{"id":74175,"date":"2026-07-03T03:56:38","date_gmt":"2026-07-03T03:56:38","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=74175"},"modified":"2026-07-03T03:56:38","modified_gmt":"2026-07-03T03:56:38","slug":"canadian-analyst-updates-july-2nd-2026","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-july-2nd-2026\/","title":{"rendered":"Canadian Analyst Updates: July 2nd, 2026"},"content":{"rendered":"

Global Markets<\/strong><\/a><\/h2>\n

Analyst sentiment was broadly positive across Canadian stocks today, with the majority of updates consisting of positive ratings accompanied by higher target forecasts. Financial and real estate companies continue to receive favorable recommendations, reflecting confidence in earnings and valuation prospects. Industrials and transportation companies, and also saw target price increases, indicating improving growth expectations, while resource related stocks maintained positive coverage.<\/p>\n

Analyst Updates<\/strong><\/h3>\n

Algoma Steel Group (ASTL:CA)<\/strong> \u2014 RBC Capital maintained its Sector Perform<\/strong> rating on Algoma Steel Group and kept its price target at $7.00<\/strong>.<\/p>\n

Aurora Cannabis (ACB:CA)<\/strong> \u2014 Canaccord Genuity maintained its Buy<\/strong> rating on Aurora Cannabis while lowering its price target to $5.00<\/strong> from $6.50<\/strong>.<\/p>\n

BCE (BCE:CA)<\/strong> \u2014 TD Securities maintained its Buy<\/strong> rating on BCE with a $37.00<\/strong> price target.<\/p>\n

Cameco (CCO:CA)<\/strong> \u2014 TD Securities maintained its Buy<\/strong> rating on Cameco and reiterated its $185.00<\/strong> price target.<\/p>\n

DRI Healthcare Trust (DHT.UN:CA)<\/strong> \u2014 Canaccord Genuity maintained its Buy<\/strong> rating and raised its price target to $23.00<\/strong> from $22.25<\/strong>.<\/p>\n

DRI Healthcare Trust (DHT.UN:CA)<\/strong> \u2014 Stifel Nicolaus maintained its Buy<\/strong> rating and increased its price target to $24.00<\/strong> from $23.00<\/strong>.<\/p>\n

EQB Inc. (EQB:CA)<\/strong> \u2014 CIBC maintained its Outperform<\/strong> rating and raised its price target to $151.00<\/strong> from $116.00<\/strong>.<\/p>\n

GO Residential REIT (GO-UN:CA)<\/strong> \u2014 CIBC maintained its Outperform<\/strong> rating with a $20.00<\/strong> price target.<\/p>\n

Great-West Lifeco (GWO:CA)<\/strong> \u2014 CIBC maintained its Outperform<\/strong> rating and reiterated its $81.00<\/strong> price target.<\/p>\n

Hammond Power Solutions (HPS.A:CA)<\/strong> \u2014 Raymond James initiated coverage with an Outperform<\/strong> rating and a $405.00<\/strong> price target.<\/p>\n

Hammond Power Solutions (HPS.A:CA)<\/strong> \u2014 Acumen Capital maintained its Buy<\/strong> rating and raised its price target to $365.00<\/strong> from $345.00<\/strong>.<\/p>\n

Koryx Copper (KRY:CA)<\/strong> \u2014 BMO maintained its Outperform<\/strong> rating with a $6.00<\/strong> price target.<\/p>\n

Methanex (MX:CA)<\/strong> \u2014 CIBC maintained its Neutral<\/strong> rating and reiterated its $98.00<\/strong> price target.<\/p>\n

Metro (MRU:CA)<\/strong> \u2014 National Bank maintained its Sector Perform<\/strong> rating with a $105.00<\/strong> price target.<\/p>\n

Mullen Group (MTL:CA)<\/strong> \u2014 CIBC maintained its Neutral<\/strong> rating and increased its price target to $22.00<\/strong> from $20.00<\/strong>.<\/p>\n

Neo Performance Materials (NEO:CA)<\/strong> \u2014 ATB Cormark maintained its Outperform<\/strong> rating and raised its price target to $43.00<\/strong> from $37.50<\/strong>.<\/p>\n

Nutrien (NTR:CA)<\/strong> \u2014 Scotiabank maintained its Outperform<\/strong> rating and reiterated its $113.00<\/strong> price target.<\/p>\n

Paramount Resources (POU:CA)<\/strong> \u2014 Scotiabank maintained its Sector Perform<\/strong> rating with a $35.00<\/strong> price target.<\/p>\n

Parkit Enterprise (PKT:CA)<\/strong> \u2014 Scotiabank maintained its Sector Perform<\/strong> rating and raised its price target to $10.50<\/strong>.<\/p>\n

Primaris REIT (PMZ-UN:CA)<\/strong> \u2014 TD Securities maintained its Buy<\/strong> rating and increased its price target to $24.00<\/strong> from $22.00<\/strong>.<\/p>\n

Primaris REIT (PMZ.UN:CA)<\/strong> \u2014 Scotiabank maintained its Sector Perform<\/strong> rating and raised its price target to $22.00<\/strong> from $19.75<\/strong>.<\/p>\n

Quarterhill (QTRH:CA)<\/strong> \u2014 CIBC maintained its Outperform<\/strong> rating and raised its price target to $4.50<\/strong> from $2.50<\/strong>.<\/p>\n

RB Global (RBA:CA)<\/strong> \u2014 Raymond James upgraded RB Global to Strong Buy<\/strong> and established a $205.00<\/strong> price target.<\/p>\n

Russel Metals (RUS:CA)<\/strong> \u2014 RBC Capital maintained its Outperform<\/strong> rating and increased its price target to $68.00<\/strong> from $63.00<\/strong>.<\/p>\n

SmartCentres REIT (SRU-UN:CA)<\/strong> \u2014 CIBC maintained its Outperform<\/strong> rating with a $33.00<\/strong> price target.<\/p>\n

TFI International (TFII:CA)<\/strong> \u2014 CIBC maintained its Outperform<\/strong> rating and raised its price target to $244.00<\/strong> from $229.50<\/strong>.<\/p>\n

More Ratings:<\/em><\/strong><\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Global Markets Analyst sentiment was broadly positive across Canadian stocks today, with the majority of updates consisting of positive ratings accompanied by higher target forecasts….<\/p>\n","protected":false},"author":3,"featured_media":74177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-74175","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"\nCanadian Analyst Updates: July 2nd, 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-july-2nd-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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