Barclays (LON:BARC) analyst John Aiken maintained a Buy rating on CI Financial on Thursday, setting a price target of C$22, which is approximately 31.52% above the present share price of $13.17.
Aiken expects CI Financial to post earnings per share (EPS) of $0.62 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in CI Financial, with an average price target of $17.2.
The analysts price targets range from a high of $19.68 to a low of $14.95.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $509.35 million and a net profit of $201.78 million. The company's market cap is $2.77 billion.
According to TipRanks.com, Barclays analyst John Aiken is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.1% and a 42.54% success rate.
CI Financial Corp. engages in the business of management, marketing, distribution, and administration of investment funds. It operates through the Asset Management and Asset Administration segments. The Asset Management segment includes fees earned on the management of mutual, segregated, pooled and closed-end funds, structured products and discretionary accounts. The Asset Administration segment involves commissions and fees earned on the sale of mutual funds and other financial products and ongoing service to clients. It offers services through brokers, independent financial planners, and insurance advisors. The company was founded in 1965 and is headquartered in Toronto, Canada.