Canadian Analyst Updates: Nov 19th, 2025
Analyst Ratings (Canada)
The following are today’s 22 latest analyst ratings tracked from multiple analysts for Canadian listed and traded stocks for Wednesday November 19th, 2025:
Bank of Montreal (BMO:CA) had its target price raised by CIBC World Markets to $192 from $180, reflecting improving net interest margins and stronger-than-expected capital markets revenue across Canadian banks.
Bombardier (BBD.B:CA) had its target price raised by JP Morgan to $215 from $170, reflecting robust business jet demand, improved delivery execution, and stronger cash-flow visibility.
Brookfield Asset Management (BAM:CA) had its Buy rating maintained by TD Securities with a target price of $107, reflecting by rising fee-bearing capital and continued momentum in alternative asset fundraising.
Equinox Gold (EQX:CA) had its Outperform rating maintained by TD Securities with a target price of $19, reflecting favorable gold price trends and improved production guidance at key mines.
IGM Financial (IGM:CA) was initiated by CIBC World Markets with a Neutral rating and a target price of $61, reflecting balanced prospects between stable fee income and longer-term headwinds in traditional wealth management flows.
Lithium Americas (LAC:CA) Canaccord Genuity assigns with a target price of $6.50, reflecting early-stage project risk combined with long-term upside from expected lithium supply shortages.
Lithium Royalty Corp (LIRC:CA) had its target price raised by Canaccord Genuity to $9.00 from $8.60, reflecting stronger projected royalty revenue tied to rising lithium pricing forecasts.
MTY Food Group (MTY:CA) had its target price lowered by Raymond James to $44 from $50, reflecting softer same-store sales trends and cost pressures impacting franchise profitability.
PMET Resources (PMET:CA) was initiated by RBC Capital Markets with an Outperform rating and a target price of $4.70, reflecting attractive exploration potential and strategic positioning within the battery metals supply chain.
Power Corporation of Canada (POW:CA) had its target price raised by RBC Capital Markets to $68 from $60, reflecting stronger performance at subsidiaries such as Great-West Lifeco and improved investment income.
Power Corporation of Canada (POW:CA) also had its Neutral rating initiated at CIBC World Markets with a target price of $75, reflecting stable earnings but limited near-term catalysts for valuation expansion.
Quebecor (QBR-B:CA) had its rating downgraded to Sector Perform from an Outperform rating by National Bank, with a target price of $54, reflecting steady wireless subscriber growth offset by competitive pressures in media and telecom segments.
RioCan REIT (REI-UN:CA) had its target price raised by BMO Capital Markets to $21 from $20, reflecting improved leasing activity and stronger retail foot traffic across its portfolio.
RioCan REIT (REI-UN:CA) also had its Buy rating maintained by TD Securities with a target price of $21, reflecting stable occupancy levels and a solid pipeline of mixed-use development projects.
Royal Bank of Canada (RY:CA) had its target price raised by CIBC World Markets to $220 from $208, reflecting strong loan growth, disciplined cost control, and outperformance in wealth and capital markets divisions.
Scotiabank (BNS:CA) had its target price raised by CIBC World Markets to $100 from $93, reflecting improving international banking momentum and early signs of margin recovery.
South Bow Corp (SOBO:CA) had its Hold rating maintained by TD Securities with a target price of $37, reflecting balanced prospects between stable operations and limited acceleration in near-term growth.
Stella-Jones (SJ:CA) had its Buy rating maintained by TD Securities with a target price of $97, reflecting continued demand for utility poles and railway ties amid infrastructure investment tailwinds.
TD Bank Group (TD:CA) had its target price raised by CIBC World Markets to $122 from $112, reflecting improved expense outlook and positive credit trends following provisions normalization.
Telus (T:CA) had its target price lowered by National Bank to $21 from $23, while Upgrading to a Outperform rating from Sector Perform, reflecting near-term margin pressure in telecom operations but confidence in long-term growth from Telus Health and Telus International.
Transcontinental (TCL-A:CA) had its Buy rating maintained at TD Securities with a target price of $27, reflecting stabilization in its printing segment and ongoing improvements in its packaging division.
Open Text (OTEX:CA) had its Buy rating maintained by TD Securities with a target price of $70, reflecting recurring revenue strength and better-than-expected integration progress from recent acquisitions.
The post Canadian Analyst Updates: Nov 19th, 2025 appeared first on Stock Target Advisor.
