Added to YB: 2026-09-24
Pitch date: 2026-09-21
CF.TO [bullish]
Canaccord Genuity Group Inc.
+4.16%
current return
Author Info
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Company Info
Canaccord Genuity Group Inc. operates as a full-service investment dealer in Canada, the United States, the United Kingdom, Europe, Crown Dependencies, and Australia.
Market Cap
CAD 1.4B
Pitch Price
CAD 13.70
Price Target
21.70
Dividend
2.98%
EV/EBITDA
N/A
P/E
-12.87
EV/Sales
N/A
Sector
Capital Markets
Category
value
The Horses of Canaccord Genuity
CF.TO: Canaccord is a larger, more profitable wealth manager than when management’s C$11.25 take-private bid failed in 2023, yet shares trade at C$13.43. Applying Richardson Wealth’s 1.5%-of-assets acquisition multiple implies roughly C$21.70 per share for Canaccord’s wealth assets before Capital Markets, though HPS’s 29% UK Wealth interest and other obligations matter. Concentrated insider ownership supports renewed control optionality, but the next move and HPS liquidity solution remain uncertain.
Read full article (6 min)