Canaccord Genuity Group (TSE:CF) Upgraded to Moderate Buy at Cormark

Cormark upgraded shares of Canaccord Genuity Group (TSE:CF - Free Report) from a hold rating to a moderate buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Separately, TD Securities lowered shares of Canaccord Genuity Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 6th.

Canaccord Genuity Group Trading Down 1.3 %

Shares of CF traded down C$0.10 during midday trading on Thursday, reaching C$7.55. The company had a trading volume of 35,576 shares, compared to its average volume of 187,160. The firm has a 50 day simple moving average of C$8.51 and a 200-day simple moving average of C$9.43. The company has a quick ratio of 1.05, a current ratio of 1.23 and a debt-to-equity ratio of 117.91. The stock has a market cap of C$773.17 million, a PE ratio of -31.63, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. Canaccord Genuity Group has a 1-year low of C$7.45 and a 1-year high of C$11.50.

Canaccord Genuity Group Company Profile

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.