Latest Canadian Analyst Ratings: June 3rd, 2025

Canadian Analyst Ratings: October 3rd, 2025

Canadian Ratings

Algoma Steel Group Inc (ASTL:CA)
Stifel Nicolaus maintained a Buy rating and lowered the target price to CAD 13, while BMO Capital Markets downgraded the stock to Market Perform with a target of CAD 8.

Algonquin Power & Utilities Corp (AQN:CA)
TD Securities maintained a Hold rating with a target price of CAD 6.

ARC Resources Ltd. (ARX:CA)
Desjardins Securities maintained a Buy rating and raised the target price to CAD 36.

Arizona Metals Corp. (AMC:CA)
BMO Capital Markets lowered the target price to CAD 2.75.

Arizona Sonoran Copper Company Inc (ASCU:CA)
TD Securities maintained a Buy rating with a target price of CAD 4.25.

Artemis Gold Inc (ARTG:CA)
BMO Capital Markets raised the target price to CAD 27.

Aritzia Inc (ATZ:CA)
Raymond James maintained an Outperform rating and raised the target price to CAD 78.

CAE Inc. (CAE:CA)
Scotia Capital maintained an Outperform rating with a target price of CAD 42.

Canadian Natural Resources Ltd (CNQ:CA)
Desjardins Securities maintained a Buy rating but lowered the target price to CAD 50.

Canopy Growth Corp (WEED:CA)
ATB Capital Markets downgraded the stock to Underperform and lowered the target price to CAD 1.6.

Cenovus Energy Inc (CVE:CA)
Desjardins Securities maintained a Buy rating and raised the target price to CAD 25.

Cogeco Communications Inc (CCA:CA)
TD Securities maintained a Buy rating with a target price of CAD 98.

Collective Mining Ltd (CNL:CA)
Scotia Capital maintained an Outperform rating with a target price of CAD 15.

Delivra Health Brands Inc (DHB:CA)
Fundamental Research issued a Buy rating with a target price of CAD 0.72.

Descartes Systems Group Inc (DSG:CA)
Scotia Capital maintained an Outperform rating with a target price of CAD 174.

Dye & Durham Ltd (DND:CA)
Morningstar maintained an Outperform rating with a target price of CAD 17.

Enbridge Inc (ENB:CA)
Barclays raised the target price to CAD 65.

Groupe Dynamite Inc (GRGD:CA)
National Bank Financial maintained an Outperform rating with a target of CAD 23, while BMO Capital Markets downgraded the stock to Market Perform with a target of CAD 42.

Imperial Oil Ltd (IMO:CA)
Desjardins Securities downgraded the stock to Sell with a target price of CAD 89.

InterRent REIT (IIP-UN:CA)
Desjardins Securities downgraded the stock to Hold with a target price of CAD 14.

Ivanhoe Mines Ltd. (IVN:CA)
TD Securities maintained a Buy rating but lowered the target price to CAD 16, while Canaccord Genuity also lowered the target to CAD 24.

K-Bro Linen Inc. (KBL:CA)
Raymond James maintained an Outperform rating and raised the target to CAD 48; Acumen Capital Partners maintained a Buy rating with a higher target of CAD 54.

Kidoz Inc. (KDOZ:CA)
Fundamental Research issued a Buy rating with a target price of CAD 0.73.

Laurentian Bank of Canada (LB:CA)
Desjardins Securities maintained a Sell rating with a target price of CAD 29, while National Bank Financial maintained an Underperform rating and raised the target to CAD 28.

Lithium Americas Corp (LAC:CA)
Morningstar maintained a Buy rating with a target price of CAD 7.75.

Lycos Energy Inc (LCX:CA)
ATB Capital Markets maintained an Outperform rating but lowered the target to CAD 2.25; National Bank Financial downgraded it to Sector Perform with a target of CAD 2.

Maple Leaf Foods Inc (MFI:CA)
Stifel Nicolaus issued a Buy rating with a target price of CAD 36.5.

Osisko Development Corp (ODV:CA)
RBC upgraded the stock to Outperform with a target price of CAD 5.

Parkland Fuel Corp (PKI:CA)
BMO Capital Markets downgraded the stock to Market Perform with a target price of CAD 42.

Pembina Pipeline Corp (PPL:CA)
Barclays lowered the target price to CAD 58.

Power Nickel Inc (PNPN:CA)
Fundamental Research issued a Buy rating with a target price of CAD 1.68.

Quebecor Inc (QBR-B:CA)
Desjardins Securities maintained a Buy rating and raised the target price to CAD 44.

Silver X Mining Corp (AGX:CA)
Fundamental Research issued a Buy rating with a target price of CAD 0.76.

SNC-Lavalin Group Inc. (ATRL:CA)
National Bank Financial maintained an Outperform rating and raised the target price to CAD 98.

Suncor Energy Inc (SU:CA)
Desjardins Securities maintained a Buy rating but lowered the target price to CAD 60.

Tamarack Valley Energy Ltd (TVE:CA)
Desjardins Securities downgraded the stock to Hold with a target price of CAD 5.

Tourmaline Oil Corp. (TOU:CA)
Desjardins Securities maintained a Hold rating and lowered the target to CAD 74.

Whitecap Resources Inc. (WCP:CA)
Desjardins Securities downgraded the stock to Hold with a target price of CAD 10.

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