Is Buying Canaccord Genuity Group Inc Here a Winning Strategy?


 Is Buying Canaccord Genuity Group Inc Here a Winning Strategy?

The stock of Canaccord Genuity Group Inc (TSE:CF) is a huge mover today! The stock last traded at $4.32 per share. It is down 4.85% since March 10, 2016 and is uptrending. It has underperformed by 0.76% the S&P500.
The move comes after 6 months positive chart setup for the $483.87 million company. It was reported on Oct, 17 by We have $10.84 PT which if reached, will make TSE:CF worth $730.64M more.

Canaccord Genuity Group Inc (TSE:CF) Ratings Coverage

Out of 4 analysts covering Canaccord Financial Inc. (TSE:CF), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $44 is the highest target while $4.50 is the lowest. The $17.50 average target is 305.09% above today’s ($4.32) stock price. Canaccord Financial Inc. has been the topic of 9 analyst reports since October 23, 2015 according to StockzIntelligence Inc. The company was downgraded on Tuesday, February 9 by TD Securities. The rating was maintained by Scotia Capital on Friday, June 3 with “Outperform”. National Bank Canada upgraded Canaccord Genuity Group Inc (TSE:CF) on Friday, May 6 to “Outperform” rating. The company was maintained on Friday, November 6 by National Bank Canada.

More news for Canaccord Genuity Group Inc (TSE:CF) were recently published by:, which released: “Canaccord Genuity Group Inc. Announces $60 Million Private Placement of 6.50 …” on September 21, 2016.‘s article titled: “Canaccord Genuity Group Inc. welcomes the LePoidevin Group advisory team to …” and published on October 11, 2016 is yet another important article.

Canaccord Genuity Group Inc. is a Canada independent financial services company. The company has a market cap of $483.87 million. The Firm has activities in two principal divisions of the securities industry: wealth management and capital markets. It currently has negative earnings. The Company’s divisions include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

CF Company Profile

CF Industries Holdings, Inc., incorporated on April 15, 2005, is the maker and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). The Company’s other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products (NPKs), which are solid granular fertilizer products, for which the nutrient content is a combination of nitrogen, phosphorus, and potassium. The Company’s divisions include ammonia, granular urea, UAN, AN and Other.

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