Canadian Analyst Updates: February 5th, 2026

Canadian Analyst Updates: February 5th, 2026

Analyst Ratings (Canada)

The following are today’s 48 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:

Alamos Gold Inc. (AGI:CA) — Scotiabank maintained its Outperform rating with a $212.00 price target.

Algonquin Power (AQN:CA) — Desjardins Securities raised its target to $10.00 from $9.50 while reiterating a Buy rating.

ATS Corp. (ATS:CA) — Scotiabank raised its price target to $48.00 from $47.00 and maintained an Outperform rating.

Aurora Cannabis (ACB:CA) — TD Securities maintained its Buy rating with a $10.00 target.

AutoCanada Inc. (ACQ:CA) — CIBC World Markets raised its target to $34.00 from $30.00.

Barrick Mining (ABX:CA) — TD Securities maintained its Buy rating with an $83.50 price target.

BCE Inc. (BCE:CA) — TD Securities reiterated a Buy rating with a $38.00 target.

Boardwalk REIT (BEI.UN:CA) — National Bank raised its target to $82.50 from $80.00 and maintained an Outperform rating.

Brookfield Asset Management (BAM:CA) — Scotiabank lowered its target to $87.50 while maintaining an Outperform rating.

Brookfield Asset Management Ltd. (BAM:CA) — BMO Capital Markets raised its target to $79.00 and maintained an Outperform rating.

Cameco Corp. (CCO:CA) — Bernstein raised its target to $201.00 from $139.00.

Cardinal Energy Ltd. (CJ:CA) — CIBC World Markets raised its target to $11.00 from $7.75 and reiterated an Outperform rating.

Cardinal Energy Ltd. (CJ:CA) — Raymond James raised its target to $9.50 from $9.00 and maintained a Market Perform rating.

Cardinal Energy Ltd. (CJ:CA) — RBC Capital raised its target to $9.50 from $9.00 with an Outperform rating.

CCL Industries Inc. (CCL.B:CA) — National Bank raised its target to $100.00 from $97.00 and maintained an Outperform rating.

Celestica Inc. (CLS:CA) — TD Securities maintained a Hold rating with a $450.00 target.

Dream Office REIT (D.UN:CA) — National Bank raised its target to $20.00 from $19.00 and maintained a Sector Perform rating.

Equinox Gold Corp. (EQX:CA) — CIBC World Markets lowered its target to $26.50 from $31.00 and reiterated a Neutral rating.

Ero Copper Corp. (ERO:CA) — TD Securities maintained a Hold rating with a $45.00 target.

Extendicare Inc. (EXE:CA) — National Bank raised its target to $29.00 from $24.50 and maintained an Outperform rating.

Fiera Capital Corp. (FSZ:CA) — TD Securities cut its target to $6.50 from $7.00 and maintained a Hold rating.

FirstService Corp. (FSV:CA) — TD Securities raised the target to $296.00 from $288.00 while maintaining a Buy rating.

Great-West Lifeco Inc. (GWO:CA) — Scotiabank raised its target to $70.00 from $68.00 and reiterated an Outperform rating.

H&R REIT (HR.UN:CA) — National Bank raised its target to $11.50 from $10.75 and maintained a Sector Perform rating.

Healwell AI Inc. (AIDX:CA) — Ventum Financial raised its target to $3.25 from $2.76 and reiterated a Buy rating.

IA Financial Corp. (IAG:CA) — Scotiabank raised its target to $188.00 from $179.00 and maintained an Outperform rating.

IGM Financial Inc. (IGM:CA) — TD Securities raised its target to $73.00 from $64.00 and reiterated a Buy rating.

Lightspeed Commerce Inc. (LSPD:CA) — TD Securities maintained a Hold rating with a $20.50 target.

Linamar Corp. (LNR:CA) — TD Securities raised its target to $103.00 from $96.00.

Manulife Financial Corp. (MFC:CA) — Scotiabank raised its target to $55.00 from $53.00 and reiterated an Outperform rating.

NFI Group Inc. (NFI:CA) — TD Securities maintained a Buy rating with a $25.00 target.

Sangoma Technologies Corp. (STC:CA) — Stifel Nicolaus lowered its target to $10.00 from $12.00 while maintaining a Buy rating.

Sangoma Technologies Corp. (STC:CA) — TD Securities maintained a Buy rating with a $10.00 target.

Sun Life Financial Inc. (SLF:CA) — Scotiabank raised its target to $93.00 from $87.00 and maintained a Sector Perform rating.

Suncor Energy Inc. (SU:CA) — ATB Capital raised its target to $71.00 from $68.00 and maintained a Sector Perform rating.

Suncor Energy Inc. (SU:CA) — RBC Capital raised its target to $75.00 from $69.00 and reiterated an Outperform rating.

Suncor Energy Inc. (SU:CA) — Raymond James raised its target to $76.00 from $73.00 and maintained an Outperform rating.

Suncor Energy Inc. (SU:CA) — Desjardins Securities raised its target to $85.00 from $79.00 and reiterated a Buy rating.

TerraVest Industries Inc. (TVK:CA) — Scotiabank raised its target to $184.50 from $179.00 and maintained an Outperform rating.

Thomson Reuters Corp. (TRI:CA) — TD Securities maintained a Buy rating with a $285.00 target.

Winpak Ltd. (WPK:CA) — National Bank raised its target to $48.00 from $47.00 and reiterated an Outperform rating.

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