Analyst Ratings (Canada)
The following are today’s 53 entries of the latest analyst ratings tracked for Canadian-listed and Canadian-traded stocks, with several brokerages adjusting their outlooks and target prices in response to company-specific developments, earnings expectations, commodity fluctuations, and broader sector trends:
Analyst Coverage:
AG Growth International Inc. (AFN:CA)
CIBC raised its price target to $34.00 and maintained a Neutral rating.
AG Growth International Inc. (AFN:CA)
Cormark Securities initiated coverage with a Market Perform rating and a $35.00 target.
AG Growth International Inc. (AFN:CA)
ATB Capital initiated coverage with an Outperform rating and a $36.00 target.
AG Growth International Inc. (AFN:CA)
National Bank raised its target to $39.00 from $37.00 while maintaining an Outperform rating.
AG Growth International Inc. (AFN:CA)
Desjardins Securities cut its target to $40.00 from $47.00 while maintaining a Buy rating.
Bank of Montreal (BMO:CA)
CIBC maintained an Outperform rating, citing earnings durability and capital strength.
BCE Inc. (BCE:CA)
Scotiabank lowered its price target to $40.75 from $41.50 while maintaining an Outperform rating.
BCE Inc. (BCE:CA)
Desjardins Securities lowered its target to $41.00 from $42.00 and maintained a Buy rating.
Blackline Safety Corp. (BLN:CA)
TD Securities maintained a Hold rating with an $8.00 target.
Bombardier Inc. (BBD.B:CA)
RBC Capital increased its target to $287.00 from $263.00 while maintaining an Outperform rating.
CAE Inc. (CAE:CA)
TD Securities raised its target to $53.00 from $46.00 and maintained a Buy rating.
CAE Inc. (CAE:CA)
RBC Capital raised its target to $46.00 from $40.00 while maintaining a Sector Perform rating.
Canadian National Railway Co. (CNR:CA)
Desjardins Securities lowered its target to $160.00 from $161.00 while maintaining a Buy rating.
Canadian Pacific Kansas City Ltd. (CP:CA)
Desjardins Securities reduced its target to $130.00 from $133.00 while maintaining a Buy rating.
Chemtrade Logistics Income Fund (CHE.UN:CA)
Scotiabank maintained a Sector Perform rating with a $17.00 target.
Chemtrade Logistics Income Fund (CHE.UN:CA)
CIBC maintained an Outperform rating with a $19.00 target.
Cogeco Communications Inc. (CCA:CA)
Scotiabank raised its target to $74.25 from $74.00 while maintaining a Sector Perform rating.
Cogeco Communications Inc. (CCA:CA)
Desjardins Securities initiated coverage with a Hold rating and a $71.00 target.
Descartes Systems Group Inc. (DSG:CA)
Barclays upgraded the stock to Overweight and raised its target to $145 from $133.
DPM Metals (DPM:CA)
TD Securities maintained a Buy rating with a $42.00 target.
Emera Inc. (EMA:CA)
Bank of America downgraded the stock to Neutral, reflecting valuation considerations
Exchange Income Corp. (EIF:CA)
RBC Capital raised its target to $103.00 from $94.00 while maintaining an Outperform rating.
First Quantum Minerals Ltd. (FM:CA)
Jefferies raised its target to $47.00 from $38.00, reflecting stronger copper pricing.
G2 Goldfields Inc. (GTWO:CA)
Canaccord Genuity initiated coverage with a Speculative Buy rating and a $13.25 target.
Gibson Energy Inc. (GEI:CA)
TD Securities raised its target to $26.00 from $23.00 while maintaining a Hold rating.
Groupe Dynamite (GRGD:CA)
TD Securities maintained a Buy rating with a $97.00 target.
Integra Resources Corp. (ITR:CA)
Canaccord Genuity initiated coverage with a Speculative Buy rating and a $9.25 target.
K92 Mining Inc. (KNT:CA)
TD Securities maintained a Buy rating with a $23.00 target.
Kits Eyecare Ltd. (KITS:CA)
Haywood Securities raised its target to $26.00 from $20.00, reflecting earnings momentum.
Lithium Americas (LAC:CA)
Scotiabank raised its price target to $9.70, reflecting long-term lithium demand optimism.
Lithium Argentina (LAR:CA)
Scotiabank raised its target to $10.75 on improved project visibility.
Lundin Mining Corp. (LUN:CA)
Jefferies raised its target to $38.00 from $32.00, supported by copper exposure.
NanoXplore Inc. (GRA:CA)
Ventum Financial raised its target to $4.00 from $3.50 while maintaining a Buy rating.
NGEx Minerals Ltd. (NGEX:CA)
Canaccord Genuity raised its target to $33.50 from $23.00 while maintaining a Speculative Buy rating.
Pembina Pipeline Corp. (PPL:CA)
TD Securities lowered its target to $59.00 from $60.00 while maintaining a Buy rating.
Quebecor Inc. (QBR.B:CA)
Scotiabank raised its target to $51.75 from $48.00 while maintaining a Sector Perform rating.
Quebecor Inc. (QBR.B:CA)
Desjardins Securities raised its target to $54.00 from $53.00 while maintaining a Buy rating.
Rockpoint Gas Storage Inc. (RGSI:CA)
TD Securities raised its target to $28.00 from $26.00 while maintaining a Hold rating.
Rogers Communications Inc. (RCI.B:CA)
Scotiabank raised its target to $58.00 from $57.50 while maintaining a Sector Perform rating.
Rogers Communications Inc. (RCI.B:CA)
Desjardins Securities lowered its target to $55.00 from $57.00 while maintaining a Hold rating.
Shopify Inc. (SHOP:CA)
TD Securities maintained a Hold rating with a $220.00 target.
Teck Resources Ltd. (TECK.B:CA)
Jefferies raised its target to $80.00 from $71.00, reflecting stronger commodity pricing.
Telus Corp. (T:CA)
Scotiabank lowered its target to $22.50 from $26.00 while maintaining an Outperform rating.
Telus Corp. (T:CA)
Desjardins Securities maintained a Buy rating with a $23.00 target.
Terravest Industries Inc. (TVK:CA)
CIBC maintained a Neutral rating with a $175.00 target.
Terravest Industries Inc. (TVK:CA)
Canaccord Genuity raised its target to $209.00 from $195.00.
TFI International Inc. (TFII:CA)
Desjardins Securities raised its target to $173.00 from $170.00 while maintaining a Buy rating.
Outlook
Today’s analyst actions reinforce the continuing theme of a selectively constructive outlook for Canadian stocks. Upward target revisions were concentrated in mining, industrials, and transportation, supported by stronger commodity pricing and earnings visibility. Conversely, telecom stocks continue to face valuation and leverage headwinds, resulting in multiple target reductions despite largely unchanged ratings.
Overall, analysts continue to emphasize balance-sheet strength, cash flow durability, and sector-specific tailwinds, suggesting ongoing dispersion in performance across the Canadian market.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
