Analyst Ratings (Canada)
The following are today’s 33 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.
Analyst Updates
AGF Management Limited (AGF.B:CA) Scotiabank raised its price target to $17.50 while maintaining a Sector Perform rating, reflecting improved capital markets conditions and stabilizing fund flows.
Aris Mining Corp. (ARIS:CA) had its price target raised to $32.00 from $28.00 by BMO Capital Markets, driven by improving production performance.
ATEX Resources (ATEX:CA) had TD Securities maintain a Buy rating with a $5.00 price target, reflecting ongoing exploration upside.
Badger Infrastructure Solutions Ltd. (BDGI:CA) was initiated by National Bank with a Sector Perform rating and an $82.00 price target, reflecting balanced growth prospects.
Brookfield Infrastructure Partners L.P. (BIP-UN:CA) TD Securities maintained a Buy rating with a $55.00 target, supported by stable, regulated infrastructure assets.
Canadian Natural Resources Ltd. (CNQ:CA) had its price target lowered to $50.00 from $51.00 by Morgan Stanley due to revised commodity price assumptions.
Cargojet Inc. (CJT:CA) National Bank raised its target to $108.00 from $95.00 and Raymond James lifted its target to $120.00 from $95.00.
Centerra Gold Inc. (CG:CA) CIBC World Markets raise its price target to $30.00 from $21.00, reflecting stronger balance sheet positioning.
Cenovus Energy Inc. (CVE:CA) had its target reduced to $29.00 from $31.00 by Morgan Stanley, reflecting oil price sensitivity.
Empire Company Limited (EMP-A:CA) CIBC maintained an Outperform rating and a $53.00 target, while RBC Capital lowered its target to $55.00 from $61.00, maintaining a Sector Perform rating.
Exchange Income Corp. (EIF:CA) had its target raised to $102.00 from $87.00 by Desjardins Securities, reiterating a Buy rating on earnings momentum.
Exchange International Corp. (CXI:CA) Acumen Capital raised its target to $32.00 from $30.00, maintained a Buy rating.
GFL Environmental Inc. (GFL:CA) was assigned an Outperform rating by National Bank with a $78.00 target, reflecting strong waste management fundamentals.
George Weston Ltd. (WN:CA) saw RBC Capital raise its target to $115.00 from $109.00, maintaining an Outperform rating.
Guru Organic Energy Corp. (GURU:CA) had its target raised to $6.50 from $4.50 by Stifel Nicolaus while maintaining a Hold rating.
Iamgold Corp. (IMG:CA) National Bank raise its target to $34.00 from $28.00, maintaining an Outperform rating on higher gold price assumptions.
Loblaw Companies Ltd. (L:CA) had its price target raised to $72.00 from $68.00 by RBC Capital, reiterating an Outperform rating.
Lundin Mining Corp. (LUN:CA) CIBC maintaining a Neutral rating and a $30.00 target, while Haywood Securities raised its target to $42.00 from $32.00, reflecting improved copper fundamentals.
Magna International Inc. (MG:CA) Barclays Capital raised its target to $79.50 from $71.00 while maintaining an Equal Weight rating.
Methanex Corporation (MX:CA) CIBC maintained an Outperform rating with a $63.00 target, supported by a constructive methanol demand outlook.
Metro Inc. (MRU:CA) saw RBC Capital raise its target to $113.00 from $112.00, maintaining a Sector Perform rating.
North West Company Inc. (NWC:CA) CIBC maintained an Outperform rating with a $57.00 target, reflecting resilient consumer demand.
Orla Mining Corp. (OLA:CA) Desjardins Securities raise its target to $29.00 from $28.00, reiterating a Buy rating.
Osisko Metals Incorporated (OM:CA) Scotiabank maintained an Outperform rating with a $1.20 target, supported by exploration potential.
Pecoy Copper Corp. (PCU:CA) National Bank raised its target to $2.25, maintaining an Outperform rating.
Saputo Inc. (SAP:CA) BMO Capital Markets raised its target to $41.00 from $37.00, maintaining a Market Perform rating.
Secure Waste Infrastructure Corp. (SES:CA) was initiated by National Bank with a Sector Perform rating and an $18.00 target.
Sprott Inc. (SII:CA) saw TD Securities raise its price target to $176.00 from $130.00, while maintaining a Hold rating.
TFI International Inc. (TFII:CA) Bank of America raised its target to $128.00 from $123.50, while maintaining an Underperform rating.
Impact & Outlook
Today’s Canadian analyst updates show a broadly positive market outlook, showing target price increases and ratings upgrades which are outweighing downgrades. Mining and metals companies like Lundin Mining, Orla Mining, and Sprott are seeing strong momentum due to commodity demand and operational improvements, while energy firms such as Cenovus and Canadian Natural Resources face cautious near-term sentiment amid oil price and macroeconomic uncertainties. Infrastructure and industrial stocks, including Brookfield Infrastructure and Badger Infrastructure, benefit from strong project backlogs and long-term investment potential. Consumer-focused companies like Loblaw, Saputo, and Metro maintain steady outlooks, supported by resilient demand and operational efficiency. Overall, analysts favor companies with clear growth visibility and strong balance sheets, signaling a moderately positive sentiment for Canadian stocks today.
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.
