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

Cormark upgraded shares of Canaccord Genuity Group (TSE:CF) from a hold rating to a moderate buy rating in a report issued 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 report on Thursday, February 6th.

Canaccord Genuity Group Stock Down 2.2 %

Shares of TSE:CF opened at C$8.32 on Thursday. The business has a 50-day moving average price of C$8.67 and a 200 day moving average price of C$9.44. 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 current ratio of 1.23, a quick ratio of 1.05 and a debt-to-equity ratio of 117.91. The company has a market capitalization of C$852.02 million, a price-to-earnings ratio of -34.86, 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.