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Canaccord Genuity Group Inc T.CF

Alternate Symbol(s):  CCORF | T.CF.PR.A | T.CF.PR.C

Canaccord Genuity Group Inc. is a Canada-based independent and full-service financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Capital Markets segment includes investment banking, advisory, research and trading activities on behalf of corporate, institutional and government clients as well as principal trading activities in Canada, the United Kingdom, Europe, Australia and the United States. The Wealth Management segment provides brokerage services and investment advice to retail or institutional clients in Canada, the United States, Australia and the United Kingdom and Crown Dependencies. Together, these operations offer a range of complementary investment products, brokerage services and investment banking services to its private, institutional and corporate clients. Its international capital markets division operates in North America, the United Kingdom & Europe, Asia, and Australia.


TSX:CF - Post by User

Bullboard Posts
Comment by generaldiscon Jan 30, 2013 1:48pm
167 Views
Post# 20912825

RE: Recent Downgrade

RE: Recent Downgrade

> The Scotiabank recent downgrade to sector perform, but an increase to the target price , now set @

> $8.75...has me wondering why the stock is reacting to the downside.

 

It makes sense because market always focuses on the ratings upgrade vs. downgrade.

The target doesn't matter, no one cares.

Target prices are voodoo magic guessing on the part of the analysts. the rating change (+ve or -ve) is what matters.

Bullboard Posts