Xtract One Tech (TSE:XTR) Raised to Moderate Buy at Canaccord Genuity Group

Xtract One Tech (TSE:XTR) was upgraded by research analysts at Canaccord Genuity Group to a “moderate buy” rating in a note issued to investors on Monday,Zacks.com reports.

Xtract One Tech Trading Up 0.3%

Shares of XTR opened at C$12.45 on Monday. Xtract One Tech has a 52 week low of C$11.32 and a 52 week high of C$12.46. The stock has a 50 day moving average of C$12.23 and a 200-day moving average of C$12.03.

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.