Analyst Ratings (Canada)
A&W Food Services (AW:CA) had its target price raised by CIBC to $41.00 with a Neutral rating.
RBC Capital also raised its target to $42.00, maintaining a Sector Perform rating.
Athabasca Oil Corp. (ATH:CA) received a target price hike to $5.85 and a Hold rating from TD Securities.
Scotiabank maintained its Sector Perform rating and set a higher target of $6.50.
Canadian Tire Corporation (CTC-A:CA) had its Neutral rating reaffirmed by TD Securities with a maintained price target of $171.00.
First Quantum Minerals (FM:CA) TD Securities lower its target price to $24.00 and maintained a Hold rating.
Scotiabank reaffirmed a Sector Perform rating with a $27.00 target.
FirstService Corp.: TD Securities raised its target to $289.00 with a Hold rating.
Scotiabank maintained its Sector Perform rating with a target of $288.00.
IA Financial Corporation Inc (IAG:CA) had its price target raised by CIBC to $150.00.
Loblaw Companies Ltd. (L:CA) TD Securities raised its target to $250.00 with a Buy rating.
Desjardins Securities raised its target to $235.00 with a Hold rating.
BMO Capital raised its target to $230.00 with a Market Perform rating.
CIBC maintained the Outperform rating with a target of $234.00.
Scotiabank maintined the Outperform rating and $233 target.
National Bank raised its target to $242.00 and also maintained an Outperform rating.
Morningstar maintained their target at $148.00 with a Sell rating.
Manulife Financial Corp. (MFC:CA) had its target lowered by CIBC to $44.00.
Mullen Group Ltd. (MTL:CA) TD Securities raise its target to $19.00 with a Buy rating.
Acumen Capital cut its target to $17.25 but retained a Buy rating.
Raymond James maintained a Outperform rating at $16.75.
Scotiabank maintained its Sector Perform rating with a $16.00 target.
Orla Mining (OLA:CA) had its Outperform rating maintained by Scotiabank, with a target of $18.00.
Pembina Pipeline Corporation (PPL:CA) had its target cut to $60.00 by CIBC with an Outperform rating.
Scotiabank maintained its Outperform rating and a target of $63.00.
Rogers Communications Inc. (RCI.B:CA) received a target price increase to $59.00 from $55 by JP Morgan.
StorageVault Canada Inc. (SVI:CA) was given a Buy rating and a target increase to $5.50 by TD Securities.
Teck Resources (TECK-B:CA ) Morningstar maintained a Hold rating with a $47.00 target.
CIBC downgraded to Hold with a $57.00 target.
Scotiabank maintained Outperform with a $57.00 target.
TD Securities cut its target to $60.00 but maintained a Buy rating.
JP Morgan downgraded to Neutral with a $56.00 target.
RBC Capital lowered its target to $67.00.
Raymond James reduced its target to $63.00.
Jefferies & Co lowered its target to $60.00.
National Bank cut its target to $62.50.
Waste Connections Inc (WCN:CA) had its target increased to $285.00 by Scotiabank with a Sector Perform rating.
Morningstar maintained a Sell rating with a lower $205.00 target.
West Fraser Timber Co. Ltd. (WFG:CA) had its price target cut to $96.00 by TD Securities while retaining a Buy rating.
Winpak Ltd. (WPK:CA) received a target cut to $52.00 from CIBC with an Outperform rating.
National Bank downgraded the stock to Sector Perform with a lowered target of $48.00.
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Interesting to see how Loblaw is getting such bullish support across multiple firms, while First Quantum is being approached with more caution. I wonder if commodity market volatility is driving that divergence in analyst sentiment.