Analysts
Scores, price targets and rating changes published by the firms we track. Informational, not advice.
Rating scores
Each factor is scored 1 (weak) to 5 (strong).
- Overall2
- DCF1
- Return on equity3
- Return on assets3
- Debt / equity1
- P/E1
- P/B1
Average price target
Mean of the targets analysts published in each window.
Price target is not available for TRP.TO.
Recent rating changes
The latest 40 changes by research firm, newest first.
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 1, 2026 | Goldman Sachs | upgrade | Neutral | Buy |
| Sep 11, 2026 | RBC Capital | maintain | Outperform | Outperform |
| Jul 31, 2026 | RBC Capital | maintain | Outperform | Outperform |
| May 4, 2026 | RBC Capital | maintain | Outperform | Outperform |
| Apr 20, 2026 | Goldman Sachs | upgrade | Sell | Neutral |
| Feb 18, 2026 | Goldman Sachs | maintain | Sell | Sell |
| Feb 17, 2026 | RBC Capital | maintain | Outperform | Outperform |
| Feb 17, 2026 | CIBC | downgrade | Outperform | Neutral |
| Nov 7, 2025 | RBC Capital | maintain | Outperform | Outperform |
| Feb 18, 2025 | RBC Capital | maintain | Outperform | Outperform |
| Nov 20, 2024 | BMO Capital | maintain | Market Perform | Market Perform |
| Jan 21, 2021 | Credit Suisse | upgrade | Neutral | Outperform |
| Nov 25, 2020 | Wells Fargo | downgrade | Outperform | Perform |
| Nov 25, 2020 | TD Securities | upgrade | Hold | Buy |
| Nov 25, 2020 | National Bank Financial | upgrade | Underperform | Perform |
| Nov 25, 2020 | Morgan Stanley | maintain | Equal Weight | Equal Weight |
| Nov 25, 2020 | Macquarie | upgrade | Neutral | Outperform |
| Nov 25, 2020 | Goldman Sachs | upgrade | Sell | Neutral |
| Nov 25, 2020 | Deutsche Bank | maintain | Hold | Hold |
| Nov 25, 2020 | Desjardins | upgrade | Hold | Buy |
| Nov 25, 2020 | Credit Suisse | upgrade | Neutral | Outperform |
| Nov 25, 2020 | Citigroup | maintain | Buy | Buy |
| Nov 25, 2020 | CIBC | upgrade | Sector Perform | Outperform |
| Nov 25, 2020 | Canaccord Genuity | upgrade | Hold | Buy |
| Nov 25, 2020 | B of A Securities | upgrade | Neutral | Buy |
| Nov 25, 2020 | BMO Capital | downgrade | Outperform | Perform |
| Nov 25, 2020 | Barclays | maintain | Buy | Buy |
| Oct 15, 2020 | Goldman Sachs | upgrade | Neutral | Buy |
| Jun 17, 2020 | Citigroup | maintain | Buy | Buy |
| May 13, 2020 | BMO Capital | downgrade | Outperform | Market Perform |
| Apr 14, 2020 | Wells Fargo | maintain | Overweight | Overweight |
| Apr 1, 2020 | BMO Capital | maintain | Outperform | Outperform |
| Mar 9, 2020 | B of A Securities | upgrade | Neutral | Buy |
| Aug 15, 2018 | Deutsche Bank | maintain | Buy | Buy |
| Mar 28, 2018 | Citigroup | maintain | Buy | Buy |
| Mar 23, 2018 | Morgan Stanley | maintain | Overweight | Overweight |
| Mar 22, 2018 | Wells Fargo | downgrade | Outperform | Market Perform |
| Mar 16, 2018 | Morgan Stanley | maintain | Overweight | Overweight |
| Feb 9, 2018 | Morgan Stanley | maintain | Overweight | Overweight |
| Jan 11, 2018 | Morgan Stanley | upgrade | Equal Weight | Overweight |