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Analysts' Forecasts and Recommendations for S&P/TSX SmallCap Stocks
Photo: The Globe and Mail
2026-07-03 19:08   Business   10

Analysts' Forecasts and Recommendations for S&P/TSX SmallCap Stocks

The S&P/TSX SmallCap Index experienced a significant decline of 4.17% in June, underperforming the broader S&P/TSX Composite Index, which rose 0.25%.Despite this setback, the SmallCap Index remains the top performer for the year-to-date with a 17.01% return in the first half of 2026, compared to the Composite Index's 9.92%.Key sectors driving gains included information technology (17.50%), consumer staples (3.04%), real estate (2.98%), health care (2.21%), and financials (1.88%).Conversely, materials and energy sectors saw sharp declines of 11.66% and 7.14%, respectively.The top 10 performers in June were BlackBerry Ltd.(BB-T, +45%), Andrew Peller Ltd.(ADW-A-T, +40%), VersaBank (VBNK-T, +31%), Knight Therapeutics Inc.(GUD-T, +20%), and Neo Performance Materials Inc.(NEO-T, +19%).Analysts have revised target prices for several stocks, with BlackBerry Ltd.seeing a 97% increase to $14.16 and VersaBank rising 37% to $29.86.

The article provides detailed forecasts, target prices, and yield data for all securities in the S&P/TSX SmallCap Composite Index, grouped by sector and ranked by expected returns.It emphasizes the importance of evaluating company fundamentals despite high target prices, which may sometimes be unrealistic.The data highlights the mixed performance of sectors and the potential for growth in specific stocks, offering insights for investors.

Full reading at The Globe and Mail

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