{"id":73918,"date":"2026-06-12T20:36:30","date_gmt":"2026-06-12T20:36:30","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=73918"},"modified":"2026-06-15T23:38:12","modified_gmt":"2026-06-15T23:38:12","slug":"canadian-analyst-updates-june-12th-2026","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-june-12th-2026\/","title":{"rendered":"Canadian Analyst Updates: June 12th, 2026"},"content":{"rendered":"

Analyst Ratings (Canada)<\/strong><\/a><\/h2>\n
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Today\u2019s analyst coverage reflects a positive but selective market tone, with\u00a0 target increases in higher-quality, defensive, and steady-growth names. Strength was most evident in consumer staples and value retail, where multiple upward revisions signaled strong confidence in earnings resilience and demand stability.<\/p>\n

Financial infrastructure and growth companies also retained positive momentum with reiterated bullish ratings and modest target lifts, reinforcing expectations of stable cash flow and durable business models.<\/p>\n

Cyclical and travel-exposed names such as Transat A.T. showed mild caution with small target reductions, indicating concerns around margin pressure and normalization in demand.<\/p>\n

The market tone suggests a \u201cselective risk-on\u201d environment, as analysts remain relatively optimistic on the market, but are increasingly differentiating between resilient stock performers and more economically sensitive segments rather than applying broad-based upside across sectors.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

28 Analyst Updates<\/strong><\/h3>\n
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Alithya Group Inc. (ALYA:CA)<\/strong> \u2013 Scotiabank lowered its price target to $1.25 from $1.50 while maintaining a Sector Perform rating.<\/p>\n

Aurora Cannabis (ACB:CA)<\/strong> \u2013 TD Securities reduced its price target to $8.00 from $10.00 while maintaining a Buy rating.<\/p>\n

Aurora Cannabis (ACB:CA)<\/strong> \u2013 Canaccord Genuity lowered its price target to $6.50 from $8.00 while maintaining a Buy rating.<\/p>\n

CGI Inc. (GIB.A:CA)<\/strong> \u2013 National Bank maintained an Outperform rating with a $135.00 price target.<\/p>\n

Denison Mines Corp. (DML:CA)<\/strong> \u2013 TD Securities maintained a Buy rating with a $6.50 price target.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 BMO raised its price target to $221.00 from $210.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 Canaccord Genuity raised its price target to $204.00 from $187.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 CIBC raised its price target to $228.00 from $202.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 Desjardins raised its price target to $215.00 from $205.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 Jefferies raised its price target to $230.00 from $200.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 National Bank raised its price target to $209.00 from $203.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 Scotiabank raised its price target to $220.00 from $200.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 Stifel Nicolaus raised its price target to $215.00 from $190.00.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 TD Securities raised its price target to $227.00 from $225.00 while maintaining a Buy rating.<\/p>\n

Dollarama Inc. (DOL:CA)<\/strong> \u2013 Bank of America initiated coverage at Buy with a $220.00 price target.<\/p>\n

Groupe Dynamite Inc. (GRGD:CA)<\/strong> \u2013 RBC Capital raised its price target to $107.00 from $105.00 while maintaining an Outperform rating.<\/p>\n

H&R REIT (HR-UN:CA)<\/strong> \u2013 CIBC maintained an Outperform rating with a $12.00 price target.<\/p>\n

H&R REIT (HR-UN:CA)<\/strong> \u2013 Scotiabank maintained a Sector Perform rating with an $11.75 price target.<\/p>\n

Major Drilling Group International Inc. (MDI:CA)<\/strong> \u2013 TD Securities raised its price target to $22.00 from $21.00 while maintaining a Buy rating.<\/p>\n

RioCan REIT (REI-UN:CA)<\/strong> \u2013 TD Securities maintained a Buy rating with a $26.00 price target.<\/p>\n

Roots Corp. (ROOT:CA)<\/strong> \u2013 TD Securities maintained a Hold rating with a $4.50 price target.<\/p>\n

TMX Group (X:CA)<\/strong> \u2013 Raymond James raised its price target to $65.25 from $61.50 while maintaining a Strong Buy rating.<\/p>\n

TMX Group (X:CA)<\/strong> \u2013 TD Securities maintained a Buy rating with a $64.00 price target.<\/p>\n

Transat A.T. Inc. (TRZ:CA)<\/strong> \u2013 TD Securities reduced its price target to $2.25 from $2.50 while maintaining a Hold rating.<\/p>\n

Transat A.T. Inc. (TRZ:CA)<\/strong> \u2013 Scotiabank maintained an Underperform rating with a $2.00 price target.<\/p>\n

Triple Flag Precious Metals (TFPM:CA)<\/strong> \u2013 Canaccord Genuity maintained a Buy rating with a $52.00 price target.<\/p>\n

Triple Flag Precious Metals Corp. (TFPM:CA)<\/strong> \u2013 TD Securities maintained a Buy rating with a $52.00 price target.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Analyst Ratings (Canada) Today\u2019s analyst coverage reflects a positive but selective market tone, with\u00a0 target increases in higher-quality, defensive, and steady-growth names. Strength was most…<\/p>\n","protected":false},"author":3,"featured_media":31100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73918","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"\nCanadian Analyst Updates: June 12th, 2026 | 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-june-12th-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian Analyst Updates: June 12th, 2026\" \/>\n<meta property=\"og:description\" content=\"Analyst Ratings (Canada) Today\u2019s analyst coverage reflects a positive but selective market tone, with\u00a0 target increases in higher-quality, defensive, and steady-growth names. 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