{"id":69260,"date":"2025-11-21T03:00:28","date_gmt":"2025-11-21T03:00:28","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=69260"},"modified":"2025-11-21T03:00:28","modified_gmt":"2025-11-21T03:00:28","slug":"canadian-analyst-updates-november-20th-2025","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-november-20th-2025\/","title":{"rendered":"Canadian Analyst Updates: November 20th, 2025"},"content":{"rendered":"

Analyst Ratings (Canada)<\/a><\/h2>\n

AbraSilver Resource Corp. (ABRA:CA) \u2013 Scotiabank maintained its Outperform rating and set a $9.00 target price, reflecting confidence in ongoing project advancement and supportive commodity price outlooks.<\/p>\n

Automotive Properties REIT (APR.UN:CA) \u2013 Raymond James lowered its target price to $12.50 from $12.75 while maintaining Outperform, reflecting adjustments to interest-rate assumptions and broader REIT-sector valuation compression.<\/p>\n

Automotive Properties REIT (APR-UN:CA) \u2013 Scotiabank maintained its Sector Perform rating with a $12.50 target, indicating expectations for steady but limited near-term growth aligned with sector averages.<\/p>\n

B2Gold (BTO:CA) \u2013 CIBC World Markets lowered its target price to $8.50, reflecting updated gold-price forecasts and mine-level cost considerations.<\/p>\n

Brookfield Asset Management (BAM:CA) \u2013 Scotiabank maintained its Outperform rating with a $9.50 target, reflecting strong fee-related earnings visibility and resilient asset-management fundamentals.<\/p>\n

BRP Inc. (DOO:CA) \u2013 TD Securities maintained its Buy rating and $106.00 target, pointing to durable demand trends and operational execution in recreational vehicles.<\/p>\n

Canadian Natural Resources (CNQ:CA) \u2013 RBC Capital issued a $62.00 target and an Outperform rating, reflecting stable production prospects and supportive crude-oil pricing assumptions.<\/p>\n

Cenovus Energy (CVE:CA) \u2013 Morgan Stanley raised its target to $31.00 from $26.00, driven by improving oil-market fundamentals and enhanced upstream margin outlooks.<\/p>\n

CES Energy Solutions (CEU:CA) \u2013 National Bank increased its target to $13.00 from $10.50 while maintaining Outperform, highlighting strengthening drilling activity and margin expansion potential.<\/p>\n

DPM Metals (DPM:CA) \u2013 CIBC World Markets maintained a Neutral rating with a $40.00 target, reflecting balanced risk-reward amid mixed commodity-price dynamics.<\/p>\n

Equinox Gold (EQX:CA) \u2013 CIBC World Markets raised its target to $23.00 from $22.00, maintaining the Outperform rating, supported by improving project visibility and stronger gold-price forecasts.<\/p>\n

Imperial Oil (IMO:CA) \u2013 Morgan Stanley raised its target to $101.00 from $97.00, reflecting updated oil-price expectations and continued capital-return strength.<\/p>\n

Kinross Gold (K:CA) \u2013 CIBC World Markets increased its target to $52.00 from $36.00 and maintained Outperform, reflecting stronger operational performance and revised gold-price assumptions.<\/p>\n

Metro Inc. (MRU:CA) \u2013 Scotiabank raised its target to $110.00 from $108.00, maintaining Outperform, reflecting steady consumer-staples demand and margin resilience.<\/p>\n

Metro Inc. (MRU:CA) \u2013 Desjardins Securities issued a Hold rating with a $105.00 target, indicating expectations for stable but moderated growth relative to valuation.<\/p>\n

Metro Inc. (MRU:CA) \u2013 Scotiabank provided an additional update raising its target to $110.00, reflecting continued confidence in defensive cash-flow consistency.<\/p>\n

Metro Inc. (MRU:CA) \u2013 CIBC World Markets maintained its Buy rating with a $118.00 target, reflecting strong competitive positioning and reliable earnings momentum.<\/p>\n

NexLiving Communities (NXLV:CA) \u2013 Raymond James lowered its target to $2.60 from $2.50, maintaining Outperform, adjusting for sector-wide interest-rate sensitivities but still recognizing solid occupancy trends.<\/p>\n

Northland Power (NPI:CA) \u2013 CIBC World Markets reduced its target to $24.00 from $25.00, maintaining Outperform, due to updated renewable-energy project assumptions and macro cost pressures.<\/p>\n

Northland Power (NPI:CA) \u2013 TD Securities maintained its Buy rating with a $22.00 target, emphasizing long-term contracted cash flows in offshore wind and renewables.<\/p>\n

Open Text (OTEX:CA) \u2013 CIBC World Markets maintained a Neutral rating with a $56.00 target, reflecting mixed outlooks for software demand and integration progress.<\/p>\n

Real Matters (REAL:CA) \u2013 TD Securities maintained its Buy rating with a $9.00 target, reflecting expectations for volume recovery in mortgage-related services.<\/p>\n

Roots (ROOTS:CA) \u2013 TD Securities maintained its Buy rating with a $4.00 target, pointing to brand-repositioning efforts and improving retail performance.<\/p>\n

Sienna Senior Living (SIA:CA) \u2013 Desjardins Securities raised its target to $23.00 from $21.00, maintaining Buy, supported by improving occupancy levels and sector recovery trends.<\/p>\n

South Bow Corporation (SOBO:CA) \u2013 Scotiabank maintained its Sector Perform rating with a $29.00 target, reflecting moderate growth expectations relative to peers.<\/p>\n

Stella-Jones (SJ:CA) \u2013 Raymond James issued a $100.00 target and maintained Outperform, reflecting strong infrastructure demand and resilient utility-pole markets.<\/p>\n

Stella-Jones (SJ:CA) \u2013 TD Securities maintained its Buy rating with a $97.00 target, based on continued earnings momentum and stable end-market conditions.<\/p>\n

WELL Health Technologies (WELL:CA) \u2013 TD Securities maintained its Buy rating with a $7.50 target, highlighting sustained digital-health adoption and growing revenue streams.<\/p>\n","protected":false},"excerpt":{"rendered":"

Analyst Ratings (Canada) AbraSilver Resource Corp. (ABRA:CA) \u2013 Scotiabank maintained its Outperform rating and set a $9.00 target price, reflecting confidence in ongoing project advancement…<\/p>\n","protected":false},"author":3,"featured_media":69265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-69260","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"\nCanadian Analyst Updates: November 20th, 2025 | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-november-20th-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian Analyst Updates: November 20th, 2025\" \/>\n<meta property=\"og:description\" content=\"Analyst Ratings (Canada) AbraSilver Resource Corp. 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