Analyst Ratings For CI Financial Corp (TSE:CIX)
Today, Scotiabank lowered its price target on CI Financial Corp (TSE:CIX) to C$28.00 per share.
There are 1 sell rating, 3 hold ratings, 4 buy ratings on the stock.
The current consensus rating on CI Financial Corp (TSE:CIX) is Hold (Score: 2.38) with a consensus target price of C$29.00 per share, a potential .
Some recent analyst ratings include
- 5/11/2017-Barclays PLC Reiterated Rating of Overweight.
- 1/9/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Sector Perform ” rating to a ” Underperform” rating. They now have a C$27.00 price target on the stock, up previously from C$26.00 .
- 11/4/2016-Canaccord Genuity Upgrade from a “Hold ” rating to a ” Buy” rating.
About CI Financial Corp (TSE:CIX)
CI Financial Corp. (CI) is a wealth management and investment fund company. The Company is engaged in management, marketing, distribution and administration of mutual funds, segregated funds, exchange-traded funds, structured products and other fee-earning investment products for Canadian investors. CI operates through two segments: Asset Management and Asset Administration. The Company’s Asset Management segment provides the majority of CI’s income and derives its revenue principally from the fees earned on the management of various families of mutual, segregated, pooled, exchange-traded and closed-end funds, structured products and discretionary accounts. CI’s Asset Administration segment derives its revenue principally from commissions and fees earned on the sale of mutual funds and other financial products and ongoing service to clients. The Company’s products are distributed primarily through brokers, independent financial planners and insurance advisors, among others.
Recent Trading Activity for CI Financial Corp (TSE:CIX)
Shares of CI Financial Corp closed the previous trading session at 26.09 down -0.64 -2.39% with 607,965 shares trading hands.
