Analyst Ratings (Canada)
Today’s 30 analyst ratings suggest a cautiously positive, but increasingly selective market outlook, as the prevalence of Buy and Outperform ratings and multiple target increases indicate continued confidence in company fundamentals and upside potential, particularly in sectors like energy, infrastructure, and industrials. Hold and Neutral ratings and selective target cuts highlights see growing caution amid macro uncertainty and slowing growth. Overall, analysts are not signaling a broad market downturn, but rather a shift toward a “stock picker’s market”, where performance will be more uneven, volatility is likely to remain elevated, and investors are expected to focus on higher-quality, resilient companies rather than broad-based market gains.
Alimentation Couche-Tard Inc. (ATD:CA): TD Securities maintained a Buy rating with a $100.00 target, while CIBC maintained an Outperform rating with a $92.00 target.
Altus Group Limited (AIF:CA): CIBC maintained a Neutral rating with a $51.00 target.
Atrium Mortgage Investment Corporation (AI:CA): Fundamental Research assigned a Buy rating with a $13.00 target.
BCE Inc. (BCE:CA): Desjardins raised its target to $42.00 from $40.00 (Buy), RBC raised to $39.00 from $38.00 (Outperform), Scotiabank raised to $41.00 from $39.50 (Outperform) , while TD Securities raised its target to $41.00 from $40.00 and reiterated its Buy rating.
Belo Sun Mining Corp. (BSX:CA): Paradigm Research initiated coverage with a Speculative Buy rating and a $5.50 target.
Canadian Solar Inc. (CSIQ): Mizuho lowered its target to $26.00 from $42.00 and maintained a Neutral rating.
Canopy Growth Corporation (WEED:CA): ATB Cormark upgraded the stock to Outperform with a $1.40 target.
CCL Industries Inc. (CCL.B:CA): National Bank raised its target to $102.00 from $100.00 and maintained an Outperform rating.
Delivra Health Brands Inc. (DHB:CA): Fundamental Research assigned a Buy rating with a $0.60 target.
Exchange Income Corporation (EIF:CA): Scotiabank maintained an Outperform rating with a $129.00 target.
Groupe Dynamite Inc. (GRGD:CA): National Bank raised its target to $101.00 from $100.00 and maintained an Outperform rating.
illumin Holdings Inc. (ILLM:CA): TD Securities lowered its target to $1.25 from $1.50 and maintained a Buy rating (noted twice).
Mattr Corp. (MATR:CA): TD Securities raised its target to $10.00 from $9.00 and maintained Hold rating, while RBC Capital raised its target to $10.00 from $9.00 with an Outperform rating.
MDA Space Ltd. (MDA:CA): Scotiabank maintained an Outperform rating with a $49.00 target.
Monument Mining Limited (MMY:CA): Fundamental Research assigned a Buy rating with a $2.10 target.
Northview Residential REIT (NRR-UN:CA): CIBC maintained a Neutral rating with an $18.00 target.
Olympia Financial Group Inc. (OLY:CA): Fundamental Research assigned a Buy rating with a $167.50 target.
Rogers Communications Inc. (RCI-B:CA): TD Securities maintained a Buy rating with a $65.00 target.
Sonoro Gold Corp. (SGO:CA): Fundamental Research assigned a Buy rating with a $0.83 target.
Tantalus Systems Holding Inc. (GRID:CA): National Bank initiated coverage with an Outperform rating and a $7.00 target.
Westshore Terminals Investment Corporation (WTE:CA): RBC Capital raised its target to $34.00 from $29.00 and maintained an Outperform rating.
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.
