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
10/15/2021
ACDVF
Air Canada
Lower Price TargetC$19.00C$30.00 ➝ C$28.00Sector PerformLow
10/15/2021
AC
Air Canada
Lower Price TargetC$23.00 C$28.00SECTOR PERFORMN/A
10/15/2021
ABX
Barrick Gold
DowngradeC$24.00 C$29.00Outperform Overweight ➝ Sector Perform OverweightN/A
10/14/2021
FTMNF
Lundin Gold
Boost Price TargetC$9.00C$13.25 ➝ C$13.50Sector PerformLow
10/14/2021
LUG
Lundin Gold
Boost Price TargetC$11.00 C$13.50Sector PerformN/A
10/14/2021
GOLD
Barrick Gold
Downgrade$19.00$28.00 ➝ $19.00Outperform ➝ Sector PerformMedium
10/14/2021
CGJTF
Cargojet
Downgrade$157.00Outperform ➝ Sector PerformMedium
10/14/2021
CJT
Cargojet
UpgradeC$194.00 C$205.00Sector PerformN/A
10/13/2021
LUG
Lundin Gold
Reiterated RatingC$11.00Sector Perform Spec OverwgtN/A
10/13/2021
FSM
Fortuna Silver Mines
Lower Price TargetC$5.00C$7.00 ➝ C$6.75Sector PerformMedium
10/13/2021
EGO
Eldorado Gold
Boost Price TargetC$10.00C$17.50 ➝ C$18.00OutperformLow
10/13/2021
ELD
Eldorado Gold
Boost Price TargetC$12.00 C$18.00NAN/A
10/13/2021
CJT
Cargojet
Reiterated RatingC$194.00Sector Perform Market WeightN/A
10/12/2021
MLLGF
Mullen Group
Boost Price TargetC$11.00C$15.50 ➝ C$16.50OutperformN/A
10/12/2021
MTL
Mullen Group
Boost Price TargetC$14.00 C$16.50OutperformN/A
10/12/2021
MTY
MTY Food Group
Boost Price TargetC$64.00 C$75.00OutperformN/A
10/8/2021
RCH
Richelieu Hardware
Boost Price TargetC$43.00C$44.50 ➝ C$48.00Sector PerformN/A
10/7/2021
BDRBF
Bombardier
Boost Price TargetC$2.00C$1.90 ➝ C$2.50OutperformLow
10/7/2021
SPGYF
Whitecap Resources
Boost Price TargetC$6.00C$11.00 ➝ C$12.00OutperformHigh
10/7/2021
KNT
K92 Mining
Reiterated RatingC$7.00Outperform OverweightN/A
10/7/2021
GIL
Gildan Activewear
Boost Price TargetC$45.00C$56.00 ➝ C$57.00OutperformN/A
10/6/2021
BBD.B
Bombardier, Inc. Class B
Boost Price TargetC$2.00C$1.90 ➝ C$2.50Sector PerformN/A
10/6/2021
WCP
Whitecap Resources
Boost Price TargetC$8.00 C$12.00OutperformN/A
10/5/2021
ZPTAF
Surge Energy
Boost Price TargetC$4.00C$8.50 ➝ C$9.00Sector PerformLow
10/5/2021
SGY
Surge Energy
Boost Price TargetC$5.00Sector PerformN/A
10/5/2021
SLF
Sun Life Financial
Boost Price TargetC$56.00C$71.00 ➝ C$73.00OutperformLow
10/5/2021
SLF
Sun Life Financial
Boost Price TargetC$69.00 C$73.00OutperformN/A
10/4/2021
ARR
Altius Renewable Royalties
Boost Price TargetC$10.00 C$12.50OutperformN/A
10/1/2021
ARR
Altius Renewable Royalties
UpgradeC$10.00Sector Perform Under Weight ➝ Outperfrom Under WeightN/A
10/1/2021
TD
The Toronto-Dominion Bank
Upgrade$70.00 $93.00Sector Perform ➝ OutperformHigh
10/1/2021
TD
The Toronto-Dominion Bank
Boost Price TargetC$87.00C$89.00 ➝ C$93.00BuyN/A
9/30/2021
KL
Kirkland Lake Gold
Downgrade$46.00 $50.00HoldLow
9/30/2021
KL
Kirkland Lake Gold
DowngradeC$57.00 C$50.00HoldN/A
9/30/2021
TD
The Toronto-Dominion Bank
UpgradeC$87.00Sector Perform ➝ OutperformN/A
9/29/2021
YGRAF
Yangarra Resources
Boost Price TargetC$2.00C$2.00 ➝ C$2.50Sector PerformLow
9/29/2021
BKBEF
Pipestone Energy
Boost Price TargetC$2.00C$3.25 ➝ C$4.00Sector PerformLow
9/29/2021
CWEGF
Crew Energy
Boost Price TargetC$3.00C$2.00 ➝ C$3.50Sector PerformLow
9/29/2021
TNEYF
Tamarack Valley Energy
Boost Price TargetC$3.00C$4.50 ➝ C$5.00OutperformLow
9/29/2021
BTEGF
Baytex Energy
Boost Price TargetC$3.00C$3.00 ➝ C$4.50Sector PerformMedium
9/29/2021
CDDRF
Headwater Exploration
Boost Price TargetC$4.00C$6.25 ➝ C$7.00OutperformLow
9/29/2021
KELTF
Kelt Exploration
Boost Price TargetC$4.00C$5.00 ➝ C$7.00OutperformHigh
9/29/2021
NUVSF
NuVista Energy
Boost Price TargetC$5.00C$4.25 ➝ C$6.75Sector PerformLow
9/29/2021
SRMLF
Storm Resources
Boost Price TargetC$5.00C$5.00 ➝ C$7.50Sector PerformLow
9/29/2021
DALXF
Spartan Delta
Boost Price TargetC$5.00C$8.00 ➝ C$10.00OutperformLow
9/29/2021
CPG
Crescent Point Energy
Boost Price TargetC$5.00C$11.00 ➝ C$12.50OutperformMedium
9/29/2021
AAVVF
Advantage Energy
Boost Price TargetC$5.00C$5.50 ➝ C$9.00OutperformHigh
9/29/2021
BIREF
Birchcliff Energy
Boost Price TargetC$6.00C$6.25 ➝ C$10.00OutperformMedium
9/29/2021
SPGYF
Whitecap Resources
Boost Price TargetC$6.00C$10.00 ➝ C$11.00OutperformLow
9/29/2021
PEYUF
Peyto Exploration & Development
Boost Price TargetC$8.00C$8.50 ➝ C$15.50OutperformLow
9/29/2021
MEGEF
MEG Energy
Lower Price TargetC$9.00C$14.50 ➝ C$14.00Sector PerformLow
9/29/2021
ERF
Enerplus
Boost Price TargetC$9.00C$13.50 ➝ C$17.00OutperformHigh
9/29/2021
AETUF
ARC Resources
Boost Price TargetC$10.00C$13.50 ➝ C$18.50OutperformMedium
9/29/2021
VET
Vermilion Energy
Boost Price TargetC$11.00C$13.50 ➝ C$18.00Sector PerformHigh
9/29/2021
PREKF
PrairieSky Royalty
Boost Price TargetC$13.00C$16.50 ➝ C$20.00Sector PerformLow
9/29/2021
PARXF
Parex Resources
Boost Price TargetC$21.00C$34.00 ➝ C$35.00OutperformLow
9/29/2021
SU
Suncor Energy
Boost Price TargetC$24.00C$36.00 ➝ C$39.00Sector PerformLow
9/29/2021
IMO
Imperial Oil
Boost Price TargetC$35.00C$45.00 ➝ C$49.00Sector PerformN/A
9/29/2021
CNQ
Canadian Natural Resources
Boost Price TargetC$42.00C$61.00 ➝ C$70.00OutperformMedium
9/29/2021
GFL
GFL Environmental
Boost Price TargetC$39.00C$46.00 ➝ C$50.00Outperform ➝ OutperformLow
9/29/2021
GFL
GFL Environmental
Boost Price TargetC$48.00 C$50.00OutperformN/A
9/28/2021
IVQ.U
Invesque
Lower Price TargetC$2.00C$2.75 ➝ C$2.00Sector PerformN/A
9/28/2021
CVE
Cenovus Energy
Boost Price TargetC$14.00C$20.00 ➝ C$22.00OutperformN/A
9/28/2021
PRMRF
Paramount Resources
Upgrade$16.00Sector Perform ➝ OutperformLow
9/28/2021
POU
Paramount Resources
UpgradeC$20.00 C$28.00OutperformN/A
9/24/2021
FRHLF
Freehold Royalties
Boost Price TargetC$9.00C$12.00 ➝ C$13.00Outperform ➝ OutperformLow
9/24/2021
SMMCF
Summit Industrial Income REIT
Boost Price TargetC$18.00C$22.50 ➝ C$24.00Outperform ➝ OutperformLow
9/24/2021
TRMLF
Tourmaline Oil
Boost Price TargetC$36.00C$40.00 ➝ C$45.00Outperform ➝ OutperformLow
9/23/2021
FRU
Freehold Royalties
Reiterated RatingC$12.00 C$11.50OutperformN/A
9/23/2021
SMU.UN
Summit Industrial Income REIT
Boost Price TargetC$22.00 C$23.00OutperformN/A
9/23/2021
TOU
Tourmaline Oil
Boost Price TargetC$44.00C$40.00 ➝ C$45.00OutperformN/A
9/23/2021
BIP
Brookfield Infrastructure Partners
Boost Price Target$57.00$60.00 ➝ $81.00OutperformLow
9/21/2021
NFYEF
NFI Group
Downgrade$19.00Outperform ➝ Sector PerformLow
9/21/2021
NFI
NFI Group
DowngradeC$24.00 C$28.00Outperform Overweight ➝ Sector Perform OverweightN/A
9/21/2021
SAPIF
Saputo
Lower Price TargetC$25.00C$41.00 ➝ C$39.00Sector PerformHigh
9/21/2021
SAP
Saputo
Lower Price TargetC$31.00 C$39.00Sector PerformN/A
9/20/2021
GIP
Green Impact Partners
Reiterated RatingC$7.00Outperform Spec Under WeightN/A
9/20/2021
WLDBF
WildBrain
Boost Price TargetC$3.00C$3.75 ➝ C$4.00OutperformLow
9/20/2021
NNXPF
NanoXplore
Boost Price TargetC$6.00C$5.00 ➝ C$8.00OutperformHigh
9/20/2021
INGXF
Innergex Renewable Energy
Boost Price TargetC$17.00C$27.00 ➝ C$28.00OutperformHigh
9/20/2021
GRT.UN
Granite Real Estate Investment Trust
Boost Price TargetC$95.00 C$105.00OutperformN/A
9/20/2021
CNI
Canadian National Railway
Boost Price TargetC$123.00C$139.00 ➝ C$144.00Sector PerformHigh
9/17/2021
INE
Innergex Renewable Energy
Reiterated RatingC$21.00OutperformN/A
9/16/2021
AYA
Aya Gold & Silver
Reiterated RatingC$10.00 C$13.25OutperformN/A
9/16/2021
TXG
Torex Gold Resources
Reiterated RatingC$14.00 C$24.00Sector Perform OverweightN/A
9/16/2021
INE
Innergex Renewable Energy
Boost Price TargetC$21.00 C$28.00NAN/A
9/16/2021
CP
Canadian Pacific Railway
Lower Price TargetC$90.00C$98.00 ➝ C$97.00Sector PerformN/A
9/16/2021
CNR
Canadian National Railway
Boost Price TargetC$152.00 C$144.00Sector PerformN/A
9/16/2021
TXG
10x Genomics
Initiated Coverage$152.00 $24.00Sector PerformMedium
9/15/2021
BLKLF
Blackline Safety
Lower Price TargetC$6.00C$12.00 ➝ C$10.00OutperformLow
9/14/2021
HEO
H2O Innovation
Reiterated RatingC$2.00Outperform OverweightN/A
9/13/2021
GSV
Gold Standard Ventures
Reiterated RatingC$1.00OutperformN/A
9/13/2021
ANRGF
ANRGF
Initiated Coverage$17.00Sector PerformLow
9/13/2021
NGT
Newmont
Reiterated RatingC$71.00OutperformN/A
9/10/2021
TV
Trevali Mining
Boost Price TargetC$0.00 C$0.30Sector PerformN/A
9/10/2021
S
Sherritt International
Lower Price TargetC$0.00 C$0.55Sector PerformN/A
9/10/2021
MAIFF
Minera Alamos
Lower Price TargetC$0.00C$1.15 ➝ C$1.00OutperformLow
9/10/2021
GSV
Gold Standard Ventures
Lower Price TargetC$1.00C$1.50 ➝ C$1.30NAN/A
9/10/2021
LGDTF
Liberty Gold
Lower Price TargetC$1.00C$1.90 ➝ C$1.80OutperformLow
9/10/2021
LGD
Liberty Gold
Lower Price TargetC$1.00 C$1.80OutperformN/A
9/10/2021
NGD
New Gold
Lower Price TargetC$2.00C$2.75 ➝ C$2.50Sector PerformN/A