Analyst Ratings (Canada)
Canadian analyst outlook for today remains cautiously optimistic but increasingly selective, with favourable outlooks across energy, financial services, insurance, technology, and precious metals. Positive price target revisions reflect confidence in earnings resilience, cash flow generation, and long-term growth opportunities. However, widespread target reductions across industrials, manufacturing, real estate, and consumer-related sectors highlight concerns over margin pressures, weaker earnings expectations, and slowing economic activity. Downgrades in select financial and energy-related businesses further reinforce a cautious approach to valuations and operational risks.
Updates (98)
Alaris Equity Partners Income Trust (AD.UN:CA) — National Bank maintains its Outperform rating and lowers its price target to $30.00 from $31.50.
Alaris Equity Partners Income Trust (AD.UN:CA) — Raymond James maintains its Outperform rating and lowers its price target to $29.00 from $32.00.
Alaris Equity Partners Income Trust (AD.UN:CA) — ATB Cormark maintains its Outperform rating and lowers its price target to $28.00 from $28.50.
Atha Energy Corp. (SASK:CA) — Stifel Nicolaus maintains its Buy rating with a price target of $2.25.
ATS-Corporation (ATS:CA) — Stifel Nicolaus maintains its Buy rating and lowers its price target to $41.00 from $44.00.
ATS-Corporation (ATS:CA) — Raymond James maintains its Outperform rating and lowers its price target to $29.00 from $33.00.
ATS-Corporation (ATS:CA) — RBC maintains its Outperform rating and lowers its price target to $36.00 from $41.00.
ATS-Corporation (ATS:CA) — National Bank maintains its Outperform rating and lowers its price target to $41.00 from $42.00.
ATS-Corporation (ATS:CA) — TD Securities maintains its Hold rating and lowers its price target to $28.00 from $33.00.
ATS-Corporation (ATS:CA) — Desjardins Securities maintains its Buy rating and lowers its price target to $38.50 from $46.00.
ATS-Corporation (ATS:CA) — Scotiabank maintains its Sector Outperform rating and lowers its price target to $27.00 from $29.00.
Aya Gold & Silver Inc. (AYA:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $46.00.
B2Gold Corp. (BTO:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $10.00.
Boardwalk REIT (BEI.UN:CA) — Scotiabank maintains its Sector Perform rating and lowers its price target to $73.50 from $74.00.
Boardwalk REIT (BEI.UN:CA) — ATB Cormark maintains its Outperform rating and lowers its price target to $77.00 from $80.00.
Boardwalk REIT (BEI.UN:CA) — RBC maintains its Outperform rating and lowers its price target to $83.00 from $84.00.
Boardwalk REIT (BEI.UN:CA) — Raymond James maintains its Outperform rating and raises its price target to $73.00 from $72.50.
Boardwalk REIT (BEI.UN:CA) — TD Securities maintains its Buy rating with a price target of $76.00.
Brookfield Renewable Partners L.P. (BEP.UN:CA) — Desjardins Securities upgrades its rating to Buy with a price target of $49.00.
Brookfield Renewable Partners L.P. (BEP.UN:CA) — TD Securities maintains its Buy rating with a price target of US$39.00.
Canadian Apartment Properties REIT (CAR.UN:CA) — Scotiabank maintains its Sector Perform rating with a price target of $38.50.
Canfor Corporation (CFP:CA) — Scotiabank maintains its Sector Perform rating with a price target of $18.00.
Canfor Corporation (CFP:CA) — TD Securities maintains its Buy rating and raises its price target to $19.00 from $18.00.
Cenovus Energy Inc. (CVE:CA) — TD Securities maintains its Buy rating and raises its price target to $56.00 from $55.00.
Cenovus Energy Inc. (CVE:CA) — Raymond James maintains its Outperform rating and raises its price target to $53.00 from $51.00.
Cenovus Energy Inc. (CVE:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $56.00.
Colliers International Group Inc. (CIGI:CA) — Raymond James maintains its Strong Buy rating and lowers its price target to $210.28 from $224.30.
Colliers International Group Inc. (CIGI:CA) — Stifel maintains its Buy rating and lowers its price target to $210.28 from $217.29.
Colliers International Group Inc. (CIGI:CA) — National Bank maintains its Outperform rating and raises its price target to $171.03 from $152.80.
Colliers International Group Inc. (CIGI:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $182.24.
Crombie REIT (CRR.UN:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $18.50.
Denison Mines Corp. (DML:CA) — TD Securities maintains its Buy rating with a price target of $6.50.
Dream Industrial REIT (DIR.UN:CA) — National Bank maintains its Outperform rating and raises its price target to $15.00 from $14.75.
Dream Industrial REIT (DIR.UN:CA) — Scotiabank maintains its Sector Outperform rating and lowers its price target to $16.00 from $16.50.
Dream Industrial REIT (DIR.UN:CA) — TD Securities maintains its Buy rating with a price target of $15.00.
DRI Healthcare Trust (DHT.U:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $42.06.
Element Fleet Management Corp. (EFN:CA) — National Bank maintains its Outperform rating and lowers its price target to $30.00 from $35.00.
Element Fleet Management Corp. (EFN:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $32.00.
Enerflex Ltd. (EFX:CA) — TD Securities downgrades its rating from Buy to Hold and lowers its price target to $30.00 from $44.00.
Fairfax Financial Holdings Ltd. (FFH:CA) — Scotiabank maintains its Sector Outperform rating and raises its price target to $3,000.00 from $2,950.00.
Fairfax Financial Holdings Ltd. (FFH:CA) — Raymond James maintains its Outperform rating and raises its price target to $3,150.00 from $2,900.00.
Fairfax Financial Holdings Ltd. (FFH:CA) — RBC maintains its Outperform rating and raises its price target to $3,335.00 from $3,254.00.
Granite REIT (GRT.UN:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $110.00.
Great-West Lifeco Inc. (GWO:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $100.00.
Great-West Lifeco Inc. (GWO:CA) — TD Securities maintains its Buy rating and raises its price target to $105.00 from $102.00.
Imperial Oil Ltd. (IMO:CA) — Scotiabank maintains its Sector Perform rating and raises its price target to $186.00 from $183.00.
Intact Financial Corp. (IFC:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $315.00.
Ivanhoe Mines Ltd. (IVN:CA) — Scotiabank maintains its Sector Perform rating and lowers its price target to $10.00 from $14.00.
Killam Apartment REIT (KMP.UN:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $20.25.
Kinaxis Inc. (KXS:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $200.00.
Linamar Corp. (LNR:CA) — Scotiabank maintains its Sector Perform rating and lowers its price target to $103.00 from $111.00.
Linamar Corp. (LNR:CA) — TD Securities downgrades its rating from Buy to Hold and lowers its price target to $106.00 from $120.00.
Lumine Group Inc. (LMN:CA) — TD Securities maintains its Buy rating and raises its price target to $45.00 from $42.00.
Lumine Group Inc. (LMN:CA) — Desjardins Securities maintains its Buy rating and raises its price target to $40.00 from $38.00.
Lundin Mining Corp. (LUN:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $46.00.
Manulife Financial Inc. (MFC:CA) — TD Securities maintains its Buy rating and raises its price target to $72.00 from $69.00.
Manulife Financial Inc. (MFC:CA) — National Bank maintains its Outperform rating and raises its price target to $69.00 from $68.00.
Manulife Financial Inc. (MFC:CA) — Scotiabank maintains its Sector Perform rating with a price target of $67.00.
Maple Leaf Foods Inc. (MFI:CA) — Desjardins Securities maintains its Buy rating and lowers its price target to $33.00 from $36.00.
Maple Leaf Foods Inc. (MFI:CA) — TD Securities maintains its Buy rating and lowers its price target to $35.00 from $36.00.
Maple Leaf Foods Inc. (MFI:CA) — Scotiabank downgrades its rating from Sector Outperform to Sector Perform and lowers its price target to $30.00 from $33.00.
Maple Leaf Foods Inc. (MFI:CA) — RBC maintains its Outperform rating and lowers its price target to $33.00 from $34.00.
Maple Leaf Foods Inc. (MFI:CA) — Stifel maintains its Buy rating and lowers its price target to $35.00 from $36.00.
Nutrien Ltd. (NTR:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $112.15.
Propel Holdings Inc. (PRL:CA) — Stifel maintains its Buy rating and raises its price target to $40.00 from $38.00.
Propel Holdings Inc. (PRL:CA) — Ventum Capital maintains its Buy rating and raises its price target to $38.00 from $34.00.
Propel Holdings Inc. (PRL:CA) — Scotiabank maintains its Sector Perform rating with a price target of $29.00.
Propel Holdings Inc. (PRL:CA) — TD Securities maintains its Buy rating with a price target of $37.00.
Royal Gold Inc. (RGLD) — Scotiabank maintains its Sector Perform rating with a price target of $434.57.
Russel Metals Inc. (RUS:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $113.00.
Savaria Corp. (SIS:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $35.00.
SmartCentres REIT (SRU.UN:CA) — Scotiabank maintains its Sector Perform rating with a price target of $28.75.
South Bow Corp. (SOBO:CA) — TD Securities maintains its Hold rating and lowers its price target to $51.00 from $52.00.
South Bow Corp. (SOBO:CA) — Scotiabank maintains its Sector Perform rating with a price target of $54.67.
Sprott Inc. (SII:CA) — TD Securities maintains its Hold rating and lowers its price target to $168.00 from $175.00.
SSR Mining Inc. (SSRM:CA) — National Bank maintains its Outperform rating and lowers its price target to $65.00 from $68.00.
Stella-Jones Inc. (SJ:CA) — National Bank maintains its Sector Perform rating and lowers its price target to $80.00 from $92.00.
Stella-Jones Inc. (SJ:CA) — Scotiabank maintains its Sector Outperform rating and lowers its price target to $76.00 from $79.00.
Stella-Jones Inc. (SJ:CA) — TD Securities maintains its Buy rating and lowers its price target to $81.00 from $93.00.
Stella-Jones Inc. (SJ:CA) — Desjardins Securities maintains its Buy rating and lowers its price target to $77.00 from $99.00.
Stella-Jones Inc. (SJ:CA) — Raymond James maintains its Outperform rating and lowers its price target to $80.00 from $83.00.
Stella-Jones Inc. (SJ:CA) — RBC maintains its Sector Perform rating and lowers its price target to $70.00 from $76.00.
Sun Life Financial Inc. (SLF:CA) — National Bank downgrades its rating from Outperform to Sector Perform and lowers its price target to $120.00 from $124.00.
Sun Life Financial Inc. (SLF:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $122.00.
Sun Life Financial Inc. (SLF:CA) — TD Securities downgrades its rating from Buy to Hold and lowers its price target to $115.00 from $123.00.
Suncor Energy Inc. (SU:CA) — National Bank maintains its Outperform rating and raises its price target to $151.00 from $145.00.
Suncor Energy Inc. (SU:CA) — TD Securities maintains its Buy rating and raises its price target to $129.00 from $125.00.
Suncor Energy Inc. (SU:CA) — Scotiabank maintains its Sector Outperform rating and raises its price target to $126.00 from $123.00.
Superior Plus Corp. (SPB:CA) — TD Securities downgrades its rating from Hold to Sell and lowers its price target to $5.50 from $7.50.
Topicus.com Inc. (TOI:CA) — TD Securities maintains its Buy rating and raises its price target to $147.00 from $145.00.
Torex Gold Resources Inc. (TXG:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $95.00.
Tourmaline Oil Corp. (TOU:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $73.00.
Tourmaline Oil Corp. (TOU:CA) — TD Securities maintains its Hold rating with a price target of $67.00.
TransAlta Corp. (TA:CA) — TD Securities maintains its Buy rating with a price target of $26.00.
Triple Flag Precious Metals Corp. (TFPM:CA) — TD Securities maintains its Buy rating with a price target of $59.00.
Vermilion Energy Inc. (VET:CA) — Scotiabank maintains its Sector Perform rating with a price target of $20.00.
Vermilion Energy Inc. (VET:CA) — TD Securities maintains its Buy rating and lowers its price target to $21.00 from $22.00.
WSP-Global Inc. (WSP:CA) — Scotiabank maintains its Sector Outperform rating with a price target of $264.00.
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