National Bank keeps Outperform on Ovintiv and changes targets for two companies
Per Dow Jones Newswires, National Bank kept Outperform on Ovintiv, raised its CCL Industries target and lowered Dominion Lending Centres' target.
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what happened
Dow Jones Newswires, citing Baystreet, reported several rating decisions by National Bank. The bank kept its Outperform rating on Ovintiv Inc. It raised its price target on CCL Industries Inc. to C$115.00 from C$106.00 per share, and cut the target on Dominion Lending Centres Inc. to C$12.00 from C$13.00 per share.
The changes concern individual stocks and do not point to a broad market shift.
why it matters
Updates like these matter mainly to investors following these companies, since ratings and price targets reflect an analyst's view rather than a change in underlying business conditions. For the wider market, the effect is limited.
tags
instruments
sources
- Ovintiv Inc. Is Maintained at Outperform by National Bank — Dow Jones Newswires, 28 October 2026 at 14:53 UTC
- CCL Industries Inc. Is Maintained at Outperform by National Bank — Dow Jones Newswires, 28 October 2026 at 14:52 UTC
- Dominion Lending Centres Inc. Is Maintained at Outperform by National Bank — Dow Jones Newswires, 28 October 2026 at 14:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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