Canaccord Genuity Group Inc. (TSE:CF - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.46 and traded as high as C$9.70. Canaccord Genuity Group shares last traded at C$9.57, with a volume of 662,224 shares traded.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on CF. Cormark raised their target price on shares of Canaccord Genuity Group from C$11.50 to C$12.50 in a report on Tuesday, November 12th. Ventum Financial lifted their price target on Canaccord Genuity Group from C$10.25 to C$12.00 in a report on Monday, November 11th. TD Securities lifted their price target on Canaccord Genuity Group from C$10.00 to C$12.00 in a report on Tuesday, November 12th. Finally, Raymond James lifted their price target on Canaccord Genuity Group from C$11.00 to C$13.00 in a report on Monday, November 11th.
Get Our Latest Analysis on CF
Canaccord Genuity Group Price Performance
The stock's 50-day moving average price is C$10.04 and its 200 day moving average price is C$9.47. The firm has a market cap of C$870.03 million, a price-to-earnings ratio of -90.00, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. The company has a quick ratio of 1.05, a current ratio of 1.21 and a debt-to-equity ratio of 52.93.
Canaccord Genuity Group (TSE:CF - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported C$0.20 earnings per share for the quarter, missing the consensus estimate of C$0.22 by C($0.02). Canaccord Genuity Group had a return on equity of 3.45% and a net margin of 0.18%. The firm had revenue of C$428.64 million for the quarter, compared to analyst estimates of C$440.60 million. Equities research analysts predict that Canaccord Genuity Group Inc. will post 0.8618357 earnings per share for the current year.
Canaccord Genuity Group Company Profile
(
Get Free Report)
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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