Latest Canadian Analyst Updates: Oct 21st, 2025
Analyst Ratings (Canada)
The following are today’s latest 38 analyst ratings tracked from muliple analysts for Canadian listed and traded stocks:
Altius Minerals Corp (ALS:CA) — TD Securities raised its price target to $39 from $34, reflecting improved royalty revenue outlook tied to stronger base metal prices and increased project development activity.
Arizona Sonoran Copper Co. Inc. (ASCU:CA) — TD Securities lifted its target to $6.50 from $4.00 and maintained a Buy rating, citing advancing project milestones and favorable long-term copper fundamentals. Scotiabank reiterated its Outperform rating with a $4.00 target, noting strong exploration potential.
Atex Resources Inc. (ATX:CA) — Stifel Nicolaus increased its target to $4.50 from $4.00, pointing to continued positive drill results and rising investor confidence in the company’s Chilean gold-copper projects.
Cameco Corp (CCO:CA) — TD Securities and Stifel Nicolaus both raised their targets, to $142 and $150 respectively, reflecting uranium price strength and Cameco’s solid contract pipeline amid a tightening global uranium supply outlook.
Capstone Copper Corp (CS:CA) — TD Securities boosted its target to $14 from $10, while Stifel Nicolaus lifted to $17 from $12, both driven by stronger-than-expected production and higher copper price forecasts.
Cineplex Inc. (CGX:CA) — TD Securities maintained its Buy rating with a $16.00 target, supported by ongoing box office recovery, improving attendance, and diversification into entertainment and media segments.
Dri Healthcare Trust (DHT.U:CA) — CIBC World Markets raised its target to $19 from $17.50, reflecting solid royalty cash flow generation and expanding pharmaceutical revenue exposure.
Emera Inc. (EMA:CA) — CIBC World Markets lifted its target to $71 from $68, reflecting stable regulated utility earnings and improved visibility in capital spending recovery.
Ero Copper Corp (ERO:CA) — TD Securities and Stifel Nicolaus raised their targets to $33 and $37, respectively, though both maintained a Hold rating, as valuation remains tight despite production growth.
Eskay Mining Corp (ESK:CA) — Fundamental Research reiterated its Buy rating with a $1.21 target, highlighting exploration potential in the Golden Triangle and improving drill data quality.
Faraday Copper Corp (FDY:CA) — TD Securities increased its target to $2.25 from $1.50, maintaining a Buy rating due to project progress and strengthening copper market outlook.
First Quantum Minerals Ltd (FM:CA) — TD Securities lifted its target to $35 from $30, while Stifel Nicolaus raised to $38 from $26, both reflecting operational recovery at Cobre Panamá and a rebound in copper prices.
Fortis Inc. (FTS:CA) — CIBC World Markets raised its target to $74 from $72, underlining defensive strength, consistent dividend growth, and predictable regulated returns.
Hudbay Minerals Inc. (HBM:CA) — Stifel Nicolaus lifted its target to $28 from $20, driven by operational execution at Copper Mountain and positive copper market momentum.
Hydro One Ltd (H:CA) — CIBC World Markets increased its target to $54 from $52, citing stable cash flows and defensive positioning amid market volatility.
iA Financial Corporation Inc. (IAG:CA) — TD Securities maintained its Buy rating and $175 target, supported by strong life insurance sales, capital strength, and prudent expense management.
Intact Financial Corp (IFC:CA) — Jefferies raised its target slightly to $317 from $316, maintaining a Buy rating, creflecting consistent underwriting performance and diversified premium growth.
IsoEnergy Ltd (ISO:CA) — Stifel Nicolaus raised its target to $25 from $22, reflecting strengthening uranium prices and positive project updates across its Athabasca Basin assets.
Ivanhoe Mines Ltd (IVN:CA) — Stifel Nicolaus lifted its target to $18 from $16, reflecting production progress at Kamoa-Kakula and positive copper price outlook.
Lundin Mining Corp (LUN:CA) — TD Securities and Stifel Nicolaus raised their targets to $26 each, reflecting strong performance from Candelaria and Chapada operations and improving copper fundamentals.
NexGen Energy Ltd (NXE:CA) — TD Securities increased its target to $15 from $12, while Stifel Nicolaus raised to $20 from $17, both driven by uranium price strength and ongoing advancement of the Rook I project.
Paramount Resources (POU:CA) — Jefferies raised its target to $28 from $25, reflecting strong free cash flow, steady production, and continued capital discipline.
PrairieSky Royalty Ltd (PSK:CA) — National Bank lifted its target to $33 from $32 with an Outperform rating, supported by stable royalty revenues and energy price resilience. Scotiabank maintained a Sector Perform rating at $29, while TD Securities reiterated a Buy at $29, reflecting consistent income generation.
Sandstorm Gold Ltd (SSL:CA) — TD Securities maintained a Sell rating with a target of $18.50, reflecting limited near-term growth potential relative to peers in the royalty space.
Teck Resources Ltd (TECK.B:CA) — TD Securities and Stifel Nicolaus raised their targets to $70 and $65, respectively, reflecting improving coal and copper pricing and a strong transition toward base metals exposure.
Trilogy Metals Inc (TMQ:CA) — TD Securities raised its target to $8.50 from $5.50, citing progress on the Ambler Mining District project and stronger long-term copper outlook.
Zoomd Technologies (ZOMD:CA) — ATB Capital initiated with a Outperform rating and a $4.00 target, reflecting growing traction in its digital marketing platform and improved revenue visibility.
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