Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
2/3/2023
BCE
BCE
Lower Price TargetC$62.00C$66.75 ➝ C$66.00N/A
2/3/2023
PXT
Parex Resources
Boost Price TargetC$23.00C$24.00 ➝ C$26.00N/A
2/2/2023
GIB
CGI
Boost Price TargetC$91.00C$135.00 ➝ C$140.00Low
2/2/2023
TRP
TC Energy
Lower Price TargetC$42.00C$67.00 ➝ C$66.00Low
2/2/2023
GIB.A
CGI
Boost Price TargetC$122.00C$135.00 ➝ C$140.00N/A
2/2/2023
GRT.UN
Granite Real Estate Investment Trust
Boost Price TargetC$86.00C$92.00 ➝ C$94.00N/A
2/2/2023
TRP
TC Energy
Lower Price TargetC$56.00C$67.00 ➝ C$66.00N/A
1/31/2023
FINGF
Finning International
Boost Price TargetC$28.00C$37.00 ➝ C$44.00Low
1/31/2023
TMTNF
Toromont Industries
Boost Price TargetC$79.00C$116.00 ➝ C$121.00Low
1/31/2023
WJXFF
Wajax
Boost Price TargetC$17.00C$25.00 ➝ C$27.00Low
1/31/2023
SHOP
Shopify
Initiated Coverage$53.00 $43.00Sector PerformLow
1/30/2023
EMN
Eastman Chemical
Downgrade$90.00$100.00 ➝ $90.00Sector Outperform ➝ Sector PerformLow
1/30/2023
EFRTF
Nexus Industrial REIT
Initiated Coverage$8.00OutperformLow
1/30/2023
NXR.UN
Nexus Industrial REIT
Initiated CoverageC$11.00 C$12.00BuyN/A
1/30/2023
GWLIF
Great-West Lifeco
Boost Price TargetC$27.00C$34.00 ➝ C$38.00Low
1/30/2023
IAFNF
iA Financial
Boost Price TargetC$61.00C$85.00 ➝ C$102.00N/A
1/30/2023
MFC
Manulife Financial
Boost Price TargetC$20.00C$27.00 ➝ C$34.00Low
1/30/2023
SLF
Sun Life Financial
Boost Price TargetC$50.00C$67.00 ➝ C$71.00Low
1/27/2023
ATSAF
ATS
Boost Price TargetC$41.00C$60.00 ➝ C$66.00Low
1/27/2023
EICCF
E Automotive
Boost Price TargetC$3.00C$5.00 ➝ C$6.00N/A
1/27/2023
EINC
E Automotive
Boost Price TargetC$4.00C$5.00 ➝ C$6.00N/A
1/25/2023
ALB
Albemarle
Reiterated Rating$287.00Sector PerformLow
1/25/2023
AGF.B
AGF Management
Boost Price TargetC$9.00C$8.50 ➝ C$8.75N/A
1/25/2023
CIX
CI Financial
Boost Price TargetC$17.00C$17.00 ➝ C$19.00N/A
1/25/2023
DFY
Definity Financial
Boost Price TargetC$35.00C$43.00 ➝ C$44.00N/A
1/25/2023
FFH
Fairfax Financial
Boost Price TargetC$863.00C$995.00 ➝ C$1,050.00N/A
1/25/2023
IGM
IGM Financial
Boost Price TargetC$42.00C$44.00 ➝ C$45.00N/A
1/25/2023
IFC
Intact Financial
Boost Price TargetC$195.00C$224.00 ➝ C$231.00N/A
1/25/2023
POW
Power Co. of Canada
Boost Price TargetC$36.00C$38.50 ➝ C$39.00N/A
1/25/2023
X
TMX Group
Lower Price TargetC$133.00C$165.00 ➝ C$164.00N/A
1/25/2023
AGFMF
AGF Management
Boost Price TargetC$7.00C$8.50 ➝ C$8.75Low
1/25/2023
CIXX
CI Financial
Boost Price TargetC$11.00C$17.00 ➝ C$19.00Low
1/25/2023
FRFHF
Fairfax Financial
Boost Price TargetC$644.00C$995.00 ➝ C$1,050.00Low
1/25/2023
IFCZF
Intact Financial
Boost Price TargetC$146.00C$224.00 ➝ C$231.00Low
1/25/2023
IGIFF
IGM Financial
Boost Price TargetC$32.00C$44.00 ➝ C$45.00Low
1/25/2023
PWCDF
Power Co. of Canada
Boost Price TargetC$27.00C$38.50 ➝ C$39.00Low
1/24/2023
KRC
Kilroy Realty
Downgrade$41.00$53.00 ➝ $43.00Sector Outperform ➝ Sector PerformLow
1/24/2023
MLLGF
Mullen Group
UpgradeC$10.00C$16.00 ➝ C$17.50Sector Perform ➝ OutperformLow
1/24/2023
CHRRF
Chorus Aviation
DowngradeC$3.00C$4.00 ➝ C$4.40Outperform ➝ Sector PerformLow
1/24/2023
ACDVF
Air Canada
Boost Price TargetC$17.00C$25.00 ➝ C$28.00Low
1/24/2023
ANDHF
Andlauer Healthcare Group
Boost Price TargetC$38.00C$53.00 ➝ C$55.00N/A
1/24/2023
CNI
Canadian National Railway
Boost Price TargetC$120.00C$159.00 ➝ C$170.00Low
1/24/2023
CP
Canadian Pacific Railway
Boost Price TargetC$79.00C$102.00 ➝ C$110.00Low
1/24/2023
CGJTF
Cargojet
Lower Price TargetC$98.00C$185.00 ➝ C$180.00Low
1/24/2023
EIFZF
Exchange Income
Boost Price TargetC$42.00C$60.00 ➝ C$64.00Low
1/24/2023
HERXF
Héroux-Devtek
Boost Price TargetC$11.00C$17.00 ➝ C$19.00N/A
1/24/2023
TFII
TFI International
Boost Price TargetC$119.00C$168.00 ➝ C$170.00Low
1/24/2023
WTSHF
Westshore Terminals Investment
Lower Price TargetC$19.00C$24.00 ➝ C$23.50N/A
1/23/2023
AFN
Ag Growth International
Boost Price TargetC$54.00C$55.00 ➝ C$65.00N/A
1/23/2023
AC
Air Canada
Boost Price TargetC$23.00C$25.00 ➝ C$28.00OutperformN/A
1/23/2023
ALA
AltaGas
Boost Price TargetC$25.00C$30.00 ➝ C$31.00N/A
1/23/2023
AND
Andlauer Healthcare Group
Boost Price TargetC$47.00C$53.00 ➝ C$55.00N/A
1/23/2023
CNR
Canadian National Railway
Set Price TargetC$161.00 C$170.00N/A
1/23/2023
CP
Canadian Pacific Railway
Boost Price TargetC$106.00C$102.00 ➝ C$110.00N/A
1/23/2023
CJT
Cargojet
Lower Price TargetC$131.00C$185.00 ➝ C$180.00N/A
1/23/2023
CHR
Chorus Aviation
DowngradeC$4.00C$4.00 ➝ C$4.40Outperform ➝ Sector PerformN/A
1/23/2023
EMA
Emera
Boost Price TargetC$54.00C$59.00 ➝ C$61.00N/A
1/23/2023
EIF
Exchange Income
Boost Price TargetC$55.00C$60.00 ➝ C$64.00N/A
1/23/2023
FTS
Fortis
Boost Price TargetC$55.00C$57.00 ➝ C$58.00N/A
1/23/2023
HRX
Héroux-Devtek
Boost Price TargetC$16.00C$17.00 ➝ C$19.00N/A
1/23/2023
H
Hydro One
Boost Price TargetC$36.00C$34.00 ➝ C$36.00N/A
1/23/2023
MTL
Mullen Group
UpgradeC$14.00C$16.00 ➝ C$17.50Sector Perform ➝ OutperformN/A
1/23/2023
TFII
TFI International
Boost Price TargetC$159.00C$168.00 ➝ C$170.00N/A
1/23/2023
WTE
Westshore Terminals Investment
Lower Price TargetC$25.00C$24.00 ➝ C$23.50N/A
1/23/2023
AGGZF
Ag Growth International
Boost Price TargetC$40.00C$55.00 ➝ C$65.00Low
1/23/2023
ATGFF
AltaGas
Boost Price TargetC$18.00C$30.00 ➝ C$31.00Low
1/23/2023
EMRAF
Emera
Boost Price TargetC$40.00C$59.00 ➝ C$61.00Low
1/23/2023
FTS
Fortis
Boost Price TargetC$41.00C$57.00 ➝ C$58.00Low
1/23/2023
HRNNF
Hydro One
Boost Price TargetC$27.00C$34.00 ➝ C$36.00Low
1/20/2023
GBOOY
Grupo Financiero Banorte
Downgrade$41.00Outperform ➝ Sector PerformLow
1/20/2023
CCL.B
CCL Industries
Lower Price TargetC$63.00C$75.00 ➝ C$73.00N/A
1/20/2023
KNT
K92 Mining Inc. (KNT.V)
Lower Price TargetC$8.00C$9.50 ➝ C$9.25N/A
1/20/2023
CCDBF
CCL Industries
Lower Price TargetC$47.00C$75.00 ➝ C$73.00Low
1/20/2023
KNTNF
K92 Mining
Lower Price TargetC$5.00C$9.50 ➝ C$9.25Low
1/19/2023
RUS
Russel Metals
Lower Price TargetC$33.00C$38.00 ➝ C$37.50N/A
1/19/2023
RUSMF
Russel Metals
Lower Price TargetC$24.00C$38.00 ➝ C$37.50Low
1/18/2023
S
SentinelOne
Initiated Coverage$16.00 $13.00Sector PerformLow
1/18/2023
SNOW
Snowflake
Initiated Coverage$163.00 $125.00Sector PerformLow
1/18/2023
OKTA
Okta
Initiated Coverage$77.00 $90.00OutperformLow
1/18/2023
PANW
Palo Alto Networks
Initiated Coverage$160.00 $155.00OutperformLow
1/18/2023
CRWD
CrowdStrike
Initiated Coverage$114.00 $132.00OutperformLow
1/18/2023
BDRBF
Bombardier
Boost Price TargetC$49.00C$55.00 ➝ C$75.00Low
1/18/2023
CXBMF
Calibre Mining
Boost Price TargetC$1.00C$1.50 ➝ C$1.75Low
1/18/2023
EQX
Equinox Gold
Boost Price TargetC$4.00C$6.00 ➝ C$6.50N/A
1/18/2023
GAU
Galiano Gold
Boost Price TargetC$1.00C$0.75 ➝ C$1.00N/A
1/18/2023
OR
Osisko Gold Royalties
Boost Price TargetC$13.00C$25.00 ➝ C$26.00Low
1/18/2023
RUPRF
Rupert Resources
Boost Price TargetC$4.00C$6.00 ➝ C$8.00Low
1/18/2023
SSRM
SSR Mining
Lower Price TargetC$16.00C$30.00 ➝ C$29.50Low
1/18/2023
SKE
Skeena Resources
Boost Price TargetC$6.00C$15.00 ➝ C$16.00Low
1/18/2023
TORXF
Torex Gold Resources
Boost Price TargetC$13.00C$19.00 ➝ C$22.00Low
1/17/2023
AMH
American Homes 4 Rent
Initiated Coverage$35.00 $36.00Sector OutperformLow
1/17/2023
INVH
Invitation Homes
Initiated Coverage$33.00 $30.00Sector PerformLow
1/17/2023
BIREF
Birchcliff Energy
Downgrade$6.00Outperform ➝ Sector PerformLow
1/17/2023
KELTF
Kelt Exploration
Downgrade$3.00Outperform ➝ Sector PerformLow
1/17/2023
NFG
National Fuel Gas
Downgrade$60.00$91.00 ➝ $85.00Sector Outperform ➝ Sector PerformLow
1/17/2023
COP
ConocoPhillips
Downgrade$108.00$145.00 ➝ $140.00Sector Outperform ➝ Sector PerformLow
1/17/2023
BP
BP
Upgrade$35.00$37.00 ➝ $42.00Sector Perform ➝ Sector OutperformLow
1/17/2023
XOM
Exxon Mobil
Upgrade$112.00$120.00 ➝ $135.00Sector Perform ➝ Sector OutperformLow
1/17/2023
AETUF
ARC Resources
Lower Price TargetC$11.00C$29.00 ➝ C$27.00Low
1/17/2023
AAVVF
Advantage Energy
Lower Price TargetC$6.00C$16.50 ➝ C$14.50Low