Canaccord Genuity (CF) Hits New 52-Week High at $6.26

Canaccord Genuity (TSE:CF) shares reached a new 52-week high during trading on Monday . The company traded as high as C$6.26 and last traded at C$6.27, with a volume of 96859 shares trading hands. The stock had previously closed at C$6.07.

Separately, TD Securities lowered shares of Canaccord Genuity from a “buy” rating to a “hold” rating and upped their price target for the company from C$6.00 to C$6.50 in a research report on Monday, February 5th.

In other news, Director Dvaipayan Ghose sold 40,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of C$6.50, for a total transaction of C$260,000.00. Over the last quarter, insiders have sold 90,000 shares of company stock valued at $583,400.

Canaccord Genuity Company Profile

Canaccord Genuity Group Inc, an independent and full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. It operates in two segments, Canaccord Genuity and Canaccord Genuity Wealth Management.

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