Canaccord Genuity Group (CCORF) to Release Quarterly Earnings on Wednesday

Canaccord Genuity Group (OTCMKTS:CCORF) will likely be issuing its results after the market closes on Wednesday, June 3rd. Analysts expect the company to announce earnings of $0.2247 per share and revenue of $413.1070 million for the quarter.

Canaccord Genuity Group Stock Performance

CCORF opened at $9.30 on Wednesday. The firm has a 50-day moving average price of $8.81 and a 200-day moving average price of $8.68. Canaccord Genuity Group has a twelve month low of $6.40 and a twelve month high of $10.08.

Analysts Set New Price Targets

Separately, TD Securities reiterated a “buy” rating on shares of Canaccord Genuity Group in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Canaccord Genuity Group Company Profile

Canaccord Genuity Group (OTCMKTS: CCORF) is a global, full-service investment bank and financial services firm providing a range of advisory, financing, research and sales and trading services. The company’s primary business activities include equity and debt underwriting, mergers and acquisitions advisory, institutional brokerage, and wealth management. Through its integrated platform, Canaccord Genuity serves corporate, institutional and high-net-worth clients with customized capital markets solutions and strategic advice.

Founded in Vancouver in 1950, the firm has grown through a combination of organic expansion and targeted acquisitions, including the 2010 merger with Genuity Capital Markets, which bolstered its corporate finance capabilities.