Analyst Ratings (Canada)
Canadian analyst outlook on November 10th remains cautiously optimistic but increasingly selective, with positive price-target revisions concentrated in industrials, infrastructure, utilities, financial services and select technology companies. Strong earnings performance, reliable cash flow and improving growth prospects continue to support favourable recommendations. However, notable downgrades and target reductions across energy, insurance, real estate and certain resource companies highlight concerns about valuations, profitability and near-term operating conditions.
Updates (57)
AbraSilver Resource Corp. (ABRA:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $21.00.
Adentra Inc. (ADEN:CA) — TD Securities maintains its Buy rating and raises its price target to $50.00 from $48.00.
Adentra Inc. (ADEN:CA) — Desjardins Securities maintains its Buy rating and raises its price target to $53.00 from $49.00.
Adentra Inc. (ADEN:CA) — Scotiabank maintains its Sector Outperform rating and raises its price target to $46.00 from $43.00.
Adentra Inc. (ADEN:CA) — Stifel Nicolaus maintains its Buy rating and raises its price target to $51.50 from $46.50.
Adentra Inc. (ADEN:CA) — Raymond James maintains its Strong Buy rating and raises its price target to $50.00 from $47.50.
Adentra Inc. (ADEN:CA) — Acumen Capital maintains its Buy rating and raises its price target to $54.00 from $50.00.
Algonquin Power & Utilities Corp. (AQN:CA) — TD Securities maintains its Hold rating with a converted price target of C$8.51 (US$6.00).
ATCO Ltd. (ACO.X:CA) — TD Securities maintains its Buy rating and raises its price target to $100.00 from $98.00.
Canadian Utilities Ltd. (CU:CA) — TD Securities maintains its Buy rating and raises its price target to $58.00 from $57.00.
Chorus Aviation Inc. (CHR:CA) — CIBC maintains its Outperform rating and raises its price target to $41.00 from $33.00.
Constellation Software Inc. (CSU:CA) — Desjardins Securities maintains its Buy rating and raises its price target to $4,100.00 from $4,000.00.
Constellation Software Inc. (CSU:CA) — TD Securities maintains its Buy rating and raises its price target to $4,500.00 from $4,200.00.
Constellation Software Inc. (CSU:CA) — Canaccord Genuity maintains its Outperform rating and raises its price target to $4,100.00 from $3,700.00.
CT REIT (CRT.UN:CA) — Scotiabank maintains its Sector Perform rating with a price target of $18.50.
CT REIT (CRT.UN:CA) — CIBC maintains its Neutral rating and raises its price target to $19.00 from $18.50.
Diversified Royalty Corp. (DIV:CA) — Desjardins Securities maintains its Buy rating and lowers its price target to $4.50 from $4.75.
Diversified Royalty Corp. (DIV:CA) — Raymond James maintains its Outperform rating and lowers its price target to $4.40 from $5.00.
Docebo Inc. (DCBO:CA) — Scotiabank maintains its Sector Outperform rating with a converted price target of C$49.63 (US$35.00).
Doman Building Materials Group Ltd. (DBM:CA) — Desjardins Securities maintains its Buy rating and lowers its price target to $12.00 from $12.50.
Doman Building Materials Group Ltd. (DBM:CA) — CIBC maintains its Neutral rating and lowers its price target to $12.00 from $12.50.
Dream Office REIT (D.UN:CA) — TD Securities maintains its Hold rating with a price target of $17.00.
Dream Office REIT (D.UN:CA) — Desjardins Securities maintains its Hold rating and raises its price target to $17.50 from $17.00.
Dream Office REIT (D.UN:CA) — Scotiabank maintains its Sector Perform rating with a price target of $20.50.
Emera Inc. (EMA:CA) — TD Securities maintains its Buy rating and raises its price target to $77.00 from $75.00.
Greenfire Resources Ltd. (GFR:CA) — TD Securities downgrades the stock from Buy to Sell with a price target of $11.00.
Greenfire Resources Ltd. (GFR:CA) — National Bank changes its recommendation from Outperform to Tender with a price target of $11.00.
HEALWELL AI Inc. (AIDX:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $1.50.
Hemlo Mining Corp. (HMMC:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $9.50.
iA Financial Corporation Inc. (IAG:CA) — National Bank maintains its Sector Perform rating and raises its price target to $221.00 from $215.00.
iA Financial Corporation Inc. (IAG:CA) — TD Securities maintains its Hold rating and raises its price target to $225.00 from $219.00.
iA Financial Corporation Inc. (IAG:CA) — Scotiabank maintains its Sector Perform rating with a price target of $225.00.
iA Financial Corporation Inc. (IAG:CA) —CIBC maintains its Outperform rating and raises its price target to $225.00 from $220.00.
Interfor Corp. (IFP:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $20.00.
IsoEnergy Ltd. (ISO:CA) — National Bank maintains its Outperform rating and lowers its price target to $18.00 from $20.00.
IsoEnergy Ltd. (ISO:CA) — RBC maintains its Outperform rating and lowers its price target to $20.00 from $25.00.
Keyera Corporation (KEY:CA) —CIBC maintains its Outperform rating and lowers its price target to $64.00 from $65.00.
Mogotes Metals Inc. (MOG:CA) — Stifel Nicolaus initiates coverage with a Speculative Buy rating and a price target of $0.58.
Morguard Corp. (MRC:CA) — RBC maintains its Sector Perform rating and lowers its price target to $140.00 from $150.00.
Nexus Industrial REIT (NXR.UN:CA) — Raymond James maintains its Outperform rating and raises its price target to $9.00 from $8.25.
Nexus Industrial REIT (NXR.UN:CA) — Scotiabank maintains its Sector Perform rating with a price target of $9.00.
Ongwe Minerals Inc. (OGW:CA) — Stifel initiates coverage with a Speculative Buy rating and a price target of $2.80.
Pet Valu Holdings Ltd. (PET:CA) — CIBC maintains its Outperform rating and raises its price target to $27.00 from $22.00.
Peyto Exploration & Development Corp. (PEY:CA) — TD Securities maintains its Hold rating with a price target of $25.00.
Peyto Exploration & Development Corp. (PEY:CA) — National Bank maintains its Outperform rating and raises its price target to $30.00 from $29.00.
Peyto Exploration & Development Corp. (PEY:CA) — Scotiabank maintains its Sector Perform rating with a price target of $27.00.
Pollard Banknote Ltd. (PBL:CA) — ATB Cormark downgrades the stock from Outperform to Sector Perform and lowers its price target to $18.00 from $31.00.
Pollard Banknote Ltd. (PBL:CA) — Raymond James maintains its Outperform rating and lowers its price target to $22.50 from $28.00.
Quarterhill Inc. (QTRH:CA) — CIBC maintains its Outperform rating and lowers its price target to $3.60 from $4.00.
Russel Metals Inc. (RUS:CA) — TD Securities maintains its Buy rating with a price target of $94.00.
Strathcona Resources Ltd. (SCR:CA) — National Bank maintains its Outperform rating and lowers its price target to $59.00 from $62.00.
Strathcona Resources Ltd. (SCR:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $54.00.
Trisura Group Ltd. (TSU:CA) — Desjardins Securities downgrades the stock from Buy to Hold and lowers its price target to $36.00 from $56.00.
WELL-Health Technologies Corp. (WELL:CA) — TD Securities maintains its Buy rating and lowers its price target to $7.50 from $8.00.
WELL-Health Technologies Corp. (WELL:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $6.00.
Westshore Terminals Investment Corp. (WTE:CA) — RBC maintains its Outperform rating and raises its price target to $48.00 from $47.00.
White Gold Corp. (WGO:CA) — Stifel initiates coverage with a Speculative Buy rating and a price target of $3.45.
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