Canadian Analyst Updates: March 4th, 2026

Canadian Analyst Updates: March 4th, 2026

Analyst Ratings (Canada)

The following are today’s 63 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:

Air Canada (AC:CA) was maintained at Outperform by CIBC World Markets with a $25.00 price target.

AtkinsRéalis Group Inc. (ATRL:CA) had its price target cut to $113.00 from $121.00 by Stifel Nicolaus, which maintained a Buy rating.

Bank of Montreal (BMO:CA) had its price target raised to $211.00 from $209.00 by CIBC World Markets, maintaining an Outperform rating.

Bank of Nova Scotia (BNS:CA) had its price target raised to $109.00 from $108.00 by CIBC World Markets, which maintained a Neutral rating.

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

Baytex Energy Corp. (BTE:CA) was maintained at Neutral by CIBC World Markets with a $5.25 price target.

Blue Ant Media Corp. (BAMI:CA) was initiated with an Outperform rating and a $11.00 price target by National Bank.

Brookfield Renewable Partners L.P. (BEP-UN:CA) was maintained at Buy by TD Securities with a $35.00 price target.

CAE Inc. (CAE:CA) was initiated with a Buy rating and a $50.00 price target by Stifel Nicolaus.

Canada Packers Inc. (CPKR:CA) was maintained at Buy by TD Securities with a $20.00 price target.

Capital Power Corp. (CPX:CA) was maintained at Buy by TD Securities with a $80.00 price target.

Capital Power Corporation (CPX:CA) was maintained at Outperform by CIBC World Markets with a $82.00 price target.

Cargojet Inc. (CJT:CA) was maintained at Outperform by CIBC World Markets with a $116.00 price target.

Dexterra Group Inc. (DXT:CA) was maintained at Sector Perform by Scotiabank with a $14.00 price target.

DRI Healthcare Trust (DHT-UN:CA) had its price target raised to $20.00 from $19.50 by CIBC World Markets, maintaining an Outperform rating.

European Residential REIT (ERE.UN:CA) had its price target lowered to $1.19 from $1.25 by TD Securities, which maintained a Sell rating.

European Residential REIT (ERE.UN:CA) had its price target raised to $1.90 from $1.20 by Desjardins Securities, assigning a Tender rating.

European Residential REIT (ERE.UN:CA) was downgraded to Sell by TD Securities with a $1.19 price target.

European Residential REIT (ERE.UN:CA) had its price target lowered to $1.19 by Scotiabank.

George Weston Ltd. (WN:CA) was maintained at Buy by TD Securities with a $121.00 price target.

Goeasy Ltd. (GSY:CA) had its price target lowered to $170.00 from $225.00 by BMO Capital Markets, which maintained an Outperform rating.

Groupe Dynamite (GRGD:CA) had its price target raised to $100.00 from $97.00 by TD Securities, maintaining a Buy rating.

InterRent REIT (IIP-UN:CA) had its price target lowered to $34.00 from $40.00 by TD Securities, which maintained a Sell rating.

Kinaxis Inc. (KXS:CA) was maintained at Outperform by CIBC World Markets with a $203.00 price target.

Minto Apartment REIT (MI-UN:CA) was maintained at Neutral by CIBC World Markets with a $18.00 price target.

National Bank of Canada (NA:CA) had its price target raised to $196.00 from $193.00 by CIBC World Markets, maintaining an Outperform rating.

NorthWest Healthcare Properties REIT (NWH.UN:CA) had its price target raised to $6.00 from $5.50 by RBC Capital, maintaining a Sector Perform rating.

Paramount Resources (POU:CA) was maintained at Outperform by Scotiabank with a $31.00 price target.

Paramount Resources Ltd. (POU:CA) was initiated with a Buy rating and a $33.00 price target by Roth Capital.

Paramount Resources Ltd. (POU:CA) had its price target raised to $30.50 from $25.50 by CIBC World Markets.

Paramount Resources Ltd. (POU:CA) had its price target raised to $32.50 from $32.00 by National Bank, maintaining a Sector Perform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $30.00 from $26.00 by RBC Capital, maintaining a Sector Perform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $33.00 from $28.00 by ATB Cormark, maintaining an Outperform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $32.00 from $24.00 by BMO Capital Markets, maintaining an Outperform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $31.00 from $29.00 by Raymond James, maintaining an Outperform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $28.00 from $36.00 by CIBC World Markets, maintaining a Neutral rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $34.00 from $40.00 by TD Securities, which maintained a Buy rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $32.00 from $37.00 by Stifel Nicolaus, maintaining a Buy rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $28.00 from $37.00 by National Bank, maintaining a Sector Perform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $31.50 from $40.00 by Raymond James, maintaining an Outperform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $33.00 from $35.00 by RBC Capital, maintaining an Outperform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $32.00 from $38.00 by Desjardins Securities, maintaining a Buy rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $28.00 from $34.00 by Barclays Capital, maintaining an Overweight rating.

Plaza Retail REIT (PLZ.UN:CA) had its price target raised to $4.75 from $4.50 by RBC Capital, maintaining a Sector Perform rating.

Plaza Retail REIT (PLZ.UN:CA) had its price target raised to $5.00 from $4.75 by Desjardins Securities, maintaining a Buy rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $27.00 from $37.00 by Canaccord Genuity.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $3.00 from $4.00 by Ventum Financial, maintaining a Buy rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $27.00 from $38.00 by ATB Cormark, maintaining an Outperform rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $32.00 from $38.00 by Stifel Nicolaus, maintaining a Buy rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $32.00 from $45.00 by Raymond James, maintaining an Outperform rating.

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

Spartan Delta Corp. (SDE:CA) was initiated with a Buy rating and a $13.50 price target by Roth Capital.

SSR Mining Inc. (SSRM:CA) was maintained at Buy by TD Securities with a $45.00 price target.

TD Bank (TD:CA) had its price target raised to $142.00 from $140.00 by CIBC World Markets, maintaining a Neutral rating.

Tourmaline Oil Corp. (TOU:CA) was maintained at Outperform by CIBC World Markets with a $66.00 price target.

Transat A.T. Inc. (TRZ:CA) was maintained at Underperform by CIBC World Markets with a $2.40 price target.

VerticalScope Holdings Inc. (FORA:CA) had its price target lowered to $5.00 from $7.50 by Raymond James, maintaining an Outperform rating.

VerticalScope Holdings Inc. (FORA:CA) had its price target lowered to $3.00 from $4.00 by TD Securities, which maintained a Hold rating.

VerticalScope Holdings Inc. (FORA:CA) had its price target lowered to $4.00 from $4.50 by CIBC World Markets, maintaining a Neutral rating.

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

Wajax Corp. (WJX:CA) had its price target raised to $34.00 from $28.00 by TD Securities, which maintained a Hold rating.

Wajax Corp. (WJX:CA) had its price target lowered to $34.00 from $40.00 by BMO Capital Markets, maintaining a Market Perform rating.

Wajax Corp. (WJX:CA) had its price target raised to $34.00 from $29.00 by Scotiabank, maintaining a Sector Perform rating.

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