Xtract One Tech (TSE:XTR) Upgraded at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH upgraded shares of Xtract One Tech (TSE:XTR) to a strong-buy rating in a research note released on Wednesday morning,Zacks reports.

Separately, Canaccord Genuity Group raised shares of Xtract One Tech to a “moderate buy” rating in a research note on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Xtract One Tech Price Performance

TSE:XTR opened at C$12.22 on Wednesday. The firm has a 50 day simple moving average of C$12.34 and a 200-day simple moving average of C$12.25. Xtract One Tech has a 1-year low of C$11.59 and a 1-year high of C$12.55.

About Xtract One Tech

The investment objective of the Fund is to provide a consistent monthly cash distribution, with the potential for modest long-term capital growth, by investing primarily in exchange-traded funds listed on a recognized Canadian Stock Exchange and managed by BlackRock Canada or an affiliate (Canadian iShares Fund) that provide exposure to a diversified portfolio of income-bearing investments. Exposure to these types of income-bearing investments may also be obtained by investing directly in them and/or through the use of derivatives.