Canadian Analyst Updates: March 3rd,2025

Canadian Analyst Updates: March 3rd,2025

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) had its price target raised to $20.00 from $16.75 by National Bank, which maintained an Outperform rating.

AbraSilver Resource Corp. (ABRA:CA) had its price target raised to $18.00 by Scotiabank, which maintained an Outperform rating.

Agnico Eagle Mines Ltd. (AEM:CA) saw TD Securities raise its price target to $343.00 while reiterating a Buy rating.

Argo Gold Inc. (ARQ:CA) was initiated with a Buy rating and a $0.34 price target by Fundamental Research.

Arizona Metals Corp. (AMC:CA) was maintained at Sector Perform by Scotiabank with a $1.25 price target.

Arizona Sonoran Copper Co. (ASCU:CA) had its price target increased to $8.75 from $8.00 by Canaccord Genuity, maintaining a Hold rating.

Arizona Sonoran Copper Co. (ASCU:CA) saw Stifel Nicolaus raise its price target to $9.35 from $4.00 while maintaining a Hold rating.

ATCO Ltd. (ACO-X:CA) had its price target raised to $67.00 from $61.00 by Scotiabank.

ATCO Ltd. (ACO-X:CA) had its price target raised to $67.00 from $57.00 by TD Securities, maintaining a Hold rating.

Bank of Nova Scotia (BNS:CA) had its price target lowered to $111.00 from $112.00 by TD Securities while maintaining a Hold rating.

Bank of Nova Scotia (BNS:CA) was downgraded to Hold from a Buy at TD Securities with a $111.00 price target, down from $112.00.

Black Diamond Group Ltd. (BDI:CA) had its price target raised to $20.00 from $17.00 by Canaccord Genuity, maintaining a Buy rating.

Brookfield Renewable Partners LP (BEP-UN:CA) saw CIBC raise its price target to $50.00 from $48.00 while maintaining an Outperform rating.

Cameco Corp. (CCO:CA) had its price target increased to $180.00 from $175.00 by Raymond James, maintaining an Outperform rating.

Canadian Utilities Limited (CU:CA) had its price target raised to $48.00 from $43.00 by Scotiabank.

Canadian Utilities Ltd. (CU:CA) had its price target increased to $47.00 from $41.00 by TD Securities, reiterating a Hold rating.

Capstone Copper Corp. (CSU:CA) was maintained at Outperform by Scotiabank with a $16.00 price target.

Eskay Mining Corp. (ESK:CA) was assigned a Buy rating and a $1.27 price target by Fundamental Research.

European Residential REIT (ERE-UT:CA) had its price target lowered to $1.19 from $1.25 by CIBC, maintaining a Neutral rating.

Evertz Technologies Ltd. (ET:CA) saw RBC Capital raise its price target to $15.00 from $13.00 while maintaining a Sector Perform rating.

GDI Integrated Facility Services Inc. (GDI:CA) was maintained at Sell by TD Securities with a $36.60 price target.

Hudbay Minerals Inc. (HBM:CA) had its price target increased to $41.00 from $39.00 by Canaccord Genuity, maintaining a Buy rating.

InterRent Real Estate Investment Trust (IIP-UN:CA) was assigned a Tender rating with a $13.55 price target by CIBC.

K92 Mining Inc. (KNT:CA) had its price target raised to $38.50 from $35.00 by Desjardins Securities, maintaining a Buy rating.

K92 Mining Inc. (KNT:CA) was maintained at Outperform by Scotiabank with a $32.00 price target.

Kinross Gold Corp. (K:CA) had its price target lowered to $57.00 from $59.00 by TD Securities while maintaining a Buy rating.

Maple Leaf Foods Inc. (MFI:CA) was maintained at Buy by TD Securities with a $42.00 price target.

MetalQuest Mining Inc. (MQM:CA) was assigned a Buy rating and a $0.98 price target by Fundamental Research.

New Age Metals Inc. (NAM:CA) was assigned a Buy rating and a $1.04 price target by Fundamental Research.

NFI Group Inc. (NFI:CA) was maintained at Buy by TD Securities with a $25.00 price target.

Nutrien Ltd. (NTR:CA) had its price target raised to $109.00 from $70.00 by Barclays Capital, maintaining an Equal-Weight rating.

Pembina Pipeline Corporation (PPL:CA) had its price target raised to $65.00 from $63.00 by Scotiabank.

Pet Valu Holdings Ltd. (PET:CA) was maintained at Buy by TD Securities with a $40.00 price target.

Power Corp. of Canada (POW:CA) had its price target raised to $79.00 from $78.00 by Desjardins Securities, maintaining a Buy rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $35.00 by Scotiabank while maintaining an Outperform rating.

Roots Corp. (ROOTS:CA) was maintained at Buy by TD Securities with a $4.00 price target.

Saturn Oil & Gas Inc. (SOIL:CA) had its price target raised to $4.50 from $4.25 by Ventum Financial, maintaining a Buy rating.

Tartisan Nickel Corp. (TN:CA) was assigned a Buy rating and a $0.60 price target by Fundamental Research.

Thomson Reuters Corp. (TRI:CA) was maintained at Buy by TD Securities with a $175.00 price target.

Transcontinental Inc. (TCL-A:CA) was maintained at Buy by TD Securities with a $28.00 price target.

Wajax Corp. (WJX:CA) was maintained at Hold by TD Securities with a $28.00 price target.

Wajax Corp. (WJX:CA) had its price target raised to $37.00 from $27.00 by National Bank, maintaining an Outperform rating.

Wajax Corporation (WJX:CA) was maintained at Sector Perform by Scotiabank with a $29.00 price target.

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