Share on StockTwits

Canexus Corporation (TSE:CUS) was downgraded by analysts at TD Securities from a “hold” rating to a “reduce” rating in a research report issued to clients and investors on Friday.

A number of other firms have also recently commented on CUS. Analysts at CIBC cut their price target on shares of Canexus Corporation from C$6.00 to C$5.25 in a research note on Friday. They now have a “sector perform” rating on the stock. Separately, analysts at Scotiabank cut their price target on shares of Canexus Corporation from C$5.80 to C$5.60 in a research note on Friday. They now have a “sector perform” rating on the stock. Finally, analysts at National Bank Financial cut their price target on shares of Canexus Corporation from C$4.50 to C$4.25 in a research note on Thursday. They now have an “underperform” rating on the stock. Three investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of C$5.03.

Canexus Corporation (TSE:CUS) traded down 1.28% during mid-day trading on Friday, hitting $4.61. The stock had a trading volume of 2,840,638 shares. Canexus Corporation has a 1-year low of $3.97 and a 1-year high of $9.44. The stock’s 50-day moving average is $4.88 and its 200-day moving average is $5.46. The company’s market cap is $840.1 million.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.