Canadian Analyst Coverage Update: July 15th, 2025

Canadian Analyst Coverage Update: July 15th, 2025

Analyst Ratings (Canada)

AtkinsRéalis Group Inc. (ATRL:CA):
Desjardins Securities has upgraded their target price to $115.00, maintaining a Buy rating on the stock.

AutoCanada Inc. (ACQ:CA):
Canaccord Genuity has raised their target price to $28.00 and continues to recommend a Buy rating for AutoCanada.

B2Gold Corp. (BTO:CA):
Scotia Capital has maintained a Sector Perform rating on B2Gold, with a target price of $5.50.

Badger Infrastructure Solutions Ltd. (BDGI:CA):
Canaccord Genuity has increased their target price to $60.00 and maintains a Buy rating.

BCE Inc. (BCE:CA):
Scotia Capital has raised their target price to $39.50 for BCE Inc.

Blue Lagoon Resources (BLLG:CA):
Fundamental Research has initiated coverage on Blue Lagoon Resources with a Buy rating and a target price of $1.11.

Cameco Corp. (CCA:CA):
Scotia Capital has raised their target price for Cameco to $75.50.

Cineplex Inc. (CGX:CA):
TD Securities/Cowen have maintained their Buy rating with a target price of $16.00.

Coelacanth Energy Inc. (CEI:CA):
Roth Capital has initiated coverage on Coelacanth Energy with a Buy rating and a target price of $1.05.

Collective Mining (CNL:CA):
Scotia Capital has maintained an Outperform rating on Collective Mining, with a target price of $15.00.

Definity Financial (DFY:CA):
CIBC has maintained a Neutral rating for Definity Financial, setting a target price of $80.00.

Exchange Income Corp. (EIF:CA):
BMO Capital Markets has initiated a Market Perform rating with a target price of $59.00.

Granite REIT (GRT-UN:CA):
Scotia Capital has maintained an Outperform rating with a target price of $80.00.

Inplay Oil Corp. (IPO:CA):
Roth Capital has initiated coverage on Inplay Oil with a Buy rating and a target price of $18.00.

Intact Financial Corp. (IFC:CA):
CIBC has maintained a Neutral rating with a target price of $315.00 for Intact Financial.

InterRent REIT (IIP-UN:CA):
TD Securities/Cowen has downgraded InterRent REIT to a Sell rating, setting a target price of $13.55.

Logan Energy Corp. (LGN:CA):
Roth Capital has initiated a Buy rating on Logan Energy with a target price of $1.20.

Maple Leaf Foods (MFI:CA):
TD Securities/Cowen have raised their target price to $41.00, maintaining a Buy rating.

MTY Food Group Inc. (MTY:CA):
Acumen Capital has lowered their target price to $50.00 while maintaining a Buy rating. RBC Capital has also reduced the target price to $48.00.

PrairieSky Royalty Ltd. (PSK:CA):
TD Securities/Cowen has maintained a Buy rating with a target price of $27.00.  CIBC maintains a Neutral rating on PrairieSky Royalty Ltd. with a target price of $28.00.  Scotia Capital maintains a Sector Perform rating on PrairieSky Royalty Ltd., with a target price of $28.00 as well.

Quebecor Inc. (QBR-B:CA):
TD Securities/Cowen have maintained their Buy rating on Quebecor with a target price of $46.00. Scotia Capital has raised their target price to $40.50, but the rating remains unlisted.

Richelieu Hardware (RCH:CA):
CIBC has downgraded their rating to Neutral with a target price of $37.00.

RioCan REIT (REI-UN:CA):
National Bank has upgraded their rating to Outperform with a target price of $19.00.

Rogers Communication (RCI-B:CA):
Scotia Capital has raised their target price to $49.00,.

Saturn Oil & Gas Inc. (SOIL:CA):
Roth Capital has initiated coverage on Saturn Oil & Gas with a Buy rating and a target price of $6.00.

Stella-Jones Inc. (SJ:CA):
RBC Capital has raised the target price to $82.00.

Suncor Energy Inc. (SU:CA):
Jefferies & Co. has increased the target price to $53.00 for Suncor.

Surge Energy Inc. (SGY:CA):
Roth Capital has initiated coverage on Surge Energy with a Buy rating and a target price of $8.50.

Teck Resources Ltd. (TECK-B:CA):
Morningstar has maintained a Hold rating for Teck Resources with a target price of $48.00.

Telus Inc. (T:CA):
Scotia Capital has raised their target price for Telus to $25.00.

Thomson Reuters Corp. (TRI:CA):
TD Securities/Cowen have raised the target price for Thomson Reuters to $305.00, maintaining a Hold rating.

Versamet Royalties Corp. (VMET:CA):
Ventum Financial has initiated coverage on Versamet Royalties with a Buy rating and a target price of $2.00.

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