TD Securities downgraded shares of Canaccord Genuity Group (TSE:CF - Free Report) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports.
Other analysts have also issued research reports about the company. Cormark increased their price objective on Canaccord Genuity Group from C$11.50 to C$12.50 in a research note on Tuesday, November 12th. Ventum Financial raised their price target on Canaccord Genuity Group from C$10.25 to C$12.00 in a report on Monday, November 11th. Finally, Raymond James raised their price target on Canaccord Genuity Group from C$11.00 to C$13.00 in a report on Monday, November 11th.
Check Out Our Latest Research Report on CF
Canaccord Genuity Group Price Performance
Shares of CF traded down C$0.04 during midday trading on Thursday, hitting C$8.30. 265,003 shares of the company traded hands, compared to its average volume of 215,518. The stock has a 50-day moving average of C$9.79 and a 200-day moving average of C$9.44. Canaccord Genuity Group has a one year low of C$7.56 and a one year high of C$11.50. The firm has a market cap of C$802.36 million, a P/E ratio of -83.00, a PEG ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 52.93, a current ratio of 1.21 and a quick ratio of 1.05.
Canaccord Genuity Group Company Profile
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Canaccord Genuity Group Inc operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia. It operates through two segments: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, and trading services for corporate, institutional, and government clients.
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