Skip to main content

Canadian Analyst Updates: March 4th, 2026

Stock Target Advisor - Wed Mar 4, 11:30PM CST
Canadian Analyst Updates: March 4th, 2026

Analyst Ratings (Canada)

The following are today’s 63 entries of the latest analyst ratings tracked for Canadian-listed and Canadian-traded stocks, with several brokerages adjusting their outlooks and target prices in response to company-specific developments, earnings expectations, commodity fluctuations, and broader sector trends:

Air Canada (AC:CA) was maintained at Outperform by CIBC World Markets with a $25.00 price target.

AtkinsRéalis Group Inc. (ATRL:CA) had its price target cut to $113.00 from $121.00 by Stifel Nicolaus, which maintained a Buy rating.

Bank of Montreal (BMO:CA) had its price target raised to $211.00 from $209.00 by CIBC World Markets, maintaining an Outperform rating.

Bank of Nova Scotia (BNS:CA) had its price target raised to $109.00 from $108.00 by CIBC World Markets, which maintained a Neutral rating.

Bank of Nova Scotia (BNS:CA) had its price target lowered to $111.00 from $112.00 by TD Securities, maintaining a Hold rating.

Baytex Energy Corp. (BTE:CA) was maintained at Neutral by CIBC World Markets with a $5.25 price target.

Blue Ant Media Corp. (BAMI:CA) was initiated with an Outperform rating and a $11.00 price target by National Bank.

Brookfield Renewable Partners L.P. (BEP-UN:CA) was maintained at Buy by TD Securities with a $35.00 price target.

CAE Inc. (CAE:CA) was initiated with a Buy rating and a $50.00 price target by Stifel Nicolaus.

Canada Packers Inc. (CPKR:CA) was maintained at Buy by TD Securities with a $20.00 price target.

Capital Power Corp. (CPX:CA) was maintained at Buy by TD Securities with a $80.00 price target.

Capital Power Corporation (CPX:CA) was maintained at Outperform by CIBC World Markets with a $82.00 price target.

Cargojet Inc. (CJT:CA) was maintained at Outperform by CIBC World Markets with a $116.00 price target.

Dexterra Group Inc. (DXT:CA) was maintained at Sector Perform by Scotiabank with a $14.00 price target.

DRI Healthcare Trust (DHT-UN:CA) had its price target raised to $20.00 from $19.50 by CIBC World Markets, maintaining an Outperform rating.

European Residential REIT (ERE.UN:CA) had its price target lowered to $1.19 from $1.25 by TD Securities, which maintained a Sell rating.

European Residential REIT (ERE.UN:CA) had its price target raised to $1.90 from $1.20 by Desjardins Securities, assigning a Tender rating.

European Residential REIT (ERE.UN:CA) was downgraded to Sell by TD Securities with a $1.19 price target.

European Residential REIT (ERE.UN:CA) had its price target lowered to $1.19 by Scotiabank.

George Weston Ltd. (WN:CA) was maintained at Buy by TD Securities with a $121.00 price target.

Goeasy Ltd. (GSY:CA) had its price target lowered to $170.00 from $225.00 by BMO Capital Markets, which maintained an Outperform rating.

Groupe Dynamite (GRGD:CA) had its price target raised to $100.00 from $97.00 by TD Securities, maintaining a Buy rating.

InterRent REIT (IIP-UN:CA) had its price target lowered to $34.00 from $40.00 by TD Securities, which maintained a Sell rating.

Kinaxis Inc. (KXS:CA) was maintained at Outperform by CIBC World Markets with a $203.00 price target.

Minto Apartment REIT (MI-UN:CA) was maintained at Neutral by CIBC World Markets with a $18.00 price target.

National Bank of Canada (NA:CA) had its price target raised to $196.00 from $193.00 by CIBC World Markets, maintaining an Outperform rating.

NorthWest Healthcare Properties REIT (NWH.UN:CA) had its price target raised to $6.00 from $5.50 by RBC Capital, maintaining a Sector Perform rating.

Paramount Resources (POU:CA) was maintained at Outperform by Scotiabank with a $31.00 price target.

Paramount Resources Ltd. (POU:CA) was initiated with a Buy rating and a $33.00 price target by Roth Capital.

Paramount Resources Ltd. (POU:CA) had its price target raised to $30.50 from $25.50 by CIBC World Markets.

Paramount Resources Ltd. (POU:CA) had its price target raised to $32.50 from $32.00 by National Bank, maintaining a Sector Perform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $30.00 from $26.00 by RBC Capital, maintaining a Sector Perform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $33.00 from $28.00 by ATB Cormark, maintaining an Outperform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $32.00 from $24.00 by BMO Capital Markets, maintaining an Outperform rating.

Paramount Resources Ltd. (POU:CA) had its price target raised to $31.00 from $29.00 by Raymond James, maintaining an Outperform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $28.00 from $36.00 by CIBC World Markets, maintaining a Neutral rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $34.00 from $40.00 by TD Securities, which maintained a Buy rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $32.00 from $37.00 by Stifel Nicolaus, maintaining a Buy rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $28.00 from $37.00 by National Bank, maintaining a Sector Perform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $31.50 from $40.00 by Raymond James, maintaining an Outperform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $33.00 from $35.00 by RBC Capital, maintaining an Outperform rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $32.00 from $38.00 by Desjardins Securities, maintaining a Buy rating.

Pet Valu Holdings Ltd. (PET:CA) had its price target lowered to $28.00 from $34.00 by Barclays Capital, maintaining an Overweight rating.

Plaza Retail REIT (PLZ.UN:CA) had its price target raised to $4.75 from $4.50 by RBC Capital, maintaining a Sector Perform rating.

Plaza Retail REIT (PLZ.UN:CA) had its price target raised to $5.00 from $4.75 by Desjardins Securities, maintaining a Buy rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $27.00 from $37.00 by Canaccord Genuity.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $3.00 from $4.00 by Ventum Financial, maintaining a Buy rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $27.00 from $38.00 by ATB Cormark, maintaining an Outperform rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $32.00 from $38.00 by Stifel Nicolaus, maintaining a Buy rating.

Propel Holdings Inc. (PRL:CA) had its price target lowered to $32.00 from $45.00 by Raymond James, maintaining an Outperform rating.

Roots Corp. (ROOT:CA) was maintained at Buy by TD Securities with a $4.00 price target.

Spartan Delta Corp. (SDE:CA) was initiated with a Buy rating and a $13.50 price target by Roth Capital.

SSR Mining Inc. (SSRM:CA) was maintained at Buy by TD Securities with a $45.00 price target.

TD Bank (TD:CA) had its price target raised to $142.00 from $140.00 by CIBC World Markets, maintaining a Neutral rating.

Tourmaline Oil Corp. (TOU:CA) was maintained at Outperform by CIBC World Markets with a $66.00 price target.

Transat A.T. Inc. (TRZ:CA) was maintained at Underperform by CIBC World Markets with a $2.40 price target.

VerticalScope Holdings Inc. (FORA:CA) had its price target lowered to $5.00 from $7.50 by Raymond James, maintaining an Outperform rating.

VerticalScope Holdings Inc. (FORA:CA) had its price target lowered to $3.00 from $4.00 by TD Securities, which maintained a Hold rating.

VerticalScope Holdings Inc. (FORA:CA) had its price target lowered to $4.00 from $4.50 by CIBC World Markets, maintaining a Neutral rating.

Wajax Corp. (WJX:CA) had its price target raised to $37.00 from $27.00 by National Bank, maintaining an Outperform rating.

Wajax Corp. (WJX:CA) had its price target raised to $34.00 from $28.00 by TD Securities, which maintained a Hold rating.

Wajax Corp. (WJX:CA) had its price target lowered to $34.00 from $40.00 by BMO Capital Markets, maintaining a Market Perform rating.

Wajax Corp. (WJX:CA) had its price target raised to $34.00 from $29.00 by Scotiabank, maintaining a Sector Perform rating.

The post Canadian Analyst Updates: March 4th, 2026 appeared first on Stock Target Advisor.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.