Robert W. Baird Maintains a Hold Rating on MFC Bancorp Ltd (MFCB)


Robert W. Baird analyst Jonathan Ruykhaver maintained a Hold rating on MFC Bancorp Ltd (MFCB) today. The company’s shares closed yesterday at $6.70.

Ruykhaver wrote:

“We believe that cloud headwinds combined with less pronounced product cycles drives a weaker overall spend for network security in 2019 and remain Neutral rated on CHKP and FTNT.”

According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of 22.4% and a 70.5% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Forescout Technologies Inc, Varonis Systems, and Proofpoint Inc.

The the analyst consensus on MFC Bancorp Ltd is currently a Hold rating.

See today’s analyst top recommended stocks >>

The company has a one-year high of $8 and a one-year low of $4. Currently, MFC Bancorp Ltd has an average volume of 11.03K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

MFC Bancorp Ltd. engages in the provision of financial services and facilitates structured trade for corporations and institutions. It operates through the Merchant Banking and All Other business segments.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts