Risk factor
Considerable default risk
Profitability factor
Undervalued vs peers
About
Canaccord Genuity Group Inc. functions as a diversified financial services enterprise, delivering a broad spectrum of investment products, along with specialized investment banking and brokerage solutions, to a diverse clientele including institutional entities, corporations, and private individuals. The firm organizes its activities into two primary divisions: Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management. The Capital Markets segment specializes in corporate advisory, in-depth research, mergers and acquisitions, sales, trading, and investment banking activities. Conversely, the Wealth Management arm offers comprehensive wealth management strategies, brokerage services, and financial planning tailored for individual investors, high-net-worth clients, charitable organizations, and financial intermediaries. With operations spanning North America, the United Kingdom, Europe, Asia, Australia, and the Middle East, the company boasts a significant global footprint. Canaccord Genuity Group Inc. was established in 1950, with its corporate headquarters situated in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITDA
Target Price
The average target price of CF.TO is 16.8 and suggests 21.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc