Analyst Ratings (Canada)
Canadian analysts remain cautiously optimistic today, with positive sentiment in energy, mining, and select growth sectors. However, price target reductions outnumber increases, particularly in real estate, reflecting valuation pressures and economic uncertainty. Overall, analysts favour financially resilient companies with strong earnings and stable cash flow, and signalling a selective and increasingly defensive market outlook.
Updates (41)
AbraSilver Resource Corp. (ABRA:CA) — TD Securities maintained its Buy rating with a $18.00 price target.
Altus Group Ltd. (AIF:CA) — National Bank maintained its Sector Perform rating and raised its price target to $55.00 from $50.00.
Aritzia Inc. (ATZ:CA) — Ventum Capital maintained its Neutral rating with a $160.00 price target.
AtkinsRéalis Group Inc. (ATRL:CA) — Raymond James maintained its Strong Buy rating and lowered its price target to $120.00 from $125.00.
Boardwalk REIT (BEI.UN:CA) — National Bank maintained its Outperform rating and lowered its price target to $74.25 from $81.00.
Brookfield Infrastructure Partners L.P. (BIP-UN:CA) — TD Securities maintained its Buy rating with a $57.00 price target.
CAE-Inc. (CAE:CA) — National Bank maintained its Outperform rating and lowered its price target to $48.00 from $49.00.
Canada Packers Inc. (CPKR:CA) — Ventum Capital maintained its Buy rating and lowered its price target to $17.50 from $21.50.
Celestica Inc. (CLS:CA) — TD Securities maintained its Buy rating with a $430.00 price target.
CT REIT (CRT.UN:CA) — National Bank upgraded the stock to Outperform with an $18.75 price target.
CT REIT (CRT.UN:CA) — Scotiabank maintained its Sector Perform rating with an $18.50 price target.
Docebo Inc. (DCBO:CA) — National Bank maintained its Sector Perform rating and raised its price target to $43.50 from $34.00.
Dollarama Inc. (DOL:CA) — Ventum Capital maintained its Buy rating and raised its price target to $231.00 from $225.00.
Dominion Lending Centres Inc. (DLCG:CA) — Desjardins Securities maintained its Buy rating and lowered its price target to $12.50 from $13.50.
Dream Office REIT (D.UN:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $17.50 from $20.50.
Extendicare Inc. (EXE:CA) — National Bank maintained its Outperform rating and lowered its price target to $40.00 from $45.00.
Flagship Communities REIT (MHC.UN:CA) — National Bank maintained its Outperform rating and lowered its price target to $25.25 from $26.50.
Gildan Activewear Inc. (GIL:CA) — TD Securities maintained its Buy rating with a $54.00 price target.
Granite REIT (GRT.UN:CA) — National Bank maintained its Outperform rating and lowered its price target to $100.00 from $112.00.
Groupe Dynamite Inc. (GRGD:CA) — Ventum Capital maintained its Buy rating with a $95.00 price target.
H&R REIT (HR.UN:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $10.75 from $11.50.
Hemlo Mining Corp. (HMCC:CA) — TD Securities maintained its Buy rating with an $8.50 price target.
High Liner Foods Inc. (HLF:CA) — Ventum Capital maintained its Neutral rating with a $16.50 price target.
Hudbay Minerals Inc. (HBM:CA) — TD Securities maintained its Buy rating with a $33.00 price target.
Kelt Exploration Ltd. (KEL:CA) — RBC Capital maintained its Outperform rating and raised its price target to $13.00 from $11.00.
Kraken Robotics Inc. (PNG:CA) — National Bank maintained its Outperform rating and lowered its price target to $8.00 from $10.00.
Loblaw Companies Ltd. (L:CA) — National Bank maintained its Outperform rating and raised its price target to $72.00 from $70.00.
Maple Leaf Foods Inc. (MFI:CA) — Ventum Capital maintained its Buy rating and lowered its price target to $35.00 from $37.00.
PrairieSky Royalty Ltd. (PSK:CA) — RBC Capital maintained its Outperform rating and raised its price target to $39.00 from $38.00.
Premium Brands Holdings Corp. (PBH:CA) — Ventum Capital maintained its Buy rating with a $127.00 price target.
Real Matters Inc. (REAL:CA) — National Bank maintained its Sector Perform rating and lowered its price target to $5.00 from $6.50.
RioCan REIT (REI.UN:CA) — National Bank maintained its Outperform rating and lowered its price target to $24.50 from $26.50.
Russel Metals Inc. (RUS:CA) — Raymond James maintained its Market Perform rating and raised its price target to $92.00 from $82.00.
Saputo Inc. (SAP:CA) — Ventum Capital maintained its Buy rating with a $49.00 price target.
StorageVault Canada Inc. (SVI:CA) — National Bank maintained its Outperform rating and lowered its price target to $6.00 from $6.50.
Tamarack Valley Energy Ltd. (TVE:CA) — RBC Capital maintained its Outperform rating and raised its price target to $17.00 from $15.00.
Thomson Reuters Corp. (TRI:CA) — TD Securities maintained its Buy rating with a $200.00 price target.
Tiny Ltd. (TINY:CA) — Canaccord Genuity maintained its Speculative Buy rating with a $9.50 price target.
Volatus Aerospace Inc. (FLT:CA) — ATB Cormark maintained its Speculative Buy rating with a $1.00 price target.
Whitecap Resources Inc. (WCP:CA) — Scotiabank maintained its Outperform rating with a $22.00 price target.
Whitecap Resources Inc. (WCP:CA) — RBC Capital maintained its Outperform rating and raised its price target to $22.00 from $20.00.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
Related research
How Trump’s Tariffs Could Shake Up Magna International’s Auto Parts Business
STA Research (Rank#25) Maintained “Hold” Rating on Starbucks, $110 target (SBUX:NSD)
Bank of Canada Looks to Pause rates as Recession Looms
Canadian Analyst Updates — October 20th, 2026
Canadian Analyst Updates: October 19th, 2026
Canadian Analyst Updates: October 16th, 2026
A monthly perspective in your inbox.
Five research sections in the STA Research Professional Newsletter.