Canexus Corporation (TSE:CUS) announced a dividend on Thursday, November 6th, StockRatingsNetwork reports. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.10 per share on Thursday, January 15th. The ex-dividend date is Monday, December 29th.

CUS has been the subject of a number of recent research reports. Analysts at TD Securities upgraded shares of Canexus Corporation from a “reduce” rating to a “hold” rating in a research note on Friday, October 24th. They now have a C$4.50 price target on the stock, up previously from C$4.00. On the ratings front, analysts at Scotiabank upgraded shares of Canexus Corporation from a “sector perform” rating to an “outperform” rating in a research note on Friday, October 24th. They now have a C$5.00 price target on the stock. Finally, analysts at RBC Capital cut their price target on shares of Canexus Corporation from C$5.50 to C$5.00 in a research note on Friday, October 24th. They now have an “outperform” rating on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of C$4.76.

Canexus Corporation (TSE:CUS) opened at 3.16 on Tuesday. Canexus Corporation has a 1-year low of $2.60 and a 1-year high of $7.56. The stock has a 50-day moving average of $3.37 and a 200-day moving average of $4.36. The company has a market cap of $582.2 million and a price-to-earnings ratio of 19.29.

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