Retirees: Should You Invest in GICs?

So, if you are retired, check out these features of Guaranteed Investment Certificate before investing in GIC. The key is not to go overboard.

Annuity

On March 15th, Scotiabank analyst Paul Steep lowered Enghouse Systems’ (TSX:ENGH) price target to $69 from $71 and kept a “ Sector Perform” rating on the stock. EMGH stock’s previous close was at $61.41 which shows it was trading at a discount of 12.35% to Scotiabank estimates. Later in the day CIBC analyst Stephanie Price […]

ENGH

On March 15th, CIBC analyst Scott Fromson raised Intertape Polymer’s (TSX:ITP) stock price target to $35.50 from $30 and kept an “Outperform” rating on the stock. ITP stock’s previous close was at $28.80 which shows it was trading at a discount of 23.26% to CIBC estimates. Later in the day National Bank analyst Zachary Evershed […]

ITP

While the latest quarterly result may shed a positive light on the company, you need to focus on different aspects before taking an investment call on ACB stock.

ACB stock

On 12th March, CIBC analyst John Zamparo raised the price target for OrganiGram stock from $4.25 to $5 and kept a “Neutral” rating on the stock. OGI stock’s previous close was at $4.04  meaning it was trading at a discount of 23.76% to CIBC estimates. Raymond James also increased its price target from $3 to $6 […]

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