Canadian Ratings
On January 13, 2025, Canadian analysts provided updated ratings and target prices for the following companies:
- Autocanada Inc (ACQ:CA): CIBC World Markets downgraded it to “Underperform,” increasing the target from CAD 16 to CAD 18.21.
- Allied Properties REIT (AP-UN:CA): Raymond James lowered the target from CAD 19 to CAD 19.62. S
- Automotive Properties REIT (APR-UN:CA): Raymond James reduced the target from CAD 12.75 to CAD 12.60.
- Algoma Steel Group Inc. (ASTL:CA): Stifel Nicolaus downgraded the target from CAD 21 to CAD 17.46.
- Aritzia Inc (ATZ:CA): Stifel Nicolaus maintained a “Buy” rating but reduced the target from CAD 70 to CAD 57.52. RBC raised the target from CAD 73 to CAD 57.52, with a “Buy” rating .
- Brookfield Asset Management (BAM:CA): Keefe, Bruyette & Woods downgraded the stock to “Underperform,” lowering the target from CAD 80.75 to CAD 64.75.
- Boardwalk Real Estate (BEI-UN:CA): Raymond James lowered the target from CAD 82 to CAD 89.46.
- Ballard Power Systems (BLDP:CA): TD Securities maintained a “Sell” rating with a target of CAD 2.27. S
- Boyd Group Services (BYD:CA): CIBC World Markets raised the target from CAD 272 to CAD 277.17.
- Canadian Apartment Properties (CAR-UN:CA): Raymond James reduced the target from CAD 54.5 to CAD 57.45.
- Cineplex Inc. (CGX:CA): TD Securities maintained a “Buy” rating with a target of CAD 12.67. S
- Choice Properties REIT (CHP-UN:CA): Raymond James lowered the target from CAD 16 to CAD 15.44.
- Canadian National Railway (CNR:CA): TD Securities raised the target from CAD 170 to CAD 166.22.
- Crombie Real Estate (CRR-UN:CA): Raymond James issued a “Strong Buy,” with a target of CAD 16.00.
- Dream Industrial Real Estate (DIR-UN:CA): Raymond James reduced the target from CAD 14.5 to CAD 16.00.
- Enerflex Ltd. (EFX:CA): TD Securities maintained a “Buy” rating with a target of CAD 13.75.
- InterRent Real Estate (IIP-UN:CA): Raymond James lowered the target from CAD 13 to CAD 14.00.
- Killam Apartment Real Estate (KMP-UN:CA): Raymond James reduced the target from CAD 22.25 to CAD 22.81.
- Tidewater Renewables (LCFS:CA): RBC raised the target from CAD 5.5 to CAD 4.15.
- Linamar Corporation (LNR:CA): CIBC World Markets reduced the target from CAD 85 to CAD 80.56.
- Maple Leaf Foods Inc. (MFI:CA): TD Securities maintained a “Buy” rating with a target of CAD 31.14.
- Magna International Inc. (MG:CA): CIBC World Markets raised the target from CAD 73.5 to CAD 63.05.
- Martinrea International Inc. (MRE:CA): CIBC World Markets raised the target from CAD 14.75 to CAD 15.17.
- Metro Inc. (MRU:CA): National Bank Financial raised the target from CAD 94 to CAD 87.12.
- Nutrien Ltd (NTR:CA): J.P. Morgan Chase & Co. raised the target from CAD 50 to CAD 73.24.
- NexLiving Communities Inc. (NXLV:CA): Raymond James reduced the target from CAD 2.75 to CAD 0.00 (no change).
- Nexus Real Estate Investment (NXR-UN:CA): Raymond James lowered the target from CAD 9 to CAD 8.77.
- Pro Real Estate Investment (PRV-UN:CA): Raymond James lowered the target from CAD 6.25 to CAD 5.83.
- Storage Vault Canada (SVI:CA): Raymond James lowered the target from CAD 4.7 to CAD 5.59.
- Teck Resources Ltd. (TECK-B:CA): STA Research maintained a “Underperform” rating with a target of CAD 69.89.
- Tilray Inc. (TLRY:CA): Morningstar maintained a “Buy” rating with a target of CAD 2.55.
- Tidewater Midstream & Infrastructure (TWM:CA): STA Research issued a “Speculative Buy” with a target of CAD 0.48.
- Waste Connections Inc. (WCN:CA): Citigroup raised the target from CAD 282.5 to CAD 227.69.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.