Analyst Upgrades and Downgrades
Research analysts have issued reports on CI Financial. TD Securities lowered the price target to C$20.00 with a “buy” rating on July 17th. Jefferies Financial Group raised the target price to C$20.00 on July 29th. Four analysts rated the stock as hold and four as buy. The average rating is a “Moderate Buy” with a price target of C$19.38.
Get Our Latest Analysis on CIX
CI Financial Stock Performance
The firm has a market capitalization of C$2.70 billion and a price-to-earnings ratio of -68.52. CI Financial last reported quarterly earnings on August 8th with C$0.90 EPS and revenue of C$985.96 million. The company is forecasted to post 4.010917 EPS for the year.
About CI Financial
CI Financial Corp. is a publicly owned asset management holding company. It manages equity, fixed income, and alternative investments portfolios along with mutual funds, hedge funds, and fund of funds.
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