Industrial Alliance Securities Stock Recommendations and Price Targets

This is a list of recent ratings by Industrial Alliance Securities.

Company NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
Brookfield Renewable Partners logo
BEP
Brookfield Renewable Partners
Downgrade$63.00Buy ➝ HoldLow
IMV
IMV
Initiated Coverage$4.00 $10.00BuyLow
América Móvil logo
AMX
América Móvil
Initiated Coverage$15.00 $3.00Speculative BuyLow
IPPLF
Inter Pipeline
Downgrade$10.00 $14.50HoldLow
TC Energy logo
TRP
TC Energy
Upgrade$45.00 $70.00BuyHigh
CES Energy Solutions logo
CESDF
CES Energy Solutions
Upgrade$1.00 $1.50BuyLow
EMRAF
Emera
Upgrade$42.00 $59.00BuyLow
TransAlta logo
TAC
TransAlta
Downgrade$7.00 $9.00HoldLow
Molson Coors Beverage logo
TAP
Molson Coors Beverage
Downgrade$47.00Buy ➝ HoldLow
Enbridge logo
ENB
Enbridge
Initiated Coverage$32.00 $55.00BuyMedium
Brookfield Renewable Partners logo
BEP
Brookfield Renewable Partners
Upgrade$63.00 $63.69BuyHigh
TC Energy logo
TRP
TC Energy
Upgrade$45.00 $65.00BuyHigh
TC Energy logo
TRP
TC Energy
Downgrade$45.00 $75.00Buy ➝ HoldLow
Pembina Pipeline logo
PBA
Pembina Pipeline
Downgrade$26.00HoldLow
Computer Modelling Group Ltd. (CMG.TO) logo
CMG
Computer Modelling Group Ltd. (CMG.TO)
Boost Price TargetC$5.00C$7.75 ➝ C$8.75BuyN/A
Inter Pipeline Ltd. (IPL.TO) logo
IPL
Inter Pipeline Ltd. (IPL.TO)
UpgradeC$14.00 C$25.00Hold ➝ BuyN/A
TWM
Tidewater Midstream and Infrastructure Ltd. (TWM.TO)
Boost Price TargetC$1.00C$1.60 ➝ C$1.70HoldN/A
Algonquin Power & Utilities logo
AQN
Algonquin Power & Utilities
Downgrade$16.00 $19.00BuyN/A
Superior Plus Corp. (SPB.TO) logo
SPB
Superior Plus Corp. (SPB.TO)
UpgradeC$12.00 C$15.00Buy ➝ Strong-BuyN/A
Minto Apartment Real Estate Invt Trust logo
MI.UN
Minto Apartment Real Estate Invt Trust
UpgradeC$19.00C$22.00 ➝ C$25.00Buy ➝ Strong-BuyN/A
Algonquin Power & Utilities logo
AQN
Algonquin Power & Utilities
Reiterated Rating$16.00BuyLow
Inter Pipeline Ltd. (IPL.TO) logo
IPL
Inter Pipeline Ltd. (IPL.TO)
DowngradeC$14.00C$25.50 ➝ C$26.00Strong-Buy ➝ HoldN/A
Gibson Energy Inc. (GEI.TO) logo
GEI
Gibson Energy Inc. (GEI.TO)
Boost Price TargetC$21.00C$26.00 ➝ C$27.00BuyN/A
Secure Energy Services Inc. (SES.TO) logo
SES
Secure Energy Services Inc. (SES.TO)
UpgradeC$2.00C$10.25 ➝ C$10.00Buy ➝ Strong-BuyN/A
Dollarama Inc. (DOL.TO) logo
DOL
Dollarama Inc. (DOL.TO)
Boost Price TargetC$53.00C$43.00 ➝ C$45.00HoldN/A
WisdomTree International LargeCap Dividend Fund logo
DOL
WisdomTree International LargeCap Dividend Fund
Reiterated Rating$45.00$45.00 ➝ $11.00HoldN/A
Brookfield Infrastructure Partners logo
BIP
Brookfield Infrastructure Partners
Boost Price Target$50.00$47.00 ➝ $48.00BuyLow
AltaGas Ltd. (ALA.TO) logo
ALA
AltaGas Ltd. (ALA.TO)
Boost Price TargetC$19.00C$21.50 ➝ C$23.00BuyN/A
Computer Modelling Group Ltd. (CMG.TO) logo
CMG
Computer Modelling Group Ltd. (CMG.TO)
DowngradeC$5.00C$7.50 ➝ C$7.75Buy ➝ HoldN/A
Algonquin Power & Utilities logo
AQN
Algonquin Power & Utilities
Reiterated Rating$16.00BuyMedium
DIRTT Environmental Solutions Ltd. (DRT.TO) logo
DRT
DIRTT Environmental Solutions Ltd. (DRT.TO)
Lower Price TargetC$2.00C$9.50 ➝ C$8.50HoldN/A
Source Energy Services Ltd. (SHLE.TO) logo
SHLE
Source Energy Services Ltd. (SHLE.TO)
DowngradeC$0.00Speculative Buy ➝ HoldN/A
Badger Daylighting Ltd. (BAD.TO) logo
BAD
Badger Daylighting Ltd. (BAD.TO)
DowngradeC$40.00C$40.00 ➝ C$41.00Hold ➝ SellN/A
Enbridge logo
ENB
Enbridge
Reiterated Rating$32.00BuyLow
TC Energy logo
TRP
TC Energy
Reiterated Rating$45.00BuyLow
Aimia Inc. (AIM.TO) logo
AIM
Aimia Inc. (AIM.TO)
UpgradeC$4.00C$5.00 ➝ C$5.50Speculative Buy ➝ BuyN/A
TransAlta logo
TAC
TransAlta
Upgrade$7.00BuyMedium
The North West Company Inc. (NWC.TO) logo
NWC
The North West Company Inc. (NWC.TO)
Lower Price TargetC$34.00C$34.00 ➝ C$32.50BuyN/A
TransAlta Renewables Inc. (RNW.TO) logo
RNW
TransAlta Renewables Inc. (RNW.TO)
Boost Price TargetC$18.00C$12.00 ➝ C$13.00HoldN/A
Premium Brands Holdings Co. (PBH.TO) logo
PBH
Premium Brands Holdings Co. (PBH.TO)
Reiterated RatingC$97.00 C$95.00BuyN/A
CHW
Chesswood Group Limited (CHW.TO)
Boost Price TargetC$8.00C$15.00 ➝ C$16.00Top PickN/A
Shawcor Ltd. (SCL.TO) logo
SCL
Shawcor Ltd. (SCL.TO)
Boost Price TargetC$3.00C$26.50 ➝ C$27.50Strong-BuyN/A
Wesdome Gold Mines Ltd. (WDO.TO) logo
WDO
Wesdome Gold Mines Ltd. (WDO.TO)
Boost Price TargetC$11.00C$5.50 ➝ C$6.20Strong-BuyN/A
AltaGas logo
ATGFF
AltaGas
Downgrade$15.00HoldMedium
BADFF
Badger Daylighting
Downgrade$30.00HoldN/A
Badger Daylighting Ltd. (BAD.TO) logo
BAD
Badger Daylighting Ltd. (BAD.TO)
DowngradeC$40.00 C$39.00Buy ➝ HoldN/A
DLMAF
Dollarama
Downgrade$40.00BuyLow
Kinaxis Inc. (KXS.TO) logo
KXS
Kinaxis Inc. (KXS.TO)
UpgradeC$188.00 C$88.00Hold ➝ BuyN/A
Badger Daylighting Ltd. (BAD.TO) logo
BAD
Badger Daylighting Ltd. (BAD.TO)
DowngradeC$40.00C$38.00 ➝ C$39.00Strong-Buy ➝ BuyN/A
Secure Energy Services Inc. (SES.TO) logo
SES
Secure Energy Services Inc. (SES.TO)
Boost Price TargetC$2.00C$12.25 ➝ C$12.50N/A
AltaGas Ltd. (ALA.TO) logo
ALA
AltaGas Ltd. (ALA.TO)
Lower Price TargetC$19.00C$28.50 ➝ C$27.00N/A
Mullen Group Ltd. (MTL.TO) logo
MTL
Mullen Group Ltd. (MTL.TO)
UpgradeC$10.00Buy ➝ Strong-BuyN/A
Aecon Group Inc. (ARE.TO) logo
ARE
Aecon Group Inc. (ARE.TO)
UpgradeC$16.00C$19.50 ➝ C$23.00Buy ➝ Strong-BuyN/A
Constellation Software Inc. (CSU.TO) logo
CSU
Constellation Software Inc. (CSU.TO)
Lower Price TargetC$1,620.00C$940.00 ➝ C$900.00N/A
SY
Symbility Solutions Inc. (SY.V)
DowngradeC$1.00C$0.70 ➝ C$0.62Speculative Buy ➝ TenderN/A
Gibson Energy Inc. (GEI.TO) logo
GEI
Gibson Energy Inc. (GEI.TO)
Boost Price TargetC$21.00C$22.00 ➝ C$23.50N/A
Timbercreek Financial Corp. (TF.TO) logo
TF
Timbercreek Financial Corp. (TF.TO)
Reiterated RatingC$9.00 C$10.00BuyN/A
Northland Power Inc. (NPI.TO) logo
NPI
Northland Power Inc. (NPI.TO)
DowngradeC$46.00C$28.00 ➝ C$26.00Strong-Buy ➝ BuyN/A
Canadian Utilities Limited (CU.TO) logo
CU
Canadian Utilities Limited (CU.TO)
Lower Price TargetC$33.00C$36.00 ➝ C$32.00N/A
Source Energy Services Ltd. (SHLE.TO) logo
SHLE
Source Energy Services Ltd. (SHLE.TO)
Lower Price TargetC$0.00C$8.50 ➝ C$5.75N/A
STEP Energy Services Ltd. (STEP.TO) logo
STEP
STEP Energy Services Ltd. (STEP.TO)
Lower Price TargetC$1.00C$16.25 ➝ C$11.00N/A
SXP
Supremex Inc. (SXP.TO)
Lower Price TargetC$2.00C$5.25 ➝ C$4.50N/A
PIF
Polaris Infrastructure Inc. (PIF.TO)
Lower Price TargetC$17.00C$30.00 ➝ C$23.00N/A
TransAlta Renewables Inc. (RNW.TO) logo
RNW
TransAlta Renewables Inc. (RNW.TO)
DowngradeC$18.00C$14.00 ➝ C$12.00Buy ➝ HoldN/A
Innergex Renewable Energy Inc. (INE.TO) logo
INE
Innergex Renewable Energy Inc. (INE.TO)
Lower Price TargetC$25.00C$18.00 ➝ C$16.00N/A
Boralex Inc. (BLX.TO) logo
BLX
Boralex Inc. (BLX.TO)
UpgradeC$40.00C$26.00 ➝ C$22.00Buy ➝ Strong-BuyN/A
Hydro One Limited (H.TO) logo
H
Hydro One Limited (H.TO)
Lower Price TargetC$30.00C$24.00 ➝ C$21.00N/A
Capital Power Co. (CPX.TO) logo
CPX
Capital Power Co. (CPX.TO)
DowngradeC$33.00C$31.00 ➝ C$30.00Buy ➝ HoldN/A
Fortis Inc. (FTS.TO) logo
FTS
Fortis Inc. (FTS.TO)
Lower Price TargetC$53.00C$51.00 ➝ C$48.00N/A
Emera Incorporated (EMA.TO) logo
EMA
Emera Incorporated (EMA.TO)
Lower Price TargetC$54.00C$55.00 ➝ C$51.00N/A
Aecon Group Inc. (ARE.TO) logo
ARE
Aecon Group Inc. (ARE.TO)
Boost Price TargetC$16.00C$18.50 ➝ C$19.50N/A
Shawcor Ltd. (SCL.TO) logo
SCL
Shawcor Ltd. (SCL.TO)
Lower Price TargetC$3.00C$34.00 ➝ C$33.00N/A
Surge Energy Inc. (SGY.TO) logo
SGY
Surge Energy Inc. (SGY.TO)
Reiterated RatingC$0.00 C$4.00BuyN/A
The Descartes Systems Group Inc (DSG.TO) logo
DSG
The Descartes Systems Group Inc (DSG.TO)
Boost Price TargetC$76.00C$29.00 ➝ C$33.00N/A
AltaGas Ltd. (ALA.TO) logo
ALA
AltaGas Ltd. (ALA.TO)
Lower Price TargetC$19.00C$29.50 ➝ C$28.50N/A
DUG
Distinct Infrastructure Group
Lower Price TargetC$0.00C$1.75 ➝ C$1.25N/A
Capital Power Co. (CPX.TO) logo
CPX
Capital Power Co. (CPX.TO)
Boost Price TargetC$33.00C$30.00 ➝ C$31.00N/A
The North West Company Inc. (NWC.TO) logo
NWC
The North West Company Inc. (NWC.TO)
Boost Price TargetC$34.00C$33.50 ➝ C$34.00N/A
Dollarama Inc. (DOL.TO) logo
DOL
Dollarama Inc. (DOL.TO)
UpgradeC$53.00 C$54.50Hold ➝ BuyN/A
RFC
Rifco Inc. (RFC.V)
Lower Price TargetC$1.00C$1.50 ➝ C$1.35N/A
ENW
EnWave Co. (ENW.V)
Boost Price TargetC$1.00C$1.60 ➝ C$1.70N/A
Pure Multi-Family REIT logo
RUF.UN
Pure Multi-Family REIT
Lower Price TargetC$9.00C$8.00 ➝ C$7.00N/A
BGM
Barkerville Gold Mines Ltd. (BGM.V)
UpgradeC$0.00Speculative Buy ➝ BuyN/A
StorageVault Canada Inc. (SVI.V) logo
SVI
StorageVault Canada Inc. (SVI.V)
Boost Price TargetC$4.00C$2.50 ➝ C$2.75N/A
Storm Resources Ltd. (SRX.TO) logo
SRX
Storm Resources Ltd. (SRX.TO)
Boost Price TargetC$2.00C$3.75 ➝ C$4.50N/A
Birchcliff Energy Ltd. (BIR.TO) logo
BIR
Birchcliff Energy Ltd. (BIR.TO)
Boost Price TargetC$2.00C$6.50 ➝ C$7.00N/A
Mosaic Capital Co. (M.V) logo
M
Mosaic Capital Co. (M.V)
Lower Price TargetC$2.00C$7.00 ➝ C$6.50N/A
Absolute Software Co. (ABT.TO) logo
ABT
Absolute Software Co. (ABT.TO)
Boost Price TargetC$13.00C$10.25 ➝ C$10.50N/A
Killam Apartment REIT logo
KMP.UN
Killam Apartment REIT
Boost Price TargetC$18.00C$16.25 ➝ C$17.00N/A
Badger Daylighting Ltd. (BAD.TO) logo
BAD
Badger Daylighting Ltd. (BAD.TO)
UpgradeC$40.00C$34.50 ➝ C$36.50Hold ➝ BuyN/A
Canadian Apartment Properties REIT logo
CAR.UN
Canadian Apartment Properties REIT
Boost Price TargetC$51.00C$43.50 ➝ C$50.00N/A
Cominar REIT logo
CUF.UN
Cominar REIT
Lower Price TargetC$9.00C$14.50 ➝ C$14.25N/A
PPR
Prairie Provident Resources Inc. (PPR.TO)
Boost Price TargetC$0.00C$0.75 ➝ C$0.90N/A
EFH
Echelon Financial Holdings Inc. (EFH.TO)
Boost Price TargetC$2.00C$13.00 ➝ C$14.00N/A
Computer Modelling Group Ltd. (CMG.TO) logo
CMG
Computer Modelling Group Ltd. (CMG.TO)
UpgradeC$5.00C$10.50 ➝ C$10.00Hold ➝ BuyN/A
Yangarra Resources Ltd. (YGR.TO) logo
YGR
Yangarra Resources Ltd. (YGR.TO)
Boost Price TargetC$1.00C$7.75 ➝ C$8.25N/A
Nuvista Energy logo
NVA
Nuvista Energy
Boost Price TargetC$1.00C$11.00 ➝ C$12.00N/A
DIRTT Environmental Solutions Ltd. (DRT.TO) logo
DRT
DIRTT Environmental Solutions Ltd. (DRT.TO)
Boost Price TargetC$2.00C$7.50 ➝ C$8.00N/A
Pason Systems Inc. (PSI.TO) logo
PSI
Pason Systems Inc. (PSI.TO)
Boost Price TargetC$7.00C$19.00 ➝ C$20.50N/A
Gibson Energy Inc. (GEI.TO) logo
GEI
Gibson Energy Inc. (GEI.TO)
Boost Price TargetC$21.00C$19.50 ➝ C$22.00N/A