Canaccord Genuity Group Inc (CF) Price Target Raised to C$7.00
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.
ILLEGAL ACTIVITY NOTICE: This news story was reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another domain, it was copied illegally and republished in violation of international copyright and trademark legislation. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/08/06/canaccord-genuity-group-inc-cf-price-target-raised-to-c7-00.html.
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.
Receive News & Ratings for Canaccord Genuity Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canaccord Genuity Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.