Canadian General Investments (TSE:CGI - Get Free Report) had its price objective cut by research analysts at Royal Bank of Canada from C$170.00 to C$163.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. Royal Bank of Canada's price target suggests a potential upside of 338.17% from the stock's previous close.
Canadian General Investments Trading Down 0.8 %
Shares of CGI stock traded down C$0.30 on Thursday, hitting C$37.20. The company had a trading volume of 500 shares, compared to its average volume of 6,155. The firm has a market cap of C$775.99 million, a P/E ratio of 4.46 and a beta of 1.18. The stock's 50-day moving average is C$36.99 and its two-hundred day moving average is C$35.53. The company has a debt-to-equity ratio of 15.08, a quick ratio of 7.44 and a current ratio of 7.53. Canadian General Investments has a twelve month low of C$32.49 and a twelve month high of C$38.50.
Canadian General Investments Company Profile
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Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.
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