Analyst Ratings (Canada)
Today’s analyst outlook is moderately bullish, with the strongest confidence concentrated in Canadian financials, technology, energy and selected mining companies. Canadian banks are benefiting from strong earnings and capital market activity, while technology remains supported by AI infrastructure and software spending. Energy and materials also received several positive target revisions, although weaker oil prices and commodity volatility remain risks, while real estate, industrials and consumer stocks maintain a generally stable outlook. Analysts remain positive on the market but increasingly selective, with earnings growth, valuations, interest rates, commodity prices and AI spending expected to drive sector leadership going forward.
39 Analyst Updates
Alimentation Couche-Tard Inc. (ATD:CA): RBC Capital assigned a target price of $111.00 and maintained an Outperform rating.
Bank of Montreal (BMO:CA): Scotiabank raised its target price to $270.00 from $268.00 and maintained a Sector Outperform rating.
Bank of Montreal (BMO:CA): RBC Capital raised its target price to $241.00 from $230.00 and maintained a Sector Perform rating.
Bank of Montreal (BMO:CA): Bank of America raised its target price to $262.00 from $259.00.
Bank of Montreal (BMO:CA): RBC Capital raised its target price to $241.00 from $230.00.
Bank of Montreal (BMO:CA): National Bank lowered its target price to $271.00 from $278.00 and maintained a Sector Perform rating.
Bank of Montreal (BMO:CA): Canaccord Genuity raised its target price to $271.00 from $265.00 and maintained a Buy rating.
Bank of Montreal (BMO:CA): Scotiabank raised its target price to $270.00 and maintained an Outperform rating.
Bank of Montreal (BMO:CA): TD Securities maintained its Buy rating with a $263.00 target price.
Bank of Nova Scotia (BNS:CA): Canaccord Genuity raised its target price to $127.00 from $121.00 and maintained a Hold rating.
Bank of Nova Scotia (BNS:CA): Raymond James raised its target price to $139.00 from $137.00 and maintained an Outperform rating.
Bank of Nova Scotia (BNS:CA): RBC Capital raised its target price to $129.00 from $117.00 and maintained a Sector Perform rating.
Bank of Nova Scotia (BNS:CA): TD Securities upgraded the stock to Buy and raised its target price to $141.00 from $124.00.
Bank of Nova Scotia (BNS:CA): National Bank upgraded the stock to Outperform and raised its target price to $142.00 from $128.00.
Bank of Nova Scotia (BNS:CA): Keefe Bruyette & Woods raised its target price to $152.00 from $148.00 and maintained an Outperform rating.
Bank of Nova Scotia (BNS:CA): Bank of America raised its target price to $134.00 from $131.00.
Cabral Gold Inc. (CBR:CA): Stifel Nicolaus initiated coverage with a Buy rating and a $1.70 target price.
Calian Group Ltd. (CGY:CA): CIBC maintained an Outperform rating with a $107.00 target price.
Canadian Apartment Properties REIT (CAR-UN:CA): TD Securities maintained a Buy rating with a $45.00 target price.
Canadian Natural Resources (CNQ:CA): CIBC raised its target price to $75.00 from $70.00 and maintained an Outperform rating.
Celestica Inc. (CLS:CA): RBC Capital raised its target price to $624.50 and maintained an Outperform rating.
Cenovus Energy Inc. (CVE:CA): CIBC raised its target price to $52.00 from $48.00 and maintained an Outperform rating.
Collective Mining Ltd. (CNL:CA): TD Securities maintained an Outperform rating with a $235.00 target price.
Constellation Software Inc. (CSU:CA): RBC Capital maintained an Outperform rating with a $4,400.00 target price.
Enbridge Inc. (ENB:CA): CIBC maintained a Neutral rating with a $77.00 target price.
Evolution PowerX Corp. (E:CA): Fundamental Research maintained a Buy rating with a $2.60 target price.
Kinaxis Inc. (KXS:CA): RBC Capital maintained an Outperform rating with a $210.00 target price.
National Bank of Canada (NA:CA): CIBC maintained an Outperform rating with a $249.00 target price.
National Bank of Canada (NA:CA): TD Securities raised its target price to $227.00 from $226.00 and maintained a Hold rating.
North West Company Inc. (NWC:CA): TD Securities maintained a Buy rating with a $63.00 target price.
Olympia Financial Group Inc. (OLY:CA): Fundamental Research maintained a Buy rating with a $166 target price.
Orezone Gold Corporation (ORE:CA): CIBC maintained a Neutral rating with a $3.50 target price.
Shopify Inc. (SHOP:CA): RBC Capital maintained an Outperform rating with a $250.00 target price.
Summit Royalties Ltd. (SUM:CA): Canaccord Genuity initiated coverage with a Buy rating and a $2.50 target price.
Teck Resources Ltd. (TECK.B:CA): Raymond James raised its target price to $105.00 from $93.00 and maintained an Outperform rating.
Thomson Reuters Corp. (TRI:CA): TD Securities maintained a Buy rating with a $200.00 target price.
Whitecap Resources Inc. (WCP:CA): CIBC lowered its target price to $19.00 from $20.00 while maintaining an Outperform rating.
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.