Markets
In a report issued on April 23, Geoffrey Kwan from RBC Capital maintained a Hold rating on IGM Financial (IGIFF – Research Report), with a price target of C$44.00. The company’s shares closed last Friday at $33.21, equals to its 52-week high of $33.21.
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.
IGM Financial has an analyst consensus of Hold, with a price target consensus of $32.20, a -1.8% downside from current levels. In a report issued on April 9, BMO Capital also maintained a Hold rating on the stock with a C$41.00 price target.
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.
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.