Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
5/6/2024
AND
Andlauer Healthcare Group
Lower Price TargetC$41.00C$47.50 ➝ C$46.00OutperformN/A
5/6/2024
AX.UN
Artis Real Estate Investment Trust Unit
Boost Price TargetC$6.00C$6.50 ➝ C$7.00N/A
5/6/2024
ACQ
AutoCanada
Lower Price TargetC$21.00C$28.00 ➝ C$25.50OutperformN/A
5/6/2024
BDGI
Badger Infrastructure Solutions
Lower Price TargetC$44.00C$52.00 ➝ C$48.50Sector PerformN/A
5/6/2024
BEP
Brookfield Renewable Partners
Boost Price Target$26.00$30.00 ➝ $31.00Sector Outperform ➝ OutperformLow
5/6/2024
CS
Capstone Copper
Boost Price TargetC$10.00C$10.00 ➝ C$11.00OutperformN/A
5/6/2024
ERE.UN
European Residential Real Estate Investment Trust
DowngradeC$2.00C$3.50 ➝ C$3.00Outperform ➝ Sector PerformN/A
5/6/2024
FFH
Fairfax Financial
Lower Price TargetC$1,562.00C$2,000.00 ➝ C$1,950.00OutperformN/A
5/6/2024
WN
George Weston
Boost Price TargetC$187.00C$200.00 ➝ C$212.00Sector PerformN/A
5/6/2024
MGA
Magna International
Lower Price Target$47.00$59.00 ➝ $55.00Sector PerformLow
5/6/2024
WTE
Westshore Terminals Investment
Lower Price TargetC$24.00C$27.00 ➝ C$24.50N/A
5/6/2024
MOS
Mosaic
Lower Price Target$30.00$40.00 ➝ $38.00Sector Outperform ➝ Sector OutperformLow
5/6/2024
TWST
Twist Bioscience
Boost Price Target$43.00$43.00 ➝ $48.00Sector Outperform ➝ Sector OutperformLow
5/6/2024
ILMN
Illumina
Lower Price Target$113.00$185.00 ➝ $176.00Sector Outperform ➝ Sector OutperformLow
5/6/2024
CF
CF Industries
Lower Price Target$75.00$86.00 ➝ $80.00Sector Perform ➝ Sector PerformLow
5/6/2024
ALB
Albemarle
Lower Price Target$132.00$160.00 ➝ $150.00Sector Outperform ➝ Sector OutperformLow
5/6/2024
PRFT
Perficient
Boost Price Target$73.00$50.00 ➝ $76.00Sector Perform ➝ Sector PerformLow
5/3/2024
OTEX
Open Text
Reiterated Rating$30.00Sector Outperform ➝ Sector PerformLow
5/3/2024
ALA
AltaGas
Boost Price TargetC$30.00C$33.00 ➝ C$35.00OutperformN/A
5/3/2024
BCE
BCE
Lower Price TargetC$46.00C$53.25 ➝ C$53.00Sector PerformN/A
5/3/2024
MFI
Maple Leaf Foods
Lower Price TargetC$24.00C$33.50 ➝ C$31.50OutperformN/A
5/3/2024
MRE
Martinrea International
Lower Price TargetC$12.00C$15.00 ➝ C$14.50N/A
5/3/2024
TRI
Thomson Reuters
Boost Price Target$167.00$159.00 ➝ $164.00Sector Perform ➝ Sector PerformLow
5/3/2024
TIH
Toromont Industries
Lower Price TargetC$123.00C$133.00 ➝ C$125.00Sector PerformN/A
5/3/2024
WJX
Wajax
Lower Price TargetC$27.00C$37.00 ➝ C$35.00OutperformN/A
5/3/2024
FTNT
Fortinet
Lower Price Target$59.00$90.00 ➝ $80.00Sector Outperform ➝ Sector OutperformLow
5/2/2024
AP.UN
Allied Properties Real Estate Investment
Lower Price TargetC$17.00C$21.75 ➝ C$21.25OutperformN/A
5/2/2024
BBD.B
Bombardier, Inc. Class B
Boost Price TargetC$74.00C$83.00 ➝ C$90.00OutperformN/A
5/2/2024
CPX
Capital Power
Lower Price TargetC$36.00C$45.00 ➝ C$40.00Sector PerformN/A
5/2/2024
DPM
Dundee Precious Metals
Boost Price TargetC$11.00C$13.25 ➝ C$14.00N/A
5/2/2024
L
Loblaw Companies
Boost Price TargetC$154.00C$148.27 ➝ C$161.00Sector PerformN/A
5/2/2024
SHOP
Shopify
Boost Price Target$77.00$70.00 ➝ $80.00Sector PerformLow
5/2/2024
SGR.UN
Slate Grocery REIT
Lower Price TargetC$11.00C$9.50 ➝ C$9.00Sector PerformN/A
5/2/2024
STN
Stantec
Boost Price TargetC$116.00C$119.00 ➝ C$120.00Sector PerformN/A
5/1/2024
UDR
UDR
Downgrade$39.00$39.00 ➝ $39.00Sector Outperform ➝ Sector PerformLow
5/1/2024
AFN
Ag Growth International
Lower Price TargetC$50.00C$88.00 ➝ C$75.00OutperformN/A
5/1/2024
FN
First National Financial
Lower Price TargetC$36.00C$45.00 ➝ C$41.00OutperformN/A
5/1/2024
GEI
Gibson Energy
Boost Price TargetC$22.00C$25.00 ➝ C$26.00OutperformN/A
5/1/2024
IVN
Ivanhoe Mines
Boost Price TargetC$20.00C$18.00 ➝ C$19.00OutperformN/A
5/1/2024
BVN
Compañía de Minas Buenaventura S.A.A.
Boost Price Target$17.00$13.00 ➝ $15.00Sector Underperform ➝ Sector UnderperformLow
5/1/2024
AEP
American Electric Power
Boost Price Target$90.00$86.00 ➝ $90.00Sector Outperform ➝ Sector OutperformLow
5/1/2024
AMT
American Tower
Lower Price Target$181.00$243.00 ➝ $223.00Sector Outperform ➝ Sector OutperformLow
5/1/2024
RSG
Republic Services
Boost Price Target$189.00$211.00 ➝ $213.00Sector Perform ➝ Sector PerformLow
4/30/2024
AR
Antero Resources
Boost Price Target$34.00$36.00 ➝ $40.00Sector Perform ➝ Sector PerformLow
4/30/2024
CIX
CI Financial
Boost Price TargetC$17.00C$20.00 ➝ C$21.00Sector PerformN/A
4/30/2024
EFN
Element Fleet Management
UpgradeC$23.00 C$26.00Sector Perform ➝ OutperformN/A
4/30/2024
GSY
goeasy
Boost Price TargetC$185.00C$183.00 ➝ C$190.00Sector PerformN/A
4/30/2024
IGM
IGM Financial
Boost Price TargetC$38.00C$44.00 ➝ C$45.00Sector PerformN/A
4/30/2024
X
TMX Group
Boost Price TargetC$37.00C$38.00 ➝ C$39.00Sector PerformN/A
4/29/2024
EQX
Equinox Gold
Lower Price TargetC$8.00C$7.00 ➝ C$6.75Sector PerformN/A
4/29/2024
QSR
Restaurant Brands International
Boost Price Target$74.00$80.00 ➝ $81.00Sector Outperform ➝ OutperformLow
4/29/2024
TFII
TFI International
Lower Price TargetC$185.00C$235.00 ➝ C$230.00OutperformN/A
4/29/2024
PRFT
Perficient
Lower Price Target$73.00$65.00 ➝ $50.00Sector Perform ➝ Sector PerformLow
4/29/2024
GLOB
Globant
Lower Price Target$194.00$260.00 ➝ $230.00Sector Outperform ➝ Sector OutperformLow
4/29/2024
EPAM
EPAM Systems
Lower Price Target$250.00$350.00 ➝ $300.00Sector Outperform ➝ Sector OutperformLow
4/29/2024
CNXC
Concentrix
Lower Price Target$61.00$120.00 ➝ $85.00Sector Outperform ➝ Sector OutperformLow
4/29/2024
MEOH
Methanex
Boost Price Target$50.00$54.00 ➝ $58.00Sector Outperform ➝ Sector OutperformLow
4/29/2024
SPWR
SunPower
Lower Price Target$2.00$6.00 ➝ $4.00Sector Perform ➝ Sector PerformLow
4/29/2024
NXT
Nextracker
Lower Price Target$46.00$55.00 ➝ $50.00Sector Outperform ➝ Sector OutperformLow
4/29/2024
NOVA
Sunnova Energy International
Lower Price Target$4.00$20.00 ➝ $10.00Sector Outperform ➝ Sector OutperformLow
4/29/2024
ARRY
Array Technologies
Lower Price Target$13.00$25.00 ➝ $18.00Sector Outperform ➝ Sector OutperformN/A
4/29/2024
TIXT
TELUS International (Cda)
Lower Price Target$8.00$15.00 ➝ $13.00Sector Outperform ➝ Sector OutperformLow
4/26/2024
QLYS
Qualys
Initiated Coverage$166.00 $172.00Sector PerformLow
4/26/2024
RPD
Rapid7
Initiated Coverage$46.00 $46.00Sector PerformLow
4/26/2024
TENB
Tenable
Initiated Coverage$46.00 $47.00Sector PerformLow
4/26/2024
CMCSA
Comcast
Lower Price Target$38.00$50.00 ➝ $47.25Sector Perform ➝ Sector PerformLow
4/26/2024
DFY
Definity Financial
Boost Price TargetC$46.00C$49.00 ➝ C$51.00OutperformN/A
4/26/2024
FFH
Fairfax Financial
Boost Price TargetC$1,562.00C$1,900.00 ➝ C$2,000.00N/A
4/26/2024
IFC
Intact Financial
Boost Price TargetC$230.00C$256.00 ➝ C$261.00N/A
4/26/2024
MTL
Mullen Group
Lower Price TargetC$13.00C$20.00 ➝ C$19.00OutperformN/A
4/26/2024
SVI
StorageVault Canada
Lower Price TargetC$6.00C$6.50 ➝ C$6.25OutperformN/A
4/26/2024
TSU
Trisura Group
Boost Price TargetC$45.00C$56.00 ➝ C$59.00N/A
4/25/2024
HCP
HashiCorp
Reiterated Rating$33.00$31.00 ➝ $35.00Sector Outperform ➝ Sector PerformLow
4/25/2024
T
AT&T
Boost Price Target$17.00$22.00 ➝ $22.50Sector Outperform ➝ Sector OutperformLow
4/25/2024
BMRN
BioMarin Pharmaceutical
Boost Price Target$83.00$83.00 ➝ $85.00Sector Perform ➝ Sector PerformLow
4/25/2024
AMX
América Móvil
Boost Price Target$20.00$16.60 ➝ $17.20Sector Perform ➝ Sector PerformLow
4/25/2024
CP
Canadian Pacific Kansas City
Lower Price TargetC$112.00C$126.00 ➝ C$124.00Sector PerformN/A
4/25/2024
MHC.UN
Flagship Communities Real Estate Investment Trust
Lower Price TargetC$21.00C$21.50 ➝ C$20.00OutperformN/A
4/24/2024
FCX
Freeport-McMoRan
Lower Price Target$51.00$55.00 ➝ $53.00Sector Outperform ➝ Sector OutperformLow
4/24/2024
CAS
Cascades
Lower Price TargetC$10.00C$13.50 ➝ C$12.00Sector PerformN/A
4/24/2024
CIA
Champion Iron
Lower Price TargetC$7.00C$7.00 ➝ C$6.50Sector PerformN/A
4/24/2024
RBA
RB Global
Boost Price Target$72.00$88.00 ➝ $89.00Sector Outperform ➝ Sector OutperformLow
4/22/2024
AQN
Algonquin Power & Utilities
Lower Price Target$7.00$7.50 ➝ $6.50Sector Perform ➝ Sector PerformLow
4/22/2024
ACO.X
ATCO
Lower Price TargetC$39.00C$43.00 ➝ C$41.00OutperformN/A
4/22/2024
CU
Canadian Utilities
Lower Price TargetC$31.00C$35.00 ➝ C$33.00Sector PerformN/A
4/22/2024
EMA
Emera
Lower Price TargetC$48.00C$56.00 ➝ C$52.00OutperformN/A
4/22/2024
EMP.A
Empire
Lower Price TargetC$33.00C$37.00 ➝ C$36.00OutperformN/A
4/22/2024
FTS
Fortis
Lower Price TargetC$55.00C$60.00 ➝ C$56.00Sector PerformN/A
4/22/2024
H
Hydro One
Lower Price TargetC$40.00C$40.00 ➝ C$38.00Sector PerformN/A
4/22/2024
L
Loblaw Companies
Boost Price TargetC$154.00C$146.00 ➝ C$148.27Sector PerformN/A
4/22/2024
MRU
Metro
Lower Price TargetC$73.00C$74.50 ➝ C$74.00Sector PerformN/A
4/22/2024
ETR
Entergy
Lower Price Target$111.00$111.00 ➝ $104.00Sector Perform ➝ Sector PerformLow
4/22/2024
ES
Eversource Energy
Lower Price Target$61.00$61.00 ➝ $57.00Sector Perform ➝ Sector PerformLow
4/22/2024
ED
Consolidated Edison
Lower Price Target$97.00$91.00 ➝ $85.00Sector Underperform ➝ Sector UnderperformLow
4/22/2024
DUK
Duke Energy
Lower Price Target$102.00$101.00 ➝ $94.00Sector Perform ➝ Sector PerformLow
4/22/2024
DTE
DTE Energy
Lower Price Target$113.00$129.00 ➝ $120.00Sector Outperform ➝ Sector OutperformLow
4/22/2024
D
Dominion Energy
Lower Price Target$52.00$49.00 ➝ $48.00Sector Perform ➝ Sector PerformLow
4/22/2024
CNP
CenterPoint Energy
Lower Price Target$30.00$31.00 ➝ $29.00Sector Perform ➝ Sector PerformLow
4/22/2024
CMS
CMS Energy
Lower Price Target$62.00$67.00 ➝ $66.00Sector Outperform ➝ Sector OutperformLow
4/22/2024
BKH
Black Hills
Lower Price Target$57.00$58.00 ➝ $54.00Sector Perform ➝ Sector PerformLow