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
4/22/2021
Canadian Pacific Railway logo
CP
Canadian Pacific Railway
Reiterated Rating$368.00OutperformLow
4/22/2021
Metro logo
MTRAF
Metro
Reiterated Rating$46.00Sector PerformLow
4/22/2021
Rogers Communications logo
RCI
Rogers Communications
Reiterated Rating$49.00OutperformLow
4/22/2021
Canadian Pacific Railway logo
CP
Canadian Pacific Railway
Lower Price TargetC$459.00 C$511.00OutperformN/A
4/22/2021
Metro logo
MRU
Metro
Boost Price TargetC$58.00 C$65.00Sector PerformN/A
4/22/2021
Rogers Communications logo
RCI.B
Rogers Communications
Boost Price TargetC$62.00 C$75.00OutperformN/A
4/21/2021
Canadian National Railway logo
CNI
Canadian National Railway
Reiterated Rating$110.00Sector PerformLow
4/20/2021
CAE logo
CAE
CAE
Boost Price TargetC$37.00 C$43.00OutperformN/A
4/19/2021
CAE logo
CAE
CAE
UpgradeC$37.00Sector Perform Overweight ➝ Outperform OverweightN/A
4/19/2021
Stelco logo
STZHF
Stelco
Upgrade$24.00Sector Perform ➝ OutperformHigh
4/19/2021
Cascades logo
CAS
Cascades
Lower Price TargetC$15.00 C$20.50OutperformN/A
4/19/2021
Gildan Activewear logo
GIL
Gildan Activewear
Boost Price TargetC$42.00 C$45.00OutperformN/A
4/19/2021
Mullen Group logo
MTL
Mullen Group
Boost Price TargetC$13.00 C$15.25OutperformN/A
4/19/2021
Stelco logo
STLC
Stelco
UpgradeC$30.00 C$36.00OutperformN/A
4/19/2021
Cascades logo
CADNF
Cascades
Reiterated Rating$12.00OutperformLow
4/19/2021
Mullen Group logo
MLLGF
Mullen Group
Reiterated Rating$10.00OutperformLow
4/19/2021
goeasy logo
EHMEF
goeasy
Reiterated Rating$111.00OutperformLow
4/19/2021
CAE logo
CAE
CAE
Upgrade$30.00$41.00 ➝ $43.00Sector Perform ➝ OutperformLow
4/16/2021
Minera Alamos logo
MAIFF
Minera Alamos
Initiated Coverage$1.00OutperformHigh
4/16/2021
TMX Group logo
TMXXF
TMX Group
Reiterated Rating$110.00Sector PerformLow
4/16/2021
Parex Resources logo
PXT
Parex Resources
Lower Price TargetC$22.00C$35.00 ➝ C$34.00OutperformN/A
4/15/2021
MAI
Minera Alamos
Reiterated RatingC$1.00Outperform Spec OverweightN/A
4/15/2021
NuVista Energy logo
NUVSF
NuVista Energy
Downgrade$2.00Outperform ➝ Sector PerformHigh
4/15/2021
Precision Drilling logo
PDS
Precision Drilling
Upgrade$25.00Sector Perform ➝ OutperformHigh
4/15/2021
Surge Energy logo
ZPTAF
Surge Energy
Downgrade$0.00Outperform ➝ Sector PerformHigh
4/15/2021
Advantage Oil & Gas logo
AAV
Advantage Oil & Gas
Boost Price TargetC$3.00 C$4.25OutperformN/A
4/15/2021
ARC Resources logo
ARX
ARC Resources
Lower Price TargetC$7.00 C$12.50OutperformN/A
4/15/2021
Birchcliff Energy logo
BIR
Birchcliff Energy
Lower Price TargetC$3.00 C$4.50OutperformN/A
4/15/2021
Canadian Natural Resources logo
CNQ
Canadian Natural Resources
Lower Price TargetC$37.00 C$49.00OutperformN/A
4/15/2021
Crescent Point Energy logo
CPG
Crescent Point Energy
Lower Price TargetC$5.00 C$7.00OutperformN/A
4/15/2021
Enerplus logo
ERF
Enerplus
Boost Price TargetC$6.00 C$10.50OutperformN/A
4/15/2021
Imperial Oil logo
IMO
Imperial Oil
Lower Price TargetC$31.00 C$33.00Sector PerformN/A
4/15/2021
MEG Energy logo
MEG
MEG Energy
Boost Price TargetC$6.00 C$11.00Sector PerformN/A
4/15/2021
NuVista Energy logo
NVA
NuVista Energy
DowngradeC$2.00 C$3.00Sector PerformN/A
4/15/2021
Ovintiv logo
OVV
Ovintiv
Boost Price TargetC$27.00 C$40.00OutperformN/A
4/15/2021
Precision Drilling logo
PD
Precision Drilling
UpgradeC$32.00 C$40.00OutperformN/A
4/15/2021
Surge Energy logo
SGY
Surge Energy
DowngradeC$1.00 C$0.90Sector PerformN/A
4/15/2021
Suncor Energy logo
SU
Suncor Energy
Lower Price TargetC$25.00 C$29.00Sector PerformN/A
4/15/2021
Vermilion Energy logo
VET
Vermilion Energy
Boost Price TargetC$8.00 C$10.00Sector PerformN/A
4/15/2021
TMX Group logo
X
TMX Group
Boost Price TargetC$138.00 C$146.00Sector PerformN/A
4/15/2021
Advantage Oil & Gas logo
AAVVF
Advantage Oil & Gas
Reiterated Rating$2.00OutperformHigh
4/15/2021
ARC Resources logo
AETUF
ARC Resources
Reiterated Rating$6.00OutperformLow
4/15/2021
Birchcliff Energy logo
BIREF
Birchcliff Energy
Reiterated Rating$2.00OutperformLow
4/15/2021
Cenovus Energy logo
CVE
Cenovus Energy
Reiterated Rating$7.00OutperformMedium
4/15/2021
StorageVault Canada logo
SVAUF
StorageVault Canada
Reiterated Rating$3.00OutperformN/A
4/15/2021
Ovintiv logo
OVV
Ovintiv
Boost Price Target$22.00$27.00 ➝ $32.00OutperformHigh
4/14/2021
Air Canada logo
AC
Air Canada
Lower Price TargetC$25.00 C$29.00Sector PerformN/A
4/14/2021
Metro logo
MRU
Metro
Boost Price TargetC$58.00 C$64.00Sector PerformN/A
4/14/2021
Spin Master logo
TOY
Spin Master
Boost Price TargetC$40.00 C$49.00OutperformN/A
4/14/2021
Metro logo
MTRAF
Metro
Reiterated Rating$46.00Sector PerformLow
4/14/2021
Spin Master logo
SNMSF
Spin Master
Reiterated Rating$32.00OutperformLow
4/13/2021
MTY Food Group logo
MTY
MTY Food Group
Boost Price TargetC$53.00C$55.00 ➝ C$58.00Sector PerformN/A
4/8/2021
Air Canada logo
ACDVF
Air Canada
Downgrade$20.00$26.00 ➝ $31.00Outperform ➝ Sector PerformMedium
4/8/2021
Equinox Gold logo
EQX
Equinox Gold
UpgradeC$11.00Sector Perform Market Weight ➝ Outperform Spec OverweightN/A
4/7/2021
Air Canada logo
AC
Air Canada
DowngradeC$25.00Outperform Market Weight ➝ Sector Perform Market WeightN/A
4/7/2021
Chorus Aviation logo
CHRRF
Chorus Aviation
Initiated Coverage$3.00Sector PerformMedium
4/7/2021
MTY Food Group logo
MTYFF
MTY Food Group
Reiterated Rating$42.00Sector PerformLow
4/7/2021
Cogeco Communications logo
CGEAF
Cogeco Communications
Reiterated Rating$95.00OutperformN/A
4/6/2021
Whitecap Resources logo
SPGYF
Whitecap Resources
Reiterated Rating$4.00OutperformLow
4/5/2021
Transat A.T. logo
TRZ
Transat A.T.
Reiterated RatingC$4.00Underperform Market WeightN/A
4/5/2021
Goodfood Market logo
GDDFF
Goodfood Market
Reiterated Rating$7.00OutperformLow
4/4/2021
Uni-Select logo
UNS
Uni-Select
UpgradeC$14.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
4/1/2021
TUERF
True North Commercial Real Estate Investment Trust
Initiated Coverage$6.00Sector PerformLow
4/1/2021
Dollarama logo
DLMAF
Dollarama
Reiterated Rating$46.00OutperformLow
4/1/2021
Park Lawn logo
PRRWF
Park Lawn
Reiterated Rating$27.00OutperformLow
4/1/2021
TELUS logo
TU
TELUS
Reiterated Rating$21.00OutperformLow
3/31/2021
Canadian Pacific Railway logo
CP
Canadian Pacific Railway
Upgrade$368.00$490.00 ➝ $515.00Sector Perform ➝ OutperformLow
3/31/2021
Pinnacle Renewable Energy logo
PINWF
Pinnacle Renewable Energy
Downgrade$9.00Sector PerformLow
3/31/2021
5N Plus logo
FPLSF
5N Plus
Reiterated Rating$3.00OutperformLow
3/31/2021
Canadian National Railway logo
CNI
Canadian National Railway
Reiterated Rating$110.00Sector PerformLow
3/30/2021
AYA
Aya Gold & Silver
Reiterated RatingC$7.00Outperform Spec OverweightN/A
3/30/2021
Canadian Pacific Railway logo
CP
Canadian Pacific Railway
UpgradeC$459.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
3/30/2021
Blackline Safety logo
BLN
Blackline Safety
Reiterated RatingC$9.00Outperfrom Under WeightN/A
3/30/2021
Blackline Safety logo
BLKLF
Blackline Safety
Initiated Coverage$7.00 $12.00OutperformHigh
3/29/2021
Aya Gold & Silver logo
MYAGF
Aya Gold & Silver
Initiated Coverage$6.00 $7.50OutperformLow
3/26/2021
Savaria logo
SISXF
Savaria
Downgrade$14.00Outperform ➝ Sector PerformHigh
3/26/2021
BRP logo
DOOO
BRP
Boost Price Target$91.00OutperformN/A
3/25/2021
Knight Therapeutics logo
GUD
Knight Therapeutics
Reiterated RatingC$5.00Outperform Market WeightN/A
3/25/2021
Savaria logo
SIS
Savaria
DowngradeC$18.00Outperform Overweight ➝ Sector Perform OverweightN/A
3/25/2021
Boyd Group Services logo
BYDGF
Boyd Group Services
Reiterated Rating$181.00OutperformLow
3/24/2021
Loblaw Companies logo
LBLCF
Loblaw Companies
Upgrade$56.00Sector Perform ➝ OutperformLow
3/23/2021
Loblaw Companies logo
L
Loblaw Companies
UpgradeC$70.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
3/22/2021
Alimentation Couche-Tard logo
ANCUF
Alimentation Couche-Tard
Lower Price Target$33.00OutperformN/A
3/22/2021
Fiera Capital logo
FRRPF
Fiera Capital
Reiterated Rating$8.00Sector PerformN/A
3/22/2021
Canadian Pacific Railway logo
CP
Canadian Pacific Railway
Reiterated Rating$368.00Sector PerformHigh
3/22/2021
Corus Entertainment logo
CJREF
Corus Entertainment
Boost Price Target$5.00OutperformN/A
3/18/2021
Lundin Gold logo
FTMNF
Lundin Gold
Initiated Coverage$10.00OutperformHigh
3/18/2021
Ag Growth International logo
AGGZF
Ag Growth International
Initiated Coverage$32.00OutperformMedium
3/18/2021
BTB Real Estate Investment Trust logo
BTBIF
BTB Real Estate Investment Trust
Reiterated Rating$3.00Sector PerformLow
3/17/2021
Lundin Gold logo
LUG
Lundin Gold
Reiterated RatingC$12.00Outperform OverweightN/A
3/17/2021
Kirkland Lake Gold logo
KL
Kirkland Lake Gold
Downgrade$39.00Outperform ➝ Sector PerformHigh
3/16/2021
Kirkland Lake Gold logo
KL
Kirkland Lake Gold
DowngradeC$48.00Outperform Spec Market Weight ➝ Sector Perform Spec OverwgtN/A
3/16/2021
Spartan Delta logo
DALXF
Spartan Delta
Reiterated Rating$4.00OutperformLow
3/16/2021
GFL Environmental logo
GFL
GFL Environmental
Reiterated Rating$33.00OutperformLow
3/16/2021
LSDAF
Lassonde Industries
Reiterated Rating$150.00OutperformN/A
3/15/2021
IVQ
Invesque
Reiterated RatingC$4.00Sector Perform Under WeightN/A
3/15/2021
Kelt Exploration logo
KELTF
Kelt Exploration
Boost Price Target$2.00$3.25 ➝ $4.00OutperformLow
3/15/2021
Hardwoods Distribution logo
HDIUF
Hardwoods Distribution
Reiterated Rating$26.00OutperformN/A
3/15/2021
Intertape Polymer Group logo
ITPOF
Intertape Polymer Group
Reiterated Rating$24.00OutperformLow
3/15/2021
Xebec Adsorption logo
XEBEF
Xebec Adsorption
Reiterated Rating$3.00Sector PerformHigh