Broker Recommendations

CMC Markets valuation too 'generous', says Canaccord Genuity

By Alexander Bueso

Date: Tuesday 18 Jun 2024

(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'sell' recommendation for shares of CMC Markets, arguing that their valuation was too "generous".
In particular, they noted the "extreme" volatility around the leveraged contribution in the Business-to-Business segment.

They also noted how their analysis had found a potential lack of...

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