Aston Hill Financial Stock Rating Reaffirmed by Canaccord Genuity (AHF)
Aston Hill Financial (CVE:AHF)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity in a report issued on Wednesday, StockRatingsNetwork reports. They currently have a C$1.50 price target on the stock, down from their previous price target of C$1.60. Canaccord Genuity’s target price would suggest a potential upside of 5.63% from the company’s current price.
Shares of Aston Hill Financial (CVE:AHF) opened at 1.19 on Wednesday. Aston Hill Financial has a 1-year low of $1.02 and a 1-year high of $1.56. The stock has a 50-day moving average of $1.2 and a 200-day moving average of $1.23. The company has a P/E ratio of 117.00.
The company also recently declared a quarterly dividend, which is scheduled for Friday, May 23rd. Investors of record on Wednesday, May 14th will be given a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Monday, May 12th.
Several other analysts have also recently commented on the stock. Analysts at Cormark upgraded shares of Aston Hill Financial from a “market perform” rating to a “buy” rating in a research note on Monday, March 24th. Analysts at Scotiabank initiated coverage on shares of Aston Hill Financial in a research note on Wednesday, March 5th. They set an “outperform” rating and a C$1.70 price target on the stock.
Aston Hill Financial Inc (CVE:AHF) is engaged in the management, marketing, distribution and administration of mutual funds, private equity funds, hedge funds, segregated institutional funds, as well as oil and gas property management and other fee-based investment products for Canadian investors.
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