Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

DateCompany NameActionCurrent
Price
Price
Target
Rating
10/23/2026
ASTS
AST SpaceMobile
Upgrade$40.00$50.80 ➝ $55.70Sector Perform ➝ Sector Outperform
10/23/2026
WCN
Waste Connections
Reiterated Rating$186.00 $201.00Outperform ➝ Outperform
10/23/2026
FSV
FirstService
Reiterated Rating$144.00Outperform ➝ Outperform
10/23/2026
ALPKF
ALPEK
Downgrade$1.00Outperform ➝ Sector Perform
10/23/2026
MLLGF
Mullen Group
Set Price Target$22.00 $33.00
10/23/2026
RUMOF
Rumo
Upgrade$4.00Outperform
10/23/2026
FSV
FirstService
Boost Price Target$144.00$170.00 ➝ $175.00Sector Outperform ➝ Sector Outperform
10/23/2026
WCN
Waste Connections
Boost Price Target$186.00$193.00 ➝ $201.00Sector Outperform ➝ Sector Outperform
10/22/2026
META
Meta Platforms
Boost Price Target$643.00$600.00 ➝ $650.00Sector Perform ➝ Sector Perform
10/20/2026
RCI
Rogers Communication
Reiterated Rating$32.00Outperform ➝ Outperform
10/20/2026
T
TELUS
Lower Price TargetC$12.00C$17.00 ➝ C$15.25Sector Perform
10/20/2026
BCE
BCE
Lower Price TargetC$29.00C$40.00 ➝ C$36.50Sector Outperform
10/20/2026
RCI.A
Rogers Communications
Lower Price TargetC$47.00C$61.00 ➝ C$60.00Sector Outperform
10/20/2026
CCA
Cogeco Communications
Lower Price TargetC$54.00C$68.00 ➝ C$64.50Sector Perform
10/19/2026
VET
Vermilion Energy
Reiterated Rating$14.00Sector Perform ➝ Sector Perform
10/19/2026
TRMLF
Tourmaline Oil
Reiterated Rating$47.00Outperform ➝ Outperform
10/19/2026
DALXF
Spartan Delta
Reiterated Rating$11.00Outperform ➝ Outperform
10/19/2026
PREKF
PrairieSky Royalty
Reiterated Rating$26.00Sector Perform ➝ Sector Perform
10/19/2026
PARXF
Parex Resources
Reiterated Rating$22.00Sector Perform ➝ Sector Perform
10/19/2026
PRMRF
Paramount Resources
Reiterated Rating$24.00Sector Perform ➝ Sector Perform
10/19/2026
KELTF
Kelt Exploration
Reiterated Rating$8.00Outperform ➝ Outperform
10/19/2026
IPCFF
International Petroleum
Reiterated Rating$29.00Outperform ➝ Outperform
10/19/2026
IMO
Imperial Oil
Reiterated Rating$135.00Sector Perform ➝ Sector Perform
10/19/2026
CVE
Cenovus Energy
Reiterated Rating$33.00Outperform ➝ Outperform
10/19/2026
CNQ
Canadian Natural Resources
Reiterated Rating$55.00Sector Perform ➝ Sector Perform
10/19/2026
BTE
Baytex Energy
Reiterated Rating$5.00Outperform ➝ Outperform
10/19/2026
OVV
Ovintiv
Boost Price Target$72.00$75.00 ➝ $80.00Sector Outperform ➝ Sector Outperform
10/19/2026
VALE
Vale
Upgrade$12.00 $16.00Sector Perform ➝ Sector Outperform
10/16/2026
ATZ
Aritzia
Set Price TargetC$155.00 C$175.00Sector Outperform
10/15/2026
WJXFF
Wajax
Reiterated Rating$26.00Sector Perform ➝ Sector Perform
10/15/2026
WSPOF
WSP Global
Reiterated Rating$130.00Outperform ➝ Outperform
10/15/2026
TFII
TFI International
Reiterated Rating$112.00Outperform ➝ Outperform
10/15/2026
MLLGF
Mullen Group
Reiterated Rating$22.00Sector Perform ➝ Sector Perform
10/15/2026
HZNOF
Dexterra Group
Reiterated Rating$12.00Sector Perform ➝ Sector Perform
10/15/2026
CHRRF
Chorus Aviation
Reiterated Rating$22.00Outperform ➝ Outperform
10/15/2026
CESDF
CES Energy Solutions
Reiterated Rating$14.00Outperform ➝ Outperform
10/15/2026
BDRBF
Bombardier
Reiterated Rating$233.00Outperform ➝ Outperform
10/15/2026
ACDVF
Air Canada
Reiterated Rating$15.00Outperform ➝ Outperform
10/15/2026
TRGP
Targa Resources
Reiterated Rating$302.00 $319.00Outperform ➝ Outperform
10/15/2026
PAA
Plains All American Pipeline
Reiterated Rating$27.00 $28.00Outperform ➝ Outperform
10/15/2026
OKE
ONEOK
Reiterated Rating$96.00 $96.00Sector Perform ➝ Sector Perform
10/15/2026
LNG
Cheniere Energy
Set Price Target$299.00 $311.00
10/15/2026
KNTK
Kinetik
Reiterated Rating$56.00 $59.00Outperform ➝ Outperform
10/15/2026
DTM
DT Midstream
Set Price Target$124.00 $165.00
10/15/2026
WCN
Waste Connections
Set Price Target$186.00 $193.00
10/15/2026
RSG
Republic Services
Reiterated Rating$240.00 $236.00Sector Perform ➝ Sector Perform
10/15/2026
GFL
GFL Environmental
Lower Price Target$45.00$57.00 ➝ $55.00Sector Outperform
10/15/2026
TRZ
Transat A.T.
Lower Price TargetC$2.00C$1.65 ➝ C$1.25Sector Underperform
10/15/2026
AC
Air Canada
Lower Price TargetC$21.00C$37.50 ➝ C$33.00Sector Outperform
10/15/2026
NFI
NFI Group
Set Price TargetC$25.00 C$28.50Sector Outperform
10/15/2026
MTL
Mullen Group
Boost Price TargetC$29.00C$29.00 ➝ C$30.00Sector Perform
10/15/2026
CHR
Chorus Aviation
Boost Price TargetC$30.00C$33.50 ➝ C$37.00Sector Outperform
10/15/2026
CAE
CAE
Lower Price TargetC$35.00C$50.00 ➝ C$48.00Sector Outperform
10/15/2026
MTDR
Matador Resources
Initiated Coverage$60.00 $59.00Sector Perform
10/15/2026
RUS
Russel Metals
Set Price TargetC$88.00 C$113.00Sector Outperform
10/15/2026
TVK
TerraVest Industries
Boost Price TargetC$108.00C$129.00 ➝ C$130.00Sector Perform
10/15/2026
TFII
TFI International
Lower Price TargetC$157.00C$263.00 ➝ C$235.00Sector Outperform
10/15/2026
CNR
Canadian National Railway
Lower Price TargetC$172.00C$199.00 ➝ C$198.00Sector Outperform
10/15/2026
BBD.B
Bombardier, Inc. Class B
Lower Price TargetC$327.00C$380.00 ➝ C$370.00Sector Outperform
10/14/2026
TBN
Tamboran Resources
Initiated Coverage$30.00 $70.00Outperform
10/14/2026
RRC
Range Resources
Initiated Coverage$46.00 $42.00Sector Perform ➝ Sector Perform
10/14/2026
VNOM
Viper Energy
Initiated Coverage$47.00 $54.00Sector Outperform
10/14/2026
SM
SM Energy
Initiated Coverage$40.00 $39.00Sector Perform
10/14/2026
PR
Permian Resources
Initiated Coverage$26.00 $29.00Outperform ➝ Sector Outperform
10/14/2026
MUR
Murphy Oil
Initiated Coverage$44.00 $41.00Sector Perform ➝ Sector Perform
10/14/2026
EOG
EOG Resources
Initiated Coverage$163.00 $144.00Sector Perform ➝ Sector Perform
10/14/2026
NOG
Northern Oil and Gas
Initiated Coverage$28.00 $27.00Sector Perform
10/14/2026
INR
Infinity Natural Resources
Initiated Coverage$14.00 $17.00Sector Outperform
10/14/2026
DVN
Devon Energy
Initiated Coverage$51.00 $61.00Sector Perform ➝ Sector Outperform
10/14/2026
EQT
EQT
Initiated Coverage$56.00 $54.00Sector Perform ➝ Sector Perform
10/14/2026
EXE
Expand Energy
Initiated Coverage$93.00 $111.00Outperform ➝ Outperform
10/14/2026
MGY
Magnolia Oil & Gas
Initiated Coverage$26.00 $31.00Sector Outperform
10/14/2026
APA
APA
Initiated Coverage$52.00 $44.00Sector Perform ➝ Sector Perform
10/14/2026
GPOR
Gulfport Energy
Initiated Coverage$166.00 $217.00Sector Outperform
10/14/2026
AR
Antero Resources
Initiated Coverage$40.00 $46.00Outperform ➝ Sector Outperform
10/14/2026
CHRD
Chord Energy
Initiated Coverage$158.00 $192.00Sector Perform ➝ Sector Outperform
10/14/2026
FANG
Diamondback Energy
Initiated Coverage$206.00 $250.00Outperform ➝ Sector Outperform
10/14/2026
CNX
CNX Resources
Initiated Coverage$37.00 $34.00Sector Perform ➝ Sector Perform
10/14/2026
CRK
Comstock Resources
Initiated Coverage$14.00 $11.00Underperform
10/14/2026
CRGY
Crescent Energy
Initiated Coverage$14.00 $18.00Sector Outperform
10/14/2026
CRK
Comstock Resources
Upgrade$14.00Strong Sell
10/14/2026
CNX
CNX Resources
Upgrade$37.00Hold
10/14/2026
AR
Antero Resources
Upgrade$40.00Strong-Buy
10/14/2026
APA
APA
Upgrade$52.00Hold
10/14/2026
CHRD
Chord Energy
Upgrade$158.00Strong-Buy
10/13/2026
ERO
Ero Copper
Downgrade$30.00Sector Outperform ➝ Sector Perform
10/13/2026
PLD
Prologis
Upgrade$126.00 $150.00Sector Perform ➝ Sector Outperform
10/13/2026
ERO
Ero Copper
DowngradeC$42.00 C$55.00Sector Outperform ➝ Sector Perform
10/9/2026
ALHC
Alignment Healthcare
Set Price Target$8.00 $9.00
10/9/2026
BULL
Webull
Upgrade$6.00 $9.00Sector Perform ➝ Sector Outperform
10/9/2026
T
AT&T
Lower Price Target$21.00$27.50 ➝ $26.50Sector Perform ➝ Sector Perform
10/9/2026
VZ
Verizon Communications
Lower Price Target$45.00$51.50 ➝ $50.00Sector Outperform ➝ Sector Outperform
10/9/2026
TMUS
T-Mobile US
Lower Price Target$147.00$217.00 ➝ $212.00Sector Outperform ➝ Sector Outperform
10/8/2026
MDB
MongoDB
Reiterated Rating$371.00$440.00 ➝ $450.00Sector Outperform ➝ Sector Outperform
10/7/2026
IFCZF
Intact Financial
Reiterated Rating$189.00Outperform ➝ Outperform
10/7/2026
ZS
Zscaler
Boost Price Target$255.00$240.00 ➝ $255.00Sector Outperform ➝ Sector Outperform
10/6/2026
PFE
Pfizer
Boost Price Target$30.00$30.00 ➝ $33.00Outperform ➝ Outperform
10/6/2026
ATHOF
Athabasca Oil
Reiterated Rating$9.00Sector Perform ➝ Sector Perform
10/6/2026
ABBV
AbbVie
Boost Price Target$286.00$280.00 ➝ $320.00Outperform ➝ Outperform
10/6/2026
CVO
Coveo Solutions
UpgradeC$5.00Hold