Canaccord Genuity Group (TSE:CF) Price Target Raised to C$11.50 at Cormark

Canaccord Genuity Group (TSE:CFFree Report) had its target price upped by Cormark from C$10.25 to C$11.50 in a research report sent to investors on Friday morning, BayStreet.CA reports.

Separately, TD Securities boosted their target price on shares of Canaccord Genuity Group from C$10.00 to C$11.00 in a research note on Friday.

View Our Latest Report on Canaccord Genuity Group

Canaccord Genuity Group Stock Performance

CF opened at C$8.53 on Friday. The company has a debt-to-equity ratio of 41.38, a current ratio of 1.24 and a quick ratio of 1.05. The firm has a fifty day moving average price of C$8.81 and a 200 day moving average price of C$8.07. Canaccord Genuity Group has a 1 year low of C$6.50 and a 1 year high of C$9.50. The stock has a market cap of C$871.68 million, a P/E ratio of -28.43, a P/E/G ratio of 0.54 and a beta of 1.65.

Canaccord Genuity Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 21st will be issued a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Friday, June 21st. Canaccord Genuity Group’s payout ratio is presently -113.33%.

About Canaccord Genuity Group

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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.

Further Reading

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