Canadian Analyst Updates: June 18th, 2026

Canadian Analyst Updates: June 18th, 2026

Analyst Ratings (Canada)

Analyst sentiment remains positive across the Canadian stocks covered. Analysts continue to favour companies with strong earnings visibility, infrastructure exposure, and commodity leverage, as reflected in bullish outlooks. In the precious metals sector, analysts remain constructive, citing favorable commodity fundamentals and project potential. However, some caution persists in more mature or valuation-sensitive names. Analysts continues to favour companies with strong operational execution, infrastructure and resource exposure, and long-term growth catalysts, while remaining more selective on stocks facing valuation pressures or slower earnings growth.

30 Analyst Updates

AGF Management (AGF-B:CA) — TD Securities raised its price target to $24.00 from $19.00 and maintained a Buy rating.

Allied Gold (AAUC:CA) — CIBC World Markets maintained its Tender rating with a $44.00 price target.

AtkinsRéalis Group (ATRL:CA) — TD Securities maintained a Buy rating with a $117.00 price target.

BCE (BCE:CA) — TD Securities maintained a Hold rating with a $37.00 price target.

BlackBerry (BB) — RBC Capital maintained a Sector Perform rating with a $6.40 price target.

Brookfield Business Corporation (BBUC:CA) — CIBC World Markets maintained an Outperform rating with a $59.00 price target.

Canada Packers (CPKR:CA) — TD Securities maintained a Buy rating with a $23.00 price target.

CGI (GIB-A:CA) — CIBC World Markets maintained a Neutral rating with a $107.00 price target.

CGI (GIB-A:CA) — TD Securities maintained a Buy rating with a $102.00 price target.

Empire Company (EMP-A:CA) — CIBC World Markets maintained an Outperform rating with a $54.00 price target.

Empire Company (EMP-A:CA) — TD Securities maintained a Hold rating with a $50.00 price target.

Enerflex (EFX:CA) — National Bank maintained an Outperform rating with a $42.50 price target.

Freehold Royalties (FRU:CA) — CIBC World Markets maintained a Neutral rating with an $18.50 price target.

Groupe Dynamite (GRGD:CA) — Barclays lowered its price target to $79.00 from $118.00 while maintaining an Overweight rating.

Lundin Mining (LUN:CA) — TD Securities maintained a Buy rating with a $44.00 price target.

Lundin Mining (LUN:CA) — Scotiabank maintained an Outperform rating with a $42.00 price target.

Maple Leaf Foods (MFC:CA) — TD Securities maintained a Buy rating with a $42.00 price target.

Meridian Mining (MNO:CA) — Stifel Nicolaus raised its price target to $3.25 from $3.00 and maintained a Buy rating.

Meridian Mining (MNO:CA) — Scotiabank maintained an Outperform rating with a $3.00 price target.

Methanex (MX:CA) — Scotiabank maintained an Outperform rating with a $113.00 price target.

Saputo (SAP:CA) — TD Securities maintained a Buy rating with a $51.00 price target.

Shopify (SHOP:CA) — TD Securities maintained a Buy rating with a $225.00 price target.

Skeena Resources (SKE:CA) — CIBC World Markets maintained an Outperform rating with a $60.00 price target.

Stantec (STN:CA) — CIBC World Markets maintained an Outperform rating with a $160.00 price target.

Stantec (STN:CA) — TD Securities maintained a Buy rating with a $132.00 price target.

TeraGo (TGO:CA) — ATB Capital Markets raised its price target to $1.25 from $0.80 and maintained a Sector Perform rating.

Thesis Gold & Silver (TAU:CA) — Scotiabank maintained an Outperform rating with a $5.50 price target.

Toromont Industries (TIH:CA) — RBC Capital raised its price target to $256.00 from $234.00 and maintained an Outperform rating.

Toromont Industries (TIH:CA) — Raymond James raised its price target to $235.00 from $190.00 and maintained an Outperform rating.

Toromont Industries (TIH:CA) — CIBC World Markets maintained a Neutral rating with a $215.00 price target.

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