Canadian Analyst Coverage Update: Sept 25th, 2025

Canadian Analyst Updates: November 20th, 2025

Analyst Ratings (Canada)

The following are today’s latest 29 analyst ratings tracked from muliple analysts for Canadian listed and traded stocks:

AGF Management Ltd. (AGF.B:CA) – Scotiabank raised its target price to $16.00 with a Sector Perform, reflecting steady fund inflows and stable earnings outlook.

AGF Management Ltd. (AGF.B:CA) – Desjardins Securities increased its target to $17.75 and maintained a Buy rating, pointing to improving asset growth and performance momentum.

AGF Management Ltd. (AGF.B:CA) – TD Securities reaffirmed its Buy rating with a $17.00 target, supported by continued strength in asset management results.

AGF Management Ltd. (AGF.B:CA) – Scotiabank again highlighted a Sector Perform with a $16.00 target, reflecting balanced upside and risks.

AGF Management Ltd. (AGF.B:CA) – Morningstar maintained a Hold at $13.84, suggesting the stock is fairly valued at current levels.

Air Canada (AC:CA) – Canaccord Genuity cut its target to $25.00 but kept a Buy, reflecting cost pressures and demand uncertainties.

Air Canada (AC:CA) – Scotiabank reiterated an Outperform rating with a $26.00 target, highlighting long-term demand recovery in air travel.

Air Canada (AC:CA) – Morningstar maintained Hold at $18.69, reflecting valuation neutrality amid industry headwinds.

Aya Gold & Silver Inc. (AYA:CA) – CIBC World Markets raised its target to $23.00, citing strong production growth and silver price support.

Bombardier Inc. (BBD.B:CA) – TD Securities maintained a Hold rating with a $180.00 target, pointing to steady fundamentals but limited upside.

Bombardier Inc. (BBD.B:CA) – Morningstar reaffirmed Sell with a $166.00 target, citing valuation concerns despite operational improvements.

Choice Properties REIT (CHP.UN:CA) – National Bank lowered its target to $15.50 with a Sector Perform, reflecting interest rate risks and softer real estate demand.

Constellation Software Inc. (CSU:CA) – TD Securities maintained a Buy rating with a $5,700.00 target, supported by its acquisition-driven growth model.

Discovery Silver Corp. (DSV:CA) – CIBC World Markets raised its target to $7.00, citing favorable exploration results and sector trends.

Endeavour Silver Corp. (EDR:CA) – CIBC World Markets lifted its target to $12.00, supported by project growth and higher silver prices.

Enerflex Ltd. (EFX:CA) – RBC Capital raised its target to $15.00 with an Outperform, reflecting operational improvement and stronger energy demand.

Imperial Oil Ltd. (IMO:CA) – RBC Capital boosted its target to $115.00 with a Sector Perform, noting stable operations but limited upside potential.

Imperial Oil Ltd. (IMO:CA) – Morningstar maintained Hold at $129.00, reflecting fair valuation in current oil market conditions.

Lithium Americas Corp. (LAC:CA) – Morningstar reiterated Underperform with a $6.38 target, pointing to weak lithium pricing and execution challenges.

Lithium Americas Corp. (LAC:CA) – TD Securities downgraded to Hold from a Buy, with a $7.00 target, reflecting uncertainty in project execution and commodity headwinds.

Magna International Inc. (MG:CA) – Wells Fargo raised its target to $64.00 with an Equal Weight, reflecting stable demand but industry margin pressures.

Paramount Resources Inc. (POU:CA) – National Bank lifted its target to $27.50 with a Sector Perform, reflecting solid energy market conditions but limited valuation upside.

Skeena Resources Ltd. (SKE:CA) – CIBC World Markets raised its target to $36.00, supported by encouraging exploration results and gold sector strength.

Snowline Gold Corp. (SGD:CA) – Scotiabank reiterated Outperform with a $14.50 target, reflecting continued exploration success.

Snowline Gold Corp. (SGD:CA) – Morningstar maintained Hold with a $9.36 target, suggesting balanced risk-reward at current levels.

Vizsla Silver Corp. (VZLA:CA) – CIBC World Markets increased its target to $7.50, reflecting strong exploration performance and favorable silver markets.

Wheaton Precious Metals Corp. (WPM:CA) – CIBC World Markets raised its target to $188.00 with an Outperform, citing strong streaming growth and sector momentum.

Wheaton Precious Metals Corp. (WPM:CA) – Morningstar reaffirmed Underperform with a target of $84.88, pointing to valuation risks despite commodity tailwinds.

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