Canadian Analyst Coverage Updates: March 18th

Mar 19, 2025
canadian-analyst-coverage-updates:-march-18th

Canadian Analyst Ratings

Latest Canadian analyst ratings from investment firms updating their coverage on various stocks:

ADENTRA Inc. (ADEN:CA)

National Bank Financial has given a rating of “Outperform” with a target price of CAD 53.

Alimentation Couche-Tard Inc. (ATD:CA)

JP Morgan Chase & Co. has given a rating of “Overweight” with a target price of CAD 86.

Aritzia Inc. (ATZ:CA)

BMO Capital Markets has given a rating of “Outperform” with a target price of CAD 80.

Bird Construction Inc. (BDT:CA)

TD Securities has given a rating of “Buy” with a target price of CAD 33.

Birchcliff Energy Ltd. (BIR:CA)

RBC has given a rating of “Buy” with a target price of CAD 7.

AirBoss of America Corp. (BOS:CA)

TD Securities has given a rating of “Buy” with a target price of CAD 7.

DLP Resources Inc. (DLP:CA)

Fundamental Research has given a rating of “Buy” with a target price of CAD 0.66.

Foran Mining Corporation (FOM:CA)

Scotia Capital has given a rating of “Outperform” with a target price of CAD 4.50.

Fortis Inc. (FTS:CA)

Morningstar has given a rating of “Buy” with a target price of CAD 62.

Galiano Gold Inc. (GAU:CA)

Scotia Capital has given a rating of “Sector Perform” with a target price of CAD 2.25.

Groupe Dynamite Inc. (GRGD:CA)

BMO Capital Markets has given a rating of “Outperform” with a target price of CAD 25. The target has been updated to CAD 25.86.

illumin Holdings Inc. (ILLM:CA)

Canaccord Genuity has given a rating of “Buy” with a target price of CAD 3.25.

Information Services Corporation (ISC:CA)

CIBC World Markets has given a rating of “Outperform” with a target price of CAD 35.

Kits Eyecare Ltd. (KITS:CA)

Stifel Nicolaus has given a rating of “Buy” with a target price of CAD 18.

K92 Mining Inc. (KNT:CA)

BMO Capital Markets has given a rating of “Outperform” with a target price of CAD 15.

K92 Mining Inc. (KNT:CA)

Scotia Capital has given a rating of “Outperform” with a target price of CAD

Lithium Royalty Corp. (LIRC:CA)TD Cowen has given a rating of “Buy” with a target price of CAD 8.50.

Magellan Aerospace Corporation (MAL:CA)

TD Securities has given a rating of “Buy” with a target price of CAD 19.

Mattr Corp (MATR:CA)

Canaccord Genuity has given a rating of “Buy” with a target price of CAD 19.

Mattr Corp (MATR:CA)

RBC has given a rating of “Outperform” with a target price of CAD 14.

Magna International Inc. (MG:CA)

Morningstar has given a rating of “Buy” with a target price of CAD 80.

Monument Mining Limited (MMY:CA)

Fundamental Research has given a rating of “Buy” with a target price of CAD 0.68.

Peyto Exploration & Development Corp. (PEY:CA)

RBC has given a rating of “Hold” with a target price of CAD 18.

Parkland Fuel Corporation (PKI:CA)

JP Morgan Chase & Co. has given a rating of “Overweight” with a target price of CAD 55.

Quarterhill Inc. (QTRH:CA)

CIBC World Markets has given a rating of “Outperform” with a target price of CAD 2.

Quarterhill Inc. (QTRH:CA)

STA Research has given a rating of “Speculative Buy” with a target price of CAD 1.60.

Sun Life Financial Inc. (SLF:CA)

CIBC World Markets has given a rating of “Outperform” with a target price of CAD 94.

Southern Silver Exploration Corp. (SSV:CA)

Fundamental Research has given a rating of “Buy” with a target price of CAD 0.71.

Thomson Reuters Corp. (TRI:CA)

Morningstar has given a rating of “Underperform” with a target price of CAD 210.

Transat AT Inc. (TRZ:CA)

Desjardins Securities has given a rating of “Buy” with a target price of CAD 2.

Terravest Capital Inc. (TVK:CA)

Scotia Capital has given a rating of “Outperform” with a target price of CAD 140.

Terravest Capital Inc. (TVK:CA)

National Bank Financial has given a rating of “Sector Perform” with a target price of CAD 134.

Terravest Capital Inc. (TVK:CA)

Desjardins Securities has given a rating of “Buy” with a target price of CAD 150.

Terravest Capital Inc. (TVK:CA)

Canaccord Genuity has given a rating of “Buy” with a target price of CAD 170. .

General Market Outlook:

The overall sentiment is one of caution and mixed outlooks, with analysts signaling that while some defensive sectors may offer stability, economic headwinds such as inflation, global trade disputes, and a potential economic slowdown are likely to continue impacting Canadian stocks across various sectors.

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