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
9/30/2022
CNQ
Canadian Natural Resources
Lower Price TargetC$47.00C$100.00 ➝ C$88.00Low
9/30/2022
CVE
Cenovus Energy
Lower Price TargetC$15.00C$38.00 ➝ C$36.00Low
9/30/2022
IMO
Imperial Oil
Lower Price TargetC$43.00C$86.00 ➝ C$73.00N/A
9/30/2022
SU
Suncor Energy
Lower Price TargetC$28.00C$63.00 ➝ C$53.00Low
9/30/2022
AETUF
ARC Resources
Lower Price TargetC$12.00C$26.00 ➝ C$23.00Low
9/30/2022
BTEGF
Baytex Energy
Lower Price TargetC$4.00C$10.00 ➝ C$9.00Low
9/30/2022
CPG
Crescent Point Energy
Lower Price TargetC$6.00C$20.00 ➝ C$18.00Low
9/30/2022
FRHLF
Freehold Royalties
Lower Price TargetC$10.00C$20.00 ➝ C$19.00Low
9/30/2022
CDDRF
Headwater Exploration
Lower Price TargetC$4.00 C$9.50Low
9/30/2022
KELTF
Kelt Exploration
Lower Price TargetC$4.00C$10.50 ➝ C$9.00Low
9/30/2022
MEGEF
MEG Energy
Lower Price TargetC$11.00C$30.00 ➝ C$26.00Low
9/30/2022
NUVSF
NuVista Energy
Lower Price TargetC$7.00C$16.50 ➝ C$15.00Low
9/30/2022
PEYUF
Peyto Exploration & Development
Lower Price TargetC$8.00C$19.00 ➝ C$17.00Low
9/30/2022
BKBEF
Pipestone Energy
Lower Price TargetC$3.00C$7.00 ➝ C$6.00Low
9/30/2022
PRMRF
Paramount Resources
Lower Price TargetC$18.00C$45.00 ➝ C$40.00Low
9/30/2022
PREKF
PrairieSky Royalty
Lower Price TargetC$13.00C$26.00 ➝ C$24.00Low
9/30/2022
DALXF
Spartan Delta
Lower Price TargetC$7.00C$22.50 ➝ C$20.00Low
9/30/2022
VET
Vermilion Energy
Boost Price TargetC$21.00C$48.00 ➝ C$50.00Low
9/30/2022
SPGYF
Whitecap Resources
Lower Price TargetC$6.00C$17.50 ➝ C$15.50Low
9/30/2022
PSHIF
Lucero Energy
Lower Price TargetC$0.00C$1.20 ➝ C$1.00Low
9/30/2022
ZPTAF
Surge Energy
Lower Price TargetC$6.00C$15.50 ➝ C$14.00Low
9/29/2022
BCE
BCE
Lower Price TargetC$42.00C$71.00 ➝ C$68.00Low
9/29/2022
RCI
Rogers Communications
Lower Price TargetC$39.00C$77.00 ➝ C$75.00Low
9/29/2022
TU
TELUS
Lower Price TargetC$20.00C$36.00 ➝ C$34.00Low
9/29/2022
TPRFF
GCM Mining
Initiated Coverage$3.00Sector Perform ➝ OutperformN/A
9/28/2022
TNEYF
Tamarack Valley Energy
Boost Price TargetC$3.00C$8.00 ➝ C$9.00Low
9/28/2022
RAMPF
Polaris Renewable Energy
Initiated Coverage$12.00OutperformLow
9/26/2022
WSPOF
WSP Global
Lower Price TargetC$108.00C$188.00 ➝ C$181.00Low
9/22/2022
CNI
Canadian National Railway
Boost Price TargetC$108.00C$166.00 ➝ C$173.00Low
9/22/2022
CP
Canadian Pacific Railway
Boost Price TargetC$67.00C$98.00 ➝ C$105.00Low
9/21/2022
KGC
Kinross Gold
Boost Price TargetC$4.00C$8.25 ➝ C$9.00Low
9/21/2022
INGXF
Innergex Renewable Energy
Boost Price TargetC$13.00C$24.00 ➝ C$25.00Low
9/15/2022
MFCSF
Medical Facilities
Boost Price TargetC$8.00C$10.50 ➝ C$11.00N/A
9/15/2022
WLDBF
WildBrain
Lower Price TargetC$2.00C$5.00 ➝ C$3.50Low
9/12/2022
DLMAF
Dollarama
Boost Price TargetC$57.00C$82.00 ➝ C$86.00Low
9/11/2022
CJREF
Corus Entertainment
Downgrade$2.00Outperform ➝ Sector PerformLow
9/9/2022
TRZBF
Transat A.T.
Lower Price TargetC$2.00C$3.75 ➝ C$2.50Low
9/6/2022
EIFZF
Exchange Income
Lower Price TargetC$30.00C$61.00 ➝ C$60.00N/A
9/5/2022
EIFZF
Exchange Income
Initiated Coverage$30.00OutperformLow
9/2/2022
RCI
Rogers Communications
Lower Price TargetC$39.00C$78.00 ➝ C$77.00Low
9/1/2022
LRCDF
Laurentian Bank of Canada
Lower Price TargetC$22.00C$53.00 ➝ C$51.00Low
8/31/2022
ATD
Alimentation Couche-Tard
UpgradeC$56.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
8/31/2022
ANCTF
Alimentation Couche-Tard
Upgrade$40.00Sector Perform ➝ OutperformLow
8/26/2022
TD
Toronto-Dominion Bank
Boost Price TargetC$61.00C$102.00 ➝ C$106.00Low
8/25/2022
RY
Royal Bank of Canada
Boost Price TargetC$90.00C$147.00 ➝ C$148.00Low
8/25/2022
NTIOF
National Bank of Canada
Lower Price TargetC$63.00C$101.00 ➝ C$100.00Low
8/24/2022
DLMAF
Dollarama
Boost Price TargetC$57.00C$77.00 ➝ C$82.00Low
8/23/2022
TFII
TFI International
Boost Price TargetC$90.00C$150.00 ➝ C$152.00Low
8/22/2022
TCN
Tricon Residential
Boost Price TargetC$9.00C$17.00 ➝ C$18.00Low
8/22/2022
CGIFF
Chemtrade Logistics Income Fund
Initiated Coverage$5.00OutperformLow
8/19/2022
CWEGF
Crew Energy
Boost Price TargetC$4.00C$6.75 ➝ C$7.50Low
8/18/2022
CWYUF
SmartCentres Real Estate Investment Trust
Boost Price TargetC$18.00C$29.00 ➝ C$30.00Low
8/18/2022
NTIOF
National Bank of Canada
Lower Price TargetC$63.00C$104.00 ➝ C$101.00Low
8/17/2022
ANCTF
Alimentation Couche-Tard
Boost Price TargetC$40.00C$59.00 ➝ C$63.00Low
8/17/2022
KNTNF
K92 Mining
Boost Price TargetC$6.00C$10.50 ➝ C$10.75Low
8/17/2022
CROMF
Crombie Real Estate Investment Trust
Boost Price TargetC$10.00C$17.50 ➝ C$18.00N/A
8/17/2022
IVREF
Inovalis Real Estate Investment Trust
Lower Price TargetC$3.00C$7.25 ➝ C$6.00Low
8/17/2022
TREVF
Trevali Mining
Downgrade$0.00Sector Perform ➝ UnderperformLow
8/17/2022
WSPOF
WSP Global
Boost Price TargetC$108.00C$182.00 ➝ C$188.00Low
8/16/2022
TV
Trevali Mining
DowngradeC$0.00Sector Perform Overweight ➝ Underperform Spec OverweightN/A
8/16/2022
AZMCF
Arizona Metals
Initiated Coverage$3.00OutperformLow
8/16/2022
SAND
Sandstorm Gold
Initiated Coverage$5.00OutperformLow
8/16/2022
NPIFF
Northland Power
Boost Price TargetC$29.00C$47.00 ➝ C$49.00Low
8/16/2022
AYASF
Aya Gold & Silver
Boost Price TargetC$6.00C$8.00 ➝ C$10.50N/A
8/16/2022
BNS
Bank of Nova Scotia
Lower Price TargetC$48.00C$91.00 ➝ C$90.00Low
8/16/2022
RY
Royal Bank of Canada
Lower Price TargetC$90.00C$148.00 ➝ C$147.00Low
8/16/2022
CM
Canadian Imperial Bank of Commerce
Lower Price TargetC$44.00C$84.00 ➝ C$83.00Low
8/15/2022
CGAU
Centerra Gold
Lower Price TargetC$4.00C$14.00 ➝ C$10.50Low
8/15/2022
FSM
Fortuna Silver Mines
Lower Price TargetC$3.00 C$4.25Low
8/15/2022
LSDAF
Lassonde Industries
Lower Price TargetC$81.00C$161.00 ➝ C$141.00Low
8/15/2022
PAAS
Pan American Silver
Lower Price TargetC$16.00C$39.00 ➝ C$33.00Low
8/15/2022
PRRWF
Park Lawn
Lower Price TargetC$17.00C$45.00 ➝ C$38.00Low
8/15/2022
LWSCF
Sienna Senior Living
Boost Price TargetC$9.00C$15.00 ➝ C$16.00Low
8/15/2022
WDOFF
Wesdome Gold Mines
Lower Price TargetC$7.00C$16.00 ➝ C$15.00Low
8/15/2022
CESDF
CES Energy Solutions
Boost Price TargetC$2.00C$3.50 ➝ C$3.70Low
8/15/2022
CGIFF
Chemtrade Logistics Income Fund
Boost Price TargetC$5.00C$9.25 ➝ C$11.00Low
8/15/2022
EIFZF
Exchange Income
Boost Price TargetC$30.00C$59.00 ➝ C$61.00Low
8/15/2022
HRUFF
H&R Real Estate Investment Trust
Boost Price TargetC$7.00C$15.25 ➝ C$16.50Low
8/15/2022
MMX
Maverix Metals
Lower Price TargetC$3.00C$6.75 ➝ C$6.50Low
8/15/2022
WPM
Wheaton Precious Metals
Lower Price TargetC$32.00C$70.00 ➝ C$68.00Low
8/15/2022
AMC
Arizona Metals
Reiterated RatingC$4.00Outperform Spec OverweightN/A
8/15/2022
SSL
Sandstorm Gold
Reiterated RatingC$7.00Outperform Spec OverweightN/A
8/12/2022
CDPYF
Canadian Apartment Properties Real Estate Investment Trust
Boost Price TargetC$30.00 C$52.00Low
8/12/2022
CDNAF
Canadian Tire
Lower Price TargetC$107.00C$215.00 ➝ C$213.00Low
8/12/2022
ECNCF
ECN Capital
Boost Price TargetC$3.00C$8.00 ➝ C$8.50Low
8/12/2022
RSGUF
Rogers Sugar
Boost Price TargetC$4.00C$5.75 ➝ C$6.00Low
8/12/2022
XEBEF
Xebec Adsorption
Lower Price TargetC$0.00C$2.00 ➝ C$1.75Low
8/11/2022
BYDGF
Boyd Group Services
Downgrade$126.00Outperform ➝ Sector PerformLow
8/11/2022
AHOTF
American Hotel Income Properties REIT
Boost Price TargetC$2.00 C$4.00Low
8/11/2022
HZNOF
Dexterra Group
Lower Price TargetC$4.00C$12.00 ➝ C$10.50Low
8/11/2022
EHMEF
goeasy
Boost Price TargetC$77.00C$155.00 ➝ C$170.00Low
8/11/2022
PEYUF
Peyto Exploration & Development
Lower Price TargetC$8.00C$19.50 ➝ C$19.00Low
8/10/2022
BYD
Boyd Group Services
DowngradeC$174.00Outperfrom Under Weight ➝ Sector Perform Under WeightN/A
8/10/2022
EICCF
E Automotive
DowngradeC$5.00C$17.00 ➝ C$10.00Outperform ➝ Sector PerformN/A
8/9/2022
LSDAF
Lassonde Industries
Lower Price TargetC$81.00C$169.00 ➝ C$161.00Low
8/9/2022
GDIFF
GDI Integrated Facility Services
Lower Price TargetC$31.00C$70.50 ➝ C$64.50Low
8/9/2022
DLHTF
Dialogue Health Technologies
Lower Price TargetC$2.00C$11.50 ➝ C$8.50Low
8/5/2022
CADNF
Cascades
Downgrade$6.00Outperform ➝ Sector PerformLow
8/4/2022
CAS
Cascades
DowngradeC$8.00Outperform Overweight ➝ Sector Perform OverweightN/A
8/4/2022
HCG
Home Capital Group
DowngradeC$28.00Outperform Market Weight ➝ Sector Perform Market WeightN/A