On September 28, an analyst has provided a rating update for the Materials sector company, Founders Advantage Capital (TSXV: FCF). On September 28, analyst Raveel Afzaal gave a Buy rating to FCF and set a C$2.50 price target.
According to TipRanks.com, Afzaal is ranked #2933 out of 4886 analysts.
Currently, the analyst consensus on Founders Advantage Capital is a Strong Buy with an average price target of C$2.75, a 66.7% upside from current levels. In a report issued on September 28, Clarus also maintained a Buy rating on the stock.
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Founders Advantage Capital’s market cap is currently C$63M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.64.
Founders Advantage Capital Corp. is an investment company, which engages in the acquisition of controlling equity interests in the middle-market private companies with strong cash flows, and proven management teams. It operates through the following business segments: Franchise, Consumer Products & Services, Business Products & Services and Corporate.
The company’s shares closed on Friday at C$1.65, close to its 52-week low of C$1.59.
