Canadian Analyst Updates: Oct 28th, 2026

Analyst Ratings and Price Target Updates

AG Growth International Inc. (AFN:CA) — CIBC maintained its Neutral rating with a price target of $8.50.

AirBoss of America Corp. (BOS:CA) — TD Securities maintained its Buy rating with a price target of $11.00.

Aritzia Inc. (ATZ:CA) — Canaccord Genuity maintained its Buy rating and raised its price target to $197.00 from $194.00.

Aritzia Inc. (ATZ:CA) — RBC Capital maintained its Outperform rating and raised its price target to $207.00 from $195.00.

Aritzia Inc. (ATZ:CA) — Scotiabank maintained its Outperform rating and raised its price target to $185.00 from $175.00.

Aritzia Inc. (ATZ:CA) — TD Securities maintained its Buy rating and raised its price target to $190.00 from $175.00.

Aritzia Inc. (ATZ:CA) — Ventum Capital maintained its Neutral rating and raised its price target to $173.00 from $160.00.

Atrium Mortgage Investment Corp. (AI:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $11.50 from $12.00.

ATS-Corporation (ATS:CA) — TD Securities maintained its Hold rating with a price target of $33.00.

AutoCanada Inc. (ACQ:CA) — Desjardins Securities maintained its Hold rating with a price target of $27.00.

Badger Infrastructure Solutions Ltd. (BDGI:CA) — TD Securities maintained its Buy rating and raised its price target to $111.00 from $110.00.

BCE-Inc. (BCE:CA) — Scotiabank maintained its Outperform rating with a price target of $36.50.

BCE-Inc. (BCE:CA) — TD Securities maintained its Buy rating and raised its price target to $44.00 from $40.00.

Brookfield Business Corp. (BBUC:CA) — National Bank maintained its Outperform rating and lowered its price target to $53.00 from $59.00.

BRP Inc. (DOO:CA) — Scotiabank maintained its Sector Perform rating with a price target of $10.00.

CAE-Inc. (CAE:CA) — RBC Dominion Securities maintained its Outperform rating and raised its price target to $47.00 from $46.00.

Canada Packers Inc. (CPKR:CA) — TD Securities maintained its Buy rating with a price target of $17.00.

CCL Industries Inc. (CCL.A:CA) — National Bank maintained its Outperform rating and raised its price target to $115.00 from $106.00.

Celestica Inc. (CLS:CA) — Citigroup maintained its Buy rating and raised its price target to $612.00 from $583.00.

Celestica Inc. (CLS:CA) — TD Securities maintained its Buy rating with a price target of $604.00.

Cineplex Inc. (CGX:CA) — RBC Dominion Securities maintained its Outperform rating and raised its price target to $16.00 from $15.00.

Colliers International Group Inc. (CIGI:CA) — Scotiabank maintained its Outperform rating and lowered its price target to $182.50 from $203.50.

Definity Financial Corp. (DFY:CA) — National Bank maintained its Outperform rating and lowered its price target to $92.00 from $96.00.

Dominion Lending Centres Inc. (DLCG:CA) — National Bank maintained its Outperform rating and lowered its price target to $12.00 from $13.00.

Element Fleet Management Corp. (EFN:CA) — National Bank maintained its Outperform rating and lowered its price target to $35.00 from $50.00.

Elemental Royalty Corp. (ELE:CA) — National Bank maintained its Outperform rating and raised its price target to $38.00 from $35.00.

Fairfax Financial Holdings Ltd. (FFH:CA) — National Bank maintained its Outperform rating and raised its price target to $3,600.00 from $3,450.00.

Fiera Capital Corp. (FSZ:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $3.25 from $5.00.

Firm Capital Mortgage Investment Corp. (FC:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $11.00 from $12.00.

iA Financial Corporation Inc. (IAG:CA) — Scotiabank raised its price target to C$225.00.

IGM-Financial Inc. (IGM:CA) — Scotiabank raised its price target to C$88.00.

K-Bro Linen Inc. (KBL:CA) — National Bank maintained its Outperform rating and raised its price target to $56.00 from $54.00.

Manulife Financial Corp. (MFC:CA) — Scotiabank downgraded its rating to Sector Perform from Sector Outperform and established a price target of $67.00.

MCAN Mortgage Corp. (MKP:CA) — National Bank maintained its Outperform rating and lowered its price target to $25.00 from $27.00.

NFI-Group Inc. (NFI:CA) — TD Securities maintained its Buy rating and lowered its price target to $32.00 from $33.00.

Nutrien Ltd. (NTR:CA) — Raymond James maintained its Outperform rating and lowered its price target to $116.50 from $126.00.

Ovintiv Inc. (OVV:CA) — National Bank maintained its Outperform rating and raised its price target to $133.00 from $132.00.

Pet Valu Holdings Ltd. (PET:CA) — TD Securities maintained its Buy rating with a price target of $24.00.

Power Corporation of Canada (POW:CA) — Scotiabank raised its price target to C$107.50.

PrairieSky Royalty Ltd. (PSK:CA) — Raymond James maintained its Market Perform rating and raised its price target to $42.00 from $39.00.

PrairieSky Royalty Ltd. (PSK:CA) — RBC Capital maintained its Outperform rating and raised its price target to $42.00 from $39.00.

Precision Drilling Corporation (PD:CA) — CIBC maintained its Outperform rating and raised its price target to $160.00 from $155.00.

Precision Drilling Corporation (PD:CA) — TD Securities maintained its Buy rating with a price target of $150.00.

Restaurant Brands International Inc. (QSR:CA) — Scotiabank maintained its Sector Perform rating with a price target of $114.00.

Savaria Corp. (SIS:CA) — TD Securities maintained its Buy rating with a price target of $37.00.

Sun Life Financial Corp. (SLF:CA) — Scotiabank upgraded its rating to Outperform from Sector Perform and set a price target of $122.00.

Thomson Reuters Corp. (TRI:CA) — RBC Dominion Securities maintained its Outperform rating and raised its price target to $182.50 from $174.00.

Timbercreek Financial Corp. (TF:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $6.00 from $6.50.

TMX Group Ltd. (X:CA) — National Bank maintained its Outperform rating and raised its price target to $67.00 from $64.00.

Trican Well Service Ltd. (TCW:CA) — ATB Cormark maintained its Outperform rating and raised its price target to $8.50 from $8.00.

Trican Well Service Ltd. (TCW:CA) — TD Securities maintained its Buy rating and raised its price target to $9.00 from $8.00.