Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

DateCompany NameActionCurrent
Price
Price
Target
Rating
4/27/2026
DLR
Digital Realty Trust
Boost Price Target$196.00$195.00 ➝ $222.00Outperform ➝ Outperform
4/27/2026
ALPKF
ALPEK
Upgrade$1.00Outperform
4/27/2026
DLR
Digital Realty Trust
Boost Price Target$196.00$195.00 ➝ $222.00Sector Outperform ➝ Sector Outperform
4/24/2026
DKNG
DraftKings
Upgrade$24.00Outperform
4/24/2026
ALYA
Alithya Group
DowngradeC$1.00C$2.00 ➝ C$1.50Sector Outperform ➝ Sector Perform
4/24/2026
KD
Kyndryl
Reiterated Rating$14.00 $16.50Hold
4/24/2026
MTL
Mullen Group
Boost Price TargetC$20.00C$19.00 ➝ C$21.00Sector Perform
4/24/2026
CMCSA
Comcast
Boost Price Target$28.00$34.00 ➝ $36.00Sector Perform ➝ Sector Perform
4/24/2026
FCX
Freeport-McMoRan
Lower Price Target$61.00$71.00 ➝ $67.00Sector Perform ➝ Sector Perform
4/24/2026
MGA
Magna International
Upgrade$62.00$69.00 ➝ $72.00Sector Perform ➝ Sector Outperform
4/24/2026
LNR
Linamar
Lower Price TargetC$85.00C$99.00 ➝ C$96.00Sector Perform
4/24/2026
NEE
NextEra Energy
Boost Price Target$95.00$102.00 ➝ $110.00Sector Perform ➝ Sector Perform
4/24/2026
GIB.A
CGI
Lower Price TargetC$100.00C$140.00 ➝ C$120.00Sector Perform
4/24/2026
FSV
FirstService
Lower Price Target$147.00$205.00 ➝ $190.00Sector Outperform
4/23/2026
SCCO
Southern Copper
Reiterated Rating$178.00$125.00 ➝ $133.00Underperform ➝ Underperform
4/23/2026
RCI
Rogers Communication
Upgrade$37.00Hold ➝ Outperform
4/23/2026
ENIC
Enel Chile
Upgrade$4.00Strong-Buy
4/23/2026
DOC
Healthpeak Properties
Upgrade$16.00Hold
4/23/2026
AG
First Majestic Silver
Upgrade$21.00Hold
4/23/2026
AYA
Aya Gold & Silver
UpgradeC$24.00Strong-Buy
4/23/2026
T
AT&T
Lower Price Target$26.00$31.50 ➝ $31.00Sector Perform ➝ Sector Perform
4/23/2026
AG
First Majestic Silver
UpgradeC$28.00Hold
4/23/2026
BBUC
Brookfield Business
Upgrade$33.00Strong-Buy
4/23/2026
MG
Magna International
UpgradeC$85.00Hold ➝ Strong-Buy
4/23/2026
SCCO
Southern Copper
Boost Price Target$178.00$125.00 ➝ $133.00Sector Underperform ➝ Sector Underperform
4/22/2026
MNTK
Montauk Renewables
Lower Price Target$1.00$4.00 ➝ $2.00Sector Perform ➝ Sector Perform
4/22/2026
CGAU
Centerra Gold
Boost Price Target$19.00$19.00 ➝ $21.00Sector Outperform ➝ Sector Outperform
4/22/2026
PR
Permian Resources
Boost Price Target$21.00$21.00 ➝ $25.00Sector Outperform ➝ Sector Outperform
4/22/2026
CVI
CVR Energy
Boost Price Target$32.00$25.00 ➝ $28.00Sector Underperform ➝ Sector Underperform
4/22/2026
CTRA
Coterra Energy
Boost Price Target$34.00$31.00 ➝ $32.00Sector Perform ➝ Sector Perform
4/22/2026
APA
APA
Boost Price Target$38.00$26.00 ➝ $36.00Sector Perform ➝ Sector Perform
4/22/2026
PBF
PBF Energy
Boost Price Target$41.00$28.00 ➝ $34.00Sector Perform ➝ Sector Perform
4/22/2026
BP
BP
Boost Price Target$46.00$41.00 ➝ $58.00Sector Outperform ➝ Sector Outperform
4/22/2026
DVN
Devon Energy
Boost Price Target$48.00$41.00 ➝ $46.00Sector Perform ➝ Sector Perform
4/22/2026
OXY
Occidental Petroleum
Boost Price Target$57.00$46.00 ➝ $57.00Sector Perform ➝ Sector Perform
4/22/2026
DINO
HF Sinclair
Boost Price Target$62.00$53.00 ➝ $54.00Sector Perform ➝ Sector Perform
4/22/2026
MEOH
Methanex
Boost Price Target$61.00$60.00 ➝ $70.00Sector Outperform ➝ Sector Outperform
4/22/2026
DAR
Darling Ingredients
Boost Price Target$60.00$61.00 ➝ $70.00Sector Outperform ➝ Sector Outperform
4/22/2026
TTE
TotalEnergies
Boost Price Target$89.00$73.00 ➝ $97.00Sector Perform ➝ Sector Perform
4/22/2026
SHEL
Shell
Boost Price Target$87.00$91.00 ➝ $122.00Sector Outperform ➝ Sector Outperform
4/22/2026
COP
ConocoPhillips
Boost Price Target$122.00$100.00 ➝ $125.00Sector Perform ➝ Sector Perform
4/22/2026
EOG
EOG Resources
Boost Price Target$133.00$123.00 ➝ $139.00Sector Perform ➝ Sector Perform
4/22/2026
CHRD
Chord Energy
Boost Price Target$138.00$114.00 ➝ $135.00Sector Perform ➝ Sector Perform
4/22/2026
XOM
ExxonMobil
Boost Price Target$148.00$128.00 ➝ $163.00Sector Outperform ➝ Sector Outperform
4/22/2026
PSX
Phillips 66
Boost Price Target$164.00$140.00 ➝ $151.00Sector Perform ➝ Sector Perform
4/22/2026
CVX
Chevron
Boost Price Target$185.00$168.00 ➝ $187.00Sector Perform ➝ Sector Perform
4/22/2026
FANG
Diamondback Energy
Boost Price Target$196.00$175.00 ➝ $195.00Sector Outperform ➝ Sector Outperform
4/22/2026
MPC
Marathon Petroleum
Boost Price Target$227.00$174.00 ➝ $210.00Sector Outperform ➝ Sector Outperform
4/22/2026
VLO
Valero Energy
Boost Price Target$238.00$178.00 ➝ $226.00Sector Outperform ➝ Sector Outperform
4/21/2026
VET
Vermilion Energy
Reiterated Rating$13.00Sector Perform ➝ Sector Perform
4/21/2026
IPCFF
International Petroleum
Reiterated Rating$26.00Sector Perform ➝ Sector Perform
4/21/2026
BTE
Baytex Energy
Reiterated Rating$5.00Outperform ➝ Outperform
4/21/2026
ATHOF
Athabasca Oil
Reiterated Rating$8.00Sector Perform ➝ Sector Perform
4/21/2026
INTC
Intel
Initiated Coverage$85.00Sector Perform
4/21/2026
PLD
Prologis
Boost Price Target$140.00$146.00 ➝ $154.00Outperform ➝ Outperform
4/21/2026
EGO
Eldorado Gold
Lower Price Target$32.00$58.00 ➝ $56.00Sector Outperform ➝ Sector Outperform
4/21/2026
ES
Eversource Energy
Lower Price Target$69.00$66.00 ➝ $63.00Sector Underperform ➝ Sector Underperform
4/21/2026
CVLT
CommVault Systems
Initiated Coverage$88.00 $105.00Sector Perform
4/21/2026
PLD
Prologis
Boost Price Target$140.00$146.00 ➝ $154.00Sector Outperform ➝ Sector Outperform
4/20/2026
RBRK
Rubrik
Set Price Target$53.00 $70.00Sector Outperform
4/20/2026
NTR
Nutrien
Boost Price Target$72.00$70.00 ➝ $75.00Sector Perform ➝ Sector Perform
4/20/2026
MOS
Mosaic
Lower Price Target$23.00$35.00 ➝ $33.00Sector Perform ➝ Outperform
4/20/2026
RBRK
Rubrik
Initiated Coverage$53.00 $70.00Outperform
4/20/2026
CVLT
CommVault Systems
Upgrade$88.00Hold
4/20/2026
CF
CF Industries
Boost Price Target$124.00$85.00 ➝ $115.00Sector Perform ➝ Sector Perform
4/17/2026
FCXXF
First Capital Real Estate Investment Trust
Reiterated Rating$17.00Sector Perform ➝ Sector Perform
4/17/2026
PPRQF
Choice Properties Real Estate Investment Trust
Reiterated Rating$11.00Outperform ➝ Outperform
4/16/2026
SISXF
Savaria
Reiterated Rating$22.00Outperform ➝ Outperform
4/16/2026
LNG
Cheniere Energy
Boost Price Target$259.00$285.00 ➝ $288.00Outperform ➝ Outperform
4/16/2026
VG
Venture Global
Boost Price Target$12.00$11.00 ➝ $13.00Sector Perform ➝ Sector Perform
4/16/2026
LNG
Cheniere Energy
Boost Price Target$259.00$285.00 ➝ $288.00Sector Outperform ➝ Sector Outperform
4/14/2026
TECK
Teck Resources
Reiterated Rating$60.00Sector Perform ➝ Sector Perform
4/14/2026
CSCCF
Capstone Copper
Reiterated Rating$9.00Outperform ➝ Outperform
4/14/2026
JAN
JAN
Initiated Coverage$25.00 $28.00Sector Outperform
4/14/2026
FCX
Freeport-McMoRan
Lower Price Target$61.00$72.00 ➝ $71.00Sector Perform ➝ Sector Perform
4/14/2026
TECK.B
Teck Resources
Boost Price TargetC$82.00C$70.00 ➝ C$75.00
4/13/2026
WSPOF
WSP Global
Reiterated Rating$164.00Outperform ➝ Outperform
4/13/2026
MTYFF
MTY Food Group
Reiterated Rating$30.00Sector Perform ➝ Sector Perform
4/13/2026
AGFMF
AGF Management
Reiterated Rating$11.00Sector Perform ➝ Sector Perform
4/13/2026
OKE
ONEOK
Reiterated Rating$88.00Outperform ➝ Outperform
4/13/2026
TRGP
Targa Resources
Boost Price Target$241.00$246.00 ➝ $249.00Outperform ➝ Outperform
4/13/2026
CAS
Cascades
Lower Price TargetC$11.00C$16.75 ➝ C$14.50Outperform
4/13/2026
MTY
MTY Food Group
Lower Price TargetC$40.00C$46.00 ➝ C$45.00Sector Perform
4/13/2026
CCA
Cogeco Communications
Lower Price TargetC$63.00C$74.25 ➝ C$72.00Sector Perform
4/13/2026
OKE
ONEOK
Boost Price Target$88.00$91.00 ➝ $92.00Sector Outperform ➝ Sector Outperform
4/13/2026
WSP
WSP Global
Boost Price TargetC$225.00C$284.00 ➝ C$286.00Outperform
4/13/2026
TRGP
Targa Resources
Boost Price Target$241.00$246.00 ➝ $249.00Sector Outperform ➝ Sector Outperform
4/10/2026
CX
Cemex
Boost Price Target$12.00$13.90 ➝ $14.10Outperform ➝ Outperform
4/10/2026
TU
TELUS
Downgrade$12.00Outperform ➝ Sector Perform
4/10/2026
CX
Cemex
Boost Price Target$12.00$13.90 ➝ $14.10Sector Outperform ➝ Sector Outperform
4/10/2026
UTL
Unitil
Initiated Coverage$52.00 $57.00Sector Perform
4/9/2026
T
TELUS
DowngradeC$17.00Strong-Buy ➝ Hold
4/9/2026
MTL
Mullen Group
Boost Price TargetC$20.00C$18.50 ➝ C$19.00Sector Perform
4/9/2026
EMP.A
Empire
DowngradeC$47.00 C$52.00Outperform ➝ Sector Perform
4/9/2026
UTL
Unitil
Initiated Coverage$52.00 $57.00Sector Perform
4/9/2026
L
Loblaw Companies
DowngradeC$62.00 C$70.00Outperform ➝ Hold
4/9/2026
CP
Canadian Pacific Kansas City
Downgrade$87.00Strong-Buy ➝ Hold
4/9/2026
CJT
Cargojet
Lower Price TargetC$79.00C$118.00 ➝ C$115.00Outperform
4/9/2026
MRU
Metro
DowngradeC$91.00 C$103.00Outperform ➝ Hold
4/9/2026
CP
Canadian Pacific Kansas City
Boost Price TargetC$119.00C$120.00 ➝ C$122.00Strong-Buy ➝ Hold