On March 12th, CIBC analyst Mark Petrie raised the price target for Premium Brands (TSX:PBH) to $118 from $108 and assigned a “neutral” rating on the stock. PBH stock closed trading at $115.93 on Friday, meaning it was trading at a discount of 1.78% to CIBC estimates. Premium Brands is valued at a market cap […]
Guaranteed Investment Certificate (GIC) is a safe investment option as it offers a fixed interest rate, irrespective of the market conditions. However, it does not beat inflation rate.
On March 12, CIBC analyst Jamie Kubik raised the price target for Tourmaline Oil (TSX:TOU) from $28 to $30 and maintained an outperform rating on the stock. TOU stock closed trading at $26.08 which means its trading at a discount of 15% to CIBC estimates. Tourmaline is valued at a market cap of $7.73 billion […]
ETF or exchange-traded funds can be good tools for investors when used appropriately. But with any investment, there are always things to watch out for. Here are some of the things one should be careful about: Buying the hot new thing More than a hundred new ETF products launch each year. Many of them chasing […]
At some point you have probably heard that a company is going public but what exactly does that mean and what is the process like? We will answer those questions and more by looking at Unicron Inc, a privately held fintech company we have made up as an example. An initial public offering or IPO […]