Overview
Cenovus Energy Inc. is a Canadian integrated oil and natural gas company headquartered in Calgary, Alberta. The company operates within the energy sector, primarily focused on the development, production, and marketing of crude oil, natural gas liquids, and natural gas. A significant player in the Canadian oil sands, Cenovus Energy has key projects that include Foster Creek and Christina Lake, which are among the largest thermal in-situ oil sands developments in the region. Additionally, Cenovus Energy has made strategic acquisitions to enhance its footprint in both oil sands and conventional production areas. Leveraging advanced technology and sustainable practices, Cenovus aims to maximize value and efficiency in its operations while prioritizing environmental stewardship.
Basic Stats
The share price of Cenovus Energy Inc. as of September 5, 2025 is $22.11 / share. This is a decrease of -3.20% from the prior week. The market cap (or net worth) of Cenovus Energy Inc. as of September 5, 2025 is $39,890.04 MM.
The Factor Analysis chart (below right) shows a view of Cenovus Energy Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 39,890.04 MM |
| EV | 44,952.04 MM |
| Shares Out. | 1,804.16 MM |
| Earnings Date | |
| EPS (TTM) | 1.48 |
| Dividend Yield | 3.75 % |
| Ex-Dividend Date | 2025-09-15 |
| Borrow Rate | 0.94 |
| Short Shares Avail. | 10.00 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | -4.82 % |
| Volatility (1 yr) | 0.38 |
| Beta | 0.84 |
| Sharpe Ratio (1 yr) | -0.24 |
| Sortino Ratio (1 yr) | -0.36 |
| PE Ratio | 14.91 |
| Price/Book | 1.36 |
| Price/TBV | 1.51 |
| Book/Market | 0.74 |
| EBIT/EV | 0.07 |
| EBIT(3yr avg)/EV | 0.11 |
| ROA | 0.05 |
| ROE | 0.09 |
| ROIC | 0.07 |
| CROIC | -0.01 |
| OCROIC | 0.21 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 27.07 /100 |
| Profitability | 62.40 /100 |
| Quality Score | 76.04 /100 |
| Value Score | 86.66 /100 |
| Momentum Score | 76.40 /100 |
| Stability (Low Vol) Score | 57.66 /100 |
| Analyst Sentiment | 72.61 /100 |
| Fund Sentiment | 18.41 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | 69.68 /100 |
| QVM Score | |
| Piotroski F-SCORE | 5.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Cenovus Energy Inc. is $27.23. The forecasts range from a low of $19.19 to a high of $31.50. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Cenovus Energy Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-12-14 | RBC Royalbank | Upgrade | ||
| 2022-12-07 | TD Research | Buy | Maintains | |
| 2022-12-07 | Scotiabank Capital | Outperform | Maintains | |
| 2022-12-07 | Raymond James Capital | Outperform | Maintains | |
| 2022-11-21 | Credit Suisse | Outperform | Upgrade | |
| 2022-11-21 | ATB Capital | Upgrade | ||
| 2022-11-03 | TD Research | Buy | Maintains | |
| 2022-11-03 | STA Research | Underperform | Upgrade | |
| 2022-11-03 | Scotiabank Capital | Outperform | Maintains | |
| 2022-11-03 | RBC Royalbank | Outperform | Upgrade | |
| 2022-11-03 | Raymond James Capital | Outperform | Upgrade | |
| 2022-10-19 | STA Research | Underperform | Maintains | |
| 2022-10-19 | Jefferies Financial LLC | Buy | Initiate | |
| 2022-10-13 | Scotiabank Capital | Downgrade | ||
| 2022-09-30 | National Bank of Canada Financial | Outperform | Downgrade | |
| 2022-09-07 | STA Research | Underperform | Maintains | |
| 2022-09-07 | Scotiabank Capital | Outperform | Maintains | |
| 2022-08-31 | CIBC Capital Markets | Downgrade | ||
| 2022-08-11 | Credit Suisse | Outperform | Initiate | |
| 2022-08-09 | Scotiabank Capital | Outperform | Maintains | |
| 2022-07-29 | Scotiabank Capital | Outperform | Maintains | |
| 2022-07-29 | JP Morgan & Company | Upgrade | ||
| 2022-07-28 | TD Research | Buy | Maintains | |
| 2022-07-28 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-07-18 | National Bank of Canada Financial | Outperform | Downgrade | |
| 2022-07-11 | STA Research | Underperform | Maintains | |
| 2022-07-11 | JP Morgan & Company | Overweight | Upgrade | |
| 2022-07-08 | Credit Suisse | Outperform | Maintains | |
| 2022-06-16 | National Bank of Canada Financial | Outperform | Upgrade | |
| 2022-06-09 | STA Research | Underperform | Maintains | |
| 2022-06-09 | Scotiabank Capital | Speculative Buy | Upgrade | |
| 2022-06-09 | Credit Suisse | Buy | Upgrade | |
| 2022-06-09 | CIBC Capital Markets | Outperform | Upgrade | |
| 2022-06-01 | Scotiabank Capital | Outperform | Maintains | |
| 2022-06-01 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-05-18 | RBC Royalbank | Outperform | Maintains | |
| 2022-05-18 | Raymond James Capital | Outperform | Maintains | |
| 2022-05-18 | National Bank of Canada Financial | Sector Perform | Maintains | |
| 2022-05-18 | JP Morgan & Company | Overweight | Upgrade | |
| 2022-05-09 | Credit Suisse | Outperform | Upgrade | |
| 2022-04-28 | Scotiabank Capital | Outperform | Maintains | |
| 2022-04-28 | RBC Royalbank | Outperform | Upgrade | |
| 2022-04-28 | Raymond James Capital | Outperform | Initiate | |
| 2022-04-28 | BMO Financial | Outperform | Upgrade | |
| 2022-04-28 | ATB Capital | Outperform | Upgrade | |
| 2022-04-14 | National Bank of Canada Financial | Outperform | Downgrade | |
| 2022-04-12 | JP Morgan & Company | Overweight | Upgrade | |
| 2022-04-11 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-04-05 | Scotiabank Capital | Outperform | Maintains | |
| 2022-03-25 | Raymond James Capital | Outperform | Upgrade | |
| 2022-03-14 | Scotiabanck Capital | Outperform | Maintains | |
| 2022-03-14 | BMO Financial | Upgrade | ||
| 2022-03-08 | Scotiabank Capital | Outperform | Upgrade | |
| 2022-02-14 | Credit Suisse | Outperform | Upgrade | |
| 2022-02-09 | STA Research | Undeperform | Initiate | |
| 2022-02-09 | Scotiabank Capital | Outperform | Maintains | |
| 2022-02-09 | RBC Royalbank | Outperform | Downgrade | |
| 2022-02-09 | Raymond James Financial | Outperform | Initiate | |
| 2022-02-09 | BMO Financial | Outperform | Initiate | |
| 2022-02-08 | Tudor Pickering | Buy | Initiate | |
| 2022-01-28 | RBC Royalbank | Outperform | Upgrade | |
| 2022-01-27 | Citigroup | Buy | Upgrade | |
| 2022-01-21 | BMO Financial | Outperform | Initiate | |
| 2022-01-17 | RBC Royalbank | Buy | Initiate | |
| 2022-01-13 | Scotiabank Capitals | Outperform | Upgrade | |
| 2022-01-13 | CIBC Capital Markets | Outperform | Upgrade | |
| 2022-01-11 | Scotiabank Capital | Outperform | Upgrade | |
| 2022-01-06 | National Bank Financial | Outperform | Upgrade | |
| 2022-01-06 | Credit Suisse | Outperform | Upgrade | |
| 2021-12-23 | RBC Royal Bank | Outperform | Initiate | |
| 2021-12-20 | Scotiabank Capital | Outperform | Maintains | |
| 2021-12-20 | RBC Capital | Outperform | Initiate | |
| 2021-12-20 | Credit Suisse | Outperform | Initiate | |
| 2021-12-20 | CIBC Capital Markets | Outperform | Upgrade | |
| 2021-12-17 | Tudor Pickering | Buy | Initiate | |
| 2021-12-17 | Raymond James Financial | Outperform | Initiate | |
| 2021-12-09 | JP Morgan | Overweight | Upgrade | |
| 2021-12-09 | CIBC WM | Outperform | Maintains | |
| 2021-12-02 | ScotiaBankFinancial | Outperform | Maintains | |
| 2021-12-01 | Tudor Pickering | Buy | Upgrade | |
| 2021-12-01 | RBCRoyalBank | Outperform | Maintains | |
| 2021-12-01 | RaymondJamesFinancial | Outperform | Initiate | |
| 2021-12-01 | CIBC WM | Outperform | Maintains | |
| 2021-11-23 | ATBCapital | Outperform | Upgrade | |
| 2021-11-19 | ScotiaBankFinancial | Outperform | Upgrade | |
| 2021-11-18 | UBS | Buy | Upgrade | |
| 2021-11-08 | Credit Suisse | Outperform | Upgrade | |
| 2021-11-04 | TDNewcrest | Buy | Upgrade | |
| 2021-11-04 | RJ Financial | Outperform | Upgrade | |
| 2021-11-04 | JP Morgan | Overweight | Upgrade | |
| 2021-11-03 | Tudor Pickering | Hold | Initiate | |
| 2021-11-03 | RY Bank | Outperform | Maintains | |
| 2021-11-03 | CM Bank | Outperform | Maintains | |
| 2021-10-27 | ATB Capital | Outperform | Initiate | |
| 2021-10-20 | Citigroup | Upgrade | ||
| 2021-10-19 | Goldman Sachs | Buy | Upgrade | |
| 2021-10-18 | Raymond James Financial | Outperform | Upgrade | |
| 2021-10-18 | CIBC World Markets | Outperform | Maintains | |
| 2021-10-15 | Sbank | Outperform | Maintains | |
| 2021-10-15 | Credit Suisse | Outperform | Upgrade | |
| 2021-10-15 | CIBC World Markets | Upgrade | ||
| 2021-10-14 | Sbank | Upgrade | ||
| 2021-10-13 | Tudor Pickering | Buy | Upgrade | |
| 2021-10-12 | Goldman Sachs | Buy | Initiate | |
| 2021-10-07 | Morgan Stanley | Buy | Initiate | |
| 2021-09-29 | BMO Capital Markets | Outperform | Maintains | |
| 2021-09-28 | Raymond James Financial | Market Perform | Initiate | |
| 2021-09-28 | CIBC Wold Markets | Outperform | Upgrade | |
| 2021-09-27 | BMO Capital Markets | Upgrade | ||
| 2021-09-17 | RBC Capital | Outperform | Maintains | |
| 2021-09-16 | JPMorgan Chase | Buy | Maintains | |
| 2021-09-15 | JPMorgan Chase | Upgrade | ||
| 2021-09-09 | Raymond James Financial | Market Perform | Initiate | |
| 2021-08-17 | Goldman Sachs | Buy | Initiate | |
| 2021-07-30 | Tudor Pickering | Buy | Initiate | |
| 2021-07-30 | RBC Capital | Outperform | Upgrade | |
| 2021-07-30 | Raymond James Financial | Market Perform | Upgrade | |
| 2021-07-30 | JPMorgan Chase | Upgrade | ||
| 2021-07-29 | CIBC World Markets | Outperform | Maintains | |
| 2021-07-20 | Raymond James Financial | Market Perform | Initiate | |
| 2021-07-19 | National Bank Financial | Upgrade | ||
| 2021-07-19 | Credit Suisse | Upgrade | ||
| 2021-07-16 | Barclays | Upgrade | ||
| 2021-07-15 | Sbank | Upgrade | ||
| 2021-07-15 | Citigroup | Upgrade | ||
| 2021-07-14 | CIBC World Markets | Upgrade | ||
| 2021-06-30 | UBS | Buy | Maintains | |
| 2021-06-29 | RBC Capital | Outperform | Upgrade | |
| 2021-06-21 | BMO Capital Markets | Upgrade | ||
| 2021-06-17 | National Bank Financial | Outperform | Upgrade | |
| 2021-06-15 | UBS | Neutral | Buy | Upgrade |
| 2021-06-09 | Sbank | Outperform | Upgrade | |
| 2021-06-08 | JPMorgan Chase | Upgrade | ||
| 2021-06-02 | Credit Suisse | Upgrade | ||
| 2021-05-28 | Tudor Pickering | Buy | Maintains | |
| 2021-05-28 | Citigroup | Downgrade | ||
| 2021-05-19 | Tudor Pickering | Buy | Initiate | |
| 2021-05-11 | ATB Capital | Outperform | Downgrade | |
| 2021-05-10 | Raymond James Financial | Outperform | Initiate | |
| 2021-05-07 | Tudor Pickering | Buy | Upgrade | |
| 2021-05-07 | CIBC World Markets | Outperform | Maintains | |
| 2021-04-19 | Raymond James Financial | Outperform | Downgrade | |
| 2021-04-15 | Sbank | Outperform | Upgrade | |
| 2021-04-15 | Citigroup | Outperform | Upgrade | |
| 2021-04-13 | Tudor Pickering | Buy | Initiate | |
| 2021-03-17 | Raymond James Financial | Outperform | Upgrade | |
| 2021-03-15 | RBC Capital | Outperform | Initiate | |
| 2021-03-15 | BMO Capital Markets | Upgrade | ||
| 2021-02-20 | National Bank Financial | Outperform | Reiterate | |
| 2021-02-17 | Eight Capital | Upgrade | ||
| 2021-02-10 | RBC Capital | Buy | Initiate | |
| 2021-02-10 | Raymond James Financial | Market Perform | Maintains | |
| 2021-02-02 | JPMorgan Chase | Upgrade | ||
| 2021-01-29 | TD Securities | Buy | Downgrade | |
| 2021-01-29 | RBC Capital | Outperform | Initiate | |
| 2021-01-29 | National Bank Financial | Outperform | Downgrade | |
| 2021-01-28 | Tudor Pickering | Buy | Initiate | |
| 2021-01-25 | Citigroup | Upgrade | ||
| 2021-01-25 | ATB Capital | Outperform | Initiate | |
| 2021-01-15 | Sbank | Sector Perform | Maintains | |
| 2021-01-15 | Raymond James Financial | Market Perform | Upgrade | |
| 2021-01-15 | CIBC World Markets | Outperform | Initiate | |
| 2021-01-14 | Sbank | Upgrade | ||
| 2021-01-08 | UBS | Market Perform | Maintains | |
| 2021-01-07 | UBS | Upgrade | ||
| 2021-01-07 | TD Securities | Buy | Upgrade | |
| 2021-01-05 | Tudor Pickering | Buy | Maintains | |
| 2020-12-07 | Tudor Pickering | Hold | Buy | Upgrade |
| 2020-11-18 | RBC Capital | Outperform | Upgrade | |
| 2020-11-10 | Tudor Pickering | Hold | Initiate | |
| 2020-11-09 | TD Securities | Hold | Upgrade | |
| 2020-10-30 | BMO Capital Markets | Downgrade | ||
| 2020-10-29 | Citigroup | Downgrade | ||
| 2020-10-20 | Morgan Stanley | Downgrade | ||
| 2020-10-01 | JP Morgan | Neutral | Underweight | Downgrade |
| 2020-07-24 | TD Securities | Buy | Upgrade | |
| 2020-07-24 | Raymond James Financial | Market Perform | Upgrade | |
| 2020-07-15 | Raymond James Financial | Market Perform | Upgrade | |
| 2020-07-08 | Morgan Stanley | Upgrade | ||
| 2020-06-29 | BMO Capital Markets | Upgrade | ||
| 2020-06-24 | National Bank Financial | Outperform | Upgrade | |
| 2020-06-24 | Citigroup | Upgrade | ||
| 2020-06-11 | Sbank | Outperform | Sector Perform | Downgrade |
| 2020-06-08 | Tudor Pickering | Hold | Initiate | |
| 2020-06-05 | Goldman Sachs | Buy | Initiate | |
| 2020-04-29 | Citigroup | Downgrade | ||
| 2020-04-23 | National Bank Financial | Outperform | Upgrade | |
| 2020-04-22 | Raymond James Financial | Market Perform | Upgrade | |
| 2020-04-22 | CIBC World Markets | Downgrade | ||
| 2020-04-09 | Goldman Sachs | Buy | Initiate | |
| 2020-04-08 | Sbank | Downgrade | ||
| 2020-04-03 | Raymond James Financial | Market Perform | Initiate | |
| 2020-04-03 | National Bank Financial | Outperform | Downgrade | |
| 2020-04-02 | Credit Suisse | Downgrade | ||
| 2020-03-25 | Tudor Pickering | Buy | Hold | Downgrade |
| 2020-03-16 | RBC Capital | Downgrade | ||
| 2020-03-16 | Morgan Stanley | Downgrade | ||
| 2020-03-13 | TD Securities | Buy | Downgrade | |
| 2020-03-12 | Raymond James Financial | Market Perform | Downgrade | |
| 2020-03-11 | JPMorgan Chase | Downgrade | ||
| 2020-03-10 | National Bank Financial | Outperform | Downgrade | |
| 2020-03-10 | Canaccord Genuity | Downgrade | ||
| 2020-03-04 | JPMorgan Chase | Overweight | Neutral | Downgrade |
| 2020-02-13 | TD Securities | Buy | Downgrade | |
| 2020-02-13 | Raymond James Financial | Market Perform | Initiate | |
| 2020-02-13 | National Bank Financial | Outperform | Downgrade | |
| 2020-02-12 | Tudor Pickering | Buy | Initiate | |
| 2020-01-31 | National Bank Financial | Outperform | Downgrade | |
| 2020-01-14 | Sbank | Downgrade | ||
| 2020-01-14 | Canaccord Genuity | Upgrade | ||
| 2019-12-10 | Tudor Pickering | Buy | Initiate | |
| 2019-11-02 | Raymond James Financial | Market Perform | Initiate | |
| 2019-11-01 | Raymond James Financial | Market Perform | Reiterate | |
| 2019-10-23 | Morgan Stanley | Equal Weight | Underweight | Downgrade |
| 2019-10-18 | RBC Capital | Downgrade | ||
| 2019-10-15 | CIBC World Markets | Downgrade | ||
| 2019-10-08 | Citigroup | Upgrade | ||
| 2019-10-07 | AltaCorp Capital | Sector Perform | Outperform | Upgrade |
| 2019-10-03 | UBS | Neutral | Maintains | |
| 2019-10-03 | Tudor Pickering | Buy | Reiterate | |
| 2019-10-03 | Raymond James Financial | Market Perform | Initiate | |
| 2019-10-02 | National Bank Financial | Outperform | Upgrade | |
| 2019-09-26 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2019-09-19 | RBC Capital | Outperform | Upgrade | |
| 2019-08-29 | Credit Suisse | Downgrade | ||
| 2019-07-26 | Raymond James Financial | Market Perform | Initiate | |
| 2019-07-26 | National Bank Financial | Outperform | Upgrade | |
| 2019-07-26 | GMP Securities | Downgrade | ||
| 2019-07-26 | BMO Capital Markets | Upgrade | ||
| 2019-07-18 | RBC Capital | Downgrade | ||
| 2019-07-18 | CIBC World Markets | Neutral | Outperform | Upgrade |
| 2019-07-16 | National Bank Financial | Outperform | Downgrade | |
| 2019-07-09 | Canaccord Genuity | Downgrade | ||
| 2019-06-28 | GMP Securities | Downgrade | ||
| 2019-06-25 | National Bank Financial | Outperform | Downgrade | |
| 2019-06-20 | UBS | Downgrade | ||
| 2019-06-20 | Citigroup | Downgrade | ||
| 2019-06-14 | BMO Capital Markets | Downgrade | ||
| 2019-04-25 | Raymond James Financial | Upgrade | ||
| 2019-04-25 | JPMorgan Chase | Upgrade | ||
| 2019-04-16 | Goldman Sachs | Sell | Neutral | Upgrade |
| 2019-04-08 | National Bank Financial | Upgrade | ||
| 2019-02-14 | Raymond James Financial | Market Perform | Downgrade | |
| 2019-02-14 | National Bank Financial | Outperform | Upgrade | |
| 2019-02-14 | BMO Capital Markets | Outperform | Upgrade | |
| 2019-01-30 | Morgan Stanley | Downgrade | ||
| 2019-01-28 | Credit Suisse | Outperform | Initiate | |
| 2019-01-10 | Canaccord Genuity | Downgrade | ||
| 2019-01-10 | Barclays | Downgrade | ||
| 2018-12-13 | GMP Securities | Downgrade | ||
| 2018-12-12 | Raymond James Financial | Market Perform | Initiate | |
| 2018-12-11 | JPMorgan Chase | Downgrade | ||
| 2018-12-10 | National Bank Financial | Outperform | Downgrade | |
| 2018-11-22 | CIBC World Markets | Downgrade | ||
| 2018-11-20 | Morgan Stanley | Downgrade | ||
| 2018-11-20 | Canaccord Genuity | Downgrade | ||
| 2018-11-01 | TD Securities | Buy | Upgrade | |
| 2018-11-01 | Raymond James Financial | Market Perform | Initiate | |
| 2018-10-24 | Canaccord Genuity | Downgrade | ||
| 2018-10-22 | TD Securities | Hold | Buy | Upgrade |
| 2018-10-16 | Canaccord Genuity | Downgrade | ||
| 2018-10-14 | Morgan Stanley | Downgrade | ||
| 2018-10-12 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-10-05 | Raymond James Financial | Upgrade | ||
| 2018-10-05 | CIBC World Markets | Outperform | Initiate | |
| 2018-10-05 | CIBC | Outperformer | Initiate | |
| 2018-09-10 | JPMorgan Chase | Neutral | Outperform | Upgrade |
| 2018-09-07 | Goldman Sachs | Neutral | Sell | Downgrade |
| 2018-08-16 | Canaccord Genuity | Buy | Hold | Downgrade |
| 2018-08-02 | Macquarie | Underperform | Neutral | Upgrade |
| 2018-07-27 | TD Securities | Hold | Upgrade | |
| 2018-07-27 | RBC Capital | Outperform | Downgrade | |
| 2018-07-27 | National Bank Financial | Outperform | Downgrade | |
| 2018-07-11 | Credit Suisse | Upgrade | ||
| 2018-07-10 | Canaccord Genuity | Upgrade | ||
| 2018-07-05 | Raymond James Financial | Upgrade | ||
| 2018-05-31 | National Bank Financial | Sector Perform Overweight | Outperform Overweight | Upgrade |
| 2018-05-23 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-05-23 | Citigroup | Upgrade | ||
| 2018-05-17 | BMO Capital Markets | Market Perform | Outperform | Upgrade |
| 2018-05-17 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2018-05-14 | Canaccord Genuity | Upgrade | ||
| 2018-04-26 | National Bank Financial | Sector Perform | Downgrade | |
| 2018-04-26 | BMO Capital Markets | Market Perform | Upgrade | |
| 2018-04-24 | Raymond James Financial | Underperform | Market Perform | Upgrade |
| 2018-04-24 | Raymond James | Underperform | Market Perform | Upgrade |
| 2018-04-16 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-04-13 | Credit Suisse | Upgrade | ||
| 2018-04-11 | Canaccord Genuity | Downgrade | ||
| 2018-03-23 | National Bank Financial | Sector Perform | Downgrade | |
| 2018-03-07 | UBS | Neutral | Initiate | |
| 2018-02-16 | TD Securities | Hold | Downgrade | |
| 2018-01-11 | Eight Capital | Neutral | Initiate | |
| 2018-01-09 | National Bank Financial | Sector Perform | Upgrade | |
| 2017-12-15 | TD Securities | Hold | Upgrade | |
| 2017-12-11 | Citigroup | Upgrade | ||
| 2017-11-15 | Sbank | Outperform | Sector Perform | Downgrade |
| 2017-11-14 | CIBC World Markets | Upgrade | ||
| 2017-11-03 | TD Securities | Hold | Upgrade | |
| 2017-11-03 | JPMorgan Chase | Upgrade | ||
| 2017-11-03 | BMO Capital Markets | Upgrade | ||
| 2017-10-20 | National Bank Financial | Sector Perform | Upgrade | |
| 2017-10-13 | Morgan Stanley | Overweight | Maintains | |
| 2017-10-02 | CIBC World Markets | Upgrade | ||
| 2017-09-26 | National Bank Financial | Sector Perform | Upgrade | |
| 2017-09-26 | Canaccord Genuity | Upgrade | ||
| 2017-09-26 | Barclays | Overweight | Upgrade | |
| 2017-09-14 | JPMorgan Chase | Upgrade | ||
| 2017-09-06 | National Bank Financial | Sector Perform | Downgrade | |
| 2017-09-06 | Canaccord Genuity | Upgrade | ||
| 2017-08-21 | Credit Suisse | Outperform | Downgrade | |
| 2017-07-28 | Raymond James Financial | Underperform | Upgrade | |
| 2017-07-28 | National Bank Financial | Upgrade | ||
| 2017-07-20 | CIBC World Markets | Downgrade | ||
| 2017-06-30 | TD Securities | Buy | Hold | Maintains |
| 2017-06-27 | National Bank Financial | Sector Perform | Initiate | |
| 2017-06-21 | TD Securities | Buy | Maintains | |
| 2017-06-21 | Desjardins Securities | Buy | Maintains | |
| 2017-06-21 | CIBC World Markets | 13 | Maintains | |
| 2017-06-21 | BMO Capital Markets | Market Perform | Maintains | |
| 2017-05-26 | Credit Suisse | Outperform | Maintains | |
| 2017-05-24 | RBC Capital | Outperform | Maintains | |
| 2017-04-27 | TD Securities | Buy | Maintains | |
| 2017-04-11 | Barclays | 22 | Maintains | |
| 2017-04-07 | Desjardins Securities | 20 | Maintains | |
| 2017-04-07 | BMO Capital Markets | Market Perform | Maintains | |
| 2017-04-06 | RBC Capital | 23 | Maintains | |
| 2017-03-31 | Instinet | 18 | Maintains | |
| 2017-03-30 | Raymond James Financial | Market Perform | Maintains | |
| 2017-03-09 | Canaccord Genuity | Hold | Maintains | |
| 2017-02-17 | Sbank | Outperform | Maintains | |
| 2017-02-16 | Raymond James Financial | Market Perform | Maintains | |
| 2017-01-25 | CIBC World Markets | 24 | Maintains | |
| 2017-01-24 | Macquarie | Neutral | Underperform | Downgrade |
| 2017-01-23 | Goldman Sachs | Buy | Sell | Downgrade |
| 2016-12-13 | Edward Jones | Buy | Hold | Downgrade |
| 2016-12-09 | CIBC World Markets | 25 | Maintains | |
| 2016-10-28 | UBS | 22 | Maintains | |
| 2016-10-28 | Sbank | Outperform | Maintains | |
| 2016-10-28 | Raymond James Financial | 23 | Maintains | |
| 2016-10-12 | Raymond James Financial | 21 | Maintains | |
| 2016-08-19 | Bank of America | Neutral | Initiate | |
| 2016-08-11 | TD Securities | Buy | Hold | Maintains |
| 2016-07-29 | TD Securities | Buy | Maintains | |
| 2016-07-29 | Sbank | Outperform | Maintains | |
| 2016-07-29 | JP Morgan | Neutral | Maintains | |
| 2016-07-11 | JPMorgan Chase | 19 | Maintains | |
| 2016-06-28 | Desjardins Securities | 24 | Maintains | |
| 2016-06-13 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2016-06-06 | Raymond James Financial | 19 | Maintains | |
| 2016-04-28 | UBS | Neutral | Maintains | |
| 2016-04-28 | National Bank Financial | Outperform | Maintains | |
| 2016-04-28 | CIBC World Markets | 23 | Maintains | |
| 2016-04-28 | Barclays | Underweight | Maintains | |
| 2016-04-21 | Barclays | 19 | Maintains | |
| 2016-04-15 | CIBC World Markets | 20 | Maintains | |
| 2016-04-08 | Barclays | 18 | Maintains | |
| 2016-03-11 | Goldman Sachs | Buy | Maintains | |
| 2016-02-16 | TD Securities | Buy | Maintains | |
| 2016-02-12 | Citigroup | 15.5 | Maintains | |
| 2016-02-12 | BMO Capital Markets | At Market Perform | Maintains | |
| 2016-01-26 | UBS | Buy | Neutral | Downgrade |
| 2016-01-26 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2016-01-21 | Nomura | Reduce | Neutral | Upgrade |
| 2016-01-18 | RBC Capital | Outperform | Maintains | |
| 2016-01-12 | Raymond James Financial | 20 | Maintains | |
| 2016-01-12 | Barclays | 17 | Maintains | |
| 2015-12-15 | JP Morgan | Neutral | Maintains | |
| 2015-12-14 | First Energy | Outperform | Maintains | |
| 2015-12-11 | RBC Capital | Outperform | Maintains | |
| 2015-12-11 | BMO Capital Markets | At Market Perform | Maintains | |
| 2015-12-01 | Goldman Sachs | Sell | Neutral | Upgrade |
| 2015-10-30 | Sbank | Sector Outperform | Maintains | |
| 2015-10-19 | BMO Capital Markets | 23 | Maintains | |
| 2015-10-12 | Barclays | Equal-Weight | Underweight | Downgrade |
| 2015-09-15 | Citigroup | Neutral | Maintains | |
| 2015-09-08 | Raymond James Financial | Outperform | Maintains | |
| 2015-07-07 | JPMorgan Chase | 23 | Maintains | |
| 2015-07-07 | Barclays | 23 | Maintains | |
| 2015-07-06 | Citigroup | Neutral | Maintains | |
| 2015-07-03 | RBC Capital | 26 | Maintains | |
| 2015-05-29 | JPMorgan Chase | Neutral | Maintains | |
| 2015-05-28 | JP Morgan | Neutral | Maintains | |
| 2015-05-05 | National Bank Financial | 24 | Maintains | |
| 2015-04-24 | UBS | Buy | Initiate | |
| 2015-04-22 | Nomura | Initiate | ||
| 2015-04-14 | GMP Securities | Hold | Initiate | |
| 2015-04-09 | Credit Suisse | Neutral | Maintains | |
| 2015-04-08 | Raymond James Financial | 27 | Maintains | |
| 2015-03-04 | TD Securities | Hold | Buy | Upgrade |
| 2015-03-04 | CIBC World Markets | Sector Perform | Maintains | |
| 2015-02-13 | RBC Capital | Outperform | Outperform | Maintains |
| 2015-02-13 | National Bank Financial | Sector Perform | Maintains | |
| 2015-02-02 | Sbank | 27 | Maintains | |
| 2015-01-26 | Bank of America | Buy | Neutral | Downgrade |
| 2014-12-17 | First Energy | 25 | Maintains | |
| 2014-12-12 | TD Securities | Hold | Maintains | |
| 2014-12-12 | Societe Generale | Hold | Maintains | |
| 2014-12-12 | National Bank Financial | Sector Perform | Maintains | |
| 2014-12-12 | CIBC World Markets | Sector Perform | Maintains | |
| 2014-12-05 | Raymond James Financial | Outperform | Maintains | |
| 2014-12-04 | CIBC World Markets | Sector Perform | Maintains | |
| 2014-10-30 | Societe Generale | Hold | Maintains | |
| 2014-10-29 | National Bank Financial | Sector Perform | Maintains | |
| 2014-10-24 | TD Securities | 31 | Maintains | |
| 2014-10-10 | CIBC World Markets | 34.5 | Maintains | |
| 2014-10-06 | National Bank Financial | Sector Perform | Maintains | |
| 2014-10-01 | Citigroup | Buy | Maintains | |
| 2014-09-26 | Societe Generale | Buy | Hold | Maintains |
| 2014-09-16 | AltaCorp Capital | Sector Perform | Initiate | |
| 2014-07-31 | TD Securities | Hold | Maintains | |
| 2014-07-31 | National Bank Financial | 37 | Maintains | |
| 2014-07-25 | Barclays | Outperform | Equal Weight | Maintains |
| 2014-07-17 | CIBC World Markets | Sector Perform | Maintains | |
| 2014-07-17 | CIBC | Sector Perform | Maintains | |
| 2014-07-08 | Cormark Securities | Buy | Market Perform | Downgrade |
| 2014-05-02 | Macquarie Research | Outperform | Neutral | Maintains |
| 2014-05-01 | National Bank Financial | Outperform | Sector Perform | Maintains |
| 2014-05-01 | CIBC World Markets | Sector Perform | Maintains | |
| 2014-04-29 | Seaport Global | Buy | Neutral | Downgrade |
| 2014-04-15 | CIBC World Markets | Sector Perform | Maintains | |
| 2014-04-11 | Raymond James Financial | Outperform | Maintains | |
| 2014-03-25 | Morgan Stanley | Equal-Weight | Initiate | |
| 2014-03-19 | Morgan Stanley | Equal-Weight | Initiate | |
| 2014-03-12 | Cormark Securities | Market Perform | Buy | Upgrade |
| 2014-02-18 | TD Securities | 35 | Maintains | |
| 2014-02-18 | First Energy | Outperform | Maintains | |
| 2014-02-14 | Sbank | Sector Outperform | Maintains | |
| 2014-02-14 | RBC Capital | Outperform | Maintains | |
| 2014-02-14 | Canaccord Genuity | Buy | Hold | Downgrade |
| 2014-02-03 | Scotiabank | Outperform | Maintains | |
| 2014-01-27 | Raymond James Financial | Outperform | Maintains | |
| 2014-01-06 | Cormark Securities | Buy | Market Perform | Downgrade |
| 2013-10-25 | TD Securities | 38 | Maintains | |
| 2013-10-25 | Global Hunter | Buy | Maintains | |
| 2013-10-25 | Canaccord Genuity | Buy | Maintains | |
| 2013-10-11 | BMO Capital Markets | 37 | Maintains | |
| 2013-07-25 | TD Securities | 40 | Maintains | |
| 2013-07-25 | RBC Capital | Outperform | Maintains | |
| 2013-07-25 | BMO Capital Markets | Outperform | Maintains | |
| 2013-07-22 | Canaccord Genuity | Buy | Maintains | |
| 2013-06-06 | Global Hunter Securities | Buy | Initiate | |
| 2013-04-25 | TD Securities | Hold | Buy | Upgrade |
| 2013-04-22 | CIBC World Markets | Sector Perform | Maintains | |
| 2013-04-22 | Canaccord Genuity | Buy | Maintains | |
| 2013-04-11 | BMO Capital Markets | 39 | Maintains | |
| 2013-02-15 | RBC Capital | Outperform | Maintains | |
| 2013-02-15 | CIBC World Markets | Sector Outperform | Maintains | |
| 2013-02-15 | BMO Capital | Outperform | Maintains | |
| 2013-01-22 | Canaccord Genuity | 41 | Maintains | |
| 2013-01-08 | TD Securities | Buy | Maintains | |
| 2012-08-30 | Barclays | Equal-Weight | Overweight | Upgrade |
| 2012-06-29 | Societe Generale | Hold | Upgrade | |
| 2023-04-17 | DESJARDINS SECURITIES | Hold | Buy | Upgrade |
| 2023-04-16 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-04-14 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-04-14 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-04-13 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-04-05 | CREDIT SUISSE | Neutral | Outperform | Upgrade |
| 2023-03-29 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-02-16 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-01-16 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2022-08-09 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2022-06-13 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2021-12-02 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-08-20 | VERITAS INVESTMENT RESEARCH | Sell | Buy | Upgrade |
| 2021-07-11 | CREDIT SUISSE | Neutral | Neutral | Maintains |
| 2021-06-09 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2021-06-09 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2021-05-10 | VERITAS INVESTMENT RESEARCH | Sell | Sell | Maintains |
| 2021-02-09 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
| 2020-07-27 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-06-04 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-06-04 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-05-25 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-04-26 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-04-26 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-04-25 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-04-25 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-04-25 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-04-12 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-04-04 | CREDIT SUISSE | Neutral | Outperform | Upgrade |
| 2023-01-15 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2022-08-08 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2022-06-12 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2021-12-01 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-08-19 | VERITAS INVESTMENT RESEARCH | Sell | Buy | Upgrade |
| 2021-07-10 | CREDIT SUISSE | Neutral | Neutral | Maintains |
| 2021-06-08 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2021-06-08 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2021-05-09 | VERITAS INVESTMENT RESEARCH | Sell | Sell | Maintains |
| 2023-08-27 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-20 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-08-15 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-09 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-07-30 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-07-27 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-07-26 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-07-26 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-10 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-07-31 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-07-28 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-07-27 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-07-27 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-06-05 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-06-05 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-05-26 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-04-27 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-04-27 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-04-26 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-04-26 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-04-26 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-21 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-12-19 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-12-19 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-14 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-12-14 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-12-14 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-11 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-11-28 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-09-08 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-28 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-21 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-08-16 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2024-08-04 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-08-01 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-08-01 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2024-07-31 | TD COWEN | Buy | Buy | Maintains |
| 2024-07-31 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-07-31 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-07-31 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-07-25 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2024-07-01 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2024-06-12 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2024-03-20 | EQUISIGHTS | Outperform | Outperform | Maintains |
| 2024-03-19 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-12-20 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2023-12-18 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-12-18 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-13 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-12-13 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-12-13 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-10 | PETERS & CO., LIMITED | Outperform | Outperform | Maintains |
| 2023-11-27 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-09-07 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2025-04-06 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-04-05 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-04-02 | TD COWEN | Buy | Buy | Maintains |
| 2025-04-02 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-03-30 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2025-03-24 | EQUISIGHTS | Outperform | Outperform | Maintains |
| 2025-03-24 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2025-03-20 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2025-02-23 | JEFFERIES | Buy | Buy | Maintains |
| 2025-02-19 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-02-19 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-01-06 | EQUISIGHTS | Outperform | Outperform | Maintains |
| 2025-01-04 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-12-23 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-12-22 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2024-12-17 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2024-12-17 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-12-12 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-12-11 | EIGHT CAPITAL | Buy | Buy | Maintains |
| 2024-12-11 | TD COWEN | Buy | Buy | Maintains |
| 2024-12-11 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-11-19 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2024-10-29 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2025-07-15 | TUDOR PICKERING & CO. SEC | Buy | Buy | Maintains |
| 2025-07-12 | JEFFERIES | Buy | Buy | Maintains |
| 2025-07-09 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-07-09 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-07-08 | TD COWEN | Buy | Buy | Maintains |
| 2025-07-08 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-07-02 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-05-25 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2025-04-29 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2025-07-17 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
