Analyst Ratings (Canada)
Canadian analyst updates were positive today, mostly towards the mining and materials sector, with multiple price-target increases across precious metals and mining stocks. Gold and silver exposure received the strongest support, highlighted by several target increases and bullish ratings. Consumer and industrial sectors were generally positive, while financials and energy received more limited coverage.
36 Analyst Updates
ADENTRA (ADEN:CA): TD Securities maintained a Buy rating with a $46.00 price target.
Athabasca Oil (ATH:CA): RBC Capital maintained a Sector Perform rating with a $12.00 price target.
Aya Gold & Silver (AYA:CA): Raymond James raised its price target to $45.00 from $32.00 and maintained an Outperform rating.
Aya Gold & Silver (AYA:CA): BMO Capital Markets raised its price target to $46.00 from $41.00 and maintained an Outperform rating.
Aya Gold & Silver (AYA:CA): CIBC raised its price target to $48.00 from $41.50 and maintained an Outperform rating.
Aya Gold & Silver (AYA:CA): Scotiabank maintained an Outperform rating with a $36.00 price target.
CCL Industries (CCL.B:CA): TD Securities raised its price target to $115.00 and maintained a Buy rating.
Dream Unlimited (DRM:CA): Scotiabank initiated coverage with an Outperform rating and a $25.00 price target.
Eldorado Gold (ELD:CA): ATB Cormark raised its target to $64.00 from $45.00, while maintaining a Sector Perform rating.
Emera (EMA:CA): Scotiabank maintained Outperform with an $80.00 price target.
Empire Company (EMP-A:CA): TD Securities maintained a Hold rating with a $53.00 target.
First Majestic Silver (AG:CA): Scotiabank maintained Sector Perform with a $31.00 target.
Groupe Dynamite (GRGD:CA): TD Securities maintained a Buy rating with an $85.00 target.
Hemlo Mining (HMMC:CA): TD Securities maintained a Buy rating with a $9.00 price target.
Hemlo Mining (HMMC:CA): CIBC maintained an Outperform rating with a $10.00 price target.
Loblaw (L:CA): Scotiabank maintained a Sector Perform rating with a $67.00 price target.
Loblaw (L:CA): TD Securities maintained a Buy rating with a $75.00 price target.
Loblaw (L:CA): National Bank raised its price target to $70.00 and maintained an Outperform rating.
OceanaGold (OGC:CA): Scotiabank maintained Outperform with a $65.00 target.
Savaria (SIS:CA): Ventum Financial raised its target to $34.50 and maintained a Buy rating.
Talon Metals (TLO:CA): TD Securities maintained Buy with an $8.50 target.
The North West Company (NWC:CA): CIBC raised its target to $62.00 from $58.00 with an Outperformer rating.
Thomson Reuters (TRI:CA): TD Securities raised its target to $200.00 with a Buy rating.
Transat A.T. (TRZ:CA): TD Securities maintained Hold with a $2.25 target, while CIBC maintained Underperform with a $1.75 target.
Transcontinental (TCL.A:CA): National Bank raised its target to $7.00 from $8.00 with an Outperform rating.
Transcontinental (TCL.A:CA): TD Securities maintained Buy at $8.00 and Scotiabank maintained Sector Perform at $6.00.
Troilus Mining (TLG:CA): Ventum Financial raised its price target to $4.50 from $4.00 and maintained a Buy rating.
Troilus Mining (TLG:CA): ATB Cormark raised its price target to $4.80 from $4.00 and named the stock a Top Pick.
Troilus Mining (TLG:CA): Desjardins Securities raised its price target to $5.00 from $4.00 and maintained a Buy rating.
White Gold (WGO:CA): ATB Cormark initiated coverage with a Speculative Buy rating and a $4.50 price target.
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