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

Canaccord Genuity Group (TSE:CF) was upgraded by Cormark from a “hold” rating to a “moderate buy” rating in a report issued on Thursday,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 Stock Down 5.2 %

CF stock opened at C$7.89 on Thursday. The stock’s 50 day simple moving average is C$8.63 and its 200 day simple moving average is C$9.44. The company has a market cap of C$807.99 million, a P/E ratio of -33.06, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 117.91, a quick ratio of 1.05 and a current ratio of 1.23. Canaccord Genuity Group has a fifty-two week low of C$7.56 and a fifty-two week 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.