MCAN Mortgage (TSE:MKP) Price Target Raised to C$16.00

MCAN Mortgage (TSE:MKP) had its price target hoisted by National Bank Financial from C$15.00 to C$16.00 in a research note issued to investors on Thursday, February 1st. The brokerage currently has an underperform rating on the stock.

Shares of MCAN Mortgage (MKP) opened at C$17.96 on Thursday. The stock has a market capitalization of $419.63, a price-to-earnings ratio of 10.95 and a beta of 0.32. MCAN Mortgage has a 1-year low of C$13.10 and a 1-year high of C$18.22.

In other MCAN Mortgage news, insider Ian Sutherland acquired 4,000 shares of MCAN Mortgage stock in a transaction that occurred on Monday, December 18th. The shares were acquired at an average cost of C$17.43 per share, with a total value of C$69,720.00.

ILLEGAL ACTIVITY WARNING: This news story was originally published by Week Herald and is the sole property of of Week Herald. If you are reading this news story on another domain, it was copied illegally and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at

About MCAN Mortgage

MCAN Mortgage Corporation (MCAN) is a Canada-based loan company and mortgage investment corporation. The Company’s primary objective is to generate income by investing its corporate funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of financial investments, loans and real estate investments.

Receive News & Ratings for MCAN Mortgage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MCAN Mortgage and related companies with's FREE daily email newsletter.

Leave a Reply