Raymond James Financial Inc. Increases Canexus Corp (CUS) Price Target to C$1.65
Canexus Corp (TSE:CUS) had its price target upped by Raymond James Financial Inc. from C$1.50 to C$1.65 in a research report issued on Thursday. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial Inc.’s price objective would suggest a potential upside of 13.01% from the stock’s previous close.
Several other research analysts have also commented on CUS. Scotiabank reduced their price target on Canexus Corp from C$1.80 to C$1.40 and set a “tender” rating on the stock in a report on Tuesday, June 21st. TD Securities reduced their price target on Canexus Corp from C$1.75 to C$1.40 and set a “hold” rating on the stock in a report on Monday, July 4th. Royal Bank Of Canada reduced their price objective on shares of Canexus Corp from C$1.70 to C$1.50 and set a “sector perform” rating on the stock in a report on Tuesday, July 5th. Finally, CIBC restated a “sector perform” rating and issued a C$1.50 price objective on shares of Canexus Corp in a report on Wednesday, July 6th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of C$1.50.
Canexus Corp (TSE:CUS) opened at 1.46 on Thursday. The company’s market capitalization is $272.86 million. Canexus Corp has a one year low of $1.06 and a one year high of $1.64. The firm’s 50-day moving average is $1.26 and its 200 day moving average is $1.36.
About Canexus Corp
Canexus Corporation is a Canada-based company engaged in operating North American sodium chlorate production facilities; a North American chlor–alkali production facility, and a sodium chlorate and chlor–alkali production facility. The Company’s segments are North America Sodium Chlorate, North America Chlor–alkali (NACA) and South America (sodium chlorate and chlor–alkali).
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