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
5/23/2024
TD
Toronto-Dominion Bank
Downgrade$55.00Sector Perform ➝ UnderperformLow
5/17/2024
NGD
New Gold
Upgrade$2.00Hold ➝ Strong-BuyLow
5/17/2024
NGD
New Gold
UpgradeC$3.00Hold ➝ Strong-BuyN/A
5/15/2024
BYD
Boyd Group Services
UpgradeC$233.00Hold ➝ Strong-BuyN/A
5/15/2024
KNT
K92 Mining
DowngradeC$7.00Strong-Buy ➝ HoldN/A
5/14/2024
HBM
Hudbay Minerals
Upgrade$9.00Hold ➝ Strong-BuyLow
5/14/2024
HBM
Hudbay Minerals
UpgradeC$13.00Hold ➝ Strong-BuyN/A
5/10/2024
PVT
Pivotree
DowngradeC$2.00Strong-Buy ➝ HoldN/A
5/9/2024
ATH
Athabasca Oil
UpgradeC$5.00Hold ➝ Strong-BuyN/A
5/9/2024
MFC
Manulife Financial
Upgrade$26.00Sector Perform ➝ OutperformLow
5/8/2024
LEV
Lion Electric
Downgrade$1.00Sec Perform Spec Market Wgt ➝ Underperform Spec Market WgtLow
5/8/2024
LEV
Lion Electric
DowngradeC$1.00Sec Perform Spec Market Wgt ➝ Underperform Spec Market WgtN/A
5/8/2024
MFC
Manulife Financial
UpgradeC$36.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
5/8/2024
TOY
Spin Master
DowngradeC$29.00Outperfrom Under Weight ➝ Sector Perform Under WeightN/A
4/30/2024
NEM
Newmont
Downgrade$41.00Outperform Overweight ➝ Sector Perform OverweightLow
4/30/2024
NGT
Newmont
DowngradeC$57.00Outperform Overweight ➝ Sector Perform OverweightN/A
4/28/2024
SGD
Snowline Gold
Reiterated RatingC$6.00Outperform Spec OverweightN/A
4/26/2024
EQX
Equinox Gold
Upgrade$6.00Sector Perform Spec Overwgt ➝ Outperform OverweightN/A
4/26/2024
EQX
Equinox Gold
UpgradeC$8.00Sector Perform Spec Overwgt ➝ Outperform OverweightN/A
4/26/2024
TFII
TFI International
Upgrade$132.00Sector Perform Under Weight ➝ Outperfrom Under WeightLow
4/23/2024
TRI
Thomson Reuters
Upgrade$173.00Underperform ➝ Sector PerformLow
4/8/2024
AEM
Agnico Eagle Mines
Reiterated Rating$67.00Outperform OverweightLow
4/8/2024
AGI
Alamos Gold
Reiterated Rating$17.00Outperform OverweightLow
4/8/2024
CDE
Coeur Mining
Reiterated Rating$5.00Outperform Spec Market WeightLow
4/8/2024
CGAU
Centerra Gold
Reiterated Rating$7.00Outperform OverweightLow
4/8/2024
EGO
Eldorado Gold
Reiterated Rating$15.00Outperform Spec OverweightLow
4/8/2024
EQX
Equinox Gold
Reiterated Rating$6.00Sector Perform Spec OverwgtN/A
4/8/2024
GOLD
Barrick Gold
Reiterated Rating$17.00Sector Perform OverweightLow
4/8/2024
HL
Hecla Mining
Reiterated Rating$6.00Outperform Market WeightLow
4/8/2024
IAG
IAMGOLD
Reiterated Rating$4.00Sector Perform Spec OverwgtLow
4/8/2024
KGC
Kinross Gold
Reiterated Rating$8.00Outperform OverweightLow
4/8/2024
NEM
Newmont
Reiterated Rating$41.00Outperform OverweightLow
4/8/2024
NGD
New Gold
Reiterated Rating$2.00Sector Perform Spec OverwgtN/A
4/8/2024
SSRM
SSR Mining
Reiterated Rating$5.00Sector Perform Spec OverwgtLow
4/8/2024
ABX
Barrick Gold
Reiterated RatingC$23.00Sector Perform OverweightN/A
4/8/2024
AEM
Agnico Eagle Mines
Reiterated RatingC$92.00Outperform OverweightN/A
4/8/2024
AGI
Alamos Gold
Reiterated RatingC$23.00Outperform OverweightN/A
4/8/2024
CG
Centerra Gold
Reiterated RatingC$9.00Outperform OverweightN/A
4/8/2024
ELD
Eldorado Gold
Reiterated RatingC$21.00Outperform Spec OverweightN/A
4/8/2024
EQX
Equinox Gold
Reiterated RatingC$8.00Sector Perform Spec OverwgtN/A
4/8/2024
IMG
IAMGOLD
Reiterated RatingC$5.00Sector Perform Spec OverwgtN/A
4/8/2024
K
Kinross Gold
Reiterated RatingC$11.00Outperform OverweightN/A
4/8/2024
NGD
New Gold
Reiterated RatingC$3.00Sector Perform Spec OverwgtN/A
4/8/2024
NGT
Newmont
Reiterated RatingC$57.00Outperform OverweightN/A
4/8/2024
OGC
OceanaGold
Reiterated RatingC$3.00Outperform OverweightN/A
4/5/2024
EXROF
Exro Technologies
Reiterated Rating$1.00Outperform Market WeightLow
4/3/2024
AY
Atlantica Sustainable Infrastructure
Downgrade$23.00Outperform ➝ Sector PerformLow
3/21/2024
ATD
Alimentation Couche-Tard
DowngradeC$79.00Outperform Overweight ➝ Sector Perform OverweightN/A
3/13/2024
DOL
Dollarama
UpgradeC$124.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
2/29/2024
FM
First Quantum Minerals
UpgradeC$18.00Sec Perform Spec Market Wgt ➝ Outperform Spec Market WeightN/A
2/29/2024
GDI
GDI Integrated Facility Services
DowngradeC$32.00Outperfrom Under Weight ➝ Sector Perform Under WeightN/A
2/28/2024
EQB
EQB
DowngradeC$82.00Outperform Market Weight ➝ Sector Perform Market WeightN/A
2/21/2024
WPM
Wheaton Precious Metals
DowngradeC$76.00Outperform Market Weight ➝ Sector Perform OverweightN/A
2/21/2024
WPM
Wheaton Precious Metals
Downgrade$56.00Outperform ➝ Sector PerformLow
2/20/2024
TRI
Thomson Reuters
DowngradeC$237.00Sector Perform Under Weight ➝ Underperform UnderweightN/A
2/20/2024
TRI
Thomson Reuters
Downgrade$173.00Sector Perform Under Weight ➝ Underperform UnderweightLow
2/15/2024
RGLD
Royal Gold
Upgrade$129.00Sector Perform ➝ OutperformLow
2/8/2024
LSPD
Lightspeed Commerce
Downgrade$15.00Outperform Market Weight ➝ Sector Perform Market WeightLow
2/7/2024
FTT
Finning International
UpgradeC$43.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
1/30/2024
BIP
Brookfield Infrastructure Partners
Downgrade$29.00Outperform ➝ Sector PerformLow
1/29/2024
DOL
Dollarama
DowngradeC$124.00Outperform Market Weight ➝ Sector Perform Market WeightN/A
1/24/2024
EFX
Enerflex
UpgradeC$7.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
1/18/2024
RCH
Richelieu Hardware
DowngradeC$39.00Outperform Market Weight ➝ Sector Perform Market WeightN/A
1/15/2024
ABX
Barrick Gold
Boost Price TargetC$23.00 C$29.00Sector PerformN/A
1/3/2024
BDT
Bird Construction
DowngradeC$21.00Outperform Market Weight ➝ Sector Perform Market WeightN/A
1/3/2024
AEM
Agnico Eagle Mines
Reiterated Rating$67.00Outperform OverweightLow
1/3/2024
AGI
Alamos Gold
Reiterated Rating$17.00Outperform OverweightLow
1/3/2024
CDE
Coeur Mining
Reiterated Rating$5.00Outperform Spec Market WeightLow
1/3/2024
CGAU
Centerra Gold
Reiterated Rating$7.00Outperform Spec OverweightLow
1/3/2024
EGO
Eldorado Gold
Reiterated Rating$15.00Outperform Spec OverweightLow
1/3/2024
EQX
Equinox Gold
Reiterated Rating$6.00Sector Perform Spec OverwgtN/A
1/3/2024
GOLD
Barrick Gold
Reiterated Rating$17.00Sector Perform OverweightLow
1/3/2024
HL
Hecla Mining
Reiterated Rating$6.00Outperform Market WeightLow
1/3/2024
IAG
IAMGOLD
Reiterated Rating$4.00Sector Perform Spec OverwgtLow
1/3/2024
KGC
Kinross Gold
Reiterated Rating$8.00Outperform OverweightLow
1/3/2024
NEM
Newmont
Reiterated Rating$41.00Outperform OverweightLow
1/3/2024
NG
NovaGold Resources
Reiterated Rating$4.00Outperform OverweightN/A
1/3/2024
NGD
New Gold
Reiterated Rating$2.00Sector Perform Spec OverwgtN/A
1/3/2024
SSRM
SSR Mining
Reiterated Rating$5.00Sector Perform OverweightLow
1/3/2024
ABX
Barrick Gold
Reiterated RatingC$23.00Sector Perform OverweightN/A
1/3/2024
AEM
Agnico Eagle Mines
Reiterated RatingC$92.00Outperform OverweightN/A
1/3/2024
AGI
Alamos Gold
Reiterated RatingC$23.00Outperform OverweightN/A
1/3/2024
CG
Centerra Gold
Reiterated RatingC$9.00Outperform Spec OverweightN/A
1/3/2024
ELD
Eldorado Gold
Reiterated RatingC$21.00Outperform Spec OverweightN/A
1/3/2024
EQX
Equinox Gold
Reiterated RatingC$8.00Sector Perform Spec OverwgtN/A
1/3/2024
IMG
IAMGOLD
Reiterated RatingC$5.00Sector Perform Spec OverwgtN/A
1/3/2024
K
Kinross Gold
Reiterated RatingC$11.00Outperform OverweightN/A
1/3/2024
NG
NovaGold Resources
Reiterated RatingC$5.00Outperform OverweightN/A
1/3/2024
NGD
New Gold
Reiterated RatingC$3.00Sector Perform Spec OverwgtN/A
1/3/2024
NGT
Newmont
Reiterated RatingC$57.00Outperform OverweightN/A
1/3/2024
OGC
OceanaGold
Reiterated RatingC$3.00Outperform OverweightN/A
12/20/2023
BMO
Bank of Montreal
Upgrade$95.00Sector Perform ➝ OutperformLow
12/20/2023
CM
Canadian Imperial Bank of Commerce
Upgrade$48.00Sector Perform ➝ OutperformLow
12/14/2023
MTAL
Metals Acquisition
Initiated Coverage$13.00 $14.00OutperformLow
12/13/2023
MTAL
Metals Acquisition
Reiterated Rating$13.00Outperform Spec Market WeightLow
12/8/2023
EQB
EQB
Reiterated RatingC$82.00Outperform Market WeightN/A
12/4/2023
RUS
Russel Metals
UpgradeC$38.00Sector Perform Market Weight ➝ Outperform Market WeightN/A
11/27/2023
ARMN
Aris Mining
Reiterated Rating$4.00Outperform Spec OverweightLow
11/21/2023
PDS
Precision Drilling
Downgrade$69.00Outperform ➝ Sector PerformLow
11/20/2023
CEU
CES Energy Solutions
DowngradeC$7.00Outperform Market Weight ➝ Sector Perform Market WeightN/A