The Globe and Mail reports in its Tuesday, Aug. 30, edition that BMO analyst Bert Powell says Onex ($79.68) continues to find opportunities despite a "competitive and challenging" investment environment. The Globe's David Leeder writes that Mr. Powell says: "Globally, leverage buyouts remain significantly low relative to last year and private equity dry powder remains high. Onex remains disciplined in its investment approach." Mr. Powell reiterated his "market perform" rating. The BMO stockpicker, however, bumped his target to $84 from $83.50. Analysts on average target the shares at$84.70. Mr. Powell says in a note: "It's still early to assess which sectors or locations might be mostly affected by the Brexit. But in the short to medium term, OCX believes it unlikely that there would be any real effect on the company's ability to invest in the region. Onex indicated that the negative currency impact due to the weaker sterling would not be as meaningful on the overall portfolio. Only 3 per cent of aggregate revenues across all 25 operating companies are generated in the U.K. For businesses that do have revenue in sterling, each one is addressing the situation appropriately to mitigate the risk."