TD Securities Stock Recommendations and Price Targets

This is a list of recent ratings by TD Securities.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
5/17/2022	TREVF Trevali Mining	Lower Price Target	C$1.00	C$2.00 ➝ C$0.90		Low
5/17/2022	TV Trevali Mining	Lower Price Target	C$1.00	C$0.90	Hold	N/A
5/16/2022	HDI Hardwoods Distribution	Boost Price Target	C$35.00	C$65.00 ➝ C$73.00	Buy	N/A
5/16/2022	ONEX Onex	Boost Price Target	C$73.00	C$110.00 ➝ C$115.00	Buy	N/A
5/16/2022	APR.UN Automotive Properties Real Est Invt TR	Lower Price Target	C$14.00	C$16.50 ➝ C$16.00	Buy	N/A
5/16/2022	HRUFF H&R Real Estate Investment Trust	Boost Price Target	C$10.00	C$15.50 ➝ C$17.00		Low
5/16/2022	ATSAF ATS Automation Tooling Systems	Lower Price Target	C$26.00	C$64.00 ➝ C$51.00		Low
5/16/2022	AI Atrium Mortgage Investment	Lower Price Target	C$13.00	C$15.00 ➝ C$14.00	Hold	N/A
5/16/2022	SANG Sangoma Technologies	Lower Price Target	C$9.00	C$33.00 ➝ C$25.00		Low
5/16/2022	SCL Shawcor	Upgrade	C$6.00	C$6.00 ➝ C$7.50	Hold ➝ Buy	N/A
5/16/2022	SAWLF Shawcor	Upgrade	$5.00		Hold ➝ Buy	High
5/16/2022	SIA Sienna Senior Living	Lower Price Target	C$14.00	C$18.00 ➝ C$17.50	Buy	N/A
5/16/2022	MOZ Marathon Gold	Lower Price Target	C$2.00	C$4.00 ➝ C$3.50	Speculative Buy	N/A
5/16/2022	LWSCF Sienna Senior Living	Lower Price Target	C$11.00	C$18.00 ➝ C$17.50		Low
5/16/2022	MGDPF Marathon Gold	Lower Price Target	C$2.00	C$4.00 ➝ C$3.50		Low
5/16/2022	AMIVF Atrium Mortgage Investment	Lower Price Target	C$9.00	C$15.00 ➝ C$14.00		N/A
5/16/2022	HR.UN H&R Real Estate Investment Trust	Boost Price Target	C$14.00	C$15.50 ➝ C$17.00	Buy	N/A
5/16/2022	ONEXF Onex	Boost Price Target	C$57.00	C$110.00 ➝ C$115.00		Low
5/16/2022	STC Sangoma Technologies	Lower Price Target	C$4.00	C$33.00 ➝ C$25.00	Buy	N/A
5/16/2022	HDIUF Hardwoods Distribution	Boost Price Target	C$27.00	C$64.00 ➝ C$73.00		Low
5/16/2022	CS Capstone Copper	Lower Price Target	C$5.00	C$9.00 ➝ C$7.50	Buy	N/A
5/16/2022	AQN Algonquin Power & Utilities	Lower Price Target	$14.00	$17.00 ➝ $16.50	Buy	Low
5/13/2022	DCBO Docebo	Lower Price Target	C$33.00	C$90.00 ➝ C$70.00		Low
5/13/2022	PAAS Pan American Silver	Lower Price Target	$22.00	$36.00 ➝ $30.00	Buy	Low
5/13/2022	EHMEF goeasy	Lower Price Target	C$81.00	C$220.00 ➝ C$215.00		Low
5/13/2022	CIX CI Financial	Lower Price Target	C$15.00	C$19.00 ➝ C$16.00	Hold	N/A
5/13/2022	XBC Xebec Adsorption	Lower Price Target	C$1.00	C$2.25 ➝ C$1.40	Hold	N/A
5/13/2022	STN Stantec	Lower Price Target	C$57.00	C$80.00 ➝ C$74.00	Buy	N/A
5/13/2022	WSPOF WSP Global	Lower Price Target	C$102.00	C$210.00 ➝ C$180.00		Low
5/13/2022	CADNF Cascades	Lower Price Target	C$8.00	C$14.00 ➝ C$10.50		Medium
5/13/2022	IAG iA Financial	Lower Price Target	C$66.00	C$94.00 ➝ C$90.00	Buy	N/A
5/13/2022	AG First Majestic Silver	Lower Price Target	C$8.00	C$20.00 ➝ C$12.00		Low
5/13/2022	IAFNF iA Financial	Lower Price Target	C$45.00	C$94.00 ➝ C$90.00		Low
5/13/2022	CROMF Crombie Real Estate Investment Trust	Lower Price Target	C$13.00	C$20.00 ➝ C$19.50		Low
5/13/2022	DCBO Docebo	Lower Price Target	C$43.00	C$90.00 ➝ C$70.00	Buy	N/A
5/13/2022	WSP WSP Global	Lower Price Target	C$136.00	C$210.00 ➝ C$180.00	Buy	N/A
5/13/2022	CRR.UN Crombie Real Estate Investment Trust	Lower Price Target	C$17.00	C$20.00 ➝ C$19.50	Buy	N/A
5/13/2022	ABSSF AirBoss of America	Lower Price Target	C$15.00	C$51.00 ➝ C$40.00		High
5/13/2022	FR First Majestic Silver	Lower Price Target	C$11.00	C$20.00 ➝ C$12.00	Hold	N/A
5/13/2022	SIS Savaria	Lower Price Target	C$14.00	C$22.00 ➝ C$19.00	Buy	N/A
5/13/2022	STN Stantec	Lower Price Target	C$44.00	C$80.00 ➝ C$74.00		Low
5/13/2022	ORLA Orla Mining	Lower Price Target	C$4.00	C$8.00 ➝ C$7.50		N/A
5/13/2022	GSY goeasy	Lower Price Target	C$115.00	C$220.00 ➝ C$215.00	Buy	N/A
5/13/2022	TF Timbercreek Financial	Lower Price Target	C$9.00	C$9.50 ➝ C$9.00	Hold	N/A
5/13/2022	BOS AirBoss of America	Lower Price Target	C$20.00	C$51.00 ➝ C$40.00	Buy	N/A
5/13/2022	CIXX CI Financial	Lower Price Target	C$12.00	C$19.00 ➝ C$16.00		Low
5/13/2022	SISXF Savaria	Lower Price Target	C$11.00	C$22.00 ➝ C$19.00		High
5/13/2022	BDT Bird Construction	Lower Price Target	C$8.00	C$12.50 ➝ C$10.50	Buy	N/A
5/13/2022	TBCRF Timbercreek Financial	Lower Price Target	C$7.00	C$9.50 ➝ C$9.00		N/A
5/13/2022	CAS Cascades	Lower Price Target	C$11.00	C$14.00 ➝ C$10.50	Hold	N/A
5/13/2022	BIRDF Bird Construction	Lower Price Target	C$6.00	C$12.50 ➝ C$10.50		N/A
5/13/2022	AT AcuityAds	Lower Price Target	C$3.00	C$6.00 ➝ C$4.25	Buy	N/A
5/13/2022	OLA Orla Mining	Lower Price Target	C$1.00	C$8.00 ➝ C$7.50	Buy	N/A
5/13/2022	ATY AcuityAds	Lower Price Target	C$2.00	C$6.00 ➝ C$4.25		Medium
5/13/2022	CESDF CES Energy Solutions	Boost Price Target	C$2.00	C$4.75 ➝ C$5.00		Low
5/13/2022	XEBEF Xebec Adsorption	Lower Price Target	C$1.00	C$2.25 ➝ C$1.40		High
5/12/2022	IFC Intact Financial	Boost Price Target	C$179.00	C$205.00 ➝ C$210.00	Buy	N/A
5/12/2022	ALS Altius Minerals	Lower Price Target	C$20.00	C$31.00 ➝ C$26.00	Buy	N/A
5/12/2022	INE Innergex Renewable Energy	Upgrade	C$17.00	C$21.00 ➝ C$19.00	Hold ➝ Buy	N/A
5/12/2022	RBA Ritchie Bros. Auctioneers	Boost Price Target	$62.00	$55.00 ➝ $58.00	Hold	Low
5/12/2022	EIFZF Exchange Income	Boost Price Target	C$35.00	C$49.00 ➝ C$59.00		Low
5/12/2022	SLF Sun Life Financial	Lower Price Target	C$63.00	C$76.00 ➝ C$72.00	Hold	N/A
5/12/2022	FORA VerticalScope	Lower Price Target	C$19.00	C$31.00 ➝ C$26.00	Buy	N/A
5/12/2022	BYD Boyd Group Services	Lower Price Target	C$147.00	C$220.00 ➝ C$200.00	Buy	N/A
5/12/2022	MFC Manulife Financial	Lower Price Target	C$18.00	C$37.00 ➝ C$34.00		Low
5/12/2022	LIMAF Linamar	Lower Price Target	C$39.00	C$83.00 ➝ C$80.00		Low
5/12/2022	WDOFF Wesdome Gold Mines	Lower Price Target	C$9.00	C$20.00 ➝ C$19.00		Low
5/12/2022	BYDGF Boyd Group Services	Lower Price Target	C$110.00	C$220.00 ➝ C$200.00		Low
5/12/2022	ATUSF Altius Minerals	Lower Price Target	C$15.00	C$31.00 ➝ C$26.00		Low
5/12/2022	MAXR Maxar Technologies	Lower Price Target	$29.00	$44.00 ➝ $43.00	Buy	High
5/12/2022	EDR Endeavour Silver	Lower Price Target	C$5.00	C$7.00 ➝ C$5.50	Hold	N/A
5/12/2022	LNR Linamar	Lower Price Target	C$53.00	C$83.00 ➝ C$80.00	Buy	N/A
5/12/2022	ERO Ero Copper	Lower Price Target	C$15.00	C$25.00 ➝ C$23.00	Buy	N/A
5/12/2022	HOT.UN American Hotel Income Properties REIT	Lower Price Target	C$4.00	C$4.75 ➝ C$4.00	Buy	N/A
5/12/2022	EXK Endeavour Silver	Lower Price Target	C$4.00	C$7.00 ➝ C$5.50		High
5/12/2022	SLF Sun Life Financial	Lower Price Target	C$49.00	C$76.00 ➝ C$72.00		Low
5/12/2022	SBB Sabina Gold & Silver	Lower Price Target	C$1.00	C$3.25 ➝ C$3.00	Speculative Buy	N/A
5/12/2022	BEI.UN Boardwalk REIT	Lower Price Target	C$50.00	C$70.00 ➝ C$68.00	Buy	N/A
5/12/2022	PWCDF Power Co. of Canada	Lower Price Target	C$27.00	C$50.00 ➝ C$45.00		Low
5/12/2022	TCW Trican Well Service	Boost Price Target	C$4.00	C$3.75 ➝ C$4.25	Hold	N/A
5/12/2022	EQB Equitable Group	Lower Price Target	C$61.00	C$85.00 ➝ C$80.00	Buy	N/A
5/12/2022	DXT Dexterra Group	Lower Price Target	C$6.00	C$11.50 ➝ C$9.00	Buy	N/A
5/12/2022	WDO Wesdome Gold Mines	Lower Price Target	C$11.00	C$20.00 ➝ C$19.00	Buy	N/A
5/12/2022	GSV Gold Standard Ventures	Lower Price Target	C$2.00	C$1.15 ➝ C$1.00	Speculative Buy	N/A
5/12/2022	STLJF Stella-Jones	Lower Price Target	C$27.00	C$56.00 ➝ C$50.00		Low
5/12/2022	SJ Stella-Jones	Lower Price Target	C$36.00	C$56.00 ➝ C$50.00	Action List Buy	N/A
5/12/2022	TCN Tricon Residential	Upgrade	$13.00	$18.00 ➝ $17.00	Hold ➝ Buy	High
5/12/2022	POW Power Co. of Canada	Lower Price Target	C$35.00	C$50.00 ➝ C$45.00	Buy	N/A
5/12/2022	EIF Exchange Income	Boost Price Target	C$46.00	C$49.00 ➝ C$59.00	Buy	N/A
5/12/2022	SWIR Sierra Wireless	Boost Price Target	$21.00	$19.00 ➝ $22.00	Hold	Medium
5/12/2022	TOLWF Trican Well Service	Boost Price Target	C$3.00	C$3.75 ➝ C$4.25		Medium
5/12/2022	CTSDF Converge Technology Solutions	Lower Price Target	C$5.00	C$12.00 ➝ C$8.50		Low
5/12/2022	SMMCF Summit Industrial Income REIT	Lower Price Target	C$14.00	C$25.00 ➝ C$24.00		N/A
5/12/2022	MAL Magellan Aerospace	Lower Price Target	C$8.00	C$11.00 ➝ C$10.50	Hold	N/A
5/12/2022	MFC Manulife Financial	Lower Price Target	C$23.00	C$37.00 ➝ C$34.00	Action List Buy	N/A
5/12/2022	GSV Gold Standard Ventures	Lower Price Target	C$0.00	C$1.15 ➝ C$1.00		N/A
5/12/2022	IIP.UN Interrent Real Estate Investment Trust	Lower Price Target	C$13.00	C$20.00 ➝ C$18.00	Buy	N/A
5/12/2022	ABST Absolute Software	Lower Price Target	$9.00	$13.00 ➝ $12.00	Buy	Medium
5/12/2022	CTS Converge Technology Solutions	Lower Price Target	C$7.00	C$12.00 ➝ C$8.50	Hold	N/A
5/12/2022	CTS Converge Technology Solutions	Lower Price Target	C$7.00	C$12.00 ➝ C$8.50	Hold	N/A