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RBC Capital Believes Element Financial (Other OTC: ELEEF) Still Has Room to Grow

Markets In a report issued on April 23, Geoffrey Kwan from RBC Capital maintained a Buy rating on Element Financial (ELEEF – Research Report), with a price target of C$18.00. The company’s shares closed last Friday at $11.68, close to its 52-week high of $11.69. According to TipRanks.com, Kwan is a 3-star analyst with an average return of 3.3% and a 55.5% success rate. Kwan covers the Financial sector, focusing on stocks such as Brookfield Asset Mng, Equitable Group, and IGM Financial. Element Financial has an analyst consensus of Strong Buy, with a price target consensus of $13.58, a 16.8% upside from current levels. In a report issued on April 20, TD Securities also maintained a Buy rating on the stock with a C$16.00 price target.

RBC Capital Keeps Their Buy Rating on CI Financial (CIFAF)

Markets RBC Capital analyst Geoffrey Kwan maintained a Buy rating on CI Financial (CIFAF – Research Report) on April 23 and set a price target of C$24.00. According to TipRanks.com, Kwan is a 3-star analyst with an average return of 3.3% and a 55.5% success rate. Kwan covers the Financial sector, focusing on stocks such as Brookfield Asset Mng, Element Financial, and Equitable Group. Currently, the analyst consensus on CI Financial is a Moderate Buy with an average price target of $17.64. Based on CI Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $566 million and net profit of $105 million. In comparison, last year the company earned revenue of $536 million and had a net profit of $148 million.

Wednesday s analyst upgrades and downgrades - The Globe and Mail

Wednesday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Private equity funds sell old economy holdings as market rebounds

Private equity funds sell old economy holdings as market rebounds
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Monday s analyst upgrades and downgrades - The Globe and Mail

Monday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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