AnalystsInsight

Nelson Ng (RBC Capital): Analyst Track Record and Price‑Target Accuracy

Nelson Ng is one of the top‑ranked analysts in Exent’s 7‑year backtest. What Nelson covers, how Nelson’s ratings lean, how fast price targets were reached and the ratings from before the last 30 days; the full record and the newest calls are members‑only.

Reviewed by:David, Senior AnalystPublished Oct 12, 2026Updated Oct 15, 20262 min readHow we research

What changed since Oct 12

Exent re-checks this page every day. Ratings appear 30 days after they are published; live calls are in Gems.

+2 new ratings (stocks members‑only)

Key takeaways

Nelson Ng ranks among the top 50 utilities analysts in Exent’s ranking, scored on a 7‑year backtest.
The exact rank, price‑target hit rate and live calls are members‑only in Exent Gems.
Most‑covered stocks: TSX-MX, TSX-NPI, TSX-AQN, TSX-CHE.UN.
In the past year Nelson’s ratings were 70% Buy, 30% Hold and 0% Sell.

In this article

Nelson Ng’s track record at a glance
How fast price targets were reached
Stocks Nelson Ng covers most
Nelson Ng’s latest ratings
How Exent scores analysts

Nelson Ng’s track record at a glance

Nelson Ng of RBC Capital ranks among the top 50 utilities analysts in Exent’s ranking, with a focus on utilities. The top of the ranking is what Exent Gems follows, so Nelson’s exact rank, hit rate and live calls are for members.

Metric	Nelson Ng	All analysts
Exent rank		—
Price‑target hit rate		52.4%
Calls up after 12 months		64.0%
Median 12‑month return of calls		+13.4%
Median days to hit target		91 days
Stocks covered	12	—

Unlock the full record in Gems

How fast price targets were reached

Time to reach the target	Nelson Ng
Under 30 days	40.0%
30–90 days	20.0%
90–180 days	40.0%
Over 180 days	0.0%

Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.

Stocks Nelson Ng covers most

TSX-MX · TSX-NPI · TSX-AQN · TSX-CHE.UN · TSX-SPB · TSXV-GIP · TSX-BLX · CWEN

In the past year Nelson’s ratings were 70% Buy, 30% Hold and 0% Sell.

Nelson Ng’s latest ratings

Date	Stock	Action	Rating	Price target
Sep 15, 2026	TSX-CHE.UN	Reiterated: Buy	Buy	$20.00
Sep 13, 2026	TSX-NPI	Reiterated: Buy	Buy	$27.00
Aug 31, 2026	TSX-MX	Reiterated: Hold	Hold	$91.71
Aug 14, 2026	TSX-NPI	Reiterated: Buy	Buy	$27.00
Aug 13, 2026	TSX-CHE.UN	Reiterated: Buy	Buy	$20.00
Aug 10, 2026	TSX-SPB	Downgraded: Hold	Hold	$9.00
Aug 7, 2026	TSX-AQN	Reiterated: Hold	Hold	$9.20
Aug 6, 2026	CWEN	Reiterated: Buy	Buy	$42.00
Aug 4, 2026	TSX-VNP	Reiterated: Buy	Buy	$41.00
Aug 3, 2026	TSX-BEP.UN	Reiterated: Buy	Buy	$49.51
Jul 31, 2026	TSX-HPS.A	Reiterated: Buy	Buy	$350.00
Jul 29, 2026	TSX-MX	Reiterated: Hold	Hold	$91.71

Sep 15, 2026
Stock
TSX-CHE.UN
Action
Reiterated: Buy
Rating
Buy
Price target
$20.00
Sep 13, 2026
Stock
TSX-NPI
Action
Reiterated: Buy
Rating
Buy
Price target
$27.00
Aug 31, 2026
Stock
TSX-MX
Action
Reiterated: Hold
Rating
Hold
Price target
$91.71
Aug 14, 2026
Stock
TSX-NPI
Action
Reiterated: Buy
Rating
Buy
Price target
$27.00
Aug 13, 2026
Stock
TSX-CHE.UN
Action
Reiterated: Buy
Rating
Buy
Price target
$20.00
Aug 10, 2026
Stock
TSX-SPB
Action
Downgraded: Hold
Rating
Hold
Price target
$9.00
Aug 7, 2026
Stock
TSX-AQN
Action
Reiterated: Hold
Rating
Hold
Price target
$9.20
Aug 6, 2026
Stock
CWEN
Action
Reiterated: Buy
Rating
Buy
Price target
$42.00
Aug 4, 2026
Stock
TSX-VNP
Action
Reiterated: Buy
Rating
Buy
Price target
$41.00
Aug 3, 2026
Stock
TSX-BEP.UN
Action
Reiterated: Buy
Rating
Buy
Price target
$49.51
Jul 31, 2026
Stock
TSX-HPS.A
Action
Reiterated: Buy
Rating
Buy
Price target
$350.00
Jul 29, 2026
Stock
TSX-MX
Action
Reiterated: Hold
Rating
Hold
Price target
$91.71

Ratings from the last 30 days are members‑only in Exent Gems, with the stocks where several top‑ranked analysts agree; older ratings are shown in full.

See the latest ratings in Gems

How Exent scores analysts

Exent replays every rating with a price target over a 7‑year lookback: was the target reached, how long it took, and what the stock returned 1, 3, 6 and 12 months after the call. The star rating and rank combine success rate, average return and the number of ratings, so a few lucky calls do not make a top analyst. Statistics as of Jun 24, 2026; ranking updated Oct 20, 2026. How accurate are analyst price targets overall?

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

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Frequently asked questions

By Exent’s scoring, Nelson Ng ranks among the top 50 utilities analysts in Exent’s ranking, based on a 7-year backtest of price-target hit rate, returns after calls and number of ratings. The exact rank, hit rate and live calls are members-only in Exent Gems (exent.ai/radar). Past accuracy does not guarantee future accuracy.

Nelson Ng’s price-target hit rate is part of the members-only record in Exent Gems (exent.ai/radar). For comparison, the average analyst’s price targets were reached 52.4% of the time.

Nelson Ng (RBC Capital) covers 12 stocks, mostly in utilities. The most frequently rated are TSX-MX, TSX-NPI, TSX-AQN, TSX-CHE.UN, TSX-SPB.

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What changed since Oct 12

Key takeaways

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What Are Exent Gems? Top‑Analyst Agreement Explained