Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

DateCompany NameActionCurrent
Price
Price
Target
Rating
12/4/2025
RY
Royal Bank Of Canada
Reiterated Rating$161.00Outperform ➝ Outperform
12/4/2025
SNOW
Snowflake
Reiterated Rating$234.00Outperform ➝ Outperform
12/4/2025
BMY
Bristol Myers Squibb
Reiterated Rating$52.00$45.00 ➝ $53.00Sector Perform ➝ Sector Perform
12/4/2025
SNOW
Snowflake
Boost Price Target$234.00$280.00 ➝ $290.00Sector Outperform ➝ Sector Outperform
12/4/2025
PAC
Grupo Aeroportuario Del Pacifico
Reiterated Rating$229.00Sector Outperform ➝ Sector Perform
12/4/2025
ASR
Grupo Aeroportuario del Sureste
Upgrade$304.00Sector Perform ➝ Sector Outperform
12/4/2025
MRK
Merck & Co., Inc.
Boost Price Target$101.00$105.00 ➝ $120.00Sector Outperform ➝ Sector Outperform
12/4/2025
AP.UN
Allied Properties Real Estate Investment Trust
Lower Price TargetC$13.00C$18.00 ➝ C$15.75Sector Perform
12/4/2025
DSGX
The Descartes Systems Group
Lower Price Target$95.00$127.00 ➝ $115.00Sector Outperform ➝ Outperform
12/4/2025
NA
National Bank of Canada
Boost Price TargetC$172.00C$166.00 ➝ C$184.00Outperform
12/4/2025
RY
Royal Bank of Canada
Boost Price TargetC$224.00C$218.00 ➝ C$231.00Outperform
12/3/2025
LRCDF
Laurentian Bank of Canada
Reiterated Rating$29.00Sector Perform ➝ Sector Perform
12/3/2025
GBNXF
Gibson Energy
Reiterated Rating$19.00Sector Perform ➝ Sector Perform
12/3/2025
CRWD
CrowdStrike
Reiterated Rating$513.00Outperform ➝ Outperform
12/3/2025
OKTA
Okta
Lower Price Target$86.00$105.00 ➝ $85.00Sector Perform ➝ Sector Perform
12/3/2025
CRWD
CrowdStrike
Boost Price Target$513.00$600.00 ➝ $613.00Sector Outperform ➝ Sector Outperform
12/2/2025
MDB
MongoDB
Boost Price Target$397.00$320.00 ➝ $415.00Sector Perform ➝ Sector Perform
11/28/2025
GAU
Galiano Gold
UpgradeC$3.00Hold
11/28/2025
TPZ
Topaz Energy
UpgradeC$29.00Strong-Buy
11/28/2025
GAU
Galiano Gold
Upgrade$2.00Hold
11/28/2025
KPLUF
K+S Aktiengesellschaft
Upgrade$14.00Hold
11/27/2025
EMP.A
Empire
Lower Price TargetC$51.00C$58.00 ➝ C$57.00Outperform
11/26/2025
ANCTF
Alimentation Couche-Tard
Reiterated Rating$53.00Outperform ➝ Outperform
11/26/2025
ZS
Zscaler
Lower Price Target$242.00$334.00 ➝ $320.00Sector Outperform ➝ Sector Outperform
11/26/2025
ATD
Alimentation Couche-Tard
Boost Price TargetC$74.00C$84.00 ➝ C$88.00Outperform
11/26/2025
HR.UN
H&R Real Estate Investment Trust
Lower Price TargetC$10.00C$12.50 ➝ C$12.00Sector Perform
11/25/2025
TECK
Teck Resources
Reiterated Rating$45.00Sector Perform ➝ Sector Perform
11/25/2025
NTIOF
National Bank of Canada
Reiterated Rating$124.00Outperform ➝ Outperform
11/25/2025
EPRT
Essential Properties Realty Trust
Boost Price Target$31.00$33.00 ➝ $34.00Sector Perform ➝ Sector Perform
11/25/2025
OPMXF
Operadora de Sites Mexicanos
Upgrade$1.00Underperform ➝ Sector Perform
11/25/2025
EQB
EQB
Set Price TargetC$98.00 C$94.00Sector Perform
11/25/2025
BMO
Bank of Montreal
Set Price TargetC$177.00 C$179.00Sector Perform
11/25/2025
CM
Canadian Imperial Bank of Commerce
Boost Price TargetC$126.00C$121.00 ➝ C$123.00Outperform
11/25/2025
LB
Laurentian Bank of Canada
Set Price TargetC$40.00 C$33.00Sector Perform
11/25/2025
RY
Royal Bank of Canada
Set Price TargetC$224.00 C$218.00Outperform
11/25/2025
TECK.B
Teck Resources
Lower Price TargetC$63.00C$65.00 ➝ C$60.00Sector Perform
11/25/2025
TD
Toronto-Dominion Bank
Set Price TargetC$120.00 C$114.00Sector Perform
11/25/2025
NA
National Bank of Canada
Boost Price TargetC$172.00C$159.00 ➝ C$166.00Outperform
11/24/2025
ASTS
AST SpaceMobile
Upgrade$73.00 $45.60Sector Underperform ➝ Sector Perform
11/24/2025
FSM
Fortuna Mining
Upgrade$9.00$10.50 ➝ $11.00Sector Perform ➝ Outperform
11/24/2025
SQM
Sociedad Quimica y Minera
Reiterated Rating$61.00Sector Outperform ➝ Sector Outperform
11/24/2025
REGN
Regeneron Pharmaceuticals
Boost Price Target$723.00$650.00 ➝ $770.00Sector Perform ➝ Sector Perform
11/24/2025
FVI
Fortuna Silver Mines
UpgradeC$13.00Hold ➝ Strong-Buy
11/21/2025
ESTC
Elastic
Lower Price Target$74.00$90.00 ➝ $76.00Sector Perform ➝ Sector Perform
11/21/2025
NPIFF
Northland Power
Reiterated Rating$12.00Sector Perform ➝ Sector Perform
11/21/2025
CNX
CNX Resources
Boost Price Target$40.00$36.00 ➝ $40.00Sector Perform ➝ Sector Perform
11/21/2025
NPI
Northland Power
Lower Price TargetC$17.00C$24.00 ➝ C$23.00
11/21/2025
EQT
EQT
Lower Price Target$60.00$70.00 ➝ $67.00Sector Perform ➝ Sector Perform
11/20/2025
MTRAF
Metro
Reiterated Rating$71.00Outperform ➝ Outperform
11/20/2025
MRU
Metro
Boost Price TargetC$100.00C$108.00 ➝ C$110.00Outperform
11/20/2025
ES
Eversource Energy
Lower Price Target$67.00$64.00 ➝ $63.00Sector Underperform ➝ Sector Underperform
11/20/2025
WIX
Wix.com
Lower Price Target$103.00$255.00 ➝ $175.00Sector Outperform ➝ Sector Outperform
11/19/2025
FCX
Freeport-McMoRan
Upgrade$45.00$51.00 ➝ $47.00Sector Perform ➝ Sector Outperform
11/19/2025
BVN
Buenaventura Mining
Lower Price Target$25.00$27.50 ➝ $27.00Sector Perform ➝ Sector Perform
11/18/2025
MTY
MTY Food Group
Boost Price TargetC$38.00C$39.00 ➝ C$41.00
11/17/2025
WNGRF
George Weston
Reiterated Rating$69.00Sector Perform ➝ Sector Perform
11/17/2025
LWSCF
Sienna Senior Living
Reiterated Rating$15.00Outperform ➝ Outperform
11/17/2025
SGCFF
Sagicor Financial
Reiterated Rating$6.00Outperform ➝ Outperform
11/17/2025
CESDF
CES Energy Solutions
Reiterated Rating$9.00Outperform ➝ Outperform
11/17/2025
DEI
Douglas Emmett
Lower Price Target$12.00$18.00 ➝ $16.00Sector Outperform ➝ Sector Outperform
11/17/2025
SPB
Superior Plus
Lower Price TargetC$7.00C$10.00 ➝ C$8.50
11/17/2025
SIA
Sienna Senior Living
Boost Price TargetC$20.00C$20.00 ➝ C$22.50
11/14/2025
CHE.UN
Chemtrade Logistics Income Fund
DowngradeC$14.00C$15.00 ➝ C$17.00Outperform ➝ Sector Perform
11/13/2025
ATUSF
Altius Minerals
Downgrade$29.00Outperform ➝ Sector Perform
11/13/2025
NPIFF
Northland Power
Downgrade$12.00Outperform ➝ Sector Perform
11/13/2025
NPI
Northland Power
DowngradeC$17.00Strong-Buy ➝ Hold
11/13/2025
ALS
Altius Minerals
DowngradeC$40.00Strong-Buy ➝ Hold
11/13/2025
LAC
Lithium Americas
UpgradeC$8.00Strong Sell ➝ Hold
11/13/2025
REGN
Regeneron Pharmaceuticals
Initiated Coverage$723.00 $650.00Sector Perform
11/13/2025
VRTX
Vertex Pharmaceuticals
Initiated Coverage$457.00 $495.00Sector Outperform
11/13/2025
HL
Hecla Mining
Initiated Coverage$17.00 $15.00Sector Perform
11/13/2025
ABBV
AbbVie
Initiated Coverage$229.00 $280.00Sector Outperform
11/13/2025
BMY
Bristol Myers Squibb
Initiated Coverage$52.00 $45.00Sector Perform
11/13/2025
LLY
Eli Lilly and Company
Initiated Coverage$1,012.00 $1,165.00Sector Outperform
11/13/2025
JNJ
Johnson & Johnson
Initiated Coverage$202.00 $230.00Sector Outperform
11/13/2025
MRK
Merck & Co., Inc.
Initiated Coverage$101.00 $105.00Sector Outperform
11/13/2025
PFE
Pfizer
Initiated Coverage$26.00 $30.00Sector Outperform
11/13/2025
PAA
Plains All American Pipeline
Lower Price Target$18.00$20.00 ➝ $19.00Sector Outperform ➝ Sector Outperform
11/13/2025
OHI
Omega Healthcare Investors
Boost Price Target$46.00$42.00 ➝ $45.00Sector Perform ➝ Sector Perform
11/13/2025
KNTK
Kinetik
Lower Price Target$37.00$51.00 ➝ $45.00Sector Outperform ➝ Sector Outperform
11/13/2025
KIM
Kimco Realty
Lower Price Target$20.00$23.00 ➝ $22.00Sector Perform ➝ Sector Perform
11/13/2025
ET
Energy Transfer
Lower Price Target$17.00$23.00 ➝ $21.00Sector Outperform ➝ Sector Outperform
11/13/2025
LNG
Cheniere Energy
Lower Price Target$208.00$261.00 ➝ $257.00Sector Outperform ➝ Sector Outperform
11/13/2025
BRX
Brixmor Property Group
Lower Price Target$25.00$31.00 ➝ $30.00Sector Outperform ➝ Sector Outperform
11/13/2025
BXP
BXP
Boost Price Target$70.00$77.00 ➝ $81.00Sector Perform ➝ Sector Perform
11/13/2025
AHH
Armada Hoffler Properties
Lower Price Target$6.00$8.00 ➝ $7.00Sector Perform ➝ Sector Perform
11/13/2025
AHR
American Healthcare REIT
Boost Price Target$50.00$47.00 ➝ $55.00Sector Outperform ➝ Sector Outperform
11/13/2025
WELL
Welltower
Boost Price Target$204.00$182.00 ➝ $214.00Sector Outperform ➝ Sector Outperform
11/13/2025
VNO
Vornado Realty Trust
Lower Price Target$35.00$40.00 ➝ $38.00Sector Perform ➝ Sector Perform
11/13/2025
SPG
Simon Property Group
Boost Price Target$183.00$173.00 ➝ $186.00Sector Perform ➝ Sector Perform
11/13/2025
REG
Regency Centers
Boost Price Target$69.00$76.00 ➝ $78.00Sector Perform ➝ Sector Perform
11/13/2025
BTE
Baytex Energy
UpgradeC$4.00C$4.00 ➝ C$5.25Hold ➝ Outperform
11/13/2025
CAE
CAE
Boost Price TargetC$38.00C$46.50 ➝ C$49.00
11/13/2025
VG
Venture Global
Lower Price Target$7.00$13.00 ➝ $12.00Sector Perform ➝ Sector Perform
11/13/2025
CCL.B
CCL Industries
Boost Price TargetC$84.00C$91.00 ➝ C$94.00
11/13/2025
VTR
Ventas
Boost Price Target$80.00$74.00 ➝ $80.00Sector Perform ➝ Sector Perform
11/13/2025
MAC
Macerich
Boost Price Target$17.00$18.00 ➝ $19.00Sector Perform ➝ Sector Perform
11/13/2025
TRGP
Targa Resources
Lower Price Target$180.00$199.00 ➝ $198.00Sector Outperform ➝ Sector Outperform
11/13/2025
LAC
Lithium Americas
Upgrade$5.00Strong Sell ➝ Hold
11/13/2025
FTT
Finning International
Boost Price TargetC$74.00C$71.00 ➝ C$85.00