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Canaccord Genuity Thinks Thunderbird Entertainment Group Inc’s Stock is Going to Recover


A Wall Street analyst has provided a review for the Materials company on November 28, but retained the same rating on the stock. Thunderbird Entertainment Group Inc (TBRD) received a Buy on November 28 from Canaccord Genuity’s analyst Aravinda Galappatthige, with a C$3 price target.

According to TipRanks.com, Galappatthige is a 1-star analyst with an average return of -0.3% and a 53.9% success rate. Galappatthige covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Shaw Communications Inc, and Thomson Reuters Corp.

Currently, the analyst consensus on Thunderbird Entertainment Group Inc is a Moderate Buy with an average price target of C$3.

The company has a one-year high of C$5 and a one-year low of C$1.95. Currently, Thunderbird Entertainment Group Inc has an average volume of 15.16K.

Thunderbird Entertainment, Inc. engages in the identification and evaluation of assets. The company was founded on April 25, 1969 and is headquartered in Vancouver, Canada.

The company’s shares closed on Friday at C$2.08, close to its 52-week low of C$1.95.