Canyon Copper Corp’s (CNC) “Buy” Rating Reiterated at Oppenheimer Holdings, Inc.
Other analysts have also recently issued research reports about the company. Citigroup Inc. upped their price target on Canyon Copper Corp from $80.00 to $89.00 and gave the stock a sell rating in a research report on Wednesday, July 26th. Leerink Swann reissued a market perform rating and set a $90.00 price target (up from $78.00) on shares of Canyon Copper Corp in a research note on Wednesday, September 13th. Cowen and Company reissued an outperform rating and set a $105.00 price target (up from $77.00) on shares of Canyon Copper Corp in a research note on Wednesday, September 13th. Cantor Fitzgerald reaffirmed a buy rating and issued a $90.00 price objective on shares of Canyon Copper Corp in a research note on Tuesday, July 25th. Finally, Morgan Stanley reaffirmed an overweight rating and issued a $94.00 price objective (up from $86.00) on shares of Canyon Copper Corp in a research note on Wednesday, July 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of C$97.53.
Shares of Canyon Copper Corp (NYSE CNC) opened at C$93.68 on Wednesday. Canyon Copper Corp has a 1-year low of C$50.33 and a 1-year high of C$98.71.
Canyon Copper Corp (NYSE:CNC) last announced its quarterly earnings results on Tuesday, October 24th. The company reported C$1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.24 by C$0.11. The firm had revenue of C$11.90 billion for the quarter, compared to the consensus estimate of C$11.75 billion. Canyon Copper Corp had a return on equity of 12.63% and a net margin of 1.69%. The company’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.12 earnings per share.
COPYRIGHT VIOLATION NOTICE: This piece was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece on another website, it was stolen and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be accessed at https://www.watchlistnews.com/canyon-copper-corps-cnc-buy-rating-reiterated-at-oppenheimer-holdings-inc/1697824.html.
In other news, Director Robert K. Ditmore sold 4,167 shares of Canyon Copper Corp stock in a transaction on Thursday, October 26th. The stock was sold at an average price of C$90.42, for a total value of C$376,780.14. The sale was disclosed in a filing with the SEC, which is available through this link.
Large investors have recently made changes to their positions in the company. Mckinley Capital Management LLC Delaware purchased a new position in shares of Canyon Copper Corp in the 2nd quarter valued at $101,000. Seven Bridges Advisors LLC purchased a new position in shares of Canyon Copper Corp in the 2nd quarter valued at $123,000. IFP Advisors Inc increased its holdings in shares of Canyon Copper Corp by 9.6% in the 2nd quarter. IFP Advisors Inc now owns 1,944 shares of the company’s stock valued at $155,000 after acquiring an additional 170 shares during the period. Baldwin Brothers Inc. MA purchased a new position in shares of Canyon Copper Corp in the 3rd quarter valued at $185,000. Finally, MV Capital Management Inc. purchased a new position in shares of Canyon Copper Corp in the 2nd quarter valued at $186,000.
About Canyon Copper Corp
Centene Corporation is a healthcare company. The Company provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. The Company operates through two segments: Managed Care and Specialty Services. The Company’s Managed Care segment provides health plan coverage to individuals, through government subsidized programs, including Medicaid, the State Children’s Health Insurance Program (CHIP), Long Term Care, Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD), Medicare, and Health Insurance Marketplace.
Receive News & Ratings for Canyon Copper Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canyon Copper Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.