Analysts Set CI Financial Corp. (TSE:CIX) Price Target at C$27.94

CI Financial Corp. (TSE:CIXGet Free Report) has been assigned an average rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$27.94.

Several equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods lowered shares of CI Financial from an “outperform” rating to a “market perform” rating and lifted their price objective for the company from C$28.00 to C$31.50 in a research note on Tuesday, November 26th. Scotiabank increased their price target on shares of CI Financial from C$25.00 to C$26.00 in a research note on Friday, November 15th. BMO Capital Markets increased their price objective on shares of CI Financial from C$22.00 to C$25.00 in a report on Friday, November 15th. TD Securities lowered shares of CI Financial from a “buy” rating to a “sell” rating and increased their target price for the stock from C$28.00 to C$32.00 in a report on Tuesday, November 26th. Finally, Jefferies Financial Group raised their target price on shares of CI Financial from C$20.00 to C$27.00 and gave the company a “buy” rating in a research report on Friday, November 1st.

Get Our Latest Stock Analysis on CIX

CI Financial Trading Up 0.2 %

Shares of CIX opened at C$31.02 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.17 and a debt-to-equity ratio of 577.47. The firm has a market capitalization of C$4.38 billion, a P/E ratio of -114.89, a price-to-earnings-growth ratio of 0.04 and a beta of 1.67. The stock’s fifty day simple moving average is C$29.59 and its 200 day simple moving average is C$21.94. CI Financial has a twelve month low of C$13.87 and a twelve month high of C$31.41.

CI Financial Company Profile

(Get Free Report

CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries.

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Analyst Recommendations for CI Financial (TSE:CIX)

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