Canexus Corporation Receives Consensus Recommendation of “Hold” from Analysts (TSE:CUS)
Shares of Canexus Corporation (TSE:CUS) have been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the company, Stock Ratings News reports. Three equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$5.17.
Several analysts have recently commented on the stock. Analysts at RBC Capital initiated coverage on shares of Canexus Corporation in a research note on Monday, July 14th. They set an “outperform” rating and a C$6.00 price target on the stock. Separately, analysts at TD Securities downgraded shares of Canexus Corporation from a “hold” rating to a “reduce” rating in a research note on Friday, July 4th. Finally, 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, July 4th. They now have a “sector perform” rating on the stock.
Canexus Corporation (TSE:CUS) opened at 4.61 on Tuesday. Canexus Corporation has a one year low of $3.97 and a one year high of $9.28. The stock’s 50-day moving average is $4.80 and its 200-day moving average is $5.29. The company’s market cap is $840.1 million.
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