POU) declared a monthly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.05 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, March 16th. | | Tourmaline Oil Corp. (TSE:TOU) declared a quarterly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.50 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, March 16th. | | TWC Enterprises Limited (TSE:TWC) announced a quarterly dividend on Monday, March 16th. Investors of record on Tuesday, March 31st will be given a dividend of 0.10 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, March 16th. This is a 11.1% increase from TWC Enterprises's previous quarterly dividend of $0.09. |
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Earnings Announced on Monday, March 16 | | Bridgemarq Real Estate Services (TSE:BRE) announced its quarterly results before the market opened on Friday, March 13th. The company reported $0.04 earnings per share (EPS) for the previous quarter. The company had revenue of $98.49 million for the quarter. The stock had previously closed at C$13.81. | | Solitario Resources (TSE:SLR) (NYSE:XPL) announced its quarterly results before the market opened on Friday, March 13th. The company reported $0.01 earnings per share (EPS) for the previous quarter. The stock had previously closed at C$1.23. | | Sernova (TSE:SVA) announced its quarterly results after the market closed on Friday, March 13th. The company reported $0.01 earnings per share (EPS) for the previous quarter. The stock had previously closed at C$0.16. | | Tree Island Steel (TSE:TSL) announced its quarterly results after the market closed on Friday, March 13th. The company reported ($0.13) earnings per share (EPS) for the previous quarter. The company had revenue of $34.31 million for the quarter. The stock had previously closed at C$2.60. | | Westshore Terminals Investment (TSE:WTE) announced its quarterly results after the market closed on Friday, March 13th. The company reported $0.66 earnings per share (EPS) for the previous quarter. The company had revenue of $69.15 million for the quarter. The stock had previously closed at C$32.57. |
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