Canadian Analyst Updates: Dec 15th, 2025

Canadian Analyst Updates: Dec 15th, 2025

Analyst Ratings (Canada)

The following are today’s 39 latest analyst ratings tracked from multiple analysts for Canadian listed and traded stocks for Monday December 15th:

ATEX Resources (ATX:CA) had its Buy rating maintained by TD Securities, which set a target price of $4.25.

AtkinsRéalis Group Inc. (ATRL:CA) saw its target price raised to $110.00 from $102.00 by National Bank, which maintained an Outperform rating.

ATS Corp. (ATS:CA) had its target price increased to $57.00 from $54.00 by National Bank, while the firm maintained its Outperform rating.

AutoCanada Inc. (ACQ:CA) had its target price lowered to $29.00 from $31.00 by National Bank, which maintained an Outperform rating.

Birchcliff Energy Ltd. (BIR:CA) received a target price increase to $8.50 from $7.50 by BMO Capital Markets, which reiterated an Outperform rating.

Brookfield Asset Management Ltd. (BAM:CA) had its target price reduced to $102.00 by RBC Capital, which maintained an Outperform rating.

Brookfield Corp. (BN:CA) saw its target price raised to $80.00 by RBC Capital, which maintained an Outperform rating.

CGI Inc. (GIB.A:CA) had its target price increased to $139.00 by CIBC World Markets, though the firm maintained a Neutral rating.

Colliers International Group Inc. (CIGI:CA) had its target price lowered to $255.00 by National Bank.

Computer Modelling Group Ltd. (CMG:CA) saw its target price reduced to $5.50 from $6.50 by CIBC World Markets.

Constellation Software Inc. (CSU:CA) had its target price lowered to $5,260.00 from $5,480.00 by CIBC World Markets.

Dye & Durham Ltd. (DND:CA) was downgraded by CIBC World Markets, which reduced its target price to $4.50 from $8.50.

Enghouse Systems Ltd. (ENGH:CA) had its target price lowered to $23.00 from $25.00 by CIBC World Markets.

Ensign Energy Services Inc. (ESI:CA) was downgraded to Market Perform by BMO Capital Markets, which set a target price of $3.50.

Equinox Gold Corp. (EQX:CA) had its Buy rating maintained by TD Securities with a target price of $22.00.

Equinox Gold Corp. (EQX:CA) also had its Outperform rating maintained by Scotiabank, which set a target price of $19.00.

Equinox Gold Corp. (EQX:CA) was downgraded to Neutral by CIBC, which reduced its target price to $21.50 from $23.00.

Finning International Inc. (FTT:CA) saw its target price raised to $72.00 from $66.00 by National Bank, which maintained a Sector Perform rating.

Hudbay Minerals Inc. (HBM:CA) had its target price increased to $30.00 from $26.00 by Desjardins Securities, which maintained a Buy rating.

Hudbay Minerals Inc. (HBM:CA) was initiated with a Buy rating by Citigroup, which set a target price of $23.00.

Imperial Oil Ltd. (IMO:CA) saw its target price increased to $129.00 by BMO Capital Markets, which maintained a Market Perform rating.

Kinaxis Inc. (KXS:CA) had its target price raised to $203.00 from $201.00 by CIBC World Markets, which maintained an Outperform rating.

Lundin Mining Corp. (LUN:CA) was initiated with a Buy rating by Citigroup, which set a target price of $32.00.

Methanex (MX:CA) had its Outperform rating maintained by Scotiabank with a target price of $66.00.

North American Construction Group Ltd. (NOA:CA) saw its target price raised to $28.00 from $26.00 by National Bank, which maintained an Outperform rating.

Onex Corp. (ONEX:CA) had its target price increased to $139.00 by RBC Capital, while maintaining a Sector Perform rating.

Parex Resources Inc. (PXT:CA) saw its target price raised to $20.50 from $18.00 by Jefferies & Co., with no rating change disclosed.

RB Global Inc. (RBA:CA) had its target price raised to $124.00 by National Bank, which maintained an Outperform rating.

Skeena Gold & Silver (SKE:CA) had its Buy rating maintained by TD Securities with a target price of $35.00.

South Bow Corp. (SOBO:CA) saw its target price raised to $45.00 from $39.00 by Jefferies & Co., which maintained a Buy rating.

Stantec Inc. (STN:CA) had its target price increased to $161.00 from $167.00 by National Bank, which maintained an Outperform rating.

Stella-Jones Inc. (SJ:CA) saw its target price raised to $107.00 from $95.00 by National Bank, which maintained an Outperform rating.

TELUS Corp. (T:CA) saw its target price increased to $25.00 from $26.00 by TD Securities, which reaffirmed a Buy rating.

Toromont Industries Ltd. (TIH:CA) had its Buy rating maintained by TD Securities with a target price of $180.00.

Transat A.T. Inc. (TRZ:CA) had its Buy rating maintained by TD Securities, which set a target price of $5.50.

Wajax Corp. (WJX:CA) saw its target price raised to $27.00 from $25.00 by National Bank, which maintained a Sector Perform rating.

WSP Global Inc. (WSP:CA) had its target price increased to $301.00 from $299.00 by National Bank, which maintained an Outperform rating.

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