Canaccord Genuity Group Inc has seen a slight decline this week amid a backdrop of strong past performance.
Canaccord Genuity Group Inc (CF.TO) is currently trading at C$14.62, reflecting a 2.96% decline over the past week. While there hasn’t been any major news affecting the stock this week, the company has previously reported strong financial results in its fiscal quarters, suggesting a stable outlook moving forward.
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Canaccord Genuity Group Inc
CF.TO
CF.TO
Canaccord Genuity Group Inc
WealthAwesomeMarket cap
$1.45B
Div. yield
2.51%
Div. / share
$0.35
52W high
$15.55
52W low
$8.75
1W change
-2.96%
Beta
1.70
Analyst Price Targets
Based on analyst covering CF
Wall Street analysts forecast CF stock price to rise 15.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$16.56
+15.0% Upside
Current Price
C$14.40
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CF's historical volatility
30-Day Vol
31.0%
Annualized
90-Day Vol
29.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$17.22
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$15.28 | C$13.73 – C$17.01 |
| 60 trading days | C$16.22 | C$13.94 – C$18.87 |
| 90 trading days | C$17.22 | C$14.30 – C$20.72 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors may want to consider the company's historical performance and technical indicators as they evaluate the stock's potential amidst its recent price movements.
Canaccord Genuity Group Inc's stock has a year-to-date gain of nearly 30%.
Despite recent declines, the stock has shown resilience with a year-to-date increase of 29.96%, indicating investor confidence in its long-term prospects.
Bull case
Canaccord Genuity has reported record revenue and improved profitability in recent quarters, especially in its wealth management division. This strong performance may position the company well for future growth.
Bear case
However, the company has a negative profit margin and return on equity, which could raise concerns for potential investors about its long-term profitability.
Recent Price Action
Canaccord Genuity Group Inc's stock closed at C$14.62, reflecting no change in price for the day, but a 2.96% decline over the past week. The stock has shown a slight decrease of 0.14% over the last month, while it has gained nearly 30% year-to-date.
Technical Picture
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Currently, the stock is trading above its 50-day moving average of C$14.25, which represents a 2.6% increase from the current price. The 200-day moving average stands at C$12.48, indicating a more significant 17.1% increase compared to the current price. The stock has a 52-week range of C$8.75 to C$15.55, meaning it is trading at 86% of its range. With a beta of 1.70, the stock is considered more volatile than the market, and the latest volume of 64,569 shares is slightly below the 20-day average volume of 219,393 shares, indicating modest trading activity.
Insider Activity
No recent insider activity was reported for Canaccord Genuity Group Inc, which may suggest a stable outlook from current management.
Market Fundamentals
Canaccord Genuity Group Inc has a market capitalization of approximately C$1.45 billion. The company currently has a profit margin of -6.3% and a return on equity of -6.1%, which could be a concern for potential investors. The earnings per share (EPS) stands at -1.45, reflecting the challenges the company faces despite its strong revenue growth in prior quarters.
Price Action Summary
As of the last close, Canaccord Genuity Group Inc's stock remains at C$14.62, with a 1D change of 0.00%. Investors should remain cautious as they weigh the company's historical performance against its current technical indicators.
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