CI Financial Corp T.CIX

Alternate Symbol(s): CIXXF

Financial Services Asset Management

CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. The Company is engaged in the management and distribution of a range of financial products and services, including wealth management, insurance, and others. The Company operates through three segments: Asset Management, Canadian Wealth Management, and U.S. Wealth Management. The Asset Management segment includes CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia. The Canadian Wealth Management segment includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, Northwood Family Office, CI Direct Investing and CI Investment Services. The U.S. Wealth Management segment includes Corient Private Wealth LLC, an integrated wealth management company providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.

TSX:CIX - Post by User

CI Financial Corp

Bullboard Posts

Comment by theisnlon Aug 20, 2015 6:17pm

175 Views

Post# 24037790

RE:CIX.T Receives Consensus Rating of “Buy” from Brokerages

Howard007Hughes wrote:
CI Financial Corp (TSE:CIX) has been given a consensus rating of “Buy” by the ten analysts that are currently covering the company, AnalystRatings.NET reports. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$38.59.

Shares of CI Financial Corp (TSE:CIX) traded down 0.08% on Friday, hitting $35.58. 48,369 shares of the company’s stock traded hands. CI Financial Corp has a 52 week low of $30.56 and a 52 week high of $37.00. The stock’s 50-day moving average is $35. and its 200-day moving average is $33.. The company has a market cap of $10.02 billion and a P/E ratio of 19.23.

A number of research firms have recently commented on CIX. Analysts at TD Securities raised their price target on shares of CI Financial Corp from C$40.00 to C$42.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Analysts at National Bank Financial raised their price target on shares of CI Financial Corp from C$35.00 to C$36.00 and gave the company a “sector perform” rating in a research note on Friday, February 13th. Analysts at Barclays raised their price target on shares of CI Financial Corp from C$36.00 to C$37.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Finally, analysts at RBC Capital lowered their price target on shares of CI Financial Corp from C$38.00 to C$37.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 13th.

CI Financial Corp. (TSE:CIX) is a Canada-based investment fund company. The company offers diversified wealth management solutions. The Company, through CI Investments Inc, offers investment funds and services under the CI, Cambridge, Harbour, Signature, Synergy, Portfolio Series, Portfolio Select Series, CI Guaranteed Retirement Cash Flow Series and SunWise Essential Series banners.