Canaccord Genuity Group Inc (TSE:CF) had its target price hoisted by equities research analysts at TD Securities from C$6.50 to C$7.00 in a research note issued on Friday. The firm currently has a “buy” rating on the financial services provider’s stock. TD Securities’ price objective would suggest a potential upside of 28.68% from the stock’s current price.

Canaccord Genuity Group (TSE CF) traded up 0.55% during mid-day trading on Friday, reaching $5.44. The company had a trading volume of 292,063 shares. The firm has a market capitalization of $617.50 million and a price-to-earnings ratio of 27.20. The firm has a 50-day moving average price of $5.73 and a 200 day moving average price of $5.07. Canaccord Genuity Group has a 12-month low of $3.53 and a 12-month high of $6.68.

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In related news, Director Dvaipayan Ghose sold 17,500 shares of the business’s stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of C$5.00, for a total transaction of C$87,500.00. Insiders have sold 23,546 shares of company stock worth $116,702 in the last quarter.

Canaccord Genuity Group Company Profile

Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

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