CI Financial (OTCMKTS:CIFAF) Rating Lowered to Underweight at Barclays

CI Financial (OTCMKTS:CIFAF) was downgraded by Barclays from an “equal weight” rating to an “underweight” rating in a report issued on Wednesday, The Fly reports.

Separately, Royal Bank of Canada reiterated a “sell” rating on shares of CI Financial in a research note on Friday, May 10th.

CIFAF stock opened at $16.04 on Wednesday. CI Financial has a 1 year low of $12.02 and a 1 year high of $19.33.

CI Financial Company Profile

CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries.

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