Analyst Ratings (Canada)
Today’s latest analyst updates point to a generally positive but increasingly selective outlook for Canadian stocks, with the strongest support concentrated in the energy and mining sectors. Energy sentiment is mixed but remains positive overall, with several upward target revisions offset by a few downgrades, highlighting growing selectivity. Mining and precious metals also remain well supported, with multiple positive ratings and higher price targets reflecting continued confidence in commodity exposure. Technology remains constructive, although the sector remains sensitive to valuations and interest rates, while consumer, restaurant, cannabis and healthcare stocks continue to show generally positive individual analyst sentiment. Overall, the updates suggest analysts remain optimistic toward selected commodity and growth sectors, but valuation concerns and market volatility are driving a more cautious, stock-specific approach.
30 Analyst Updates
Advantage Energy Ltd. (AAV:CA): Raymond James downgraded the stock to Market Perform and lowered its price target to $13.00 from $14.00.
Athabasca Oil Corp. (ATH:CA): BMO Capital Markets downgraded the stock to Market Perform with a $12.50 price target.
Barrick Mining (ABX:CA): TD Securities maintained a Buy rating with a $59.00 price target.
Barrick Mining Corp. (ABX:CA): TD Securities maintained a Buy rating with an $82.50 price target.
Birchcliff Energy Ltd. (BIR:CA): Raymond James maintained a Market Perform rating and lowered its price target to $8.00 from $8.50.
Canadian Natural Resources Ltd. (CNQ:CA): Raymond James maintained an Outperform rating and raised its price target to $70.00 from $66.00.
Cardinal Energy Ltd. (CJ:CA): Raymond James maintained an Outperform rating and raised its price target to $15.00 from $12.00.
Cargojet Inc. (CJT:CA): TD Securities maintained a Buy rating with a $127.00 price target.
Celestica Inc. (CLS:CA): TD Securities maintained a Buy rating with a $602.00 price target.
Cenovus Energy Inc. (CVE:CA): Raymond James maintained an Outperform rating and raised its price target to $51.00 from $46.00.
Collective Mining Ltd. (CNL:CA): Scotiabank maintained an Outperform rating with a $35.00 price target.
Discovery Mining Ltd. (DSV:CA): CIBC maintained an Outperform rating with a $15.00 price target.
First Quantum Minerals Ltd. (FM:CA): RBC Capital Markets raised its price target to $52.00 from $45.00.
Hemlo Mining Corp. (HMMC:CA): Scotiabank maintained an Outperform rating with a $9.50 price target.
High Tide Inc. (HITI:CA): TD Securities maintained a Buy rating with a $6.50 price target.
Hudbay Minerals Inc. (HBM:CA): RBC Capital Markets raised its price target to $48.00 from $40.00.
Imperial Oil Ltd. (IMO:CA): Raymond James maintained an Underperform rating and raised its price target to $140.00 from $130.00.
Lundin Gold Inc. (LUG:CA): RBC Capital Markets lowered its price target to $89.00 from $98.00.
NanoXplore Inc. (GRA:CA): RBC Capital Markets maintained a Sector Perform rating and lowered its price target to $1.75 from $2.50.
NeuPath Health Inc. (NPTH:CA): Stifel Nicolaus maintained a Strong Buy rating and lowered its price target to $0.58 from $0.68.
Nevada King Gold Corp. (NKG:CA): Canaccord Genuity maintained a Speculative Buy rating with a $2.75 price target.
NGEx Minerals Ltd. (NGEX:CA): TD Securities maintained a Buy rating with a $35.00 price target.
Osisko Metals Incorporated (OM:CA): Scotiabank maintained an Outperform rating with a $3.00 price target.
Restaurant Brands International Inc. (QSR:CA): Seaport Global maintained a Buy rating with a $123.00 price target.
Richelieu Hardware Ltd. (RCH:CA): National Bank raised its price target to $38.50 from $38.00 while maintaining a Sector Perform rating.
Silver X Mining Corp. (AGX:CA): Ventum Financial initiated coverage with a Buy rating and a $1.60 price target.
Suncor Energy Inc. (SU:CA): Raymond James maintained an Outperform rating and raised its price target to $118.00 from $109.00.
Wheaton Precious Metals Corp. (WPM:CA): CIBC maintained an Outperform rating with a $300.00 price target.
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