Scotiabank Stock Recommendations and Price Targets

This is a list of recent ratings by Scotiabank.

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
4/15/2024
TRGP
Targa Resources
Boost Price Target$114.00$112.00 ➝ $128.00Sector Outperform ➝ Sector OutperformLow
4/15/2024
CCA
Cogeco Communications
Lower Price TargetC$56.00C$77.00 ➝ C$73.50Sector PerformN/A
4/15/2024
CJR.B
Corus Entertainment
Lower Price TargetC$1.00C$1.10 ➝ C$0.90Sector PerformN/A
4/15/2024
MTY
MTY Food Group
Lower Price TargetC$46.00C$55.00 ➝ C$50.00Sector PerformN/A
4/12/2024
KOF
Coca-Cola FEMSA
Upgrade$95.00Sector Perform ➝ Sector OutperformLow
4/12/2024
DND
Dye & Durham
Set Price TargetC$15.00 C$24.00OutperformN/A
4/11/2024
CVX
Chevron
Upgrade$158.00$170.00 ➝ $195.00Sector Perform ➝ Sector OutperformLow
4/11/2024
OXY
Occidental Petroleum
Upgrade$68.00$63.00 ➝ $90.00Sector Perform ➝ Sector OutperformLow
4/11/2024
EOG
EOG Resources
Downgrade$132.00$135.00 ➝ $155.00Sector Outperform ➝ Sector PerformLow
4/11/2024
MUR
Murphy Oil
Downgrade$46.00$46.00 ➝ $50.00Sector Outperform ➝ Sector PerformLow
4/11/2024
RRC
Range Resources
Downgrade$35.00$40.00 ➝ $45.00Sector Outperform ➝ Sector PerformLow
4/11/2024
SWN
Southwestern Energy
Downgrade$7.00$9.00 ➝ $9.50Sector Outperform ➝ Sector PerformLow
4/11/2024
EQT
EQT
Upgrade$37.00$40.00 ➝ $52.00Sector Perform ➝ Sector OutperformLow
4/11/2024
FSV
FirstService
Initiated Coverage$152.00$166.00 ➝ $170.00Sector Outperform ➝ Sector PerformLow
4/11/2024
PXD
Pioneer Natural Resources
Boost Price Target$269.00$230.00 ➝ $282.00Sector Perform ➝ Sector PerformLow
4/11/2024
MRO
Marathon Oil
Boost Price Target$29.00$35.00 ➝ $45.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
XOM
Exxon Mobil
Boost Price Target$120.00$114.00 ➝ $129.00Sector Perform ➝ Sector PerformLow
4/11/2024
FANG
Diamondback Energy
Boost Price Target$205.00$210.00 ➝ $255.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
DVN
Devon Energy
Boost Price Target$53.00$53.00 ➝ $67.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
CTRA
Coterra Energy
Boost Price Target$27.00$31.00 ➝ $35.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
COP
ConocoPhillips
Boost Price Target$130.00$120.00 ➝ $135.00Sector Perform ➝ Sector PerformLow
4/11/2024
BP
BP
Boost Price Target$39.00$45.00 ➝ $47.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
CVI
CVR Energy
Boost Price Target$35.00$25.00 ➝ $29.00Sector Underperform ➝ Sector UnderperformLow
4/11/2024
TTE
TotalEnergies
Boost Price Target$72.00$74.00 ➝ $86.00Sector Perform ➝ Sector PerformLow
4/11/2024
DAR
Darling Ingredients
Lower Price Target$43.00$73.00 ➝ $57.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
CLNE
Clean Energy Fuels
Lower Price Target$2.00$6.00 ➝ $5.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
VLO
Valero Energy
Boost Price Target$171.00$138.00 ➝ $165.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
PSX
Phillips 66
Boost Price Target$161.00$148.00 ➝ $156.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
PBF
PBF Energy
Boost Price Target$59.00$39.00 ➝ $56.00Sector Perform ➝ Sector PerformLow
4/11/2024
MPC
Marathon Petroleum
Boost Price Target$207.00$175.00 ➝ $207.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
DINO
HF Sinclair
Boost Price Target$59.00$58.00 ➝ $66.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
DK
Delek US
Boost Price Target$31.00$25.00 ➝ $27.00Sector Perform ➝ Sector PerformLow
4/11/2024
OPAL
OPAL Fuels
Lower Price Target$5.00$10.50 ➝ $8.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
MNTK
Montauk Renewables
Lower Price Target$4.00$9.00 ➝ $8.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
NFG
National Fuel Gas
Boost Price Target$53.00$67.00 ➝ $72.00Sector Outperform ➝ Sector OutperformLow
4/11/2024
CNX
CNX Resources
Boost Price Target$24.00$20.00 ➝ $25.00Sector Underperform ➝ Sector UnderperformLow
4/11/2024
CHK
Chesapeake Energy
Boost Price Target$88.00$92.00 ➝ $110.00Sector Perform ➝ Sector PerformLow
4/11/2024
AR
Antero Resources
Boost Price Target$29.00$26.00 ➝ $36.00Sector Perform ➝ Sector PerformLow
4/10/2024
BBD.B
Bombardier, Inc. Class B
Lower Price TargetC$57.00C$85.00 ➝ C$83.00OutperformN/A
4/10/2024
HRX
Héroux-Devtek
Boost Price TargetC$19.00C$21.00 ➝ C$22.50OutperformN/A
4/10/2024
MDA
MDA
Boost Price TargetC$14.00C$17.00 ➝ C$18.50OutperformN/A
4/9/2024
NEXA
Nexa Resources
Boost Price Target$7.00$4.50 ➝ $6.00Sector Underperform ➝ Sector UnderperformLow
4/9/2024
IE
Ivanhoe Electric
Lower Price Target$11.00$15.50 ➝ $14.50Sector Outperform ➝ Sector OutperformN/A
4/9/2024
FCX
Freeport-McMoRan
Boost Price Target$50.00$48.00 ➝ $55.00Sector Outperform ➝ Sector OutperformLow
4/8/2024
RSG
Republic Services
Initiated Coverage$187.00 $211.00Sector PerformLow
4/8/2024
PAGP
Plains GP
Initiated Coverage$18.00 $23.00Sector OutperformLow
4/8/2024
PAA
Plains All American Pipeline
Initiated Coverage$18.00 $23.00Sector OutperformLow
4/8/2024
SILV
SilverCrest Metals
Boost Price Target$7.00$7.00 ➝ $7.50Sector Outperform ➝ Sector OutperformN/A
4/8/2024
PAAS
Pan American Silver
Boost Price Target$19.00$19.50 ➝ $20.00Sector Outperform ➝ Sector OutperformLow
4/8/2024
NGD
New Gold
Boost Price Target$2.00$1.65 ➝ $2.00Sector Perform ➝ Sector PerformN/A
4/8/2024
FSM
Fortuna Silver Mines
Boost Price Target$5.00$4.00 ➝ $4.75Sector Perform ➝ Sector PerformLow
4/8/2024
SILV
SilverCrest Metals
Boost Price Target$7.00$7.00 ➝ $7.50Sector Outperform ➝ Sector OutperformN/A
4/5/2024
HUBS
HubSpot
Boost Price Target$638.00$650.00 ➝ $700.00Sector Outperform ➝ Sector OutperformLow
4/5/2024
DOL
Dollarama
Boost Price TargetC$113.00C$107.00 ➝ C$113.00N/A
4/4/2024
EPD
Enterprise Products Partners
Boost Price Target$29.00$31.00 ➝ $32.00Sector Outperform ➝ Sector OutperformLow
4/4/2024
ACLX
Arcellx
Reiterated Rating$57.00 $82.00OutperformLow
4/2/2024
SLG
SL Green Realty
Boost Price Target$50.00$40.00 ➝ $43.00Sector Underperform ➝ Sector UnderperformLow
4/2/2024
ASTS
AST SpaceMobile
Lower Price Target$2.00$7.50 ➝ $7.40Sector Outperform ➝ Sector OutperformLow
4/2/2024
AGF.B
AGF Management
Boost Price TargetC$8.00C$9.50 ➝ C$10.50N/A
4/2/2024
NVEI
Nuvei
Reiterated Rating$32.00 $34.00Sector Outperform ➝ Sector PerformLow
4/2/2024
KVYO
Klaviyo
Initiated Coverage$23.00 $30.00Sector PerformLow
4/1/2024
NXE
NexGen Energy
Initiated Coverage$8.00Sector OutperformLow
4/1/2024
NXE
NexGen Energy
Set Price TargetC$11.00 C$13.50OutperformN/A
3/28/2024
MAG
MAG Silver
Upgrade$12.00$15.00 ➝ $13.50Sector Perform ➝ Sector OutperformN/A
3/28/2024
BRZE
Braze
Lower Price Target$40.00$65.00 ➝ $58.00Sector Perform ➝ Sector PerformN/A
3/28/2024
AC
Air Canada
Lower Price TargetC$18.00C$30.00 ➝ C$29.00OutperformN/A
3/28/2024
LUG
Lundin Gold
Boost Price TargetC$18.00C$20.00 ➝ C$21.00Sector PerformN/A
3/27/2024
COLD
Americold Realty Trust
Initiated Coverage$23.00 $27.00Sector PerformLow
3/26/2024
ARGX
argenx
Boost Price Target$376.00$402.00 ➝ $408.00Sector Perform ➝ Sector PerformLow
3/26/2024
DOO
BRP
Lower Price TargetC$97.00C$109.00 ➝ C$105.00OutperformN/A
3/25/2024
CP
Canadian Pacific Kansas City
Reiterated Rating$86.00Sector Outperform ➝ Sector PerformLow
3/25/2024
TU
TELUS
Reiterated Rating$16.00$28.00 ➝ $26.00Sector Outperform ➝ Sector PerformLow
3/25/2024
ABSI
Absci
Reiterated Rating$5.00 $13.00OutperformLow
3/25/2024
BEI.UN
Boardwalk REIT
Lower Price TargetC$72.00C$82.00 ➝ C$80.25Sector PerformN/A
3/25/2024
CNR
Canadian National Railway
Boost Price TargetC$177.00C$173.00 ➝ C$184.00Sector PerformN/A
3/25/2024
CP
Canadian Pacific Kansas City
DowngradeC$118.00C$120.00 ➝ C$126.00Outperform ➝ Sector PerformN/A
3/25/2024
CAR.UN
Canadian Apartment Properties REIT
Lower Price TargetC$43.00C$55.00 ➝ C$53.75OutperformN/A
3/25/2024
DNTL
dentalcorp
Lower Price TargetC$7.00C$8.50 ➝ C$8.00OutperformN/A
3/25/2024
IIP.UN
Interrent Real Estate Investment Trust
Lower Price TargetC$12.00C$14.75 ➝ C$14.25OutperformN/A
3/25/2024
KMP.UN
Killam Apartment REIT
Lower Price TargetC$17.00C$21.00 ➝ C$20.50Sector PerformN/A
3/25/2024
MI.UN
Minto Apartment Real Estate Invt Trust
Lower Price TargetC$15.00C$19.25 ➝ C$18.75Sector PerformN/A
3/25/2024
T
TELUS
DowngradeC$22.00C$28.00 ➝ C$26.00Outperform ➝ Sector PerformN/A
3/25/2024
TFII
TFI International
Boost Price TargetC$214.00C$225.00 ➝ C$235.00OutperformN/A
3/22/2024
LAAC
Lithium Americas (Argentina)
Upgrade$5.00 $8.00Sector Perform ➝ Sector OutperformLow
3/22/2024
ATD
Alimentation Couche-Tard
Lower Price TargetC$76.00C$90.00 ➝ C$87.00OutperformN/A
3/22/2024
BDGI
Badger Infrastructure Solutions
Boost Price TargetC$48.00C$48.00 ➝ C$52.00Sector PerformN/A
3/21/2024
BYD
Boyd Group Services
Boost Price TargetC$274.00C$315.00 ➝ C$325.00OutperformN/A
3/18/2024
PSA
Public Storage
Boost Price Target$266.00$267.00 ➝ $270.00Sector Perform ➝ Sector PerformLow
3/18/2024
LAC
Lithium Americas
Downgrade$7.00$15.00 ➝ $7.00Sector Outperform ➝ Sector PerformLow
3/18/2024
BTO
B2Gold
Lower Price TargetC$4.00C$6.50 ➝ C$5.50OutperformN/A
3/15/2024
TWM
Tidewater Midstream and Infrastructure
Lower Price TargetC$1.00C$1.50 ➝ C$1.10N/A
3/14/2024
PATH
UiPath
Boost Price Target$19.00$29.00 ➝ $30.00Sector Perform ➝ Sector PerformLow
3/14/2024
ABSI
Absci
Initiated Coverage$5.00 $13.00Sector OutperformLow
3/14/2024
NAMS
NewAmsterdam Pharma
Initiated Coverage$20.00 $35.00Sector Outperform ➝ Sector OutperformLow
3/14/2024
TPST
Tempest Therapeutics
Initiated Coverage$3.00 $13.00Sector OutperformLow
3/14/2024
CTS
Converge Technology Solutions
Boost Price TargetC$5.00C$7.00 ➝ C$8.00N/A
3/14/2024
JWEL
Jamieson Wellness
Lower Price TargetC$26.00C$32.00 ➝ C$29.00N/A
3/13/2024
LIF
Labrador Iron Ore Royalty
Lower Price TargetC$30.00C$34.00 ➝ C$30.00N/A
3/12/2024
HCP
HashiCorp
Upgrade$23.00 $31.00Sector Perform ➝ Sector OutperformLow
3/12/2024
TBBB
BBB Foods
Initiated Coverage$20.00 $33.00Sector OutperformLow