Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

Company NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
BCCLF
Becle SAB de
Upgrade$2.00Underperform ➝ Sector PerformLow
Allied Properties Real Estate Investment Trust logo
APYRF
Allied Properties Real Estate Investment Trust
Lower Price Target$26.00$53.50 ➝ $48.00OutperformLow
CADNF
Cascades
Boost Price Target$12.00$16.00 ➝ $18.00Sector PerformN/A
Canfor Pulp Products logo
CFPUF
Canfor Pulp Products
Lower Price Target$4.00$6.50 ➝ $6.00Sector PerformN/A
Corus Entertainment logo
CJREF
Corus Entertainment
Boost Price Target$3.00$4.50 ➝ $5.00OutperformHigh
FNLIF
First National Financial
Boost Price Target$25.00$33.00 ➝ $34.00Sector PerformN/A
HMCBF
Home Capital Group
Boost Price Target$18.00$25.00 ➝ $26.00Sector PerformLow
Allied Properties Real Estate Investment logo
AP.UN
Allied Properties Real Estate Investment
Lower Price TargetC$34.00C$53.50 ➝ C$48.00N/A
Canfor Pulp Products Inc. (CFX.TO) logo
CFX
Canfor Pulp Products Inc. (CFX.TO)
Lower Price TargetC$5.00C$6.50 ➝ C$6.00N/A
Cascades logo
CAS
Cascades
Boost Price TargetC$16.00C$16.00 ➝ C$18.00N/A
Corus Entertainment logo
CJR.B
Corus Entertainment
Boost Price TargetC$4.00C$4.50 ➝ C$5.00N/A
Equitable Group logo
EQB
Equitable Group
Boost Price TargetC$83.00C$91.00 ➝ C$94.00N/A
First National Financial Co. (FN.TO) logo
FN
First National Financial Co. (FN.TO)
Boost Price TargetC$34.00C$33.00 ➝ C$34.00N/A
Home Capital Group logo
HCG
Home Capital Group
Boost Price TargetC$25.00C$25.00 ➝ C$26.00N/A
NSRXF
Nomad Royalty
Initiated Coverage$1.00OutperformLow
ANFGF
Antofagasta
Reiterated Rating$14.00Sector PerformLow
TMTNF
Toromont Industries
Boost Price Target$67.00$73.00 ➝ $85.00Sector PerformLow
WJXFF
Wajax
Boost Price Target$10.00$14.00 ➝ $15.00Sector PerformN/A
Yara International ASA logo
YARIY
Yara International ASA
Reiterated Rating$19.00Sector PerformLow
Toromont Industries logo
TIH
Toromont Industries
Boost Price TargetC$87.00C$73.00 ➝ C$85.00N/A
Wajax Co. (WJX.TO) logo
WJX
Wajax Co. (WJX.TO)
Boost Price TargetC$13.00C$14.00 ➝ C$15.00N/A
Element Fleet Management logo
EFN
Element Fleet Management
Boost Price TargetC$13.00C$12.00 ➝ C$13.00N/A
Tourmaline Oil Corp. (TOU.TO) logo
TOU
Tourmaline Oil Corp. (TOU.TO)
Boost Price TargetC$19.00C$24.00 ➝ C$30.00N/A
ELEEF
Element Fleet Management
Boost Price Target$10.00$12.00 ➝ $13.50OutperformHigh
TRMLF
Tourmaline Oil
Boost Price Target$14.00$24.00 ➝ $30.00OutperformLow
Mullen Group logo
MLLGF
Mullen Group
Boost Price Target$8.00$10.50 ➝ $12.00OutperformN/A
TFI International logo
TFII
TFI International
Boost Price Target$50.00$65.00 ➝ $78.00OutperformLow
Mullen Group Ltd. (MTL.TO) logo
MTL
Mullen Group Ltd. (MTL.TO)
Boost Price TargetC$10.00C$10.50 ➝ C$12.00N/A
TFI International Inc. (TFII.TO) logo
TFII
TFI International Inc. (TFII.TO)
Boost Price TargetC$66.00C$65.00 ➝ C$78.00N/A
Schlumberger logo
SLB
Schlumberger
Boost Price Target$15.00$21.00 ➝ $22.00Sector OutperformMedium
BRLXF
TransAlta Renewables
Boost Price Target$30.00$38.75 ➝ $44.50OutperformHigh
INGXF
Innergex Renewable Energy
Boost Price Target$19.00$23.00 ➝ $25.25Sector PerformHigh
TRSWF
TransAlta Renewables
Boost Price Target$13.00$16.50 ➝ $17.50Sector PerformLow
Boralex logo
BLX
Boralex
Boost Price TargetC$40.00C$38.75 ➝ C$44.50N/A
Innergex Renewable Energy logo
INE
Innergex Renewable Energy
Boost Price TargetC$25.00C$23.00 ➝ C$25.25N/A
TransAlta Renewables logo
RNW
TransAlta Renewables
Boost Price TargetC$18.00C$16.50 ➝ C$17.50N/A
GRPBF
Grupo Lala
Upgrade$1.00Underperform ➝ Sector PerformLow
Methanex logo
MEOH
Methanex
Boost Price Target$31.00$31.00 ➝ $36.00Sector OutperformHigh
IGM Financial logo
IGIFF
IGM Financial
Boost Price Target$25.00$36.00 ➝ $37.00Sector PerformLow
PWCDF
Power Co. of Canada
Boost Price Target$20.00$32.00 ➝ $32.50Sector PerformMedium
TMXXF
TMX Group
Boost Price Target$104.00$150.00 ➝ $160.00OutperformN/A
IGM Financial Inc. (IGM.TO) logo
IGM
IGM Financial Inc. (IGM.TO)
Boost Price TargetC$32.00C$36.00 ➝ C$37.00N/A
Power Co. of Canada logo
POW
Power Co. of Canada
Boost Price TargetC$27.00C$32.00 ➝ C$32.50N/A
TMX Group logo
X
TMX Group
Boost Price TargetC$134.00C$150.00 ➝ C$160.00N/A
Viper Energy Partners logo
VNOM
Viper Energy Partners
Boost Price Target$8.00$12.00 ➝ $13.00Sector OutperformHigh
Fresnillo logo
FNLPF
Fresnillo
Reiterated Rating$16.00UnderperformLow
First Quantum Minerals Ltd. (FM.TO) logo
FM
First Quantum Minerals Ltd. (FM.TO)
Boost Price TargetC$14.00C$15.00 ➝ C$17.00N/A
Freehold Royalties Ltd. (FRU.TO) logo
FRU
Freehold Royalties Ltd. (FRU.TO)
Boost Price TargetC$4.00C$5.00 ➝ C$5.50N/A
GAU
Galiano Gold Inc. (GAU.TO)
Boost Price TargetC$2.00C$2.25 ➝ C$2.50N/A
Hudbay Minerals Inc. (HBM.TO) logo
HBM
Hudbay Minerals Inc. (HBM.TO)
UpgradeC$7.00C$5.00 ➝ C$7.25Sector Perform ➝ OutperformN/A
Imperial Oil logo
IMO
Imperial Oil
Lower Price TargetC$18.00C$23.00 ➝ C$22.00N/A
KNT
K92 Mining Inc. (KNT.V)
Boost Price TargetC$7.00C$7.75 ➝ C$8.50N/A
Kelt Exploration Ltd. (KEL.TO) logo
KEL
Kelt Exploration Ltd. (KEL.TO)
Lower Price TargetC$2.00C$3.00 ➝ C$2.75N/A
Kirkland Lake Gold Ltd. (KL.TO) logo
KL
Kirkland Lake Gold Ltd. (KL.TO)
Boost Price TargetC$61.00C$64.00 ➝ C$70.00N/A
Labrador Iron Ore Royalty logo
LIF
Labrador Iron Ore Royalty
Boost Price TargetC$26.00C$33.00 ➝ C$35.00N/A
Lightspeed POS logo
LSPD
Lightspeed POS
Boost Price TargetC$45.00C$46.00 ➝ C$51.00N/A
Lundin Gold Inc. (LUG.TO) logo
LUG
Lundin Gold Inc. (LUG.TO)
Boost Price TargetC$12.00C$14.00 ➝ C$15.00N/A
Lundin Mining Co. (LUN.TO) logo
LUN
Lundin Mining Co. (LUN.TO)
Boost Price TargetC$8.00C$8.75 ➝ C$9.50N/A
MOZ
Marathon Gold
Boost Price TargetC$2.00C$2.50 ➝ C$2.75N/A
Nevada Copper logo
NCU
Nevada Copper
DowngradeC$0.00C$0.25 ➝ C$0.20Outperform ➝ Sector PerformN/A
Nuvista Energy logo
NVA
Nuvista Energy
Boost Price TargetC$1.00C$1.10 ➝ C$1.20N/A
OLA
Orla Mining
Boost Price TargetC$1.00C$5.25 ➝ C$6.50N/A
Osisko Gold Royalties Ltd (OR.TO) logo
OR
Osisko Gold Royalties Ltd (OR.TO)
Boost Price TargetC$16.00C$21.00 ➝ C$24.00N/A
PrairieSky Royalty logo
PSK
PrairieSky Royalty
Lower Price TargetC$9.00C$12.00 ➝ C$11.50N/A
Premier Gold Mines Limited (PG.TO) logo
PG
Premier Gold Mines Limited (PG.TO)
Boost Price TargetC$3.00C$3.75 ➝ C$4.00N/A
Pretium Resources logo
PVG
Pretium Resources
Boost Price TargetC$16.00C$12.00 ➝ C$13.50N/A
Seven Generations Energy Ltd. (VII.TO) logo
VII
Seven Generations Energy Ltd. (VII.TO)
Boost Price TargetC$5.00C$8.00 ➝ C$9.00N/A
SSR Mining logo
SSRM
SSR Mining
Boost Price TargetC$25.00C$36.00 ➝ C$39.50N/A
Taseko Mines Limited (TKO.TO) logo
TKO
Taseko Mines Limited (TKO.TO)
Boost Price TargetC$1.00C$0.80 ➝ C$1.00N/A
Teck Resources logo
TECK.B
Teck Resources
Boost Price TargetC$18.00C$23.00 ➝ C$25.00N/A
Titan Mining Co. (TI.TO) logo
TI
Titan Mining Co. (TI.TO)
Boost Price TargetC$1.00C$0.50 ➝ C$0.60N/A
Torex Gold Resources Inc. (TXG.TO) logo
TXG
Torex Gold Resources Inc. (TXG.TO)
Boost Price TargetC$20.00C$33.00 ➝ C$34.00N/A
Transat A.T. Inc. (TRZ.TO) logo
TRZ
Transat A.T. Inc. (TRZ.TO)
Lower Price TargetC$5.00C$7.00 ➝ C$5.00N/A
Uranium Participation logo
U
Uranium Participation
Lower Price TargetC$4.00C$6.50 ➝ C$6.00N/A
NEVDF
Nevada Copper
Downgrade$0.00$0.25 ➝ $0.20Outperform ➝ Sector PerformLow
Hudbay Minerals logo
HBM
Hudbay Minerals
Upgrade$5.00$5.00 ➝ $7.25Sector Perform ➝ Sector OutperformMedium
Liberty Oilfield Services logo
LBRT
Liberty Oilfield Services
Downgrade$8.00 $8.00Sector Outperform ➝ Sector PerformLow
ANFGF
Antofagasta
Reiterated Rating$14.00Sector PerformLow
ARC Resources logo
AETUF
ARC Resources
Boost Price Target$5.00$8.00 ➝ $8.50Sector PerformLow
ARNGF
Argonaut Gold
Boost Price Target$2.00$3.50 ➝ $4.25OutperformLow
B2Gold logo
BTG
B2Gold
Boost Price Target$7.00$9.00 ➝ $11.00OutperformN/A
Baytex Energy logo
BTE
Baytex Energy
Lower Price Target$0.00$0.75 ➝ $0.70UnderperformLow
VNNHF
Belo Sun Mining
Boost Price Target$1.00$0.75 ➝ $0.85Sector PerformHigh
BIREF
Birchcliff Energy
Boost Price Target$2.00$3.50 ➝ $4.00OutperformLow
CXBMF
Calibre Mining
Boost Price Target$2.00$2.75 ➝ $3.00OutperformMedium
CCDBF
CCL Industries
Boost Price Target$40.00$58.00 ➝ $63.00OutperformLow
CAGDF
Centerra Gold
Lower Price Target$10.00$18.50 ➝ $18.00OutperformLow
CHPRF
Champion Iron
Boost Price Target$2.00$3.75 ➝ $4.00OutperformN/A
CPPMF
Copper Mountain Mining
Boost Price Target$1.00$0.85 ➝ $1.20Sector PerformLow
Endeavour Mining logo
EDVMF
Endeavour Mining
Boost Price Target$26.00$45.00 ➝ $50.00OutperformLow
EQX
Equinox Gold Cp
Boost Price Target$12.00$17.00 ➝ $19.25OutperformLow
ERRPF
Ero Copper
Boost Price Target$15.00$20.00 ➝ $21.00Sector PerformLow
First Quantum Minerals logo
FQVLF
First Quantum Minerals
Boost Price Target$11.00$15.00 ➝ $17.00OutperformLow
FRHLF
Freehold Royalties
Boost Price Target$3.00$5.00 ➝ $5.50OutperformLow
GAU
Galiano Gold
Boost Price Target$2.00$2.25 ➝ $2.50Sector PerformLow
Imperial Oil logo
IMO
Imperial Oil
Lower Price Target$13.00$23.00 ➝ $22.00Sector PerformN/A
KNTNF
Golden Arrow Resources
Boost Price Target$6.00$7.75 ➝ $8.50OutperformLow
KELTF
Kelt Exploration
Lower Price Target$1.00$3.00 ➝ $2.75OutperformLow
Kirkland Lake Gold logo
KL
Kirkland Lake Gold
Boost Price Target$47.00$64.00 ➝ $70.00OutperformMedium
LIFZF
Labrador Iron Ore Royalty
Boost Price Target$20.00$33.00 ➝ $35.00OutperformLow