Analyst Ratings (Canada)
Analyst sentiment is cautiously “bullish”, but highly selective, with strength concentrated in a few sectors while broader caution persists. Positive momentum is evident in names like Groupe Dynamite, which saw widespread target increases across multiple brokerages, along with Suncor Energy and Methanex, reflecting confidence in energy and materials earnings, while defensive names such as GFL Environmental and Nutrien maintain solid Outperform ratings. In contrast, sentiment is clearly negative in consumer credit, where goeasy Ltd. saw broad and aggressive target cuts across nearly all analysts, signaling rising macro and credit concerns, while telecoms including BCE Inc., TELUS, and Rogers Communications faced downgrades and target reductions due to growth and debt pressures; meanwhile, more stable names like Granite REIT and Wheaton Precious Metals remain steady but lack strong upside revisions, reinforcing the view that this is a stock-picker’s market where capital is flowing toward companies with clear earnings visibility and away from rate-sensitive or consumer-exposed businesses.
55 Analyst Updates
Air Canada (AC:CA) – Air Canada
National Bank lowered its price target to $22 from $25.
Allied Gold Corporation (AAUC:CA) – Allied Gold Corporation
CIBC maintained its rating and issued a $44.00 target.
BCE Inc. (BCE:CA) – BCE Inc.
TD Securities downgraded the stock to Hold and cut the target to $37 from $41.
Boyd Group Services Inc. (BYD:CA) – Boyd Group Services
Raymond James lowered its price target to $270 from $275.
Cargojet Inc. (CJT:CA) – Cargojet
CIBC maintained an Outperform rating and raised the target to $122 from $116.
Cascades Inc. (CAS:CA) – Cascades Inc.
TD Securities maintained a Buy rating with a $15 target.
D2L Inc. (DTOL:CA) – D2L Inc.
CIBC maintained an Outperform rating with a $15 target.
Dominion Lending Centres Inc. (DLCG:CA) – Dominion Lending Centres
Raymond James initiated coverage with an Outperform rating and an $11.50 target.
DRI Healthcare Trust (DHT.UN:CA) – DRI Healthcare Trust
Stifel Nicolaus raised its target to $22 from $21 while maintaining a Buy rating.
Extendicare Inc. (EXE:CA) – Extendicare
CIBC raised its price target to $32 from $22 and maintained Outperform.
First Majestic Silver Corp. (AG:CA) – First Majestic Silver
TD Securities maintained a Buy rating with a $36 target.
GFL Environmental Inc. (GFL:CA) – GFL Environmental
CIBC maintained an Outperform rating with a $75 target.
Scotiabank maintained an Outperform rating with a $78 target.
Goeasy Ltd. (GSY:CA) – goeasy Ltd.
Scotiabank lowered its target to $55 while maintaining Outperform.
RBC Capital cut its target to $33 from $52.
Raymond James reduced its target to $50 from $77.
National Bank lowered its target to $38 from $50.
Jefferies cut its target to $39 from $50.
TD Securities lowered its target to $36 from $44 and maintained Hold.
Desjardins lowered its target to $47 from $64 and maintained Buy.
ATB Cormark reduced its target to $42 from $85 and maintained Sector Perform.
CIBC Securities maintained an Outperform rating with a $55 target.
Granite Real Estate Investment Trust (GRT.UN:CA) – Granite REIT
Morningstar maintained a Buy rating with an $86.73 target.
Gran Tierra Energy Inc. (GTE:CA) – Gran Tierra Energy
Morningstar maintained a Hold rating with a $14.11 target.
Groupe Dynamite Inc. (GRGD:CA) – Groupe Dynamite
Canaccord Genuity raised its target to $110 from $99 and maintained Buy.
Stifel Nicolaus raised its target to $110 from $102 and maintained Buy.
TD Securities raised its target to $105 from $100 and maintained Buy.
UBS raised its target to $125 from $115.
Barclays raised its target to $118 from $110.
RBC Capital raised its target to $105 from $100.
National Bank raised its target to $102 from $100.
Desjardins raised its target to $100 from $95 and maintained Buy.
BMO Capital Markets raised its target to $106 from $100.
Scotiabank raised its target to $100 from $95and maintained Outperform.
HEALWELL AI Inc. (AIDX:CA) – HEALWELL AI
TD Securities initiated coverage with a Buy rating and a $1.75 target.
Methanex Corp. (MX:CA) – Methanex
RBC Capital raised its target to $90.50 from $76.50 and maintained Sector Perform.
NFI Group Inc. (NFI:CA) – NFI Group
TD Securities maintained a Buy rating with a $25 target.
NovaGold Resources Inc. (NG:CA) – NovaGold Resources
Scotiabank maintained an Outperform rating with a $21 target.
Nutrien Ltd. (NTR:CA) – Nutrien
CIBC maintained an Outperform rating with a $125 target.
Rogers Communications Inc. (RCI.B:CA) – Rogers Communications
TD Securities lowered its target to $56 from $65.
TD Securities also downgraded the stock to Hold from Buy.
Suncor Energy Inc. (SU:CA) – Suncor Energy
CIBC raised its target to $92 from $88 and maintained Outperform.
TELUS Corp. (T:CA) – TELUS
TD Securities lowered its target to $19 from $21 .
TD Securities also downgraded the stock to Hold from Buy.
The North West Company Inc. (NWC:CA) – The North West Company
CIBC maintained an Outperform rating with a $57 target.
Tilray Brands Inc. (TLRY:CA) – Tilray Brands
Roth Capital upgraded the stock to Buy with a $14 target.
ATB Cormark lowered its target to $12.50 from $13.25 and maintained Sector Perform.
Wheaton Precious Metals Corp. (WPM:CA) – Wheaton Precious Metals
TD Securities maintained a Buy rating with a $230 target.
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.
