Desjardins Stock Recommendations and Price Targets

This is a list of recent ratings by Desjardins.

Date	Company Name	Action	Current Price	Price Target	Rating
12/12/2025	ATH Athabasca Oil	Lower Price Target	C$7.00	C$8.50 ➝ C$8.25	Hold
12/12/2025	BBD.B Bombardier, Inc. Class B	Boost Price Target	C$225.00	C$239.00 ➝ C$260.00	Buy
12/12/2025	CAE CAE	Boost Price Target	C$41.00	C$46.00 ➝ C$51.00	Buy
12/12/2025	CNR Canadian National Railway	Boost Price Target	C$135.00	C$151.00 ➝ C$161.00	Buy
12/12/2025	CP Canadian Pacific Kansas City	Boost Price Target	C$103.00	C$120.00 ➝ C$133.00	Buy
12/12/2025	CJT Cargojet	Boost Price Target	C$76.00	C$117.00 ➝ C$118.00	Buy
12/12/2025	CVE Cenovus Energy	Boost Price Target	C$25.00	C$33.00 ➝ C$33.50	Buy
12/12/2025	EMP.A Empire	Lower Price Target	C$46.00	C$60.00 ➝ C$53.00	Buy
12/12/2025	MTL Mullen Group	Boost Price Target	C$16.00	C$18.00 ➝ C$19.00	Buy
12/12/2025	STN Stantec	Boost Price Target	C$129.00	C$160.00 ➝ C$173.00	Buy
12/12/2025	SJ Stella-Jones	Set Price Target	C$88.00	C$102.00	Buy
12/12/2025	SU Suncor Energy	Boost Price Target	C$61.00	C$73.00 ➝ C$74.00	Buy
12/12/2025	TFII TFI International	Boost Price Target	C$141.00	C$157.00 ➝ C$170.00	Buy
12/12/2025	WSP WSP Global	Boost Price Target	C$241.00	C$306.00 ➝ C$346.00	Buy
12/10/2025	RCI Rogers Communication	Downgrade	$36.00		Buy ➝ Hold
12/10/2025	AAV Advantage Energy	Boost Price Target	C$12.00	C$14.50 ➝ C$15.00	Buy
12/10/2025	RCI.B Rogers Communications	Downgrade	C$50.00	C$57.00	Buy ➝ Hold
12/8/2025	AMZN Amazon.com	Boost Price Target	$226.00	$218.00
12/5/2025	EQGPF EQB	Reiterated Rating	$71.00		Buy ➝ Buy
12/5/2025	DOOO BRP	Reiterated Rating	$77.00		Buy ➝ Buy
12/5/2025	BMO Bank of Montreal	Boost Price Target	C$181.00	C$177.00 ➝ C$180.00	Hold
12/5/2025	DOO BRP	Boost Price Target	C$107.00	C$117.00 ➝ C$130.00	Buy
12/5/2025	CM Canadian Imperial Bank of Commerce	Boost Price Target	C$128.00	C$126.00 ➝ C$132.00	Buy
12/5/2025	TD Toronto-Dominion Bank	Boost Price Target	C$126.00	C$120.00 ➝ C$126.00	Buy
12/4/2025	HWX Headwater Exploration	Boost Price Target	C$9.00	C$8.75 ➝ C$9.50	Hold
12/4/2025	L Loblaw Companies	Upgrade	C$61.00	C$62.00 ➝ C$67.00	Hold ➝ Buy
12/4/2025	NA National Bank of Canada	Boost Price Target	C$173.00	C$167.00 ➝ C$175.00	Buy
12/4/2025	RY Royal Bank of Canada	Boost Price Target	C$228.00	C$218.00 ➝ C$230.00	Buy
12/4/2025	TVE Tamarack Valley Energy	Boost Price Target	C$8.00	C$8.50 ➝ C$8.75	Buy
12/3/2025	PAZRF Plaza Retail REIT	Reiterated Rating	$3.00		Buy ➝ Buy
12/2/2025	WSP WSP Global	Set Price Target	C$241.00	C$306.00	Buy
11/28/2025	AGI Alamos Gold	Initiated Coverage	$38.00		Buy
11/28/2025	KGC Kinross Gold	Initiated Coverage	$28.00		Buy
11/28/2025	AGI Alamos Gold	Set Price Target	C$53.00	C$64.00	Buy
11/28/2025	FOOD Goodfood Market	Lower Price Target	C$0.00	C$0.30 ➝ C$0.25	Hold
11/28/2025	KNT K92 Mining Inc. (KNT.V)	Set Price Target	C$8.00	C$26.00	Buy
11/28/2025	K Kinross Gold	Set Price Target	C$38.00	C$44.00	Buy
11/28/2025	OGC OceanaGold	Set Price Target	C$38.00	C$50.00	Buy
11/27/2025	K Kinross Gold	Upgrade	C$38.00		Moderate Buy
11/27/2025	KNT K92 Mining	Upgrade	C$22.00		Moderate Buy
11/27/2025	OGC OceanaGold	Upgrade	C$38.00		Moderate Buy
11/27/2025	AGI Alamos Gold	Upgrade	C$53.00		Buy
11/27/2025	CGY Calian Group	Boost Price Target	C$59.00	C$59.00 ➝ C$66.00	Buy
11/26/2025	ATD Alimentation Couche-Tard	Boost Price Target	C$72.00	C$80.00 ➝ C$85.00	Buy
11/26/2025	BEP Brookfield Renewable Partners	Upgrade	$28.00		Hold
11/25/2025	PNG Kraken Robotics	Boost Price Target	C$6.00	C$5.00 ➝ C$6.50	Buy
11/24/2025	PEYUF Peyto Exploration & Development	Upgrade	$17.00		Hold ➝ Buy
11/24/2025	CNQ Canadian Natural Resources	Downgrade	$33.00		Buy ➝ Hold
11/24/2025	ATH Athabasca Oil	Boost Price Target	C$7.00	C$8.00 ➝ C$8.50	Hold
11/24/2025	CNQ Canadian Natural Resources	Downgrade	C$45.00	C$52.00	Buy ➝ Hold
11/24/2025	CVE Cenovus Energy	Boost Price Target	C$25.00	C$31.50 ➝ C$33.00	Buy
11/24/2025	HWX Headwater Exploration	Boost Price Target	C$9.00	C$8.00 ➝ C$8.75	Hold
11/24/2025	IMO Imperial Oil	Boost Price Target	C$127.00	C$114.00 ➝ C$120.00	Sell
11/24/2025	PEY Peyto Exploration & Development	Upgrade	C$23.00	C$23.50 ➝ C$24.50	Hold ➝ Buy
11/24/2025	SDE Spartan Delta	Boost Price Target	C$8.00	C$7.00 ➝ C$8.00	Hold
11/24/2025	SU Suncor Energy	Boost Price Target	C$61.00	C$71.00 ➝ C$73.00	Buy
11/24/2025	TVE Tamarack Valley Energy	Boost Price Target	C$8.00	C$7.75 ➝ C$8.50	Buy
11/24/2025	TOU Tourmaline Oil	Upgrade	C$63.00	C$68.00	Hold ➝ Buy
11/24/2025	VET Vermilion Energy	Boost Price Target	C$12.00	C$12.50 ➝ C$13.00	Hold
11/20/2025	MRU Metro	Set Price Target	C$99.00	C$105.00	Hold
11/20/2025	SIA Sienna Senior Living	Boost Price Target	C$20.00	C$21.00 ➝ C$23.00	Buy
11/17/2025	STN Stantec	Reiterated Rating	$94.00		Buy ➝ Buy
11/17/2025	PEYUF Peyto Exploration & Development	Reiterated Rating	$17.00		Hold ➝ Hold
11/17/2025	WNGRF George Weston	Reiterated Rating	$68.00		Buy ➝ Buy
11/17/2025	FRHLF Freehold Royalties	Reiterated Rating	$11.00		Hold ➝ Hold
11/17/2025	FRRPF Fiera Capital	Reiterated Rating	$4.00		Hold ➝ Hold
11/14/2025	NPIFF Northland Power	Downgrade	$12.00		Hold
11/13/2025	NPI Northland Power	Downgrade	C$17.00		Moderate Buy ➝ Hold
11/11/2025	NTIOF National Bank of Canada	Upgrade	$125.00		Hold ➝ Moderate Buy
11/11/2025	NA National Bank of Canada	Upgrade	C$173.00		Hold ➝ Moderate Buy
11/7/2025	BCE BCE	Boost Price Target	C$33.00	C$41.00 ➝ C$42.00	Sector Perform
11/7/2025	BBD.B Bombardier, Inc. Class B	Boost Price Target	C$225.00	C$236.00 ➝ C$239.00	Buy
11/7/2025	CTC.A Canadian Tire	Boost Price Target	C$166.00	C$185.00 ➝ C$190.00
11/7/2025	CAS Cascades	Boost Price Target	C$12.00	C$10.50 ➝ C$13.50	Hold
11/7/2025	WSP WSP Global	Lower Price Target	C$241.00	C$313.00 ➝ C$306.00	Buy
11/6/2025	ATX ATEX Resources	Upgrade	C$3.00		Moderate Buy
11/4/2025	GIB.A CGI	Lower Price Target	C$125.00	C$169.00 ➝ C$160.00	Buy
11/4/2025	BYD Boyd Group Services	Upgrade	C$221.00		Moderate Buy
11/3/2025	CCA Cogeco Communications	Lower Price Target	C$66.00	C$173.00 ➝ C$171.00	Hold
11/3/2025	TFII TFI International	Lower Price Target	C$141.00	C$161.00 ➝ C$157.00	Buy
10/31/2025	AEGXF Aecon Group	Downgrade	$23.00		Buy ➝ Hold
10/31/2025	ARE Aecon Group	Downgrade	C$31.00	C$22.00 ➝ C$35.00	Buy ➝ Hold
10/31/2025	AP.UN Allied Properties Real Estate Investment Trust	Lower Price Target	C$13.00	C$18.00 ➝ C$15.50	Sell
10/30/2025	CNSWF Constellation Software	Upgrade	$2,380.00		Moderate Buy
10/30/2025	CSU Constellation Software	Upgrade	C$3,285.00		Moderate Buy
10/30/2025	AAV Advantage Energy	Lower Price Target	C$12.00	C$15.00 ➝ C$14.50	Buy
10/30/2025	AD.UN Alaris Equity Partners Income Trust (AD.UN)	Boost Price Target	C$20.00	C$24.50 ➝ C$25.00	Buy
10/30/2025	DBM Doman Building Materials Group	Set Price Target	C$9.00	C$11.00	Buy
10/29/2025	CWXZF Doman Building Materials Group	Initiated Coverage	$7.00		Buy
10/29/2025	VNP 5N Plus	Boost Price Target	C$18.00	C$17.50 ➝ C$23.00	Buy
10/29/2025	BEP Brookfield Renewable Partners	Boost Price Target	$28.00	$42.00 ➝ $46.00	Hold
10/29/2025	FSZ Fiera Capital	Boost Price Target	C$6.00	C$6.23 ➝ C$6.50	Hold
10/29/2025	DBM Doman Building Materials Group	Upgrade	C$9.00		Moderate Buy
10/28/2025	BLX Boralex	Lower Price Target	C$25.00	C$45.00 ➝ C$43.00	Top Pick
10/27/2025	AFN Ag Growth International	Lower Price Target	C$22.00	C$49.00 ➝ C$47.00	Buy
10/27/2025	GIL Gildan Activewear	Boost Price Target	$61.00	$80.00 ➝ $95.00	Buy
10/24/2025	APR.UN Automotive Properties Real Est Invt TR	Lower Price Target	C$11.00	C$13.00 ➝ C$12.50	Buy
10/24/2025	DFY Definity Financial	Lower Price Target	C$74.00	C$80.00 ➝ C$70.00	Hold
10/24/2025	IFC Intact Financial	Lower Price Target	C$283.00	C$335.00 ➝ C$305.00	Buy
10/24/2025	RCI.B Rogers Communications	Boost Price Target	C$50.00	C$53.00 ➝ C$56.00	Buy