Xtract One Tech (TSE:XTR) Stock Rating Raised to Strong-Buy at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH upgraded shares of Xtract One Tech (TSE:XTR) to a strong-buy rating in a report issued on Wednesday morning,Zacks reports.

Separately, Canaccord Genuity Group raised Xtract One Tech to a “moderate buy” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Xtract One Tech Stock Down 0.4%

TSE XTR opened at C$12.14 on Wednesday. Xtract One Tech has a one year low of C$11.59 and a one year high of C$12.55. The stock’s 50-day moving average is C$12.35 and its 200-day moving average is C$12.25.

Xtract One Tech Company Profile

The investment objective of the Fund is to provide a consistent monthly cash distribution, with the potential for modest long-term capital growth, by investing primarily in exchange-traded funds listed on a recognized Canadian Stock Exchange and managed by BlackRock Canada or an affiliate (Canadian iShares Fund) that provide exposure to a diversified portfolio of income-bearing investments. Exposure to these types of income-bearing investments may also be obtained by investing directly in them and/or through the use of derivatives.