Raymond James Financial Inc. Lowers Canexus Corp (CUS) Price Target to C$1.60
Canexus Corp (TSE:CUS) had its target price cut by research analysts at Raymond James Financial Inc. from C$1.65 to C$1.60 in a research report issued on Wednesday. The brokerage currently has a “market perform” rating on the stock. Raymond James Financial Inc.’s price target suggests a potential upside of 5.26% from the company’s current price.
Several other analysts also recently weighed in on CUS. TD Securities cut their target price on Canexus Corp from C$1.75 to C$1.40 and set a “hold” rating on the stock in a research note on Monday, July 4th. Royal Bank Of Canada cut their target price on Canexus Corp from C$1.70 to C$1.50 and set a “sector perform” rating on the stock in a research note on Tuesday, July 5th. CIBC reaffirmed a “sector perform” rating and set a C$1.50 target price on shares of Canexus Corp in a research note on Wednesday, July 6th. Finally, Scotiabank reaffirmed a “sector perform” rating and set a C$1.30 target price on shares of Canexus Corp in a research note on Thursday, September 1st. Five analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of C$1.49.
Shares of Canexus Corp (TSE:CUS) opened at 1.52 on Wednesday. The firm’s 50-day moving average is $1.36 and its 200-day moving average is $1.38. The stock’s market capitalization is $284.07 million. Canexus Corp has a 52 week low of $1.06 and a 52 week high of $1.64.
Canexus Corp Company Profile
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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