Canaccord Financial (CF) Announces Quarterly Earnings, Misses Estimates By $0.04 EPS
Canaccord Financial (TSE:CF) released its earnings data on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.04, American Banking & Market News reports.
On the ratings front, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Canaccord Financial in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of C$8.13.
Canaccord Financial (TSE:CF) opened at 11.36 on Thursday. Canaccord Financial has a 52-week low of $5.84 and a 52-week high of $13.49. The stock has a 50-day moving average of $12.43 and a 200-day moving average of $9.73. The company has a market cap of $1.058 billion and a P/E ratio of 29.69.
Canaccord Financial Inc, through its principal subsidiaries, is an independent, full-service financial services company.
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