Analyst Ratings (Canada)
The following are today’s 44 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:
AbraSilver Resource Corp. (ABRA:CA)
TD Securities maintained its Outperform rating, reflecting confidence in the company’s silver and gold development outlook, while keeping its $12.00 price target unchanged.
Air Canada (AC:CA)
National Bank raised its price target to $24.00 from $23.00 while maintaining a Sector Perform rating, reflecting modest upside as travel demand stabilizes amid cost and capacity considerations.
Alamos Gold Inc. (AGI:CA)
National Bank increased its target to $75.00 from $68.00 and reiterated an Outperform rating, reflecting improving gold price assumptions and solid operational execution.
Aritzia Inc. (ATZ:CA)
Truist Securities raised its price target to $164.00 from $157.00, reflecting improved margin expectations and resilient demand trends, while maintaining its existing rating.
Arizona Metals Corp. (AMC:CA)
TD Securities maintained a Sector Perform rating with a $1.25 target, signaling a balanced risk-reward profile as exploration progresses.
Aya Gold & Silver Inc. (AYA:CA)
TD Securities maintained its Outperform rating with a $19.00 target, while BMO Capital Markets lowered its target to $29.00 from $33.00, reflecting more conservative valuation assumptions.
Blue Lagoon Resources (BLLG:CA)
Fundamental Research initiated coverage with a Buy rating and a $1.74 target, highlighting exploration upside and project optionality.
Boardwalk REIT (BEI.UN:CA)
Raymond James upgraded the stock to Strong Buy from Outperform and raised its target to $83.00 from $80.00, pointing to improving fundamentals and attractive valuation.
Boyd Group Services Inc. (BYD:CA)
Scotiabank reiterated its Outperform rating and maintained a $264.00 price target, underscoring confidence in long-term growth and execution.
BRP Inc. (DOO:CA)
Citigroup raised its target to $128.00 from $122.00, reflecting improved outlook assumptions while maintaining its existing rating.
Calian Group Ltd. (CGY:CA)
TD Securities raised its target to $65.00 from $62.00 and reiterated an Outperform rating, while CIBC World Markets also lifted its target to $65.00, reflecting steady contract momentum.
Canfor Corp. (CFP:CA)
Raymond James upgraded the stock to Strong Buy from Outperform and raised its target to $17.00 from $15.00, reflecting improving lumber market dynamics.
Canfor Pulp Products Inc. (CFX:CA)
Raymond James downgraded the stock to Market Perform from Outperform and lowered its target to $0.50 from $0.75 due to ongoing margin pressure.
Canopy Growth Corp. (WEED:CA)
Bernstein cut its price target to $2.50 from $5.30, reflecting continued challenges in the cannabis sector.
Cineplex Inc. (CGX:CA)
Canaccord Genuity lowered its target to $11.50 from $13.00, reflecting near-term headwinds to discretionary spending.
Crombie REIT (CRR.UN:CA)
Raymond James downgraded the to Outperform from a Strong Buy rating, reflecting valuation considerations.
Docebo Inc. (DCBO:CA)
TD Securities maintained a Buy rating with a $51.00 target, highlighting confidence in the company’s SaaS growth trajectory.
Granite REIT (GRT.UN:CA)
TD Securities raised its target to $94.00 from $88.00, while Raymond James upgraded the stock to Outperform and increased its target to $96.00 from $93.00, reflecting stable industrial real estate fundamentals.
Great-West Lifeco Inc. (GWO:CA)
TD Securities raised its price target to $73.00 from $70.00, supported by earnings resilience and capital strength.
Groupe Dynamite Inc. (GRGD:CA)
UBS initiated coverage with a Buy rating and a $115.00 target, reflecting brand momentum and growth potential.
iA Financial Corp. (IAG:CA)
TD Securities raised its target to $192.00 from $178.00, reflecting improved earnings visibility.
Interfor Corp. (IFP:CA)
Raymond James upgraded the stock to Strong Buy from Outperform and raised its target to $14.00 from $12.00 on improving lumber fundamentals.
Kraken Robotics Inc. (PNG:CA)
National Bank downgraded the stock to Sector Performfrom Outperform with an $8.75 target, while Desjardins Securities raised its target to $9.50 from $6.50 and maintained a Buy rating.
Lightspeed Commerce Inc. (LSPD:CA)
TD Securities maintained a Hold rating with a $21.00 target, reflecting balanced growth and valuation.
Lundin Gold Inc. (LUG:CA)
Cormark Securities raised its target to $115.00 from $100.00, reflecting higher gold price assumptions.
Manulife Financial Corp. (MFC:CA)
TD Securities raised its target to $60.00 from $57.00, supported by improving earnings trends.
Maple Leaf Foods Inc. (MFI:CA)
TD Securities maintained its Buy rating and $42.00 target, while CIBC maintained its Outperform rating and $35.00 target price, reflecting mixed near-term pressures but longer-term improvement.
Methanex Corp. (MX:CA)
Raymond James downgraded the stock to Market Perform from Outperform, reflecting softer methanol market conditions.
Monument Mining Ltd. (MMY:CA)
Fundamental Research initiated coverage with a Buy rating and a $1.92 target.
Nutrien Ltd. (NTR:CA)
Morgan Stanley upgraded the stock to Overweight from Equal Weight and raised its target to $107.00 from $97.00, reflecting improving fertilizer fundamentals.
PRO REIT (PRV.UN:CA)
Raymond James downgraded the stock to Market Perform from Outperform.
Real Matters Inc. (REAL:CA)
TD Securities maintained a Buy rating with a $9.00 target, reflecting stabilization in housing-related activity.
Rocket Doctor AI (AIDR:CA)
Fundamental Research initiated coverage with a Buy rating and a $2.10 target.
Russel Metals Inc. (RUS:CA)
RBC Capital Markets raised its target to $51.00 from $47.00, reflecting improved steel pricing dynamics.
Savaria Corp. (SIS:CA)
Stifel Nicolaus raised its target to $28.00 from $26.00 and reiterated a Buy rating.
South Bow Corp. (SOBO:CA)
Wolfe Research downgraded the stock to Underperform from Peer Perform with a $33 target.
Spin Master Corp. (TOY:CA)
National Bank lowered its target to $25.00 from $27.00 while maintaining an Outperform rating.
Sun Life Financial Inc. (SLF:CA)
TD Securities raised its target to $104.00 from $99.00, supported by solid capital generation.
Triple Flag Precious Metals Corp. (TFII:CA)
TD Securities maintained a Buy rating with a $49.00 target, reflecting confidence in streaming cash flows.
Outlook
The analyst updates for today point to a cautiously optimistic outlook. Target increases reflect improving fundamentals and better earnings visibility in select sectors, particularly commodities and financials, while limited rating upgrades suggest analysts remain disciplined amid ongoing macro uncertainty. The collective forecast favors selective, fundamentals-driven opportunities rather than broad market upside, with stock-specific execution and valuation expected to drive performance.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
