Canadian Analyst Coverage Update: July 24th, 2025

Rogers Communications Inc. (RCI-B:CA): Scotiabank Updated Coverage

Analyst Ratings (Canada)

5N Plus Inc. (VNP:CA) had its target price raised to $14.00 by Ventum Financial, and maintained the Buy rating.

Altius Minerals Corporation (ALS:CA) was reiterated at Outperform by Scotiabank, with a target price of $35.00.

Boyd Group Services (BYD:CA) was maintained at a Buy rating by TD Securities, with a target of $280.00.

Cameco Corp (CCO:CA) received a target price increase to $110.00 from National Bank, which maintained its Outperform rating.

Capital Power Corporation (CPX:CA) was maintained at Outperform by Scotiabank, with a price target of $67.00.

Chartwell Retirement Residences (CSH-UN:CA) had its Buy rating reaffirmed by TD Securities, with a target of $21.00.

Coveo Solutions (CVO:CA) was reiterated at Buy by TD Securities, with a target of $10.00.

First Quantum Minerals Ltd. (FM:CA) was maintained at Sector Perform by Scotiabank, with a target of $27.00.

FirstService (FSV:CA) had its Buy rating reaffirmed by TD Securities, with a target price of $273.00.

Highlander Silver Corp (HSLV:CA) was initiated at Buy by Ventum Financial, with a target of $3.60.

Kraken Robotics Inc (PNG:CA) was downgraded to Hold by Canaccord Genuity, with a target price of $4.00.

Loblaw Companies (L:CA) was maintained at Buy by TD Securities, with a target of $245.00.

MAG Silver (MAG:CA) had its Outperform rating reiterated by Scotiabank, with a target of $28.50.

Mullen Group (MTL:CA) was maintained at Buy by TD Securities, with a target price of $18.00.

NFI Group Inc. (NFI:CA) was initiated at Sector Perform by Scotiabank, with a target price of $22.00.

Orla Mining (OLA:CA) was maintained at Hold by TD Securities with a $16.00 target.  Scotiabank reiterated an Outperform rating with a target of $18.00.

Rogers Communications (RCI-B:CA):

TD Securities raised its target to $58.00 and maintained a Buy rating,

Scotiabank reiterated a Sector Perform rating and raised the target price to $51.50.

Canaccord Genuity raised its target to $52.00 and maintained a Buy rating,

Desjardins Securities raised its target to $51.00 and kept a Buy rating.

Saputo Inc. (SAP:CA) was maintained at Buy by TD Securities, with a target of $35.00.

Spin Master Corp (TOY:CA) had its target cut to $33.00 by Stifel Nicolaus

StorageVault Canada (SVI:CA)

Scotiabank maintained its Outperform rating with a $5.00 target,

Desjardins Securities upgraded the stock to Buy with a $5.00 target,

TD Securities raised its target to $5.50 and maintained a Buy rating.

Teck Resources (TECK-B:CA) TD Securities maintained the Buy rating, with a price target of $64.00.

West Fraser Timber (WFG:CA):

TD Securities maintained the Buy rating, with a $133.00 target,

Scotiabank maintains the Outperform rating with a $136.00 target.

Whitecap Resources (WCP:CA)

Scotiabank maintained its Outperform rating with a $12.00 target,

Raymond James raised its target to $14.00 and maintained th Strong Buy rating,

TD Securities maintained a Buy rating, with a $14.00 target.

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