Analyst Ratings (Canada)
The following are today’s 49 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 Updates:
Ag Growth International Inc. (AFN:CA): TD Securities set a $41.00 target price while reiterating its Buy rating.
Ag Growth International Inc. (AFN:CA): RBC Capital raised its price target to $30.00 from $25.00 while maintaining a Sector Perform rating.
ATEX Resources (ATX:CA): TD Securities maintained its Buy rating with a $4.25 price target.
Athabasca Oil Corp. (ATH:CA): RBC Capital lowered its price target to $7.00 from $7.50 while maintaining an Outperform rating.
Aya Gold & Silver Inc. (AYA:CA): CIBC World Markets raised its price target to $30.00 from $27.00.
Baytex Energy Corp. (BTE:CA): RBC Capital downgraded the stock to Sector Perform.
Birchcliff Energy Ltd. (BIR:CA): CIBC World Markets downgraded the stock to Neutral from Outperform and lowered its price target to $8.50 from $9.50.
Blackline Safety Corp. (BLN:CA): TD Securities maintained its Hold rating with an $8.00 price target.
BRP Inc. (DOO:CA): Citigroup raised its price target to $128.00 from $122.00 while maintaining a Buy rating.
Canadian Apartment Properties REIT (CAR.UN:CA): TD Securities maintained its Buy rating with a $47.00 price target.
Canadian Natural Resources Ltd. (CNQ:CA): RBC Capital lowered its price target to $61.00 from $62.00 while maintaining an Outperform rating.
Cardinal Energy Ltd. (CJ:CA): CIBC World Markets lowered its price target to $8.00 from $8.25.
Cenovus Energy Inc. (CVE:CA): RBC Capital lowered its price target to $29.00 from $32.00 while maintaining an Outperform rating.
Discovery Silver Corp. (DSV:CA): CIBC World Markets raised its price target to $12.50 from $9.50, while maintaining an Outperform rating.
DPM Metals (DPM:CA): TD Securities maintained its Outperform rating with a $43.00 price target.
Endeavour Silver Corp. (EDR:CA): CIBC World Markets raised its price target to $20.00 from $18.00, and maintained the “Outperform” rating.
Exchange Income Corp. (EIF:CA): Canaccord Genuity raised its price target to $107.00 from $85.00 while maintaining a Buy rating.
G Mining Ventures (GMIN:CA): TD Securities maintained its Buy rating with a $39.00 price target.
Groupe Dynamite Inc. (GRGD:CA): TD Securities maintained an Outperform rating with a $96.00 price target.
Groupe Dynamite Inc. (GRGD:CA): Canaccord Genuity raised its price target to $99.00 from $96.00 while maintaining a Buy rating.
Groupe Dynamite Inc. (GRGD:CA): CIBC World Markets raised its price target to $96.00 from $92.00 while maintaining an Outperform rating.
Groupe Dynamite Inc. (GRGD:CA): BMO Capital Markets raised its price target to $98.00 from $97.00 while maintaining an Outperform rating.
Groupe Dynamite Inc. (GRGD:CA): RBC Capital raised its price target to $100.00 from $95.00.
Groupe Dynamite Inc. (GRGD:CA): National Bank raised its price target to $100.00 from $98.00 while maintaining an Outperform rating.
Hercules Silver Corp. (HSLV:CA): CIBC lowered its price target to $6.50 from $8.00 while maintaining an Outperform rating.
Highlander Silver Corp. (HSLV:CA): CIBC World Markets raised its price target to $8.00 from $6.50.
Imperial Oil Ltd. (IMO:CA): RBC Capital lowered its price target to $116.00 from $118.00 while maintaining a Sector Perform rating..
K92 Mining Inc. (KNT:CA): Canaccord Genuity raised its price target to $25.50 from $24.75 while maintaining a Buy rating.
K92 Mining Inc. (KNT:CA): Ventum Financial raised its price target to $29.00 from $24.00 while maintaining a Buy rating.
K92 Mining Inc. (KNT:CA): RBC Capital raised its price target to $36.00 from $32.00 while maintaining an Outperform rating.
Logan Energy Corp. (LGN:CA): CIBC World Markets downgraded the stock to Neutral and lowered its price target to $0.95 from $1.15.
Lundin Gold Inc. (LUG:CA): BMO Capital Markets raised its price target to $125.00 from $118.00.
Lundin Gold Inc. (LUN:CA): TD Securities maintained its Hold rating with a $95.00 price target.
Lundin Mining Corp. (LUN:CA): TD Securities maintained its Sector Perform rating with a $70.00 price target.
Lundin Mining Corp. (LUN:CA): Goldman Sachs raised its price target to $35.80 from $23.90.
Maple Leaf Foods Inc. (MFI:CA): TD Securities maintained its Outperform rating with a $35.00 price target.
NGEx Minerals Ltd. (NGEX:CA): BMO Capital Markets raised its price target to $35.00 from $31.00.
Orla Mining Ltd. (OLA:CA): National Bank set a $27.00 price target and assigned an Outperform rating.
Pan American Silver Corp. (PAAS:CA): CIBC lowered its price target to $87.00 from $97.00 while maintaining an Outperform rating.
Parex Resources Inc. (PXT:CA): RBC Capital lowered its price target to $20.00 from $21.00 while maintaining a Sector Perform rating.
Peyto Exploration & Development Corp. (PEY:CA): CIBC World Markets upgraded the stock to Outperform and raised its price target to $25.00 from $21.00.
Precision Drilling Corp. (PD:CA): CIBC World Markets raised its price target to $120.00 from $110.00.
Quebecor Inc. (QBR.B:CA): Canaccord Genuity downgraded the stock to Hold from Buy and raised its price target to $51.25 from $50.00.
Rogers Communications Inc. (RCI.B:CA): Canaccord Genuity raised its price target to $57.00 from $55.00 while maintaining a Buy rating.
Skeena Resources Ltd. (SKE:CA): CIBC World Markets raised its price target to $44.00 from $40.00.
Spin Master Corp. (TOY:CA): National Bank lowered its price target to $25.00 from $27.00.
Strathcona Resources Ltd. (SCR:CA): RBC Capital lowered its price target to $35.00 from $40.00 while maintaining an Outperform rating.
Suncor Energy Inc. (SU:CA): RBC Capital lowered its price target to $69.00 from $70.00 while maintaining an Outperform rating.
Taseko Mines Ltd. (TKO:CA): TD Securities maintained its Buy rating with a $6.50 price target.
Tourmaline Oil Corp. (TOU:CA): CIBC World Markets lowered its price target to $66.00 from $71.00.
Vizsla Silver Corp. (VZLA:CA): CIBC lowered its price target to $10.25 from $10.50 while maintaining an Outperform rating.
Wheaton Precious Metals Corp. (WPM:US): CIBC lowered its price target to $222.00 from $243.00 while maintaining an Outperform rating.
Outlook
The latest analyst updates suggest a continuation of the cautious but selective theme for the current market environment. Analysts are optimistic on companies with strong cash flows, solid balance sheets, and commodity exposure, particularly in mining and materials, while trimming targets or downgrading ratings in sectors facing near-term earnings pressure or valuation concerns.
Overall, the market outlook favors fundamentals-driven stock selection over broad sector bets, with opportunities concentrated in resilient, well-managed companies. Incremental analyst revisions indicate a measured, disciplined approach, signaling steady but cautious growth potential for Canadian stocks in the coming months facing increasing macro headwinds.

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.