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Canadian Analyst Updates: February 25th, 2026

Stock Target Advisor - Wed Feb 25, 1:38PM CST
Canadian Analyst Updates: February 25th, 2026

Analyst Ratings (Canada)

The following are today’s 58 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:

Altus Group Ltd. (AIF:CA) TD Securities lowered its target price to $55.00 from $67.00 and maintained its Buy rating.

Artemis Gold Inc. (ARTG:CA) National Bank raised its target price to $54.00 from $51.50 and maintained its Outperform rating.

Aya Gold & Silver Inc. (AYA:CA) National Bank lowered its target price to $25.00 from $29.00 and maintained its Outperform rating.

Aya Gold & Silver Inc. (AYA:CA) Scotiabank maintained its Outperform rating with a $29.00 target price.

Bank of Montreal (BMO:CA) TD Securities maintained its Buy rating with a $219.00 target price.

Bank of Montreal (BMO:CA) CIBC maintained its Outperform rating with a $209.00 target price.

Bank of Nova Scotia (BNS:CA) BMO Capital Markets raised its target price to $101.00 from $98.00 and maintained its Market Perform rating.

Bank of Nova Scotia (BNS:CA) Raymond James raised its target price to $117.00 from $114.00 and maintained its Outperform rating.

Bank of Nova Scotia (BNS:CA) National Bank lowered its target price to $100.00 from $102.00 and maintained its Sector Perform rating.

Bank of Nova Scotia (BNS:CA) Canaccord Genuity raised its target price to $118.00 from $112.00 and maintained its Buy rating.

Bank of Nova Scotia (BNS:CA) RBC Capital Markets raised its target price to $106.00 from $97.00 and maintained its Sector Perform rating.

Bank of Nova Scotia (BNS:CA) Desjardins Securities raised its target price to $107.00 from $106.00 and maintained its Hold rating.

Bank of Nova Scotia (BNS:CA) Barclays Capital raised its target price to $108.00 from $106.00 and maintained its Equal-Weight rating.

Bank of Nova Scotia (BNS:CA) TD Securities maintained its Buy rating with a $112.00 target price.

Barrick Mining Corp. (ABX:CA) JP Morgan raised its target price to $91.00 from $89.00.

Cogeco Communications Inc. (CCA:CA) National Bank raised its target price to $80.00 from $71.00 and maintained its Outperform rating.

Collective Mining Ltd. (CNL:CA) Scotiabank maintained its Outperform rating with a $28.00 target price.

Denison Mines Corp. (DML:CA) CIBC maintained its Outperform rating with a $6.50 target price.

Dream Impact Trust (MPCT-UN:CA) TD Securities maintained its Hold rating with a $2.00 target price.

Dream Unlimited Corp. (DRM:CA) TD Securities raised its target price to $29.00 from $28.00 and maintained its Buy rating.

Element Fleet Management Corp. (EFN:CA) TD Securities lowered its target price to $41.00 from $42.00 and maintained its Buy rating.

Element Fleet Management Corp. (EFN:CA) CIBC maintained its Outperform rating with a $41.00 target price.

Element Fleet Management Corp. (EFN:CA) Scotiabank maintained its Outperform rating with a $41.00 target price.

Ero Copper Corp. (ERO:CA) National Bank lowered its target price to $53.50 from $56.00 and maintained its Sector Perform rating.

Ero Copper Corp. (ERO:CA) Canaccord Genuity raised its target price to $52.00 from $48.00 and maintained its Buy rating.

Faraday Copper Corp. (FDY:CA) TD Securities raised its target price to $5.50 from $3.50 and maintained its Buy rating.

Gildan Activewear Inc. (GIL:CA) Desjardins Securities raised its target price to $108.00 from $95.00 and maintained its Buy rating.

Loblaw Companies Limited (L:CA) CIBC maintained its Outperform rating with a $75.00 target price.

Loblaw Companies Limited (L:CA) TD Securities maintained its Buy rating with a $75.00 target price.

Maple Leaf Foods Inc. (MFI:CA) Scotiabank maintained its Sector Perform rating with a $27.00 target price.

MCAN Financial Group Corp. (MKP:CA) Canaccord Genuity raised its target price to $26.00 from $24.00 and maintained its Buy rating.

National Bank of Canada (NA:CA) TD Securities maintained its Hold rating with a $175.00 target price.

National Bank of Canada (NA:CA) CIBC maintained its Outperform rating with a $189.00 target price.

Northwest Healthcare Properties REIT (NWH-UN:CA) Scotiabank maintained its Sector Perform rating with a $7.00 target price.

Ovintiv Inc. (OVV:CA) Barclays Capital raised its target price to $79.00 from $55.00 and maintained its Overweight rating.

Ovintiv Inc. (OVV:CA) National Bank raised its target price to $76.50 from $56.00 and maintained its Outperform rating.

PHX Energy Services Corp. (PHX:CA) BMO Capital Markets raised its target price to $10.50 from $8.50 and maintained its Outperform rating.

PHX Energy Services Corp. (PHX:CA) ATB Cormark raised its target price to $11.75 from $8.00 and maintained its Outperform rating.

Bank of Nova Scotia (BNS:CA) UBS raised its target price to $120.00 from $118.00.

Tamarack Valley Energy Ltd. (TVE:CA) CIBC maintained its Outperform rating with a $9.75 target price.

Thomson Reuters Corp. (TRI:CA) TD Securities maintained its Buy rating with a $175.00 target price.

Thomson Reuters Corp. (TRI:CA) CIBC maintained its Outperform rating with a $191.50 target price.

Topaz Energy Corp. (TPZ:CA) TD Securities raised its target price to $33.00 from $30.00 and maintained its Buy rating.

Topaz Energy Corp. (TPZ:CA) ATB Cormark raised its target price to $33.00 from $31.00 and maintained its Outperform rating.

Topaz Energy Corp. (TPZ:CA) CIBC World Markets raised its target price to $33.50 from $29.00 and maintained its Outperform rating.

Topaz Energy Corp. (TPZ:CA) Raymond James raised its target price to $35.00 from $34.00 and maintained its Outperform rating.

Topaz Energy Corp. (TPZ:CA) Canaccord Genuity raised its target price to $35.00 from $33.00 and maintained its Buy rating.

Topaz Energy Corp. (TPZ:CA) TD Securities raised its target price to $33.00 from $30.00 and maintained its Buy rating.

Topaz Energy Corp. (TPZ:CA) Scotiabank maintained its Outperform rating with a $35.00 target price.

Western Forest Products Inc. (WEF:CA) Scotiabank maintained its Sector Perform rating with an $18.00 target price.

Whitecap Resources Inc. (WCP:CA) RBC Capital Markets raised its target price to $16.00 from $14.00 and maintained its Outperform rating.

Whitecap Resources Inc. (WCP:CA) Desjardins Securities raised its target price to $15.00 from $14.00 and maintained its Buy rating.

Winpak Ltd. (WPK:CA) National Bank raised its target price to $49.00 from $48.00 and maintained its Sector Perform rating.

The post Canadian Analyst Updates: February 25th, 2026 appeared first on Stock Target Advisor.

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