Analyst Ratings (Canada)
Canadian analyst outlook remains cautiously optimistic, with a particularly positive outlook for the energy sector as higher price targets reflect expectations for stronger commodity prices and cash flows. Oil producers continue to attract favourable revisions, while natural gas companies face mixed expectations. Precious metals and mining show selective strength, although lithium and battery-material stocks remain under pressure. Meanwhile, transportation, telecommunications, financial services, and consumer-related sectors face a more cautious outlook amid concerns over inflation, operating costs, and slowing economic growth. Overall, analysts favour resource companies with strong earnings potential while remaining selective toward economically sensitive sectors.
Updates (47)
Advantage Energy Ltd. (AAV:CA) — Scotiabank lowered its price target to $14.00 from $15.50.
Air Canada (AC:CA) — Jefferies downgraded its rating to Underperform and lowered its price target to $19.00 from $26.00.
American Lithium Corp. (LI:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $0.50 from $0.60.
Americas Gold and Silver Corporation (USA:CA) — TD Securities maintained its Buy rating with an $8.50 price target.
Athabasca Oil Corp. (ATH:CA) — Jefferies downgraded its rating to Hold and lowered its price target to $12.00 from $13.00.
Barrick Mining Corp. (ABX:CA) — Stifel Nicolaus maintained its Buy rating and lowered its price target to $84.00 from $90.00.
Baytex Energy Corporation (BTE:CA) — Scotiabank raised its price target to $8.50 from $7.50.
Canada Packers Inc. (CPKR:CA) — RBC Capital maintained its Sector Perform rating and lowered its price target to $20.00 from $22.00.
Canadian National Railway Co. (CNR:CA) — Raymond James maintained its Market Perform rating and lowered its price target to $195.00 from $200.00.
Canadian Natural Resources Limited (CNQ:CA) — Scotiabank raised its price target to $79.00 from $73.00.
Canadian Pacific Kansas City Ltd. (CP:CA) — Raymond James maintained its Outperform rating with a $144.00 price target.
Cenovus Energy Inc. (CVE:CA) — Scotiabank raised its price target to $56.00 from $51.00.
Chorus Aviation Inc. (CHR:CA) — TD Securities maintained its Buy rating with a $13.00 price target.
Cineplex Inc. (CGX:CA) — Canaccord Genuity maintained its Hold rating and raised its price target to $12.25 from $11.50.
Element Fleet Management Corp. (EFN:CA) — TD Securities maintained its Buy rating and lowered its price target to $31.00 from $38.00.
Faraday Copper Corp. (FDY:CA) — TD Securities maintained its Buy rating and raised its price target to $7.00 from $5.50.
Franco-Nevada Corp. (FNV:CA) — Stifel Nicolaus maintained its Buy rating and raised its price target to $410.00 from $390.00.
Gildan Activewear Inc. (GIL:CA) — National Bank maintained its Outperform rating and lowered its price target to $98.00 from $107.00.
Great-West Lifeco Inc. (GWO:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $94.00 from $95.00.
IA Financial Corp. Inc. (IAG:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $215.00 from $216.00.
Imperial Oil Limited (IMO:CA) — Scotiabank raised its price target to $183.00 from $156.00.
InPlay Oil Corp. (IPO:CA) — ATB Cormark maintained its Outperform rating, with a revised price target of $25.00 compared with $23.00 previously.
International Petroleum Corporation (IPCO:CA) — Scotiabank raised its price target to $44.00 from $38.00.
Kelt Exploration Ltd. (KEL:CA) — Scotiabank raised its price target to $13.50 from $13.00.
Lithium Americas Corp. (LAC:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $5.25 from $6.25.
Logan Energy Corp. (LGN:CA) — Scotiabank raised its price target to $1.60 from $1.45.
Manulife Financial Corp. (MFC:CA) — National Bank maintained its Outperform rating and lowered its price target to $68.00 from $69.00.
MDA Space Ltd. (MDA:CA) — RBC Capital maintained its Outperform rating and lowered its price target to $55.00 from $60.00.
Mullen Group Ltd. (MTL:CA) — CIBC maintained its Neutral rating with a $29.00 price target.
Northland Power Inc. (NPI:CA) — CIBC maintained its Outperform rating with a $26.00 price target.
Nouveau Monde Graphite Inc. (NOU:CA) — National Bank maintained its Outperform rating and lowered its price target to $3.50 from $4.00.
Ovintiv Inc. (OVV:CA) — Scotiabank raised its Canadian-dollar price target to $113.00 from $106.00.
Paramount Resources Ltd. (POU:CA) — Scotiabank raised its price target to $40.00 from $36.00.
Parex Resources Inc. (PXT:CA) — Scotiabank raised its price target to $32.00 from $30.00.
Peyto Exploration & Development Corp. (PEY:CA) — Scotiabank lowered its price target to $27.00 from $28.50.
PrairieSky Royalty Ltd. (PSK:CA) — Scotiabank raised its price target to $36.00 from $35.00.
Restaurant Brands International Inc. (QSR:CA) — RBC Capital maintained its Neutral rating and lowered its price target to $111.00 from $113.00.
Sagicor Financial Co. Ltd. (SFC:CA) — National Bank maintained its Outperform rating with a $13.00 price target.
Spartan Delta Corp. (SDE:CA) — Scotiabank raised its price target to $17.50 from $15.50.
Sun Life Financial Inc. (SLF:CA) — National Bank maintained its Outperform rating and lowered its price target to $124.00 from $125.00.
Suncor Energy Inc. (SU:CA) — Scotiabank raised its price target to $123.00 from $106.00.
Telus Corp. (T:CA) — ATB Cormark maintained its Hold rating and lowered its price target to $12.00 from $13.50.
Tourmaline Oil Corp. (TOU:CA) — Scotiabank lowered its price target to $73.00 from $76.00.
Trisura Group Ltd. (TSU:CA) — Scotiabank maintained its Sector Perform rating and lowered its price target to $52.00 from $53.00.
Vermilion Energy Inc. (VET:CA) — Scotiabank raised its price target to $20.00 from $17.00.
Wesdome Gold Mines Ltd. (WDO:CA) — Stifel Nicolaus maintained its Hold rating with a $34.00 price target.
Whitecap Resources Inc. (WCP:CA) — Scotiabank raised its price target to $22.00 from $19.00.
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