Canadian Analyst Ratings: October 30th (AC:TSX) (POW:TSX) (FM:TSX) (GIL:CA)

Canadian Analyst Coverage Update: Sept 22, 2025

Analyst Ratings for TSX/Venture

Here are today’s Canadian analyst ratings for various stocks:

  1. Advantage Oil & Gas Ltd (AAV:CA):
    • Desjardins Securities maintains a “Buy” rating with a target price of $13.75.
    • Stifel Nicolaus raised the target price to $14.5 with a “Buy” rating.
  2. ABC Technologies Holdings Inc (ABCT:CA):
    • STA Research has discontinued coverage but previously had a “Speculative Buy” rating with a target price of $7.
    • TD Securities has discontinued coverage and had a “Hold” rating with a target price of $7.
  3. Air Canada (AC:CA):
    • CIBC World Markets maintains an “Outperform” rating with a target price of $30.
  4. Allied Properties Real Estate Investment Trust (AP-UN:CA):
    • RBC lowered the target price to $21 with an “Outperform” rating.
    • Raymond James raised the target price to $20 with a “Strong Buy” rating.
  5. Aecon Group Inc (ARE:CA):
    • RBC lowered the target price to $10 with a “Sector Perform” rating.
  6. CI Financial Corp (CIX:CA):
    • Scotia Capital lowered the target price to $17.5.
    • Scotia Capital also downgraded the stock to “Sector Perform” with a target price of $17.
  7. Corus Entertainment Inc (CJR-B:CA):
    • Multiple analyst actions on this stock:
      • CIBC World Markets lowered the target price to $1.15.
      • STA Research lowered the target price to $1.
      • TD Securities downgraded the stock from “Speculative Buy” to $4.5.
      • Scotia Capital lowered the target price to $1.1.
      • National Bank Financial upgraded the stock to “Sector Perform” with a target price of $1.3.
      • RBC lowered the target price to $1.5.
      • Canaccord Genuity lowered the target price to $0.5.
      • Cormark Securities maintains a target price of $0.85.
      • CIBC World Markets lowered the target price to $1.15.
      • CIBC World Markets downgraded the stock to “Neutral.”
  8. Chartwell Retirement Residences (CSH-UN:CA):
    • Scotia Capital raised the target price to $12.5.
  9. Canadian Tire Corporation Limited (CTC-A:CA):
    • Scotia Capital lowered the target price to $172 with a “Buy” rating.
    • CIBC World Markets maintains a “Neutral” rating with a target price of $177.
    • Scotia Capital also downgraded the stock to “Sector Perform” with a target price of $172.
  10. Coveo Solutions Inc (CVO:CA):
    • TD Securities maintains a “Buy” rating with a target price of $13.
  11. Enerflex Ltd (EFX:CA):
    • TD Securities maintains a “Buy” rating with a target price of $15.
  12. Deveron UAS Corp (FARM:CA):
    • Raymond James lowered the target price to $0.75 with a “Strong Buy” rating.
    • Cormark Securities maintains a target price of $0.25.
  13. First Quantum Minerals Ltd (FM:CA):
    • National Bank Financial lowered the target price to $36 with a “Sector Perform” rating.
    • Barclays lowered the target price to $25 with an “Underweight” rating.
  14. First National Financial Corp (FN:CA):
    • Scotia Capital raised the target price to $44.
    • Scotia Capital also raised the stock to “Sector Perform.”
  15. FirstService Corp (FSV:CA):
    • RBC raised the target price to $178 with an “Outperform” rating.
  16. Fiera Capital Corporation (FSZ:CA):
    • Scotia Capital maintains a “Hold” rating with a target price of $6.
    • Scotia Capital also downgraded the stock to “Sector Perform.”
  17. Fortis Inc (FTS:CA):
    • TD Securities lowered the target price to $61 with a “Buy” rating.
  18. Fireweed Zinc Ltd (FWZ:CA):
    • PI Financial maintains a “Buy” rating with a target price of $2.3.
  19. Guardian Capital Group Ltd. Cl.A Nv (GCG-A:CA):
    • Scotia Capital maintains a “Strong Buy” rating with a target price of $55.
  20. Guardian Capital Group Limited (GIL:CA):
    • Scotia Capital lowered the target price to $55 with a “Sector Perform” rating.
  21. Gildan Activewear Inc (GIL:CA):
    • Desjardins Securities maintains a “Buy” rating with a target price of $48.
  22. goeasy Ltd (GSY:CA):
    • Scotia Capital lowered the target price to $145 with a “Strong Buy” rating.
    • Scotia Capital also downgraded the stock to “Sector Perform.”
  23. Hammond Power Solutions Inc (HPS-A:CA):
    • Canaccord Genuity raised the target to $85.
  24. Intact Financial Corporation (IFC:CA):
    • Scotia Capital raised the target price to $227 with a “Strong Buy” rating.
    • Scotia Capital also raised the stock to “Outperform.”
  25. IGM Financial Inc (IGM:CA):
    • Scotia Capital maintains a “Buy” rating with a target price of $40.
    • Scotia Capital also downgraded the stock to “Sector Perform.”
  26. Lightspeed Commerce Inc (LSPD:CA):
    • Stifel Nicolaus lowered the target price to $17 with a “Hold” rating.
  27. Morguard Real Estate Investment Trust (MRT-UN:CA):
    • RBC lowered the target price to $5 with a “Sector Perform” rating.
  28. OceanaGold Corporation (OGC:CA):
    • National Bank Financial lowered the target price to $4 with an “Outperform” rating.
  29. Pet Valu Holdings Ltd (PET:CA):
    • CIBC World Markets maintains an “Outperform” rating with a target price of $36.
  30. Power Corporation Of Canada (POW:CA):
    • Scotia Capital maintains a “Buy” rating with a target price of $42.5.
    • Scotia Capital also downgraded the stock to “Sector Perform” with a target price of $42.4.
  31. Primo Water Corp (PRMW:CA):
    • TD Securities maintains a “Buy” rating with a target price of $34.5.
  32. TC Energy Corp (TRP:CA):
    • TD Securities maintains a “Hold” rating with a target price of $50.
  33. Tamarack Valley Energy Ltd (TVE:CA):
    • Stifel Nicolaus raised the target price (exact values not provided).
  34. West Fraser Timber Co Ltd (WFG:CA):
    • RBC maintains an “Outperform” rating with a target price of $95.
  35. Winpak Ltd (WPK:CA):
    • CIBC World Markets maintains an “Outperform” rating with a target price of $47.
    • STA Research lowered the target price to $40.

More Canadian AnalystRatings

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