Analyst Ratings (Canada)
Analyst sentiment remained postitive today, with transportation emerging as the strongest sector after multiple target price increases and reaffirmed posiive ratings for the major Canadian railways. Optimistic momentum also extended to utilities, industrials, technology, healthcare, and income-oriented companies, where several firms received higher price targets, reflecting confidence in earnings growth and resilient business fundamentals. In contrast, the precious metals sector saw widespread target price reductions, particularly among gold producers, as analysts moderated valuation expectations following the sector’s strong rally, although most maintained positive long-term ratings.
38 Analyst Upates
Agnico Eagle Mines (AEM:CA) – RBC Capital lowered its target price to $297 from $325 while maintaining a Sector Perform rating.
Alamos Gold (AGI:CA) – RBC Capital reduced its target price to $59 from $73 and reiterated its Outperform rating.
Aya Gold & Silver (AYA:CA) – Scotiabank maintained its Outperform rating with a $29 target price.
Barrick Mining (ABX:CA) – RBC Capital lowered its target price to $49 from $51 while maintaining Outperform.
Canadian National Railway (CNR:CA) – Citigroup raised its target price to $199 from $175, maintaining a Buy rating.
Canadian National Railway (CNR:CA) – Desjardins Securities increased its target to $185 from $163 and reiterated Buy.
Canadian Pacific Kansas City (CP:CA) – Desjardins Securities raised its target price to $141 from $131, maintaining Buy.
Canadian Pacific Kansas City (CP:CA) – Citigroup lifted its target to $150 from $137 and maintained Buy.
Capital Power (CPX:CA) – BMO increased its target price to $85 from $75 while reiterating Outperform.
Cenovus Energy (CVE:CA) – JP Morgan lowered its target price to $45 from $47.
Diversified Royalty (DIV:CA) – Raymond James increased its target price to $5.00 from $4.70, maintaining Outperform.
DPM Metals (DPM:CA) – Scotiabank maintained its Outperform rating with a $59 target.
Excellon Resources (EXN:CA) – ATB Cormark initiated coverage with a Speculative Buy rating and a $0.65 target.
Exchange Income (EIF:CA) – National Bank raised its target price to $144 from $125, maintaining Outperform.
First Majestic Silver (AG:CA) – Scotiabank maintained its Sector Perform rating with a $32.50 target.
Franco-Nevada (FNV:CA) – RBC Capital lowered its target price to $403 from $417 while maintaining Outperform.
Gildan Activewear (GIL:CA) – Scotiabank maintained its Buy rating with an $80 target.
Ivanhoe Mines (IVN:CA) – Scotiabank maintained its Sector Perform rating with a $13.50 target.
K92 Mining (KNT:CA) – Scotiabank reiterated its Outperform rating and $32 target.
Kinross Gold (K:CA) – RBC Capital trimmed its target price to $55 from $56.50, maintaining Outperform.
Lundin Gold (LUG:CA) – Scotiabank maintained its Sector Perform rating with a $90 target.
Maple Leaf Foods (MFI:CA) – Stifel Nicolaus assigned a Buy rating with a $36 target price.
Mullen Group (MTL:CA) – RBC Capital increased its target price to $23 from $21, maintaining Outperform.
North West Company (NWC:CA) – Scotiabank maintained its Buy rating with a $63 target.
Orla Mining (OLA:CA) – RBC Capital reduced its target price to $19 from $28.
Stella-Jones (SJ:CA) – CIBC World Markets lowered its target price to $82 from $87.
Stella-Jones (SJ:CA) – RBC Capital also reduced its target to $82 from $85.
Tecsys (TCS:CA) – TD Securities initiated coverage with a Buy rating and a $39 target.
Tecsys (TCS:CA) – Scotiabank maintained its Buy rating with a $39 target.
TFI International (TFII:CA) – Citigroup lowered its target price to $258 from $266, maintaining Buy.
Tidewater Midstream (TWM:CA) – ATB Cormark increased its target price to $19 from $17 while maintaining Sector Perform.
TMX Group (X:CA) – Barclays Capital increased its target price to $59 from $58.
Trident Resources (ROCK:CA) – Ventum Capital initiated coverage with a Buy rating and a $7.30 target.
Waste Connections (WCN:CA) – Citigroup increased its target price to $257 from $255, maintaining a Neutral rating.
WELL Health Technologies (WELL:CA) – Canaccord Genuity raised its target price to $7.75 from $6.50 while reiterating Buy.
Westshore Terminals (WTE:CA) – RBC Capital increased its target price to $42 from $39, maintaining Outperform.
More Ratings:
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.
