Founders Advantage Capital (FCF) Receives a Buy from Canaccord Genuity


Yesterday, an analyst has provided a rating update for the Materials sector company, Founders Advantage Capital (TSXV: FCF). Analyst Raveel Afzaal from Canaccord Genuity rated Founders Advantage Capital (TSXV: FCF) a Buy, setting a C$3 price target.

According to TipRanks.com, Afzaal is ranked #2595 out of 4861 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Founders Advantage Capital with a C$3 average price target.

Founders Advantage Capital’s market cap is currently C$65.58M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.66.

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 Wednesday at C$1.71, close to its 52-week low of C$1.69.

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