Analyst Activity – Canaccord Genuity Lowers Its Price Target On Callidus Capital Corp (TSE:CBL) to C$15.00

Analyst Ratings For Callidus Capital Corp (TSE:CBL)

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Today, Canaccord Genuity lowered its price target on Callidus Capital Corp (TSE:CBL) to C$15.00 per share.

There are 1 hold rating on the stock.

The current consensus rating on Callidus Capital Corp (TSE:CBL) is Hold (Score: 2.00) with a consensus target price of C$16.88 per share, a potential .

Some recent analyst ratings include

  • 5/12/2016-National Bank Financial Reiterated Rating of Outperform Market Weight.
  • 4/1/2016-Dundee Securities was Downgraded by analysts at Dundee Securities from a “Buy ” rating to a ” Neutral” rating.
  • 4/1/2016-Cormark was Downgraded by analysts at Cormark from a “Buy ” rating to a ” Market Perform” rating.
  • 11/9/2015-TD Securities was Downgraded by analysts at TD Securities from a “Buy ” rating to a ” Hold” rating. They now have a C$12.50 price target on the stock, up previously from C$18.00 .

    About Callidus Capital Corp (TSE:CBL)
    Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States. The Company offers loans ranging in size from $5 million to $100 million. The Company offers a range of facilities, including revolving lines of credit; term loans, including standalone term loans; distressed lending, including debtor in possession (DIP) loans, acquisition funding out of bankruptcy and stalking horse bid funding, and growth oriented financing in support of acquisitions, management buyouts (MBO’s), inventory builds, seasonal facilities and purchase order financing. It helps clients by providing liquidity from a company’s basket of assets than traditional lenders on a non-dilutive basis.

    Recent Trading Activity for Callidus Capital Corp (TSE:CBL)
    Shares of Callidus Capital Corp closed the previous trading session at 13.96 down -0.87 -5.87% with 448,651 shares trading hands.

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