National Bank Financial Stock Recommendations and Price Targets

This is a list of recent ratings by National Bank Financial.

Company NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
Element Fleet Management logo
EFN
Element Fleet Management
Boost Price TargetC$12.00C$14.00 ➝ C$18.00OutperformN/A
Mullen Group Ltd. (MTL.TO) logo
MTL
Mullen Group Ltd. (MTL.TO)
Boost Price TargetC$9.00C$11.00 ➝ C$11.75OutperformN/A
Rogers Communications logo
RCI.B
Rogers Communications
Boost Price TargetC$55.00C$67.00 ➝ C$68.00OutperformN/A
National Bank of Canada logo
NTIOF
National Bank of Canada
Upgrade$48.00Sell ➝ BuyLow
Capstone Mining Corp. (CS.TO) logo
CS
Capstone Mining Corp. (CS.TO)
Boost Price TargetC$2.00C$1.80 ➝ C$2.10OutperformN/A
First National Financial Co. (FN.TO) logo
FN
First National Financial Co. (FN.TO)
Boost Price TargetC$38.00C$36.00 ➝ C$39.00Sector PerformN/A
LSPD
Lightspeed POS
Lower Price Target$32.00$50.00 ➝ $45.00OutperformLow
Barrick Gold Co. (ABX.TO) logo
ABX
Barrick Gold Co. (ABX.TO)
Lower Price TargetC$35.00C$44.00 ➝ C$42.00Sector PerformN/A
Tourmaline Oil Corp. (TOU.TO) logo
TOU
Tourmaline Oil Corp. (TOU.TO)
Set Price TargetC$17.00 C$30.00OutperformN/A
Falco Resources logo
FPC
Falco Resources
Boost Price TargetC$0.00C$0.45 ➝ C$0.55OutperformN/A
LAC
Lithium Americas
Boost Price Target$10.00$10.00 ➝ $12.50OutperformMedium
Savaria Co. (SIS.TO) logo
SIS
Savaria Co. (SIS.TO)
Boost Price TargetC$14.00C$15.50 ➝ C$17.00OutperformN/A
Stingray Group logo
RAY.A
Stingray Group
Boost Price TargetC$6.00C$7.00 ➝ C$7.50OutperformN/A
Canadian Pacific Railway Limited (CP.TO) logo
CP
Canadian Pacific Railway Limited (CP.TO)
Boost Price TargetC$397.00C$422.00 ➝ C$433.00Sector PerformN/A
Intact Financial Co. (IFC.TO) logo
IFC
Intact Financial Co. (IFC.TO)
Boost Price TargetC$139.00C$165.00 ➝ C$168.00OutperformN/A
TransAlta Renewables Inc. (RNW.TO) logo
RNW
TransAlta Renewables Inc. (RNW.TO)
DowngradeC$17.00C$17.50 ➝ C$18.00Outperform ➝ Sector PerformN/A
Absolute Software Co. (ABT.TO) logo
ABT
Absolute Software Co. (ABT.TO)
Boost Price TargetC$15.00C$17.00 ➝ C$18.00N/A
Altus Group Limited (AIF.TO) logo
AIF
Altus Group Limited (AIF.TO)
Boost Price TargetC$56.00C$45.00 ➝ C$52.00N/A
Equitable Group logo
EQB
Equitable Group
Boost Price TargetC$84.00C$95.00 ➝ C$104.00OutperformN/A
Lightspeed POS logo
LSPD
Lightspeed POS
Lower Price TargetC$42.00C$50.00 ➝ C$45.00OutperformN/A
Taseko Mines Limited (TKO.TO) logo
TKO
Taseko Mines Limited (TKO.TO)
Lower Price TargetC$1.00C$1.80 ➝ C$1.75Sector PerformN/A
Trisura Group logo
TSU
Trisura Group
Reiterated RatingC$86.00 C$114.00OutperformN/A
Sierra Wireless logo
SWIR
Sierra Wireless
Reiterated Rating$11.00Sector Perform OverweightLow
Absolute Software Co. (ABT.TO) logo
ABT
Absolute Software Co. (ABT.TO)
Reiterated RatingC$15.00Sector Perform Market WeightN/A
Altus Group Limited (AIF.TO) logo
AIF
Altus Group Limited (AIF.TO)
Reiterated RatingC$56.00Sector Perform Market WeightN/A
Sierra Wireless, Inc. (SW.TO) logo
SW
Sierra Wireless, Inc. (SW.TO)
Reiterated RatingC$15.00Sector Perform OverweightN/A
BYD
Boyd Group Income Fund
DowngradeC$190.00C$235.00 ➝ C$230.00Outperform ➝ Sector PerformN/A
OceanaGold Co. (OGC.TO) logo
OGC
OceanaGold Co. (OGC.TO)
Set Price TargetC$2.00 C$4.25OutperformN/A
Cenovus Energy logo
CVE
Cenovus Energy
Boost Price Target$3.00$8.00 ➝ $10.00OutperformHigh
Allied Properties Real Estate Investment logo
AP.UN
Allied Properties Real Estate Investment
Lower Price TargetC$32.00C$54.00 ➝ C$48.00N/A
APR.UN
Automotive Properties Real Est Invt TR
Boost Price TargetC$10.00C$11.00 ➝ C$11.50N/A
Cascades Inc. (CAS.TO) logo
CAS
Cascades Inc. (CAS.TO)
Reiterated RatingC$15.00 C$22.50OutperformN/A
Cenovus Energy logo
CVE
Cenovus Energy
Boost Price TargetC$4.00C$8.00 ➝ C$10.00OutperformN/A
Crombie Real Estate Investment Trust logo
CRR.UN
Crombie Real Estate Investment Trust
Boost Price TargetC$13.00C$14.25 ➝ C$15.50N/A
CT Real Estate Investment Trust logo
CRT.UN
CT Real Estate Investment Trust
Boost Price TargetC$14.00C$15.50 ➝ C$17.00N/A
Dream Industrial Real Estate Invest Trst logo
DIR.UN
Dream Industrial Real Estate Invest Trst
Boost Price TargetC$12.00C$12.00 ➝ C$13.00N/A
Dream Office Real Estate Investment Trst logo
D.UN
Dream Office Real Estate Investment Trst
Lower Price TargetC$17.00C$24.00 ➝ C$22.00N/A
Genworth MI Canada logo
MIC
Genworth MI Canada
Boost Price TargetC$44.00C$40.00 ➝ C$43.50Outperform ➝ TenderN/A
H&R Real Estate Investment Trust logo
HR.UN
H&R Real Estate Investment Trust
Lower Price TargetC$10.00C$15.00 ➝ C$14.00N/A
Husky Energy Inc. (HSE.TO) logo
HSE
Husky Energy Inc. (HSE.TO)
DowngradeC$4.00 C$4.00Sector Perform ➝ TenderN/A
Innergex Renewable Energy logo
INE
Innergex Renewable Energy
Boost Price TargetC$24.00C$24.50 ➝ C$27.00OutperformN/A
Interrent Real Estate Investment Trust logo
IIP.UN
Interrent Real Estate Investment Trust
Lower Price TargetC$11.00C$15.75 ➝ C$15.00N/A
Minto Apartment Real Estate Invt Trust logo
MI.UN
Minto Apartment Real Estate Invt Trust
Lower Price TargetC$17.00C$22.25 ➝ C$21.00N/A
Sleep Country Canada Holdings Inc. (ZZZ.TO) logo
ZZZ
Sleep Country Canada Holdings Inc. (ZZZ.TO)
Boost Price TargetC$23.00C$23.00 ➝ C$27.00Sector PerformN/A
TFI International Inc. (TFII.TO) logo
TFII
TFI International Inc. (TFII.TO)
Boost Price TargetC$61.00C$68.00 ➝ C$77.00OutperformN/A
Tricon Residential Inc. (TCN.TO) logo
TCN
Tricon Residential Inc. (TCN.TO)
Boost Price TargetC$11.00C$11.00 ➝ C$14.00N/A
Sleep Country Canada Holdings Inc. (ZZZ.TO) logo
ZZZ
Sleep Country Canada Holdings Inc. (ZZZ.TO)
Reiterated RatingC$23.00Sector Perform Market WeightN/A
Altagas logo
ALA
Altagas
Boost Price TargetC$17.00C$20.00 ➝ C$21.00OutperformN/A
Canadian Tire logo
CTC.A
Canadian Tire
Boost Price TargetC$148.00C$128.00 ➝ C$156.00OutperformN/A
IPLP
IPL Plastics Inc. (IPLP.TO)
Set Price TargetC$10.00 C$10.00TenderN/A
Spin Master Corp. (TOY.TO) logo
TOY
Spin Master Corp. (TOY.TO)
UpgradeC$28.00C$31.00 ➝ C$35.00Sector Perform ➝ OutperformN/A
Element Fleet Management logo
EFN
Element Fleet Management
Boost Price TargetC$12.00C$14.00 ➝ C$18.00OutperformN/A
Lithium Americas logo
LAC
Lithium Americas
Boost Price TargetC$13.00C$10.00 ➝ C$12.50OutperformN/A
Mullen Group Ltd. (MTL.TO) logo
MTL
Mullen Group Ltd. (MTL.TO)
Lower Price TargetC$9.00C$11.00 ➝ C$1.75OutperformN/A
Rogers Communications logo
RCI.B
Rogers Communications
Boost Price TargetC$55.00C$67.00 ➝ C$68.00OutperformN/A
Advantage Oil & Gas Ltd. (AAV.TO) logo
AAV
Advantage Oil & Gas Ltd. (AAV.TO)
Boost Price TargetC$2.00C$3.00 ➝ C$3.50OutperformN/A
Argonaut Gold Inc. (AR.TO) logo
AR
Argonaut Gold Inc. (AR.TO)
Set Price TargetC$2.00 C$4.25OutperformN/A
Paramount Resources Ltd. (POU.TO) logo
POU
Paramount Resources Ltd. (POU.TO)
UpgradeC$2.00C$1.75 ➝ C$3.00Underperform ➝ Sector PerformN/A
Storm Resources logo
SRX
Storm Resources
DowngradeC$2.00C$2.50 ➝ C$3.00Outperform ➝ Sector PerformN/A
Agnico Eagle Mines Limited (AEM.TO) logo
AEM
Agnico Eagle Mines Limited (AEM.TO)
Lower Price TargetC$105.00C$130.00 ➝ C$128.00N/A
Barrick Gold Co. (ABX.TO) logo
ABX
Barrick Gold Co. (ABX.TO)
Lower Price TargetC$35.00C$44.00 ➝ C$42.00Sector PerformN/A
Centerra Gold Inc. (CG.TO) logo
CG
Centerra Gold Inc. (CG.TO)
Lower Price TargetC$12.00C$21.00 ➝ C$17.00N/A
Dundee Precious Metals logo
DPM
Dundee Precious Metals
Boost Price TargetC$9.00C$13.50 ➝ C$14.50N/A
Endeavour Mining Co. (EDV.TO) logo
EDV
Endeavour Mining Co. (EDV.TO)
Boost Price TargetC$32.00C$56.00 ➝ C$60.00N/A
Equinox Gold logo
EQX
Equinox Gold
Lower Price TargetC$8.00C$22.00 ➝ C$21.75N/A
First Majestic Silver logo
FR
First Majestic Silver
Lower Price TargetC$13.00C$20.00 ➝ C$18.00N/A
Kirkland Lake Gold Ltd. (KL.TO) logo
KL
Kirkland Lake Gold Ltd. (KL.TO)
Lower Price TargetC$60.00C$79.00 ➝ C$76.00N/A
LAC
Lithium Americas
Boost Price Target$10.00$10.00 ➝ $12.50OutperformLow
MAG Silver logo
MAG
MAG Silver
Boost Price TargetC$22.00C$29.00 ➝ C$29.50N/A
Mullen Group Ltd. (MTL.TO) logo
MTL
Mullen Group Ltd. (MTL.TO)
Boost Price TargetC$9.00C$11.00 ➝ C$11.75OutperformN/A
NGT
NEWMONT GOLD-TS
Lower Price TargetC$80.00C$125.00 ➝ C$121.00N/A
Pan American Silver Corp. (PAAS.TO) logo
PAAS
Pan American Silver Corp. (PAAS.TO)
Lower Price TargetC$41.00C$58.00 ➝ C$57.00N/A
SilverCrest Metals logo
SIL
SilverCrest Metals
Lower Price TargetC$9.00C$17.50 ➝ C$17.00N/A
SSR Mining logo
SSRM
SSR Mining
Lower Price TargetC$24.00C$46.00 ➝ C$45.00N/A
Tourmaline Oil Corp. (TOU.TO) logo
TOU
Tourmaline Oil Corp. (TOU.TO)
Set Price TargetC$17.00 C$30.00OutperformN/A
Wesdome Gold Mines Ltd. (WDO.TO) logo
WDO
Wesdome Gold Mines Ltd. (WDO.TO)
Boost Price TargetC$13.00C$16.50 ➝ C$17.50N/A
Yamana Gold Inc. (YRI.TO) logo
YRI
Yamana Gold Inc. (YRI.TO)
Lower Price TargetC$7.00C$9.50 ➝ C$9.00N/A
SIL
SilverCrest Metals Inc. (SIL.TO)
Lower Price TargetC$12.00C$17.50 ➝ C$17.00N/A
TRSWF
TransAlta Renewables
Downgrade$13.00Sector PerformLow
Stelco logo
STLC
Stelco
Boost Price TargetC$14.00C$7.00 ➝ C$12.00Sector PerformN/A
Toromont Industries Ltd. (TIH.TO) logo
TIH
Toromont Industries Ltd. (TIH.TO)
Boost Price TargetC$83.00C$76.00 ➝ C$88.50OutperformN/A
AKU
Akumin Inc. (AKU.TO)
Boost Price TargetC$5.00C$2.50 ➝ C$3.25Sector PerformN/A
Canadian Pacific Railway Limited (CP.TO) logo
CP
Canadian Pacific Railway Limited (CP.TO)
Boost Price TargetC$397.00C$422.00 ➝ C$433.00Sector PerformN/A
Intact Financial Co. (IFC.TO) logo
IFC
Intact Financial Co. (IFC.TO)
Boost Price TargetC$139.00C$165.00 ➝ C$168.00OutperformN/A
TransAlta Renewables Inc. (RNW.TO) logo
RNW
TransAlta Renewables Inc. (RNW.TO)
DowngradeC$17.00C$17.50 ➝ C$18.00Outperform ➝ Sector PerformN/A
BYDGF
Boyd Group Services
Downgrade$145.00Outperform ➝ Sector PerformLow
Boyd Gaming logo
BYD
Boyd Gaming
Downgrade$31.00Outperform ➝ Sector PerformMedium
BTB Real Estate Investment Trust logo
BTB.UN
BTB Real Estate Investment Trust
Set Price TargetC$3.00 C$3.30Sector PerformN/A
New Gold logo
NGD
New Gold
Boost Price TargetC$3.00C$3.50 ➝ C$3.75OutperformN/A
BYD
Boyd Group Income Fund
DowngradeC$190.00C$235.00 ➝ C$230.00Outperform ➝ Sector PerformN/A
OceanaGold Co. (OGC.TO) logo
OGC
OceanaGold Co. (OGC.TO)
Set Price TargetC$2.00 C$4.25OutperformN/A
SNMSF
Spin Master
Upgrade$21.00Sector Perform ➝ OutperformHigh
MTY Food Group Inc. (MTY.TO) logo
MTY
MTY Food Group Inc. (MTY.TO)
Boost Price TargetC$39.00C$35.00 ➝ C$49.00Sector PerformN/A
Altagas logo
ALA
Altagas
Boost Price TargetC$17.00C$20.00 ➝ C$21.00OutperformN/A
Canadian Tire logo
CTC.A
Canadian Tire
Boost Price TargetC$148.00C$128.00 ➝ C$156.00OutperformN/A
IPLP
IPL Plastics Inc. (IPLP.TO)
Set Price TargetC$10.00 C$10.00TenderN/A
Spin Master Corp. (TOY.TO) logo
TOY
Spin Master Corp. (TOY.TO)
UpgradeC$28.00C$31.00 ➝ C$35.00Sector Perform ➝ OutperformN/A
LRTNF
Pure Gold Mining
Initiated Coverage$2.00Sector PerformLow
BKBEF
Pipestone Energy
Downgrade$0.00Outperform ➝ Sector PerformHigh
Paramount Resources logo
PRMRF
Paramount Resources
Upgrade$2.00Underperform ➝ Sector PerformHigh