Canaccord Genuity Group (TSE:CF) Raised 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 released on Thursday morning,Zacks.com reports.

Separately, TD Securities cut 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 Price Performance

CF opened at C$7.89 on Thursday. Canaccord Genuity Group has a 1 year low of C$7.56 and a 1 year high of C$11.50. The company has a debt-to-equity ratio of 117.91, a quick ratio of 1.05 and a current ratio of 1.23. The company’s 50 day simple moving average is C$8.63 and its 200 day simple moving average is C$9.44. The stock has a market capitalization of C$807.99 million, a PE ratio of -33.06, a P/E/G ratio of 0.54 and a beta of 1.61.

About Canaccord Genuity Group

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.