National Bank Financial Stock Recommendations and Price Targets

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

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
11/13/2024
ACQ
AutoCanada
UpgradeC$19.00Hold ➝ Strong-BuyN/A
11/8/2024
NVA
NuVista Energy
UpgradeC$13.00Hold ➝ Strong-BuyN/A
11/8/2024
HL
Hecla Mining
Downgrade$6.00Strong-Buy ➝ HoldN/A
11/8/2024
ECN
ECN Capital
UpgradeC$3.00Hold ➝ Strong-BuyN/A
11/5/2024
CIGI
Colliers International Group
Upgrade$142.00Hold ➝ Strong-BuyN/A
10/24/2024
CTS
Converge Technology Solutions
DowngradeC$3.00Strong-Buy ➝ HoldN/A
10/24/2024
IAG
iA Financial
DowngradeC$133.00Strong-Buy ➝ HoldN/A
10/22/2024
EMX
EMX Royalty
Initiated Coverage$2.00OutperformN/A
10/22/2024
MTA
Metalla Royalty & Streaming
Initiated Coverage$3.00OutperformN/A
10/21/2024
TIH
Toromont Industries
DowngradeC$116.00Strong-Buy ➝ HoldN/A
10/21/2024
ELE
Elemental Altus Royalties
UpgradeC$1.00HoldN/A
10/21/2024
EMX
EMX Royalty
UpgradeC$2.00Strong-BuyN/A
10/21/2024
MTA
Metalla Royalty & Streaming
UpgradeC$4.00Strong-BuyN/A
10/17/2024
LAC
Lithium Americas
Upgrade$4.00Sector Perform ➝ OutperformHigh
10/16/2024
LAC
Lithium Americas
UpgradeC$5.00Hold ➝ Strong-BuyN/A
10/10/2024
IAG
IAMGOLD
Upgrade$6.00Sector Perform ➝ OutperformHigh
10/10/2024
WPM
Wheaton Precious Metals
Upgrade$63.00Sector Perform ➝ OutperformHigh
10/10/2024
BBD.B
Bombardier, Inc. Class B
Boost Price TargetC$96.00 C$128.00OutperformN/A
10/9/2024
IAUX
i-80 Gold
Downgrade$1.00Strong-Buy ➝ HoldN/A
10/9/2024
CXB
Calibre Mining
UpgradeC$2.00Hold ➝ Strong-BuyN/A
10/9/2024
IAU
i-80 Gold
DowngradeC$1.00Strong-Buy ➝ HoldN/A
10/9/2024
IMG
IAMGOLD
UpgradeC$8.00Hold ➝ Strong-BuyN/A
10/9/2024
TXG
Torex Gold Resources
UpgradeC$30.00Hold ➝ Strong-BuyN/A
10/9/2024
WPM
Wheaton Precious Metals
UpgradeC$88.00Hold ➝ Strong-BuyN/A
10/8/2024
AAVVF
Advantage Energy
Downgrade$7.00Strong-Buy ➝ HoldLow
10/8/2024
AAV
Advantage Energy
DowngradeC$9.00Strong-Buy ➝ HoldN/A
10/3/2024
LGN
Logan Energy
UpgradeC$1.00Strong-BuyN/A
9/30/2024
BCE
BCE
Downgrade$27.00Strong-Buy ➝ HoldMedium
9/30/2024
BCE
BCE
DowngradeC$38.00Strong-Buy ➝ HoldN/A
9/30/2024
WRN
Western Copper and Gold
UpgradeC$2.00Strong-BuyN/A
9/30/2024
WRN
Western Copper & Gold
Upgrade$1.00Strong-BuyLow
9/27/2024
AAV
Advantage Energy
Set Price TargetC$9.00 C$11.50SellN/A
9/26/2024
WJX
Wajax
UpgradeC$21.00HoldN/A
9/25/2024
WPK
Winpak
UpgradeC$49.00Strong-BuyN/A
9/25/2024
DSGX
The Descartes Systems Group
Upgrade$114.00Strong-BuyLow
9/25/2024
DSG
The Descartes Systems Group
UpgradeC$160.00Strong-BuyN/A
9/9/2024
TRI
Thomson Reuters
Upgrade$161.00Sector Perform ➝ OutperformMedium
9/8/2024
AGI
Alamos Gold
Downgrade$19.00Strong-Buy ➝ HoldHigh
9/8/2024
AGI
Alamos Gold
DowngradeC$26.00Strong-Buy ➝ HoldN/A
9/8/2024
TRI
Thomson Reuters
UpgradeC$225.00Hold ➝ Strong-BuyN/A
9/6/2024
PPTA
Perpetua Resources
Initiated Coverage$10.00OutperformLow
9/3/2024
CCJ
Cameco
Upgrade$58.00Strong-BuyLow
9/3/2024
DNN
Denison Mines
Upgrade$2.00Strong-BuyN/A
9/3/2024
NXE
NexGen Energy
Upgrade$8.00Strong-BuyLow
9/3/2024
CCO
Cameco
UpgradeC$81.00Strong-BuyN/A
9/3/2024
DML
Denison Mines
UpgradeC$3.00Strong-BuyN/A
9/3/2024
NXE
NexGen Energy
UpgradeC$12.00Strong-BuyN/A
8/22/2024
TD
Toronto-Dominion Bank
Upgrade$56.00Underperform ➝ Sector PerformLow
8/22/2024
TD
Toronto-Dominion Bank
UpgradeC$78.00Strong Sell ➝ HoldN/A
8/21/2024
DOOO
BRP
Downgrade$48.00Outperform ➝ Sector PerformLow
8/20/2024
DOO
BRP
DowngradeC$67.00Strong-Buy ➝ HoldN/A
8/18/2024
TWM
Tidewater Midstream and Infrastructure
DowngradeC$0.00Hold ➝ Strong SellN/A
8/15/2024
EXROF
Exro Technologies
Downgrade$0.00Strong-Buy ➝ HoldLow
8/12/2024
AQN
Algonquin Power & Utilities
Upgrade$5.00Hold ➝ Strong-BuyLow
8/12/2024
AQN
Algonquin Power & Utilities
UpgradeC$7.00Hold ➝ Strong-BuyN/A
8/2/2024
OTEX
Open Text
Downgrade$29.00Outperform ➝ Sector PerformLow
7/28/2024
ARE
Aecon Group
UpgradeC$29.00Hold ➝ Strong-BuyN/A
7/28/2024
FSZ
Fiera Capital
DowngradeC$10.00Hold ➝ Strong SellN/A
7/26/2024
TFII
TFI International
Downgrade$144.00Strong-Buy ➝ HoldLow
7/24/2024
NG
NovaGold Resources
Downgrade$4.00Strong-Buy ➝ HoldN/A
7/24/2024
NG
NovaGold Resources
DowngradeC$5.00Strong-Buy ➝ HoldN/A
7/22/2024
SIA
Sienna Senior Living
UpgradeC$17.00Strong-BuyN/A
7/22/2024
MAU
Montage Gold
UpgradeC$2.00Strong-BuyN/A
7/17/2024
SVI
StorageVault Canada
UpgradeC$4.00Hold ➝ Strong-BuyN/A
7/16/2024
SPB
Superior Plus
DowngradeC$6.00Strong-Buy ➝ HoldN/A
7/14/2024
TVK
TerraVest Industries
UpgradeC$121.00Strong-BuyN/A
7/7/2024
LUG
Lundin Gold
UpgradeC$32.00Hold ➝ Strong-BuyN/A
6/27/2024
CNI
Canadian National Railway
Upgrade$107.00Sector Perform ➝ OutperformLow
6/26/2024
CNR
Canadian National Railway
UpgradeC$149.00Hold ➝ Strong-BuyN/A
6/13/2024
CJT
Cargojet
UpgradeC$123.00Hold ➝ Strong-BuyN/A
6/10/2024
SLS
Solaris Resources
UpgradeC$6.00Strong-BuyN/A
6/6/2024
LI
American Lithium
UpgradeC$1.00Strong-BuyN/A
6/5/2024
AMLI
American Lithium
Upgrade$1.00Strong-BuyLow
6/5/2024
LAAC
Lithium Americas (Argentina)
Upgrade$3.00HoldLow
6/5/2024
LAC
Lithium Americas
Upgrade$4.00HoldLow
6/5/2024
LAC
Lithium Americas
UpgradeC$5.00HoldN/A
6/2/2024
EFXT
Enerflex
Downgrade$9.00Strong-Buy ➝ HoldLow
6/2/2024
EFX
Enerflex
DowngradeC$13.00Strong-Buy ➝ HoldN/A
5/23/2024
TD
Toronto-Dominion Bank
Downgrade$56.00Sector Perform ➝ UnderperformLow
5/23/2024
TD
Toronto-Dominion Bank
DowngradeC$78.00Hold ➝ Strong SellN/A
5/17/2024
NGD
New Gold
Upgrade$3.00Hold ➝ Strong-BuyLow
5/17/2024
NGD
New Gold
UpgradeC$4.00Hold ➝ Strong-BuyN/A
5/15/2024
BYD
Boyd Group Services
UpgradeC$221.00Hold ➝ Strong-BuyN/A
5/15/2024
KNT
K92 Mining
DowngradeC$9.00Strong-Buy ➝ HoldN/A
5/14/2024
HBM
Hudbay Minerals
Upgrade$9.00Hold ➝ Strong-BuyLow
5/14/2024
HBM
Hudbay Minerals
UpgradeC$13.00Hold ➝ Strong-BuyN/A
5/10/2024
PVT
Pivotree
DowngradeC$1.00Strong-Buy ➝ HoldN/A
5/9/2024
ATH
Athabasca Oil
UpgradeC$5.00Hold ➝ Strong-BuyN/A
5/9/2024
MFC
Manulife Financial
Upgrade$32.00Sector Perform ➝ OutperformLow
5/8/2024
LEV
Lion Electric
Downgrade$0.00Sec Perform Spec Market Wgt ➝ Underperform Spec Market WgtLow
5/8/2024
LEV
Lion Electric
DowngradeC$0.00Sec Perform Spec Market Wgt ➝ Underperform Spec Market WgtN/A
5/8/2024
MFC
Manulife Financial
UpgradeC$45.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
5/8/2024
TOY
Spin Master
DowngradeC$31.00Outperfrom Under Weight ➝ Sector Perform Under WeightN/A
4/30/2024
NEM
Newmont
Downgrade$43.00Outperform Overweight ➝ Sector Perform OverweightLow
4/30/2024
NGT
Newmont
DowngradeC$60.00Outperform Overweight ➝ Sector Perform OverweightN/A
4/28/2024
SGD
Snowline Gold
Reiterated RatingC$5.00Outperform Spec OverweightN/A
4/26/2024
EQX
Equinox Gold
Upgrade$5.00Sector Perform Spec Overwgt ➝ Outperform OverweightN/A
4/26/2024
EQX
Equinox Gold
UpgradeC$8.00Sector Perform Spec Overwgt ➝ Outperform OverweightN/A
4/26/2024
TFII
TFI International
Upgrade$144.00Sector Perform Under Weight ➝ Outperfrom Under WeightLow
4/23/2024
TRI
Thomson Reuters
Upgrade$161.00Underperform ➝ Sector PerformLow