08 March 2006

Price Targets for Cdn Banks

  
BMO
• BMO Nesbitt Burns maintains "market perform," 12-month target price is $70.00
• Blackmont Capital maintains "hold"
• CIBC World Markets target price is $70.00
• Desjardins Securities maintains "buy," target price raised to $75.50
• Dundee Securities target price is $71.00
• National Bank Financial downgrades to "underperform," target price raised to $74.00
• RBC Capital Markets downgrades to "underperform," 12-month target price is $67.00
• Scotia Capital downgrades to "underperform," 12-month target price is $72.00
• TD Newcrest maintains "hold," 12-month target price reduced to $72.00

BNS
• BMO Nesbitt Burns maintains "market perform," 12-month target price is $50.00
• Blackmont Capital maintains "hold," target price is to $49.00
• CIBC World Markets maintains "outperform," 12-month target price is $52.00
• Desjardins Securities maintains "top pick," target price is $52.50
• Dundee Securities downgrades to "neutral," 12-month target price is $50.00
• National Bank Financial maintains "underperform," 12-month target price is $51.00
• RBC Capital Markets maintains "sector perform," 12-month target price is $51.00
• TD Newcrest maintains "hold," 12-month target price raised to $49.00

CM
• BMO Nesbitt Burns maintains "outperform," 12-month target price raised to $90.00
• Blackmont Capital maintains a "buy," target price raised to $90.00
• Credit Suisse maintains "outperform," 12-month target price is $90.00
• Desjardins Securities maintains "buy," target price raised to $89.50
• RBC Capital Markets upgrades to "sector perform," 12-month target price is $84.00
• TD Newcrest maintains "hold," 12-month target price raised to $86.00
• UBS maintains "neutral," target price raised to $93.00

LB
• BMO Nesbitt Burns maintains "market perform," target price raised to $36.00
• National Bank Financial maintains "underperform," target price is $34.00
• Scotia Capital maintains "sector outperform," 1-year target price is $40.00

NA
• BMO Nesbitt Burns upgrades to "outperform," 12-month target price raised to $70.00
• Blackmont Capital maintains "hold"
• CIBC World Markets maintains "sector outperform," 12-month target price is $66.00
• Desjardins Securities maintains "hold," target price is $65.00
• Dundee Securities maintains "outperform," 12-month target price raised to $68.50
• Credit Suisse maintains "neutral," 12-month target price is $69.00
• National Bank Financial maintains "sector perform," 12-month target price is $72.00
• RBC Capital Markets downgrades to "sector perform," 12-month target price is $66.00
• TD Newcrest upgrades to "buy," 12-month target price raised to $71.00

RY
• BMO Nesbitt Burns maintains "market perform," 12-month target price raised to $103.00
• Blackmont Capital maintains "hold," target price raised to $103.00
• CIBC World Markets maintains "sector perform," 12-month target price raised to $104.00
• Desjardins Securities maintains "hold," target price raised to $104.00
• Dundee Securities maintains "neutral," target price is $103.00
• National Bank Financial maintains "sector perform," 12-month target price raised to $104.00
• RBC Capital Markets maintains an "outperform," target price is $107.00
• Scotia Capital maintains "sector outperform," 12-month target price is $115.00
• TD Newcrest maintains "buy," 12-month target price raised to $108.00
• UBS maintains "neutral," target price raised to $108.00

TD
• BMO Nesbitt Burns maintains "outperform," target price raised to $71.00
• Blackmont Capital maintains "hold," target price raised to $72.00
• CIBC World Markets maintains "sector outperform," target price raised to $70.00
• Desjardins Securities maintains "top pick," target price is $70.00
• Dundee Securities maintains "outperform," target price is $69.00
• National Bank Financial maintains "outperform," target price raised to $74.00
• RBC Capital Markets maintains "outperform," target price is $72.00
• Scotia Capital maintains "sector outperform," target price is $75.00
• UBS downgrades to "neutral," target price raised to $74.00
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