CIBCContrary to the statement, FFH is the only one on the list to have its target raised. GLTA
Ahead of third-quarter earnings seasons for in Canada’s Diversified Financial sector, CIBC World Markets analyst Nik Priebe reduced his target prices for a series of stocks.
His changes included:
- CI Financial Corp. ( “neutral”) to $15 from $18. The average is $18.57.
- ECN Capital Corp. ( “neutral”) to $2.25 from $2.75. Average: $3.04.
- Fairfax Financial Holdings Ltd. ( “outperformer”) to $1,500 from $1,400. Average: $1,485.09.
- Fiera Capital Corp. ( “neutral”) to $5 from $7. Average: $6.93.
- First National Financial Corp. ( “neutral”) to $37 from $44. Average: $41.67.
- Goeasy Ltd. ( “outperformer”) to $150 from $170. Average: $172.
- IGM Financial Inc. ( “outperformer”) to $42 from $50. Average: $45.33.
- Power Corp. of Canada ( “neutral”) to $38 from $42. Average: $41.79.
- Trisura Group Ltd. ( “outperformer”) to $50 from $55. Average: $52.17.