Stack Capital price target raised to C$33 from C$23 at Barrington

Barrington raised the firm’s price target on Stack Capital (STCGF) to C$33 from C$23 and keeps an Outperform rating on the shares. The firm notes Stack Capital, an investment holding company that invests in equity, debt and/or other securities of some of the world’s most innovative growth- and late-stage private businesses, announced Q1 results. Management said it is continuing to see strong momentum across private markets, particularly in AI, infrastructure, energy, and robotics. A number of its portfolio companies are contemplating IPOs, while others are currently exploring or pursing financings in the private market at attractive valuations, which means that 2026 is potentially shaping up to be a meaningful year for mark-ups and monetization, resulting in an increasing book value per share and a higher stock price, argues Barrington.