Canadian Analyst Updates: March 6th, 2026

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Analyst Ratings (Canada)

The following are today’s 94 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:

Advantage Energy Ltd. (AAV:CA) was maintained at Buy by TD Securities with a $14.00 price target.

Advantage Energy Ltd. (AAV:CA) was maintained at Outperform by Scotiabank with a $20.00 price target.

Aecon Group Inc. (ARE:CA) was maintained at Buy by TD Securities with a $39.00 price target.

A&W Food Services of Canada Inc. (AW:CA) had its price target lowered to $40.00 from $42.00 by RBC Capital with a Sector Perform rating.

AirBoss of America Corp. (BOS:CA) had its price target raised to $7.00 from $5.00 by National Bank with a Sector Perform rating.

Algonquin Power & Utilities Corp. (AQN:CA) was maintained at Hold by TD Securities with a $9.00 price target.

Algonquin Power & Utilities Corp. (AQN:CA) was maintained at Neutral by CIBC with a $9.00 price target.

AltaGas Ltd. (ALA:CA) was maintained at Buy by TD Securities with a $48.00 price target.

AltaGas Ltd. (ALA:CA) was maintained at Outperform by CIBC with a $50.00 price target.

Athabasca Oil Corp. (ATH:CA) had its price target raised to $8.00 from $6.50 by TD Securities with a Hold rating.

Automotive Properties REIT (APR.UN:CA) was maintained at Hold by TD Securities with a $12.50 price target.

Automotive Properties REIT (APR.UN:CA) had its price target raised to $13.00 from $12.50 by RBC Capital with an Outperform rating.

Automotive Properties REIT (APR.UN:CA) had its price target raised to $13.00 from $12.50 by Raymond James with an Outperform rating.

Automotive Properties REIT (APR.UN:CA) had its price target raised to $13.50 from $13.00 by Canaccord Genuity with a Buy rating.

Automotive Properties REIT (APR.UN:CA) had its price target raised to $12.50 from $12.00 by BMO Capital Markets with a Market Perform rating.

Badger Infrastructure Solutions Ltd. (BDGI:CA) was maintained at Buy by TD Securities with a $83.00 price target.

Badger Infrastructure Solutions Ltd. (BDGI:CA) was maintained at Outperform by CIBC with a $86.00 price target.

Badger Infrastructure Solutions Ltd. (BDGI:CA) had its price target lowered to $80.00 from $85.00 by BMO Capital Markets with a Market Perform rating.

Blackline Safety Corp. (BLN:CA) was maintained at Hold by TD Securities with a $8.00 price target.

Canaccord Genuity Group Inc. (CF:CA) was maintained at Buy by TD Securities with a $16.00 price target.

Canadian Natural Resources Ltd. (CNQ:CA) had its price target raised to $65.00 from $56.00 by ATB Cormark with an Outperform rating.

Canadian Natural Resources Ltd. (CNQ:CA) had its price target raised to $70.00 from $50.00 by BMO Capital Markets with an Outperform rating.

Canadian Natural Resources Ltd. (CNQ:CA) had its price target raised to $55.00 from $53.00 by Raymond James with an Outperform rating.

Canadian Natural Resources Ltd. (CNQ:CA) had its price target raised to $65.00 from $61.00 by RBC Capital with an Outperform rating.

Canadian Natural Resources Ltd. (CNQ:CA) had its price target raised to $64.00 from $51.00 by TD Securities with a Buy rating.

Canadian Natural Resources Ltd. (CNQ:CA) had its price target raised to $62.00 from $58.00 by Scotiabank with an Outperform rating.

Canadian Natural Resources Ltd. (CNQ:CA) had its price target raised to $59.00 from $54.00 by National Bank with a Sector Perform rating.

Capital Power Corp. (CPX:CA) was maintained at Buy by TD Securities with a $80.00 price target.

Cameco Corporation (CCO:CA) was maintained at Outperform by CIBC with a $202.00 price target.

Canfor Corp. (CFP:CA) was maintained at Buy by TD Securities with a $16.00 price target.

Colliers International Group Inc. (CIGI:CA) was maintained at Outperform by Scotiabank with a $219.00 price target.

Constellation Software Inc. (CSU:CA) was maintained at Buy by TD Securities with a $4,000.00 price target.

Dollarama Inc. (DOL:CA) had its price target lowered to $225.00 from $226.00 by National Bank with an Outperform rating.

Doman Building Materials Group Ltd. (DBM:CA) was maintained at Buy by TD Securities with a $12.00 price target.

DPM Metals Inc. (DPM:CA) had its price target raised to $70.00 from $62.00 by Canaccord Genuity.

EMPIRE Company Limited (EMP-A:CA) was maintained at Outperform by CIBC with a $53.00 price target.

Endeavour Mining PLC (EDV:CA) was maintained at Outperform by Scotiabank with a $90.00 price target.

Ensign Energy Services Inc. (ESI:CA) was maintained at Hold by TD Securities with a $3.50 price target.

Ensign Energy Services Inc. (ESI:CA) had its price target raised to $4.00 from $3.00 by CIBC with a Neutral rating.

Ero Copper Corp. (ERO:CA) was maintained at Outperform by Scotiabank with a $50.00 price target.

Headwater Exploration Inc. (HWX:CA) had its price target raised to $14.00 from $10.00 by CIBC with an Outperform rating.

Headwater Exploration Inc. (HWX:CA) had its price target raised to $11.75 from $11.00 by Desjardins Securities with a Hold rating.

Headwater Exploration Inc. (HWX:CA) had its price target raised to $13.00 from $11.50 by National Bank with an Outperform rating.

Headwater Exploration Inc. (HWX:CA) had its price target raised to $13.50 from $11.00 by BMO Capital Markets with an Outperform rating.

InPlay Oil Corp. (IPO:CA) had its price target raised to $17.50 from $17.00 by Acumen Capital with a Buy rating.

Kinaxis Inc. (KXS:CA) had its price target lowered to $200.00 from $225.00 by Canaccord Genuity.

Kinaxis Inc. (KXS:CA) had its price target lowered to $200.00 from $229.00 by TD Securities with a Buy rating.

Kinaxis Inc. (KXS:CA) was maintained at Outperform by Scotiabank with a $200.00 price target.

Lassonde Industries Inc. (LAS.A:CA) had its price target raised to $258.00 from $247.00 by National Bank with a Sector Perform rating.

Linamar Corp. (LNR:CA) had its price target raised to $105.00 from $99.00 by CIBC World Markets.

Lumine Group Inc. (LMN:CA) had its price target raised to $39.00 from $36.00 by Desjardins Securities with a Buy rating.

Maple Leaf Foods Inc. (MFI:CA) was maintained at Buy by TD Securities with a $42.00 price target.

Maple Leaf Foods Inc. (MFI:CA) had its price target raised to $35.00 from $32.00 by Stifel Nicolaus with a Buy rating.

Maple Leaf Foods Inc. (MFI:CA) had its price target raised to $34.00 from $33.00 by National Bank with an Outperform rating.

Maple Leaf Foods Inc. (MFI:CA) had its price target raised to $30.00 from $27.00 by Scotiabank with a Sector Perform rating.

Martinrea International Inc. (MRE:CA) had its price target raised to $15.00 from $14.00 by TD Securities with a Buy rating.

Martinrea International Inc. (MRE:CA) had its price target lowered to $10.50 from $11.00 by BMO Capital Markets with a Market Perform rating.

Methanex Corp. (MX:CA) was maintained at Outperform by Scotiabank with a $81.00 price target.

NexGen Energy Ltd. (NXE:CA) had its price target raised to $20.00 from $18.00 by Raymond James with an Outperform rating.

NexGen Energy Ltd. (NXE:CA) had its price target raised to $18.00 from $16.00 by Scotiabank with an Outperform rating.

NexGen Energy Ltd. (NXE:CA) had its price target raised to $20.00 from $15.00 by RBC Capital with an Outperform rating.

NexGen Energy Ltd. (NXE:CA) had its price target raised to $30.00 from $22.00 by Stifel Nicolaus with a Buy rating.

Nexus Industrial REIT (NXR-UN:CA) was maintained at Hold by TD Securities with a $8.00 price target.

Nexus Industrial REIT (NXR-UN:CA) was maintained at Neutral by CIBC with a $8.00 price target.

Pan American Silver Corp. (PAAS:CA) was maintained at Outperform by Scotiabank with a $64.00 price target.

Savaria Corp. (SIS:CA) had its price target raised to $29.00 from $28.00 by Stifel Nicolaus with a Buy rating.

Savaria Corp. (SIS:CA) had its price target raised to $32.00 from $27.00 by Desjardins Securities with a Buy rating.

Savaria Corp. (SIS:CA) had its price target raised to $30.50 from $30.00 by National Bank with an Outperform rating.

Savaria Corp. (SIS:CA) had its price target raised to $32.00 from $27.00 by Raymond James with an Outperform rating.

Savaria Corp. (SIS:CA) had its price target raised to $30.00 from $29.00 by Scotiabank with an Outperform rating.

Savaria Corp. (SIS:CA) had its price target raised to $32.00 from $30.00 by ATB Cormark with an Outperform rating.

South Bow Corp. (SOBO:CA) was maintained at Hold by TD Securities with a $40.00 price target.

South Bow Corp. (SOBO:CA) had its price target raised to $34.00 by Scotiabank with a Sector Perform rating.

Spin Master Corp. (TOY:CA) had its price target raised to $38.00 from $36.00 by ATB Cormark with an Outperform rating.

Spin Master Corp. (TOY:CA) had its price target lowered to $20.00 from $22.00 by Canaccord Genuity with a Hold rating.

Spin Master Corp. (TOY:CA) had its price target lowered to $25.00 from $27.00 by RBC Capital with an Outperform rating.

Spin Master Corp. (TOY:CA) had its price target raised to $21.00 from $20.00 by Stifel Nicolaus with a Hold rating.

Tecsys Inc. (TCS:CA) had its price target raised to $32.00 from $29.00 by National Bank with a Sector Perform rating.

Tecsys Inc. (TCS:CA) was upgraded to Outperform by ATB Cormark with a $40.00 price target.

Thomson Reuters Corp. (TRI:CA) was maintained at Buy by TD Securities with a $175.00 price target.

Tourmaline Oil Corp. (TOU:CA) had its price target lowered to $73.00 from $74.00 by ATB Cormark with an Outperform rating.

Tourmaline Oil Corp. (TOU:CA) had its price target lowered to $72.00 from $76.00 by RBC Capital with an Outperform rating.

Vizsla Royalties Corp. (VROY:CA) was downgraded to Neutral from Outperform by CIBC World Markets.

Yangarra Resources Ltd. (YGR:CA) had its price target raised to $1.25 from $1.00 by National Bank with a Sector Perform rating.

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