Desjardins Stock Recommendations and Price Targets

This is a list of recent ratings by Desjardins.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
3/27/2025	AGF.B AGF Management	Boost Price Target	C$10.00	C$13.00 ➝ C$13.50	Buy	N/A
3/24/2025	DNTL dentalcorp	Boost Price Target	C$8.00	C$12.00 ➝ C$12.75	Buy	N/A
3/24/2025	PBH Premium Brands	Lower Price Target	C$78.00	C$95.00 ➝ C$93.00	Buy	N/A
3/20/2025	APM Andean Precious Metals	Lower Price Target	C$1.00	C$2.10 ➝ C$2.00	Buy	N/A
3/20/2025	WDO Wesdome Gold Mines	Boost Price Target	C$17.00	C$17.50 ➝ C$18.00	Buy	N/A
3/20/2025	ATD Alimentation Couche-Tard	Lower Price Target	C$70.00	C$84.00 ➝ C$82.00	Buy	N/A
3/20/2025	BYD Boyd Group Services	Lower Price Target	C$207.00	C$270.00 ➝ C$255.00	Buy	N/A
3/19/2025	PNE Pine Cliff Energy	Lower Price Target	C$1.00	C$1.10 ➝ C$0.95	Buy ➝ Outperform	N/A
3/19/2025	TVE Tamarack Valley Energy	Downgrade	C$4.00	C$6.00 ➝ C$5.25	Buy ➝ Hold	N/A
3/19/2025	HWX Headwater Exploration	Downgrade	C$6.00	C$8.25 ➝ C$7.25	Buy ➝ Hold	N/A
3/19/2025	WCP Whitecap Resources	Set Price Target	C$9.00	C$12.00	Buy	N/A
3/19/2025	VET Vermilion Energy	Downgrade	C$12.00	C$19.00 ➝ C$14.00	Buy ➝ Hold	N/A
3/19/2025	NVA NuVista Energy	Downgrade	C$14.00	C$17.00 ➝ C$16.25	Buy ➝ Hold	N/A
3/19/2025	OLA Orla Mining	Boost Price Target	C$13.00	C$12.00 ➝ C$13.00	Buy	N/A
3/19/2025	TPZ Topaz Energy	Lower Price Target	C$24.00	C$32.00 ➝ C$29.50	Buy	N/A
3/19/2025	MEG MEG Energy	Downgrade	C$25.00	C$29.00 ➝ C$26.50	Buy ➝ Hold	N/A
3/19/2025	ANCTF Alimentation Couche-Tard	Upgrade	$49.00		Hold ➝ Moderate Buy	Low
3/19/2025	SU Suncor Energy	Lower Price Target	C$55.00	C$68.50 ➝ C$65.00	Buy	N/A
3/19/2025	TOU Tourmaline Oil	Downgrade	C$68.00	C$80.00 ➝ C$74.00	Buy ➝ Hold	N/A
3/18/2025	PNE Pine Cliff Energy	Downgrade	C$1.00		Moderate Buy ➝ Hold	N/A
3/18/2025	TRZ Transat A.T.	Lower Price Target	C$1.00	C$2.25 ➝ C$2.00		N/A
3/18/2025	VET Vermilion Energy	Downgrade	$8.00		Moderate Buy ➝ Hold	High
3/18/2025	TRMLF Tourmaline Oil	Downgrade	$48.00		Moderate Buy ➝ Hold	High
3/18/2025	TVK TerraVest Industries	Boost Price Target	C$140.00	C$125.00 ➝ C$150.00	Buy	N/A
3/14/2025	FRU Freehold Royalties	Boost Price Target	C$13.00	C$16.50 ➝ C$17.00	Buy	N/A
3/14/2025	MHC.UN Flagship Communities Real Estate Investment Trust	Boost Price Target	C$25.00	C$19.50 ➝ C$20.50	Buy	N/A
3/13/2025	PEY Peyto Exploration & Development	Boost Price Target	C$18.00	C$16.50 ➝ C$17.00	Hold	N/A
3/11/2025	SPGYF Whitecap Resources	Reiterated Rating	$7.00		Buy ➝ Buy	Low
3/11/2025	NXR.UN Nexus Industrial REIT	Lower Price Target	C$7.00	C$9.50 ➝ C$8.75	Buy	N/A
3/11/2025	WCP Whitecap Resources	Lower Price Target	C$9.00	C$13.00 ➝ C$12.00	Buy	N/A
3/11/2025	VRN Veren	Downgrade	C$10.00	C$11.00 ➝ C$12.60	Buy ➝ Tender	N/A
3/7/2025	CTS Converge Technology Solutions	Downgrade	C$5.00	C$5.00 ➝ C$5.50	Buy ➝ Tender	N/A
3/7/2025	APR.UN Automotive Properties Real Est Invt TR	Lower Price Target	C$10.00	C$13.00 ➝ C$12.00	Buy	N/A
3/7/2025	MI.UN Minto Apartment Real Estate Invt Trust	Lower Price Target	C$13.00	C$16.50 ➝ C$15.50	Buy	N/A
3/7/2025	SIS Savaria	Lower Price Target	C$16.00	C$27.00 ➝ C$25.00	Buy	N/A
3/7/2025	ARE Aecon Group	Lower Price Target	C$17.00	C$32.00 ➝ C$29.00	Buy	N/A
3/7/2025	AFN Ag Growth International	Lower Price Target	C$35.00	C$57.00 ➝ C$49.00	Buy	N/A
3/6/2025	KPT KP Tissue	Lower Price Target	C$8.00	C$10.00 ➝ C$8.50	Hold	N/A
3/6/2025	GDI GDI Integrated Facility Services	Lower Price Target	C$33.00	C$50.00 ➝ C$48.00	Buy	N/A
3/4/2025	POW Power Co. of Canada	Boost Price Target	C$51.00	C$49.00 ➝ C$53.00	Buy	N/A
2/27/2025	FSZ Fiera Capital	Lower Price Target	C$6.00	C$9.00 ➝ C$7.25	Hold	N/A
2/27/2025	EQB EQB	Lower Price Target	C$97.00	C$130.00 ➝ C$126.00	Buy	N/A
2/27/2025	NA National Bank of Canada	Lower Price Target	C$119.00	C$140.00 ➝ C$136.00	Hold	N/A
2/27/2025	WN George Weston	Lower Price Target	C$240.00	C$255.00 ➝ C$251.00	Buy	N/A
2/26/2025	DIV Diversified Royalty	Set Price Target	C$3.00	C$3.75	Buy	N/A
2/26/2025	INE Innergex Renewable Energy	Downgrade	C$14.00	C$14.50 ➝ C$13.75	Buy ➝ Tender	N/A
2/26/2025	ATZ Aritzia	Set Price Target	C$51.00	C$82.00	Buy	N/A
2/26/2025	STN Stantec	Boost Price Target	C$117.00	C$138.00 ➝ C$148.00	Buy	N/A
2/26/2025	BMO Bank of Montreal	Boost Price Target	C$136.00	C$147.00 ➝ C$155.00	Hold	N/A
2/25/2025	DIV Diversified Royalty	Upgrade	C$3.00		Moderate Buy	N/A
2/25/2025	SGD Snowline Gold	Set Price Target	C$9.00	C$11.00	Buy	N/A
2/25/2025	D.UN Dream Office Real Estate Investment Trst	Lower Price Target	C$18.00	C$21.00 ➝ C$19.50	Hold	N/A
2/25/2025	ATZ Aritzia	Upgrade	C$51.00		Moderate Buy	N/A
2/24/2025	SGD Snowline Gold	Upgrade	C$9.00		Moderate Buy	N/A
2/20/2025	REI.UN RioCan Real Estate Investment Trust	Lower Price Target	C$17.00	C$23.00 ➝ C$22.00	Buy	N/A
2/20/2025	GIL Gildan Activewear	Boost Price Target	C$64.00	C$82.00 ➝ C$87.00	Buy	N/A
2/20/2025	IAG iA Financial	Boost Price Target	C$137.00	C$140.00 ➝ C$145.00	Hold	N/A
2/20/2025	GCL Colabor Group	Boost Price Target	C$1.00	C$1.85 ➝ C$2.00	Buy	N/A
2/13/2025	CGAU Centerra Gold	Downgrade	$6.00		Moderate Buy ➝ Hold	N/A
2/13/2025	CG Centerra Gold	Downgrade	C$9.00	C$12.75 ➝ C$11.00	Buy ➝ Hold	N/A
2/13/2025	OLA Orla Mining	Boost Price Target	C$13.00	C$10.00 ➝ C$12.00	Buy	N/A
2/13/2025	AYA Aya Gold & Silver	Lower Price Target	C$11.00	C$24.00 ➝ C$23.00	Buy	N/A
2/13/2025	WDO Wesdome Gold Mines	Upgrade	C$17.00	C$15.00 ➝ C$17.50	Hold ➝ Buy	N/A
2/13/2025	LUG Lundin Gold	Boost Price Target	C$43.00	C$38.00 ➝ C$42.00	Buy	N/A
2/13/2025	IFC Intact Financial	Boost Price Target	C$286.00	C$295.00 ➝ C$315.00	Buy	N/A
2/12/2025	PNG Kraken Robotics	Set Price Target	C$2.00	C$3.60	Buy	N/A
2/12/2025	CRT.UN CT Real Estate Investment Trust	Lower Price Target	C$14.00	C$16.00 ➝ C$15.50	Hold	N/A
2/11/2025	PNG Kraken Robotics	Upgrade	C$2.00		Moderate Buy	N/A
2/11/2025	ANCTF Alimentation Couche-Tard	Downgrade	$49.00		Moderate Buy ➝ Hold	Medium
2/11/2025	ATD Alimentation Couche-Tard	Lower Price Target	C$70.00	C$87.00 ➝ C$84.00	Moderate Buy ➝ Hold	N/A
2/11/2025	EQB EQB	Set Price Target	C$97.00	C$130.00	Buy	N/A
2/10/2025	SAP Saputo	Lower Price Target	C$25.00	C$34.00 ➝ C$31.00	Buy	N/A
2/10/2025	EQB EQB	Upgrade	C$97.00		Moderate Buy	N/A
2/7/2025	GWO Great-West Lifeco	Boost Price Target	C$55.00	C$49.00 ➝ C$53.00	Hold	N/A
2/7/2025	BBD.B Bombardier, Inc. Class B	Lower Price Target	C$80.00	C$145.00 ➝ C$142.00	Buy	N/A
2/4/2025	MNARF Morguard North American Residential Real Estate Investment Trust	Initiated Coverage	$12.00		Buy	Low
1/30/2025	FOOD Goodfood Market	Lower Price Target	C$0.00	C$0.65 ➝ C$0.60	Hold	N/A
1/30/2025	GIP Green Impact Partners	Set Price Target	C$5.00	C$9.00	Buy	N/A
1/30/2025	PLZ.UN Plaza Retail REIT	Set Price Target	C$4.00	C$4.25	Buy	N/A
1/30/2025	SDE Spartan Delta	Upgrade	C$3.00		Moderate Buy	N/A
1/30/2025	CPX Capital Power	Boost Price Target	C$49.00	C$66.00 ➝ C$69.00	Buy	N/A
1/30/2025	CP Canadian Pacific Kansas City	Boost Price Target	C$99.00	C$133.00 ➝ C$134.00	Buy	N/A
1/30/2025	GIB.A CGI	Boost Price Target	C$141.00	C$178.00 ➝ C$190.00	Buy	N/A
1/29/2025	GIP Green Impact Partners	Upgrade	C$5.00		Moderate Buy	N/A
1/28/2025	MEG MEG Energy	Upgrade	C$25.00		Hold ➝ Moderate Buy	N/A
1/16/2025	AGF.B AGF Management	Boost Price Target	C$10.00	C$12.50 ➝ C$13.00	Buy	N/A
12/30/2024	CAE CAE	Upgrade	C$35.00	C$32.00 ➝ C$40.00	Hold ➝ Buy	N/A
12/24/2024	CAE CAE	Upgrade	C$35.00	C$32.00 ➝ C$40.00	Hold ➝ Buy	N/A
12/23/2024	CAE CAE	Upgrade	$24.00		Hold ➝ Buy	N/A
12/18/2024	TA TransAlta	Boost Price Target	C$14.00	C$15.50 ➝ C$16.00	Hold	N/A
12/18/2024	CPX Capital Power	Boost Price Target	C$49.00	C$60.00 ➝ C$64.00	Buy	N/A
12/15/2024	EMP.A Empire	Boost Price Target	C$47.00	C$47.00 ➝ C$50.00		N/A
12/12/2024	DNTL dentalcorp	Set Price Target	C$8.00	C$12.00	Buy	N/A
12/9/2024	TFII TFI International	Upgrade	C$110.00	C$204.00 ➝ C$236.00	Hold ➝ Buy	N/A
12/9/2024	EMP.A Empire	Boost Price Target	C$47.00	C$44.00 ➝ C$47.00	Buy	N/A
12/9/2024	TFII TFI International	Upgrade	$77.00		Hold ➝ Buy	N/A
12/9/2024	TLG Troilus Gold	Upgrade	C$0.00		Moderate Buy	N/A
12/9/2024	PRB Probe Gold	Upgrade	C$2.00		Moderate Buy	N/A
12/6/2024	TD Toronto-Dominion Bank	Downgrade	$60.00		Buy ➝ Hold	N/A
12/5/2024	TD Toronto-Dominion Bank	Downgrade	C$86.00		Moderate Buy ➝ Hold	N/A