Canaccord Genuity Group Downgrades Triple Flag Precious Metals (TSE:TFP) to Hold

Triple Flag Precious Metals (TSE:TFPGet Free Report) was downgraded by equities research analysts at Canaccord Genuity Group from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Scotiabank upgraded Triple Flag Precious Metals to a “strong-buy” rating in a research note on Tuesday, July 15th. Royal Bank Of Canada upgraded Triple Flag Precious Metals to a “hold” rating in a research note on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

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