Canadian Analyst Updates: Feb 4th, 2026

Analyst Ratings (Canada)

The following are today’s 77 entries of the latest analyst ratings tracked for Canadian-listed and Canadian-traded stocks, with several brokerages adjusting their outlooks and target prices in response to company-specific developments, earnings expectations, commodity fluctuations, and broader sector trends:

5N Plus Inc. (VNP:CA) had its price target raised to $33.00 from $30.00 by National Bank, which maintained an Outperform rating.

5N Plus Inc. (VNP:CA) also saw Canaccord Genuity raise its price target to $31.00 from $26.00 while reiterating a Buy rating.

Agnico Eagle Mines Ltd. (AEM:CA) had its price target increased to $320.00 from $300.00 by National Bank, which maintained an Outperform rating.

Alamos Gold Inc. (AGI:CA) had its price target raised to $80.00 from $74.00 by CIBC World Markets.

Alamos Gold Inc. (AGI:CA) continued to carry a Buy rating from TD Securities with a $66.00 price target.

Alamos Gold Inc. (AGI:CA) maintained an Outperform rating at Scotiabank with a $75.00 price target.

Allied Gold Corp. (AAUC:CA) was assigned a Tender rating by National Bank with a $44.00 price target.

ATS Corporation (ATS:CA) maintained a Buy rating at TD Securities with a $48.00 price target.

Aurora Cannabis (ACB:CA) maintained a Buy rating at TD Securities with a $10.00 price target.

Aya Gold & Silver Inc. (AYA:CA) had its price target raised to $35.00 from $30.00 by CIBC World Markets.

Barrick Gold Corp. (ABX:CA) had its price target raised to $82.50 from $77.50 by National Bank, which maintained an Outperform rating.

Brookfield Asset Management Ltd. (BAM:CA) maintained a Buy rating at TD Securities with a $102.50 price target.

Brookfield Corp. (BN:CA) had its price target raised to $80.50 from $56.00 by National Bank, which maintained an Outperform rating.

Centerra Gold Inc. (CG:CA) maintained coverage at CIBC World Markets with a $37.00 price target.

Colliers International Group Inc. (CIGI:CA) maintained a Buy rating at Stifel Nicolaus with a $266.50 price target.

Colliers International Group Inc. (CIGI:CA) had its price target raised to $273.00 by Raymond James, which maintained an Outperform rating.

Colliers International Group Inc. (CIGI:CA) maintained an Outperform rating at Scotiabank with a $253.00 price target.

Descartes Systems (DSG:CA) had its price target lowered to $130.00 by Scotiabank.

DPM Metals Inc. (DPM:CA) had its price target raised to $58.00 from $44.00 by CIBC World Markets.

Element Fleet Management Corp. (EFN:CA) had its price target raised to $50.00 from $48.00 by National Bank, which maintained an Outperform rating.

Endeavour Mining Corp. (EDV:CA) had its price target raised to $93.00 from $88.00 by National Bank, which maintained an Outperform rating.

Enerflex Ltd. (EFX:CA) maintained an Outperform rating at Raymond James with a $26.00 price target.

Equinox Gold Corp. (EQX:CA) had its price target raised to $31.00 from $21.50 by CIBC World Markets while maintaining an Outperform rating.

ERO Copper Corp. (ERO:CA) had its price target raised to $52.00 from $42.00 by CIBC World Markets.

Fairfax Financial Holdings Ltd. (FFH:CA) maintained an Outperform rating at National Bank with a $3,200.00 price target.

Fiera Capital Corp. (FSZ:CA) had its price target lowered to $7.00 from $7.50 by National Bank, which maintained a Sector Perform rating.

Finning International Inc. (FTT:CA) had its price target raised to $100.00 from $88.00 by TD Securities.

First Quantum Minerals Ltd. (FM:CA) had its price target raised to $46.00 from $36.00 by CIBC World Markets.

FirstService Corp. (FSV:CA) maintained a Buy rating at TD Securities with a $288.00 price target.

Fortuna Mining Corp. (FVI:CA) had its price target raised to $16.00 from $9.00 by CIBC World Markets while maintaining a Neutral rating.

Franco-Nevada Corp. (FNV:CA) had its price target raised to $480.00 from $460.00 by CIBC World Markets.

G Mining Ventures Corp. (GMIN:CA) had its price target raised to $60.00 from $42.00 by CIBC World Markets.

Goeasy Ltd. (GSY:CA) had its price target lowered to $210.00 from $245.00 by National Bank while maintaining an Outperform rating.

Healwell AI Inc. (AIDX:CA) had its price target lowered to $2.00 from $2.50 by Scotiabank while maintaining an Outperform rating.

Hudbay Minerals Inc. (HBM:CA) had its price target raised to $42.00 from $35.00 by CIBC World Markets.

IGM Financial Inc. (IGM:CA) had its price target raised to $82.00 from $68.00 by National Bank, which maintained an Outperform rating.

Kinaxis Inc. (KXS:CA) maintained a Buy rating at TD Securities with a $229.00 price target.

Kinaxis Inc. (KXS:CA) also had its price target lowered to $200.00 from $240.00 by Scotiabank while maintaining an Outperform rating.

Kingman Mineral Ltd. (KGS:CA) was initiated at Fundamental Research with a Buy rating and a $0.44 price target.

Kinross Gold Corp. (K:CA) had its price target raised to $60.00 from $52.50 by National Bank, which maintained an Outperform rating.

Lundin Gold Inc. (LUG:CA) had its price target raised to $141.00 from $123.00 by CIBC World Markets.

Lundin Mining Corp. (LUN:CA) had its price target raised to $37.00 from $30.00 by CIBC World Markets.

Ngex Minerals Ltd. (NGEX:CA) had its price target raised to $34.00 from $26.00 by CIBC World Markets.

NuVista Energy Ltd. (NVA:CA) maintained a Sell rating at TD Securities with an $18.31 price target.

OceanaGold Corp. (OGC:CA) had its price target raised to $66.00 from $50.00 by CIBC World Markets.

Orla Mining Ltd. (OLA:CA) had its price target raised to $32.00 from $27.00 by CIBC World Markets.

Pacifica Silver Corp. (PSIL:CA) was assigned an Outperform rating by Raymond James with a $2.85 price target.

Pembina Pipeline Corp. (PPL:CA) had its price target raised to $57.00 from $53.00 by Jefferies & Co.

Power Corp. of Canada (POW:CA) had its price target raised to $77.00 from $69.00 by National Bank while maintaining a Sector Perform rating.

Sienna Senior Living Inc. (SIA:CA) was initiated at Canaccord Genuity with a Buy rating and a $24.50 price target.

Skeena Resources Ltd. (SKE:CA) maintained an Outperform rating at Scotiabank with a $44.00 price target.

Skeena Resources Ltd. (SKE:CA) also had its price target raised to $58.00 from $44.00 by CIBC World Markets.

Suncor Energy Inc. (SU:CA) also had its price target raised to $81.00 from $74.00 by TD Securities while maintaining a Buy rating.

Suncor Energy Inc. (SU:CA) had its price target raised to $85.00 from $69.00 by BMO Capital Markets, which maintained an Outperform rating.

Suncor Energy Inc. (SU:CA) maintained a Sector Perform rating at Scotiabank with a $70.00 price target.

Superior Plus Corp. (SPB:CA) had its price target raised to $9.75 from $9.00 by Desjardins Securities, which reiterated a Buy rating.

Talon Metals Corp. (TLO:CA) maintained a Buy rating at TD Securities with a $7.50 price target.

TC Energy Corp. (TRP:CA) had its price target raised to $80.00 from $74.00 by Jefferies & Co.

Teck Resources Ltd. (TECK.B:CA) had its price target raised to $77.00 from $61.00 by CIBC World Markets.

Thomson Reuters Corp. (TRI:CA) had its price target lowered to $178.00 from $238.00 by Canaccord Genuity while maintaining a Buy rating.

TMX Group Ltd. (X:CA) maintained an Outperform rating at Scotiabank with a $70.00 price target.

Torex Gold Resources Inc. (TXG:CA) had its price target raised to $100.00 from $90.00 by CIBC World Markets.

Toromont Industries Ltd. (TIH:CA) had its price target raised to $195.00 from $180.00 by TD Securities.

Triple Flag Precious Metals Corp. (TFPM:CA) had its price target raised to $74.00 from $66.00 by CIBC World Markets.

Trisura Group Ltd. (TSU:CA) had its price target raised to $59.00 from $57.00 by National Bank, which maintained an Outperform rating.

Vitalhub Inc. (VHI:CA) had its price target lowered to $12.00 from $15.00 by Scotiabank while maintaining an Outperform rating.

Wajax Corp. (WJX:CA) had its price target raised to $28.00 from $25.00 by TD Securities.

WELL Health Technologies Corp. (WELL:CA) maintained with a Buy rating at TD Securities with a $7.50 price target.

WELL Health Technologies Corp. (WELL:CA) had its price target lowered to $6.50 from $7.00 by Scotiabank while maintaining an Outperform rating.

Wesdome Gold Mines Ltd. (WDO:CA) had its price target lowered to $28.00 from $31.00 by National Bank while maintaining a Sector Perform rating.

Western Forest Products Inc. (WEF:CA) had its price target raised to $12.00 from $10.00 by Raymond James while maintaining a Market Perform rating.

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