Canaccord Genuity Group Inc. (CF) PT Lowered to C$6.00 at TD Securities

Canaccord Genuity Group Inc. (TSE:CF) had its price objective decreased by research analysts at TD Securities from C$7.00 to C$6.00 in a report issued on Wednesday, November 8th. The firm presently has a “buy” rating on the financial services provider’s stock. TD Securities’ price target points to a potential upside of 28.21% from the company’s previous close.

Canaccord Genuity Group (CF) traded up C$0.01 during trading on Wednesday, reaching C$4.68. The company’s stock had a trading volume of 85,768 shares, compared to its average volume of 178,180. Canaccord Genuity Group has a 52 week low of C$3.82 and a 52 week high of C$6.68.

In other news, Director Daniel Joseph Daviau bought 100,000 shares of Canaccord Genuity Group stock in a transaction that occurred on Wednesday, November 8th. The shares were purchased at an average price of C$4.31 per share, for a total transaction of C$431,000.00. Also, Director Marcus Geoffrey John Freeman bought 94,200 shares of Canaccord Genuity Group stock in a transaction that occurred on Thursday, November 16th. The stock was purchased at an average price of C$4.57 per share, for a total transaction of C$430,494.00. Insiders have acquired 207,500 shares of company stock valued at $919,216 in the last three months.

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About Canaccord Genuity Group

Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

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