{"id":74767,"date":"2026-08-19T04:35:41","date_gmt":"2026-08-19T04:35:41","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=74767"},"modified":"2026-08-19T04:35:41","modified_gmt":"2026-08-19T04:35:41","slug":"canadian-analyst-updates-august-18th-2026","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-august-18th-2026\/","title":{"rendered":"Canadian Analyst Updates: August 18th, 2026"},"content":{"rendered":"<h2><a href=\"https:\/\/www.stocktargetadvisor.com\/blog\/?p=74767&amp;preview=true\">Analyst Ratings (Canada)<\/a><\/h2>\n<p>Analyst sentiment for today is moderately bullish, led by the financial sector, where target increases and positive ratings indicate continued confidence in Canadian banks despite some Neutral ratings. Mining and precious metals remain strongly bullish, with widespread Buy\/Outperform ratings, although some individual targets were reduced. Industrials and transportation are also positive, supported by multiple target increases and favorable ratings. Real estate is moderately positive, with several REIT target increases offset by selective reductions. Energy remains bullish but relatively quiet. Technology and smaller-cap growth stocks are the weakest area, with several target cuts and a notable downgrade reflecting greater valuation and execution concerns.<\/p>\n<h2>31 Analyst Updates<\/h2>\n<p><strong>Abaxx Technologies Inc. (ABXX:CA):<\/strong> BMO Capital Markets lowered its price target to $60.00 from $69.00, while Canaccord Genuity reduced its target to $69.50 from $79.50. ATB Cormark also lowered its price target to $95.00 from $115.00 while maintaining an Outperform rating.<\/p>\n<p><strong>Alithya Group Inc. (ALYA:CA):<\/strong> Ventum Financial downgraded the stock to Neutral from Buy and lowered its price target to $1.00 from $2.00.<\/p>\n<p><strong>Apotex Health Corp. (APTX:CA):<\/strong> Raymond James raised its price target to $41.00 from $40.00 while maintaining an Outperform rating.<\/p>\n<p><strong>AutoCanada Inc. (ACQ:CA):<\/strong> RBC Capital raised its price target to $24.00 from $23.00 while maintaining a Sector Perform rating.<\/p>\n<p><strong>Automotive Properties REIT (APR.UN:CA):<\/strong> RBC Capital raised its price target to $13.50 from $13.00 while maintaining an Outperform rating.<\/p>\n<p><strong>Bank of Montreal (BMO:CA):<\/strong> CIBC downgraded the stock to Neutral from Outperform and raised its price target to C$272.00 from C$244.00.<\/p>\n<p><strong>Bank of Nova Scotia (BNS:CA):<\/strong> CIBC raised its price target to C$136.00 from C$122.00 while maintaining a Neutral rating.<\/p>\n<p><strong>Cadillac Mines Corp. (CADY:CA):<\/strong> CIBC maintained an Outperform rating with a $13.00 price target. National Bank maintained an Outperform rating with a $10.50 target, while Desjardins Securities and Stifel Nicolaus maintained Buy ratings with $14.00 price targets. BMO also maintained an Outperform rating with a $10.00 price target.<\/p>\n<p><strong>Cargojet Inc. (CJT:CA):<\/strong> CIBC maintained an Outperform rating with a $125.00 price target.<\/p>\n<p><strong>EQB-Inc. (EQB:CA):<\/strong> CIBC raised its price target to C$165.00 from C$151.00 while maintaining an Outperform rating.<\/p>\n<p><strong>Equinox Gold Corp. (EQX:CA):<\/strong> Scotiabank maintained an Outperform rating with a $25.00 price target.<\/p>\n<p><strong>GO Residential Real Estate Investment Trust (GO-UN:CA)<\/strong>: Scotiabank lowered its price target to $13.00.<\/p>\n<p><strong>Luca Mining Corp. (LUCA:CA):<\/strong> National Bank lowered its price target to $2.40 from $2.50 while maintaining an Outperform rating.<\/p>\n<p><strong>Mattr Corp. (MATR:CA):<\/strong> TD Securities raised its price target to $24.00 from $23.00 while maintaining a Buy rating, while RBC Capital raised its target to $22.00 from $13.00 and maintained an Outperform rating.<\/p>\n<p><strong>Mining Americas Inc. (MAL:CA):<\/strong> Scotiabank maintained an Outperform rating with a $9.50 price target.<\/p>\n<p><strong>National Bank of Canada (NA:CA):<\/strong> CIBC upgraded the stock to Outperform from Neutral and raised its price target to C$249.00 from C$221.00.<\/p>\n<p><strong>Royal Bank of Canada (RY:CA):<\/strong> CIBC raised its price target to C$311.00 from C$279.00 while maintaining a Neutral rating.<\/p>\n<p><strong>Silver X Mining Corp. (AGX:CA):<\/strong> Fundamental Research maintained a Buy rating with a $1.65 price target.<\/p>\n<p><strong>Slate Grocery REIT (SGR.U:CA):<\/strong> RBC Capital raised its price target to $12.50 from $11.00 while maintaining a Sector Perform rating.<\/p>\n<p><strong>SmartStop Self Storage REIT (SMA:CA):<\/strong> National Bank raised its price target to $39.25 USD from $38.50 USD while maintaining an Outperform rating.<\/p>\n<p><strong>Tamarack Valley Energy Ltd. (TVE:CA):<\/strong> Jefferies &amp; Co. maintained a Buy rating with a $17.00 price target.<\/p>\n<p><strong>Thesis Gold &amp; Silver Inc. (TAU:CA):<\/strong> Scotiabank maintained an Outperform rating with a $5.50 price target.<\/p>\n<p><strong>Toronto-Dominion Bank (TD:CA):<\/strong> CIBC raised its price target to C$184.00 from C$164.00 while maintaining a Neutral rating.<\/p>\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","protected":false},"excerpt":{"rendered":"<p>Analyst Ratings (Canada) Analyst sentiment for today is moderately bullish, led by the financial sector, where target increases and positive ratings indicate continued confidence&hellip;<\/p>\n","protected":false},"author":3,"featured_media":73726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-74767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"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 Updates: August 18th, 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-august-18th-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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