Canadian Analyst Coverage Update: July 18th, 2025

Jul 19, 2025
canadian-analyst-coverage-update:-july-18th,-2025

Analyst Ratings (Canada)

A&W Food Services (AW:CA) was maintained with a Neutral rating by CIBC World Markets  with a target price of $36.00.

Ag Growth International (AFN:CA) had its target updated by CIBC World Markets to $55, while maintaining an Outperform rating.

Alimentation Couche-Tard Inc (ATD:CA) was reaffirmed with a Buy rating by Stifel Nicolaus with a revised target of $81.00.

AtkinsRealis (ATRL:CA) was maintained with a Outperform rating by CIBC World Markets with an updated price target of $110.00.

Badger Infrastructure Solutions (BDGI:CA) retained its Outperform rating from CIBC World Markets, with a target price of $57.00.

Bird Construction (BDT:CA) received a target update from CIBC World Markets, maintaining an Outperform rating and raising the price target to $35.00.

Blue Moon Metals Inc. (MOON:CA) was initiated with an Outperform rating by Scotiabank and a price target of $5.00.

Boralex Inc. (BLX:CA) was downgraded by Scotiabank to Sector Perform from Outperform with a $36.00 target.

Brookfield Renewable Partners (BEP-UN:CA) had its price target raised by Scotiabank to $41.00 while maintaining an Outperform rating.

Capital Power Corp (CPX:CA) had its price target increased to $67.00 by Scotiabank.

Cenovus Energy (CVE:CA) was updated by CIBC World Markets with an Outperform rating and a target price of $30.00.

Choice Properties REIT (CHP-UN:CA) was maintained as Buy by TD Securities with a $16.00 target.

Choice Properties REIT (CHP-UN:CA) was also maintained as Neutral by CIBC World Markets with a $15.50 target.

Denison Mines (DML:CA) received a target update from Raymond James with a Buy rating and a $3.80 target price.

FirstService (FSV:CA) was reaffirmed as Buy by Stifel Nicolaus with a revised price target of $220.00.

HIVE Digital Technologies (HIVE:CA) received a target update from H.C. Wainwright, maintaining a Buy rating and setting a $6.00 target.

Lundin Gold Inc. (LUG:CA) was downgraded to Hold by Desjardins Securities with a price target of $70.00.

Northland Power (NPI:CA) had its price target raised by Scotiabank to $28.00 while keeping an Outperform rating.

Pason Systems Inc (PSI:CA) was downgraded to Hold from a Buy rating by TD Securities with a price target of $13.00.

Premium Brands Holding Corp. (PBH:CA) had its target raised by TD Securities to $140 from $120, maintaining a Buy rating.

RB Global (RBA:CA) had its target updated to $121.00 by CIBC, maintaining an Outperform rating.

Restaurant Brands International (QSR:CA) was rated Sell by Bank of America with a price target of $60.00.

Shopify Inc. (SHOP:CA) had its price target raised by RBC Capital to $199 while keeping an Outperform rating.

Stantec (STN:CA) had its target price increased to $168.00 and retained its Outperform rating at CIBC World Markets.

Superior Plus Corp. (SPB:CA) was downgraded to Hold by TD Securities with a price target of $8.50.

Teck Resources Ltd (TECK-B:CA) was downgraded to Hold by Desjardins Securities with a $58.00 target.

Toromont Industries (TIH:CA) had its price target raised to $129.00 by  CIBC World Markets, while maintaining their Outperform rating.

Transalta Corp. (TA:CA) was upgraded by Scotiabank to Outperform from Sector Perform with a price target of $20.00.

Waste Connections (WCN:CA) had its rating reiterated as Sector Perform by Scotiabank with a target of $202.00.

WSP Global Inc. (WSP:CA) had its target raised by CIBC World Markets to $317.00 with an Outperform rating.

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.

Leave a comment