Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

Company NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
ConocoPhillips logo
COP
ConocoPhillips
Upgrade$47.00$45.00 ➝ $56.00Sector Perform ➝ Sector OutperformLow
Chevron logo
CVX
Chevron
Upgrade$94.00$95.00 ➝ $110.00Sector Perform ➝ OutperformMedium
Murphy Oil logo
MUR
Murphy Oil
Upgrade$15.00$11.00 ➝ $16.00Sector Underperform ➝ Sector PerformMedium
(RDS.A) logo
RDS.A
(RDS.A)
Downgrade$42.00$45.00 ➝ $42.00Outperform ➝ UnderperformMedium
PREKF
PrairieSky Royalty
Downgrade$9.00$11.50 ➝ $12.50Outperform ➝ Sector PerformLow
Advantage Oil & Gas Ltd. (AAV.TO) logo
AAV
Advantage Oil & Gas Ltd. (AAV.TO)
Boost Price TargetC$2.00C$4.00 ➝ C$4.50N/A
ARC Resources Ltd. (ARX.TO) logo
ARX
ARC Resources Ltd. (ARX.TO)
Boost Price TargetC$7.00C$8.50 ➝ C$9.00N/A
Birchcliff Energy Ltd. (BIR.TO) logo
BIR
Birchcliff Energy Ltd. (BIR.TO)
Boost Price TargetC$2.00C$4.25 ➝ C$4.50N/A
Canadian Natural Resources Limited (CNQ.TO) logo
CNQ
Canadian Natural Resources Limited (CNQ.TO)
Boost Price TargetC$32.00C$33.00 ➝ C$42.00N/A
Cenovus Energy Inc. (CVE.TO) logo
CVE
Cenovus Energy Inc. (CVE.TO)
Boost Price TargetC$8.00C$7.00 ➝ C$9.25N/A
Crescent Point Energy Corp. (CPG.TO) logo
CPG
Crescent Point Energy Corp. (CPG.TO)
Boost Price TargetC$4.00C$2.75 ➝ C$4.25N/A
Enerplus Co. (ERF.TO) logo
ERF
Enerplus Co. (ERF.TO)
Boost Price TargetC$5.00C$4.50 ➝ C$5.75N/A
Freehold Royalties Ltd. (FRU.TO) logo
FRU
Freehold Royalties Ltd. (FRU.TO)
Boost Price TargetC$6.00C$5.50 ➝ C$7.25N/A
FOOD
Goodfood Market Corp. (FOOD.TO)
Boost Price TargetC$12.00C$11.00 ➝ C$14.00N/A
Gran Tierra Energy Inc. (GTE.TO) logo
GTE
Gran Tierra Energy Inc. (GTE.TO)
Boost Price TargetC$1.00C$0.55 ➝ C$0.65N/A
Imperial Oil Limited (IMO.TO) logo
IMO
Imperial Oil Limited (IMO.TO)
Boost Price TargetC$27.00C$22.00 ➝ C$32.00N/A
IPCO
International Petroleum Co. (IPCO.TO)
Boost Price TargetC$3.00C$3.50 ➝ C$4.00N/A
Kelt Exploration Ltd. (KEL.TO) logo
KEL
Kelt Exploration Ltd. (KEL.TO)
Boost Price TargetC$2.00C$2.75 ➝ C$3.00N/A
Linamar Co. (LNR.TO) logo
LNR
Linamar Co. (LNR.TO)
Boost Price TargetC$72.00C$75.00 ➝ C$80.00N/A
Mullen Group Ltd. (MTL.TO) logo
MTL
Mullen Group Ltd. (MTL.TO)
Boost Price TargetC$11.00C$13.00 ➝ C$14.00N/A
Paramount Resources Ltd. (POU.TO) logo
POU
Paramount Resources Ltd. (POU.TO)
Boost Price TargetC$6.00C$3.50 ➝ C$4.50N/A
Parex Resources Inc. (PXT.TO) logo
PXT
Parex Resources Inc. (PXT.TO)
Boost Price TargetC$21.00C$24.00 ➝ C$26.00N/A
Peyto Exploration & Development Corp. (PEY.TO) logo
PEY
Peyto Exploration & Development Corp. (PEY.TO)
Boost Price TargetC$4.00C$4.50 ➝ C$5.50N/A
PrairieSky Royalty Ltd. (PSK.TO) logo
PSK
PrairieSky Royalty Ltd. (PSK.TO)
DowngradeC$11.00C$11.50 ➝ C$12.50Outperform ➝ Sector PerformN/A
Seven Generations Energy Ltd. (VII.TO) logo
VII
Seven Generations Energy Ltd. (VII.TO)
Boost Price TargetC$7.00C$9.00 ➝ C$11.00N/A
SDE
Spartan Delta Corp. (SDE.V)
Boost Price TargetC$4.00C$5.00 ➝ C$7.00N/A
Suncor Energy Inc. (SU.TO) logo
SU
Suncor Energy Inc. (SU.TO)
Boost Price TargetC$24.00C$27.00 ➝ C$30.00N/A
Vermilion Energy Inc. (VET.TO) logo
VET
Vermilion Energy Inc. (VET.TO)
Boost Price TargetC$7.00C$8.00 ➝ C$8.50N/A
AAVVF
Advantage Oil & Gas
Boost Price Target$2.00$4.00 ➝ $4.50OutperformLow
Africa Oil logo
AOIFF
Africa Oil
Boost Price Target$1.00$1.50 ➝ $1.60Sector PerformLow
ARC Resources logo
AETUF
ARC Resources
Boost Price Target$6.00$8.50 ➝ $9.00Sector PerformLow
BTEGF
Baytex Energy
Boost Price Target$1.00$0.70 ➝ $1.00UnderperformLow
BIREF
Birchcliff Energy
Boost Price Target$2.00$4.25 ➝ $4.50OutperformLow
Canadian Natural Resources logo
CNQ
Canadian Natural Resources
Boost Price Target$25.00$33.00 ➝ $42.00OutperformLow
Cenovus Energy logo
CVE
Cenovus Energy
Boost Price Target$6.00$7.00 ➝ $9.25Sector PerformLow
Crescent Point Energy logo
CPG
Crescent Point Energy
Boost Price Target$3.00$2.75 ➝ $4.25Sector PerformLow
CWEGF
Crew Energy
Boost Price Target$1.00$0.60 ➝ $0.75Sector PerformHigh
Enerplus logo
ERF
Enerplus
Boost Price Target$4.00$4.50 ➝ $5.75OutperformLow
FRHLF
Freehold Royalties
Boost Price Target$5.00$5.50 ➝ $7.25OutperformLow
GDDFF
Goodfood Market
Boost Price Target$10.00$11.00 ➝ $14.00OutperformLow
Gran Tierra Energy logo
GTE
Gran Tierra Energy
Boost Price Target$1.00$0.55 ➝ $0.65UnderperformN/A
Imperial Oil logo
IMO
Imperial Oil
Boost Price Target$22.00$22.00 ➝ $32.00Sector PerformN/A
IPCFF
International Petroleum
Boost Price Target$2.00$3.50 ➝ $4.00Sector PerformLow
Linamar logo
LIMAF
Linamar
Boost Price Target$57.00$75.00 ➝ $80.00OutperformLow
KELTF
Kelt Exploration
Boost Price Target$2.00$2.75 ➝ $3.00OutperformHigh
MEG Energy logo
MEGEF
MEG Energy
Boost Price Target$4.00$4.50 ➝ $6.00Sector PerformLow
Mullen Group logo
MLLGF
Mullen Group
Boost Price Target$9.00$13.00 ➝ $14.00OutperformN/A
NUVSF
NuVista Energy
Boost Price Target$1.00$1.20 ➝ $1.50Sector PerformHigh
Paramount Resources logo
PRMRF
Paramount Resources
Boost Price Target$5.00$3.50 ➝ $4.50UnderperformLow
PARXF
Parex Resources
Boost Price Target$17.00$24.00 ➝ $26.00OutperformLow
PEYUF
Peyto Exploration & Development
Boost Price Target$3.00$4.50 ➝ $5.50Sector PerformHigh
SVRGF
Seven Generations Energy
Boost Price Target$6.00$9.00 ➝ $11.00OutperformLow
DALXF
Spartan Delta
Boost Price Target$3.00$5.00 ➝ $7.00OutperformN/A
Suncor Energy logo
SU
Suncor Energy
Boost Price Target$19.00$27.00 ➝ $30.00OutperformMedium
Tourmaline Oil logo
TRMLF
Tourmaline Oil
Boost Price Target$17.00$32.00 ➝ $35.00OutperformLow
Vermilion Energy logo
VET
Vermilion Energy
Boost Price Target$5.00$8.00 ➝ $8.50Sector PerformLow
Canadian Western Bank logo
CBWBF
Canadian Western Bank
Boost Price Target$24.00$33.00 ➝ $34.00Sector PerformLow
Bank of Montreal (BMO.TO) logo
BMO
Bank of Montreal (BMO.TO)
Lower Price TargetC$99.00C$106.00 ➝ C$104.00N/A
Canadian Western Bank (CWB.TO) logo
CWB
Canadian Western Bank (CWB.TO)
Boost Price TargetC$31.00C$33.00 ➝ C$34.00N/A
Laurentian Bank of Canada (LB.TO) logo
LB
Laurentian Bank of Canada (LB.TO)
Boost Price TargetC$32.00C$33.00 ➝ C$34.00N/A
Ritchie Bros. Auctioneers logo
RBA
Ritchie Bros. Auctioneers
Downgrade$62.00Sector Outperform ➝ Sector PerformLow
NFI Group Inc. (NFI.TO) logo
NFI
NFI Group Inc. (NFI.TO)
Boost Price TargetC$32.00C$23.00 ➝ C$34.00N/A
NFYEF
NFI Group
Boost Price Target$25.00$23.00 ➝ $34.00OutperformLow
CPPMF
Copper Mountain Mining
Upgrade$2.00Sector Perform ➝ OutperformHigh
Taseko Mines logo
TGB
Taseko Mines
Upgrade$1.00Underperform ➝ Sector PerformN/A
ATUSF
Altius Minerals
Boost Price Target$11.00$12.50 ➝ $16.00Sector PerformLow
ANFGF
Antofagasta
Reiterated Rating$21.00Sector PerformLow
Cameco logo
CCJ
Cameco
Boost Price Target$13.00$19.00 ➝ $22.00OutperformLow
CAGDF
Centerra Gold
Boost Price Target$12.00$18.00 ➝ $20.00OutperformLow
CHPRF
Champion Iron
Boost Price Target$4.00$5.00 ➝ $6.50OutperformLow
ERRPF
Ero Copper
Boost Price Target$17.00$21.50 ➝ $24.00Sector PerformLow
First Quantum Minerals logo
FQVLF
First Quantum Minerals
Boost Price Target$20.00$19.50 ➝ $30.00OutperformLow
Hudbay Minerals logo
HBM
Hudbay Minerals
Boost Price Target$7.00$8.25 ➝ $12.00OutperformLow
Labrador Iron Ore Royalty Co. (LIF.TO) logo
LIF
Labrador Iron Ore Royalty Co. (LIF.TO)
Boost Price TargetC$33.00C$36.00 ➝ C$40.00OutperformHigh
Lundin Mining logo
LUNMF
Lundin Mining
Boost Price Target$9.00$9.50 ➝ $14.00OutperformLow
MGDPF
Marathon Gold
Boost Price Target$3.00$2.75 ➝ $3.25OutperformLow
NEVDF
Nevada Copper
Boost Price Target$0.00$0.20 ➝ $0.25Sector PerformHigh
ORLA
Orla Mining
Boost Price Target$5.00$6.50 ➝ $7.25OutperformN/A
Osisko Gold Royalties logo
OR
Osisko Gold Royalties
Boost Price Target$12.00$24.00 ➝ $25.00OutperformLow
PIRGF
Premier Gold Mines
Boost Price Target$2.00$3.00 ➝ $3.75Low
SHERF
Sherritt International
Boost Price Target$0.00$0.20 ➝ $0.40UnderperformLow
SSR Mining logo
SSRM
SSR Mining
Lower Price Target$18.00$39.50 ➝ $38.50OutperformLow
Teck Resources logo
TECK
Teck Resources
Boost Price Target$19.00$25.00 ➝ $30.00OutperformLow
TNMCF
Titan Mining
Boost Price Target$1.00$0.60 ➝ $1.00Sector PerformLow
TORXF
Torex Gold Resources
Lower Price Target$14.00$34.00 ➝ $30.00OutperformMedium
Centerra Gold Inc. (CG.TO) logo
CG
Centerra Gold Inc. (CG.TO)
Boost Price TargetC$14.00C$18.00 ➝ C$20.00N/A
Dundee Precious Metals Inc. (DPM.TO) logo
DPM
Dundee Precious Metals Inc. (DPM.TO)
Boost Price TargetC$9.00C$11.50 ➝ C$13.00N/A
DND
Dye & Durham Limited (DND.TO)
Set Price TargetC$43.00 C$52.00Sector PerformN/A
Equinox Gold logo
EQX
Equinox Gold
Lower Price TargetC$8.00C$19.25 ➝ C$18.25N/A
GAU
Galiano Gold Inc. (GAU.TO)
Lower Price TargetC$1.00C$2.50 ➝ C$2.25N/A
Golden Star Resources Ltd. (GSC.TO) logo
GSC
Golden Star Resources Ltd. (GSC.TO)
Boost Price TargetC$5.00C$5.00 ➝ C$5.25N/A
MOZ
Marathon Gold Co. (MOZ.TO)
Boost Price TargetC$3.00C$2.75 ➝ C$3.25N/A
New Gold Inc. (NGD.TO) logo
NGD
New Gold Inc. (NGD.TO)
Boost Price TargetC$3.00C$2.50 ➝ C$2.75N/A
OLA
Orla Mining Ltd. (OLA.V)
Boost Price TargetC$1.00C$6.50 ➝ C$7.25N/A
Osisko Gold Royalties Ltd (OR.TO) logo
OR
Osisko Gold Royalties Ltd (OR.TO)
Boost Price TargetC$15.00C$24.00 ➝ C$25.00N/A
Premier Gold Mines Limited (PG.TO) logo
PG
Premier Gold Mines Limited (PG.TO)
Boost Price TargetC$3.00C$3.00 ➝ C$3.75N/A
Sandstorm Gold Ltd. (SSL.TO) logo
SSL
Sandstorm Gold Ltd. (SSL.TO)
Boost Price TargetC$9.00C$10.00 ➝ C$10.50N/A
SSR Mining Inc. (SSRM.TO) logo
SSRM
SSR Mining Inc. (SSRM.TO)
Lower Price TargetC$23.00C$39.50 ➝ C$38.50N/A
Torex Gold Resources Inc. (TXG.TO) logo
TXG
Torex Gold Resources Inc. (TXG.TO)
Lower Price TargetC$18.00C$34.00 ➝ C$30.00N/A
TREVF
Trevali Mining
Boost Price Target$0.00$0.10 ➝ $0.25UnderperformHigh