Royal Bank Of Canada Lowers Canadian General Investments (TSE:CGI) Price Target to C$175.00

Canadian General Investments (TSE:CGI) had its price target dropped by Royal Bank Of Canada from C$185.00 to C$175.00 in a research note issued to investors on Thursday,BayStreet.CA reports. Royal Bank Of Canada’s price objective suggests a potential upside of 340.36% from the stock’s current price.

Canadian General Investments Price Performance

TSE CGI opened at C$39.74 on Thursday. The stock has a market capitalization of C$836.23 million, a P/E ratio of 5.13 and a beta of 1.18. Canadian General Investments has a 1 year low of C$30.40 and a 1 year high of C$43.02. The business’s fifty day moving average is C$39.13 and its two-hundred day moving average is C$37.63. The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79.

Insider Transactions at Canadian General Investments

In other news, Director Clive William Robinson acquired 1,000 shares of Canadian General Investments stock in a transaction on Thursday, July 24th. The stock was bought at an average cost of C$40.96 per share, with a total value of C$40,960.00. Insiders own 16.00% of the company’s stock.

Canadian General Investments Company Profile

Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.