Canaccord Genuity Group (TSE:CF) Raised to “Moderate Buy” at Cormark

Canaccord Genuity Group (TSE:CF) was upgraded by analysts at Cormark from a “hold” rating to a “moderate buy” rating in a research note issued on Thursday,Zacks.com reports.

Separately, TD Securities cut 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 5.2 %

Shares of Canaccord Genuity Group stock opened at C$7.89 on Thursday. The company’s 50-day moving average price is C$8.63 and its 200-day moving average price is C$9.44. The company has a current ratio of 1.23, a quick ratio of 1.05 and a debt-to-equity ratio of 117.91. Canaccord Genuity Group has a 12-month low of C$7.56 and a 12-month high of C$11.50. The company has a market cap of C$807.99 million, a price-to-earnings ratio of -33.06, a PEG ratio of 0.54 and a beta of 1.61.

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.