{"id":74421,"date":"2026-07-28T20:35:51","date_gmt":"2026-07-28T20:35:51","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=74421"},"modified":"2026-07-28T20:35:51","modified_gmt":"2026-07-28T20:35:51","slug":"canadian-analyst-update-july-27th-2026","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-update-july-27th-2026\/","title":{"rendered":"Canadian Analyst Update: July 27th, 2026"},"content":{"rendered":"<h2><a href=\"https:\/\/www.stocktargetadvisor.com\/blog\/?p=74421&amp;preview=true\"><strong>Analyst Ratings (Canada)<\/strong><\/a><\/h2>\n<p>Today&#8217;s analyst coverage updates are bullish on the transportation, financials, mining, and industrials sectors, with numerous price target increases and reiterated positive ratings, reflecting confidence in earnings growth and resilient fundamentals. The energy and utilities sectors also received positive support through higher target prices, while the real estate sector saw a more cautious outlook with modest target reductions and Hold recommendations. Sentiment toward the consumer staples sector remained positive, and the technology sector continued to receive selective support with generally positive ratings but a more measured valuation outlook.<\/p>\n<h3><strong>48 Analyst Updates<\/strong><\/h3>\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"8440ffe5-4303-42f1-8860-5e0a252b9a80\" data-message-model-slug=\"gpt-5-5\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert wrap-break-word w-full light markdown-new-styling\">\n<p><strong data-start=\"2\" data-end=\"28\" data-is-only-node=\"\">5N Plus Inc. (VNP:CA):<\/strong> Ventum Financial reiterated its <strong data-start=\"61\" data-end=\"68\">Buy<\/strong> rating with a <strong data-start=\"83\" data-end=\"94\">C$44.00<\/strong> price target, reflecting confidence in the company&#8217;s long-term growth outlook.<\/p>\n<p><strong data-start=\"177\" data-end=\"211\" data-is-only-node=\"\">Agnico Eagle Mines Ltd. (AEM:CA):<\/strong> Citigroup lowered its price target to <strong>C$282<\/strong> from<strong> C$360<\/strong> while maintaining its <strong data-start=\"305\" data-end=\"312\">Buy<\/strong> rating, indicating continued confidence despite a more conservative valuation.<\/p>\n<p><strong data-start=\"395\" data-end=\"431\" data-is-only-node=\"\">Aya Gold &amp; Silver Inc. (AYA:CA):<\/strong> Desjardins Securities maintained its <strong data-start=\"469\" data-end=\"476\">Buy<\/strong> rating with a <strong data-start=\"491\" data-end=\"502\">C$38.00<\/strong> price target.<\/p>\n<p><strong data-start=\"520\" data-end=\"554\" data-is-only-node=\"\">Barrick Mining Corp. (ABX:CA):<\/strong> Citigroup updated its <strong data-start=\"577\" data-end=\"588\">Neutral<\/strong> rating with a <strong data-start=\"603\" data-end=\"614\">C$41.00<\/strong> price target following a target revision.<\/p>\n<p><strong data-start=\"816\" data-end=\"862\" data-is-only-node=\"\">Brookfield Asset Management Ltd. (BAM:CA):<\/strong> TD Securities increased its price target to <strong data-start=\"907\" data-end=\"918\">C$99.00<\/strong> from <strong data-start=\"924\" data-end=\"935\">C$97.00<\/strong> while reiterating its <strong data-start=\"958\" data-end=\"965\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"977\" data-end=\"1003\" data-is-only-node=\"\">Cameco Corp. (CCO:CA):<\/strong> UBS Securities maintained its <strong data-start=\"1023\" data-end=\"1030\">Buy<\/strong> rating with a <strong data-start=\"1045\" data-end=\"1057\">C$166.00<\/strong> price target.<\/p>\n<p><strong data-start=\"1075\" data-end=\"1118\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> BMO Capital Markets raised its price target to <strong data-start=\"1166\" data-end=\"1178\">C$195.00<\/strong> from <strong data-start=\"1184\" data-end=\"1196\">C$180.00<\/strong>, reflecting improved confidence in the railway&#8217;s outlook.<\/p>\n<p><strong data-start=\"1258\" data-end=\"1301\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> CIBC World Markets increased its price target to <strong data-start=\"1351\" data-end=\"1363\">C$198.00<\/strong> from <strong data-start=\"1369\" data-end=\"1381\">C$185.00<\/strong>.<\/p>\n<p><strong data-start=\"1386\" data-end=\"1429\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> J.P. Morgan raised its price target to <strong data-start=\"1469\" data-end=\"1481\">C$182.00<\/strong> from <strong data-start=\"1487\" data-end=\"1499\">C$175.00<\/strong>.<\/p>\n<p><strong data-start=\"1504\" data-end=\"1547\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> TD Securities raised its price target to <strong data-start=\"1578\" data-end=\"1590\">C$205.00<\/strong> from <strong data-start=\"1596\" data-end=\"1608\">C$191.00<\/strong> while maintaining a <strong data-start=\"1629\" data-end=\"1636\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"1648\" data-end=\"1691\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> Barclays Capital\u00a0 increased its price target to <strong data-start=\"1731\" data-end=\"1743\">C$185.00<\/strong> from <strong data-start=\"1749\" data-end=\"1761\">C$155.00<\/strong> while maintaining an <strong data-start=\"1783\" data-end=\"1799\">Equal-Weight<\/strong> rating.<\/p>\n<p><strong data-start=\"1811\" data-end=\"1854\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> Scotiabank raised its price target to <strong data-start=\"1889\" data-end=\"1901\">C$199.00<\/strong> from <strong data-start=\"1907\" data-end=\"1919\">C$194.00<\/strong> while maintaining a<strong data-start=\"1940\" data-end=\"1961\">\u00a0Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"1973\" data-end=\"2016\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> ATB Cormark increased its price target to <strong data-start=\"2059\" data-end=\"2071\">C$185.00<\/strong> from <strong data-start=\"2077\" data-end=\"2089\">C$166.00<\/strong> while maintaining a <strong data-start=\"2110\" data-end=\"2128\">Sector Perform<\/strong> rating.<\/p>\n<p><strong data-start=\"2140\" data-end=\"2183\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> RBC Capital raised its price target to <strong data-start=\"2223\" data-end=\"2235\">C$205.00<\/strong> from <strong data-start=\"2241\" data-end=\"2253\">C$195.00<\/strong> while reiterating its <strong data-start=\"2276\" data-end=\"2290\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"2302\" data-end=\"2345\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> National Bank increased its price target to <strong data-start=\"2390\" data-end=\"2402\">C$192.00<\/strong> from <strong data-start=\"2408\" data-end=\"2420\">C$173.00<\/strong> while maintaining a <strong data-start=\"2441\" data-end=\"2459\">Sector Perform<\/strong> rating.<\/p>\n<p><strong data-start=\"2471\" data-end=\"2514\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> Raymond James raised its price target to <strong data-start=\"2556\" data-end=\"2568\">C$200.00<\/strong> from <strong data-start=\"2574\" data-end=\"2586\">C$198.00<\/strong> while maintaining an <strong data-start=\"2608\" data-end=\"2622\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"2634\" data-end=\"2677\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> Wells Fargo increased its price target to <strong>C$204.00<\/strong> from<strong> C$190.00<\/strong> while maintaining an <strong data-start=\"2774\" data-end=\"2788\">Overweight<\/strong> rating.<\/p>\n<p><strong data-start=\"2800\" data-end=\"2843\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> Desjardins Securities raised its price target to <strong data-start=\"2893\" data-end=\"2905\">C$199.00<\/strong> from <strong data-start=\"2911\" data-end=\"2923\">C$185.00<\/strong> while maintaining a <strong data-start=\"2944\" data-end=\"2951\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"2963\" data-end=\"3006\" data-is-only-node=\"\">Canadian National Railway Co. (CNR:CA):<\/strong> TD Securities increased its price target to <strong data-start=\"3051\" data-end=\"3063\">C$205.00<\/strong> from <strong data-start=\"3069\" data-end=\"3081\">C$191.00<\/strong> while reiterating its <strong data-start=\"3104\" data-end=\"3111\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"3256\" data-end=\"3289\" data-is-only-node=\"\">Capital Power Corp. (CPX:CA):<\/strong> Wells Fargo raised its price target to <strong data-start=\"3329\" data-end=\"3340\">C$75.00<\/strong> from <strong data-start=\"3346\" data-end=\"3357\">C$72.00<\/strong> while maintaining an <strong data-start=\"3379\" data-end=\"3395\">Equal-Weight<\/strong> rating.<\/p>\n<p><strong data-start=\"3519\" data-end=\"3558\" data-is-only-node=\"\">Choice Properties REIT (CHP.UN:CA):<\/strong> Scotiabank maintained its <strong data-start=\"3585\" data-end=\"3599\">Outperform<\/strong> rating with a <strong data-start=\"3614\" data-end=\"3625\">C$17.00<\/strong> price target, down from<strong> C$17.50<\/strong><\/p>\n<p><strong data-start=\"3674\" data-end=\"3712\" data-is-only-node=\"\">Definity Financial Corp. (DFY:CA):<\/strong> National Bank raised its price target to <strong data-start=\"3754\" data-end=\"3765\">C$96.00<\/strong> from <strong data-start=\"3771\" data-end=\"3782\">C$94.00<\/strong> while maintaining an <strong data-start=\"3804\" data-end=\"3818\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"3830\" data-end=\"3868\" data-is-only-node=\"\">Definity Financial Corp. (DFY:CA):<\/strong> Jefferies increased its price target to <strong data-start=\"3909\" data-end=\"3920\">C$91.00<\/strong> from <strong data-start=\"3926\" data-end=\"3937\">C$83.00<\/strong> while maintaining a <strong data-start=\"3958\" data-end=\"3965\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"3977\" data-end=\"4015\" data-is-only-node=\"\">Doman Building Materials (DBM:CA):<\/strong> Raymond James maintained its <strong data-start=\"4045\" data-end=\"4059\">Outperform<\/strong> rating with a <strong data-start=\"4074\" data-end=\"4085\">C$12.00<\/strong> price target.<\/p>\n<p><strong data-start=\"4103\" data-end=\"4148\" data-is-only-node=\"\">Fairfax Financial Holdings Ltd. (FFH:CA):<\/strong> National Bank raised its price target to <strong data-start=\"4190\" data-end=\"4204\">C$3,450.00<\/strong> from <strong data-start=\"4210\" data-end=\"4224\">C$3,300.00<\/strong> while maintaining an <strong data-start=\"4246\" data-end=\"4260\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"4272\" data-end=\"4305\" data-is-only-node=\"\">Fiera Capital Corp. (FSZ:CA):<\/strong> National Bank lowered its price target to <strong data-start=\"4348\" data-end=\"4358\">C$5.50<\/strong> from <strong data-start=\"4364\" data-end=\"4374\">C$6.00<\/strong> while maintaining a <strong data-start=\"4395\" data-end=\"4413\">Sector Perform<\/strong> rating.<\/p>\n<p><strong data-start=\"4425\" data-end=\"4463\" data-is-only-node=\"\">G Mining Ventures Corp. (GMIN:CA):<\/strong> Desjardins Securities maintained its <strong data-start=\"4501\" data-end=\"4508\">Buy<\/strong> rating with a <strong data-start=\"4523\" data-end=\"4534\">C$60.00<\/strong> price target.<\/p>\n<p><strong data-start=\"4552\" data-end=\"4577\" data-is-only-node=\"\">goeasy Ltd. (GSY:CA):<\/strong> National Bank raised its price target to <strong data-start=\"4619\" data-end=\"4630\">C$43.00<\/strong> from <strong data-start=\"4636\" data-end=\"4647\">C$34.00<\/strong> while maintaining a <strong data-start=\"4668\" data-end=\"4686\">Sector Perform<\/strong> rating.<\/p>\n<p><strong data-start=\"4698\" data-end=\"4738\" data-is-only-node=\"\">Headwater Exploration Inc. (HWX:CA):<\/strong> RBC Capital increased its price target to <strong data-start=\"4781\" data-end=\"4792\">C$15.00<\/strong> from <strong data-start=\"4798\" data-end=\"4809\">C$14.00<\/strong> while maintaining a <strong data-start=\"4830\" data-end=\"4848\">Sector Perform<\/strong> rating.<\/p>\n<p><strong data-start=\"4860\" data-end=\"4892\" data-is-only-node=\"\">IGM Financial Inc. (IGM:CA):<\/strong> National Bank raised its price target to <strong data-start=\"4934\" data-end=\"4945\">C$91.00<\/strong> from <strong data-start=\"4951\" data-end=\"4962\">C$85.00<\/strong> while maintaining an <strong data-start=\"4984\" data-end=\"4998\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"5010\" data-end=\"5046\" data-is-only-node=\"\">Intact Financial Corp. (IFC:CA):<\/strong> National Bank increased its price target to <strong data-start=\"5091\" data-end=\"5103\">C$379.00<\/strong> from <strong data-start=\"5109\" data-end=\"5121\">C$372.00<\/strong> while maintaining an <strong data-start=\"5143\" data-end=\"5157\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"5169\" data-end=\"5205\" data-is-only-node=\"\">Intact Financial Corp. (IFC:CA):<\/strong> Jefferies raised its price target to <strong data-start=\"5243\" data-end=\"5255\">C$351.00<\/strong> from <strong data-start=\"5261\" data-end=\"5273\">C$343.00<\/strong> while maintaining a <strong data-start=\"5294\" data-end=\"5301\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"5313\" data-end=\"5341\" data-is-only-node=\"\">Interfor Corp. (IFP:CA):<\/strong> Raymond James increased its price target to <strong data-start=\"5386\" data-end=\"5397\">C$17.00<\/strong> from <strong data-start=\"5403\" data-end=\"5414\">C$13.00<\/strong> while maintaining an <strong data-start=\"5436\" data-end=\"5450\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"5462\" data-end=\"5491\" data-is-only-node=\"\">K92 Mining Inc. (KNT:CA):<\/strong> Desjardins Securities maintained its <strong data-start=\"5529\" data-end=\"5536\">Buy<\/strong> rating with a <strong data-start=\"5551\" data-end=\"5562\">C$36.00<\/strong> price target.<\/p>\n<p><strong data-start=\"5580\" data-end=\"5610\" data-is-only-node=\"\">Lundin Gold Inc. (LUG:CA):<\/strong> Desjardins Securities lowered its price target to <strong data-start=\"5661\" data-end=\"5673\">C$100.00<\/strong> from <strong data-start=\"5679\" data-end=\"5691\">C$105.00<\/strong> while maintaining a <strong data-start=\"5712\" data-end=\"5719\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"5731\" data-end=\"5766\" data-is-only-node=\"\">Maple Leaf Foods Inc. (MFI:CA):<\/strong> CIBC maintained its <strong data-start=\"5787\" data-end=\"5803\">Outperform<\/strong>\u00a0rating with a <strong data-start=\"5818\" data-end=\"5829\">C$36.00<\/strong> price target.<\/p>\n<p><strong data-start=\"5847\" data-end=\"5877\" data-is-only-node=\"\">Orla Mining Ltd. (OLA:CA):<\/strong> Desjardins Securities lowered its price target to <strong data-start=\"5928\" data-end=\"5939\">C$29.00<\/strong> from <strong data-start=\"5945\" data-end=\"5956\">C$30.00<\/strong> while maintaining a <strong data-start=\"5977\" data-end=\"5984\">Buy<\/strong> rating.<\/p>\n<p><strong data-start=\"5996\" data-end=\"6022\" data-is-only-node=\"\">Ovintiv Inc. (OVV:CA):<\/strong> RBC Capital raised its price target to <strong data-start=\"6062\" data-end=\"6074\">C$120.00<\/strong> from <strong data-start=\"6080\" data-end=\"6091\">C$99.00<\/strong> while maintaining an <strong data-start=\"6113\" data-end=\"6127\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"6139\" data-end=\"6180\" data-is-only-node=\"\">Power Corporation of Canada (POW:CA):<\/strong> National Bank increased its price target to <strong data-start=\"6225\" data-end=\"6237\">C$102.00<\/strong> from <strong data-start=\"6243\" data-end=\"6254\">C$85.00<\/strong> while maintaining a <strong data-start=\"6275\" data-end=\"6293\">Sector Perform<\/strong> rating.<\/p>\n<p><strong data-start=\"6305\" data-end=\"6335\" data-is-only-node=\"\">Stella-Jones Inc. (SJ:CA):<\/strong> Raymond James lowered its price target to <strong data-start=\"6378\" data-end=\"6389\">C$90.00<\/strong> from <strong data-start=\"6395\" data-end=\"6406\">C$95.00<\/strong> while maintaining an <strong data-start=\"6428\" data-end=\"6442\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"6454\" data-end=\"6480\" data-is-only-node=\"\">TMX Group Ltd. (X:CA):<\/strong> National Bank reduced its price target to <strong data-start=\"6523\" data-end=\"6534\">C$63.00<\/strong> from <strong data-start=\"6540\" data-end=\"6551\">C$65.00<\/strong> while maintaining an <strong data-start=\"6573\" data-end=\"6587\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"6599\" data-end=\"6631\" data-is-only-node=\"\">Trisura Group Ltd. (TSU:CA):<\/strong> National Bank raised its price target to <strong data-start=\"6673\" data-end=\"6684\">C$60.00<\/strong> from <strong data-start=\"6690\" data-end=\"6701\">C$59.00<\/strong> while maintaining an <strong data-start=\"6723\" data-end=\"6737\">Outperform<\/strong> rating.<\/p>\n<p><strong data-start=\"6749\" data-end=\"6802\" data-is-only-node=\"\">Vital Infrastructure Property Trust (VITL.UN:CA):<\/strong> TD Securities maintained its <strong data-start=\"6832\" data-end=\"6840\">Hold<\/strong> rating with a <strong data-start=\"6855\" data-end=\"6865\">C$6.00<\/strong> price target.<\/p>\n<p><strong data-start=\"7016\" data-end=\"7058\" data-is-only-node=\"\">Western Forest Products Inc. (WEF:CA):<\/strong> Raymond James raised its price target to <strong data-start=\"7100\" data-end=\"7111\">C$20.00<\/strong> from <strong data-start=\"7117\" data-end=\"7128\">C$12.50<\/strong> while maintaining a <strong data-start=\"7149\" data-end=\"7167\">Market Perform<\/strong> rating.<\/p>\n<p><strong data-start=\"7179\" data-end=\"7208\" data-is-only-node=\"\">WSP Global Inc. (WSP:CA):<\/strong> Scotiabank maintained its <strong data-start=\"7235\" data-end=\"7249\">Outperform<\/strong> rating with a <strong data-start=\"7264\" data-end=\"7276\">C$281.00<\/strong> price target.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"z-0 flex min-h-[46px] justify-start\">\n<h3 data-start=\"3890\" data-end=\"4132\"><a href=\"https:\/\/www.stocktargetadvisor.com\/blog\/analyst-ratings-updates\/\"><strong><em>More Ratings:<\/em><\/strong><\/a><\/h3>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Analyst Ratings (Canada) Today&#8217;s analyst coverage updates are bullish on the transportation, financials, mining, and industrials sectors, with numerous price target increases and reiterated positive&#8230;<\/p>\n","protected":false},"author":3,"featured_media":71546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-74421","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canadian Analyst Update: July 27th, 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-update-july-27th-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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