Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
7/23/2021	IAG IAMGOLD	Lower Price Target	$2.00	$4.00 ➝ $3.00	Sector Perform	Low
7/23/2021	WIPKF Winpak	Lower Price Target	C$29.00	C$52.00 ➝ C$51.00	Outperform	N/A
7/23/2021	WPK Winpak	Lower Price Target	C$40.00	C$52.00 ➝ C$51.00		N/A
7/23/2021	BYDGF Boyd Group Services	Boost Price Target	C$192.00	C$245.00 ➝ C$265.00	Outperform	Low
7/23/2021	BYD Boyd Group Services	Boost Price Target	C$242.00	C$245.00 ➝ C$265.00		N/A
7/22/2021	GPAGF Gruma	Downgrade	$11.00		Outperform ➝ Sector Perform	Low
7/21/2021	EQB Equitable Group	Lower Price Target	C$140.00	C$157.00 ➝ C$156.00		N/A
7/20/2021	GSS Golden Star Resources	Downgrade	$2.00	$5.50 ➝ $5.00	Outperform ➝ Sector Perform	N/A
7/20/2021	FRRPF Fiera Capital	Boost Price Target	C$9.00	C$12.00 ➝ C$12.50	Sector Perform	Low
7/20/2021	MLLGF Mullen Group	Boost Price Target	C$10.00	C$14.25 ➝ C$15.00	Outperform	Low
7/20/2021	FSZ Fiera Capital	Boost Price Target	C$11.00	C$12.00 ➝ C$12.50	Sector Perform	N/A
7/20/2021	MTL Mullen Group	Boost Price Target	C$13.00	C$14.25 ➝ C$15.00		N/A
7/20/2021	CIXX CI Financial	Boost Price Target	C$18.00	C$24.00 ➝ C$26.00	Sector Perform	Medium
7/20/2021	CIX CI Financial	Boost Price Target	C$23.00	C$24.00 ➝ C$26.00	Sector Perform	N/A
7/20/2021	GCG.A Guardian Capital Group	Boost Price Target	C$34.00	C$40.00 ➝ C$42.00		N/A
7/20/2021	IGIFF IGM Financial	Boost Price Target	C$35.00	C$48.00 ➝ C$51.00	Sector Perform	Low
7/20/2021	APYRF Allied Properties Real Estate Investment Trust	Boost Price Target	C$36.00	C$48.00 ➝ C$51.00	Outperform	Low
7/20/2021	IGM IGM Financial	Boost Price Target	C$44.00	C$48.00 ➝ C$51.00	Sector Perform	N/A
7/20/2021	AP.UN Allied Properties Real Estate Investment	Boost Price Target	C$46.00	C$48.00 ➝ C$51.00		N/A
7/19/2021	WLYYF WELL Health Technologies	Initiated Coverage	$6.00	$10.00	Sector Perform	Medium
7/19/2021	WELL WELL Health Technologies	Set Price Target	C$7.00	C$10.00	Sector Perform	N/A
7/19/2021	TECK Teck Resources	Boost Price Target	C$21.00	C$35.00 ➝ C$36.00	Outperform	Low
7/19/2021	TECK.B Teck Resources	Boost Price Target	C$26.00	C$35.00 ➝ C$36.00		N/A
7/19/2021	YARIY Yara International ASA	Reiterated Rating	$26.00		Sector Perform	Low
7/19/2021	GIB CGI	Boost Price Target	C$92.00	C$114.00 ➝ C$124.00	Outperform	Low
7/19/2021	GIB.A CGI	Boost Price Target	C$116.00	C$114.00 ➝ C$124.00	Buy	N/A
7/16/2021	KPLUY KS Aktiengesellschaft	Reiterated Rating	$7.00		Outperform	Low
7/16/2021	SUUIF Superior Plus	Boost Price Target	C$12.00	C$15.00 ➝ C$16.00	Sector Perform	Medium
7/16/2021	SPB Superior Plus	Boost Price Target	C$16.00	C$15.00 ➝ C$16.00		N/A
7/16/2021	TMXXF TMX Group	Boost Price Target	C$107.00	C$151.00 ➝ C$155.00	Outperform	Low
7/16/2021	X TMX Group	Boost Price Target	C$135.00	C$151.00 ➝ C$155.00		N/A
7/15/2021	AOIFF Africa Oil	Boost Price Target	C$1.00	C$1.60 ➝ C$1.75	Sector Perform	Low
7/15/2021	CWEGF Crew Energy	Boost Price Target	C$2.00	C$1.75 ➝ C$3.25	Sector Perform	Low
7/15/2021	BTEGF Baytex Energy	Boost Price Target	C$2.00	C$2.25 ➝ C$2.75	Sector Perform	Medium
7/15/2021	CR Crew Energy	Boost Price Target	C$2.00	C$1.75 ➝ C$3.25		N/A
7/15/2021	BTE Baytex Energy	Boost Price Target	C$2.00	C$2.25 ➝ C$2.75		N/A
7/15/2021	KELTF Kelt Exploration	Boost Price Target	C$2.00	C$4.25 ➝ C$5.75	Outperform	High
7/15/2021	CNNEF Canacol Energy	Lower Price Target	C$3.00	C$6.00 ➝ C$5.50	Outperform	Low
7/15/2021	NUVSF NuVista Energy	Boost Price Target	C$3.00	C$2.75 ➝ C$6.00	Sector Perform	High
7/15/2021	KRRGF Karora Resources	Boost Price Target	C$3.00	C$5.75 ➝ C$6.00	Outperform	Low
7/15/2021	KEL Kelt Exploration	Boost Price Target	C$3.00	C$4.25 ➝ C$5.75		N/A
7/15/2021	NVA NuVista Energy	Boost Price Target	C$4.00	C$2.75 ➝ C$6.00		N/A
7/15/2021	AAVVF Advantage Energy	Boost Price Target	C$4.00	C$5.50 ➝ C$7.50	Outperform	High
7/15/2021	BIREF Birchcliff Energy	Boost Price Target	C$4.00	C$5.00 ➝ C$8.00	Outperform	Low
7/15/2021	KRR Karora Resources	Boost Price Target	C$4.00	C$5.75 ➝ C$6.00		N/A
7/15/2021	DALXF Spartan Delta	Boost Price Target	C$4.00	C$8.00 ➝ C$10.00	Outperform	Low
7/15/2021	AAV Advantage Energy	Boost Price Target	C$5.00	C$5.50 ➝ C$7.50		N/A
7/15/2021	SPGYF Whitecap Resources	Boost Price Target	C$4.00	C$7.00 ➝ C$7.50	Sector Perform	High
7/15/2021	BIR Birchcliff Energy	Boost Price Target	C$5.00	C$5.00 ➝ C$8.00		N/A
7/15/2021	SDE Spartan Delta	Boost Price Target	C$5.00	C$8.00 ➝ C$10.00		N/A
7/15/2021	PEYUF Peyto Exploration & Development	Boost Price Target	C$6.00	C$10.00 ➝ C$12.00	Outperform	High
7/15/2021	WCP Whitecap Resources	Boost Price Target	C$6.00	C$7.00 ➝ C$7.50		N/A
7/15/2021	IPCO International Petroleum	Boost Price Target	C$6.00	C$8.50 ➝ C$9.00		N/A
7/15/2021	ERF Enerplus	Boost Price Target	C$6.00	C$9.25 ➝ C$10.00	Sector Perform	High
7/15/2021	MEGEF MEG Energy	Boost Price Target	C$7.00	C$9.50 ➝ C$10.00	Sector Perform	High
7/15/2021	PEY Peyto Exploration & Development	Boost Price Target	C$7.00	C$10.00 ➝ C$12.00		N/A
7/15/2021	VET Vermilion Energy	Boost Price Target	C$7.00	C$11.50 ➝ C$12.50	Sector Perform	High
7/15/2021	FRHLF Freehold Royalties	Boost Price Target	C$7.00	C$10.00 ➝ C$11.00	Sector Perform	High
7/15/2021	CGAU Centerra Gold	Boost Price Target	C$7.00	C$10.50 ➝ C$11.00	Sector Perform	Low
7/15/2021	AETUF ARC Resources	Boost Price Target	C$8.00	C$15.00 ➝ C$19.00	Outperform	Low
7/15/2021	ERF Enerplus	Boost Price Target	C$8.00	C$9.25 ➝ C$10.00		N/A
7/15/2021	MEG MEG Energy	Boost Price Target	C$9.00	C$9.50 ➝ C$10.00		N/A
7/15/2021	CVE Cenovus Energy	Boost Price Target	C$8.00	C$13.00 ➝ C$14.00	Outperform	Medium
7/15/2021	FRU Freehold Royalties	Boost Price Target	C$9.00	C$10.00 ➝ C$11.00		N/A
7/15/2021	VET Vermilion Energy	Boost Price Target	C$9.00	C$11.50 ➝ C$12.50		N/A
7/15/2021	CG Centerra Gold	Boost Price Target	C$9.00	C$10.50 ➝ C$11.00		N/A
7/15/2021	ARX ARC Resources	Boost Price Target	C$10.00	C$15.00 ➝ C$19.00		N/A
7/15/2021	CVE Cenovus Energy	Boost Price Target	C$10.00	C$13.00 ➝ C$14.00		N/A
7/15/2021	PREKF PrairieSky Royalty	Boost Price Target	C$11.00	C$15.00 ➝ C$16.00	Sector Perform	High
7/15/2021	TPZEF Topaz Energy	Boost Price Target	C$13.00	C$21.00 ➝ C$23.00	Outperform	Low
7/15/2021	PRMRF Paramount Resources	Boost Price Target	C$13.00	C$15.00 ➝ C$19.00	Sector Perform	Low
7/15/2021	OR Osisko Gold Royalties	Lower Price Target	C$13.00	C$28.50 ➝ C$27.50	Outperform	Low
7/15/2021	PSK PrairieSky Royalty	Boost Price Target	C$14.00	C$15.00 ➝ C$16.00		N/A
7/15/2021	CVI CVR Energy	Downgrade	$13.00	$13.00	Sector Perform ➝ Sector Underperform	High
7/15/2021	POU Paramount Resources	Boost Price Target	C$16.00	C$15.00 ➝ C$19.00		N/A
7/15/2021	OR Osisko Gold Royalties	Lower Price Target	C$16.00	C$28.50 ➝ C$27.50		N/A
7/15/2021	PARXF Parex Resources	Boost Price Target	C$16.00	C$32.00 ➝ C$34.00	Outperform	Low
7/15/2021	PXT Parex Resources	Boost Price Target	C$20.00	C$32.00 ➝ C$34.00		N/A
7/15/2021	SU Suncor Energy	Boost Price Target	C$21.00	C$34.00 ➝ C$35.00	Outperform	Medium
7/15/2021	SU Suncor Energy	Boost Price Target	C$26.00	C$34.00 ➝ C$35.00		N/A
7/15/2021	TRMLF Tourmaline Oil	Boost Price Target	C$28.00	C$47.00 ➝ C$57.00	Outperform	Low
7/15/2021	IMO Imperial Oil	Boost Price Target	C$27.00	C$42.00 ➝ C$43.00	Sector Perform	N/A
7/15/2021	LNDNF Lundin Energy AB (publ)	Reiterated Rating	$30.00		Sector Perform	Low
7/15/2021	TOU Tourmaline Oil	Boost Price Target	C$35.00	C$47.00 ➝ C$57.00		N/A
7/15/2021	CNQ Canadian Natural Resources	Boost Price Target	C$33.00	C$50.00 ➝ C$52.00	Outperform	Medium
7/15/2021	IMO Imperial Oil	Boost Price Target	C$34.00	C$42.00 ➝ C$43.00		N/A
7/15/2021	ANCUF Alimentation Couche-Tard	Boost Price Target	C$39.00	C$56.00 ➝ C$59.00	Outperform	Low
7/15/2021	CNQ Canadian Natural Resources	Boost Price Target	C$41.00	C$50.00 ➝ C$52.00		N/A
7/15/2021	ATD.B Alimentation Couche-Tard	Boost Price Target	C$49.00	C$56.00 ➝ C$59.00		N/A
7/15/2021	XEC Cimarex Energy	Downgrade	$65.00	$67.00 ➝ $71.00	Sector Perform ➝ Sector Underperform	Low
7/15/2021	EOG EOG Resources	Downgrade	$73.00	$95.00	Sector Outperform ➝ Sector Perform	Low
7/14/2021	HZNOF Dexterra Group	Boost Price Target	C$5.00	C$8.50 ➝ C$9.00	Outperform	N/A
7/14/2021	DXT Dexterra Group	Boost Price Target	C$6.00	C$8.50 ➝ C$9.00		N/A
7/13/2021	BSRTF BSR Real Estate Investment Trust	Initiated Coverage	$13.00		Sector Perform	High
7/13/2021	STZHF Stelco	Boost Price Target	C$29.00	C$40.00 ➝ C$46.00	Outperform	N/A
7/13/2021	TRRSF Trisura Group	Boost Price Target	C$36.00	C$43.25 ➝ C$44.00	Outperform	Low
7/13/2021	STLC Stelco	Boost Price Target	C$37.00	C$40.00 ➝ C$46.00		N/A
7/13/2021	TSU Trisura Group	Set Price Target	C$46.00	C$44.00		N/A
7/13/2021	IFCZF Intact Financial	Boost Price Target	C$134.00	C$184.00 ➝ C$190.00	Outperform	Low
7/13/2021	IFC Intact Financial	Boost Price Target	C$169.00	C$184.00 ➝ C$190.00		N/A